Asia-Pacific Industry for Active Insulation to 2026 - Featuring Armacell International, Autex Industries & Ecowool Insulation Among Others
Retrieved on:
Thursday, January 14, 2021
The Asia-Pacific active insulation market is estimated to grow at a CAGR of 6.8% during the forecast period.
Key Points:
- The Asia-Pacific active insulation market is estimated to grow at a CAGR of 6.8% during the forecast period.
- Some pivotal factors encouraging market growth include the rising demand for thermal insulation materials and the increasing construction industry in the region.
- This will accelerate the demand for thermal insulation materials coupled with the increasing government focus to reduce greenhouse gas emissions.
- Based on application, active insulation material applications in the building and construction industry include commercial and residential.