DUBLIN, Apr 18, 2017 /PRNewswire/ --
Research and Markets has announced the addition of the "Foam Insulation Market - Global Forecast to 2021" report to their offering.
The foam insulation market was valued at USD 17.58 billion in 2016 and is projected to reach USD 22.39 billion by 2021, at a CAGR of 4.95% from 2016 to 2021.
The foam insulation market is mainly driven by the growing construction and transportation end-use industries. The growth of the construction industry is attributed to increasing population and rapid industrialization in developing countries, such as India, China, Russia, South Africa, Indonesia, and Brazil, among others. Whereas, the demand for foam insulation in the transportation industry is driven by the increasing demand for perishable food items, where foam insulation is used in refrigerated containers for the transportation of temperature-sensitive food items.
Elastomeric foam exhibits properties such as low thermal conductivity and high resistance to water vapor transmission, and is fire resistant in nature. Elastomeric foam is manufactured without using chlorofluorocarbons (CFCs), hydrochlorofluorocarbons (HCFCs), or hydrofluorocarbons (HFCs), which makes them environmentally friendly. The demand for elastomeric foam is increasing due to its increasing use in various applications, such as refrigeration piping, HVAC components, interior & exterior duct systems, and chillers, among others.
- Armacell International S.A. (Luxembourg)
- BASF SE (Germany)
- Covestro AG (Germany)
- Huntsman International LLC (U.S.)
- Johns Manville (U.S.).
- Kingspan Group PLC (Republic of Ireland)
- Lapolla Industries Inc. (U.S.)
- Owens Corning (U.S.)
- Recticel Group (Belgium)
- Saint-Gobain (France)
- The Dow Chemical Company (U.S.)
Key Topics Covered:
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Foam Insulation Market, By Product Type
7 Foam Insulation Market, By End-Use Industry
8 Foam Insulation Market, By Region
9 Competitive Landscape
10 Company Profiles
For more information about this report visit http://www.researchandmarkets.com/research/52dtz5/foam_insulation
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SOURCE Research and Markets