Insulation is the process of sustaining heat, sound, or electricity from spreading outside the surrounding. A proper insulation system reduces energy costs to save financials and supports the environment. A well-designed insulation system comprises low energy utility with a minimum number of particulates such as VOCs, C.E.s, NOX, SOX, carbon monoxide, and mercury to improve the performance of controlling environmental pollution. An insulation system balances operating safety, enhances product quality check, and maintains process temperature. Insulation systems are used in multiple application areas such as infrastructure, transportation, industrial, appliances, and packaging.

To have an edge over the competition by knowing the market dynamics and current trends of “Insulation Market”, request for Sample Report here

The major factors responsible for the growth of the GCC insulation market include the increasing demand for sustainable residential buildings and the rising consumer consciousness regarding energy conservation among population. Furthermore, the increasing government regulation related to sustainability and green building development projects will further boost the growth of the GCC insulation market. For instance, Regulations in April 2010, the Dubai Electricity and Water Authority issued the second phase of its green building to reduce the demand for energy in the newly constructed buildings by 40%.

The Government of Abu Dhabi has developed a periodical measure to deal with unsustainable designs of residential and commercial buildings for mitigation against greenhouse gas emissions under the program named as the Estidama Program and the Pearls green building rating system. The program enabled the building code under the Emirates Green Buildings Council for sustainable surroundings. Rapid urbanization with high disposable income amongst the middle-class families is driving the demand of the GCC insulation market. The major giants are planning to adopt for the technological advancement in thermal insulation, such as vacuum panels and R&D activities, which are bolstering the growth of the GCC insulation market over the forecast period. However, the fluctuations in the prices of raw materials is a key restraint for the GCC Insulation market.

Do you want to know more about the Research process and detailed Methodology, Request Research Methodology of this report

Based on Product, the Expanded polystyrene segment is expected to grow at a higher CAGR during the forecast period due to its unique properties such as higher flexibility, compatibility, and lightweight. Moreover, expanded polystyrene comprises stable R-value with a high shelf-life that can be placed below grade. It is further resistant to the moisture for insulating the building walls above a barrier membrane. All these factors will drive the growth of the expanded polystyrene segment.

Based on Application, the Infrastructure segment is projected to grow at a faster CAGR due to the growing demand of the insulated building in the real estate industries during the forecast period. Moreover, the rising number of government initiative programs for urban planning is also boosting the growth of this segment. The Roads and Transport Authority (RTA) launched 29 initiatives under the government’s Smart City project, Dubai to fulfill usage of the technology and innovation for settlement of the urban cities.

In case, any of your pain points areas are not covered in the current scope of this report, Request for Customization here

Based on the countries, the United Arab Emirates is projected to grow at a higher CAGR rate during the forecast period owing to the increasing technological innovation in real estate to build smart and green cities. In addition to this, the rising government initiatives to diminish carbon footprint and greenhouse gas emission for ecological sustainability will further surge the growth of the UAE Insulation market over the forecast period.

Various notable players operating in the market include Huntsman International LLC, Roxul Inc., Dow Building Solutions, Saint-Gobain S.A., Kingspan Group, BASF Polyurethanes GmbH, Knauf Gips KG, Armacell International Holding GmbH, Covestro AG, Bridgestone Middle East & Africa FZE, and 3M Gulf Ltd., among others.

Key Developments:

• • In 2019, Huntsman Corporation planned to open a new polyurethane system house in Dubai. The systems house is located in the Jebel Ali Free Trade Zone (JAFZA) to strengthen the production capacities by producing polyurethane systems and polyester polyols for end-users throughout the region.
  • In 2018, Kingspan Insulation LLC introduced a new insulation line Kingspan Thermaroof™ TR22, in the UAE. The Kingspan Thermaroof™ TR22 is available with a thickness of 20mm and characterized with a fiber-free insulation core to attain a thermal conductivity as low as 0.028 W/m∙K.

The GCC Insulation market has been segmented based on Product, Application, and scountries. Based on Product, the market is segmented Glass Wool, Mineral Wool, Expanded Polystyrene (EPS), Extruded Polystyrene (XPS), CMS Fibers, Calcium Silicate, Aerogel, Cellulose, Polyiso (PIR), Phenolic Foam and Polyurethane. Based on Application, the market is segmented Infrastructure, Industrial, HVAC & OEM, Transportation, Appliances, Furniture and Packaging. The Infrastructure segment is further divided into Residential Construction and Non-residential & Commercial Constructions. The Transportation segment is further divided into Automotive, Marine and Aerospace. Based on countries, the market is segmented into UAE, Saudi Arabia, Oman, Kuwait, and the Rest of GCC.

For detailed scope of the “Insulation Market” report request a Sample Copy of the report

Key questions answered in this research report:

• • At what pace is the GCC Insulation market growing? What will be the growth trend in the future?
  • What are the key drivers and restraints in the GCC Insulation market? What will be the impact of drivers and restraints in the future?
  • Which Product generated maximum revenues in 2019 and identify the most promising Product during the forecast period?
  • What are the various application areas of GCC Insulation market and how they are poised to grow?
  • What companies are the major participants in this market and their business strategies, how does the competitive landscape look like?

Report Coverage	Details
Market Base Year	2019
Market Forecast Period	2020-2027
Market Revenues Currency	USD Million
Base Year & Forecast Units	Revenues (USD Million)
Market Segment	By Product, By Application and By Countries
Regional Coverage	GCC
Companies Profiled	Huntsman International LLC, Roxul Inc., Dow Building Solutions, Saint-Gobain S.A., Kingspan Group, BASF Polyurethanes GmbH, Knauf Gips KG, Armacell International Holding GmbH, Covestro AG, Bridgestone Middle East & Africa FZE, 3M Gulf Ltd, among others; A total of 11 Companies Covered.
25% Free Customization Available	We will customize this report up to 25% as a free customization to address our client’s specific requirements

Market Segmentation:

GCC Insulation Market by Product

• • Glass Wool
  • Mineral Wool
  • Expanded Polystyrene (EPS)
  • Extruded Polystyrene (XPS)
  • CMS Fibers
  • Calcium Silicate
  • Aerogel
  • Cellulose
  • Polyiso (PIR)
  • Phenolic Foam
  • Polyurethane

GCC Insulation Market by Application

• • Infrastructure
    • Residential Construction
    • Non-residential & Commercial Constructions
  • Industrial
  • HVAC & OEM
  • Transportation
    • Automotive
    • Marine
    • Aerospace
  • Appliances
  • Furniture
  • Packaging

    GCC Insulation Market by Countries

• • UAE Insulation Market All-Up (Option 1: Free 25% Customization)
  • Saudi Arabia Insulation Market All-Up (Option 2: Free 25% Customization)
  • Oman Insulation Market All-Up (Option 3: Free 25% Customization)
  • Kuwait Insulation Market All-Up (Option 4: Free 25% Customization)
  • Rest of GCC Insulation Market All-Up (Option 5: Free 25% Customization)

Leading market players (Option 6: Free 25% Customization – Profiles of 5 Additional Companies of your Choice) 

• • Huntsman International LLC
  • Roxul Inc.
  • Dow Building Solutions
  • Saint-Gobain S.A.
  • Kingspan Group
  • BASF Polyurethanes GmbH
  • Knauf Gips KG
  • Armacell International Holding GmbH
  • Covestro AG
  • Bridgestone Middle East & Africa FZE
  • 3M Gulf Ltd.