© 2016 Global Market Insights, Inc. USA. All Rights Reserved Fuel Cell Market size worth $25.5bn by 2024Low Power Wide Area Network Fiberglass Duct Wrap Insulation Market Present Scenario and Growth Prospects

© 2016 Global Market Insights, Inc. USA. All Rights Reserved  Asia Pacific, led by China and India with register a significant growth in the fiberglass duct wrap insulation market. Being the most populated countries globally, the need for residential buildings are surging, ultimately is rising the product demand. Pakistan is the fastest growing country in terms of population.  Europe, especially London is amongst the places with largest number of office building. Growing number of commercial building in the country such as hotels, restaurants, shopping malls, retail outlets, and warehouses is boosting fiberglass duct wrap insulation market.  Death Valley in North America is the hottest place in the world. Highest temperature in the field was recorded as 56.7 degree that instigate demand for air conditioner and chimney in the region. The region will witness decent growth in the forecast period and will drive the fiberglass duct wrap insulation market. Regional Analysis of Fiberglass Duct Wrap Insulation Market:

© 2016 Global Market Insights, Inc. USA. All Rights Reserved  Supply chain of the fiberglass duct wrap insulation market instigates from raw material procurement. Its manufacturing process includes melting, fiber forming, curing, cooling and trimming. It is packed and transported to various distributors in different locations. It is installed in various building for commercial and domestic use. The product can be recycled or reused.  Restrains of fiberglass duct wrap insulation market are its operational snags such as it does not bridge the gap over ¼ inch. These gaps must be first bridged with good quality approved tape, that incurs additional cost and time in installation. If the ducts are not properly placed it can freeze or burst the material in which it is placed. Installation of the product should take place under a professional expert or else it can elevate carbon monoxide level in the surrounding. Application Analysis of Fiberglass Duct Wrap Insulation Market:

© 2016 Global Market Insights, Inc. USA. All Rights Reserved  Calcium chloride is available in several types including, flakes, prills, pellets and liquid grade. It is a specialty chemical used in a variety of applications including oil & gas, food, construction and pharmaceuticals. The functional property of the product to reduce the freezing point of water brands it a significant compound in colder regions. Substantial number of road accidents occurring due to ice and snow are prevented using calcium chloride as a deicing agent on roads. Application Analysis of Fiberglass Duct Wrap Insulation Market:

© 2016 Global Market Insights, Inc. USA. All Rights Reserved  Significant producers in the fiberglass duct wrap insulation market are Owens Corning, Johns Manville, Monson, Knauf, Unifrax, IIG, Roxul, Techlite, Nomaco and Foster. The companies are investing highly in research and development for broader prospect and consistency. Owens Corning acquired Thermafiber, the acquisition provides the company with a broad portfolio encompassing fiber glasses and mineral wool products. Knauf acquired Guardian, a leading supplier of the product in the construction sector.  The acquisition aims an important step to become global leader in energy efficiency. Johns Manville acquired IIG, the purpose of the acquisition was to expand the business and explore opportunities in the market to build strong brand position and expand product variety. Competitive Market Share of Fiberglass Duct Wrap Insulation Market:

© 2016 Global Market Insights, Inc. USA. All Rights Reserved  Other prominent players are Keg River Chemical, Occidental Petroleum, Auro Chemical, MFC Industrial, Weifang Taize Chemical Industry, Ward Chemicals, Sulaksh Chemicals, Weifang Haibin Chemical, B. J. Services, Weifang Haibin Chemical, PVS Chemicals, Aditya Birla Chemicals, Nedmag, The Dow Chemical, Gujarat Alkalies and Aarti Industries.  In 2012, MFC Industrial Ltd. Acquired major interests in the U.S. based ACC Resources and the Mexican raw material and chemicals company, Possehl Mexico. This acquisition of these firms helped MFC Industrial Ltd to expand its global supply chain network, by entering Latin and North American markets. In addition, product lines of these companies aided to integrate well with MFC’ existing commodity business. Competitive Market Share of Fiberglass Duct Wrap Insulation Market:

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