Summary
As the world continues to deal with COVID-19, economies are moving into recession, under multiple adverse factors, the GDP of European and American countries in the second quarter suffered a historical contraction. At an annualized rate, the US GDP fell by 32.9% month on month, while the overall GDP of the euro zone fell by 12.1%.
Moreover, the economic prospects of Europe and the United States in the third quarter under the epidemic situation are hardly optimistic. The resumption of work and production not only brought economic data back, but also triggered a rebound in the epidemic situation. At present, the United States is still the 'epicenter' of the global epidemic. The total number of confirmed cases has exceeded 4.8 million, and the epidemic situation in some European countries has also rebounded. Affected by this, more than 20 states in the United States have announced the suspension or withdrawal of part of the economic restart plan. Britain and Italy have also decided to extend the state of emergency. The rebound of the epidemic situation has posed considerable risks to the economic prospects of Europe and the United States.
In the second quarter of this year, US GDP shrank by 9.5% on a month on month basis, or 32.9% at an annual rate, the largest decline since the 1940s. Data show that the sharp decline in personal consumption is the main drag on the U.S. GDP growth in the second quarter.
Compared with the United States, Europe's economic contraction in the second quarter was smaller, but it was also the lowest on record, with Germany and France contracting more than 10%. According to the data released by the Federal Bureau of statistics, Germany's GDP fell by 10.1% in the second quarter after adjusting for prices, seasons and working days, the largest decline since the quarterly economic data were available in 1970.
Thanks to the effective control and policy support of the new epidemic, China's economy rebounded sharply in the second quarter. The growth rate of manufacturing industry, which accounted for about 28% of GDP, rebounded sharply to 4.4% from the negative value in the first quarter. Chinese original equipment manufacturers (OEMs) and suppliers are ramping up production. And there are increased investments in digital footprints in manufacturing. OEMs in other parts of the world are offering incentives to drive sales. XYZResearch published a report for global Fiberglass Duct Wrap Insulation market in this environment.
In terms of revenue, this research report indicated that the global Fiberglass Duct Wrap Insulation market was valued at USD XXX million in 2019, and it is expected to reach a value of USD XXX million by 2026, at a CAGR of XX % over the forecast period 2021-2026. Correspondingly, the forecast analysis of Fiberglass Duct Wrap Insulation industry comprises of China, USA, Japan, India, Korea and South America, with the production and revenue data in each of the sub-segments.
The ????Knauf Insulation aims at producing XX Fiberglass Duct Wrap Insulation in 2020, with XX % production to take place in global market, ????Owens Corning accounts for a volume share of XX %.
Regional Segmentation (Value; Revenue, USD Million, 2015 - 2026) of Fiberglass Duct Wrap Insulation Market by XYZResearch Include
China
EU
USA
Japan
India
Southeast Asia
South America
Competitive Analysis; Who are the Major Players in Fiberglass Duct Wrap Insulation Market?
Knauf Insulation
Owens Corning
Manson Insulation
Johns Manville
CMI Specialty Insulation
...
Major Type of Fiberglass Duct Wrap Insulation Covered in XYZResearch report:
With Facings
Without Facings
Application Segments Covered in XYZResearch Market
Commercial
Residential
Application 3
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Table of Contents
Global Fiberglass Duct Wrap Insulation Market Analysis 2020, With Top Companies, Production, Revenue, Consumption, Price and Growth Rate
1 Market Scope
1.1 Product Details and Introduction
1.1.1 With Facings -Product Introduction and Major Manufacturers
1.1.2 Without Facings -Product Introduction and Major Manufacturers
1.2 Market Snapshot
1.2.1 Major Companies Overview
1.2.2 Market Concentration
1.2.3 Six-Year Compound Annual Growth Rate (CAGR)
2 Global Fiberglass Duct Wrap Insulation Market Assessment, by Segmentation
2.1 Type Breakdown Estimates & Forecast, Sales Volume (2015-2026)
2.2 Type Breakdown Estimates & Forecast, Sales Value (2015-2026)
2.3 Application Breakdown Estimates & Forecast, by Application (2015-2026)
3 Regional Market Analysis
3.1 China Fiberglass Duct Wrap Insulation Market
3.1.1 Top Companies leading Fiberglass Duct Wrap Insulation Development in China (2015-2020)
3.1.2 Sales Value of Major Company in China Market (2015-2020)
3.1.3 China Fiberglass Duct Wrap Insulation Price (USD/Unit), by Type (2019-2020)
3.1.4 Sales in China Market, by Type (2015-2026)
3.2 EU Fiberglass Duct Wrap Insulation Market
3.2.1 Top Companies leading Fiberglass Duct Wrap Insulation Development in EU (2015-2020)
3.2.2 Sales Value of Major Company in EU Market (2015-2020)
3.2.3 EU Fiberglass Duct Wrap Insulation Price (USD/Unit), by Type (2019-2020)
3.2.4 Sales in EU Market, by Type (2015-2026)
3.3 USA Fiberglass Duct Wrap Insulation Market
3.3.1 Top Companies leading Fiberglass Duct Wrap Insulation Development in USA (2015-2020)
3.3.2 Sales Value of Major Company in USA Market (2015-2020)
3.3.3 USA Fiberglass Duct Wrap Insulation Price (USD/Unit), by Type (2019-2020)
3.3.4 Sales in USA Market, by Type (2015-2026)
3.4 Japan Fiberglass Duct Wrap Insulation Market
3.4.1 Top Companies leading Fiberglass Duct Wrap Insulation Development in Japan (2015-2020)
3.4.2 Sales Value of Major Company in Japan Market (2015-2020)
3.4.3 Japan Fiberglass Duct Wrap Insulation Price (USD/Unit), by Type (2019-2020)
3.4.4 Sales in Japan Market, by Type (2015-2026)
3.5 India Fiberglass Duct Wrap Insulation Market
3.5.1 Top Companies leading Fiberglass Duct Wrap Insulation Development in India (2015-2020)
3.5.2 Sales Value of Major Company in India Market (2015-2020)
3.5.3 India Fiberglass Duct Wrap Insulation Price (USD/Unit), by Type (2019-2020)
3.5.4 Sales in India Market, by Type (2015-2026)
3.6 Southeast Asia Fiberglass Duct Wrap Insulation Market
3.6.1 Top Companies leading Fiberglass Duct Wrap Insulation Development in Southeast Asia (2015-2020)
3.6.2 Sales Value of Major Company in Southeast Asia Market (2015-2020)
3.6.3 Southeast Asia Fiberglass Duct Wrap Insulation Price (USD/Unit), by Type (2019-2020)
3.6.4 Sales in Southeast Asia Market, by Type (2015-2026)
3.7 South America Fiberglass Duct Wrap Insulation Market
3.7.1 Top Companies leading Fiberglass Duct Wrap Insulation Development in South America (2015-2020)
3.7.2 Sales Value of Major Company in South America Market (2015-2020)
3.7.3 South America Fiberglass Duct Wrap Insulation Price (USD/Unit), by Type (2019-2020)
3.7.4 Sales in South America Market, by Type (2015-2026)
4 Value Chain (Impact of COVID-19)
4.1 Fiberglass Duct Wrap Insulation Value Chain Analysis
4.1.1 Upstream
4.1.2 Downstream
4.2 COVID-19 Impact on Fiberglass Duct Wrap Insulation Industry
4.2.1 Industrial Policy Issued Under the Epidemic Situation
4.3 Cost-Under the Epidemic Situation
4.3.1 Cost of Raw Material
4.4 Channel Analysis
4.4.1 Distribution Channel-Under the Epidemic Situation
4.4.2 Distributors
5 Regional Market Forecast (2021-2026)
5.1 Global Fiberglass Duct Wrap Insulation Sales and Growth Rate (2021-2026)
5.2 Global Fiberglass Duct Wrap Insulation Sales Value and Growth Rate (2021-2026)
6 Fiberglass Duct Wrap Insulation Competitive Analysis
6.1 Knauf Insulation
6.1.1 Knauf Insulation Company Profiles
6.1.2 Knauf Insulation Product Introduction
6.1.3 Knauf Insulation Fiberglass Duct Wrap Insulation Production, Revenue (2015-2020)
6.1.4 SWOT Analysis
6.2 Owens Corning
6.2.1 Owens Corning Company Profiles
6.2.2 Owens Corning Product Introduction
6.2.3 Owens Corning Fiberglass Duct Wrap Insulation Production, Revenue (2015-2020)
6.2.4 SWOT Analysis
6.3 Manson Insulation
6.3.1 Manson Insulation Company Profiles
6.3.2 Manson Insulation Product Introduction
6.3.3 Manson Insulation Fiberglass Duct Wrap Insulation Production, Revenue (2015-2020)
6.3.4 SWOT Analysis
6.4 Johns Manville
6.4.1 Johns Manville Company Profiles
6.4.2 Johns Manville Product Introduction
6.4.3 Johns Manville Fiberglass Duct Wrap Insulation Production, Revenue (2015-2020)
6.4.4 SWOT Analysis
6.5 CMI Specialty Insulation
6.5.1 CMI Specialty Insulation Company Profiles
6.5.2 CMI Specialty Insulation Product Introduction
6.5.3 CMI Specialty Insulation Fiberglass Duct Wrap Insulation Production, Revenue (2015-2020)
6.5.4 SWOT Analysis
7 Conclusion
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