The Fiberglass Insulation Market is segmented by Application Type (Residential Construction, Commercial and Industrial Construction, Industrial and HVAC Application, and Appliances and Others) and by Region (North America, Europe, Asia-Pacific, and the Rest of the World).
The Fiberglass Insulation Market is segmented by Application Type...
The Fiberglass Insulation Market is likely to rebound at a promising CAGR of 6% during the forecast period.
What is Fiberglass?
Fiberglass is one of the most common insulation materials, and it is made up of extremely fine glass fibers. This insulation material traps air and slows heat transfer. It is generally utilized in various forms of insulation such as blankets (batts and rolls), and loose-fill, and is available as rigid boards and duct insulation as well.
Market Drivers
Rising global awareness about energy conservation is expected to drive market growth during the forecast period. Furthermore, increasing demand for higher thermal efficiency, durability, strength, lightweight, and environmentally friendly insulation products is expected to fuel the growth of the market in the coming years.
Segments Analysis
This report studies the market covering a period of 12 years of trend and forecast. The report provides detailed insights into the market dynamics to enable informed business decision-making and growth strategy formulation based on the opportunities present in the market.
The market is segmented into the following categories-
By Application Type
Residential Construction
Commercial and Industrial Construction
Industrial and HVAC Application
Appliances and Others
By Region
North America
Europe
Asia-Pacific
Rest of the World
By Application Type
The market is segmented as residential construction, commercial and industrial construction, industrial and HVAC application, and appliances and others. Residential construction is estimated to dominate the market during the forecast period. The growing population and increasing construction activities are the major factors likely to drive the growth of the segment in the coming years.
Regional Analysis
In terms of regions, Asia-Pacific is expected to be the fastest-growing region in the market during the forecast period with China and India being the growth engines of the region. Factors such as the region's growing construction industry and increasing industrial and HVAC applications are expected to drive regional market growth during the forecast period.
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Key Players
The following are the key players in the fiberglass insulation market.
Owens Corning Corporation
Compagnie de Saint Gobain SA
Johns Manville Corporation
Uralita
KCC Corporation
Knauf Insulation Ltd.
Bradford insulation
Superglass Insulation Ltd.
Guardian Insulation
Asahi Fiber Glass Co.
Research Methodology
This strategic assessment report, from Stratview Research, provides a comprehensive analysis that reflects today’s fiberglass insulation market realities and future market possibilities for the forecast period. The report segments and analyzes the market in the most detailed manner in order to provide a panoramic view of the market. The vital data/information provided in the report can play a crucial role for the market participants as well as investors in the identification of the low-hanging fruits available in the market as well as to formulate the growth strategies to expedite their growth process.
This report offers high-quality insights and is the outcome of a detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders, and validation and triangulation with Stratview Research’s internal database and statistical tools. More than 1,000 authenticated secondary sources, such as company annual reports, fact books, press releases, journals, investor presentations, white papers, patents, and articles, have been leveraged to gather the data. We conducted more than 15 detailed primary interviews with the market players across the value chain in all four regions and industry experts to obtain both qualitative and quantitative insights.
Report Features
This report provides market intelligence most comprehensively. The report structure has been kept such that it offers maximum business value. It provides critical insights into the market dynamics and will enable strategic decision-making for the existing market players as well as those willing to enter the market.
What Deliverables Will You Get in this Report?
Key questions this report answers
Relevant contents in the report
How big is the sales opportunity?
In-depth Analysis of the Fiberglass Insulation Market
How lucrative is the future?
Market forecast and trend data and emerging trends
Which regions offer the best sales opportunities?
Global, regional, and country-level historical data and forecasts
Which are the most attractive market segments?
Market segment analysis and Forecast
Which are the top players and their market positioning?
Porter’s five forces analysis, PEST analysis, Life cycle analysis
What are the factors affecting the market?
Drivers & challenges
Will I get the information on my specific requirement?
10% free customization
Report Customization Options
With this detailed report, Stratview Research offers one of the following free customization options to our respectable clients:
Company Profiling
Detailed profiling of additional market players (up to three players)
SWOT analysis of key players (up to three players)
Competitive Benchmarking
Benchmarking of key players on the following parameters: Product portfolio, geographical reach, regional presence, and strategic alliances
Custom Research: Stratview Research offers custom research services across the sectors. In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please send your inquiry to sales@stratviewresearch.com
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Rising global awareness about energy conservation is expected to drive market growth during the forecast period. Furthermore, increasing demand for higher thermal efficiency, durability, strength, lightweight, and environmentally friendly insulation products is expected to fuel the growth of the market in the coming years.
Owens Corning Corporation, Compagnie de Saint Gobain SA, Johns Manville Corporation, Uralita, KCC Corporation, Knauf Insulation Ltd., Bradford insulation, Superglass Insulation Ltd., Guardian Insulation, and Asahi Fiber Glass Co. are some of the key players in the fiberglass insulation market.
Asia-Pacific is estimated to remain the fastest-growing region in the market for fiberglass insulation in the foreseen future. The growing construction industry and increasing industrial and HVAC applications in the region are expected to drive the regional market growth in the coming years.
Residential construction is estimated to be the dominant segment of the market in the coming years. Growing population and increasing construction activities are the major factors likely to drive the growth of the segment during the forecast period.