Global Technical Insulation Market By Material Type and By Region - Global Forecast Report
by Oliver Smith Sr. SEO ExecutiveThe GMI Research predicts that the Technical Insulation
Market is experiencing amplification in demand over the forecast period.
This is due to the presence of rigorous norms concerned with the installation
of equipment and pipe, robust demand across the oil and gas sector, and
increasing adoption of technical insulation in energy and transportation.
Introduction of the Technical Insulation Market
Technical insulation includes materials used to restrain
heat, electricity, or sound transmission in or out of something. It is able to
cope up with the expansion, diminution, and vibration resulting from the variation
in temperature and sound.
Leading Players of the Market:
- Owens Corning
- Kingspan Group Plc
- ETEX Group
- Armacell International S.A.
- Group Recticel
- Rockwool International A/S
- Morgan Advanced Materials plc
- Zotefoams Plc
- Aspen Aerogels, Inc.
- NMC International SA
Technical Insulation Market Dynamics (including market size,
share, trends, forecast, growth, forecast, and industry analysis)
Technical insulation assists in decreasing the heat loss or
gain and the amount of energy required to sustain the equilibrium process to
save the cost and provide maximum energy savings. Swift industrialization
accompanied by the aggravating demand for the effective implementation of power
and energy throughout the world are two prominent drivers contributing to the
growth of the technical insulation market share. Moreover, the growing
consciousness concerned with the technical prevention and personal safety and
security of the equipment will further proliferate the Technical
Insulation market size. In addition, their extensive adoption by
various industries such as oil & gas, food & beverage, chemical, and
transportation owing to its beneficial features, such as helping the pipework
and tools from freezing in acute low temperatures, prevention from corrosion
due to high humidity levels and maintains temperature limits in industrial
processes for gasses and liquids has paved the way for market growth. However,
as per the technical insulation market global forecast, volatility in the
prices of raw materials and inadequate knowledge about insulation will hinder
market growth.
Technical Insulation Market Segmentation:
Segmentation
by Material Type
·
Hot Insulation
·
Fiberglass
·
Stonewool
·
Calcium Silicate
·
Microporous Insulation
·
Aerogel
·
Vacuum Insulated Panel (VIP)
·
Cold-Flexible Insulation
·
Elastomeric Foams
·
Ethylene Propylene Diene Monomer (EPDM)
·
Polyethylene (PE) & Xpe Foams
·
Polypropylene (PP)
·
Other Polyolefin (PO) & Extruded Polyolefin
(XPO)
·
Cold-Rigid Insulation
·
Polyurethane (Pu/Pur) and Polyisocyanurate (PIR)
Foam
·
Phenolic Foam
·
Expanded Polystyrene (EPS)
·
Extruded Polystyrene (XPS)
Segmentation
by Product Type
·
Flexible Foam
·
Rigid Foam
·
Man-made Mineral Fibre
Segmentation
by Application
·
Heating & Plumbing
·
HVAC
·
Refrigeration
·
Industrial Processes
·
Acoustic
Segmentation
by End-Use Industry
·
Industrial & OEM
·
Energy
·
Transportation
·
Commercial Buildings
Segmentation
by Region:
·
Asia Pacific
o
China
o
Japan
o
India
o
Rest of APAC
·
Europe
o
United Kingdom
o
Germany
o
France
o
Spain
o
Rest of Europe
·
North America
o
United States of America
o
Canada
·
RoW
o
South Africa
o
UAE
o
Brazil
o
Saudi Arabia
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Created on Aug 4th 2021 07:17. Viewed 293 times.