Building Thermal Insulation Materials Market Garner US$ 40 bn by 2026 | Leading Competitors by Kingspan Group, Johns Manville Corp, ROCKWOOL International A/S, Paroc Group

This Building Thermal Insulation Materials Market report highlights key market dynamics of Chemical and Materials industry and covers historic data, present market trends, environment, technological innovation, upcoming technologies and the technical progress in the related industry. Attaining complete info about the trends and opportunities in the industry is fairly time consuming process which is eased with this report. Top players in the market, major collaborations, merger and acquisitions along with trending innovation and business policies are also re-evaluated in this market research report. What is more, the statistical data covered in this Building Thermal Insulation Materials report is interpreted with the help of most established tools such as SWOT analysis and Porter’s Five Forces Analysis.

Building Thermal Insulation Materials Market is expected to rise from its initial estimated value of USD 25.75 billion in 2018 to an estimated value of USD 36.90 billion by 2026, registering a CAGR of 4.6% in the forecast period of 2019-2026. Increasing government focus and strict regulations energy efficiency, reducing Greenhouse Emissions, increased demand for insulation in the construction buildings and rising number of manufacturing units drives growth of the global market over the forecast period.

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Market Definition: Global Building Thermal Insulation Materials Market

Thermal insulation is a technique, which is used to reduce the heat transfer between adjacent environments and maintaining an ambient temperature indoors. It mainly is applicable in providing insulation where the heat is mainly reflected back and not absorbed into the particular material. Thermal isolation materials help in reducing the accumulation of heat within the buildings, thus resulting in lower dependence on air conditioning, and thereby also cutting down the energy costs.

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Market Drivers:

Increase in Government focus towards energy efficiency to reduce greenhouse gas emissions is expected to increase the growth of the target market
The increased demand for insulation in the construction buildings and rising number of manufacturing units is another major factor towards driving the global market
Market Restraints:

High capital costs of insulation materials dampen the building thermal insulation materials market
Fluctuations in the raw material prices are another major restraint to the global market
Segmentation: Global Building Thermal Insulation Materials Market

By Product Type

Stone Wool
Glass Wool
Mineral Wool
Plastic Foam
Polyurethane Foam
Polystyrene Foam
Others Plastic Foam
Others
Cellulose
Aerogel
By Temperature Range

-160°C to -50°C
-49°C to 0?°C
-1°C to 100°C
101°C to 650°C
By Application

Roof Insulation
Flat Roof Insulation
Pitch Roof Insulation
Wall Insulation
Interior Wall Insulation
Exterior Wall Insulation
Air Cavity Wall Insulation
Floor Insulation
By End-User

Residential
Individual Homes
Non-Residential
Hospitals
Shopping Malls
Offices
Institutions
Industry
Factories
Other Public Buildings
By Geography

North America
US.
Canada
Mexico
South America

Brazil
Argentina
Rest of South America
Europe

Germany
France
United Kingdom
Italy
Spain
Russia
Turkey
Belgium
Netherlands
Switzerland
Rest of Europe
Asia-Pacific

Japan
China
South Korea
India
Australia
Singapore
Malaysia
Indonesia
Thailand
Philippines
Rest of Asia-Pacific
Middle East and Africa

South Africa
Egypt
Saudi Arabia
United Arab Emirates
Israel
Rest of Middle East and Africa
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Key Developments in the Market:

In July 2018, Knauf Insulation decided to construct the new glass mineral wool plant in Malaysia budgeted to euro 120 million with a capacity of 75,000 tons per year using ECOSE Technology. This would provide the Asia-Pacific region a competitive edge and result in the expansion and growth of the thermal insulation market in the region
In 2014, the Energy Conservation Building Code (ECBC) was been embrace in Andhra Pradesh, India. Under this, commercial and public buildings in the state are believed to reduce the costs and slash energy uses up to 40% to 60%. Promoting the construction of such building will positively impact the building thermal material market as it is used to reduce the heat transfer between adjacent environments and maintaining an ambient temperature indoors
Competitive Analysis:

Global Building Thermal Insulation Materials market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of Building Thermal Insulation Materials market for global, Europe, North America, Asia-Pacific, South America and Middle East & Africa.

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Key Market Competitors:

Few of the major competitors currently working in global building thermal insulation materials market are BASF SE, Saint-Gobain, Owens Corning, DuPont and Dow., Kingspan Group, Johns Manville Corp, ROCKWOOL International A/S, Paroc Group, GAF, Beijing New Building Material (Group) Co., Ltd, Knauf Insulation., Inc. ,PPG Industries Ohio, Inc. , Owens Corning, BYSTRONIC GLASS, Technoform, Nippon Sheet Glass Co., Ltd.,

Key Insights in the report:

Complete and distinct analysis of the market drivers and restraints
Key market players involved in this industry
Detailed analysis of the market segmentation
Competitive analysis of the key players involved

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