Thin Insulation Market is projected to reach USD 2.12 billion by 2021, registering a CAGR of 5.8% between 2016 and 2021. Increasing demand from applications such as building thermal insulation and automotive is the major driver for the thin insulation market. The automotive segment is expected to rise significantly in the growing economies of Asia-Pacific such as, China, India, and other developing countries.
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Thin insulation market is used widely in the oil & gas and construction industries. Less space consumption, toughness, and excellent lightweight characteristics of thin insulation enhances the growth of the building thermal insulation and automotive applications.
Thin insulation protects pipes from corrosion and increase their durability and weight saving capability.
1 Attractive Opportunities in the Thin Insulation Market
2 Thin Insulation Market, By Type
3 Thin Insulation Market Share, 2015
4 Thin Insulation: Market Attractiveness
5 Thin Insulation Market: Developing vs Developed Nations
6 Lifecycle Analysis, By Region
North America is projected to be the largest thin insulation market by 2021 due to the presence of numerous key companies in the region. Increased focus on energy-efficient buildings, stringent requirements for insulation, and new building codes have generated awareness about building insulation in the region that are also the major factors influencing the thin insulation demand in the region.
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This study has been validated through primary interviews with various industry experts globally. The break-up profile of primary discussion participants is given here Tier 1 (40%); Tier 2 (25%) and other (35%) companies were contacted for interviews.
The interviews were conducted with various key people such as C Level (30%), Researchers (40%) and Presidents (30%) from various key organizations. The primary interviews were conducted worldwide covering regions such as North America (45%), Europe (22%), Asia-Pacific (17%) and Row (16%).
2 New Product Launches: the Most Popular Growth Strategy
3 Maximum Developments in Europe, 2011–2016
4 Competitive Situation and Trends
5 New Product Launch
7 Merger & Acquisition
8 Expansion, 2011–2016
9 Joint Venture
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The report also includes company profiles and competitive strategies adopted bythe major market players such as The Dow Corning Corporation (U.S.), Actis Insulation (U.K.), BASF Polyurethanes GmbH (Germany), and Kingspan Insulation Ltd. (U.K.).
The report offers market estimations and projections till 2021 and offers a complete study of the market dynamics. In addition, the report provides the competitive landscape with major growth strategies adopted by the key players.
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