March 11, 2021 15:00 ET | Source: Emergency Research Emergency Research

Vancouver, British Columbia, March 11, 2021 (GLOBE NEWSWIRE) - According to the latest analysis of Emergen Research, the global insulation materials market is expected to reach US$82.96 billion in 2027, and a moderate compounding will be recorded during the forecast period Annual growth rate. Due to the increasing attention to the demand for reducing building energy consumption and the increasing demand for insulating materials, the market revenue is growing very high and is expected to grow rapidly. Insulation of roofs, walls, attics and foundations is an important requirement for energy-efficient residential buildings. Glass is not a good insulator, and the deployment of insulating materials on transparent windows, envelopes and skylights will greatly reduce heat loss or increase in heat, thereby reducing heat transfer and vapor condensation. Therefore, the insulating material can prevent moisture, freezing, mildew and deformation in buildings and structures due to corrosion.

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Insulation materials in automotive applications can provide a strong heat loss barrier and maintain an optimal temperature to improve engine performance and reduce carbon dioxide emissions. The effective heat insulation of the car plays a vital role in optimizing thermal management, which is of great significance for providing better battery backup and longer battery life. In addition, it increases the convenience of passengers.

Some key highlights from the report

Check our prices @ https://www.emergenresearch.com/select-license/207 Emergen Research has segmented the global insulation materials market based on product types, distribution channels, applications and regions:

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