Global Building Thermal Insulation Market Growth 2023-2029

Global Building Thermal Insulation Market Growth 2023-2029

Building insulation materials are the building materials which form the thermal envelope of a building or otherwise reduce heat transfer.

Insulation may be categorized by its composition (natural or synthetic materials), form (batts, blankets, loose-fill, spray foam, and panels), structural contribution (insulating concrete forms, structured panels, and straw bales), functional mode (conductive, radiative, and convective), resistance to heat transfer, environmental impacts, and more. Sometimes a thermally reflective surface called a radiant barrier is added to a material to reduce the transfer of heat through radiation as well as conduction.

LPI (LP Information)' newest research report, the “Building Thermal Insulation Industry Forecast” looks at past sales and reviews total world Building Thermal Insulation sales in 2022, providing a comprehensive analysis by region and market sector of projected Building Thermal Insulation sales for 2023 through 2029. With Building Thermal Insulation sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Building Thermal Insulation industry.

This Insight Report provides a comprehensive analysis of the global Building Thermal Insulation landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Building Thermal Insulation portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Building Thermal Insulation market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Building Thermal Insulation and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Building Thermal Insulation.

The global Building Thermal Insulation market size is projected to grow from US$ 25410 million in 2022 to US$ 29980 million in 2029; it is expected to grow at a CAGR of 29980 from 2023 to 2029.

Global building thermal insulation materials main manufacturers include Saint-Gobain, Kingspan Group, Rockwool International, Johns Manville, Owens Corning, Knauf Insulation, Dow, etc., totally accounting for about 73% of the market. Europe is the largest market, with a share over 38%. As for the types of products, it can be divided into stone or rock wool, glass wool, EPS or XPS and others. The most common product is stone or rock wool, with a share over 41%. In terms of applications, it is widely used in roof, wall, floor and others. The most common application is wall, with a share about 60%.

This report presents a comprehensive overview, market shares, and growth opportunities of Building Thermal Insulation market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type
Glass Wool
Mineral Wool
EPS
XPS

Segmentation by application
Residential
Commercial Building

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
GAF Materials Corporation
Huntsman
Atlas Roofing Corporation
Dow Building Solutions
Owens Corning Corp.
Saint-Gobain S.A
BASF Polyurethanes GmbH
Guardian Building Products, Inc.
Johns Manville Corporation
Cellofoam North America, Inc.
CertainTeed Corporation
Roxul, Inc.
Byucksan Corporation
Kingspan Group PLC

Key Questions Addressed in this Report

What is the 10-year outlook for the global Building Thermal Insulation market?

What factors are driving Building Thermal Insulation market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Building Thermal Insulation market opportunities vary by end market size?

How does Building Thermal Insulation break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.