Insulation is a layer or coating of resistant material, which serves as a barrier to the targeted energy. Insulation protects industrial appliances from fire hazards, prevents the condensation of moisture on the equipment, and protects the equipment at extremely low or high temperatures leading to reduced accidental risks. Insulation eliminates the heat transfer out of the equipment system and improves machine performance by making manufacturing processes more efficient. It offers frost protection to pipelines at low temperatures which makes it suitable for transportation equipment.
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By geography, North America is going to have a lucrative growth during the forecast period due to the implementation of new provincial building codes in several provinces addressing energy consumption in commercial buildings. Rise in the demand for high-quality products in order to reduce carbon emissions is expected to drive the regional market. Increasing number of recovery construction projects in the U.S., particularly in the commercial segments is projected to augment the growth.
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Some of the key players profiled in the Industrial Insulation Market include Armacell International SA, BASF SE, Berkshire Hathaway Incorporated, Insulcon BV, Johns Manville, Kingspan Group PLC, Knauf Insulation, Nichias Corporation, Owens Corning, Paroc Group, Refractory Specialties Incorporated, Rockwool Group, Saint Gobain, Samhwa Chemicals Co., , Ltd, Solvay, and Thomas Insulation Corporation.
What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2018, 2019, 2020, 2024, and 2027
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
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