Building Thermal Insulation Market size was valued at US$ 28.24 Bn. in 2021 and the total revenue is expected to grow at a CAGR of 5.35% from 2022 to 2029, reaching nearly US$ 42.84 Bn.
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Building Thermal Insulation Market Report Scope and Research Methodology
The Building Thermal Insulation Market report includes the comprehensive analysis of the industry in a simple language. A detailed analysis of Building Thermal Insulation Market dynamics has been included in the report. The past, present and the expected trends in the forecast period has also been provided in the report. For understanding the global factors affecting the industry, the report presents drivers, challenges, restraints and opportunities prevailing in the Building Thermal Insulation market. Detailed analysis of external & internal factors impacting the market is covered through PESTEL & PORTER analysis.
Dedicated study of the rivalry in the industry is covered, which includes market leaders, followers, and new entrants. Extensive primary research was conducted to acquire information and verify and confirm the crucial numbers arrived at after comprehensive Building Thermal Insulation market engineering and calculations for market statistics; market size estimations, market forecasts, market breakdown and data triangulation. The secondary data was collected from the company’s annual reports, articles, paid and free databases, etc. To estimate the regional and global Building Thermal Insulation market size, the bottom-up approach was used.
Building Thermal Insulation Market Overview
The industry overview gives thorough details about the size of the market all the market dynamics including strategies, market revenue, pricing analysis, micro and macro market trends and scenarios & Industry benchmarks. Region wise market opportunities & barriers are also studied in detail .
Market Segmentation
The market is divided into Glass Wool, Mineral Wool, EPS, XPS, and Others based on the product. By 2029, the EPS (Expanded Polystyrene) category is anticipated to have a market share of%. This is as a result of its exceptional heat insulation characteristics and lengthy lifespan. In addition, increased consumer demand is anticipated to fuel expansion due to the product’s non-toxic, rot-proof, and recyclable features. because of its ability to resist water, provide energy savings, and decrease the harm caused by dampness. The ability of the material to stop microbial or fungal growth in the insulated area is also anticipated to aid growth.
The mineral wool category is anticipated to expand quickly between 2022 and 2029, with a CAGR of%. This is because the product possesses remarkable properties like dimensional stability, fire safety, a strong heat barrier, and environmental compatibility. Growing demand for mineral wool in thermal barrier applications is anticipated to fuel its rise over the course of the forecast period.
The market is divided into three categories: roof insulation, wall insulation, and floor insulation. During the projection period of 2022-2029, the market for roof insulation is anticipated to expand quickly at a CAGR of%. because it is becoming increasingly important to stop heat from the sun’s rays from entering the building through the roof. Additionally, it is anticipated that a rise in single-family houses would fuel market expansion during the projection period.
The Wall Insulation segment is anticipated to expand quickly from 2022 to 2029, with a CAGR of%. This is as a result of an increase in the product’s application on interior and exterior walls. Additionally, increased product penetration for cavity wall insulation is anticipated to drive market expansion.
Market Key Players
• Johns Manville Corporation (US)
• Saint-Gobain S.A. (France)
• BASF SE (Germany)
• Kingspan Group plc (Ireland)
• Knauf Insulation, Inc. (US)
• Owens Corning (US)
• Huntsman Corporation (US)
• Rockwool International A/S (Denmark)
• Firestone Building Products Company (US)
• Cabot Corporation (US)
• Dow Corning Corporation (US)
• Covestro AG (Germany)
• URSA Insulation, S.A. (Spain)
• Paroc Group Oy (Finland)
• Atlas Roofing Corporation (US)
Building Thermal Insulation Market Regional Insights
The regional analytics cover North America, South America, Asia Pacific, Europe & Middle East and Africa. The report includes a detailed explanation of market size, market drivers, barriers, CAGR, and import and export in all the regions.
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Key questions answered in the Building Thermal Insulation Market are:
- What is Building Thermal Insulation?
- What are the global trends in the Building Thermal Insulation Market?
- What was the Building Thermal Insulation Total Market size in 2022?
- What is expected Building Thermal Insulation Market size by 2029?
- Who held the largest market share in Market?
- Who are the leading companies and what are their portfolios in Market?
- What are the major challenges that the Building Thermal Insulation Industry could face in the future?
Key Offerings:
- Past Market Size and Competitive Landscape (2018 to 2021)
- Past Pricing and price curve by region (2018 to 2021)
- Industrial Manipulator Market Size, Share, Size & Forecast by different segment | 2022−2029
- Industrial Manipulator Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by region
- Industrial Manipulator Market Segmentation – A detailed analysis by Type, Application and Region
- Competitive Landscape – Profiles of selected key players by region from a strategic perspective
- Competitive landscape – Market Leaders, Market Followers, Regional player
- Competitive benchmarking of key players by region
- PESTLE Analysis
- PORTER’s analysis
- Value chain and supply chain analysis
- Legal Aspects of business by region
- Lucrative business opportunities with SWOT analysis
About Maximize Market Research:
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