DUBLIN--(BUSINESS WIRE )--The "North America Industrial Insulation Market 2021-2028" report has been added to ResearchAndMarkets.com's offering.
The North America industrial insulation market size is expected to reach USD 2.37 billion by 2028, registering a CAGR of 3.6%.
Expansion of the industrial sector coupled with stringent regulations associated with industrial safety and gas emissions is anticipated to have a positive impact on the market growth. Insulation system provides long-term as well as immediate benefits to the industry, including protection of equipment, personnel, and system.
The market is highly influenced by the demand from the oil & gas, manufacturing, metal & mining, power, and other end-use industries. The market growth was adversely impacted by the economic crisis caused by the COVID-19 pandemic. The pandemic restricted most of the industrial operations, which had a major impact on the demand from the end-use industries.
Despite the relaxation in restrictions, the construction and manufacturing sectors have not resumed completely, which affects market growth. The market is highly competitive owing to the presence of a large number of major players in the region. Companies, such as Knauf Gips KG, Rockwool Technical Insulation, and Paroc Group, develop a strong business model to adapt to the market volatility and any technological & geographical change.
North America Industrial Insulation Market Report Highlights
Chapter 3. Market Variables, Trends, and Scope
3.4. Business Environmental Tools Analysis: North America Industrial Insulation Market
3.5. North America Industrial Insulation: Material Comparative Analysis
Chapter 4. North America Industrial Insulation Market: Material Estimates & Trend Analysis
4.1. North America Industrial Insulation Market: Product Movement Analysis, 2020 & 2028
Chapter 5. North America Industrial Insulation Market: Product Estimates & Trend Analysis
5.1. North America Industrial Insulation Market: Product Movement Analysis, 2020 & 2028
Chapter 6. North America Industrial Insulation Market: Application Estimates & Trend Analysis
6.1. North America Industrial Insulation Market: Application Movement Analysis, 2020 & 2028
6.5. LNG/LPG Transportation & Storage
Chapter 7. North America Industrial Insulation Market: Regional Estimates & Trend Analysis
7.1. North America Industrial Insulation Market: Regional movement analysis, 2020 & 2028
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ResearchAndMarkets.com Laura Wood, Senior Press Manager press@researchandmarkets.com For E.S.T Office Hours Call 1-917-300-0470 For U.S./CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900