Weatherization Services Market to Flourish With an Impressive CAGR of 3.8% During 2018-2028 - Seite 2

Further, to curb carbon dioxide emissions, the use of lightweight insulation materials with promising mechanical properties, such as stiffness, rigidity, elevated temperature durability and chemical resistance, is expected to increase. Thus, in order to gain competitive edge, key players are likely to invest significantly to develop high-performance insulation products in the weatherization services market.

Preview Analysis Global Weatherization Services Market Segmentation By application- sidewall insulation, Foam insulation; construction type- new construction and retrofit segments: https://www.futuremarketinsights.com/reports/weatherization-services-market

Global Weatherization Services Market: Segmentation Overview 

• On the basis of application, the sidewall insulation segment dominates the global weatherization segment market. While the segment is projected to lose market share to attic insulation segment by the end of THE forecast period, it is yet expected to maintain its prominence during the forecast period. Foam insulation is expected to be the prime material preferred for various applications and its popularity will be followed by the popularity of fiberglass for various applications in the global weatherization services market
• On the bases of construction type, the weatherization services market has been segmented into new construction and retrofit segments. The new construction segment dominated the Weatherization services market in 2017 and is expected to gain further traction owing to the steady growth of the construction industry
• On the bases of end use, the weatherization services market has been segmented into residential and commercial & institutional. The commercial & institutional segment is expected to witness 1.5X growth in the global weatherization services market over the forecast period.

Global Weatherization Services Market: Regional Overview 

Western Europe, followed by North America, dominated the global weatherization services market in 2017. However, over the course of the forecast period, the Western Europe weatherization services market is estimated to lose its dominance to North America weatherization services market. North America and Western Europe are collectively expected to account for over half of the global weatherization services market. Further, the top 5 countries in the Weatherization services market account for about half of the overall market. The weatherization services market is expected to witness significant growth in developing economies over the forecast period.