Heat flows from one object to another by
conduction, convection or radiation, depending on the physical state of the
medium through which it must flow. Thermal insulation restricts this flow of
heat either by reducing the thermal conduction between the objects or by
reflecting the thermal radiation. In a building, thermal insulation plays a
vital role in regulating the temperature, and saves it from extreme climatic
conditions. Moreover, thermal insulation in building is permanent and has zero
maintenance and operating cost, unlike air conditioner which has high recurring
expenses. Backed by growing construction industry, rising urbanization &
industrialization and increasing disposable income, the demand for thermal
insulation in the GCC region is expected to witness growth over the next five
years. Moreover, greenhouse gas emission reduction, strict regulatory
environment and cost efficiency delivered by these products are expected to
have a positive impact on the region’s thermal insulation market over the next
five years. Furthermore, economic recovery as well as planned or underway
infrastructure project are also expected to drive the GCC thermal insulation
market during forecast period.
According to “GCC
Thermal Insulation Market By Type, By Application, By Country, Competition Forecast and Opportunities, 2011 –
2021”, the thermal insulation market
of the GCC region is projected to cross $975 Million by 2021. In 2015, Saudi
Arabia was the largest demand generator for thermal insulation. In order to
boost religious tourism, the Saudi Arabian government is investing heavily to
develop the hospitality, retail and infrastructure sectors, which resulted in
an increase in construction activities, thereby aiding the country’s thermal
insulation market. Segment-wise, fiberglass dominate the market, as it can be
easily installed and are cost-efficient. However, the market for polyurethane
foam in the GCC region is expected to outpace the rest of the thermal
insulation segments in the coming years. “GCC
Thermal Insulation Market By Type, By Application, By Country, Competition Forecast and Opportunities, 2011 –
2021” discusses the following aspects of GCC thermal insulation market:
- GCC
Thermal Insulation Market Size, Share & Forecast
- Segmental
Analysis – By Type (Fiberglass, Mineral Wool, Polyurethane Foam, Cellulose,
Perlite and Others), By Application (Residential, Commercial and Industrial)
- Country
Analysis – Saudi Arabia, the
UAE, Kuwait, Qatar, Oman and Bahrain
- Changing
Market Trends & Emerging Opportunities
- Competitive
Landscape & Strategic Recommendations
Why You Should Buy This Report?
- To gain an in-depth understanding of GCC thermal insulation market
- To identify the on-going trends and
anticipated growth in the next five years
- To help industry consultants, thermal insulation companies and other stakeholders align their market-centric
strategies
- To obtain research based business
decisions and add weight to presentations and marketing material
- To gain competitive knowledge of leading
market players
- To avail 10% customization in the report
without any extra charges and get research data or trends added in the report
as per the buyer’s specific needs
Report Methodology
The information contained in this
report is based on both primary and secondary sources. Primary research
includes interviews with thermal
insulation suppliers, channel partners and industry experts. Secondary
research includes an exhaustive search of relevant publications such as company
annual reports, financial reports and proprietary databases.