Industry Experts - Market Research Reports, Industry Analysis, Custom Research

Industry Experts, Inc., has released its latest report on Glass Wool or Fiberglass Insulation . According this new report, global value demand for glass wool/fiberglass insulation is projected to rise at a CAGR of 3.4% between 2024 and 2030 reaching US$12.4 billion by 2030 from an estimated US$10.2 billion in 2024. In volume terms, consumption of glass wool/fiberglass insulation worldwide is forecast to grow at a CAGR of 3% over the outlook period to reach 6.4 million metric tons by 2030. The global fiberglass (glass wool) insulation industry experienced significant volatility between 2019 and 2024, driven by fluctuations in demand due to the COVID-19 pandemic, geopolitical tensions, supply chain disruptions, and high inflation rates. After a sharp decline in 2020 as the pandemic unfolded, the market rebounded in 2021 with the easing of restrictions and a surge in construction and industrial activity. Increased home improvement efforts and pent-up demand for appliances li...

Industry Experts, Inc. published an updated 2021 version of its comprehensive market report on Glass Wool/Fiberglass Insulation. This global market report entitled " Glass Wool or Fiberglass Insulation – A Global Market Overview " covers the detailed impact of COVID-19 pandemic on the Glass Wool/Fiberglass Insulation market and projections through 2026. Downturn in the residential and commercial construction markets due to COVID-19 impact, global demand for Glass Wool insulation in Residential Construction and Commercial & Industrial Construction sectors has declined significantly in 2020 compared to that of in 2019. Expected to recover to pre-COVID-19 pandemic levels around 2022, Glass Wool insulation demand in Residential Construction and Commercial & Industrial Construction applications is project to reach 3.2 MTs and 1.2 MTs respectively by 2026, maintaining 2020-2026 volume CAGRs of 3.9% each. Asia-Pacific region is expected to record a robust growth of 5.3% p...

Industry Experts, Inc. unveiled an updated 2018 version of its global market report on Glass Wool Insulation. The new report entitled " Glass Wool or Fiberglass Insulation – A Global Market Overview ", reveals North America is the largest region for Glass Wool volume consumption in the Residential Construction sector while Europe is the leading global region for Glass Wool volume consumption in Commercial & Industrial Construction applications. Whereas Asia-Pacific is projected to exceed all other regions in terms of growth, with a 2017-2024 compounded annual rate of 5.6% account for a consumption of 443.6 thousand metric tons by 2024. Asia-Pacific region is expected to record a robust growth of 5.2% per year through 2017 to 2024, attributed to rising building construction activity and growth in industrial, HVAC and appliances sectors. Particularly, China and India are projected to record the fastest growths in glass wool insulation demand . Recovery in residential and...