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Building Thermal Insulation - Global Market Initiatives Undermines Real Profits for Prominent Vendors

11-21-2016 01:19 PM CET | Energy & Environment

Press release from: Big Market Research

/ PR Agency: Big Market Research
Building Thermal Insulation - Global Market Initiatives

According to Stratistics MRC, the Global Building Thermal Insulation market is accounted for $24.65 billion in 2015 and is expected to reach $34.41 billion by 2022 growing at a CAGR of 4.9%. Nurtured environmental benefits attached with these materials have resulted in gradual increase of residential as well as industrial buildings, but inhibiting carbon footprints is making it a government supported incentive. Focused Green House Gases emission reduction and cost efficiency are factors hailing the market, whereas lack of awareness and slow growth are the factors inhibiting the scenario.

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Wool insulation accounted for largest market share but plastic foam segment witnessed highest growth owing to higher thermal resistance, versatility, strength and higher life span. Increasing residential spaces had registered a flawless growth in roof insulation application and vice versa. North America is holding the largest market share followed by Europe, attributing to stringent energy efficiency regulations for buildings that drive the penetration of insulation in the overall building stock and increase the amount of insulation needed per building.

End-Users Covered:

• Residential insulation
o Individual homes
• Non-Residential insulation
o Offices
o Factories
o Institutions
o Hospitals

Get Report Full Details @ http://www.bigmarketresearch.com/building-thermal-insulation-global-outlook-2016-2022-market

Applications Covered:

• Wall Insulation
o Cavity Walls
o External Walls
o Internal Walls

What our report offers:

- Market share assessments for the regional and country level segments
- Market share analysis of the top industry players
- Strategic recommendations for the new entrants
- Market forecasts for a minimum of 7 years of all the mentioned segments, sub segments and the regional markets
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations

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