Global Insulation Market Is Expecting To Growth At an Estimated CAGR Of 7.9% From 2014 To 2020: Grand View Research, Inc. - PowerPoint PPT Presentation

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Global Insulation Market Is Expecting To Growth At an Estimated CAGR Of 7.9% From 2014 To 2020: Grand View Research, Inc.

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Growing awareness towards building energy efficient homes especially in Asia Pacific and Latin American countries coupled with growth in global construction market is expected to remain a key driving factor for the market over the forecast period. – PowerPoint PPT presentation

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Updated: 4 November 2014
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Title: Global Insulation Market Is Expecting To Growth At an Estimated CAGR Of 7.9% From 2014 To 2020: Grand View Research, Inc.


1
Global Insulation Market Expected to Reach USD
67.16 Billion by 2020 Grand View Research, Inc
  • Grand View Research has announced the addition of
    "Global Insulation Market Analysis And Segment
    Forecasts To 2020" Market Research report to
    their Database

2
  • The global market for insulation
    (http//www.grandviewresearch.com/industry-analysi
    s/insulation-market) is expected to reach USD
    67.16 billion by 2020, according to a new study
    by Grand View Research, Inc. Growing awareness
    towards building energy efficient homes
    especially in Asia Pacific and Latin American
    countries coupled with growth in global
    construction market is expected to remain a key
    driving factor for the market over the forecast
    period. However, volatile pricing nature of key
    raw material is expected to hamper the market
    growth over the next six years.
  • Fibre glass emerged as the leading product
    segment and accounted for 43.9 of total market
    revenue in 2013. Fibre glass along with being the
    largest segment is also expected to be the
    fastest growing insulation product at an
    estimated CAGR of 9.1 from 2014 to 2020. Fibre
    glass was closely followed by foamed plastic,
    with market revenue estimated to reach USD 26.96
    billion by 2020.
  • The report Insulation Market By Product
    (Fibreglass, Foamed Plastic, Mineral Wool), By
    Application (Residential Buildings,
    Non-Residential Buildings, Industrial, HVAC
    OEM) And Segment Forecasts To 2020, is available
    now to Grand View Research customers and can also
    be purchased directly at http//www.grandviewresea
    rch.com/industry-analysis/insulation-market

3
  • Further key findings from the study suggest
  •  
  • With increasing awareness for energy
    efficient homes, applications in residential
    construction emerged as the most dominant segment
    and accounted for over 50 of total market
    revenue in 2013. In addition to being the largest
    application, residential construction is also
    expected to be the fastest growing application
    segment, at an estimated CAGR of 10 from 2014 to
    2020. Global demand for insulation products in
    non-residential applications is expected to
    exceed USD 16 billion by 2020, growing at an
    estimated CAGR of 7.9 from 2014 to 2020. Asia
    Pacific emerged as the leading the regional
    market for insulation and accounted for 41.8 of
    total revenue in 2013. Emerging real estate
    scenario in this region has been contributing to
    the growth of this market. On account of the
    above mentioned factors, Asia Pacific is expected
    to be the fastest growing regional market for
    insulation at an estimated CAGR of 9.4 from 2014
    to 2020. North America and Europe on the other
    hand, are fairly mature markets for insulation
    and are expected to grow below global industry
    growth rates over the forecast period. North
    American market for insulation is expected to
    exceed USD 13 billion by 2020 at an estimated
    CAGR of 8.1 from 2014 to 2020. Some of the
    leading companies operating in the global market
    for insulation include Owen Cornings Corp,
    Berkshire-Hathaway, Saint Gobain, Certain Teed,
    Bayer Material Science, Rockwool International,
    BASF and Huntsman Corporation among some other
    companies.
  • For More http//www.grandviewresearch.com/industry
    -analysis/insulation-market

4
  • Request free sample of this Report _at_
    http//www.grandviewresearch.com/industry-analysis
    /insulation-market/request
  • For the purpose of this study, Grand View
    Research has segmented the insulation market on
    the basis of product, application and region
  • Global Insulation Product Outlook (Market
    Revenue, USD Million, 2012 - 2020)            
    Fiberglass             Foamed Plastic         
       Mineral Wool             Others
  • Global Insulation Application Outlook (Market
    Revenue, USD Million, 2012 - 2020)            
    Residential Buildings            
    Non-Residential Buildings            
    Industrial, HVAC OEM.
  • Insulation Regional Outlook (Market Revenue,
    USD Million, 2012 - 2020)             North
    America             Europe             Asia
    Pacific             RoW
  • Browse All Reports of this category
    http//www.grandviewresearch.com/industry/specialt
    y-glass-ceramic-and-fiber
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5
  • About Grand View Research
  • Grand View Research, Inc. is a market research
    and consulting company that provides
    off-the-shelf, 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
    energy. With a deep-seated understanding of
    varied business environments, Grand View Research
    provides strategic objective insights. For more
    information, visit http//www.grandviewresearch.co
    m/
  •  
  •  
  •  Contact
  • Sherry James
  • Corporate Sales Specialist, USA
  • Grand View Research, Inc
  • Phone 1-415-349-0058
  •  
  • Email sales_at_grandviewresearch.com
  •  
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