The global insulation market is expected to grow at a CAGR of 5% over the forecast period. Growing consumer awareness of energy savings is expected to boost growth. Factors such as rapid industrialization and urbanization in emerging countries such as China, India, Philippines, Malaysia and Indonesia are increasing the need for better infrastructure. It is also estimated that regulatory support and increased demand for residential and industrial insulation will stimulate product demand.
A full report of Insulation Market available at https://www.orionmarketreports.com/insulation-market/24288/
Prominent market players are Atlas Roofing Corporation; BASF; Bayer; Certain Teed; Cellofoam North America Inc.; Dow Building Solutions; GAF Materials Corp.; Knauf; Owens Corning Corp.; and Nova Chemicals Corp. These players are concentrating on new joint ventures, collaborations, agreements, and strategies to advance their production facilities and to gain larger market shares.
Insulation Market Segmentations
By Product
• Fiberglass/Glass Wool
• Mineral Wool
• Plastic Foam
• EPS
• XPS
• Others
By Application
• Residential Construction
• Industrial, HVAC & OEM
• Non-Residential Construction
(This release has been published on OMR Industry Journal. OMR Industry Journal is not responsible for any content included in this release.)
