OEM INSULATION MATERIALS MARKET ANALYSIS

Regional Analysis

The regional segmentation for global OEM insulation market includes North America, Europe, Latin America, Asia Pacific, Middle East and Rest of the Africa. Asia Pacific holds a dominant position in the global OEM insulation market owing to a vast demand for commercial and domestic buildings which require insulation materials for its construction purposes. The rising awareness about the advantages of OEM insulation materials such as obtaining an energy efficient building, rise in energy prices and booming construction activities in countries such as India and China are the main drivers for the growing OEM insulation materials market in Asia Pacific. Booming automotive industry in India is also a major contributor to the growth of OEM insulation market in Asia Pacific.