Flexible Insulation Market by Material
(Fiberglass, Elastomer, Aerogel, Cross Linked
Polyethylene), Insulation Type (Thermal,
Acoustic, Electrical), and Region (Americas,
Europe, Asia-Pacific, Middle East & Africa) -
Global Forecast to 2021
No of Pages – 159
Publishing Date - May 10, 2017
Browse detailed TOC, Tables, Figures, Charts in Flexible Insulation Market by Material
(Fiberglass, Elastomer, Aerogel, Cross Linked Polyethylene), Insulation Type (Thermal,
Acoustic, Electrical), and Region (Americas, Europe, Asia-Pacific, Middle East & Africa) -
Global Forecast to 2021 at - https://www.absolutereports.com/10794763
“Presence of strict building codes to drive the flexible insulation market”
The market size of flexible insulation is estimated to be valued at USD 8.27 billion in 2016 and is
projected to reach USD 10.84 billion by 2021, at a CAGR of 5.54% from 2016 to 2021. The flexible
insulation market is expected to be driven due to the strict building codes in countries such as China,
Canada, Germany, the U.K., the U.S., France, Italy, and Spain, among others. Also, the growth in
green buildings accompanied by growing Heating, Ventilation and Air Conditioning (HVAC), and
building & construction industries is expected to drive the demand for flexible insulation, globally.
Lack of awareness about insulation in some of the countries of Africa, and Asia such as Libya,
Western Sahara, Uzbekistan, Tajikistan, North Korea, and Nicaragua act as a restraint for the market.
“Elastomer insulation is estimated to be fastest-growing flexible insulation in terms of value, from
2016 to 2021”
Elastomer insulation is estimated to witness the fastest growth in terms of value, from 2016 to 2021.
The high elongation, high heat resistance, chemical stability, high compressibility, water-repellency,
resistance to cold temperature, and UV-resistance are expected to drive its demand, globally. Also, its
usage in applications such as heating & ventilation pipe work, duct work systems, air-conditioning
pipe work, vessels, curved or irregular surfaces, and chilled water and refrigerant pipelines are
expected to boost its demand globally.
“Asia-Pacific projected to be the fastest growing market during the forecast period in terms of both,
value and volume”