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Insulation Market Overall Growth Factors, Applications Matt Paradis Jersey , Regional Analysis and Demand Forecast to 2025
by deepakkumarwts · October 25, 2018
Global聽insulation market聽is projected to reach $101.3 billion by 2025. Growth in the demand for insulation in residential and non-residential applications owing to the growing importance for energy conservation and rising energy costs are expected to trigger the growth of the market during the forecast period. Government initiatives to promote energy efficiency and sustainable development through insulating technologies are expected to further propel the insulation market growth.
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On the basis of product, the insulation market has been segmented into glass wool, mineral wool Derek Wolfe Jersey , expanded polystyrene (EPS), extruded polystyrene (XPS), and others. Glass wool and EPS are estimated to hold more than 50% share in the market in 2017.
On the basis of application,聽global insulation market聽has been segmented into residential construction Chris Harris Jr. Jersey , non-residential construction, industrial, heating, ventilation Emmanuel Sanders Jersey , and air conditioning (HVAC) & original equipment manufacturer (OEM).
Increasing demand in residential and non-residential construction is expected to drive the insulation market growth during the forecast period. High urbanization rates and increasing number of cities in emerging markets, especially China and India, are driving the residential infrastructure growth.
Europe is estimated to hold the largest share in the聽insulation market, with more than 25.0% revenue contribution in 2017. The high demand for insulating materials from residential buildings is expected to drive the European insulation market growth during the forecast period.
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Some of the major players operating in the global聽insulation industry聽are GAF Materials Corporation Demaryius Thomas Jersey , Guardian Building Products Inc., Huntsman Corporation, Johns Manville, Cellofoam North America Inc. Royce Freeman Jersey , CertainTeed Corporation, ROCKWOOL International AS, Dow Building Solutions, Owens Corning Bradley Chubb Jersey , Atlas Roofing Corporation, Saint-Gobain S.A., Byucksan Corporation, and Kingspan Group.
GLOBAL INSULATION MARKET SEGMENTATION
By Product
Glass Wool Mineral Wool EPS XPS Others
By Application
Residential Construction Non-residential Construction Industrial HVAC & OEM
By Region
North America U.S. Canada Mexico Europe Germany U.K. France Asia-Pacific China India Japan Central & South America (CSA) Middle East & Africa (MEA)
About P&S Intelligence
P&S Intelligence Von Miller Jersey , a brand of P&S Market Research, is a provider of market research and consulting services catering to the market information needs of burgeoning industries across the world.
Providing the plinth of market intelligence, P&S as an enterprising research and consulting company, believes in providing thorough landscape analyses on the ever-changing market scenario DaeSean Hamilton Jersey , to empower companies to make informed decisions and base their business strategies with astuteness.
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