Strong Growth Projected in OEM Insulation Market

As increasing urbanization and industrialization has bolstered the growth of developing regions, applications in automotive, consumer appliances and HVAC sectors have boosted rapidly, posing a direct impact on the demand for OEM Insulation. According to a new research report by Future Market Insights, the global OEM insulation market is expected to reach a market value of over $19.5 billion by the end 2028, growing at a CAGR of 4.5% during the forecast period.