Fireproof Insulation Market

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Fireproof Insulation Market - Global
Industry Analysis, Size, Share, Growth,
Trends, and Forecast 2016 - 2024
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REPORT DESCRIPTION
Fireproof insulation is an insulating substance made from fire-retardant material. It is employed to protect against
fire attacks. It is primarily used in building materials, clothing, and other applications wherein fireproofing is
required. Fireproof insulation is made from special materials, which are not used for other normal applications. It is
made from standard insulating materials coated with a fireproof layer.
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Based on materials used for making the fireproof insulation, the market for fireproof insulation can be
segmented into fiberglass, stone wool, glass wool, plastic foam, polymers, and others. Glass wool is the highly used
and trusted material of fireproof insulation. The glass wool segment dominated the market in 2015 and is expected
to expand at a steady rate during the forecast period. Glass wool is primarily used in the construction industry. It is
produced in the form of rolls, blankets, slabs, and loose-fill with different thermal and mechanical properties. It is
acoustic, flexible, non-combustible, non-degradable, and light in weight. It is not expensive in comparison to other
insulating materials. The plastic foam segment is expected to be the speedily expanding segment of the global
fireproof insulation market, due to properties of plastic foam insulation materials. The plastic foam is available in
different types such as polystyrene, polyurethane, polyisocyanurate, and phenolic foam. It is used in various forms
such as rigid board insulation and spray-applied insulation. Fiberglass is another material that is used as an
incombustible insulation material. It is a unique product. It is in the form of simply spun glass fibers. Glass is melted
and spun in a centrifuge with small holes. Stone wool is a furnace product of molten rock. It is a natural material
present in large quantities throughout the earth surface. It has mechanical resistance, good thermal performance,
and fire safety. It can withstand high temperature. Polymer fireproof insulation is a rubber material. It is used in
electronic, aerospace, and other applications. The others segment consists of natural materials used as fireproof
insulation.
Based on applications, the fireproof insulation market can be segmented into residential buildings and commercial
buildings. Fireproof insulation is primarily observed in commercial buildings such as organizations and industries.
These are places that actually require safety against fire. Fireproof insulation is equally important in residential
buildings as well. Residential buildings is a major application segment of the fireproof insulation market. This
segment dominates the market, owing to stringent building codes and fire safety regulations in developed countries
such as the U.S., Russia, and Germany. The dominance is also attributable to rising awareness among people about
fire safety and adoption of fire safety regulations by developing countries. Fiberglass and stone wool are highly used
fireproof insulation materials.
Asia Pacific dominates the global fireproof insulation market and it was one of the major consumers of fireproof
insulation material in 2015. Emerging economies such as China, Indonesia, and India hold a major share of the
market in the region, due to the growing construction sector in these countries. Increase in population along with
speedy industrialization is anticipated to boost the market in the region. Also, initiatives for energy saving and
modifications in building regulations have driven the market in the region.
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Some of the key players operating in the global fireproof insulation market include Rockwool International A/S, Knauf
Insulation GmbH, Saint-Gobain S.A., Owens Corning Corporation, Berkshire Hathaway, Inc., BASF SE, and Paroc Oy.
The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical
data, and verifiable projections about market size. The projections featured in the report have been derived using
proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis
and information for every facet of the market, including but not limited to: Regional markets, technology, types, and
applications.
The study is a source of reliable data on:
-Market segments and sub-segments
-Market trends and dynamics
-Market size
-Current trends/opportunities/challenges
-Competitive landscape
-Technological breakthroughs
-Value chain and stakeholder analysis
The regional analysis covers:
-North America (U.S. and Canada)
-Latin America (Mexico, Brazil, Peru, Chile, and others)
-Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
-Eastern Europe (Poland and Russia)
-Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
-Middle East and Africa (GCC, Southern Africa, and North Africa)
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