Home USA News Polyisocyanurate Insulation Market projected to reach a value of US$ 19,030.6 Mn...

Polyisocyanurate Insulation Market projected to reach a value of US$ 19,030.6 Mn By the end of the forecast period – Press Releases

Diverse Benefits Making Polyisocyanurate Insulation Popular in Commercial and Residential Construction Markets

Application of polyisocyanurate insulation includes cold storage warehouses, private offices, medical buildings, airports and other industries that requires insulation materials.

Consumers are increasingly adopting sources for energy-efficient outcomes and moving towards sustainability, further driving the adoption of polyisocyanurate insulation materials across industry verticals. Considered stable for a wide range of temperature, builders are increasingly using light weighted polyisocyanurate insulation materials for conventional roof and wall assemblies.

Most importantly, sales of polyisocyanurate insulation materials is significantly rising considering key environment friendly aspects such as being CFC, HCFC, HFC free blowing agent along with zero ozone depletion potential.

Polyisocyanurate insulation is used in over 70% of commercial and residential markets for both wall and roof applications. The construction industry is under immense pressure to achieve increasing levels of energy performance and minimize environmental impact associated with increased energy consumption.

Intensifying Demand for Efficient Cold Chain Operations to Fuel Polyisocyanurate Insulation Sales

Close to US$ 750 Bn worth of food being wasted or lost, each year is putting global trade agencies in a tough spot. Since, most of these losses stem from poor supply cold chain networks along with lack of trained personnel involved in storage and transportation, significant demand for refrigerated trucks and carriers with efficient insulation is anticipated to drive the polyisocyanurate insulation adoption.

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Global trade associations and organizations are focusing on developing a robust global cold chain network through improved regulatory framework, encouraging investment in development of efficient cold chain networks, utilizing polyisocyanurate insulation material in the refrigerated freight services market.

Sales of Eco-Friendly, Energy Saving Polyisocyanurate Insulation Products Anticipated to Augment Through 2028

Recyclable and in accordance with new insulation standards, polyisocyanurate insulation possesses practically no global warming potential and zero ozone depletion potential, making it a widely used eco-friendly insulation material, with highly attractive growth prospects in the coming years. Moreover, an array of initiatives have been taken up by Governments, in a bid to reduce CO2 emissions.

Growing public awareness apropos of climate change has proliferated the need for renewable energy systems and energy waste reduction initiatives. This increasing public awareness has also resulted in immense opportunities for manufacturers to develop high-performance insulation products. Using polyisocyanurate insulation would contribute directly to the initiatives associated with energy conservation, eventually mitigating the effects of global warming.

Innovative product development to improve efficacy, expansion of production capacity to cater to the growing demand for polyisocyanurate insulation in niche applications, and other feasibility studies coupled with strengthening distribution network to maintain the adequate supply of polyisocyanurate insulation are some key strategies adopted by top players to solidify their positions in the market.

Polyisocyanurate Insulation Market by Category

By Type :

  • Liquid
  • Spray
  • Rigid Foam/ Board

By Application :

By End Use :

  • Building & Construction
  • Walls
  • Transport
  • Consumer Appliances
  • Others

By Region :

  • North America
  • Latin America
  • Western Europe
  • Eastern Europe
  • SEA&P
  • China
  • Japan
  • Middle East and Africa (MEA)

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Key Questions Answered in the Report
What is the current size of the global business of Polyisocyanurate Insulation?
What is the consumption outlook of Polyisocyanurate Insulation in the Global market?
Which product type is expected to witness a significant growth rate in the industry of ferric sulphate and polyferric sulphate?
Who are the top players in the Global Market of Polyisocyanurate Insulation and what is their total share?
What is the market outlook of Polyisocyanurate Insulation of China?

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