Global Building Thermal Insulation Market Trends, Applications, Analysis, Growth, and Forecast: 2017 to 2026

MarketResearch.biz delivers in-depth insights on the global building thermal insulation market in its upcoming report titled, “Global Building Thermal Insulation Market Trends, Applications, Analysis, Growth, and Forecast: 2017 to 2026”. The global building thermal insulation market is estimated to register a CAGR of X.X% in terms of value during forecast period 2017–2026. The report offers in-depth insights, revenue details, and other vital information regarding the target market, and the various trends, drivers, restraints, opportunities, and threats till 2026. The report offers insightful and detailed information regarding the various key players operating in the market, their financials, supply chain trends, technological innovations, key developments, apart from future strategies, acquisitions & mergers, and market footprint. The building thermal insulation market report has been segmented on the basis of product type, application, building type, and region.

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This report is based on synthesis, analysis, and interpretation of information gathered regarding the target market from various sources. Our analysts have analyzed the information and data and gained insights using a mix of primary and secondary research efforts with the primary objective to provide a holistic view of the market. In addition, an in-house study has been made of the global economic conditions and other economic indicators and factors to assess their respective impact on the market historically, as well as the current impact in order to make informed forecasts about the scenarios in future.

Thermal insulation is a method of transferring heat between environments and maintaining an ambient temperature indoors. Thermal insulation in buildings helps to decrease the carbon footprint, as it uses less energy to maintain a temperature and limits the heat to the external environment.

On the basis of product type, mineral wool product segment is estimated to be one of the major product type segment in the global building thermal insulation market. Advantages of mineral wool such as fire safety, water repellency, efficient heat barrier, chemical resistance, sound absorption, and dimensional stable are anticipated to augment market growth over the forecast period.

On the basis of application, wall insulation application segment is estimated to hold major revenue share in the global building thermal insulation market and is expected to maintain its dominance over the forecast period. Government initiatives to promote energy efficiency is expiated to drive market growth.

On the basis of building type, non-residential building type segment is estimated to hold major revenue share in global building thermal insulation market over the forecast period. Non-residential building type includes industrial buildings, commercial buildings, educational buildings, hospitals, etc., Rapid industrialization in China, India, and Brazil is expected to fuel market growth over the forecast period.

North America market is estimated to hold significant revenue share in the global building thermal insulation market, in 2017 and is expected to maintain its dominance over the forecast period. Increasing demand for building thermal insulation material in countries such as US and Canada owing to growing focus towards making of existing buildings more energy efficient is anticipated to fuel market growth over the forecast period. North America accounts for largest revenue share contribution of the target market, followed by markets in Europe, Asia Pacific, Latin America, and the Middle East & Africa respectively. Growing awareness among consumers regarding benefits related to insulation and increasing energy costs in the region is anticipated to propel market growth over the forecast period.

Market segmentation and key players operating in the global building thermal insulation market:

By product type:

• Mineral Wool
• Glass Wool
• Expanded Polystyrene Foam (EPS)
• Extruded Polystyrene Foam (XPS)
• Others (Stone Wool, Aerogel and Cellulose)

By application:

• Roof Insulation
• Floor Insulation
• Wall Insulation

By building type:

• Residential
• Non-residential

By region:

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa