The global active insulation market is estimated to grow at a CAGR of 5.8% during the forecast period. The government initiatives to reduce building mission is the major factor driving the demand for active insulation products. Building and construction sector is accounted for 39% of all carbon emissions across the globe. The energy that is utilized to heat, cool, and light buildings accounts for 28% of carbon emissions and the rest 11% comes from upfront carbon which is linked with the use of materials and construction processes. As a result, government across the countries has taken some initiatives to reduce building and construction emission. In September 2019, Zero Carbon Buildings for All, a multi-layer global Initiative was introduced at the UN Climate Action Summit. This is a strong international coalition to decarbonize the building sector and meet climate goals.
Browse the full report description of "Global Active Insulation Market Size, Share & Trends Analysis Report, By Product (Building and Construction (Mineral Wool, EPS, Glass Wool, and Others), Textile (Polyester, Cotton, Nylon, and Wool)), By Application (Building and Construction (Commercial and Residential), Textile (Active wear, Sportswear, and Others)) and Forecast, 2020-2026" at https://www.omrglobal.com/industry-reports/active-insulation-market
The core component of the initiative includes securing commitments from financial and industry partners and national and local leaders. Additionally, the national governments of the UK, Kenya, Turkey, and UAE announcing their commitment to Zero Carbon Buildings for All. This initiative will widen the scope of active insulation materials that contribute to reducing carbon emissions in the building and construction sector. Insulation materials have thermal insulating properties that offer essential energy and environmental benefits. Insulation products are particularly designed to decrease heat transfer through building structures in commercial, residential, and industrial applications. As a result, insulation products allow consumers to decrease their energy consumption and emission pollutants.
Scope of the Global Active Insulation Market
Market Coverage
Recent Developments in the Global Active Insulation Market
Key questions addressed by the report
o Recovery Timeline
o Deviation from the pre-COVID forecast
o Most affected region/segment
Global Active Insulation Market-Segmentation
By Product
o Mineral Wool
o Expanded Polystyrene (EPS)
o Glass Wool
o Others
o Polyester
o Cotton
o Nylon
o Wool
By Application
o Commercial
o Residential
o Activewear
o Sportswear
o Others
Global Active Insulation Market– Segment by Region
North America
Europe
Asia-Pacific
Rest of the World