Thermal insulation material helps to reduce the heat transfer between objects. Heat transfer is a significant problem in many industries, when two objects of different temperatures come together. By applying insulation materials, the heat flow between these entities can be significantly decreased. This material hinders thermal conduction by reflecting it rather than absorbing it. The insulation materials market offers a wide range of materials for end-use industries including manufacturing, construction, and petroleum. Increasing need for energy-efficient insulation and technological advancements in HVAC equipment in construction are driving the growth of insulation materials market.
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