Insulation Market Industry Overview, Trends and Growth Opportunities Forecasted till 2022


Posted October 11, 2018 by Marketresearchfuture

Insulation Market Industry Overview, Trends and Growth Opportunities Forecasted till 2022

FOR IMMEDIATE RELEASE

October 11, 2018 — Global Insulation Market - Overview

The global insulation material market is expected to witness moderate growth over the forecast period. The growth of building insulation material market is influenced by increased consumption in Asia, increasing FDI in construction, supportive government regulations on building insulations, and supportive government regulations & initiatives to promote construction. Fluctuation in raw material prices and unavailability of skilled labor hinder the growth of the market.

Market Research Future published a half cooked research report on “Global Insulation Market Research Report - Forecast to 2022” – Market Analysis, Scope, Stake, Progress, Trends and Forecast to 2022.

Huntsman Corporation, Knauf Gips, Owens Corning, CertainTeed Corporation, Johns Manville, Bayer AG, Atlas Roofing Corporation, Dow Building Solutions, Nova Chemicals Corporation, GAF Materials and others are some of the prominent players at the forefront of competition in the global Insulation market and are profiled in MRFR Analysis.
Fill the form for an Exclusive Sample of this [email protected] https://www.marketresearchfuture.com/sample_request/1654

The rise in FDI inflows was more prominent in developed economies, which received USD 962 billion in 2015, i.e. 84% more than in 2014. The Asia-Pacific region continued to receive a significant amount of FDI inflows, totaling USD 559 billion in 2015, an increase of 5.6% over 2014 level. The FDI inflows in construction in Asia-pacific region has led to increased construction projects and real-estate development. This would induce the demand for insulation in the construction scto in Asia Pacific region.

There are various organizations and departments across the globe that govern the application of insulation in the construction. This induces the market of building insulation material on a global level. In the U.S., bodies such as The American Society of Heating, Refrigerating, and Air-Conditioning Engineers (ASHRAE) Standard 90.1 Energy Standard for Buildings Except Low-Rise Residential Buildings provides minimum requirements for the energy-efficient design of commercial and high-rise residential buildings. ASHRAE 90.12 is a consensus standard that provides minimum requirements for the design of energy-efficient buildings. Such regulations has spiked the demand for building insulation material across the globe.

Insulation acts as a barrier to heat loss and heat gain, particularly in roofs, ceilings, walls and floors. Insulation in any building provides resistance to heat flow and lowers the heating and cooling costs. In addition, insulation may reduce condensation in the home. This can provide health benefits by reducing mould and damp. This would drive the market for insulation.

Access Sample Report @ https://www.marketresearchfuture.com/reports/insulation-market-1654

Global Insulation Market - Competitive Analysis

The key players adopted various strategies to retain and/or expand their market share. The key strategies followed by most companies within the global building insulation material market were expansion followed by the product development. Extensive growth in building insulation material market has brought to light that companies are investing heavily in expanding its presence across borders. The increasing demand and private construction has led to investment by manufacturers to expand the market share and brand name. Thus the next strategy followed by the companies is product development. It is a key strategy adopted to expand their product portfolio and meet expanding customer base. The market is governed by favourable government regulations pushing the use of insulation in the construction to balance the energy conservation.

BASF has resorted to securing its position in Europe market remains as one of the key strategies along with its expansion plans in North America, Asia, South America, Eastern Europe, and the Middle East.
On the other hand, Owens also believe that the geographic, product and channel mix of their portfolio may continue to moderate the impact of any demand-driven variability associated with United States new construction. Furthermore increasing R&D expenses since FY2014 shows the focus of the company on the product development and innovation. It made an expenditure of USD 82 million in FY2016 as compared to USD 73 million in FY2015 in R&D.

Paroc Group has made various capital investments for the financial period 2016 in order to upgrade the capacity and expand the Polish factory that was completed in 2016. Furthermore investments were also made on new packing end equipment for Lithuanian factory.

Key Players:

 Huntsman Corporation
 Knauf Gips
 Owens Corning
 CertainTeed Corporation
 Johns Manville
 Bayer AG
 Atlas Roofing Corporation
 Dow Building Solutions
 Nova Chemicals Corporation,
 GAF Materials

Global Insulation Market - Segments

Global Insulation Market is segmented in to 3 Key dynamics for an easy grasp and enhanced understanding.

Segmentation by Material: Comprises – Fiberglass, Plastic fibers, Mineral Wool, Natural fibers and others

Segmentation by Application: Comprises – Residential, and Non-residential

Segmentation by Regions: Comprises Geographical regions - North America, Europe, APAC and Rest of the World

Global Insulation Market - Regional Analysis

North America is the second largest region for the building insulation material market. The North America building insulation material market is driven by various factors such as consumer preference for green buildings and sustained investments in commercial real estate. In North America, U.S. is the largest market for the modular construction. It accounted for the largest market share in 2016. In the past few years, the annual value of construction in U.S. had been increasing continuously. Strong development in commercial and residential structures in the U.S., is projected to fuel the demand for insulation in the construction market in the region.

Enquiry before Buying @ https://www.marketresearchfuture.com/enquiry/1654

About Market Research Future:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by Components, Application, Logistics and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.

Contact:

Market Research Future
Office No. 524/528, Amanora Chambers
Magarpatta Road, Hadapsar
Pune - 411028
Maharashtra, India
+1 646 845 9312
Email: [email protected]
-- end ---
Contact Email [email protected]
Issued By MARKET RESEARCH FUTURE
Phone +916468459312
Business Address WantStats Research and Media Pvt. Ltd. Office No. 528, Amanora Chambers Pune - 411028 Maharashtra, India
Pune
Country India
Categories Business , Construction
Tags Insulation Market
Last Updated October 11, 2018

Latest News on October 18, 2018

The Recording Booth is a television show streaming in the New Music Television and many other streaming platforms. This show has now signed a major distribution deal with many upcoming artists.
Kelly Hyman, who regularly work to promote women working in the male-dominating law industry, will be co-hosting the event and speaking on “Powerful Engagement using the techniques of Improv, Voice, and Body” on Oct. 27.
Investing in the solar power system can not only help you save money on the electricity bill, but you can avail the Feed-in-Tariff too.
Global Microgrid Market Information, by End-User (Industrial, Education, Healthcare, Military & Defense, Electric Utility), by Type (Off Grid, Hybrid Grid, Smart Grid) - Forecast 2022
Market research future has a Prime Research Report on “Global Hepatitis C Drugs Market” The global market for Hepatitis C Drugs Market is Growing Continuously and Expected to Grow at a CAGR of 3.7% from 2018 to 2022