The fiberglass insulation market is expected to grow with a CAGR of 6.3% over 2014-2019.
The major drivers of the fiberglass insulation market are impressive growth in construction activity, increasing demand for higher thermal efficiency, lightweight, strength, durability, and eco-friendly insulation products. The increasing awareness of energy saving is also driving the demand of fiberglass insulation market.
Lucintel, a leading global management consulting and market research firm, has analyzed the global fiberglass insulation market by regions and by application segments, and has produced a comprehensive research report, “The Global Fiberglass Insulation Market 2014-2019: Trends, Forecast, and Opportunity Analysis.” The report provides an analysis of global fiberglass insulation market, including market trends, growth opportunities, key drivers, emerging trends, and company profiles of the leading suppliers in the market. The study also includes forecast of global fiberglass insulation market through 2019 by value ($M) and volume (kt), segmented by regions and by applications as follows. Global fiberglass insulation market segmented by regions: North America, Europe, Asia Pacific, Rest of World. Global fiberglass insulation market segmented by applications: Residential Construction, Commercial and Industrial Construction, Industrial and HVAC Application Appliances and Others.
On the basis of its comprehensive research, Lucintel forecasts that most of the segments for the global fiberglass insulation will have good growth during 2014-2019. The residential construction segment is growing at a greater pace followed by the commercial and industrial segment. Owens Corning Corporation, Compagnie de Saint Gobain SA, Johns Manville Corporation, Uralita, KCC Corporation, Knauf Insulation Ltd, Bradford Insulation, Superglass Insulation Ltd, Guardian Insulation, Asahi Fiber Glass Co. are among the major suppliers of fiberglass insulation. The industry players are going for partnership and strategic alliances and focusing on development of new fiberglass insulation product to meet the constantly changing industry demands of customers.
Some of the features of the report include market size estimates, global fiberglass insulation market size estimation in terms of volume (KT) and value ($ Mil) shipment, trend and forecast analysis, segmentation analysis, regional analysis, growth opportunities, strategic analysis, emerging applications, analysis of competitive intensity of the industry based on Porter’s Five Forces model.
The full report is available at http://www.reportlinker.com/p02653334-summary/view-report.html