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Thin Insulation Market worth 2.12 Billion USD by 2021


(, February 05, 2020 ) The report "Thin Insulation Market by Type (Sheets & Films, Vacuum Insulation Panels, Coatings), Material (Metals, Aersgels, Silica), Application (Building Thermal Insulation, Pipe Coating Insulation, Thermal Packaging), and by Region - Global Trends to 2021", The global thin insulation market is estimated to reach USD 2.12 Billion by 2021 and is projected to register a CAGR of 5.8% during the forecast period. This growth is fueled by the high growth potential from the building thermal insulation application due to increasing infrastructure development activities in North America and Asia-Pacific.

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Plastic foams is the largest type of thin insulation

Plastic foams such as EPS, XPS, polyurethane foams, polyisocyanurate insulation, phenolic foams, polytetrafluoroethylene, and polyimide are widely used in the different applications of thin insulation. These are predominantly used in the oil & gas, construction, and automotive end-use industries due to their excellent thermal resistivity. These foams in particular have become the preferred choice for 10mm to 20mm thickness, solving the space and reliability issues in the construction industry. Thus, the increasing use of these foams in oil & gas and automotive end-use industries is expected to drive the thin insulation market during the forecast period.

Building thermal insulation is the largest application of thin insulation

Thin insulation is widely used in the building thermal insulation application for its thermal resistance or R-value, as higher the R-value, higher will be the heat resistance and lesser heat will flow. In buildings that have thin walls or timber constructions, the impact of additional insulation is significant in. In addition, thin insulation is used in the automotive industry to prevent heat and sound transfer in the vehicle and improve braking performance, which is expected to drive the thin insulation market.

Don't miss out on business opportunities in Thin Insulation Market. Speak to Our Analyst and gain crucial industry insights that will help your business grow.

Browse in-depth TOC on "Thin Insulation Market”
112 - Market Data Tables
55 - Figures
163 - Pages

Asia-Pacific is the fastest-growing thin insulation market

Asia-Pacific is the fastest-growing market for thin insulation globally with China being the largest as well as fastest-growing country in the region. Increasing rural to urban migrations in the region are stimulating the housing construction demand in urban areas; consequently increasing the market size of the thin insulation materials. The growing construction industry (residential and non-residential) and advances in process manufacturing are some of the key drivers for the market in Asia-Pacific. Countries such as India, Indonesia, and China are expected to witness high growth in the thin insulation market, supported by increasing demand from the building & construction industry.

The thin insulation market has few global players competing significantly for the market share, who are actively investing in various strategies such as new product developments and joint venture & collaboration globally to increase their market share. In addition, companies are also investing on R&D activities. Major players such as The Dow Corning Corporation (U.S.), Actis Insulation (U.K.), BASF Polyurethanes GmbH (Germany), and Kingspan Insulation Ltd (U.K.) have adopted various organic and inorganic growth strategies.

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About MarketsandMarkets™

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the “Growth Engagement Model – GEM”. The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write “Attack, avoid and defend” strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’s flagship competitive intelligence and market research platform, “Knowledge Store” connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.


Mr. Shelly Singh


Source: EmailWire.Com

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