Press release
Know How Building Thermal Insulation Market is Thriving Worldwide? Top Industry Players - Owens Corning, Dow, Johns Manville, Huntsman International, CertainTeed, Kingspan Group, Saint-Gobain.
Building Thermal Insulation Market size from roof applications will grow at a rate of nearly 4% over the period of 2017-2024. The growth can be credited to the high demand for flat roofs in the commercial buildings. Flat roofs are expected to collect a revenue of more than USD 5.6 billion by 2024.Floor applications, which contributed over 19% toward building thermal insulation market share in 2016, are forecast to witness a substantial expansion over the years to come. Rise in the number of construction projects along with swift urbanization trends will push the revenue.
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Reduced GHG emissions, high energy preservation, and the prospering construction sector are expected to spur building thermal insulation market size. As per reliable statistics, global construction funding, which was more than USD 7.5 trillion in 2016, is anticipated to exceed USD 13 trillion by 2024. This is certain to help industry players discover new growth avenues in the business, thereby boosting building thermal insulation market trends. Escalating product popularity can be attributed to its beneficial features such as ease of installation, longevity, moisture sensitivity, better conductivity, and compressive strength. According to Global Market Insights, Inc.,” Building thermal insulation industry value, which was estimated at USD 25 billion in 2016, is projected to surpass USD 34.9 billion by 2024.”
Building floors, walls, and roofs essentially require thermal insulation. Wall applications, which contributed more than USD 12 billion toward building thermal insulation industry revenue in 2016, are expected to grow considerably over the years to come. The mounting requirement for minimizing power consumption along with weather proofing needs will boost the product usage across this application.
Building thermal insulation makes use of expanded polystyrene, wood insulation, and polyurethanes materials. Wool insulation material, which contributed more than 50% toward building thermal insulation industry share in 2016, is expected to drive the market revenue over the years ahead. Rising product popularity across commercial and residential sectors will influence the business landscape.
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Residential sector, which contributed over 56% of building thermal insulation market share in 2016, is expected to record a CAGR of more than 4% during the period from 2017 to 2024. A substantial rise in the disposable incomes of consumers and their increasing purchase parity will favorably influence the business space.
Kingspan Group, huntsman international LLC., Saint-Gobain, Dow Building Solutions, BASF Polyurethanes GmbH, Owens Corning, CertainTeed Corporation, and Johns Manville are the key players in building thermal insulation market.
Partial Chapter of the Table of Content
Chapter 2. Executive Summary
2.1. Building thermal insulation market 3600 synopsis, 2013 –2024
2.1.1. Business trends
2.1.2. Material trends
2.1.3. Application trends
2.1.4. End-Use trends
2.1.5. Regional trends
Chapter 3. Building Thermal Insulation Industry Insights
3.1. Building Thermal Insulation Industry segmentation
3.2. Building Thermal Insulation Industry landscape, 2013 - 2024
3.3. Building Thermal Insulation Industry ecosystem analysis
3.3.1. Distribution channel analysis
3.3.2. Vendor matrix
3.3.2.1. Key manufacture contact list
3.3.2.2. Product portfolio
3.3.2.3. Global presence
3.4. Pricing analysis
3.4.1. Regional pricing
3.4.1.1. North America
3.4.1.2. Europe
3.4.1.3. Latin America
3.4.1.4. APAC
3.4.1.5. MEA
3.4.2. Cost structure analysis
3.4.2.1. Energy costs
3.4.2.2. Building design
3.4.2.3. Climatic conditions
3.5. Regulatory landscape
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3.5.1. Energy efficiency requirements in building codes
3.5.2. Energy efficiency policies for new buildings
3.5.2.1. U.S.
3.5.2.2. Canada
3.5.2.3. Europe
3.5.2.4. China
3.5.2.5. Japan
3.5.2.6. India
3.6. Global construction industry outlook
3.6.1. Trends & forecast, by region
3.6.2. Global construction spending, by region
3.6.3. Upcoming building thermal insulation projects
3.6.4. Energy consumption in different sectors
3.6.4.1. Industrial
3.6.4.2. Residential
3.6.4.3. Commercial
3.6.4.4. Transport
3.6.4.5. Others
3.7. Industry impact forces
3.7.1. Growth drivers
3.7.1.1. Greenhouse gas emission reduction
3.7.1.2. Tough government carbon targets
3.7.1.3. Increasing demand for energy requirement
3.7.2. Industry pitfalls & challenges
3.7.2.1. Lack of awareness
3.7.2.2. Stagnant growth of construction industry in Europe
3.8. Growth potential analysis
3.9. Global thermal insulation market outlook (Parent market overview)
3.9.1. Trends
3.9.2. Customer requirements
3.9.3. Insulation benefits
3.9.3.1. Environmental
3.9.3.2. Economical
3.9.3.3. Social
3.9.4. Thermal insulation market analysis & forecast, 2015 - 2024
3.10. Raw material trends
3.10.1. Hot insulation material
3.10.2. Cold insulation material
3.11. Innovation & sustainability
3.12. Porter's analysis
3.13. Competitive landscape, 2016
3.13.1. Top players overview
3.13.2. Investment analysis
3.13.3. Key stakeholders
3.13.4. Strategy dashboard
3.14. PESTEL analysis
About Global Market Insights:
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.
Contact Us:
Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
Phone:1-302-846-7766
Toll Free: 1-888-689-0688
Email: sales@gminsights.com
Web: https://www.gminsights.com/
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