Categories: Market Research

Building Thermal Insulation Market Size and Forecast 2024-2033| Johns Manville, Saint-Gobain S.A., Baden Aniline and Soda Factory, Kingspan Group PLC, Owens Corning,

Overview and Scope

Building thermal insulation refers to thermal insulation that prevents heat from moving from one substance to another when they are in thermal contact. The thermal conductivity of insulation serves as a measurement and is accomplished using low thermally conductive materials.

Sizing and Forecast

The building thermal insulation market size has grown steadily in recent years. It will grow from <b>$29.76 billion in 2023 to $30.75 billion in 2024 at a compound annual growth rate (CAGR) of 3.3%. </b> The  growth in the historic period can be attributed to energy efficiency regulations and building codes driving demand for insulation, increasing awareness of environmental sustainability and energy conservation, increased construction industry, fluctuating energy prices, and government incentives.

The building thermal insulation market size is expected to see steady growth in the next few years. It will grow to <b>$35.83 billion in 2028 at a compound annual growth rate (CAGR) of 3.9%. </b> The growth in the forecast period can be attributed to climate change mitigation efforts and the need for energy-efficient buildings, adoption of green building certifications and standards, research and development of high-performance and sustainable insulation materials, increasing demand for passive house and zero-energy building designs, and urbanization and population growth. Major trends in the forecast period include biodegradable and sustainable insulation materials, aerogel insulation, prefabricated insulation panels, high-performance insulation for cold climates, and insulation for aging buildings.

To access more details regarding this report, visit the link:

https://www.thebusinessresearchcompany.com/report/building-thermal-insulation-global-market-report

Segmentation & Regional Insights

The building thermal insulation market covered in this report is segmented –

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

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

3) By Application: Roof Insulation, Wall Insulation, Floor Insulation

4) By End Use: Residential, Commercial, Industrial

<b>Asia-Pacific</b> was the largest region in the building thermal insulation market in 2023. The regions covered in the building thermal insulation market report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.

Intrigued to explore the contents? Secure your hands-on sample copy of the report:

https://www.thebusinessresearchcompany.com/sample.aspx?id=7681&type=smp

Major Driver Impacting Market Growth

The increase in the construction of green buildings is expected to propel the growth of the building thermal insulation market going forward. A green building minimizes or eliminates harmful effects on the climate and natural environment during design, construction, or operation. Green structures don’t affect natural resources and raise the standard of living. Building thermal insulation is used in the construction of green buildings to make them more energy efficient, and it also helps to keep the building cool naturally. 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. Further, according to CBRE, a US-based commercial real estate company, the overall amount of green assets in India has increased to nearly 40%. Further, according to the Singapore Green Building Council, a Singapore-based government organization, for the year 2021, 49% of Singapore’s buildings have been greened, and it is estimated to increase by 80% in 2030. Therefore, an increase in the construction of green buildings is driving the growth of the building thermal insulation market.

Key Industry Players

Major companies operating in the building thermal insulation market include <b> Johns Manville, Saint-Gobain S.A., Baden Aniline and Soda Factory, Kingspan Group PLC, Owens Corning, Rockwool International A/S, GAF Materials Corporation, Guardian Building Products Inc., CertainTeed Corporation, Knauf Insulation, Armacell International S.A., Dow Inc., Huntsman Corporation, Cabot Corporation, Recticel NV, Paroc Group, URSA Insulation S.A., Superglass Insulation Ltd., Kaimann GmbH, Thermaflex International Holding B.V., Lapinus Fibres, KCC Corporation, Beijing New Building Material (Group) Co. Ltd., Fletcher Insulation Pty Ltd., TechnoNICOL Corporation, Unifrax I LLC, Aspen Aerogels Inc., Evonik Industries AG, Alutech Systems Ltd. </b>

The building thermal insulation  market report table of contents includes:

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. Global Building Thermal Insulation Market Size and Growt

.

.

.

26. South America Building Thermal Insulation Market

27. Brazil Building Thermal Insulation Market

28. Middle East Building Thermal Insulation Market

29. Africa Building Thermal Insulation Market

30. Building Thermal Insulation Market Competitive Landscape And Company Profiles

Top Major Players:

  • Johns Manville
  • Saint-Gobain S.A.
  • Baden Aniline and Soda Factory
  • Kingspan Group PLC
  • Owens Corning

Explore the trending research reports from TBRC:

Contact Us:

The Business Research Company

Europe: +44 207 1930 708

Asia: +91 88972 63534

Americas: +1 315 623 0293

Email: info@tbrc.info

Follow Us On:

LinkedIn: https://in.linkedin.com/company/the-business-research-company

Twitter: https://twitter.com/tbrc_info

Facebook: https://www.facebook.com/TheBusinessResearchCompany

YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ

Blog: https://blog.tbrc.info/

Healthcare Blog: https://healthcareresearchreports.com/

Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model

Good PR News

Recent Posts

Medical Terminology Software Market Share, Growth Opportunities, Demand Factors Report To 2033

The medical terminology software global market report 2024 from The Business Research Company provides comprehensive…

3 hours ago

Apples Market Expansion 2024-2033: Growth Drivers and Dynamics

The apples global market report 2024 from The Business Research Company provides comprehensive market statistics,…

3 hours ago

IP Video Surveillance And VSaaS Market Growth Analysis, Latest Trends And Business Opportunity 2024 To 2033

The ip video surveillance and vsaas global market report 2024 from The Business Research Company…

3 hours ago

Change And Configuration Management Market Expansion 2024-2033: Growth Drivers and Dynamics

The change and configuration management global market report 2024 from The Business Research Company provides…

3 hours ago

Generative AI In Gaming Market Share Analysis, Leading Players, Growth, Trends, And Forecast To 2033

The generative ai in gaming global market report 2024 from The Business Research Company provides…

3 hours ago

Electric Blankets Market Size, Emerging Trends, Market Opportunities, Key Players And Forecast To 2033

The electric blankets global market report 2024 from The Business Research Company provides comprehensive market…

3 hours ago