Global Insulation Market: Manufacturers Focus on Product Development Owing to Demand for Innovative Materials

Transparency Market

Research

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

Published Date

27-Feb-2015

68 Page Report

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Press Release

Global Insulation Market: Manufacturers Focus on Product

Development Owing to Demand for Innovative Materials,

finds TMR

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Insulation Market

REPORT DESCRIPTION

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

The global insulation market is moderately concentrated as a sizeable share is held by the leading companies

operating in the market, states Transparency Market Research (TMR). However, the presence of regional

players has strengthened the competition in the market and is likely to intensify over the forthcoming years.

The key companies operating in the market are Atlas Roofing Corporation, Duro-Last Roofing Inc., CertainTeed

Corporation, The Dow Chemical Company, Huntsman International LLC, Johns Manville, Owens Corning, and

ROCKWOOL International A/S among others. To surge ahead of their competitors, manufacturers are focusing

on developing high-end products through an environment-friendly manufacturing process.

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The global insulation market is expected to exhibit strong growth during the forecast period. The market was

worth US$44.3 bn in 2015 and is estimated to touch a valuation of US$64.9 bn by the end of 2020. In terms of

application, residential construction emerged as the dominant segment and is likely to account for an estimated

share of 50.5% in 2020. With...