Press release
Insulation Materials Market to Garner $101.9 Billion, Globally, by 2030 at 5.2% CAGR, Says Allied Market Research
Prime determinants of growth
Developments in the construction industry, and rapid urbanization & industrialization in the developing countries drive the growth of the global insulation materials market. At the same time, North America and Europe is expected to witness a considerable growth in residential construction, which is likely to present new opportunities in the coming years.
Request PDF Brochure: https://www.alliedmarketresearch.com/request-sample/1764
Covid-19 Scenario
The outbreak of the COVID-19 pandemic has had a negative impact on the growth of the global insulation materials market, owing to implementation of global lockdown which led to disrupted construction activities, especially in the initial period.
However, the market has already started to recover.
The polyurethane foam segment to maintain its leadership status throughout the forecast period
Based on type, the polyurethane foam segment held the highest market share in 2020, accounting for nearly two-fifths of the global insulation materials market, and is estimated to maintain its leadership status throughout the forecast period. This is because it can be made into laminated insulation panels with a variety of facings. Moreover, the expanded polystyrene segment is projected to manifest the highest CAGR of 7.4% from 2021 to 2030.
Purchase Enquiry Report @ https://www.alliedmarketresearch.com/purchase-enquiry/1764
The wires and cables segment to maintain its lead position during the forecast period
Based on application, the wires and cables segment accounted for the largest share in 2020, contributing to more than two-fifths of the global insulation materials market, and is projected to maintain its lead position during the forecast period. This is due to its wide usage to separate conductors, electrically, and physically within a cable. However, the Hvac and Oem segment is expected to portray the largest CAGR of 6.7% from 2021 to 2030.
Asia-Pacific, followed by Europe & North America, to maintain its dominance by 2030
Based on region, Asia-Pacific, followed by Europe & North America, held the highest market share in terms of revenue 2020, accounting for more than two-fifths of the global insulation materials market. Moreover, the same region is expected to witness the fastest CAGR of 6.5% during the forecast period, due to increase in demand for insulation materials in automotive, construction, and wires & cables industry.
Interested in Procuring This Report? Visit Here @ https://www.alliedmarketresearch.com/insulation-materials-market/purchase-options
Key Benefits for Stakeholders
This report provides a detailed quantitative analysis of the current insulation materials market trends and estimations from 2020 to 2030, which assists to identify the prevailing opportunities.
An in-depth analysis of insulation materials market across the globe is anticipated to provide a detailed understanding of the current trends to enable stakeholders formulate specific plans.
A comprehensive analysis of the factors that drive and restrain the growth of the market is provided.
Region-wise and country-wise market conditions are comprehensively analyzed in this report.
The projections in this report are made by analyzing the current trends and future market potential from 2020 to 2030 in terms of value.
An extensive analysis of various regions provides insights that are expected to allow companies to strategically plan their business moves.
Key market players within the market are profiled in this report and their strategies are analyzed thoroughly, which help to understand the competitive outlook of the global Insulation materials market.
Leading Market Players
► BASF SE
► Bayer AG
► Saint-Gobain S.A
► Rockwool International
► Huntsman Corporation
► Atlas Roofing Corporation
► Bridgestone
► Evonik Industries AG
► GAF Materials Corporation
► Kingspan Group PLC
► The DoW Chemical Company
Similar Report:
Cold Insulation Market: https://www.alliedmarketresearch.com/cold-insulation-market
Vacuum Insulation Panels Market: https://www.alliedmarketresearch.com/vacuum-insulation-panels-market
Polyurethane Foam Insulation Materials Market: https://www.alliedmarketresearch.com/polyurethane-foam-insulation-materials-market
Contact:
David Correa
5933 NE Win Sivers Drive
#205, Portland, OR 97220
United States
USA/Canada (Toll Free):
+1-800-792-5285, +1-503-894-6022, +1-503-446-1141
UK: +44-845-528-1300
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Fax: +1(855)550-5975
help@alliedmarketresearch.com
Web: https://www.alliedmarketresearch.com
Follow us on LinkedIn and Twitter
About Us:
Allied Market Research (AMR) is a full-service market research and business consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Insulation Materials Market to Garner $101.9 Billion, Globally, by 2030 at 5.2% CAGR, Says Allied Market Research here
News-ID: 3321117 • Views: …
More Releases from Allied Market Research
Wet Chemicals Market Navigating Potential Future Market Size as a Compass to Suc …
According to the report published by Allied Market Research, the global wet chemicals market was valued at $3.2 billion in 2021 and is projected to reach $5.9 billion by 2031, with a compound annual growth rate (CAGR) of 6.3% from 2022 to 2031. The comprehensive report offers a detailed analysis of key investment opportunities, top strategies for success, market drivers, opportunities, market size and forecasts, competitive landscape, and emerging market…
Growlers Market Size Worth USD 791.1 million By 2031 | Growth Rate (CAGR) of 5.4 …
The Growlers Market Size was valued at $456.8 million in 2021, and is projected to reach $791.1 million by 2031, growing at a CAGR of 5.4% from 2022 to 2031. A growler is a draught beer container made of glass, ceramic, or stainless steel that is mostly used in the United States, Canada, Australia, Brazil, and other nations. Breweries and brewpubs frequently sell them to customers who want to purchase…
Polyaspartic Coatings Market Trend is Growing Worldwide with Future Opportunitie …
According to the report published by Allied Market Research, the global polyaspartic coating market was estimated at $347.6 million in 2021 and is expected to hit $515.1 million by 2031, registering a CAGR of 4.0% from 2022 to 2031. The report provides a detailed analysis of the top investment pockets, top winning strategies, drivers & opportunities, market size & estimations, competitive landscape, and evolving market trends. The market study is…
Aviation Gasoline Market Growth, Competitive Analysis, Prospects, And Top Key Pl …
The aviation gasoline market is characterized by a delicate balance between technological innovation, regulatory compliance, and market demand. As aircraft manufacturers continue to develop more efficient and environmentally friendly piston engines, the demand for advanced formulations of avgas evolves accordingly. Moreover, stringent safety and quality standards imposed by aviation authorities worldwide shape the production, distribution, and usage of avgas.
The global aviation gasoline (avgas) market size was valued at $12.5 billion…
More Releases for Insulation
Fiberglass Insulation Market Top Key Players - Asahi Fiber Glass, Bradford insul …
Fiberglass is a common insulation material used in a variety of buildings. It is made up of extremely thin glass fibers. It's commonly found in a variety of insulating products, including batts, rolls, and loose fill. It's also available in the form of rigid panels and duct shielding.
Companies now offer synthetic fibers in medium and higher fiberglass batts with somewhat higher R-Values than conventional batts. Fiberglass can be used to…
Insulation Spider: Multi Criteria Evaluation of Insulation Materials
The Insulation Spider is a simple and practical graphical tool that visualises the strengths and weaknesses of insulating materials; it creates a complete, differentiated and balanced evaluation of sustainability and application aspects.
Maaseik, Belgium., April 06, 2018 -- A wide variety of insulation materials is available on the European market, all with their advantages and disadvantages, depending on the area of application.
Besides the physical properties and the performance of insulation materials, sustainability…
Global Vacuum Insulation Panel Market 2017 - Kingspan Insulation, Knauf Insulati …
Global Vacuum Insulation Panel Market 2017 Research Report presents a professional and deep analysis on the present state of Vacuum Insulation Panel Market 2017 in Chemicals and Materials Industry. High Use of Vacuum Insulation Panel in Chemicals and Materials Industry Driving the Market Growth of Vacuum Insulation Panel. Vacuum Insulation Panel Market 2017 by Type (Precipitated silica Vacuum Insulation Panel, Fumed silica Vacuum Insulation Panel, Nanogel Vacuum Insulation Panel, Glass…
Fiberglass Rigid Board Insulation Market Size 2017-2022: Knauf Insulation, Owens …
Global Fiberglass Rigid Board Insulation Market Research Report
A market study ” Global Fiberglass Rigid Board Insulation Market ” examines the performance of the Fiberglass Rigid Board Insulation market 2017. It encloses an in-depth Research of the Fiberglass Rigid Board Insulation market state and the competitive landscape globally. This report analyzes the potential of Fiberglass Rigid Board Insulation market in the present and the future prospects from various angles in detail.
Inquiry…
Global Cold Insulation Materials Market 2017 - Huntsman, Fletcher Insulation
The motive of this strategic research report entitled "Global Cold Insulation Materials Market 2017" is to provide company officials, industry investors, and industry members with consequential insights to enable them make reliable strategic decisions regarding the opportunities in the global Cold Insulation Materials market.
Key Notes On Cold Insulation Materials Market:
"Global Cold Insulation Materials Market 2017 "offers crucial insights into the global Cold Insulation Materials market along with the market size…
Global Fiberglass Rigid Board Insulation Market 2017 - Knauf Insulation, Owens C …
The recent report on Fiberglass Rigid Board Insulation market offers insightful information about the present scenario of the market across the globe. The report, titled Fiberglass Rigid Board Insulation points out the key factors affecting the growth of the market. Latest market trends as well as the future growth opportunities have been mentioned in the report. The report takes into account the various micro and macro-economic factors governing the overall…
