Building Thermal Insulation Market Will Reach $25.1 Bn in 2017

Friday 10 February 2017, Amsterdam

A new report, now available on ASDReports, concludes that the world market for Building Thermal Insulation will reach $25.1 billion in 2017. This analysis and others appear in the Building Thermal Insulation Market Analysis & Forecasts 2017-2027: Material (Wool (Glass Wool, Stone/Rock Wall), Plastic Foam (Expanded Polystyrene (EPS), Extruded Polystyrene (XPS), Polyurethane Foam (PUR & PU), Others) and By Location (Roof (Pitched, Flat), Wall, (Internal, External, Cavity), Floor) published.

Building insulation is used to reduce the amount of power required to heat or cool a building and minimize the amount of heat that escapes during the winter and to limit the hot summer air penetration. Building insulation stands to be the most cost effective measure in a climate that has a wide range of annual average temperature.

The building thermal insulation market has been segmented on the basis of type, application, and region. The building thermal insulation market on the basis of type is divided into wool insulation, plastic foam and others. The market focuses on the major building parts where the insulation materials are used significantly, including flat roofs, pitch roofs, external walls, internal walls, cavity walls, and floors. The wall and roof insulation segments are the major application categories within the market.

Europe and North America are the key commercial market for building insulation. In recent years, in Asia-Pacific, Africa, the Middle East, Central and South America there is an ongoing migration from rural areas to urban areas which raises the housing construction in urban areas and thus increases the consumption of insulation materials. Wall insulation will lead the market throughout the forecast period and plastic foam will show the highest growth rate in the building thermal insulation market by materials.

This 161 page report contains 148 tables, charts and graphs that add visual analysis in order to explain developing trends within the building thermal insulation market. The key player provides forecasts for the period 2017 to 2027 in terms of value (US$) for the building thermal insulation market. In addition, 16 submarkets are forecasted and analysed over the period 2017 to 2027. The report also provides profiles of 10 leading companies operating within the market such as BASF, Knauf Insulation, Rockwool International, etc.