Market Research Report Store Microporous Insulation Market estimated to be USD | Page 4

5 MARKET OVERVIEW 32
5.1 INTRODUCTION 33
5.2 MARKET DYNAMICS 34
5.2.1 DRIVERS 34
5.2.1.1 Highest thermal resistance 34
5.2.1.2 Increasing demand from end-use industries 34
5.2.1.3 Thinner and lighter than conventional insulating material 35
5.2.2 RESTRAINTS 36
5.2.2.1 High manufacturing cost 36
5.2.3 OPPORTUNITIES 36
5.2.3.1 Infrastructure development in emerging economies 36
5.2.4 CHALLENGES 36
5.2.4.1 Lack of awareness and acceptance 36
6 INDUSTRY TRENDS 37
6.1 INTRODUCTION 37
6.2 PORTER’S FIVE FORCES ANALYSIS 37
6.2.1 THREAT OF SUBSTITUTES 38
6.2.2 THREAT OF NEW ENTRANTS 38
6.2.3 BARGAINING POWER OF SUPPLIERS 39
6.2.4 BARGAINING POWER OF BUYERS 39
6.2.5 INTENSITY OF COMPETITIVE RIVALRY 39
6.3 MACROECONOMIC INDICATORS 40
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