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Fiberglass Duct Wrap Insulation Market research report by 2018 to 2024

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Title: Fiberglass Duct Wrap Insulation Market research report by 2018 to 2024


1
Fiberglass Duct Wrap Insulation Market growth
outlook with industry review and forecasts
2018-2024 Global Market Insights, Inc.
2017 Global Market Insights, Inc. USA. All
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www.gminsights.com
2
  • Global Market Scenario of Construction Industry
  • Fiberglass Duct Wrap Insulation Market size is
    estimated to exceed USD 2 billion by 2024
    according to a new research report by Global
    Market Insights, Inc.
  • Strong outlook in external insulation of
    residential and commercial heating, dual
    temperature and air conditioning components will
    propel the fiberglass duct wrap insulation market
    size.
  • Enhanced thermal resistance leading to lower
    energy usage and improved system performance are
    among the key properties driving the product
    penetration. In addition, improved comfort
    control, easy installation, flexibility and
    condensation controlling features will offer a
    positive outlook for industry growth.
  • Residential application is the fastest growing
    segment in the fiberglass duct wrap insulation
    market registering over 350 million square meters
    by 2024. Government initiatives and supportive
    policies on development of residential
    construction will drive the industry growth.
  • Innovations in production process and increasing
    RD investments are among major factors
    supporting the industry demand.

2017 Global Market Insights, Inc. USA. All
Rights Reserved
www.gminsights.com
3
Continue-
  • Stringent government regulations on essential and
    optimum fabrication on residential and commercial
    HVAC components to improve energy efficiency will
    propel the fiberglass duct wrap insulation market
    demand.
  • Moreover, several standards enacted for the
    product installation by government and
    institutional bodies will support the product
    penetration. Rising demand for insulating
    products along with technological advancements
    and product innovations will fuel the industry
    growth.
  • Growth in global construction industry due to
    rapid urbanization and changing lifestyles will
    propel the product demand. Increasing product
    adoption in commercial as well as residential
    applications is expected to propel the fiberglass
    duct wrap insulation market growth.
  • Improved noise control indoor air quality, high
    energy efficiency along with competitive costs
    than non-fibrous glass solutions are among key
    properties stimulating the industry growth.

2017 Global Market Insights, Inc. USA. All
Rights Reserved
www.gminsights.com
4
Request for a Sample Copy of this Report
_at_https//www.gminsights.com/request-sample/detail
/1768
2017 Global Market Insights, Inc. USA. All
Rights Reserved
www.gminsights.com
5
  • 360 Industry Analysis
  • Shifting preference for duct-based HVAC equipment
    including unitary air conditioning particularly
    for the commercial buildings will support the
    industry demand. Rising awareness for energy
    conservation and sustainable solutions among
    builders and contractors has stimulated the
    product scope.
  • Increasing raw material costs will have a direct
    impact on the fiberglass duct wrap insulation
    price trend. However, limited applicability may
    hamper the product scope particularly in
    components conveying solids or corrosive gases
    and kitchen exhaust applications.

Request for customization_at_ https//www.gminsights.
com/roc/1768 Browse Report Summery_at_
https//bit.ly/2sSUhP5
2017 Global Market Insights, Inc. USA. All
Rights Reserved
www.gminsights.com
6
  • Regional Analysis
  • North America fiberglass duct wrap insulation
    market dominated the revenue share valuing over
    USD 600 million in 2017.
  • Asia Pacific is anticipated to witness growth
    over 6 from 2018 to 2024. Growing population
    along with rising awareness for energy
    conservation and reducing energy cost are among
    key properties driving the industry demand.
  • Competitive Analysis
  • Owens Corning, Johns Manville, CertainTeed and
    Knauf are among major fiberglass duct wrap
    insulation manufacturers. Global industry share
    is highly competitive due to presence of both
    multinational companies and regional players. New
    product launches, mergers and acquisitions,
    production capacity expansion, RD investments
    and collaborations are among major strategies
    adopted by fiberglass duct wrap insulation market
    participants. Other considerable companies
    include Manson, Twiga, Mag-Isover, Frost King and
    Lamtec Corporation.

Make An Inquiry To Purchase This Report _at_
https//www.gminsights.com/inquiry-before-buying/
1768
2017 Global Market Insights, Inc. USA. All
Rights Reserved
www.gminsights.com
7
Latest Research Report On Fiberglass Duct Wrap
Insulation Market_at_https//www.gminsights.com/indu
stry-analysis/fiberglass-duct-wrap-insulation-mark
et Request for sample of this research
report_at_ https//www.gminsights.com/request-sample
/detail/1768 Request for customization https
//www.gminsights.com/roc/1768
2017 Global Market Insights, Inc. USA. All
Rights Reserved
www.gminsights.com
8
Stay In Touch You can visit us at
www.gminsights.com
Thank You!
2017 Global Market Insights, Inc. USA. All
Rights Reserved
www.gminsights.com
www.gminsights.com
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