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Building thermal insulation is a method for preventing heat loss or gain through the building. It envelopes the flow of heat energy between two bodies having different temperature. Building thermal insulation materials vary in terms of color, core composition, surface finish, texture, performance and have low thermal conductivity, usually less than 0.1W/mK. Some of the materials used for thermal insulation of building are glass wool, stone wool, expanded polystyrene (EPS), extruded polystyrene (XPS), and polyurethanes (PU).<br><br>
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Building Thermal Insulation Market Research Report - Global Forecast till 2025 Building Thermal Insulation Market Research Report - Global Forecast till 2025 P a g e | 1 Copyright © 2017 Market Research Future.
Building Thermal Insulation Market Research Report - Global Forecast till 2025 1Summary The Global Building Thermal Insulation Market was valued at around 28.02 billion in 2018 and is projected to reach USD 38.64 billion with a healthy CAGR of 4.7% during the forecast period. Key Players: Knauf Insulation, Rockwool International A/S, Johns Manville Inc., Atlas Roofing Corporation, BASF SE, Owens Corning Corporation, Certain Teed Corporation, Dow Building solutions, Paroc Group, Huntsman International LLC, Saint-Gobain Group, Johns Manville Inc., Knauf Insulation GmbH, GAF Material Corporation, Beijing New Building Material Co. Ltd. and Kingspan Group Plc. are some of the prominent players profiled in MRFR Analysis and are at the forefront of competition in the Global Building Thermal Insulation Market. P a g e | 2 Copyright © 2017 Market Research Future.
Building Thermal Insulation Market Research Report - Global Forecast till 2025 2Market Overview Insulation is one of the most important, cost-effective, energy saving building materials in a home. Building thermal insulation are materials that reduce the amount of power required to heat or cool a house. Insulation keeps your home cooler in the summer and warmer in the winter. Regional Analysis: North America region dominates the global building thermal insulation market. Increasing demand for residential housing and increased government support in the form of rebate and other tax benefits to the construction companies driving the growth of the market in the region. Europe is other major region for the market. Building safety codes in countries such as U.K., Germany, and France driving the demand of the market in the region. P a g e | 3 Copyright © 2017 Market Research Future.
Building Thermal Insulation Market Research Report - Global Forecast till 2025 3Pages Segmentation On the basis of material, global building thermal insulation market is segmented into Fiber glass, Mineral Wool, PU Foam, and others. Plastic foam dominates the material segment of the market. Factors such as higher thermal resistance (R-Value), versatility, strength, and life span driving the demand of the material. The glass wool segment is expected to witness the highest growth during the forecast period. Lightweight, non-combustible, high tear strength, and corrosion-resistant properties drive the demand for glass wool material. Additionally, increasing usage in masonry cavity walls, timber frame walls, roof rafter, flat roofs, loft, and suspended floor insulations also increase the material demand. Global Building Thermal Insulation Market is segmented into Residential, Commercial, and others. Residential sector dominated the application segment of the market. Increasing housing sector in countries such as the US, India, and China, and the growing awareness regarding energy efficient buildings and rising cost of energy also drive the demand for thermal insulation in residential buildings. Commercial segment is estimated to be the fastest growing application during the forecast period. Intended Audience Building Thermal Insulation manufacturers Raw material suppliers Distributors and suppliers of raw materials Potential investors Research institutes Government bodies P a g e | 4 Copyright © 2017 Market Research Future.
Building Thermal Insulation Market Research Report - Global Forecast till 2025 P a g e | 5 Copyright © 2017 Market Research Future.