Press release
Building Thermal Insulation Market Growth Analysis 2024 By Top Key Players - Dow, Owens Corning, Johns Manville, Huntsman International, CertainTeed, Kingspan Group, BASF Polyurethanes
Building Thermal Insulation
UAE is anticipated to worth more than USD 260 million in 2016 and has become one of the most attractive hub for infrastructure spending. Increased adoption of technologies for curbing hot weather conditions, greenhouse gases and improved business environment will strengthen the product demand.
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Global industry share includes Dow, Owens Corning, Johns Manville, Huntsman International, CertainTeed, Kingspan Group, BASF Polyurethanes, and Saint-Gobain.
Rising demand for energy conservation and high growth in construction spending will propel building thermal insulation market. Global construction industry was valued above USD 7 trillion in 2015 and will exceed USD 14 trillion by 2024. China, U.S and India together accounted for nearly 55% share in the same year.
High energy saving, reduced carbon footprints, and easy product availability are key factors fueling building thermal insulation market. Heat loss in a building through its walls, roofs and floors accounts for more than 70%. Benefits offered such as room temperature maintenance at minimum possible energy consumption will increase the product penetration.
Wool insulation material contributes more than 50% of consumption in building thermal insulation market in 2016. Increasing demand from commercial and residential construction will drive the product demand. It is extensively used in sheets & blankets form with a temperature sustaining capacity of above 400 degrees Celsius.
Increasing adoption rate of International Energy Conservation Code (IECC) from 2012 has stimulated product growth in construction sector. Additionally, government norms corresponding to limited greenhouse gas emissions and energy conservation is anticipated to drive building thermal insulation market.
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Flat roof will surpass USD 5.6 billion till 2024. Inclination towards flat roof trends in commercial sector will drive the segment growth. Commercial sector expansion in terms of grocery stores, convenience stores, and shopping malls will enhance building thermal insulation market growth.
Wall application was valued over USD 12 billion in 2016. Weather proofing requirements and enhancement towards energy efficiency will boost the application usage in the market. Heat transfer from walls in a building accounts for 35% of total heat loss.
Table of Content:
Chapter 1 Methodology & Scope
Chapter 2 Executive Summary
Chapter 3 Building Thermal Insulation Industry Insights
Chapter 4 Building Thermal Insulation Market, By Materials
Chapter 5. Building Thermal Insulation Market, By Application
Chapter 6 Building Thermal Insulation Market, By End-Use
Chapter 7 Building thermal insulation Market, By Region
Chapter 8 Company Profiles
More Details on this Report At: https://www.marketstudyreport.com/reports/building-thermal-insulation-market
Related Report:
United States Building Thermal Insulation Materials Market Report 2018
In this report, the United States Building Thermal Insulation Materials market is valued at USD XX million in 2017 and is expected to reach USD XX million by the end of 2025, growing at a CAGR of XX% between 2017 and 2025.
https://www.marketstudyreport.com/reports/united-states-building-thermal-insulation-materials-market-report-2018/?utm_source=RR-PSR
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