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Insulation Products Market by Insulation Type, Material, End-use Industry And Region - Global Forecast to 2021

Insulation Products Market: Global Forecast until 2021

  • August 2016
  • 217 pages
  • ID: 4067051
In this report:
According to NAIMA, in 2014, about ##.## billion pounds of recycled scrap glass have been used in the manufacture of fiberglass insulation, making up about ##% of the input material.
According to the U.S. Census Bureau, the construction industry was worth USD ##.## billion in March 2016, which was an ##% gain as compared to the construction spending in the same month last year.

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Increasing demand in the construction industry to drive the sector for insulation products

The overall market for insulation products is forecasted to grow from ~$43.8B in 2016 to attain ~$62.8B by 2021, at an estimated compound annual growth rate of ~7.5 percent. The industry for insulation products is influenced by the increasing demand in industries including construction of both, residential and commercial buildings, automotive, Original equipment manufacturers, aerospace & defense, and maritime in both, developed and developing countries. Insulation products are highly preferred to retain the comfort quality of the living space and to minimize the heat flow.

Thermal insulation segment is expected to grow at a steady Compound annual growth rate during the outlook period

The thermal insulation segment is intended to be the quickest-increasing insulation type in the insulation products market in the upcoming five years. Thermal insulation is highly preferred in the construction of residential and commercial buildings, and in OEM manufacturing industrial sites like automotive, HVAC, aerospace, and mining to minimize the heat flow.

Asia-Pac to be the quickest increasing market during the estimate period

The Asia-Pac region is forecasted to be the quickest developing market during the outlook period, succeeded by EU, from 2016 to 2021.China (CN) recorded for the most important consumption of insulation products, succeeded by Japan (JP), in 2015.

In North America (NA), the U.S.A is the biggest consumer of insulation products. The top reasons attributed to the increase in the Asia Pacific (APAC) area are emerging economies, government actions for FDI, increasing awareness of insulation products, and, most importantly, the growing trends in end-use industries including construction and Original equipment manufacturers among others.

Breakdown of Primaries

Comprehensive interviews have been managed with several key industry participants, subject-matter experts, C-suite executives of key industry players, and industry consultants, among other experts, to verify and obtain critical qualitative and quantitative info as well as assess future industry prospects. The classification of primaries interviews is like:

• By Company category: Tier 1 - 41.0 percent, Tier 2 - 17.0 percent, and Tier 3 - 42%• by level type: C-suite - 48.0 percent, Grade of manager - 32.0 percent, and Others - 20%• by geographic zone: North America continent - 44.0 percent, Asia Pacific (APAC) - 28.0 percent, Europe (EU) - 19.0 percent, and rest of the world - 9%Note: The 1/3 of the companies, the tiers of the corporations is defined on the basis of their final revenue, as of 2014. Tier n1: Revenue >USD 500 million, Tier 2: Revenue USD 100 to 500 million, and Tier 3: Revenue

The different suppliers of Insulation products decribed in the study are:

1. E. I. du Pont de Nemours and Organization

The analysis will facilitate the market top players/new sector entrants in this sector in these ways:

1. This document breaks down the insulation products market comprehensively and offers the best approximations of the revenue data for the global market and the sub-segments across the distinct verticals and localities.

2. The market research benefits partners to comprehend the sector and offers them information on main market drivers, market restraints, opportunities, and alternatives.

3. This industry report will facilitate partners to better find out their players and obtain additional insights into their rank in the business sector.

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