MARKET OUTLOOK
According to this report, it is estimated that the building insulation market in Latin America will surge at a CAGR of 3.79% and 3.28% based on revenue and volume during the assessed years of 2021-2028. Brazil, Mexico, and Rest of Latin America shape the overall market in this region.In Mexico, the government has placed an obligation on all housing initiatives and projects across Mexico, considering them a major priority. For instance, the country is working closely to strengthen the housing sector to solve its housing deficit across the country. Furthermore, all housing agencies, including government and private, promote projects and seek private investments to eliminate the housing deficit countrywide. Hence, favorable government initiatives to support the growth of the construction sector are likely to positively impact the development of the building insulation market in the near future.
In Rest of Latin America, countries such as Argentina, Columbia, and Chile are showing gradual growth in this construction sector. Argentina, for instance, is facing high inflation rates in the past few years. However, the trade and investment-friendly policies introduced by the government for the new liberalization agenda are supporting the growth of the economy within the country. Hence, such aspects support the growth of the construction sector, further fueling the expansion of the building insulation market over the forecast period.
COMPETITIVE OUTLOOK
The leading companies in the building insulation market consist of Beijing New Building Material (Group) Co Ltd, BASF, Johns Manville Corporation (Berkshire Hathaway), Owens Corning, Huntsman Corporation, and Saint-Gobain SA.Table of Contents
1. Latin America Building Insulation Market - Summary
2. Industry Outlook
3. Latin America Building Insulation Market Outlook - by End-User
4. Latin America Building Insulation Market Outlook - by Application
5. Latin America Building Insulation Market Outlook - by Material
6. Building Insulation Market - Latin America
7. Competitive Landscape
8. Research Methodology & Scope
List of Tables
List of Figures
Companies Mentioned
A selection of companies mentioned in this report includes:
- Basf
- Beijing New Building Material (Group) Co Ltd
- Gaf Materials Corporation
- Johns Manville Corporation (Berkshire Hathaway)
- Huntsman Corporation
- Kingspan Group
- Knauf Insulation Inc
- Owens Corning
- Paroc Group
- Rockwool International A/S
- Dow Chemical Company
- Saint-Gobain Sa
Methodology
LOADING...