The global Building Thermal Insulation Market size was significantly robust in 2021 and is expected to register a rapid revenue CAGR over the forecast period. Market revenue growth is primarily driven by rising use of roof insulation in houses for thermal barricading and commercial spaces for reducing carbon footprints and increasing utilization as a drainage system in new constructions. In addition to market share, revenue growth, market size, drivers, restraints, growth opportunities, limitations, top companies and market segmentation, the report also offers in-depth information about market segments, drivers, restraints, growth opportunities, and limitations. A thorough primary and secondary research process was undertaken to compile the report, which is verified by industry experts. The data is well-represented with the use of charts, graphs, tables, figures and other pictorial elements.
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Market Overview:
As a result of steady revenue growth over the past few years, the manufacturing and construction industry is expected to achieve a robust annual revenue growth rate between 2023 and 2030. In addition to the rapidly growing construction industry, rapid urbanization and industrialization, and technological advancements in manufacturing techniques, this can also be attributed to these factors. Green construction and energy efficient buildings have become increasingly popular in recent years as awareness of environmental impact and carbon emissions has increased. Over the forecast period, key factors are expected to boost global market growth, including the rapid growth of global populations, changing lifestyle preferences, the increasing demand for smart buildings, an increase in renovation and reconstruction activities, and an increase in eco-friendly construction activities. Other factors that will contribute to market growth in the future include an increase in disposable income, government schemes, and investments by private organizations.
Major companies:
- Rockwool International A/S (Denmark)
- Knauf Insulation GmbH (Germany)
- Johns Manville (U.S.)
- Saint-Gobain (France)
- Owens Corning Corporation (U.S.)
- Berkshire Hathaway, Inc. (U.S.)
- BASF (Germany)
- Paroc (Finland)
- The Dow Chemical Company (U.S.)
- The 3M Company (U.S.)
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Building Thermal Insulation Market Segmentation:
Type Outlook:
- Glass Wool
- Rock Wool
- Foam
- Others
Application Outlook:
- Pitch Roof Insulation
- Flat Roof Insulation
- Others
Regional Outlook:
- North America
- U.S.
- Canada
- Mexico
- Europe
- Germany
- U.K.
- France
- Italy
- Spain
- Sweden
- BENELUX
- Rest of Europe
- Asia-Pacific
- China
- India
- Japan
- South Korea
- Rest of APAC
- Latin America
- Brazil
- Rest of LATAM
- Middle East Africa
- Saudi Arabia
- UAE
- South Africa
- Israel
- Rest of MEA
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