Building Thermal Insulation Market (Business Opportunities - Advertising Service)

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Building Thermal Insulation Market

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Building Thermal Insulation Market is expected to reach USD XX Billion by 2026 from USD 25.77 Billion in 2018 at a CAGR of XX %.

Building Thermal Insulation Market

Inaction of various policy and regulations preferring the demand of insulation in residential and commercial building is leading factors boosting the market demand. Rising awareness and the need for energy efficient structures, to reduce high-energy costs in commercial and public buildings, are predicted to drive the market in the non-residential segment.

Building thermal insulation market based on material has been segmented into stone wool, glass wool, plastic foam. Plastic foam segment is expected to be one of the major contributors for the market growth during the forecast period. This is due to its various characteristics such as versatility, higher thermal resistance, strength and life span.

Wall insulation segment is leading the building thermal insulation market due to increasing demand for energy efficient buildings. Residential building type segment is expected grow at highest CAGR attributed to surging infrastructural activities in emerging countries.

Geographically, the building thermal insulation market has been segmented into North America, Europe, Asia Pacific, Middle East & Africa and Latin America. North American is expected to be one of the largest markets during the forecast period. Presence of strict building energy codes and presence of some of the major players of the market, such as Knauf Insulation, Inc. (US), Saint-Gobain S.A. (France), Johns Manville Corporation (US), Owens Corning (US) and others driving the building thermal insulation market in this region.

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Target State: All States
Target City : pune
Last Update : Sep 14, 2020
Number of Views: 18
Item  Owner  : pallavi
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2020-10-30 (0.072 sec)