$32.2 Billion Building Thermal Insulation Markets: Global Analysis by Material, Application, Building Type and Region - Forecast to 2023 - ResearchAndMarkets.com
The "Global
Building Thermal Insulation Market - by Material, Application, Building
Type, Region - Market Size, Demand Forecasts, Company Profiles, Industry
Trends and Updates (2017-2023)" report has been added to ResearchAndMarkets.com's
offering.
The global building thermal insulation market is forecasted to reach
32.3 billion USD by 2023 from 25.6 billion USD in 2017 with a CAGR of
3.95% during the period.
Rising energy costs and growing awareness regarding energy conservation
are the key factors driving the market. The introduction of various
policy and regulations supporting the demand of insulation in
residential and commercial buildings is also fueling the market growth.
However, fluctuating crude oil prices that influence the plastic foam
usage and increasing health concerns, which includes prolonged exposure
to polyurethane foam leading to asthma and breathing problems, will
hamper the market growth.
In 2017, North America had the largest market share owing to stringent
regulations related to energy conservation and reduction of carbon
footprint, particularly in United States. Europe will have major market
share in the coming years due to increasing energy costs and high
awareness regarding the benefits of insulation. On the other hand, Asia
Pacific will be fastest growing region due to increasing government
spending in construction of public and commercial infrastructure in
emerging economies like India, China and Japan.
Industry Trends & Updates
-
In March 2017, Ashburton Ventures entered the vacuum insulation panel
(VIP) market in partnership with ZMM Canada Minerals, targets the
construction market.
-
In January 2018, ROCKWOOL announced the setup of its new manufacturing
facility in West Virginia, the United States. In October this year,
the construction of the facility is expected to begin, on the 130-acre
site in the City of Ranson, with initial production of ROCKWOOL's
stone wool insulation.
Companies Profiled
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Saint-Gobain
-
Kingspan Group
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CertainTeed
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Huntsman
-
Johns Manville
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Owens Corning
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DowDuPont
-
Knauf Insulation
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Rockwool
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Paroc
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Llyod Insulations
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Demilec
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Firestone
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Cabot
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Covestro
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and more...
Key Topics Covered
1. Research Methodology
2. Executive Summary
3. Market Overview
4. Market Dynamics
5. Global Building Thermal Insulation Market Segmentation, Forecasts and
Trends - by Material
6. Global Building Thermal Insulation Market Segmentation, Forecasts and
Trends - by Application
7. Global Building Thermal Insulation Market Segmentation, Forecasts and
Trends - by Building Type
8. Global Building Thermal Insulation Market Segmentation, Forecasts and
Trends - by Region
9. Company Market Share Analysis
10. Company Profiles
11. Industry Structure
12. Global Building Thermal Insulation Market - The Road Ahead
For more information about this report visit https://www.researchandmarkets.com/research/ct25th/32_2_billion?w=4
View source version on businesswire.com: https://www.businesswire.com/news/home/20181003005465/en/
Copyright Business Wire 2018
Source: Business Wire
(October 3, 2018 - 8:19 AM EDT)
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