Market Size of Flexible Insulation Industry
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| CAGR | > 5.00 % |
| Fastest Growing Market | Europe |
| Largest Market | Europe |
| Market Concentration | Medium |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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Flexible Insulation Market Analysis
The market for flexible insulation is expected to register a CAGR of over 5%, globally, during the forecast period. The major factors driving the market studied are the growing need for energy-efficient buildings. On the flip side, lack of awareness among consumers and unfavorable conditions arising due to the COVID-19 outbreak are hindering the growth of the market.
- The fiberglass insulation material segment is expected to dominate the global flexible insulation market over the forecast period.
- The European region represents the largest market, and it is also expected to be the fastest-growing market over the forecast period owing to the consumption from countries, such as France, Germany, and Italy.
