Global demand for industrial thermal insulation is rising, driven by a growing focus on energy efficiency, sustainability, and process improvements in the manufacturing industries.
The global industrial thermal insulation market is projected to reach US$8.935 billion by 2028, growing at a CAGR of 5.7%. For companies active in this sector, it translates into great growth opportunities for 2024.
Below, you can explore some trends for the thermal insulation industry that NUTEC recommends considering for this coming year.