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Thin Insulation Market Worth 2.12 Billion USD by 2021


News provided by

MarketsandMarkets

18 Jul, 2016, 01:30 GMT

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PUNE, India, July 18, 2016 /PRNewswire/ --

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", published by MarketsandMarkets, The global 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.

     (Logo: http://photos.prnewswire.com/prnh/20160303/792302 )

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.

Browse 112 market data Tables and 55 Figures spread through 163 Pages and in-depth TOC on "Thin Insulation Market" 

http://www.marketsandmarkets.com/Market-Reports/thin-insulation-market-205070326.html
Early buyers will receive 10% customization on this report.

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.

Make an Inquiry @ http://www.marketsandmarkets.com/Enquiry_Before_Buying.asp?id=205070326

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.

Browse Related Reports: 

Building Thermal Insulation Market by Material (Wool Insulation, Plastic Foams and Others) and Application (Roof, Wall and Floor) - Global Trends & Forecasts to 2020
http://www.marketsandmarkets.com/Market-Reports/building-insulation-materials-market-510.html

Cold Insulation Market by Material (Fiber Glass, Phenolic Foams, Polystyrene Foams, Polyurethane Foams, and Others), by End-Use Industry (Chemicals, HVAC, Oil & Gas, Refrigeration, and Others) - Trends & Forecasts to 2020
http://www.marketsandmarkets.com/Market-Reports/cold-insulation-market-1117.html

Know More About our Knowledge Store @ http://www.marketsandmarkets.com/Knowledgestore.asp

About MarketsandMarkets: 

MarketsandMarkets is the world's No. 2 firm in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to a multitude of clients across 8 different industrial verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications. 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.

M&M's flagship competitive intelligence and market research platform, "RT" 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. The new included chapters on Methodology and Benchmarking presented with high quality analytical infographics in our reports gives complete visibility of how the numbers have been arrived and defend the accuracy of the numbers.

We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository.

Connect with us:

MarketsandMarkets Blog @ http://www.marketsandmarketsblog.com/market-reports/chemical
LinkedIn @ http://www.linkedin.com/company/marketsandmarkets

Media Contact:
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Markets and Markets
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