Roof Insulation Market Key Highlights by Application (Large Enterprise, SMB), Specification, Technology and Forecast to 2022

Market Overview:

The global roof insulation market is a progressing market, and is expected to witness high growth over the forecast period. Insulation is a material or a blend of two or more materials that can be used to avoid heat loss or heat gain to save the valuable energy. The material is available in any size, and shape, as per the different applications. It acts as a barrier to heat loss and heat gain, particularly in roofs and ceilings, walls and floors. It has the ability to protect the environment from greenhouse gasses and improves the working efficiencies of the system. Insulation is also very effective at absorbing sound and will help reduce noise transmission through the building, giving you a quieter and more comfortable environment, which acts as a major driving factor for the market growth.

The popularity of building insulation and other applications have grown over the last few years. It can be used for different purposes such as sound, heat, and electricity insulation. The key drivers for the growth of the insulation products market are increasing consumer awareness regarding energy conservation, and rise in construction & industrial activities. The insulation products can be found in households, commercial and industries applications.

Besides saving energy and reducing the costs incurred in energy consumption, roof insulation brings down the pollution level and enhances the comfort zone inside the building, which is the major driving factor of the market. Moreover, strict laws for energy preservation, environment protection, sustainable development has prompted rise in demand of insulation products.

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Market Trend / Influence:

The global roof insulation market has been segmented, based on material, of which the glass wool segment accounted for the largest market share, in the forecast period. On the basis of insulation type, it has been segmented as batts & rolls, rigid insulation, reflective systems and others. Batts & rolls segment stands at the first place, and are expected to grow further in the forecast period. On the basis of application, it is segmented as pitched and flat. Flat roof is expected to dominate the market by application due to cost-efficient roof shape and the capability of absorbing a high amount of solar energy. Roof insulation market is expected to grow at a CAGR of more than 4.12%.

Growing consumer awareness regarding energy conservation, is expected to remain a key driving factor for global roof insulation market. The most important advantage of insulation is that it reduces home temperatures, be it high or low temperatures. Insulation keeps homes more consistent without the need of heaters and air conditioners. In many homes, insulation is the most practical and cost-effective way to make a house more energy efficient, keeping it cooler in summer and warmer in winter, thus saving up to 80% in heating and cooling losses. In addition, insulation may reduce condensation in homes.

Scope of the report:

This study provides an overview of the global roof insulation market, tracking one market segment across four geographic regions. The report studies key players, providing a five-year annual trend analysis that highlights market size, volume and share for North America, Europe, Asia Pacific (APAC) and Rest of the World (ROW). The report also provides a forecast, focusing on the market opportunities for the next five years for each region. The scope of the study segments the global Roof Insulation market by its product and region.

 By Type
• Batts & Rolls
• Rigid Insulation
• Reflective Systems
• Others

 By Material
• Glass Wool
• Stone Wool
• Plastic Foam
• Others

 By Application
• Flat Roof
• Pitched Roof

 By Region
• North America
• Asia Pacific
• Europe
• Rest of the World

Key Players:

International A/S (Denmark),
Knauf Insulation GmbH (Germany),
Saint-Gobain (France),
Owens Corning Corporation (U.S.),
Berkshire Hathaway, Inc. (U.S.),
BASF (Germany),
The 3M Company (U.S.),
Rockwool International (Denmark),
The Dow Chemical Company (U.S.),
Paroc (Finland).

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