GCC Insulation Market

GCC Insulation Market

GCC Insulation Market by Product (Glass Wool, Mineral Wool, Expanded Polystyrene, Extruded Polystyrene, CMS Fibers, Calcium Silicate, Aerogel, Cellulose, Polyiso, Phenolic Foam and Polyurethane), By Application and By Countries (UAE, Saudi Arabia, Oman, Kuwait and Rest of GCC) – Opportunities & Forecast, 2020-2027

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The market report aims to provide an overview of the industry through detailed market segmentation. Moreover, the report also offers thorough information regarding the overview and scope of the market, along with the key drivers, restraints, and emerging trends in the market. It is designed to include both quantitative and qualitative aspects of the industry for each country participating in the study.

Key Players in the GCC Insulation Market include: Huntsman International LLC, Dow Building Solutions, Saint-Gobain S.A., Roxul Inc., Kingspan Group, BASF Polyurethanes GmbH, 3M Gulf Ltd., Armacell International Holding GmbH, Knauf Gips KG, Covestro AG, and Bridgestone Middle East & Africa FZE, among others.

Key Drivers of the GCC Insulation Market: The key factors contributing to the growth of the GCC insulation market include the growing demand for sustainable residential buildings and the increasing consumer consciousness related to energy conservation among the population. In addition to this, the rising government regulation associated with sustainability and green building development projects will further propel the growth of the GCC insulation market size.

For example, Regulations in April 2010, the Dubai Electricity and Water Authority issued the second phase of its green building to decrease the demand for energy in the newly constructed buildings by 40%.

According to Estidama Program, the Abu Dhabi Government has introduced a periodical measure to deal with unsustainable designs of residential and commercial buildings for mitigation against greenhouse gas emissions. The program helps the building code under the Emirates Green Buildings Council for sustainable surroundings.

Rapid urbanization with increasing disposable income amongst middle-class families is fuelling the demand for the GCC insulation market. The key giants are planning to adopt for the technological advancement in thermal insulation, include vacuum panels and R&D activities, which are energizing the growth of the GCC insulation market in

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the upcoming years. On the other hand, the variations in raw materials prices will hinder the demand for the GCC Insulation market.

Segmentation of the GCC Insulation Market: The market report offers future growth drivers and competitive landscape. This will be beneficial for buyers of the market report to gain a clear view of the important growth and subsequent market strategy.

On the basis of Product: • Glass Wool • Mineral Wool • Expanded Polystyrene (EPS) • Extruded Polystyrene (XPS) • CMS Fibers • Calcium Silicate • Aerogel • Cellulose • Polyiso (PIR) • Phenolic Foam • Polyurethane On the basis of Application: • Infrastructure o Residential Construction o Non-residential & Commercial Constructions • Industrial • HVAC & OEM • Transportation o Automotive o Marine o Aerospace • Appliances • Furniture 3

• Packaging On the basis of countries: • UAE • Saudi Arabia • Oman • Kuwait • Rest of GCC About GMI Research GMI Research is a market research and consulting firm which provides bespoke industry & market research to help businesses in making the toughest business decision. We know the significance of accurate data; that’s why our analyst use a tailored methodology to study every market in detail because one size doesn’t fit all.

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