Glass Market

Fiberglass Duct Wrap Insulation Market: Industrial Applications Witness Fastest Growth up to 2024

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Market Study Report adds global Fiberglass Duct Wrap Insulation market report that gives meticulous investigation of current scenario of the market size, share, demand, growth, trends, companies active in the industry and forecasts for the coming years.

Fiberglass duct wrap insulation market is expected to generate strong demand owing to high operating temperature range from 400 F to 2500 F i.e. 400 C to 2100 C. It is highly effective when installed over sealed sheet metal ducts prevent heat transfer along with controlling moisture condensation. Thereby, these benefiting superior material property is anticipated to propel market demand during the forecast period.

This report focuses on the top Manufacturers and players in global market are given bellow:-

Manson, Lamtec Corporation, Thermaire, GAF, Twiga, and Manson

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Fiberglass Duct Wrap Insulation Market Size, By Technology (Rotary, Reciprocating, Centrifugal)

By Lubrication (Oil Free, Oil Filled), By Application (Home Appliances, Food & Beverage, Oil & Gas, Energy, Semiconductor & Electronics, Manufacturing, Healthcare)

Industry Analysis Report, Regional Outlook (U.S., Canada, Germany, UK, France, Spain, Italy, Russia, China, India, Japan, Australia, Indonesia, Malaysia, South Korea, Brazil, Mexico, South Africa, Saudi Arabia, UAE, Kuwait)

Growth Potential, Price Trends, Competitive Market Share & Forecast, 2018 – 2024

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Inclination towards energy conservative initiatives by the governments to reduce the overall energy consumption by the HVAC equipment will support the industry demand. For instance, U.S. government and DoE are focusing on eco-friendly insulating materials in HVAC equipment components to prevent higher electricity usage is expected to fuel market revenue during forecast time frame.

The emerging countries are concentrating to prevent losses by the installation of insulating material in infrastructures such as residential housing, commercial building, and industrial application are propelling fiberglass duct wrap insulation market share.

Surging demand for fiberglass duct wrap insulating products owing to high heat loss reduction that saves energy bills in several industries. It is specially designed for application in exteriors of sheet metal heating, ventilation, and air conditioning ducts to facilitate building environment.

With facings fiberglass duct wrap insulation market is expected to generate over 6% CAGR up to 2024. Increasing demand for with facings type owing to fire resistance property, fungi resistance along with insulating benefits in reducing heat losses, eliminates condensation in cold duct surfaces are key factors boosting fiberglass duct wrap insulation market share.

Commercial & industrial fiberglass duct wrap insulation market contributed more than 60% industry share in 2017. Rising infrastructure development including warehouses, supermarkets & hypermarkets, schools, colleges, shopping malls, caf?, and hotels are fueling product demand during forecast time frame. Hotter climate countries and rising global temperature are among key aspects stimulating usage of HVAC systems & components for thermal comforts assertively supporting product demand.

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Flat Glass Market Trends Global Industry Analysis, Top Manufacturers, Share, Growth, Statistics, Opportunities & Forecast to 2024

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MaketStudyReport.com adds a new Flat Glass Market research report for the period of 2017-2024 that shows the market is growing at steady CAGR to 2024.

Flat glass is extensively used in construction industry replacing conventional bricks, wood and stone. Positive outlook towards growth in infrastructural spending for building airports and residential buildings coupled with strict amendments regarding use of ecofriendly building materials will drive industry growth.

Flat Glass Market will surpass USD 130 billion by 2024; as per a new research report.

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Strong outlook towards increase in automotive production meeting the global demand owing to rise in middle class income level and consumer preference for luxury automobile should propel flat glass demand. Positive application scope for increasing usage in manufacturing windshields & window for cars and in sunroof for aesthetic appearance should drive product demand.

Flat laminated glass market is poised to surpass USD 40 billion in sales by 2024. It is prominently used for skylight in construction and as windshield in automotive industry. Strong application indicator in windows, curtain walls, automotive windshield and storefront exterior should impact positively on product demand.

Global flat glass market share is highly competitive and fragmented with major industry participants include Asahi, Guardian Group, GSC, Asahi India, Astro Cam and NSG Group. Companies collaborate with others to expand their regional presence and establish core competencies to strengthen market position.

Raw materials used in manufacturing flat glass include silica, limestone, soda ash and natural gas. Volatile raw material prices along with risk of procurement may challenge industry profitability thereby affecting flat glass market price trend. However, stringent environmental regulations on using hazardous substances supported by government initiatives pertaining to use of ecofriendly & energy saving building materials should surge product demand.

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Flat tempered glass market may witness growth at over 7% owing to extensive use in household & building application. These products on impact breaks into small pieces and used in automotive application to reduce risk of injury in case of accidents. Other household application includes table, shelves, partitions and shower enclosures.

Shifting consumer inclination towards green building owing to rising environmental concerns is likely to favor industry growth. Growing awareness pertaining to usage of renewable energy resources to control environmental impact has led to rise in demand for flat glass in domestic applications and electricity generation thereby stimulating industry growth.

Europe flat glass market led by Germany, Italy and Russia anticipates growth at over 5.5% due to its expanding automotive industry and presence of major automobile manufacturers in the region. Growing environmental concerns has led to rise in emphasis on use of energy efficient technologies thereby contributing towards flat glass market.

Automotive applications from flat glass market should witness strong gains and surpass 1.8 billion sqr. mtrs in demand. Rising influence on safety owing to high accidental mortality rate may fuel product demand. Increasing usage to reduce vehicle weight in compliance with regulatory norms to control carbon emissions should positively favor industry growth.

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Related Reports: –

Global Coated Flat Glass Industry Market Analysis & Forecast 2018-2023

Global Coated Flat Glass Industry Market Analysis & Forecast 2018-2023, the revenue is valued at USD XX million in 2017 and is expected to reach USD XX million by the end of 2023, growing at a CAGR of XX% between 2018 and 2023. The production is estimated at XX million in 2017 and is forecasted to reach XX million by the end of 2023, growing at a CAGR of XX% between 2018 and 2023.

https://www.marketstudyreport.com/reports/global-coated-flat-glass-industry-market-analysis-forecast-2018-2023/?utm_source=RR-SP

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