Market Overview:
Market research
future published a raw research report on Global fireproof insulation market that contains the information from 2018 to 2023. Fireproof
insulation market is expected to grow with the CAGR of approximately
4.5% from 2018 to 2023.
Fireproof insulation is an
insulating material that is prepared with the help of a fire retardant
material. Fireproof insulation is usually employed to tackle and encounter the
dispersion of flames when situations such as a fire disaster occur. Several government
initiatives such as rebates and tax credits are fuelling the growth of the
market.
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The market has been analyzed based
on materials, applications, and regions. On the basis of applications, global fireproof
insulation market is segmented as residential buildings, commercial buildings,
and industrial buildings, out of which, residential buildings segment dominates
the application segment of the global fireproof insulation market. The growing
residential sector across the globe along with the rising awareness regarding fire
safety regulation driving the demand of fireproof insulation market. The
increasing number of townhouses, condominiums, cottages, and apartments, where
people spend their much time, is also fuelling the demand of the market. Fireproof
insulation is adopted in schools, and hospitals as well.
The global fireproof insulation
market was valued at USD 18.05 Billion in 2015, and is projected to grow at a
CAGR of 4.5% during the forecast period
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v ROCKWOOL International A/S (Denmark)
v Knauf Insulation GmbH (Germany)
v Saint-Gobain S.A. (France)
v Owens Corning Corporation (U.S.)
v Berkshire Hathaway, Inc. (U.S.)
v BASF SE (Germany)
v Paroc Group Oy (Finland),
v Arango Insulation (U.S.)
v Airkrete Inc. (U.S.)
v ROXUL Inc.(Canada)
Study Objectives of Global
Fireproof Insulation Market:
- To provide detailed analysis
of the market structure along with forecast for the next 5 years of the
various segments and sub-segments of the global fireproof insulation
market.
- To provide insights about
factors affecting the market growth
- To analyse the global
fireproof insulation market based on tools factors such as Supply Chain
Analysis, And Porter’s Five Force Analysis
- To provide historical and
forecast revenue of the market segments and sub-segments with respect to
regions and their respective key countries
- To provide country level
analysis of the market with respect to the current market size and future
prospective
- To provide country level
analysis of the market for segments by material, by application and by
region.
- To provide strategic
profiling of key players in the market, comprehensively analysing their
core competencies, and drawing a competitive landscape for the market
- To track and analyze
competitive developments such as joint ventures, strategic alliances, mergers
and acquisitions, new product developments, and research and developments
in the fireproof insulation market.
Glass wool dominates the material segment of the market
Based on materials, global fireproof insulation market is segmented as mineral
wood, plastic foam, glass wool, cellulose, and others. Glass wool material dominates the material
segment of the global fireproof insulation market mainly due to the properties
such as light weight, superior tensile strength, high resilience, ease of use
and environment-friendliness of the material. As per British Standards, glass
wool products can provide class 0 and class 1 level safety.
Plastic foam is another major fireproof insulation material. It is non-fibrous
in nature. It includes polyurethane, phenolic foam, polystyrene and polyisocyanurate.
It is used in different forms such as rigid board insulation and spray applied
insulation. Hence it is the fastest-growing material segment of the global
fireproof insulation market
This research report has provides the insights, on various
levels of analyses such industry analysis, market share analysis leading market
players and their profiles. This report also helps in studying the target
segments by providing views on emerging & high-growth segments and market
conclusion. Together the market data comprise and discuss with the basic
assessments on the competitive scenarios & strategies, of the global Fireproof
insulation market, including the high-growth regions, countries and their
political, economic and technological environments. Furthermore the project
report also provides the views over the historical market values as well as, pricing
and cost analysis of the same.
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