The Global Phenolic Insulation Market Is Expected To Reach An Estimated $1 Billion By 2030

By Author: Lucintel LLC
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According to a market report by Lucintel, the future of the global phenolic insulation market looks promising with opportunities in the hvac systems, building and construction, and industrial markets. The global phenolic insulation market is expected to reach an estimated $1 billion by 2030 at a CAGR of 6.6% from 2023 to 2030. The major drivers for this market are rising awareness and stringent regulations regarding energy efficiency and building standards, growth in construction and infrastructure development, and innovations in building technologies and materials.
In this market, ducts, pipes, walls, roofs, and floors are the major segments of phenolic insulation market by application.
Lucintel forecasts that ducts will remain the largest segment over the forecast period due to growing requirement of higher thermal insulation and better fireproofing in buildings with a minimum thickness.
Within this market, HVAC system will remain the largest segment due to growing urbanization and construction activities.
Download sample by clicking on phenolic insulation market.
APAC is expected to witness the ...
... highest growth over the forecast period due to increasing infrastructure spending and imposition of regulations on energy efficient buildings are leading the demand for phenolic insulation material.
Kingspan Group, Asahi Kasei, Sekisui Chemical, Johns Manville, and Huntsman Corporation are the major suppliers in the phenolic insulation market.
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at helpdesk@lucintel.com. To get access of more than 1000 reports at fraction of cast visit Lucintel’s Analytics Dashboard.
About Lucintel
At Lucintel, we offer solutions for you growth through game changer ideas and robust market & unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. +1 972.636.5056
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