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North America Building Thermal Insulation (Glass Wool, Mineral Wool, EPS, XPS, PIR PUR, Cellulose) Markets, 2020-2027


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The North America building thermal insulation market size is expected to reach USD 13.83 billion by 2027, expanding at a CAGR of 2.7% in terms of revenue during the forecast period.
Rising consumer awareness, demand for thermal insulation materials, and favorable regulations owing to the focus on lowering the overall energy consumption are the factors expected to drive market growth.
The market players focus on increasing its market share through organic growth. The companies indulge in the expansion of their product portfolio by developing cost-effective insulation products with enhanced properties and expanding their manufacturing capabilities to cater to the ascending product demand worldwide. ....

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Variable Frequency Drive Market To Witness Healthy Growth At 6.5% CAGR By 2027 On Account Of Increasing Awareness For Energy Efficiency


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FELTON, Calif., Jan. 12, 2021 /PRNewswire/ The global variable frequency drive (VFD) market size is projected
to reach USD 37.4 billion by 2027 and registering 6.5% CAGR during the forecast period from 2020 to 2027, according to a new report by Million Insights. Growing technological advancements in developing economies and increasing awareness for energy efficiency are key factors driving the growth of the market.
Government across several countries are striving to increase awareness regarding energy efficiency, which is expected to be one of the major factors for market growth. For example, the International Energy Agency (IEA) invested around USD 240 billion in energy efficiency across buildings, industry sectors and transport. ....

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