Report

Active Insulation Market Size, Share & Trends Analysis - Global Opportunity Analysis And Industry Forecast 2030

  • Publish Date: Mar,2022
  • Report ID: QI038
  • Page : 200
  • Report Type : PDF (Email)
The global active insulation market size was US$ 149.3 million in 2021. The global active insulation market is forecast to grow to US$ 351.2 million by 2030 by growing at a compound annual growth rate (CAGR) of 5.1% during the forecast period from 2022 to 2030.

Factors Influencing the Market

The increasing demand for active insulation in order to maintain the temperature of buildings is forecast to drive the global active insulation market forward. In addition, the growing number of re-insulation activities in order to conserve energy will surge the growth of the global active insulation market.

The growing number of construction activities and increasing adoption of active insulation will accelerate the growth of the active insulation market. The stringent government policies to boost sustainability are forecast to benefit the global active insulation market.

The benefits of active insulation like easy installation and enhanced insulation are forecast to contribute to the market growth. Furthermore, growing infrastructural developments and sophistication projects will boost the market growth.

Favorable government initiatives to lower greenhouse gas (GHG) emissions will escalate the market growth. In addition, large investments in research and development by textile manufacturers will offer immense growth opportunities for the market.

Escalating income levels and rapid industrialization are forecast to accelerate the market growth during the forecast period.

Leading market companies have embraced sustainable solutions that focus on long-term benefits and the acquisition of high-quality raw materials. Furthermore, by utilizing technologies such as fiber knitting, these firms are working on the conversion of materials into active insulation solutions. All of this will contribute to the growth of the global active insulation market during the study period.

COVID-19 Impact Analysis

The outbreak of COVID-19 has had a substantial impact on the active insulation market. Consumer spending fell drastically due to the loss of jobs and deduction in salaries. As a result, it is forecast to have a long-term impact on the market. Moreover, the demand for active insulation from the residential and commercial sectors has decreased significantly. Thus, the pandemic had a negative impact on the overall market.

Regional Analysis

Due to strict laws governing the use of building insulation products, Europe presently leads the global active insulation industry. Asia-Pacific is predicted to be the fastest-growing active insulation market, owing to rising urbanization and infrastructure expansions. In addition, the presence of major players in North America is forecast to benefit the regional market.

Competitors in the Market

W.L.Gore and Associates
Polartec
PrimaLoft, Inc.
Remmers Limited
Unger Diffutherm GmbH
HDWool
Invista
Virgin
Other Prominent Players
Market Segmentation

The global active insulation market segmentation focuses on Product, Application, and Region.

Based on the product, the active insulation has been segmented into

Textile
Polyester
Cotton
Wool
Nylon
Building & Construction
Glass wool
Mineral wool
Expanded polystyrene (EPS)
Others
Based on the application, the active insulation has been segmented into

Textile
Activewear
Sportswear
Others
Building & Construction
Residential
Commercial
Based on region, the active insulation has been segmented into

North America
The U.S.
Canada
Mexico
Europe
Western Europe
The UK
Germany
France
Italy
Spain
Rest of Western Europe
Eastern Europe
Poland
Russia
Rest of Eastern Europe
Asia Pacific
China
India
Japan
Australia & New Zealand
ASEAN
Rest of Asia Pacific
Middle East & Africa (MEA)
UAE
Saudi Arabia
South Africa
Rest of MEA
South America
Brazil
Argentina
Rest of South America