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Global Insulation Market- Industry Analysis, Size, Share, Trends & Forecast 2014-2020

Transparency Market Research has published a new report titled “ Insulation Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2014 - 2020 ”. According to the report, the  global insulation market  was valued at US$ 37.87 Bn in 2013 and is anticipated to reach US$ 64.91 Bn in 2020, expanding at a CAGR of 8.0% from 2014 to 2020. Demand for insulation is expected to be driven by the growth of the construction industry in the emerging economies of Asia Pacific and Row. The re-insulation market in the developed economies of North America and Europe is also anticipated to fuel the demand. Extensive usage of depleting resources has boosted energy prices, which in turn has created awareness for energy conservation. Insulation helps in conserving energy and reducing utility bills. The importance of insulation has increased significantly in the last few years due to increasing awareness about greenhouse gas emission and global warming. Insulation ...