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Building Thermal Insulation Market Trends and Forecast
The future of the global building thermal insulation market looks promising with opportunities in residential and non-residential buildings. The global building thermal insulation market is expected to reach an estimated $54.5 billion by 2030 with a CAGR of 4.8% from 2024 to 2030. The major drivers for this market are growth in building and construction industry and stringent government regulations for reduction of greenhouse gas emission and to increase energy efficiency.Emerging Trends in the Building Thermal Insulation Market
The emerging trends, which have a direct impact on the dynamics of the building thermal insulation industry, include shift towards greener insulation alternatives and increasing demand for high-temperature thermal insulation.A total of 150 figures / charts and 70 tables are provided in this 180-page report to help in your business decisions.
Building Thermal Insulation Market by Segment
The study includes trends and forecast for the global building thermal insulation market by application, material, end use industry, and region as follows:By Material [Kilotons and $M shipment analysis from 2018 to 2030]:
- Plastic Foam
- Fiberglass
- Stone Wool
- Others
By End Use Industry [Kilotons and$M shipment analysis from 2018 to 2030]:
- Residential
- Non- Residential
By Application [Kilotons and $M shipment analysis from 2018 to 2030]:
- Walls
- Roofs
- Floors
By Region [Kilotons and$M shipment analysis from 2018 to 2030]:
- North America
- Europe
- Asia Pacific
- The Rest of the World
List of Building Thermal Insulation Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies building thermal insulation companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the building thermal insulation companies profiled in this report includes.- Owens Corning
- Kingspan Group
- Saint-Gobain
- Rockwool
- BASF
- Huntsman
- DOW
- Johns Manville
Building Thermal Insulation Market Insight
- The publisher forecasts that the fiberglass material segment is likely to experience the highest growth during the forecast period due to its environment-friendly and better flame-retardant properties.
- Residential is expected to remain the largest market by value and volume. Growth in housing demand and increasing awareness of energy efficiency would spur growth for this segment over the forecast period.
- Europe is expected to remain the largest market due to stringent government regulations to lower energy consumption and reduction in greenhouse gas emissions. Asia Pacific is expected to witness good growth over the forecast period because of increasing awareness of energy efficiency and growth in housing demand.
Features of Building Thermal Insulation Market
- Market Size Estimates:Building thermal insulation market size estimation in terms of value ($M) and volume (kilotons)
- Trend and Forecast Analysis:Market trends (2018-2023) and forecast (2024-2030) by various segments and regions.
- Segmentation Analysis:Building thermal insulation market size by various segments, such as end use industry, material, and application, in terms of value and volume.
- Regional Analysis:Building thermal insulation market breakdown by North America, Europe, Asia Pacific, and the Rest of the World.
- Growth Opportunities:Analysis on growth opportunities in different end use industries, applications, materials, and regions for the building thermal insulation market.
- Strategic Analysis:This includes M&A, new product development, and competitive landscape for the building thermal insulation market.
- Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q1. What is the building thermal insulation market size?Answer: The global building thermal insulation market is expected to reach an estimated $54.5 billion by 2030.
Q2. What is the growth forecast for building thermal insulation market?
Answer: The building thermal insulation market is expected to grow at a CAGR of 4.8% from 2024 to 2030.
Q3. What are the major drivers influencing the growth of the building thermal insulation market?
Answer: The major drivers for this market are growth in building and construction industry and stringent government regulations for reduction of greenhouse gas emission and to increase energy efficiency.
Q4. What are the major applications or end use industries for building thermal insulation?
Answer: residential and non-residential are the major end use industries for building thermal insulation market.
Q5. What are the emerging trends in building thermal insulation market?
Answer: The emerging trends, which have a direct impact on the dynamics of the building thermal insulation industry, include shift towards greener insulation alternatives and increasing demand for high-temperature thermal insulation.
Q6. Who are the key building thermal insulation companies?
Answer: Some of the key building thermal insulation companies are as follows:
- Owens Corning
- Kingspan Group
- Saint-Gobain
- Rockwool
- BASF
- Huntsman
- DOW
- Johns Manville
Answer: The publisher forecasts that the fiberglass material segment is likely to experience the highest growth during the forecast period due to its environment-friendly and better flame-retardant properties.
Q8. In building thermal insulation market, which region is expected to be the largest in next 5 years?
Answer: Asia Pacific is expected to remain the largest region and witness the highest growth over next 5 years
Q9. Do we receive customization in this report?
Answer: Yes, the publisher provides 10% Customization Without any Additional Cost.
This report answers following 11 key questions
Q.1: What are some of the most promising, high-growth opportunities for the global building thermal insulation market by material (plastic foam, fiberglass, stone wool, and others), application (walls, roofs, and floors), end use (residential and non-residential), and region (North America, Europe, APAC and ROW)?Q.2: Which segments will grow at a faster pace and why?
Q.3: Which regions will grow at a faster pace and why?
Q.4: What are the key factors affecting market dynamics? What are the drivers and challenges of the market?
Q.5: What are the business risks and threats to the market?
Q.6: What are the emerging trends in this market and reasons behind them?
Q.7: What are some changing demands of customers in the building thermal insulation market?
Q.8: What are the new developments in the market? Which building thermal insulation companies are leading these developments?
Q.9: Who are the major building thermal insulation suppliers? What strategic initiatives are being implemented by key players for business growth?
Q.10: What are some of the competitive products and processes of building thermal insulation companies in this area and how big of a threat do they pose for loss of market share via materials / product substitution
Q.11: What M & A activities did take place in the last five years in this market? What reasons can be attributed to these activities and how have they impacted the industry?
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Table of Contents
1. Executive Summary
2. Market Background and Classifications
3. Market Trends and Forecast Analysis from 2018 to 2030
4. Market Trends and Forecast Analysis by Region
5. Competitor Analysis
6. Growth Opportunities and Strategic Analysis
7. Company Profiles of Leading Players
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Owens Corning
- Kingspan Group
- Saint-Gobain
- Rockwool
- BASF
- Huntsman
- DOW
- Johns Manville
Methodology
The analyst has been in the business of market research and management consulting since 2000 and has published over 600 market intelligence reports in various markets/applications and served over 1,000 clients worldwide. Each study is a culmination of four months of full-time effort performed by the analyst team. The analysts used the following sources for the creation and completion of this valuable report:
- In-depth interviews of the major players in the market
- Detailed secondary research from competitors’ financial statements and published data
- Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
- A compilation of the experiences, judgments, and insights of professionals, who have analyzed and tracked the market over the years.
Extensive research and interviews are conducted in the supply chain of the market to estimate market share, market size, trends, drivers, challenges and forecasts.
Thus, the analyst compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. The analyst then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process.
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