“Building thermal insulation market to reach USD 28.39 billion by 2021”
The market size of building thermal insulation, in terms of value, is projected to reach USD 28.39 billion by 2021, at a CAGR of 3.50% between 2016 and 2021. The growing demand from major applications such as wall insulation and roof insulation is expected to drive the demand for building thermal insulation. The growing construction sector is significantly driving the demand for building thermal insulation.
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“Roof insulation application to register the highest CAGR during forecast period”
The roof insulation application is expected to register the highest CAGR between 2016 and 2021. The demand for building thermal insulation is increasing in roof insulation application for flat and pitched roof for both residential and commercial buildings. There are various kinds of roof insulating materials with different densities and thickness. Insulating material is chosen according to the roof’s requirements and the climatic condition prevalent in the given area. In hot climatic regions, higher density insulating material is required to prevent overheating of the pitch roof.
“Asia-Pacific to be the fastest-growing market during forecast period”
Asia-Pacific is estimated to be the fastest-growing building thermal insulation market owing to various factors such as growing construction industry, increasing disposable income, and growing urbanization & industrialization. The building thermal insulation market in North America is also expected to grow significantly owing to mandates and government regulations imposed on insulation of new as well as the existing constructions.
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Break-up of profiles of primary participants for the report
• By Company Type – Tier 1 – 37%, Tier 2 – 50%, and Tier 3 – 13%
• By Designation – C Level – 50%, Director Level – 31%, and Others – 19%
• By Region – North America – 28%, Western Europe – 24%, Central Europe – 17%, Asia-Pacific –14%, the Middle East & Africa – 10%, and South America – 7%
The report includes company profiles of major players and recent activities undertaken in the market such as new product launches, expansions, and acquisitions. Some of the major companies profiled in this report are Knauf Insulation (U.S.), Rockwool International A/S (Denmark), Johns Manville Inc. (U.S.), BASF SE (Germany), Owens Corning Corporation (U.S.), Paroc (Finland), Saint-Gobain (France), GAF (U.S.), Kingspan Group Plc (Ireland), and Beijing New Building Material (China).
Related Report:
Global Building Thermal Insulation Material Market Analysis 2012-2017 and Forecast 2018-2023
Building insulation materials are the building materials which form the thermal envelope of a building or otherwise reduce heat transfer.
The global Building Thermal Insulation Material market will reach xxx Million USD in 2018 and CAGR xx% 2018-2023. The report begins from overview of Industry Chain structure, and describes industry environment, then analyses market size and forecast of Building Thermal Insulation Material by product, region and application, in addition, this report introduces market competition situation among the vendors and company profile, besides, market price analysis and value chain features are covered in this report.
Product Type Coverage (Market Size & Forecast, Major Company of Product Type etc.): EPS Panels XPS Panels PU Panels Mineral Wool Panels Others
Company Coverage (Sales Revenue, Price, Gross Margin, Main Products etc.): Lfhuaneng Dow Taishi Beipeng Rockwool Sedant Roba Shanghai ABM Owenscorning Kosenca Beijing Wuzhou Hengxiang Insulation Materials Zhongjie Group Xinxing Huamei Huafon Puren Beijing Beihai First Feininger HuaXiaXinRong Wenzhou Lucky Ourgreen Junxuan Hongbaoli Lecron Group
Read More: https://watchersofmarkets.com/products/global-building-thermal-insulation-material-market-analysis-2012-2017-and-forecast-2018-2023
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