Market Research Report
Active Insulation Market 2020-2026
|Active Insulation Market 2020-2026|
Published: October 16, 2020
Orion Market Research Pvt Ltd
Delivery time: 2-3 business days
Global Active Insulation Market Size, Share & Trends Analysis Report, By Product (Building and Construction (Mineral Wool, EPS, Glass Wool, and Others), Textile (Polyester, Cotton, Nylon, and Wool)), By Application (Building and Construction (Commercial and Residential), Textile (Activewear, Sportswear, and Others)) and Forecast, 2020-2026
The global active insulation market is estimated to witness significant growth during the forecast period. Increasing demand for sportswear is one of the factors encouraging the demand for active insulation products. The rising number of sports participants is one of the major factors accelerating the demand for active insulation products. For instance, as per the figures from the 51 National Federation of State High School Associations (NFHS), the number of participants in high school sports in 2017-18 reached a record high of 7,980,886, which includes the District of Columbia. The number of boys participating in high school sports set a new standard at 4,565,580 and the number of girls reached an all-time high of 3,415,306. This leads to increasing demand for sportswear and thereby driving the demand for polyester materials. Excellent elasticity, lightweight, and durability are some key properties of polyester, which makes it ideal for manufacturing sportswear. High-strength polyester fibers can resist the repetitive, strong movements made by athletes. It offers superior abrasion resistance, supports the durability of the fabric, and provides tensile strength.
Geographically, Europe is estimated to hold a potential share in the market owing to the emerging focus on green buildings and the increasing shift towards healthy lifestyle in the region. In July 2018, new rules for energy performance in buildings came into effect (Directive (2018/844/EU, amending existing Directive 2010/31/EU), as part of the Clean Energy for All Europeans package. Such new provisions will make the buildings of the future more comfortable and greener, which makes them consume less energy. In the EU, buildings are responsible for nearly 36% of CO2 emissions and 40% of energy consumption. Renovation of existing buildings could result in significant energy savings, potentially decreasing the total energy consumption of the European Union (EU) by 5-6% and lowering CO2 emissions by nearly 5%. This, in turn, is driving the demand for insulation materials that contribute to reduce greenhouse gas emissions and reduce energy consumption.
Some key players in the market include INVISTA, 3M Co., Saint-Gobain Group, Wacker Chemie AG, and Rockwool International A/S. The market players are adopting some crucial strategies including mergers and acquisitions and product launches, to expand market share and gain a competitive advantage. For instance, in July 2020, Knauf Insulation has enhanced its Earthwool Soffit Linerboard range, which is designed for use in commercial units, car parks, and stadiums. It offers superior thermal performance and adds rigidity which makes installation easier.
The market study of the global active insulation market is incorporated by extensive primary and secondary research conducted by the research team. Secondary research has been conducted to refine the available data to breakdown the market in various segments, derive total market size, market forecast and growth rate. Different approaches have been worked on to derive the market value and market growth rate. Our team collects facts and data related to the market from different geography to provide a better regional outlook. In the report, the country-level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior and macro-economic factors. Numbers extracted from secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. This enables our analyst to derive the closest possible figures without any major deviations in the actual number. Our analysts try to contact as many executives, managers, key opinion leaders and industry experts. Primary research brings authenticity in our reports.
Secondary Sources Include::
Financial reports of companies involved in the market
Whitepapers, research-papers, and news blogs
Company websites and their product catalog
The report provides in-depth analysis on market size, intended quality of the service preferred by consumers. It will serve as a source for 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions.
Global Active Insulation Market Research and Analysis, By Product
Global Active Insulation Market Research and Analysis, By Application
The Report Covers:
Comprehensive research methodology of the global active insulation market.
This report also includes a detailed and extensive market overview with key analyst insights.
Exhaustive analysis of macro and micro factors influencing the market guided by key recommendations.
Analysis of regional regulations and other government policies impacting the global active insulation market.
Insights about market determinants which are stimulating the global active insulation market.
Detailed and extensive market segments with regional distribution of forecast revenues.
Extensive profiles and recent developments of market players.