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Global Radiant Barrier Market InsightFebruary 14, 2022 Comments
The Radiant Barrier is forecast to smooth over the next few years. According to the WK-chem Research “Global Radiant Barrier Professional Survey Report 2022, Forecast to 2027”, with the increasing demand of the thermal insulation products industry，the Radiant Barrier industry is developing at an incredible speed. According to the WK-chem regression analysis model, the compound annual growth rate (CAGR) for the period 2022-2027 is expected to be 4.78%.
“The use of Radiant Barrier technology in the manufacture and use of thermal insulation products is expected to provide various opportunities for market growth, Senior analyst, Chemical & Material Market Research Center in WK-chem.” It is expected that during the forecast period, the architecture industry will dominate the global Radiant Barrier market.”
The amount of space exploration is increasing in both developing and developed countries. The level of interest in identifying new planets suitable for human existence and various other factors affecting life on Earth provides a significant boost to space science activity. In addition, insulation products are widely used in roofs and windows of buildings. They prevent sunlight from passing through the concrete, thereby reducing heat inside the building. Likewise, when painted on windows, they reflect most of the sunlight, preventing heat from entering the building. These factors portend the growth of the global radiation barriers and reflective insulation market.
This WK-chem 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 Radiant Barrier companys that include DuPont，Reflectix，Innovative Insulation，Dunmore，Fi-Foil Company .etc.
Segmentation of Radiant Barrier Market:
The Radiation Barrier and Reflective Insulation Market can be roughly classified into metallized film, pure aluminum, bubble type, foam type, and others on the basis of type. Foam barriers are expected to occupy the major market due to their low weight and convenient transportation and their environmental friendliness. Based on application, global radiation barriers are divided into residential and commercial use. Residential is expected to dominate the major market, energy efficiency in home construction is very important for homeowners and potential home buyers, coupled with the main challenge of shading strips is to control heat gain, radiant barriers and reflective insulation become integral parts of the building , to improve overall comfort and reduce utility bills. The use of radiation barriers/reflective insulation reflects most of the radiant heat and blocks 97% of the radiant energy and is as effective in summer as in winter.
Radiant Barrier Market: Regional Analysis
In terms of geography, the global Radiant Barrier market has been segmented into: North America, Asia Pacific, Europe, South America, and the Middle East and Africa. North America holds the highest share of the global radiation barrier market, followed by Asia Pacific, Japan, EMEA. The United States currently holds a high market share in the global radiation shielding market due to urbanization as well as growth in the construction industry. On the other hand, the growth of the construction industry has also exacerbated the demand for radiation barriers in the United States.
Largest share area：North America
Largest share country：the United States
Product Type：metallized film, pure aluminum, bubble type, foam type
Application：residential and commercial useLeading Company：DuPont，Reflectix，Innovative Insulation，Dunmore，Fi-Foil Company