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GlobalÂ insulation marketÂ is projected to reach $101.3 billion by 2025. Growth in the demand for insulation in residential and non-residential applications owing to the growing importance for energy conservation and rising energy costs are expected to trigger the growth of the market during the forecast period.
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Global Insulation Market Size, Share, Development, Growth, and Demand Forecast - 2023 The insulation market has been segmented into glass wool, mineral wool, expanded polystyrene (EPS), extruded polystyrene (XPS), and others.
Global insulation market is projected to reach $101.3 billion by 2025. Growth in the demand for insulation in residential and non-residential applications owing to the growing importance for energy conservation and rising energy costs are expected to trigger the growth of the market during the forecast period. Government initiatives to promote energy efficiency and sustainable development through insulating technologies are expected to further propel the insulation market growth. Request to Get the Sample Report: https://www.psmarketresearch.com/market- analysis/insulation-market/report-sample On the basis of product, the insulation market has been segmented into glass wool, mineral wool, expanded polystyrene (EPS), extruded polystyrene (XPS), and others. Glass wool and EPS are estimated to hold more than 50% share in the market in 2017. On the basis of application, global insulation market has been segmented into residential construction, non-residential construction, industrial, heating, ventilation, and air conditioning (HVAC) & original equipment manufacturer (OEM). Europe is estimated to hold the largest share in the insulation market, with more than 25.0% revenue contribution in 2017. The high demand for insulating materials from residential buildings is expected to drive the European insulation market growth during the forecast period. Access Report Summary at: https://www.psmarketresearch.com/market- analysis/insulation-market Some of the major players operating in the global insulation industry are GAF Materials Corporation, Guardian Building Products Inc., Huntsman Corporation, Johns Manville, Cellofoam North America Inc., CertainTeed Corporation, ROCKWOOL International A/S, Dow Building Solutions, Owens Corning, Atlas Roofing Corporation, Saint-Gobain S.A., Byucksan Corporation, and Kingspan Group. About P&S Market Research P&S Market Research is a market research company, which offers market research and consulting services for various geographies around the globe. We provide market research reports, industry forecasting reports, business intelligence, and research based consulting services across different industry/business verticals. As one of the top growing market research agency, we’re keen upon providing market landscape and accurate forecasting. Our analysts and consultants are proficient with business intelligence and market analysis, through their interaction with leading companies of the concerned domain. We help our clients with B2B market research and assist them in identifying various windows of opportunity, and framing informed and customized business expansion strategies in different regions.
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