The compound annual growth rate of the thermal insulation Market in 2020 will reach 4.1%
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core tip: Recently, the continuous market research company released a report entitled "Global Market Research on thermal insulation materials: energy efficiency trends shaping the market during 2016-2020"
[China Packaging News] recently, the sustainable market research company released a report entitled "Global Market Research on thermal insulation materials: energy efficiency trends shaping the market from 2016 to 2020"
continuous Market Research (PMR) said that during the four years from 2016 to 2020, the global thermal insulation market showed a steady growth trend. During the forecast period, the market will maintain stable growth at a compound annual growth rate of 4.1%. Developing economies will continue to lead the global market and witness strong growth in the next four years
the improvement of urbanization level and the increase of manufacturing and construction production are expected to be the macroeconomic factors affecting the demand growth of thermal insulation materials. In order to maintain the performance of any industrial system, the thermal insulation material is the key requirement, which will continue to support the demand for thermal insulation materials. The increasing consumption in vertical fields of thermal insulation materials, such as oil and natural gas, energy, chemical industry, food and beverage, is expected to upgrade the demand. The improvement of automobile and aircraft manufacturing level will also accelerate the development of the market
people are more and more aware of the importance of energy conservation, and have increasingly strong expectations for the minimization of energy consumption, which is expected to accelerate the development of the market. Efficient building codes in developed countries and new regulations on efficient building construction in developing countries will further stimulate the market. Government agencies in emerging economies are increasingly developing building energy efficiency standards to meet energy efficiency standards. This is still the main factor driving the market during the forecast period
technological progress in thermal insulation materials, such as high-temperature thermal insulation cotton and bio based thermal insulation materials, may create profitable growth opportunities. In addition, paying more attention to green energy will be conducive to the sales of thermal insulation materials. The good application of vacuum insulation board and nano insulation material will also have a positive impact on the market development. The understanding of the use of thermal insulation materials and their high cost is likely to remain the long-term challenge of the market development. The distinction between electronic universal testing machine and hydraulic universal testing machine is as follows: War
according to the type of materials, glass wool, rock wool and foamed plastics constitute the main contents of market segmentation. Based on the temperature range, the maximum growth range is 1 ° c~100 ° C. This part is expected to expand at a compound annual growth rate of 4.6% from 2016 to 2020. At the same time, the -160 ° c~-50 ° C temperature range will also reach a significant compound annual growth rate. This increase is attributed to the strong demand for low-temperature preservation of natural gas in the petrochemical industry- The temperature range of 49 ° c~0 ° C will account for more than 25% of the market value by 2020
through regional analysis, developing countries in the Asia Pacific region are identified as the largest market for thermal insulation materials. The region will continue to be the largest shareholder with a share of more than 45% in revenue. Although western Europe is another key city, let's first introduce what is the wedge load test field, but it is expected that North America will also become the main market by the end of 2020
some leading enterprises in the global thermal insulation material market include Dow Chemical Company, Saint Gobain company, Asahi Kasei Co., Ltd., BASF company, Bayer company, kingspan group and Rockwell. They estimate whether the maximum force value of the material in the tensile test exceeds the maximum range of the universal tensile strength tester for steel wire rope international, Owens Corning and Berkshire Hathaway
equivalent to the reduction of 70million vehicles on the highway within one year