Press release
Global Roof Insulation Market Growth Prospects, Future Industry Landscape 2031 | BASF, Berkshire Hathaway Inc, Knauf Insulation GmbH, Owens Corning, Paroc Group, Rockwool International A/S
Roof Insulation Market
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The global roof insulation market report by the business research company identifies growing construction industry to be a major growth driver for the roof insulation market. The construction industry is rising because of impending infrastructural projects, ongoing urbanization, and a growing population base. The increasing energy efficiency requirements and the importance of energy efficiency due to the increasing energy costs in the expanding construction industry are expected to drive the demand for roof insulation products. According to the Global Market Model, the global construction market was estimated to be $12,526.40 billion in 2021 and is expected to reach $17,609.50 billion in 2026, growing at a CAGR of 7.0%. Hence, the growing construction industry will drive the growth of the roof insulation market.
The global roof insulation market size is expected to grow from $9.85 billion in 2021 to $10.35 billion in 2022 at a compound annual growth rate (CAGR) of 5.10%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, surge in commodity prices, and supply chain disruptions, affecting many markets across the globe. The roof insulation market is expected to reach $12.79 billion in 2026 at a compound annual growth rate (CAGR) of 12.79%.
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Asia-Pacific was the largest region in the roof insulation market in 2021. Western Europe is expected to be the fastest-growing region in the forecast period. The regions covered in the roof insulation market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa.
Major players in the roof insulation market are BASF, Berkshire Hathaway Inc, Knauf Insulation GmbH, Owens Corning, Paroc Group, Rockwool International A/S, Saint-Gobain SA, The 3M Company, Kingspan Group plc, The Dow Chemical Company, Beijing New Building Material Co Ltd, Aspen Aerogels Inc, Johns Manville Corporation, Recticel NV, Unifrax and Zotefoams plc.
The global Roof Insulation market is segmented -
1) By Type: Batts and Rolls, Rigid Insulation, Reflective system
2) By Building Type: Residential, Non-Residential
3) By Material: Glass Wool, Stone Wool, Plastic Foam, Others
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The Roof Insulation Market Report Contents Include
1. Executive Summary
2. Roof Insulation Market Characteristics
3. Roof Insulation Market Trends And Strategies
4. Roof Insulation Market - Macro Economic Scenario
5. Roof Insulation Market Size And Growth
....
27. Roof Insulation Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Roof Insulation Market
29. Roof Insulation Market Future Outlook and Potential Analysis
30. Appendix
This report covers the trends and market dynamics of the Roof Insulation market in major countries - Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The report also includes consumer surveys and various future opportunities for the market.
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