Global Insulation Market Is Expected to Reach Us$ 64.91 Bn in 2020.Pdf

Transparency Market
Research
Insulation Market - Global Industry Analysis, Size, Share, Growth,
Trends and Forecast 2014 - 2020

Published Date
27-Feb-2015

68 Page Report

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Press Release
Global Insulation Market is expected to reach US$ 64.91 Bn in 2020: TMR

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Insulation Market

REPORT DESCRIPTION

Insulation (Fiberglass, Plastic Foam, Mineral Wool and Others) Market
for Residential Construction, Industrial, HVAC & OEM, and
Nonresidential Construction Applications - Global Industry Analysis,
Size, Share, Growth, Trends and Forecast 2014 - 2020
Transparency Market Research has published a new report titled “Insulation Market - Global
Industry Analysis, Size, Share, Growth, Trends and Forecast, 2014 - 2020”. According to the
report, the global insulation market was valued at US$ 37.87 Bn in 2013 and is anticipated to reach
US$ 64.91 Bn in 2020, expanding at a CAGR of 8.0% from 2014 to 2020.
Demand for insulation is expected to be driven by the growth of the construction industry in the
emerging economies of Asia Pacific and Row. The re-insulation market in the developed economies
of North America and Europe is also anticipated to fuel the demand. Extensive usage of depleting
resources has boosted energy prices, which in turn has created awareness for energy conservation.
Insulation helps in conserving energy and reducing utility bills.
The importance of insulation has increased significantly in the last few years due to increasing
awareness about greenhouse gas emission and global warming. Insulation is expected to help
reduce the emission of greenhouse gases and promote healthy environment conservation approach.
Technological advancements and industrial production techniques have created a demand for
insulation in factories and noncommercial spaces. Moreover, the...