ACE Update – July 2019

(Grace) #1

22 july 2019 ACEARCHITECTURECONSTRUCTIONENGINEERINGUPDATE


Structural InsulationI Ifeature


W


ith a significant growth in construction
sector supported by rapid development in
infrastructure and construction sector in
India, the demand for structural insulation has seen a
multi-fold rise in less than a decade. It is also likely that
ongoing technological advancements in residential and
commercial construction along with added concern for
energy conservation and reduced operational expenses
will further augment industry demand. According to the
Global Construction Perspective and Oxford Economics,
the US, India, and China will account for around 57
per cent of the total growth in the construction and
engineering market by 2030. While, globally, building
thermal insulation market size is estimated to surpass
USD 35 billion by 2025, according to a new research
report by Global Market Insights, Inc.

The rising global concern for environment-friendly
solutions in every walk of human life has also
pressed the developers to increase the usage of
structural insulation technology while constructing

Insulation solution for


eco-friendly structures


The rising global concern for environment-friendly solutions in construction
sector has pushed the demand for structural insulation.

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