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Thermol Industry Booms for Energy efficient

Mar 03, 2023
Thermol Industry Booms for Energy efficient

The global thermol industry is experiencing a significant growth in demand as the world becomes more focused on energy-efficient solutions. The industry is projected to reach a value of $7.2 billion by 2026, with a compound annual growth rate of 6.8% from 2021 to 2026.

Thermol, which is a type of insulation material made from natural fibers, is used to reduce energy consumption by providing insulation in buildings, pipes, and other industrial applications. With the increasing demand for energy-efficient solutions, the thermol industry is seeing a surge in production.