Jalandhar Online

Active Insulation Market Size To Hit $401.9 Million By 2027 Due To Increasing Demand For Effective Insulation To Maintain An Internal Temperature in Buildings | Million Insights

 Breaking News
  • No posts were found

Active Insulation Market Size To Hit $401.9 Million By 2027 Due To Increasing Demand For Effective Insulation To Maintain An Internal Temperature in Buildings | Million Insights

April 26
08:40 2021
Active Insulation Market Size To Hit $401.9 Million By 2027 Due To Increasing Demand For Effective Insulation To Maintain An Internal Temperature in Buildings | Million Insights

Million Insights – World’s Fastest Growing Market Research Database
According to new report available with Million Insights, the global active insulation industry report provides a detailed evaluation of the industry by highlighting information on different aspects which include drivers, restraints, growth opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.

The global Active Insulation Market is projected to reach USD 401.9 million by 2027, and is projected to grow at a CAGR of 5.9% from 2020 to 2027, according to a new report by Million Insights. Growing demand for insulation material to maintain the internal temperature in a building structure is a key factor to drive the market growth over the forecast period. In addition, growing re-insulation in under-insulated houses in order to save energy are expected to drive market growth.

The Increasing popularity of outdoor activities like sports, yoga, workouts and cycling are expected to surge the demand for sportswear and active wear, which, in turn, support the market growth. Easy availability of active insulating materials coupled with properties such as quick-drying, stretching, and shrinking are expected to drive the market growth.

To download the sample pdf of Active Insulation Market Report “Please” click here: https://www.millioninsights.com/industry-reports/global-active-insulation-market/request-sample

U.S. active insulation market

Rising consumer awareness regarding the benefits of building insulation and growing energy costs are expected to fuel the active insulation market growth in the near future. The application of building insulation products is expected to gain traction due to their properties such as recycle property, fireproof, and easy installation.

In 2019, Europe accounted for the largest market share of more than 33% in terms of volume. Favorable government norms that are supporting to use active insulation in building structure is a key factor for regional market growth. Growing production of active wear and sportswear in countries such as India and China is expected to drive the market growth in Asia Pacific during the forecast period.

To browse report summary & detailed TOC, “please” click the link below:
https://www.millioninsights.com/industry-reports/global-active-insulation-market

Global active insulation market

Further key findings from the report suggest:

• Glass wool product for construction and building application is projected to grow with the CAGR of 5.1% during the forecast period due to its superior insulation property coupled with ease of application in construction industry.

• In 2019, polyester segment accounted for the largest market share in textile category and was valued at 63.4 million by the end of projected year, 2027 due to its non-rich, non-allergic, and moisture handling properties.

• In building and construction application, in 2019, the EPS sub segment accounted revenue of 56.7 million and expected to witness substantial growth from 2020 to 2027.

• In sportswear application, the U.S. market was valued USD 7.1 million, in 2019 and projected to witness noticeable growth during the forecast period.

• Market players such as Economical Building Systems, Polartec; and PrimaLoft, Inc. are dominated the active insulation market and accounted for more than 65%, in 2019.

Million Insights segmented the global active insulation market on the basis of active insulation product, application, and region:

Active Insulation Product Outlook (Volume, Tons; Revenue, USD Million, 2016 – 2027)
    • Textile
        • Polyester
        • Cotton
        • Wool
        • Nylon
    • Building & Construction
        • Glass wool
        • Mineral wool
        • EPS
        • Others

Active Insulation Application Outlook (Volume, Tons; Revenue, USD Million, 2016 – 2027)
    • Textile
        • Activewear
        • Sportswear
        • Others
    • Building & Construction
        • Residential
        • Commercial

Active Insulation Regional Outlook (Volume, Tons; Revenue, USD Million, 2016 – 2027)
    • North America
        • U.S.
    • Europe
        • U.K.
        • Germany
        • France
    • Asia Pacific
        • China
        • India
        • Japan
    • Central & South America
    • MEA

Read the Latest Press Releases by Million Insights:

• Pre-engineered Building Market: The global pre-engineered building market size is projected to reach USD 30.79 billion by 2025 with a CAGR of 15.5%. Rising technological developments in the construction industry and growing urbanization & industrialization in the developing economies such as China, Brazil and India are expected to drive the demand for the market.

• Plant Genotyping Equipment Market: The global plant genotyping equipment market size is anticipated to value USD 895.45 million until 2025. It is also expected to register a CAGR of 9.6% over the forecasted years, 2018 to 2025. The increasing need for identifying, assessing and validating genetic markers of plants to gain higher yield from them is driving the market growth for plant genotyping equipments.

 About Million Insights

Million Insights, is a distributor of market research reports, published by premium publishers only. We have a comprehensive market place that will enable you to compare data points, before you make a purchase. Enabling informed buying is our motto and we strive hard to ensure that our clients get to browse through multiple samples, prior to an investment. Service flexibility & the fastest response time are two pillars, on which our business model is founded. Our market research report store, includes in-depth reports, from across various industry verticals, such as healthcare, technology, chemicals, food & beverages, consumer goods, material science & automotive.

Media Contact
Company Name: Million Insights
Contact Person: Ryan Manuel
Email: Send Email
Phone: 91-20-65300184
Address:Office No. 302, 3rd Floor, Manikchand Galleria, Model Colony, Shivaji Nagar
City: Pune
State: Maharashtra
Country: India
Website: https://www.millioninsights.com/industry-reports/global-active-insulation-market

Categories