Scienza e Tecnologia
OEM Insulation Market worth $40.8 billion by 2026 - Exclusive Report by MarketsandMarkets™
https://www.marketsandmarkets.com/Market-Reports/oem-insulation-market-161776724.html
By material type, the mineral wool segment accounted for the largest share in the overall OEM insulation market. Minera wool finds high demand in building & construction segment and this growth can be attributed to the increasing population, expanding building insulation market, need for energy efficient equipment, rising environmental awareness, and need for cost savings. Mineral wool is non-combustible, has higher density and R-value, and also provides good acoustic properties which makes it a preferable choice in building & construction end use.
By end use, the building & construction segment is expected to lead the overall OEM insulation market in 2021. Increasing investments and construction of commercial offices, warehouses, data centers, and SEZs are the key drivers which are driving the demand for HVAC equipment in the building & construction segment. OEM insulation is preferred in building & construction end use as it provides low thermal conductivity, energy saving ability, sound control, reduction in greenhouse gas emission, and results into cost saving. OEM insulation finds applications in doors, walls, ceilings, panels, and floors in commercial buildings.
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In 2021, Europe is estimated to account for the largest share in the OEM insulation market, while Asia Pacific is projected to register the highest CAGR of 6.2% between 2021 and 2026. Although there is a decline in the Asia Pacific market in 2020 due to the COVID-19 impact, the market is expected to grow at a moderate rate during the forecast period. This growth can be attributed to the increasing demand in mineral wool and PUF in countries, such as China , South Korea , India , Japan , Vietnam , and Australia .
Covestro AG ( Germany ), Owens Corning Corp. (US), Rockwool International A/S ( Denmark ), Saint-Gobain ISOVER ( France ), Knauf Insulation (US), Huntsman Corporation (US), Armacell International S.A. ( Luxembourg ), Aspen Aerogels Inc. (US), Johns Manville Corporation (US), Kingspan Group ( Ireland ), China Jushi Co. Ltd. ( China ), and Rogers Corporation (US) are the key players in the market.
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Foam and Insulation Market Research Reports & Consulting
by Product Type (Flexible, Rigid, MMF), Application (Heating & Plumbing, HVAC, Refrigeration, Industrial Process, Acoustic), End-use (Industrial & OEM, Energy, Transportation, Commercial), and Region - Global Forecast to 2024
https://www.marketsandmarkets.com/Market-Reports/technical-insulation-market-80630490.html
by Type (Glass Wool, Stone Wool , Phenolic Foam, Elastomeric Foam and Others), Application (Residential, Commercial, Industrial) & by Region - Global Trends and Forecast to 2021
https://www.marketsandmarkets.com/Market-Reports/hvac-insulation-market-75521260.html
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