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Insulation Market Likely To Reach A Valuation Of Around USD 101.32 Billion By 2025

Growing usage of insulation solutions in non-residential and residential applications, owing to rising importance of energy conservation and increasing energy costs, is a major trend observed in the global insulation market.<br>

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Insulation Market Likely To Reach A Valuation Of Around USD 101.32 Billion By 2025

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  1. Insulation Market Size Worth $101.32 Billion By 2025 | CAGR: 8.6% | Grand View Research, Inc “Growing usage of insulation solutions in non-residential and residential applications, owing to rising importance of energy conservation and increasing energy costs, is a major trend observed in the global insulation market.” The global insulation market size is expected to be valued at USD 101.32 billion by 2025, according to a new report by Grand View Research, Inc., recording an 8.6% CAGR during the forecast period. Increasing energy costs have resulted in greater operational expenses across a majority of industries. As a result, companies worldwide are actively inclined toward employing acoustic and thermal insulation technologies to challenge rapidly increasing costs. High rate of industrialization and rapid urbanization in emerging markets of China and India, along with Philippines, Malaysia, Thailand, and Indonesia, have driven the need for quality infrastructure. Increasing construction spending to improve residential, public, and industrial infrastructure in Asia Pacific, coupled with energy conservation initiatives, is expected to drive regional demand for insulation over the forecast period. Rising demand for wall and blanket insulation in residential, commercial, and industrial buildings is also expected to boost market growth over the forecast period. Major companies are adopting insulation in order to reduce their operational costs by limiting energy utilization. Increasing presence of manufacturing companies in various countries across the world, including China, India, Brazil, and Mexico, is expected to drive demand for insulation materials in industrial buildings. Follow Us:

  2. Since 2010, China has witnessed the enforcement of various energy saving regulations, thus contributing to a significant rise in product demand. According to these regulations, it is imperative for all buildings constructed in the country to obtain a Building Energy Efficiency Certificate (BEEC). In order to comply with prescribed energy saving guidelines, insulation materials are used in buildings as they result in energy savings. Such trends have benefitted the China market in the recent past and are likely to continue doing so over the forecast period. To request a sample copy or view summary of this report, click the link below: www.grandviewresearch.com/industry-analysis/insulation-market Further key findings from the study suggest: • The global insulation demand is expected to reach 76,759.5 kilotons by 2025, ascending at a CAGR of 8.2% from 2018 to 2025 • The North America market is expected to progress at a volume-based CAGR of 8.3% from 2018 to 2025. Growing auto industry in Mexico, coupled with recovering construction industry in U.S., is contributing to regional market growth • The industrial, HVAC & OEM segment is likely to expand at a CAGR of 8.9% over the forecast period in terms of revenue Follow Us:

  3. • Various government initiatives, such as Affordable Housing Institute (AHI) and Energy Performance of Buildings Directive (EPBD), are likely to support the residential insulation market over the forecast period. View more reports of this category by Grand View Research at www.grandviewresearch.com/industry/hvac-and-construction-technologies Grand View Research has segmented the global insulation market on the basis of product, application, and region: Insulation Product Outlook (Volume, Kilotons; Revenue, USD Million, 2014 - 2025) • Glass Wool oGlass Wool by Application • Mineral Wool oMineral Wool by Application • EPS oEPS by Application • XPS oXPS by Application • Others oOthers by Application Insulation Application Outlook (Volume, Kilotons; Revenue, USD Million, 2014 - 2025) • Residential Construction • Non-residential Construction • Industrial, HVAC & OEM Insulation Regional Outlook (Volume, Kilotons; Revenue, USD Million, 2014 - 2025) • North America Follow Us:

  4. oU.S oCanada oMexico • Europe oGermany oU.K. oFrance • Asia Pacific oChina oJapan oIndia • Middle East and Africa • Central & South America Browse Press Release of this Report: www.grandviewresearch.com/press-release/global-insulation-market About Grand View Research Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare. Contact: Sherry James Corporate Sales Specialist, USA Grand View Research, Inc Follow Us:

  5. Phone: 1-415- 349-0058 Toll Free: 1-888- 202-9519 Email:sales@grandviewresearch.com For More Information:http://www.grandviewresearch.com Follow Us:

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