Market Research Future Published a Research Study on Insulation Products Market Research Report, Size, Share and Industry Analysis - Forecast to 2022Global Insulation Products Market - OverviewThe global insulation products market is driven by the increased aesthetic value in construction and reduced heating & cooling costs.
The increased demand for insulation products is also driven by the growing application across residential and non-residential construction.Global insulation products market is segmented on the basis of insulation type, materials, application, and region.
Additionally on the basis of Region, it is segmented as North America, Europe, APAC and Rest of the World.Insulation, being an important technology and its utilization in reducing energy consumption in buildings by preventing heat gain/loss through them have gained popularity over years, especially in emerging nations.
There are various materials used for insulation which have low thermal conductivity, often less than 0.1W/mK.
Furthermore the collaboration with various new technology concepts of smart building and green building have induced the market growth.ecoSPEARS announced today that it received an exclusive license from NASA to use their Sorbent Polymer Extraction and Remediation System (SPEARS) to permanently clean up the world’s most pervasive and persistent toxins, including polychlorinated biphenyls (PCBs), from water and land.
Developed in 1929, PCBs were widely used across the world as a flame retardant in everyday goods, including in the insulating material in electrical equipment such as transformers and capacitors, and also in heat transfer fluids and lubricants.Mitsubishi Electric Corporation announced that it would launch a new integrated Station Energy Saving Inverter (S-EIV) with 400V AC-output for converting surplus regenerative energy from train braking into AC electricity for station facilities.