Zion Market Research OEM Insulation Market, 2016 - 2024 | Page 3

OEM Insulation Market
Global OEM Insulation Market : Segmentation
The global OEM insulation market is segmented into its material type , end-use industry , and the regions . On the basis of the material type , the global market is segregated into foamed plastics , mineral wool / fiber , and other insulation materials . The foamed plastics are further subsegmented into polyurethane and polyisocyanurate foam , extruded polystyrene foam , expanded polystyrene foam and other foams . Other forms are further sub-categorized into phenolic foam , melamine foam , cellular glass / foamed glass and closed cell elastomeric foam . The mineral wool / fiber category is sub-segmented into cellulose , aerogel , calcium silicate and perlite . Based on the end-use industry , the global OEM insulation market is categorized into industrial , consumer and transportation . The industrial sector is further sub-segmented into building and construction , power / biomass / solar / hydroelectricity generation , refrigeration , petrochemical / oil and gas / LNG , food processing , offshore and subsea and others . The consumer sector is further sub-segmented into cookers , baking ovens , water heaters , lighting and other applications , washers and dryers , barbecues and air conditioning and refrigeration units . The transportation sector is categorized into rail and subway , aerospace and spacecraft , automotive and marine .
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Global OEM Insulation Market : Growth Factors
The OEM insulation market is growing owing to the foamed plastics segment . The foamed plastics insulation accounts the major portion of the OEM market growth in terms of volume . In the developing countries , the economic expansion is the major reason for the rise in demand for the foamed plastic insulation in different verticals such as construction and building and also in