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Insulation Market Size Worth USD 79.06 billion by 2026: Increasing Construction Activities will Promote Growth says Fortune Business Insights™

Top Players Covered are Cellofoam North America Inc., Atlas Roofing Company, Knauf Insulation, DuPont, Armacell S.A, Owens Corning, Bridgestone Chemitech Co., Ltd, Firestone Building Products, Sound Seal, K-FLEX S.p.A, vonik, Beijing New Building Material (Group) Co., Ltd, BYUCKSAN, PT. Bondor Indonesia, Johns Manville and more

/EIN News/ -- Pune, March 17, 2020 (GLOBE NEWSWIRE) -- The global insulation market size is expected to reach USD 79.06 billion by 2026, on account of the increasing number of building and construction activities worldwide. Insulation is used for maintaining the average temperature inside a building by reducing the transfer of heat between adjacent environments. Additionally, it reduces carbon footprint by restricting heat conduction to the external environment and utilizing less energy for maintaining an average temperature. According to a recently published report by Fortune Business insights™ titled, Insulation Market Size, Share and Global Trend, By Material (Mineral Wools {Glass Wool, Stone Wool}, Foamed Plastics {Expanded Polystyrene [EPS], Extruded Polystyrene [XPS], Polyurethane [PU], Polyisocyanurate [PIR], Others}, Cellulose, Aerogels, Others), By Application (HVAC & OEM, Transportation, Packaging, Building & Construction, Others), and Geography Forecast till 2026,” the market size was USD 55.16 billion in 2018 and is projected to exhibit a CAGR of 4.6% between 2019 to 2026.


Report Overview

The report provides a comprehensive overview of the market, predominantly focusing on factors driving, restricting, challenging, and giving an opportunity to the market. It also offers competitive landscape of the market with list of key players and the strategies adopted by them for gaining momentum in the market competition. Besides this, the report talks about various segments of the market based on factors such as material, application, and geographies and the names of the leading segments.

Furthermore, the report lists key industry developments, current insulation market trends, and other interesting insights into the market.


Request a Sample Report:
https://www.fortunebusinessinsights.com/enquiry/request-sample-pdf/insulation-market-102423


Market Drivers

Fire Resistant Property of Insulated Buildings to Attract High Market Revenue

Two significant factors are primarily responsible for the global insulation market growth. These include the increasing requirement for insulation in the building and construction industry to maintain the indoor temperature and to reduce the carbon footprint of the building. Secondly, insulation offers properties such as fire, impact, and acoustic resistance to building structures, and this is further anticipated to aid in the expansion of the market in the forecast period.

List of best players operating in the Insulation Market include:

  • Cellofoam North America Inc.
  • Atlas Roofing Company
  • Knauf Insulation
  • DuPont
  • Armacell S.A.
  • Owens Corning
  • Bridgestone Chemitech Co., Ltd.
  • Firestone Building Products
  • Sound Seal
  • K-FLEX S.p.A.
  • Evonik
  • Beijing New Building Material (Group) Co., Ltd.
  • BYUCKSAN
  • PT. Bondor Indonesia
  • Johns Manville
  • Huntsman International LLC
  • Superglass Insulation Ltd.
  • GAF
  • Ursa
  • Reciticel Group
  • Luyang Energy-saving Materials Co., Ltd.
  • U.P. Twiga Fiberglass Limited
  • ROCKWOOL International A/S


Browse In-depth Summary of This Research Report:
https://www.fortunebusinessinsights.com/insulation-market-102423


Asia Pacific to Emerge Dominant Attributable to Government-supported Sustainable Infrastructural Development

Geographically, Asia Pacific is holding the largest insulation market share on account of the swift development of economic powerhouses that emphasizes strongly on energy-saving solutions for infrastructural development, supported by regional governments. On the other side, the markets in Europe and North America will witness significant growth in the forecast period. In 2018, North America generated a revenue of USD 12.08 billion. According to a lead analyst at Fortune Business Insights™, “This growth is attributed to the increasing awareness about advantages of insulation and rise in need for Zero-energy-buildings policies set as environmental regulations.”

Competitive Landscape:

Collaborative Efforts and Acquisitions to Intensify Market Competition

The competitive landscape of the market is consolidated in nature with the presence of the top ten companies. Significant insulation market manufacturers are emphasizing on expansion of regional boundaries for gaining a competitive edge in the market. Additionally, companies are also entering into strategic collaborations such as partnerships, mergers and acquisitions, contracts and agreements, joint ventures, and others. The primary objective of companies is to produce insulation systems with the help of advanced technologies and materials. Players are also trying to focus on technology up-gradation, improving operational efficiency, and are therefore making considerable investments in research and development of advanced insulation products.


Quick Buy - Insulation Market Research Report:
https://www.fortunebusinessinsights.com/checkout-page/102423


Detailed Table of Content:

  • Introduction
    • Research Scope
    • Market Segmentation
    • Research Methodology
    • Definitions and Assumptions
  • Executive Summary
  • Market Dynamics
    • Market Drivers
    • Market Restraints
    • Market Opportunities
  • Key Insights
    • Key Emerging Trends – For Major Countries
    • Key Developments: Mergers, Acquisition, Partnership, etc.
    • Latest Technological Advancement
    • Insights on Regulatory Scenario
    • Porters Five Forces Analysis
  • Global Insulation Market Analysis, Insights and Forecast, 2015-2026
    • Key Findings / Summary
    • Market Analysis, Insights and Forecast – By Material
      • Mineral Wool
        • Glass Wool
        • Stone Wool
      • Foamed Plastics
        • Expanded Polystyrene (EPS)
        • Extruded Polystyrene (XPS)
        • Polyurethane (PU)
        • Polyisocyanurate (PIR)
        • Others
      • Cellulose
      • Aerogels
      • Others
    • Market Analysis, Insights and Forecast – By Application
      • HVAC & OEM
      • Transportation
      • Packaging
      • Building & Construction
      • Others
    • Market Analysis, Insights and Forecast – By Region
      • North America
      • Europe
      • Asia pacific
      • South America
      • Middle East & Africa

TOC Continued…!


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https://www.fortunebusinessinsights.com/enquiry/customization/insulation-market-102423


Significant Industry Developments of Insulation Market Include:

July 2017 – The Proudfoot Company, a pioneer in noise control products for concrete based applications situated in Connecticut, the U.S. was acquired by Sound Seal for entering new verticals of the acoustic insulation sector.

November 2019 – The manufacturing facility of Superglass located in Stirling, Scotland, was expanded for increasing the annual production capacity of glass wool insulation up to 60 KT. For this expansion, the company invested about $48 million to support the demand for insulation products across Europe.


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About Us

Fortune Business Insights™ offers expert corporate analysis and accurate data, helping organizations of all sizes make timely decisions. We tailor innovative solutions for our clients, assisting them to address challenges distinct to their businesses. Our goal is to empower our clients with holistic market intelligence, giving a granular overview of the market they are operating in.

Our reports contain a unique mix of tangible insights and qualitative analysis to help companies achieve sustainable growth. Our team of experienced analysts and consultants use industry-leading research tools and techniques to compile comprehensive market studies, interspersed with relevant data.

At Fortune Business Insights™, we aim at highlighting the most lucrative growth opportunities for our clients. We, therefore, offer recommendations, making it easier for them to navigate through technological and market-related changes. Our consulting services are designed to help organizations identify hidden opportunities and understand current competitive challenges.

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