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Global Organic Insulation Materials Market InsightJanuary 25, 2022 Comments
It is expected that organic insulating materials will grow wildly in the next four years. According to the WK-chem Research “Global Organic Insulation Materials Professional Survey Report in 2022, Forecast to 2027”, with the rapid increase in people’s environmental awareness and the impact of COVID-19, the organic materials industry is moving at an incredible speed developing. speed. According to the WK-chem Research regression analysis model, the compound annual growth rate (CAGR) for the period 2022-2027 is estimated to be 4.5%.
“The growing infrastructure and industrialization in various regions, the increase of people’s awareness of environmental protection, the organic material market will continue to grow.” said Aggie, Senior analyst, Chemistry & MaterialMarket Research Center in WK-chem Research.”Participants in the organic materials industry must improve the stability of their products, enhance safety, increase awareness of ecological and environmental protection, reduce construction difficulties, and reduce engineering costs to adapt to the rapid development of the market.”
Organic thermal insulation materials have light weight, good processability, high density, and good thermal insulation effect. With the improvement of people’s environmental awareness, the use of organic materials to improve energy efficiency has become a general direction. Secondly, due to COVID-19, the market has been negatively affected. The market demand exceeds supply, the market has a relatively broad development space, and it is easier for new entrants to enter the industry market. Under such an environment, participants can have more downstream consumers without too much investment, and the sales channels are wide. The region’s evolving infrastructure and growing demand for industrialization provide important opportunities for industry participants to adopt alternative construction methods and new partnerships to promote development.
This WK-chem Research market report is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading Organic Insulation Materials companies that include Saint-Gobain, Kingspan Group, Owens Corning, Ravago, Knauf Insulation, UNILIN Insulation, Huntsman International, TECHNONICOL Corporation, Recticel, DuPont.
Segmentation of Organic Insulation Materials Market:
Organic insulating materials are divided into expanded polystyrene board (EPS), extruded polystyrene board (XPS) and others (SPU, etc.) according to the type of material. Among them, expanded polystyrene board (EPS) has low thermal conductivity. The inside is a porous structure filled with air, which prevents air transmission. The thermal conductivity is below 0.039, which can effectively heat insulation. Without damaging the structure, the recovery rate is the highest among plastics, and the energy consumption is also the lowest among plastic products. , So the expanded polystyrene board (EPS) market segment dominates the market.
Organic insulating materials are mainly used in walls and roofs. Organic thermal insulation materials are used in the three main parts of buildings. Due to their architectural and energy efficiency advantages, thermal insulation materials for residential buildings are becoming more and more popular. Promoting energy efficiency (EE) requirements for new residential buildings has proven to be an effective mandatory policy tool to slow down the growth of energy consumption in the residential building sector, and walls are the largest application in the organic insulation material market.
Organic Insulation Materials Market: Regional Analysis:
Europe dominates the organic insulating materials. Germany has the largest construction industry in Europe. According to data from the German Federal Statistical Office (Destatis), despite the severe impact of the pandemic, the country’s construction industry has achieved significant growth. Recently, due to the continuous expansion of the housing construction market in China and India, the Asia-Pacific region is expected to have the highest growth rate of housing construction. The Asia-Pacific region has the largest low-cost housing construction field, led by China, India and Southeast Asian countries. Due to increased consumption in countries such as China and India, the Asia-Pacific region is expected to become the fastest-growing market during the forecast period.
Largest share area：Europe
Largest share country：Germany
Leading Company：Saint-Gobain, Kingspan Group, Owens Corning, Ravago, Knauf Insulation, UNILIN Insulation