The Global Fireproof Insulation Market was valued at USD 18.05 Billion in 2015, and is projected to grow at a CAGR of 4.5% during the forecast period.
Fireproof Insulation is an insulating material that is prepared with the help of a fire retardant material. Fireproof Insulations are usually employed to tackle and encounter the dispersion of flames when situations such as a fire disaster occur. The rising construction & industrial activities across the globe is the major driving factor of the market. Additionally, increasing consumer awareness regarding energy consumption also have a positive influence on the market. However, the lack of awareness regarding the benefits offered by fireproof insulations, is the restraint that may hamper the growth of the market.
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Study Objectives of Global Fireproof Insulation Market:
- To provide detailed analysis of the market structure along with forecast for the next 5 years of the various segments and sub-segments of the Global Fireproof Insulation Market.
- To provide insights about factors affecting the market growth
- To analyse the global fireproof insulation market based on tools factors such as Supply Chain Analysis, And Porter’s Five Force Analysis
- To provide historical and forecast revenue of the market segments and sub-segments with respect to regions and their respective key countries
- To provide country level analysis of the market with respect to the current market size and future prospective
- To provide country level analysis of the market for segments by material, by application and by region.
- To provide strategic profiling of key players in the market, comprehensively analysing their core competencies, and drawing a competitive landscape for the market
- To track and analyze competitive developments such as joint ventures, strategic alliances, mergers and acquisitions, new product developments, and research and developments in the Fireproof Insulation Market.
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European region dominates the Global Fireproof Insulation Market, followed by North America. Building safety codes in countries such as U.K., Germany, and France is driving the demand of the market in the region. Asia-Pacific region is expected to grow at the fastest pace during the forecast period mainly due to rapid growth in construction sector.
The key players of Fireproof Insulation Market are ROCKWOOL International A/S (Denmark), Knauf Insulation GmbH (Germany), Saint-Gobain S.A. (France), Owens Corning Corporation (U.S.), Berkshire Hathaway, Inc. (U.S.), BASF SE (Germany), Paroc Group Oy (Finland), Arango Insulation (U.S.), Airkrete Inc. (U.S.), and ROXUL Inc.(Canada).
- Manufacturing Industries
- Distributer & Supplier companies
- consultants and Investment bankers
- Government as well as Independent Regulatory Authorities
- Research Organizations
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