Insulation Materials Market Size, Share, Trends, Development by 2023Posted by pooja on June 3rd, 2019 The increased use of insulation materials in the automotive and oil & gas industries is expected to offer significant market opportunities. Due to the large number of construction activities during the Rio Olympics and the upcoming FIFA World Cup to be hosted by Qatar in 2022, the region of Brazil and Qatar offers promising opportunities. Latin America, Middle East and African (LAMEA) Insulation Materials Market Report, published by Allied Market Research, forecast that the LAMEA Insulation Materials market is expected to reach ,330 million by 2023, growing at a CAGR of 6.9%. Wires & cables application was the highest contributor in terms of revenue to the LAMEA insulation materials market in 2016. Brazil held the leading position in 2016, and is expected to lead in the forthcoming years, owing to the construction activities of various facilities for hosting Rio Olympics. Brazil is also expected to dominate the residential construction segment, as the country is expected to need 11.5 million new homes over the next seven years, which means it needs to build around 1.4 million homes per year, according to a study by the So Paulo Federation of Industries (FIESP), and the Brazilian Equipment and Maintenance Technology Association (Sobratema) in 2015. Access Full Summary at: https://www.alliedmarketresearch.com/lamea-insulation-materials-market
Key players profiled in the report include, BASF SE, Bayer AG, Bridgestone, Evonik Industries AG, Huntsman International LLC, Kingspan, Rockwool International A/S, and Saint Gobain. About Us: Allied Market Research, a market research and advisory company of Allied Analytics LLP, provides business insights and market research reports to large as well as small- & medium-scale enterprises. The company assists its clients to strategize business policies and achieve sustainable growth in their respective market domain. Allied Market Research provides one-stop solution right from data collection to investment advice. The analysts at Allied Market Research dig out factors that help clients understand the significance and impact of market dynamics. The company applies client’s insight on the factors such as strategies, future estimations, growth or fall forecasting, opportunity analysis, and consumer surveys among others. As follows, the company offers consistent business intelligence support to help clients transform into a prominent business firm. Contact Us: David Correa 5933 NE Win Sivers Drive #205, Portland, OR 97220 United States Toll Free (USA/Canada): +1-800-792-5285, +1-503-894-6022, +1-503-446-114 UK: +44-845-528-1300 Hong Kong: +852-301-84916 India (Pune): +91-20-66346060 Fax: +1⟨855⟩550-5975 Like it? Share it! More by this author |