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Market Tracking: Thermal Insulation in Western Europe 2007
InterConnection Consulting Group, Aug 2007, Pages: 325
In 2006, the total Thermal Insulation market recorded another solid growth. These figures reflect a continuous concern in Europe about energy save issues. The growth continues to be fuelled by increasing consumer demand, confidence in the construction sector and new laws and Official programs launched from the European Commission and the national Governments. The market has seen how the regulations have taken place and final consumers are looking for products with higher technical properties like Wools, XPS or PIR – PUR. Moreover new products are showing a good performance in the market, some of them are: Multi foil thermal insulation products, natural thermal insulation products (Wood, cellulose, wool, cork and natural fibres).
One of the major changes in the forthcoming years will be a higher increase in terms of value compared to quantity, which mirrors on one hand the constant increase in prices and on the other, the consumer’s choice for higher cost thermal insulation products. At this point mergers and acquisitions still take place in the market as it has happened in recent years. In addition the big corporations will increase their production facilities in order to handle the vigorous demand in the Western European Countries.
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