According to the new market research report published by P&S Market Research, global thermal insulation market is projected to reach $101.3 billion by 2025.
Growth in the demand for insulation in residential and non-residential applications (CAGR 2017-2025: +5%/year) owing to the growing importance for energy saving and rising energy costs are expected to trigger the growth of the market during the forecast period. Government initiatives to promote energy efficiency and sustainable development through insulating technologies and increasing demand in residential and non-residential construction are expected to further propel the insulation market growth.
Thermal insulation market is clearly the main focus for C Y N T H I A®.
Lab prototypes / Possible samples