Home Press Releases Active Insulation Market Size Worth $371.40 Million By 2030 | CAGR: 6.1%

Active Insulation Market Size Worth $371.40 Million By 2030 | CAGR: 6.1%

The global active insulation market size is expected to reach USD 371.40 million by 2030, according to a new study by Polaris Market Research. The report “Active Insulation Market Share, Size, Trends, Industry Analysis Report, By Material (Polyester, Cotton, Wool, Nylon, Glass Wool, Mineral Wool, EPS, Others); By Application; By Region; Segment Forecast, 2022 – 2030” gives a detailed insight into current market dynamics and provides analysis on future market growth.

 

Active insulation is adopted in the construction and building industry due to its various benefits. In the winter, insulating materials keep rooms warmer, while in the summer, it keeps air-conditioned interiors cooler. Minimizing thermal energy transfer improves the ambiance of space and is also essential for controlling energy costs.

 

Because of the increased interest in green building, the growing penetration in the building & construction sector is expanding globally. At the time, existing infrastructure is being discovered to have a lot of potential for incorporating smart and green features; hence the demand for the product is expanding. Thus, the rising demand for efficient insulating materials to maintain the temperature in all seasons is driving the growth.

 

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The increased demand for polyester, cotton, wool, nylon, glass wool, and mineral from the applications industry, such as the textile and building industry, will be expected to impact positively. This factor is anticipated in the forecast period to drive growth. Polyester is used majorly across the applications due to its demand is predicted to be supported by strong performance, optimal skin compatibility, and reasonable pricing over the projection period.

 

Active Insulation Market Report Highlights

  • The Expanded Polystyrene (EPS) material segment is anticipated to witness significant growth over the forecast period owing to the high thermal insulating capabilities, lightweight, and easy installation in the design of structures
  • Polyester accounted for a major revenue share which is accelerated by the emerging demand for textiles and building applications due to polyester’s quick-drying qualities, as well as its resilience to stretching and shrinking
  • Building & construction sector is expected to hold a significant revenue share over the forecast period due to the rapidly rising urbanization has increased the construction, which has led to an increase in the demand for the materials
  • North America is expected to grow at a CAGR of 6.2% over the projected period. A major aspect boosting regional product demand will be the rising government and regulatory attention on green buildings.
  • The global market is highly competitive owing to the existence of large industry players with a global presence including Armacell International S.A., Knauf Gips KG, Neo Thermal Insulation (India) Pvt. Ltd., and Polybond Insulation Pvt Ltd.

 

Polaris Market Research has segmented the active insulation market report based on material, application, and region:

 

Active Insulation, Material Outlook (Revenue – USD Billion, 2018 – 2030)

  • Polyester
  • Cotton
  • Wool
  • Nylon
  • Glass wool
  • Mineral wool
  • EPS
  • Others

Active Insulation, Application Outlook (Revenue – USD Billion, 2018 – 2030)

  • Textile
    • Activewear
    • Sportswear
    • Others
  • Building & Construction
    • Residential
    • Commercial

Active Insulation, Regional Outlook (Revenue – USD Billion, 2018 – 2030)

  • North America
    • U.S
    • Canada
  • Europe
    • Germany
    • UK
    • France
    • Italy
    • Spain
    • Russia
    • Netherlands
  • Asia Pacific
    • China
    • India
    • Japan
    • South Korea
    • Indonesia
    • Malaysia
  • Latin America
    • Argentina
    • Brazil
    • Mexico
  • Middle East & Africa
    • UAE
    • Saudi Arabia
    • Israel
    • South Africa

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