Market revenue in 2019 | USD 10.1 million |
Market revenue in 2027 | USD 17.0 million |
Growth rate | 6.7% (CAGR from 2019 to 2027) |
Largest segment | Building & construction insulation products |
Fastest growing segment | Textile Insulation Products |
Historical data covered | 2016 - 2018 |
Base year for estimation | 2019 |
Forecast period covered | 2020 - 2027 |
Quantitative units | Revenue in USD million |
Market segmentation | Textile Insulation Products, Building & Construction Insulation Products |
Key market players worldwide | W.L. Gore & Associates, Polartec, Primaloft, Remmers, UNGER ENTERPRISES, LLC. |
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The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to active insulation market will help companies and investors design strategic landscapes.
Building & construction insulation products was the largest segment with a revenue share of 62.38% in 2024. Horizon Databook has segmented the Middle East & Africa active insulation market based on textile insulation products, building & construction insulation products covering the revenue growth of each sub-segment from 2018 to 2030.
The active insulation demand in Middle East & African region is anticipated to witness slow growth over the forecast period. The uncertainty regarding government spending on infrastructure projects and the moderately growing construction industry on account of economic instability in the region have slowdown the growth.
The textile industry in the region is further likely to support market growth owing to the increasing demand for activewear clothing. The COVID-19 pandemic across the globe has impacted the demand for oil, thus the oil exports from the Middle East region has drastically impacted.
Active insulation demand in textiles in the region is expected to witness moderate growth in the projected time owing to a moderately growing textile industry. In Saudi Arabia, the presence of stringent trade regulations and changes in consumer spending habits are factors expected to poise the market for fashion and sports apparel.
Horizon Databook provides a detailed overview of continent-level data and insights on the Middle East & Africa active insulation market , including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa active insulation market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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