Middle East & Africa Building Insulation Materials Market size was valued at US$ 2.369 Bn. in 2021 and the total revenue is expected to grow at CAGR of 3.23% through 2022 to 2027, reaching nearly US$ 2.87 Bn. by 2027.
Building In the construction industry, insulation materials are used to prevent heat, electricity, or sound from passing through electrical appliances and building materials. Thermal insulation, electrical insulation, and heat insulation are the three broad categories of the insulation materials market. A successful insulation system is dependent on the proper installation of high-quality insulation materials. Insulation is a critical technology for lowering energy consumption and preventing heat gain/loss in buildings. It acts as a heat barrier, keeping homes warm in the winter and cool in the summer. The weather influences the appropriate level and type of insulation. Insulating materials typically have thermal conductivities of less than 0.1 W/mK.
Middle East and Africa Building Insulation Materials Market Report Scope and Research Methodology
The report provides the qualitative and qualitative analysis of the Middle East and Africa Building Insulation Materials Market based on segmentation. Market segmentation helps to understand the Middle East and Africa Building Insulation Materials market structure easily. The regional insights highlight the use of Middle East and Africa Building Insulation Materials in the regions with factors including drivers, restraints, challenges and opportunities affecting the growth of the markets. The report includes the competitive landscape, which provides detailed information on the position of key players in the Middle East and Africa Building Insulation Materials industry with partnerships, business growth and acquisitions.
Data was collected through Primary and Secondary research methods from the Middle East and Africa Building Insulation Materials market. Secondary research includes sources such as company annual reports, presentations, publications of OEMs vehicle sales, technical handbooks and technical articles. Primary interviews were conducted with Middle East and Africa Building Insulation Materials Market experts and supply sides across the region. The bottom-up approach was used to estimate the Middle East and Africa Building Insulation Materials market size and volume. Porter’s five forces analysis is also included in the report, which helps to understand the Middle East and Africa Building Insulation Materials market through various perspectives.
Middle East and Africa Building Insulation Materials Market Report Overview:
The Middle East and Africa Building Insulation Materials Market research is based on forecasts from major organizations as well as market statistics. Sales growth figures at several global, regional, and national market levels, as well as a competitive landscape for predicted periods and individual firm valuations, are all included in Middle East and Africa Building Insulation Materials market research. The report provides growth variables, current Middle East and Africa Building Insulation Materials market share, various types, technologies, applications, and regional penetrations by 2029 during the forecast period.
To Get A Copy Of The Sample Of The Market, Click Here:https://www.stellarmr.com/report/req_sample/MEA-Building-Insulation-Materials-Market/1264
Middle East and Africa Building Insulation Materials Market Key Players:
Armacell S.A. (Luxembourg)
Beijing New Building Material (Group) Co., Ltd. (China)
Evonik (Germany)
PT. Bondor Indonesia (Indonesia)
BYUCKSAN (South Korea)
Huamei Energy-saving Technology Group Co., Ltd. (China)
Johns Manville (U.S.)
Kaneka Corporation (Japan)
KCC Corporation (South Korea)
Kingspan Insulation LLC (Ireland)
Lloyd Insulations Limited (India)
NICHIAS Corporation (Japan)
ROCKWOOL International A/S (Denmark)
U.P. Twiga Fiberglass Limited (India)
GAF (U.S.)
Middle East and Africa Building Insulation Materials Market Dynamics:
The Middle East and Africa have many key players in the market, and their contribution to the region's market has been massive. Rockwool International A/S, for example, develops and manufactures stone wool and its products, such as insulation, fire prevention, and noise control. Acoustic ceilings, façade panels, and horticultural substrates are among the products offered by the company. Rockwool has a strong product portfolio in the insulation industry, with products available all over the world, including the Middle East and Africa.
Middle East and Africa Building Insulation Materials Market Segmentation:
The Middle East and Africa Building Insulation Materials Market is divided into four product categories: Expanded Polystyrene (EPS), Extruded Polystyrene (XPS), Mineral Wool, and Others. Because it is one of the most widely used foamed polymers for constructing thermal insulation, expanded polystyrene dominates the Building Insulation Materials Market with a market share of 53% in 2021. It's a type of insulation with remarkable properties like sound absorption, light weight, and earthquake resistance. One of the most common applications is pipe insulation to reduce heat gain, condensation, or frost formation on water and air conditioning lines. Additionally, because this region is mostly deserted and has summer all year, this segment is the most popular. Because of its water resistance, ability to reduce moisture-related damages, and ability to conserve energy, polystyrene will have a 28.7% market share in 2021. Its ability to suppress microbial or fungal growth in the insulated region should also aid in growth. Mineral wool is expected to have a 15% market share in 2021 due to its exceptional qualities such as fire resistance, effective heat barrier, environmental compatibility, and dimensional stability. Mineral wool's growth is expected to be driven by its increasing use in thermal barrier applications over the forecast period. Other materials, such as PU foam and PIR foam, will account for 3.3% of the market in 2021.
The Middle East and Africa Building Insulation Materials Market is classified into three applications: roof, wall, and floor. With a market share of 37% in 2021, the wall segment dominates the Middle East and Africa Building Insulation Materials Market. In 2021. It was used in high-end architecture and kept energy efficiency high in both residential and commercial structures. The tropical conditions in the Middle East and Africa region make it possible to keep buildings cool and less humid, and walls are essential in meeting energy consumption targets. Roof Segment has a 34% market share in 2021. Because of the abundance of firm sites in the Middle East and Africa, particularly in emerging economies, and because insulation materials are so important in the market, demand for insulation materials is expected to rise as the importance of meeting thermal construction criteria grows. As a result of rising demand for HVAC applications to be as energy efficient as possible, the floor segment will have a market share of 29% in 2021. Thermal insulation is used in the flooring of the basement, garage, cantilever, and crawl space. Product penetration for floor insulation in extremely cold locations is expected to drive market growth.
Middle East and Africa Building Insulation Materials Market Regional Analysis:
The market's primary geographic condition and segments and sub-segments are examined in the Middle East and Africa Building Insulation Materials Industry Research. The current state of the regional Middle East and Africa Building Insulation Materials market is provided in the report in terms of market size, share, and volume. The Middle East and Africa Building Insulation Materials market report analyses all the regions:
Key Questions answered in the Middle East and Africa Building Insulation Materials Market Report are:
Key offerings:
Request for Free Sample Pages:https://www.stellarmr.com/report/req_sample/MEA-Building-Insulation-Materials-Market/1264
About Stellar Market Research
Established in 2018, Stellar Market Research is India Based consulting and advisory firm focused on helping clients to reach their business transformation objectives with advisory services and strategic business. The company’s vision is to be an integral part of the client’s business as a strategic knowledge partner. Stellar Market Research provides end-to-end solutions that go beyond key research technologies to help executives in any organization achieve their mission-critical goals. The company has clients from all across the globe, 23 % from India and others from Japan, Korea, Germany, United States, etc. The company uses its extensive industry knowledge, strong network, and know-how to provide complete insights that give clients a competitive advantage.
Contact Stellar Market Research
S.no.8, h.no. 4-8 Pl.7/4, Kothrud,
Pinnac Memories Fl. No. 3, Kothrud,
Pune, Maharashtra, 411029
+91 20 6630 3320 +91 9607365656
Middle East & Africa Building Insulation Materials Market , Exosome Research Market
Established in 2018, Stellar Market Research is India Based consulting and advisory firm focused on helping clients to reach their business transformation objectives with advisory services and strategic business.
Middle East and Africa Building Insulation Materials Market , Middle East and Africa Building Insulation Materials Market Size , Middle East and Africa Building Insulation Materials Market Share , Middle East and Africa Building Insulation Materials Market G
Mar 23, 2023
Copyright © 2006 - 2023 PRnob Media, UBIC Solutions, LLC. All Rights Reserved.
14.png)