Active Insulation Market Worth $357.8 Million By 2025 | Key Industry Players PrimaLoft, Inc., Polartec
San Francisco, 14
November 2018 - The
global active insulation 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.
To request a sample copy
or view summary of this report:
www.grandviewresearch.com/industry-analysis/active-insulation-market
www.grandviewresearch.com/industry-analysis/active-insulation-market
Further key
findings from the study 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
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
- By Product
- Polyester
- Cotton
- Wool
- Nylon
- Building & Construction
- By Product
- Glass wool
- Mineral wool
- EPS
- Others
Active Insulation Application Outlook
(Volume, Tons; Revenue, USD Thousand, 2014 - 2025)
- Textile
- By Application
- Activewear
- Sportswear
- Others
- Building & Construction
- By Application
- Residential
- Commercial
Active Insulation Regional Outlook
(Volume, Tons; Revenue, USD Thousand, 2014 - 2025)
- North America
- U.S.
- Europe
- Germany
- UK
- France
- Asia Pacific
- China
- India
- Japan
- Central & South America
- Middle East & Africa
Access Press Release Of This Research
Report by Grand View Research:
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.
Comments
Post a Comment