Insulation Market: Global Size, Share, Trends, Growth & Forecast to 2019-2024

Global Insulation Market Research Report and Forecast 2024

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Report Description Global Insulation Market Overview:

According to the latest report by IMARC Group, titled “Insulation Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2019-2024�, the global insulation market experienced steady growth during 2011-2018. Insulation is the process of hindering heat, sound and electricity from entering or escaping a physical space. It acts as a barrier to the heat flow, which enables an insulated room to remain warm in the winter while cooler during summers. Insulating residential spaces aid in providing year-round comfort to the users while eliminating the issue of condensation within homes. It also absorbs sounds that assist in minimizing unwanted noise caused by appliances or other sources.

Apart from this, insulation helps in reducing energy costs, minimizing emissions of pollutants and protecting spaces from fire threats.

Global Insulation Market Trends At present, there is an increase in the construction of buildings, especially in the industrial, residential and infrastructural sector, across the globe. This can be attributed to the rising global population and inflating income levels of individuals, which, in turn, is positively impacting the sales of insulators. In addition to this, shifting preference of the consumers towards energy conservation & sustainable development, along with rising demand for green construction, is providing a thrust to market growth.

Report Description and Highlights

157.3 146.7 152.0 141.4 136.1 125.5 130.8

160 140 120 100 80 60 40 20 0

120.2 2011

2012

2013

2014

2015

2016

2017

2018

In Billion US$

in Billion US$

Report Description

180 160 140 120 100 80 60 40 20 0

160.0 2019

175.9

181.2

186.5

165.3

170.6

2020

2021

2022

2023

2024

Boosting sales of air conditioners and the implementation of stringent building codes in various countries are some of the other factors that are expected to contribute to the market growth in the coming years. On account of the aforementioned factors, the market is expected to grow at a CAGR of around 6.5% during 2019-2024.

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Report Description

Furthermore, enhanced research and development (R&D) activities by manufacturers to introduce efficient product variants are expected to impact the market growth favorably. For instance, efficient product variants, such as R10 insulated vinyl siding and Polymeric Vacuum Insulation Spheres (PVIS), are gaining traction among consumers.

For more information, click here: https://www.imarcgroup.com/insulation-market Market Segmentation by Material Type • • • • • • •

Mineral Wool Polyurethane Polyethylene Polyvinyl Chloride Polystyrene Calcium Silicate Others

On the basis of the material type, the market has been divided into mineral wool, polyurethane, polyethylene, polyvinyl chloride, polystyrene, calcium silicate and others.

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Report Description Market Segmentation by Function • • • •

Thermal Electric Acoustic Others

Based on the function, the market has been categorized into thermal, electric, acoustic and others.

Market Segmentation by Form • • • • •

Pipe Foam Blanket Board Others

On the basis of the form, the market has been segregated into pipe, foam, blanket, board and others.

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Report Description

Market Segmentation by End Use Industry • • • • • • •

Power Chemical and Petrochemical Oil and Gas Construction Automotive Food and Beverage Others

Based on the end use industry, the market has been classified into power, chemical and petrochemical, oil and gas, construction, automotive, food and beverage, and others.

Market Segmentation by Region • • •

Asia Pacific Europe North America

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Report Description • •

Middle East and Africa Latin America

On the geographical front, the market has been divided into Asia Pacific, Europe, North America, Middle East and Africa, and Latin America.

Competitive Landscape: The competitive landscape of the market has also been examined with some of the key players.

• • • • • • • •

GAF Knauf Insulation Johns Manville 3M Company Owens Corning Saint Gobain Recticel Kingspan Group

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Report Description • • • • • • •

URSA Rockwool Group Atlas Roofing Corporation BASF Polyurethanes Owens Corning Byucksan Corporation Bridgestone Corporation

A partial List of

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Clients world's leading corporates, governments, and ourPartial ClientsList of institutions

A partial List of

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of Clients leading corporates, governments, and ourPartial ClientsListworld's institutions

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