Building Thermal Insulation Market Size, Share, Trends, Demand, Segments, Leading Companies and Forecast till 2030
The market size of building thermal insulation is estimated at USD 29.2 billion in 2023 and is projected to reach USD 37.0 billion by 2028, at a CAGR of 4.8%
(EMAILWIRE.COM, July 31, 2024 ) The report " Building Thermal Insulation Market by Material (Glass Wool, Stone Wool, Plastic Foam), Application (Roof Insulation, Floor Insulation, Wall Insulation), Building Type (Residential, Non-Residential) & Region - Global Forecast to 2028 " The market size of building thermal insulation is estimated at USD 29.2 billion in 2023 and is projected to reach USD 37.0 billion by 2028, at a CAGR of 4.8% during the forecast period.
Browse in-depth TOC on "Building Thermal Insulation Market”
311 - Market Data Tables
64 - Figures
262 - Pages
Download PDF brochure of the Report @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=510
The plastic foam segment to account for largest share in the building thermal insulation market, in terms of value, during the forecast period.
Plastic Foam segment accounted for the largest share in the global building thermal insulation market in 2022, in terms of value. There are several varieties of plastic foam, such as extruded polystyrene (XPS) and expanded polystyrene (EPS), each with advantages and disadvantages. Plastic foam is finding new uses in building insulation outside of its usual applications. Examples of these include continuous insulation technologies and exterior insulation finishing systems (EIFS). This results in significant energy savings and support the segment's overall growth in plastic foam.
Wall insulation to lead building thermal insulation market in application, during the forecast period, in terms of value.
The wall insulation accounted for the largest share of the building thermal insulation market in 2022, in terms of value. Maintaining constant interior temperatures through proper wall insulation not only increases energy efficiency but also makes living spaces more comfortable. More economical and effective wall insulation strategies are being produced by improvements in building procedures and materials. The market is also driven by the increasing adoption of continuous insulation solutions that minimize thermal bridging.
Residential segment to lead building thermal insulation market in building type segment, during the forecast period, in terms of value.
The residential segment accounted for the largest share of the building thermal insulation market in 2022, in terms of value. The dominance of the residential segment in the building thermal insulation market is driven by a combination of increased consumer demand, environmental sustainability, and other factors. Building thermal insulation is frequently utilized in residential buildings to help minimize heat loss and maintain appropriate indoor temperatures. Furthermore, the expanding global population and rapid urbanization trends are vital factors propelling the growth of the building thermal insulation market.
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Europe is expected to be the fastest-growing region, in the overall building thermal insulation market, during the forecast period.
Europe is the leading consumer of building thermal insulation. The European region's prominence as the largest market for building thermal insulation can be attributed to a convergence of economic, industrial, and cultural factors. The market dominance of Europe in the building thermal insulation market can be attributed to the existence of key players who have made a solid regional footprint. These players, with their vast R&D departments, strong distribution networks, and strategic collaborations, have been essential in propelling the adoption of building thermal insulation. This combination of economic growth, industrial competence, and consumer preferences has firmly established Europe as the largest market for building thermal insulation.
Building Thermal Insulation Market Key Players
The key players profiled in the report include Kingspan Group PLC (UK), Knauf Gips KG (Germany), Owens Corning (US), Rockwool A/S (Denmark), Saint-Gobain SA (France), BASF SE (Germany), Dow Inc. (US), Johns Manville Corporation (US), GAF Materials Corporation (US), CNBM Group Co., Ltd. (China), and Aspen Aerogels, Inc. (US).
Don't miss out on business opportunities in Building Thermal Insulation Market. Speak to Our Analyst and gain crucial industry insights that will help your business grow. https://www.marketsandmarkets.com/speaktoanalystNewNew.asp?id=510
Another major player is Angus Fire (UK). The company is one of the leading and oldest manufacturers of Building Thermal Insulation and has established its brand in different regions. It has a wide geographical presence across North America, South America, APAC, Europe, and the Middle East & Africa. The company manufactures various types of foams for differing end-use industries, such as oil & gas, aviation, marine, mining, and others.
About MarketsandMarkets™
MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. We have the widest lens on emerging technologies, making us proficient in co-creating supernormal growth for clients.
The B2B economy is witnessing the emergence of $25 trillion of new revenue streams that are substituting existing revenue streams in this decade alone. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines - TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing.
Built on the 'GIVE Growth' principle, we work with several Forbes Global 2000 B2B companies - helping them stay relevant in a disruptive ecosystem. Our insights and strategies are molded by our industry experts, cutting-edge AI-powered Market Intelligence Cloud, and years of research. The KnowledgeStore™ (our Market Intelligence Cloud) integrates our research, facilitates an analysis of interconnections through a set of applications, helping clients look at the entire ecosystem and understand the revenue shifts happening in their industry.
To find out more, visit www.MarketsandMarkets™.com or follow us on Twitter, LinkedIn and Facebook.
Contact:
Mr. Ashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441
Email: sales@marketsandmarkets.com
Visit Our Website: https://www.marketsandmarkets.com
Browse in-depth TOC on "Building Thermal Insulation Market”
311 - Market Data Tables
64 - Figures
262 - Pages
Download PDF brochure of the Report @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=510
The plastic foam segment to account for largest share in the building thermal insulation market, in terms of value, during the forecast period.
Plastic Foam segment accounted for the largest share in the global building thermal insulation market in 2022, in terms of value. There are several varieties of plastic foam, such as extruded polystyrene (XPS) and expanded polystyrene (EPS), each with advantages and disadvantages. Plastic foam is finding new uses in building insulation outside of its usual applications. Examples of these include continuous insulation technologies and exterior insulation finishing systems (EIFS). This results in significant energy savings and support the segment's overall growth in plastic foam.
Wall insulation to lead building thermal insulation market in application, during the forecast period, in terms of value.
The wall insulation accounted for the largest share of the building thermal insulation market in 2022, in terms of value. Maintaining constant interior temperatures through proper wall insulation not only increases energy efficiency but also makes living spaces more comfortable. More economical and effective wall insulation strategies are being produced by improvements in building procedures and materials. The market is also driven by the increasing adoption of continuous insulation solutions that minimize thermal bridging.
Residential segment to lead building thermal insulation market in building type segment, during the forecast period, in terms of value.
The residential segment accounted for the largest share of the building thermal insulation market in 2022, in terms of value. The dominance of the residential segment in the building thermal insulation market is driven by a combination of increased consumer demand, environmental sustainability, and other factors. Building thermal insulation is frequently utilized in residential buildings to help minimize heat loss and maintain appropriate indoor temperatures. Furthermore, the expanding global population and rapid urbanization trends are vital factors propelling the growth of the building thermal insulation market.
Get Sample Pages of This Report @ https://www.marketsandmarkets.com/requestsampleNew.asp?id=510
Europe is expected to be the fastest-growing region, in the overall building thermal insulation market, during the forecast period.
Europe is the leading consumer of building thermal insulation. The European region's prominence as the largest market for building thermal insulation can be attributed to a convergence of economic, industrial, and cultural factors. The market dominance of Europe in the building thermal insulation market can be attributed to the existence of key players who have made a solid regional footprint. These players, with their vast R&D departments, strong distribution networks, and strategic collaborations, have been essential in propelling the adoption of building thermal insulation. This combination of economic growth, industrial competence, and consumer preferences has firmly established Europe as the largest market for building thermal insulation.
Building Thermal Insulation Market Key Players
The key players profiled in the report include Kingspan Group PLC (UK), Knauf Gips KG (Germany), Owens Corning (US), Rockwool A/S (Denmark), Saint-Gobain SA (France), BASF SE (Germany), Dow Inc. (US), Johns Manville Corporation (US), GAF Materials Corporation (US), CNBM Group Co., Ltd. (China), and Aspen Aerogels, Inc. (US).
Don't miss out on business opportunities in Building Thermal Insulation Market. Speak to Our Analyst and gain crucial industry insights that will help your business grow. https://www.marketsandmarkets.com/speaktoanalystNewNew.asp?id=510
Another major player is Angus Fire (UK). The company is one of the leading and oldest manufacturers of Building Thermal Insulation and has established its brand in different regions. It has a wide geographical presence across North America, South America, APAC, Europe, and the Middle East & Africa. The company manufactures various types of foams for differing end-use industries, such as oil & gas, aviation, marine, mining, and others.
About MarketsandMarkets™
MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. We have the widest lens on emerging technologies, making us proficient in co-creating supernormal growth for clients.
The B2B economy is witnessing the emergence of $25 trillion of new revenue streams that are substituting existing revenue streams in this decade alone. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines - TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing.
Built on the 'GIVE Growth' principle, we work with several Forbes Global 2000 B2B companies - helping them stay relevant in a disruptive ecosystem. Our insights and strategies are molded by our industry experts, cutting-edge AI-powered Market Intelligence Cloud, and years of research. The KnowledgeStore™ (our Market Intelligence Cloud) integrates our research, facilitates an analysis of interconnections through a set of applications, helping clients look at the entire ecosystem and understand the revenue shifts happening in their industry.
To find out more, visit www.MarketsandMarkets™.com or follow us on Twitter, LinkedIn and Facebook.
Contact:
Mr. Ashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441
Email: sales@marketsandmarkets.com
Visit Our Website: https://www.marketsandmarkets.com
Contact Information:
360Quadrants
Mr. Rohan Salgarkar
Tel: 1-888-600-6441
Email us
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360Quadrants
Mr. Rohan Salgarkar
Tel: 1-888-600-6441
Email us
----
This press release is posted on EmailWire.com -- a global newswire that provides Press Release Distribution Services with Guaranteed Results