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OEM Insulation Materials Market report categorizes the industry by materials, end user, and insulation type - Global Industry Insights, Trends, Outlook, and Opportunity Analysis, 2017–2025
OEM Insulation Materials Market - Global Industry
Insights, Trends, Outlook, 2018–2026
The term OEM stands for Original Equipment Manufacturer, which refers to an
organization that manufactures a part or a subsystem that is used by another
company product. An insulating product is one that minimizes heat gain or loss
by creating a blockage between the surfaces that are different in temperature.
There are various types of insulation available in the market such as sprayed
form, structural insulated panels, concrete, foam boards, reflective and fiber
insulation.
The major sector where OEM insulations are used is the industrial sector. The
growing demand for insulation services in wide scope of applications in
industrial as well as commercial sector has fuelled market growth OEM
insulation across the world. The major end-user industries of OEM insulation
are automotive, construction, aerospace, and consumer appliances among
others.
The use of OEM insulation in commercial and residential buildings reduces the
energy cost by around 10% to 20%. The various materials used for the purpose
of insulation are fiber glass, foamed plastics and mineral wool such as glass
wool and stone wool. The most common type of material used for insulation in
construction industry is glass mineral wool.
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OEM Insulation Market Outlook - Asia Pacific is expected to be the most
lucrative region for the key players operating in the global OEM Insulation
Materials Market
The regional segmentation for global OEM insulation market includes North
America, Europe, Latin America, Asia Pacific, Middle East and Rest of the
Africa. Asia Pacific holds a dominant position in the global OEM insulation
market owing to a vast demand for commercial and domestic buildings which
require insulation materials for its construction purposes. The rising awareness
about the advantages of OEM insulation materials such as obtaining an energy
efficient building, rise in energy prices and booming construction activities in
countries such as India and China are the main drivers for the growing OEM
insulation materials market in Asia Pacific. Booming automotive industry in
India is also a major contributor to the growth of OEM insulation market in Asia
Pacific.
Key Players operating in the global OEM insulation market include Knauf
Insulation, Johns Manville, Fomo Products Inc., Paroc Group, Owens Corning
Insulating Systems LLC., Roxul Inc., Shanon enterprises, Saint Gobin, ACH
Foam Technologies, Armacell International and Rockwool International among
various others.
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pallavi.reddy
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