Dublin, Oct. 04, 2021 (GLOBE NEWSWIRE) -- The "Glass Wool or Fiberglass Insulation - A Global Market Overview" report has been added to ResearchAndMarkets.com's offering.
A downturn in the residential and commercial construction markets due to COVID-19 impact, global demand for Glass Wool insulation (or fiberglass insulation) in Residential Construction and Commercial & Industrial Construction sectors has declined significantly in 2020 compared to that of in 2019.
Expected to recover to pre-COVID-19 pandemic levels around 2022, Glass Wool insulation demand in Residential Construction and Commercial & Industrial Construction applications is projected to reach 3.2 MTs and 1.2 MTs respectively by 2026, maintaining 2020-2026 volume CAGRs of 3.9% each.
Asia-Pacific region is expected to record a robust growth of 5.3% per year through 2020 to 2026, attributed to rising building construction activity and growth in industrial, HVAC and appliances sectors. Particularly, China and India are projected to record the fastest growths in glass wool insulation demand. The overall market for Glass Wool or Fiberglass Insulation is expected to touch nearly US$9 billion in 2021.
Research Findings & Coverage
The global market for Glass Wool/Fiberglass Insulation is analyzed in this report with respect to end-use applications, geographic regions and key countries
The study provides market size and extensively analyzes each major end-use application of Glass Wool/Fiberglass Insulation for the analysis period in each region/country
Global Warming and Green Concerns to Drive Demand for Fiberglass Insulation
Global Construction Industry on a Recovery Path Despite Uncertainty over COVID-19
Key business trends focusing on product innovations/developments, capacity expansions, M&As, JVs and other recent industry developments
Major companies profiled - 39
The industry guide includes the contact details for 87 companies
The report analyzes the market for End-use Applications of Glass Wool/Fiberglass Insulation analyzed including:
Commercial & Industrial Construction
Industrial & HVAC Applications
Appliances & Other
The report reviews, analyzes and projects the global Glass Wool/Fiberglass Insulation market for the period 2017-2026 in terms of volumes in metric tons and market value in US$ and the compound annual growth rates (CAGRs) projected from 2020 through 2026 with a special focus on the Pandemic impact and Y-o-Y growth for 2019-2020
Key Topics Covered:
PART A: GLOBAL MARKET PERSPECTIVE
1.1 Product Outline
1.1.1 Glass Fiber Product Segmentation
1.1.2 Glass Wool Insulation End-use Application Areas
1.1.3 Other Competing Insulation Materials
2. KEY MARKET TRENDS
2.1 Global Warming and Green Concerns to Drive Demand for Fiberglass Insulation
2.2 Global Construction Industry on a Recovery Path Despite Uncertainty over COVID-19
3. KEY GLOBAL PLAYERS
Alghanim Industries (Kuwait)
CSR Bradford Insulation (Australia)
Johns Manville Corporation (United States)
Knauf Insulation S.P.R.L. (Belgium)
Owens Corning (United States)
Saint Gobain S.A. (France)
URSA Insulation, S.A. (Spain)
4. KEY BUSINESS & PRODUCT TRENDS
5. GLOBAL MARKET OVERVIEW
PART B: REGIONAL MARKET PERSPECTIVE
PART C: GUIDE TO THE INDUSTRY
Arabian Fiberglass Insulation Co., Ltd. (AFICO)
Asahi Fiber Glass Co., Ltd.
Central Glass Co., Ltd.
China IKING Industrial Group Co., Ltd.
CSR Bradford Insulation
Fibertek Insulation LLC
GlassRock Insulation Company S.A.E
Glenwood Private Equity
Hankuk Glass Industries
Hebei Gerui Glass Wool Products Co., Ltd.
HKO Isolier- Und Textiltechnik GmbH
Izocam Ticaret Ve Sanayi AS
Johns Manville Corporation
Knauf Exeed Insulation LLC
Knauf Insulation S.P.R.L.
Microfiber Industrial Co., Ltd.
ODE Yalitim Sanayi Ve Ticaret A.S.
PGF Insulation Sdn. Bhd.
Quietflex Manufacturing Company L.P.
Saint Gobain S.A.
Saint-Gobain Isover Korea
Superglass Insulation Limited
Superior Fibers, LLC
U.P. Twiga Fiberglass Limited
Union Lesni Brana, AS
URSA Insulation, S.A.
For more information about this report visit https://www.researchandmarkets.com/r/ps65az
ResearchAndMarkets.com is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.
CONTACT: CONTACT: ResearchAndMarkets.com Laura Wood, Senior Press Manager firstname.lastname@example.org For E.S.T Office Hours Call 1-917-300-0470 For U.S./CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900