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Insulation Products Market worth 62.84 Billion USD by 2021

(EstateNewsWire.com, April 04, 2018 ) The report "Insulation Products Market by Insulation Type (Thermal, Acoustic, and Vacuum), Material (Mineral Wool, Fiberglass, and Foamed Plastics), End-use Industry (Residential, Commercial, and Industrial, HVAC & OEM), and Region - Global Forecast to 2021", The market for insulation products is projected to grow from USD 43.85 Billion in 2016 to USD 62.84 Billion by 2021, at an estimated CAGR of 7.46%. The market for insulation products is growing due to increasing demand in end-use industries such as construction, automotive, and aerospace & defense.



Browse 170 market data Tables and 58 Figures spread through 228 Pages and in-depth TOC on "Insulation Products Market by Insulation Type (Thermal, Acoustic, and Vacuum), Material (Mineral Wool, Fiberglass, and Foamed Plastics), End-use Industry (Residential, Commercial, and Industrial, HVAC & OEM), and Region - Global Forecast to 2021"



https://www.marketsandmarkets.com/Market-Reports/insulation-product-market-76188343.html

Early buyers will receive 10% customization on reports.



Thermal insulation type to gain maximum traction during the forecast period



Thermal insulation is highly preferred because of a variety of reasons such as it conserves energy by reducing heat loss, reduces greenhouse emission, controls surface temperatures for personnel protection, and increases comfort. Additionally, thermal insulation products deliver excellent performance in extreme conditions such as high temperature, cold, and humidity.



Commercial construction segment is projected to grow at the highest rate during the forecast period



The insulation products market is segmented on the basis of end-use industry into commercial; residential; and industrial, HVAC & OEM equipment. In 2015, the commercial construction segment accounted for the largest share of the end-use industry segment and it is also projected to grow at the highest CAGR during the forecast period. The increasing demand in construction industry, increasing urbanization & industrialization in emerging countries, and governments’ initiatives to propel FDI are the main drivers for the insulation products market.



Download PDF Brochure : https://www.marketsandmarkets.com/pdfdownload.asp?id=76188343



Asia-Pacific to play a key role in the market for insulation products



On the basis of key regions, the market for insulation products is segmented into North America, Europe, Asia-Pacific, and the Rest of the World (RoW). Low labor costs, increasing industrialization, a large scope for FDI, emerging economic conditions, stable government scenarios, and an excellent hold on industries such as construction, automotive, marine, and aerospace have played a crucial role in the growth of the market for insulation products packaging in the Asia-Pacific region.



The key players considered in the report are:



-E. I. du Pont de Nemours and Company (DuPont) (U.S.)

-Trelleborg AB (Sweden)

-Sika AG (Switzerland)

-Avery Dennison Corporation (U.S.)

-Owens Corning (U.S.)

-BASF SE (Germany)

-DUNMORE Corporation (U.S.)

-3M Company (U.S.)

-Knauf Insulation (U.S.)

-Johns Manville, Inc. (Berkshire Hathaway) (U.S.)



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About MarketsandMarkets



MarketsandMarkets is the largest market research firm worldwide in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to a multitude of clients across 8 different industrial verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications. Our 850 fulltime analyst and SMEs at MarketsandMarkets are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors.



M&M’s flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. The new included chapters on Methodology and Benchmarking presented with high quality analytical infographics in our reports gives complete visibility of how the numbers have been arrived and defend the accuracy of the numbers.



We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository.



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