In 2019, the Europe Industrial & OEM Insulation market was estimated at 1,371 thousand tons and is expected to grow to 1,579 thousand tons in 2026 with a growth rate of 3.5% over this period. Germany is the most significant revenue contributor in the Europe industrial & oem insulation market. The region is expected to witness significant developments in the industrial & oem insulation market.
This industry report offers market estimates and forecasts of the Europe market, followed by a detailed analysis of the materials, applications, and countries. The Europe market data on industrial & oem insulation can be segmented by materials: fiberglass, foamed plastic, mineral wool, and others. The mineral wool segment held the largest market share of 44.1% in 2019. However, the foamed plastic segment is expected to witness the highest CAGR during the forecast period. Industrial & oem insulation market is further segmented by applications: commercial HVAC & air distribution, industrial & plant equipment, major household appliances, transportation & equipment, and others. In 2019, the industrial & plant equipment segment held the largest share of the market, and the transportation & equipment segment is anticipated to register the highest CAGR during 2020–2026.
The study provides historical market data (2016-2019) and forecasts from 2020 till 2026. The market size and estimations are provided in terms of volume (thousand tons) considering 2019 as base year and market forecast will be given from 2020 to 2026.
The data-centric report focuses on market trends, status and outlook for segments, and future growth. With comprehensive market assessment across the major geographies such as France, Germany, Italy, Russia, Spain, and United Kingdom the report is a valuable asset for the existing players, new entrants and the future investors.
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