Press release
Energy Efficient Material Market Current Insights and Future Pathways 2024 - 2031 | China National Materials Group Corp.
Market Overview:
The global energy efficient material market size is projected to reach US$ 16.56 billion by 2025, and register a CAGR of 7.1% over the forecast period (2019 - 2027).
Market Dynamics:
The demand for energy efficient materials is growing driven by the increasing focus on green buildings globally. Various government initiatives and incentives for energy efficient construction are also driving the adoption of these materials. Additionally, adoption of strict energy conservation building codes (ECBC) in many countries has further increased the installation of energy efficient insulation, glass and other products in new constructions as well as existing building retrofits. rising energy costs and focus on reducing carbon footprint are some other factors accelerating the energy efficient material market growth.
🔍 Sample Copy of the Report @ https://www.coherentmarketinsights.com/insight/request-sample/2927?utm_source=openpr.com&utm_medium=referral
Energy Efficient Material Market Drivers:
Climate Change and Global Warming Concerns Driving The Demand for Energy Efficient Materials
Global warming and climate change has become a major threat to humanity today. There is scientific consensus that human activity such as greenhouse gas emissions are contributing significantly to raising temperatures around the world. This has led to rising sea levels as ice caps are melting at alarming rates. Climate scientists warn that unless strong action is taken to reduce emissions, the impacts of climate change will be irreversible and catastrophic. Governments around the world are taking major initiatives to transition to clean and renewable energy sources as well as improve energy efficiency to curb emissions. Material manufacturers are developing new energy efficient materials that can help reduce energy consumption in buildings and various industries such as construction, automobile, and consumer goods. Materials like insulated glazing, aerogel blankets, and phase change materials are finding growing demand as they help improve the thermal resistant properties of products and lower energy bills for consumers and businesses over the lifetime of products.
Energy Efficient Material Market Opportunity:
Growing HVAC Systems Market Opens Avenues for Phase Change Materials
Heating, ventilation, and air conditioning (HVAC) systems accounts for a significant portion of global energy consumption. As temperatures rise due to climate change, demand for effective HVAC solutions is growing rapidly around the world especially in hotter regions. HVAC manufactures are incorporating more advanced technologies like inverters, VRV systems, and variable refrigerant flow units to improve energy performance. Within HVAC systems, thermal energy storage using phase change materials (PCMs) provides a highly effective way to improve efficiency and reduce peak loads. PCMs can absorb, store, and release large amounts of energy as they change phase between solid and liquid forms. When applied in HVAC applications like building insulation, outdoor units, ductwork, and indoor air conditioning units, they can considerably cut energy use and costs for cooling and heating. The surging HVAC market therefore opens a major commercialization opportunity for suppliers of PCMs as their adoption grows. Material companies are developing advanced PCMs with optimal thermal properties suited for various climates. This presents an avenue to tap the multi-billion dollar HVAC industry with energy efficient thermal management solutions.
🛒 You Can Purchase Complete Report @ https://www.coherentmarketinsights.com/insight/buy-now/2927
Top Companies Included in This Report:
★ China National Materials Group Corp.
★ Fiber Glass Industries Inc., Guardian Building Products
★ Owens Corning Corporation
★ Taishan Fiberglass Inc.
★ Chongqing Polycomp International Corp
★ PPG Fiber Glass
★ Saint-Gobain Vetrotex.
Market Segmentation:
Based on Product Type:
★ glass, rock and slag wool material
Based on Applications:
★ cool roofing, lighting, home appliances, and building materials
Key Regions/Countries Classified as Follows:
» North America (U.S., Canada, Mexico)
» Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)
» Asia-Pacific (China, India, Japan, Singapore, Australia, New Zealand, Rest of APAC)
» South America (Brazil, Argentina, Rest of SA)
» Middle East & Africa (Turkey, Saudi Arabia, Iran, UAE, Africa, Rest of MEA)
Reasons to Purchase This Report:
📈 Regional Insights: Understand regional consumption patterns and factors influencing the market in different areas.
📈 Global Opportunities & Threats: Discover opportunities and challenges faced by global suppliers in the IELTS Training Platform sector.
📈 Growth Potential: Identify the fastest-growing regions and sectors.
📈 Competitive Landscape: Review market rankings, recent product launches, partnerships, expansions, and acquisitions of leading companies.
📈 Company Profiles: Access comprehensive corporate profiles, including company overviews, insights, product benchmarks, and SWOT analyses of key market players.
📈 Market Outlook: Get current and future market outlooks, including recent developments, growth opportunities, drivers, challenges, and regional constraints
FAQ:
What is the scope of this report?
Does this report estimate the current market size?
Does the report provide market size in terms of Value (US$ Mn) and Volume (thousand ton/metric ton/cubic meter)?
Which segments are covered in this report?
What are the key factors covered in this report?
Does this report offer customization options?
💎 Request For Customization at: @ https://www.coherentmarketinsights.com/insight/request-customization/2927
Author Bio:
Vaagisha brings over three years of expertise as a content editor in the market research domain. Originally a creative writer, she discovered her passion for editing, combining her flair for writing with a meticulous eye for detail. Her ability to craft and refine compelling content makes her an invaluable asset in delivering polished and engaging write-ups.
(LinkedIn: https://www.linkedin.com/in/vaagisha-singh-8080b91)
Contact Us
Mr. Shah
Coherent Market Insights Pvt Ltd,
533 Airport Boulevard, Suite 400, Burlingame, CA 94010, United States
Email: sales@coherentmarketinsights.com
United States of America: +1-206-701-6702
United Kingdom: +44-020-8133-4027
Australia: +61-2-4786-0457
India: +91-848-285-0837
About Us
Coherent Market Insights is a global market intelligence and consulting organization that provides syndicated research reports, customized research reports, and consulting services. We are known for our actionable insights and authentic reports in various domains including aerospace and defense, agriculture, food and beverages, automotive, chemicals and materials, and virtually all domains and an exhaustive list of sub-domains under the sun. We create value for clients through our highly reliable and accurate reports. We are also committed in playing a leading role in offering insights in various sectors post-COVID-19 and continue to deliver measurable, sustainable results for our clients.
The global energy efficient material market size is projected to reach US$ 16.56 billion by 2025, and register a CAGR of 7.1% over the forecast period (2019 - 2027).
Market Dynamics:
The demand for energy efficient materials is growing driven by the increasing focus on green buildings globally. Various government initiatives and incentives for energy efficient construction are also driving the adoption of these materials. Additionally, adoption of strict energy conservation building codes (ECBC) in many countries has further increased the installation of energy efficient insulation, glass and other products in new constructions as well as existing building retrofits. rising energy costs and focus on reducing carbon footprint are some other factors accelerating the energy efficient material market growth.
🔍 Sample Copy of the Report @ https://www.coherentmarketinsights.com/insight/request-sample/2927?utm_source=openpr.com&utm_medium=referral
Energy Efficient Material Market Drivers:
Climate Change and Global Warming Concerns Driving The Demand for Energy Efficient Materials
Global warming and climate change has become a major threat to humanity today. There is scientific consensus that human activity such as greenhouse gas emissions are contributing significantly to raising temperatures around the world. This has led to rising sea levels as ice caps are melting at alarming rates. Climate scientists warn that unless strong action is taken to reduce emissions, the impacts of climate change will be irreversible and catastrophic. Governments around the world are taking major initiatives to transition to clean and renewable energy sources as well as improve energy efficiency to curb emissions. Material manufacturers are developing new energy efficient materials that can help reduce energy consumption in buildings and various industries such as construction, automobile, and consumer goods. Materials like insulated glazing, aerogel blankets, and phase change materials are finding growing demand as they help improve the thermal resistant properties of products and lower energy bills for consumers and businesses over the lifetime of products.
Energy Efficient Material Market Opportunity:
Growing HVAC Systems Market Opens Avenues for Phase Change Materials
Heating, ventilation, and air conditioning (HVAC) systems accounts for a significant portion of global energy consumption. As temperatures rise due to climate change, demand for effective HVAC solutions is growing rapidly around the world especially in hotter regions. HVAC manufactures are incorporating more advanced technologies like inverters, VRV systems, and variable refrigerant flow units to improve energy performance. Within HVAC systems, thermal energy storage using phase change materials (PCMs) provides a highly effective way to improve efficiency and reduce peak loads. PCMs can absorb, store, and release large amounts of energy as they change phase between solid and liquid forms. When applied in HVAC applications like building insulation, outdoor units, ductwork, and indoor air conditioning units, they can considerably cut energy use and costs for cooling and heating. The surging HVAC market therefore opens a major commercialization opportunity for suppliers of PCMs as their adoption grows. Material companies are developing advanced PCMs with optimal thermal properties suited for various climates. This presents an avenue to tap the multi-billion dollar HVAC industry with energy efficient thermal management solutions.
🛒 You Can Purchase Complete Report @ https://www.coherentmarketinsights.com/insight/buy-now/2927
Top Companies Included in This Report:
★ China National Materials Group Corp.
★ Fiber Glass Industries Inc., Guardian Building Products
★ Owens Corning Corporation
★ Taishan Fiberglass Inc.
★ Chongqing Polycomp International Corp
★ PPG Fiber Glass
★ Saint-Gobain Vetrotex.
Market Segmentation:
Based on Product Type:
★ glass, rock and slag wool material
Based on Applications:
★ cool roofing, lighting, home appliances, and building materials
Key Regions/Countries Classified as Follows:
» North America (U.S., Canada, Mexico)
» Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)
» Asia-Pacific (China, India, Japan, Singapore, Australia, New Zealand, Rest of APAC)
» South America (Brazil, Argentina, Rest of SA)
» Middle East & Africa (Turkey, Saudi Arabia, Iran, UAE, Africa, Rest of MEA)
Reasons to Purchase This Report:
📈 Regional Insights: Understand regional consumption patterns and factors influencing the market in different areas.
📈 Global Opportunities & Threats: Discover opportunities and challenges faced by global suppliers in the IELTS Training Platform sector.
📈 Growth Potential: Identify the fastest-growing regions and sectors.
📈 Competitive Landscape: Review market rankings, recent product launches, partnerships, expansions, and acquisitions of leading companies.
📈 Company Profiles: Access comprehensive corporate profiles, including company overviews, insights, product benchmarks, and SWOT analyses of key market players.
📈 Market Outlook: Get current and future market outlooks, including recent developments, growth opportunities, drivers, challenges, and regional constraints
FAQ:
What is the scope of this report?
Does this report estimate the current market size?
Does the report provide market size in terms of Value (US$ Mn) and Volume (thousand ton/metric ton/cubic meter)?
Which segments are covered in this report?
What are the key factors covered in this report?
Does this report offer customization options?
💎 Request For Customization at: @ https://www.coherentmarketinsights.com/insight/request-customization/2927
Author Bio:
Vaagisha brings over three years of expertise as a content editor in the market research domain. Originally a creative writer, she discovered her passion for editing, combining her flair for writing with a meticulous eye for detail. Her ability to craft and refine compelling content makes her an invaluable asset in delivering polished and engaging write-ups.
(LinkedIn: https://www.linkedin.com/in/vaagisha-singh-8080b91)
Contact Us
Mr. Shah
Coherent Market Insights Pvt Ltd,
533 Airport Boulevard, Suite 400, Burlingame, CA 94010, United States
Email: sales@coherentmarketinsights.com
United States of America: +1-206-701-6702
United Kingdom: +44-020-8133-4027
Australia: +61-2-4786-0457
India: +91-848-285-0837
About Us
Coherent Market Insights is a global market intelligence and consulting organization that provides syndicated research reports, customized research reports, and consulting services. We are known for our actionable insights and authentic reports in various domains including aerospace and defense, agriculture, food and beverages, automotive, chemicals and materials, and virtually all domains and an exhaustive list of sub-domains under the sun. We create value for clients through our highly reliable and accurate reports. We are also committed in playing a leading role in offering insights in various sectors post-COVID-19 and continue to deliver measurable, sustainable results for our clients.
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