In the report titled – OEM Insulation market – XploreMR analyzes the demand, trends, scenario and global outlook for the OEM insulation market for the designated forecast period, 2018-2028. OEM Insulation market is estimated to create opportunity at a moderate growth rate. The HVAC and Automotive sector use a significant amount of insulation materials for acoustic, thermal, and fire related purposes. OEM insulation materials such as glass wool and foams are mainly used in pipelines, pumps, compressors, power generators, and turbine rooms in the industrial sector.
Global Chemicals and Materials Industry Outlook
Recycle and reuse practices are impacting the sales of virgin materials, resulting into lesser dependency
Manufacturers continue seeking low-priced feedstock in a bid to marginally reduce pre-production costs. Industry leaders are joining forces to replace fossil fuel-derived feedstock with bio-based alternatives. However, concerns related to producing affordable and sustainable feedstock at mass scale remains a challenge. Access to quality and affordable feedstock will continue to remain a focus area for manufacturers. Chemical manufacturing processes are running on limited energy, while volume of feedstock is getting stranded at ports as disapproval from import authorities keeps disrupting supply chains in sectors, such as oleochemicals and petrochemicals industries.
OEM Insulation Market: Demand for Lightweight Polystyrene Insulation on Rise: Global Industry Analysis 2013-2017 and Opportunity Assessment 2018-2028Buy Now
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