The hottest global thermal insulation Market in 20
2022-10-16- Detail
The global thermal insulation market value in 2018 was $4.8 billion
it is reported that the global thermal insulation market value in 2018 will reach $4.8 billion. Natural gas and industrial gas are the main driving forces for the development of the insulation market, among which the improvement of infrastructure and the demand for a better working environment are the main reasons. The demand for thermal insulation materials in existing and emerging applications has increased significantly
North America has become the main contributor to global market growth due to strong demand for advanced thermal insulation materials. At the same time, China has invested a lot of money in infrastructure and manufacturing, so the local insulation market is also booming. In Nigeria, Kenya and South Africa, the implementation of the energy efficiency act will increase the demand for thermal insulation materials in the rest of the world
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