San Francisco, 16
November 2018: The global activeinsulation market is
expected to reach USD 357.8 million by 2025, according to a new report by Grand
View Research, Inc. Globally, increasing demand for insulation in building
& construction has been a major factor driving growth. In addition, growing
demand for activewear and sportswear for activities such as cycling, yoga,
workouts and sports is also expected to enhance the industry growth.
Europe emerged as the largest regional
segment accounting for 34.1% of total market volume share in 2016. This can be
attributed to the favorable government regulations regarding use of active
insulation in building applications in the region. Asia Pacific is anticipated
to emerge as the fastest growing regional segment with a CAGR of 6.3% over the
forecast period. Product demand in the region is majorly attributed to the
increasing utilization of active insulation technology in the production of
active wear and sportswear in countries like China and India.
Active wear emerged as the largest
application category and accounted for 57.7% of the total revenue of the
textile segment in 2016. Product demand in active wear is expected to witness a
comparatively high growth rate over the forecast period.
Glass wool emerged as the leading product
segment in building & construction segment in 2016, growing with a CAGR of
4.7% from 2017 to 2025. Being a mature market the North America region has
witnessed stable growth in most of the application segments. New construction
projects and employment of energy efficiency plans is likely to initiate
industry rivalry in the region.
Access
Research Report of Active Insulation
Market@ www.grandviewresearch.com/industry-analysis/active-insulation-market
Further
key findings from the report suggest:
· The global active insulation demand
exceeded 117 kilo tons in 2016 and is expected to grow at a CAGR of 5.0% from
2017 to 2025
· Polyester emerged as the largest textile
product segment in 2016 and is estimated to generate revenue worth over USD 54
million by 2025
· Global EPS demand in building &
construction was USD 48 million in 2016 and is anticipated to witness staggered
growth over the next eight years
· The U.S. active insulation demand in
sportswear application was over 2.9 kilo tons in 2016 and is estimated to
witness moderate growth rate from 2017 to 2025
· Product demand in North America is
projected to witness substantial growth and is expected to exceed USD 113
million by 2025
· Key players including PrimaLoft, Inc.,
Polartec, Economical Building Systems dominated the global active insulation
market while accounting for over 65% of the total market share in 2016
Browse more reports of this category by Grand View
Research at: www.grandviewresearch.com/industry/specialty-glass-ceramic-and-fiber
Grand View Research has segmented the
global active insulation market on the basis of product, application, and
region:
Active Insulation Product Outlook (Volume,
Tons; Revenue, USD Thousand, 2014 - 2025)
·
Textile
·
Building & Construction
Active Insulation Application Outlook (Volume, Tons;
Revenue, USD Thousand, 2014 - 2025)
·
Textile
·
Building & Construction
Active Insulation Regional Outlook (Volume, Tons;
Revenue, USD Thousand, 2014 - 2025)
·
North America
·
Europe
·
Asia Pacific
·
Central & South America
·
Middle East & Africa
Access Press Release of
Active Insulation Market@ www.grandviewresearch.com/press-release/global-active-insulation-market
About
Grand View Research
Grand
View Research, Inc. is a U.S. based market research and consulting company,
registered in the State of California and headquartered in San Francisco.
The company provides syndicated research reports, customized research
reports, and consulting services. To help clients make informed business
decisions, we offer market intelligence studies ensuring relevant and
fact-based research across a range of industries, from technology to chemicals,
materials and healthcare.
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