A recent market intelligence report that is published by Data Insights Partner on the global Elastomeric foam insulation market makes an offering of in-depth analysis of segments and sub-segments in the regional and international Elastomeric foam insulation market. The research also emphasizes on the impact of restraints, drivers, and macro indicators on the regional and global Elastomeric foam insulation market over the short as well as long period of time. A detailed presentation of forecast, trends, and dollar values of global Elastomeric foam insulation market is offered. In accordance with the report, the global Elastomeric foam insulation market is projected to expand by healthy CAGR over the period of forecast.
Market Insight, Drivers, Restraints & Opportunity of the Market:
Elastomeric Foam Insulation is the mixture of Polyvinyl chloride (PVC), chemical foaming agent and a Synthetic rubber blend, typically nitrile butadiene rubber (NBR) and/or ethylene-propylene-diene monomer (EPDM). It is made without the use of chlorofluorocarbons (CFCs), hydrochlorofluorocarbons (HCFCs), or hydrofluorocarbons (HFCs) which make them suitable for the toughest environmental specifications. It can be easily manipulated to fit around all kinds of equipment, from residential piping to large commercial chillers due to its wide range of shapes and thickness.
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The flexible elastomeric foams possess low thermal conductivity, flexibility, high resistance to moisture, long term performance, wide temperature performance range and good fire performance. They are primarily used in the HVAC and refrigeration systems as a solution against the entry of the moisture and vapor into the systems. It is being widely used as the replacement for natural insulating materials, such as cork.
Rapid growth of the end user industries such as HVAC, automotive, electrical and electronics are projected to propel the demand for the flexible elastomeric foam over the forecasted period.
Plastic pipes are reliable, safe and cost-effective. It is used frequently in all types of buildings and should be thermally insulated to reduce energy consumption and prevent condensation which can open numerous market opportunities for the Elastomeric foam insulation market
Availability of more colors, including white saves users the extra time and expense of priming or painting on indoor applications
With growing importance of energy efficiency and excellent low thermal conductivity property has increased the demand of flexible elastomeric foam to find in the HVAC industry
Elastomeric foam does not contain formaldehyde, has very low volatile organic compounds, moisture resistance, making it favorable IAQ advocates
In August 2018, Armacell acquired Guarto SRL, an Italian manufacturer of acoustic insulation solutions. This helped Armacell to expand advanced insulation and engineered foams product portfolio and cater to the demand for flexible elastomeric foam in South Europe.
One of the most exciting advances in elastomeric foam is the availability of insulation with a built-in antimicrobial.
This market intelligence report on the global Elastomeric foam insulation market encompasses market segments based on type, technology, end use and country.
By Type the global Elastomeric foam insulation market has been divided into:
- Natural Rubber/Latex
- Nitrile Butadiene Rubber (NBR)/Polyvinyl Chloride (PVC)
- Ethylene Propylene Diene Monomer (EPDM)
By Technology the global Elastomeric foam insulation market has been divided into:
- Thermal Insulation
- Acoustic Insulation
By End-user the global Elastomeric foam insulation market has been divided into:
- Electrical & Electronics
By country/region, the global Elastomeric foam insulation market has been divided into:
- North America (the U.S., Canada),
- Latin America (Brazil, Mexico, Argentina and other countries),
- Europe (Germany, France, the U.K., Spain, Italy, Russia, and other countries),
- Asia Pacific (India, Japan, China, Australia and New Zealand and other countries),
- Middle East and Africa (GCC, South Africa, Israel and Other countries)
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Profiling of Market Players:
This business intelligence report offers profiling of reputed companies that are operating in the market. Companies such as:
- Armacell International SA (Germany)
- Hira Industries (UAE)
- Zotefoams PLC (UK)
- L’Isolante K-Flex S.P.A (Italy)
- Kaimann Insulation (Germany)
- Huamei Energy-saving Technology Group Co., Ltd. (China)
- Jinan Retek Industries Inc. (China)
- Aeroflex USA, Inc. (US)
- NMC Insulation (Belgium)
- Anavid Insulation Products Kiryat Anavim Ltd.(Israel)
- YEOCHUN NCC Co., Ltd
Others have been profiled into detail so as to offer a glimpse of the market leaders. Moreover, parameters such as Elastomeric foam insulation market related investment & spending and developments by major players of the market are tracked in this global report.
In-depth analysis of the micro and macro indicators, market trends, and forecasts of demand is offered by this business intelligence report. Furthermore, the report offers a vivid picture of the factors that are steering and restraining the growth of this market across all geographical segments. In addition to that, IGR-Growth Matrix analysis is also provided in the report so as to share insight of the investment areas that new or existing market players can take into consideration. Various analytical tools such as DRO analysis, Porter’s five forces analysis has been used in this report to present a clear picture of the market. The study focuses on the present market trends and provides market forecast from the year 2020-2028. Emerging trends that would shape the market demand in the years to come have been highlighted in this report. A competitive analysis in each of the geographical segments gives an insight into market share of the global players.
Ø This study offers comprehensive yet detailed analysis of the Elastomeric foam insulation market, size of the market (US$ Mn), and Compound Annual Growth Rate (CAGR (%)) for the period of forecast: 2020-2028, taking into account 2019 as the base year
Ø It explains upcoming revenue opportunities across various market segments and attractive matrix of investment proposition for the said market
Ø This market intelligence report also offers pivotal insights about various market opportunities, restraints, drivers, competitive market strategies of leading market players, emerging market trends, and regional outlook
Ø Profiling of key market players in the world Elastomeric foam insulation market is done by taking into account various parameters such as company strategies, distribution strategies, product portfolio, financial performance, key developments, geographical presence, and company overview
Ø The data of this report would allow management authorities and marketers of companies alike to take informed decision when it comes to launch of Type of models, government initiatives, marketing tactics and expansion, and technical up gradation
Ø The world market for Elastomeric foam insulation caters to the needs of various stakeholders pertaining to this industry, namely suppliers, manufacturers, investors, and distributors for Elastomeric foam insulation market. The research also caters to the rising needs of consulting and research firms, financial analysts, and new market entrants
Ø Research methodologies that have been adopted for the purpose of this study have been clearly elaborated so as to facilitate better understanding of the reports
Ø Reports have been made based on the guidelines as mandated by General Data Protection Regulation
Ø Ample number of examples and case studies have been taken into consideration before coming to a conclusion
Reasons to buy:
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v Identification of key factors driving investment opportunities in the Elastomeric foam insulation market
v Facilitate decision-making based on strong historic and forecast data
v Position yourself to gain the maximum advantage of the industry’s growth potential
v Develop strategies based on the latest regulatory events
v Identify key partners and business development avenues
v Respond to your competitors’ business structure, strategy and prospects
v Identify key strengths and weaknesses of important market participants
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