The Sustainable Insulation Market report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.
New York, NY -- (SBWIRE) -- 03/02/2017 -- Sustainable Insulation Market: Drivers & Restraints
Although sustainable insulation market has variety application among them urbanization in developing countries, Weatherization Assistance Program (WAP) to improve the energy efficiency for low-income households in U.S and awareness among people for better residential, commercial and public building infrastructure are the three large factors majorly driving the global market of sustainable insulation market. Rise in income and living standard of the middle-class population worldwide, raise the demand for sustainable insulation for comfort living.
Besides experiencing unprecedented market growth, sustainable insulation market is facing two primary restraints; first, volatile prices of essential raw materials such as pyrene which is used in manufacturing plastic foams. Second, proper installation of insulation is crucial. These two factors act as a restraint on the growth of sustainable insulation market.
Sustainable Insulation Market: Regional Outlook
Based on the geographies, sustainable insulation market is segmented into seven regions - North America sustainable insulation market, Latin America sustainable insulation market, Eastern Europe sustainable insulation market, Western Europe sustainable insulation market, APEJ sustainable insulation market, Japan sustainable insulation market and the Middle East & Africa sustainable insulation market. Among the regions mentioned above, Asia Pacific excluding Japan is leading the global market of sustainable insulation. Speedy growth of industrialization and construction in emerging countries such as China, India along with Philippines, Thailand, Malaysia and Indonesia is a reason for Asia Pacific (excluding Japan) leading the market globally. U.S government initiated Weatherization Assistance Program especially for the low-income household; this promotes thermally sustainable insulation; making North America growing region in sustainable insulation market, followed by Eastern and Western Europe.
Sustainable Insulation Market: Key Players
Few of the market players accounting for global sustainable insulation market includes Bonded Logic Inc., Ecovative Design, Green Fibers, Saint-Gobain, Rockwool, Johns Manville, Uralita, Knauf Insulation, Huntsman Corporation, ABB Ltd., Alstom, Siemens, General Electric, Schneider Electric and many others.
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