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Insulation Market Latest Trend, Growth by Size, Application & Forecast 2026

(, October 10, 2018 ) The Global Insulation Market growth is majorly attributed to the rapid cost reduction and enhanced performance. Insulation materials are used for prevention of heat transfer at extremely high temperatures while protecting adjacent materials from heat damage. Insulation materials offer low thermal conductivity, high heat capacity, surface emissivity, and thermal bridging. Some commonly used insulation materials include fiberglass, mineral wool, cellulose, polyurethane foam, polystyrene, and vermiculite and perlite insulation materials among others.

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Growth in manufacturing industry and favourable government regulations boost the insulation Market

The major driving factors of the insulation market include increasing need to save energy, improve performance, and reduce operation costs. The growing need to reduce greenhouse emissions, and increasing urbanization boosts the growth of the insulation market. Growth in manufacturing and industrial sectors has increased the demand of insulation material over the years. There has been an increase in demand from residential and industrial sectors, thereby supporting market growth. There has been significant growth in manufacturing and construction industries owing to favorable government regulations and initiatives such as subsidies and incentives and increasing foreign investments. Expansion of established companies into emerging economies and technological advancements would provide numerous growth opportunities in the market.

Global Insulation Market Taxonomy

The global insulation market is segmented on the basis of type, end-user, and geography.

By Type

Mineral Wool
Glass Wool
Extruded Polystyrene
Expanded Polystyrene
By End-User

Geographically, the global insulation market is categorized into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.

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Increasing demand construction sector boost the market growth in North America

On the basis of geography, North America is expected to account for the highest share during forecast period. A significant growth in the demand of insulation material from residential and commercial sectors has been registered over the past few years in, thereby driving the growth of insulation market. Presence of leading global players and introduction of technologically advanced products further supports the growth of the insulation market.

Key players in the global Insulation market are:

Huntsman International LLC
Cellofoam North America Inc.
GAF Materials Corporation
Certain Teed Corporation
Dow Building Solutions
Atlas Roofing Corporation
Byucksan Corporation
BASF Polyurethanes GmbH
Kingspan Group PLC
Atlas Roofing Corporation

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About Polaris Market Research

Polaris Market Research is a global market research and consulting company. We provide unmatched quality of offerings to our clients present globally. The company specializes in providing exceptional market intelligence and in-depth business research services for our clientele spread across different enterprises. We at Polaris are obliged to serve our diverse customer base present across the industries of healthcare, technology, semi-conductors and chemicals among various other industries present around the world. We strive to provide our customers with updated information on innovative technologies, high growth markets, emerging business environments and latest business-centric applications, thereby helping them always to make informed decisions and leverage new opportunities.

We mainly focus on aiding our customers with substantial competitive intelligence, helping them to secure a competitive advantage in the market and accomplish sustainable growth in different market domains. Adept with a highly competent, experienced and extremely qualified team of experts comprising SMEs, analysts and consultants, we at Polaris endeavor to deliver value-added business solutions to our customers. Through dedicated qualitative and quantitative primary and secondary market research and consulting assignments, we adeptly formulate competitive strategies to address business challenges for our clients through analyzing market trends and emerging technologies.

Contact us-

Mr. Neel
Corporate Sales, USA
Polaris Market Research
Phone: 1-646-568-9980

Polaris Market Research



Source: EmailWire.Com

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