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Global Building Thermal Insulation Materials Market booming at a CAGR 4.6% Growth, Trends and Absolute Opportunity up to 2026

Global Building Thermal Insulation Materials Market

Definition:

Thermal insulation is the process of insulating material from transferring heat between the materials that are in thermal contact. Thermal insulation is measured by its thermal conductivity. Low thermal-conductive materials are used for thermal insulation. Besides thermal conductivity, density and heat capacity are also important properties of insulating materials.

 

Analysis of Global Building Thermal Insulation Materials Market report:

Global Building Thermal Insulation Materials Market is expected to rise from its initial estimated value of USD 25.75 billion in 2018 to an estimated value of USD 36.90 billion by 2026, registering a CAGR of 4.6% in the forecast period of 2019-2026. Increasing government focus and strict regulations energy efficiency, reducing Greenhouse Emissions, increased demand for insulation in the construction buildings and rising number of manufacturing units drives growth of the global market over the forecast period.

 

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Market Drivers:

  • Increase in Government focus towards energy efficiency to reduce greenhouse gas emissions is expected to increase the growth of the target market
  • The increased demand for insulation in the construction buildings and rising number of manufacturing units is another major factor towards driving the global market

 

Market Restraints:

  • High capital costs of insulation materials dampen the building thermal insulation materials market
  • Fluctuations in the raw material prices are another major restraint to the global market

 

Leading Key players profiled in this report are:

Few of the major competitors currently working in global building thermal insulation materials market are BASF SE, Saint-Gobain, Owens Corning, DuPont and Dow., Kingspan Group, Johns Manville Corp, ROCKWOOL International A/S, Paroc Group, GAF, Beijing New Building Material (Group) Co., Ltd, Knauf Insulation., Inc. ,PPG Industries Ohio, Inc. , Owens Corning, BYSTRONIC GLASS, Technoform, Nippon Sheet Glass Co., Ltd.,

 

Global Building Thermal Insulation Materials Market Segmentation:

By Product Type

  • Stone Wool
  • Glass Wool
  • Mineral Wool
  • Plastic Foam
  • Polyurethane Foam
  • Polystyrene Foam
  • Others Plastic Foam
  • Others
  • Cellulose
  • Aerogel

By Temperature Range

  • -160°C to -50°C
  • -49°C to 0?°C
  • -1°C to 100°C
  • 101°C to 650°C

By Application

  • Roof Insulation
  • Flat Roof Insulation
  • Pitch Roof Insulation
  • Wall Insulation
  • Interior Wall Insulation
  • Exterior Wall Insulation
  • Air Cavity Wall Insulation
  • Floor Insulation

By End-User

  • Residential
  • Individual Homes
  • Non-Residential
  • Hospitals
  • Shopping Malls
  • Offices
  • Institutions
  • Industry
  • Factories
  • Other Public Buildings

By Geography

  • North America
  • South America
  • Europe
  • Asia-Pacific

 

Competitive Analysis:

Global Building Thermal Insulation Materials market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of Building Thermal Insulation Materials market for global, Europe, North America, Asia-Pacific, South America and Middle East & Africa.

 

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The Global Building Thermal Insulation Materials Market report provides the global market size of the main players in each region. Moreover, the report provides knowledge of the leading markets players within the Global Building Thermal Insulation Materials Market. The industry changing factors for the market segments are explored in this report.  This analysis report covers the growth factors of the worldwide market based on end-users. Market opportunities and recommendations for new investments are also encompassed in this report.

 

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