Global Fireproof Insulation Material Market Research Report 2017 Global Fireproof Insulation Market | Seite 2

Residential and commercial building accounted for highest portion of market share in 2015.
Rapid industrialization along with rising economic standards has led to increase in
infrastructural establishments
Fire resistant apparel may witness significant growth in fireproof insulation market and was
valued at USD 4.0 billion in 2015 and may exceed USD 5.5 billion by 2024, with gains at over
5.5%.
Global glass wool insulation market may surpass 5 million tons by 2024 owing to increase in
construction spending in China, India, and Brazil. It is primarily light weight, superior tensile
strength, and high resilience making it suitable for automotive, electronics, and aircraft
industries.
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Plastic foam is another dominating segment in fireproof insulation market and may witness
steady growth over the forecast timeframe. It includes polyurethane, phenolic foam,
polystyrene and polyisocynurate.
U.S. plastic foam market size may register USD 26 billion by 2024 and register close to 2.5%.
Rise in disposable income has led to increase in furniture, appliance, and bedding household
products, may drive polyurethane foam market size.
Asia Pacific, driven by India, Japan and China fireproof insulation market size may witness
favorable growth. Increasing government initiatives regarding building safety along with
environmental concerns regarding GHG emissions may stimulate regional growth.
Europe, driven by Italy, UK, France, and Germany fireproof insulation market size, may grow
significantly. Increasing environmental consciousness regarding energy saving accompanied
by supporting building safety codes mainly in the UK and Germany may fuel regional
growth.
Global fireproof insulation market is moderately fragmented. Major players operating in this
industry are Bershire Hathway, Rockwol International, BASF SE, Owens Corning and Saint
Gobain.
Source Report:
https://www.gminsights.com/industry-analysis/fireproof-insulation-market
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