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Building Thermal Insulation Market Report 2023: Comprehensive Research Study By Key Players: Johns Manville, Saint-Gobain S.A, BASF SE, Kingspan Group PLC, Owens Corning, Huntsman International LLC

08-08-2023 08:09 AM CET | Fashion, Lifestyle, Trends

Press release from: The Business research company

Building Thermal Insulation Market Report

Building Thermal Insulation Market Report

The Business Research Company's global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

The Business Research Company's Building Thermal Insulation Global Market Report 2023 the increase in the construction of green buildings acts as the major driver for the building thermal insulation market's growth in the forecast period. For instance, according to Times Property, an India-based e-commerce property sales, and purchase platform, in 2020, construction of green buildings increased in India. There was a 37% increase in buildings with green certification.

The global building thermal insulation market size grew from $29.04 billion in 2022 to $30.37 billion in 2023 at a compound annual growth rate (CAGR) of 4.6%. 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, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The building thermal insulation market size is expected to grow to $34.56 billion in 2027 at a CAGR of 3.3%.

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Major competitors in the building thermal insulation market are Johns Manville, Saint-Gobain S.A, BASF SE, Kingspan Group PLC, Owens Corning, Huntsman International LLC, Rockwool A/S, GAF Materials Corporation, Knauf Insulation, Firestone Building Products, Cabot Corporation, Dow Silicones Corporation, Covestro AG, URSA Insulation, Paroc Group Oy, Atlas Roofing Corporation, KCC Corporation, Beijing New Building Materials Public Limited Company, Trocellen GmbH, Lapolla Industries Inc., NICHIAS Corporation, Fletcher Building Limited, Lloyd Insulations India Ltd., and ODE Insulation.

A key trend in the building thermal insulation market includes the technological advancement. For instance, in March 2022, ACC Ltd., an India-based building material manufacturer introduced a new product called the ACC Atrium, a thermal insulating climate control concrete system manufactured by using based insulating technology a unique technology that can insulate the roof while it is being built.

Read More On The Global Building Thermal Insulation Market Report Here:
https://www.thebusinessresearchcompany.com/report/building-thermal-insulation-global-market-report

The building thermal insulation market is segmented -

• By Material: Foamed Plastic, Mineral Wool, Aerogels, Cellulose, Other Materials

• By Product: Glass Wool, Mineral Wool, Expanded polystyrene (EPS), Extruded polystyrene (XPS), Other Products

• By Application: Roof Insulation, Wall Insulation, Floor Insulation

• By End Use: Residential, Commercial, Industrial

• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. Asia-Pacific was the largest region in the building thermal insulation market

The Business Research Company's "Global Building Thermal Insulation Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.

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The Table Of Content For The Building Thermal Insulation Market Include:
1. Executive Summary
2. Building Thermal Insulation Market Characteristics
3. Building Thermal Insulation Market Trends And Strategies
4. Building Thermal Insulation Market - Macro Economic Scenario
5. Building Thermal Insulation Market Size And Growth
……………
27. Building Thermal Insulation Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Building Thermal Insulation Market
29. Building Thermal Insulation Market Future Outlook And Potential Analysis
30. Appendix

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