Market Research Future Published a Research Study on Insulation Products Market Research Report, Size, Share and Industry Analysis - Forecast to 2022
Global Insulation Products Market - Overview
The
global insulation products market is driven by the increased aesthetic
value in construction and reduced heating & cooling costs. There is
an increased usage of insulation products due to the increased energy
saving practices which have resulted in reduced greenhouse emissions.
The increased demand for insulation products is also driven by the
growing application across residential and non-residential construction.
Global
insulation products market is segmented on the basis of insulation
type, materials, application, and region. On the basis of Material used
it is segmented as Mineral Wood, Plastic foam, Fiberglass, and Others.
On the basis of Application it is segmented as Residential, Commercial,
Industrial and Others. On the basis of type it is segmented as Thermal,
Acoustic Vacuum and Others. Additionally on the basis of Region, it is
segmented as North America, Europe, APAC and Rest of the World.
Insulation,
being an important technology and its utilization in reducing energy
consumption in buildings by preventing heat gain/loss through them have
gained popularity over years, especially in emerging nations. Climatic
conditions often influence the type of insulation. There are various
materials used for insulation which have low thermal conductivity, often
less than 0.1W/mK. Polyurethane foam, mineral wool, polyethylene,
polyvinyl chloride, expanded polystyrene, and extruded polystyrene are
the various types of insulation materials. These materials have no
purpose other than to save energy and protect and provide comfort to
occupants.
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Global Insulation Products Market - Competitive Analysis
The
market is seen driven by leading players in the insulation materials
market and the players have adopted various strategies to expand market
share. The market is expected to gain popularity and thus lot of small
and medium sized firms are seen entering the market. Furthermore the
collaboration with various new technology concepts of smart building and
green building have induced the market growth.
ecoSPEARS
announced today that it received an exclusive license from NASA to use
their Sorbent Polymer Extraction and Remediation System (SPEARS) to
permanently clean up the world’s most pervasive and persistent toxins,
including polychlorinated biphenyls (PCBs), from water and land.
Developed in 1929, PCBs were widely used across the world as a flame
retardant in everyday goods, including in the insulating material in
electrical equipment such as transformers and capacitors, and also in
heat transfer fluids and lubricants.
Mitsubishi Electric
Corporation announced that it would launch a new integrated Station
Energy Saving Inverter (S-EIV) with 400V AC-output for converting
surplus regenerative energy from train braking into AC electricity for
station facilities. The new 400V AC S-EIV facilitates easy installations
and more energy-efficient operations, even at train stations with
high-load demands of 400V power distribution circuits. The company also
announced that the new S-EIV will be installed at Tokyo Metro Co. Ltd.
train stations serving urban Tokyo. The new S-EIV offers 400V AC-output
with the same dimensions as its 200V AC predecessor. Also, its new
multifunctional step-up transformer acts as a filter reactor to reduce
harmonics in AC output. Front access for easy cabling and maintenance
enables diverse installation options.
BASF and SoloPower Systems, a
photovoltaic technology company, today officially launched the seamless
and multi-layered roofing system that is an interface between a
building and the environment. The development of the multi-layered
system promises considerable opportunities for cost-effective energy
generation and energy saving. It combines energy efficiency, power
generation, waterproofing and water harvesting, which adds proven value
to the bottom line of manufacturing, industrial and commercial
businesses.
Global Insulation Products Market - Regional Analysis
The
North American region leads with highest share in the building thermal
insulation market in 2016, in terms of value. The increased concerns
over improving efficiency in buildings and the growing demand for green
buildings have driven the demand for building thermal insulation in the
region. Furthermore the growth in private construction in the US due to
the demand for single-family homes is another factor that drives the
demand for building thermal insulation material.
The strict
building codes and regulations in Europe and North America, along with
the popularity of Nearly Zero Energy Buildings (NZEB) globally, drive
the demand for insulation products market.
However major
investment in Insulation Products market is seen in APAC countries. The
region is expected to witness staggering growth in the forecast period.
The governments are seen promoting the concept and also offer
flourishing markets to the international companies to push the market.
The region is seen investing in construction industry along with
technology and material to enhance the solutions in the industry. This
is expected to drive the fast growth in the region.
Browse Key Industry insights spread across 140 pages with 41 market data tables & 20 figures & charts from the Report, “Insulation
products Market Information by Insulation Type (Thermal, Acoustic
Vacuum and Others), by Materials (Mineral Wood, Plastic foam,
Fiberglass, and Others) by Application (Residential, Commercial,
Industrial and Others) and by Region - Forecast to 2022” in detail along with the table of contents@ https://www.marketresearchfuture.com/reports/insulation-products-market-1881
Global Insulation Products Market - Segments
Global Insulation Products Market is segmented in to 4 Key dynamics for an easy grasp and enhanced understanding.
Segmentation By Insulation Type : Comprises – Thermal, Acoustic Vacuum and Others
Segmentation By Material : Comprises – Mineral Wood, Plastic foam, Fiberglass, and Others
Segmentation By Application : Comprises – Residential, Commercial, Industrial and Others
Segmentation By Regions : Comprises Geographical regions - North America, Europe, APAC and Rest of the World
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