Press release
Key Trend Reshaping the Roof Insulation Market in 2025: Foam Based Insulation Product Boost Market
Roof Insulation
The expansion of the roof insulation market is expected to be driven by the upsurge in residential construction projects. This refers to the creation or refurbishment of spaces like buildings, apartments, and habitation units meant for private use. In such spaces, roof insulation has a pivotal part in enhancing energy conservation, curbing energy costs, and fortifying the protection of the structures. For example, data showcased by Welsh Government, a UK government site for Wales, in August 2023, revealed that during 2022-23, the completion of new homes in Wales was 5,785. This represented a growth of 10% over the previous year. Consequently, the escalation in residential construction projects plays a significant role in fueling the expansion of the roof insulation market.
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How will the growth rate of the roof insulation market shape industry trends by 2034?
There has been a consistent expansion in the roof insulation market size over the past few years. Projections indicate that it will escalate from $10.63 billion in 2024 to $11 billion in 2025, showing a compound annual growth rate (CAGR) of 3.5%. Factors that have contributed to the growth during the historic period include energy efficiency regulations, an increase in construction and building activities, heightened awareness of energy conservation, a need for thermal comfort, along with government incentives and rebate programs.
In the coming years, the roof insulation market is projected to experience robust expansion. It is anticipated to reach $13.37 billion by 2029, with a compound annual growth rate (CAGR) of 5.0%. The growth during this forecasted period is expected to be driven by factors like urbanization and population increase, advancements in the construction materials sector, renovation and retrofit projects, stringent environmental standards, and concerns over energy costs. Key trends within this period predicted include the adoption of intelligent insulation solutions, emphasis on noise reduction and sound insulation, an increased demand for recyclable insulation materials, custom features for energy-efficient structures, and government-led initiatives promoting energy-efficient construction.
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What trends are poised to drive the future success of the roof insulation market?
Leading corporations in the roof insulation materials market are prioritizing the development of novel technologies to uphold their market standing. For instance, Profoam Corporation, an insulator foam enterprise from Georgia, introduced its NEW ProFill High Density .75/lb Density Open Cell Spray Foam insulation in April 2022. The newly launched ProFill spray foam brings superior dimensional stability and enhanced spraying performance at reasonable prices. Moreover, it is an environment-friendly product with a low GWP (Global Warming Potential). Boasting a significant yield of 9,000 - 10,000 board feet, it allows contractors to gain more profitability as opposed to classic closed-cell alternatives.
Which primary segments of the roof insulation market are driving growth and industry transformations?
The roof insulation market covered in this report 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, Other Materials
4) By Application: Flat Roof, Pitched Roof
Subsegments:
1) By Batts And Rolls: Fiberglass Batts, Mineral Wool Batts, Rock Wool Batts
2) By Rigid Insulation: Polyisocyanurate Panels, Extruded Polystyrene (XPS) Boards, Expanded Polystyrene (EPS) Boards
3) By Reflective System: Radiant Barriers, Reflective Insulation Systems
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Which geographical regions are pioneering growth in the roof insulation market?
Asia-Pacific was the largest region in the roof insulation market in 2024. 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, Middle East, Africa.
Who are the influential players reshaping the roof insulation market landscape?
Major companies operating in the roof insulation market include BASF SE, Saint-Gobain SA, Dow Inc., Owens Corning Inc., Kingspan Group plc, Huntsman International LLC, Carlisle SynTec Systems, Rockwool International A/S, Synthos SA, Beijing New Building Material (Group) Co Ltd., Knauf Insulation GmbH, Morgan Advanced Materials plc, Certain-teed Products Corporation., Paroc Group Oyj, IKO Industries Ltd., Atlas Roofing Corporation, Johns Manville Corp, Aspen Aerogels Inc., Guardian Building Products Inc., Lapolla Industries Inc., Lloyd Insulations (India) Limited, Recticel Insulation Oy Company, Soprema USA, Superglass Insulation Ltd., Technonicol Corporation, Ursa Group
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What Is Covered In The Roof Insulation Global Market Report?
•Market Size Forecast: Examine the roof insulation market size across key regions, countries, product categories, and applications.
•Segmentation Insights: Identify and classify subsegments within the roof insulation market for a structured understanding.
•Key Players Overview: Analyze major players in the roof insulation market, including their market value, share, and competitive positioning.
•Growth Trends Exploration: Assess individual growth patterns and future opportunities in the roof insulation market.
•Segment Contributions: Evaluate how different segments drive overall growth in the roof insulation market.
•Growth Factors: Highlight key drivers and opportunities influencing the expansion of the roof insulation market.
•Industry Challenges: Identify potential risks and obstacles affecting the roof insulation market.
•Competitive Landscape: Review strategic developments in the roof insulation market, including expansions, agreements, and new product launches.
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