Building Thermal Insulation Market - Trends and Business Opportunities Analysis by Leading Players to 2025
Category: #reports  By Rahul Varpe  Date: 2020-04-20
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Building Thermal Insulation Market - Trends and Business Opportunities Analysis by Leading Players to 2025

The Building Thermal Insulation Market is anticipated to record its name in the billion-dollar space within seven years, by exceeding a revenue of USD 35 billion by 2025, with an anticipated CAGR of 4.5% through 2025.

Powered by the rapidly increasing focus towards curbing energy consumption in the residential and commercial spaces, building thermal insulation market has come to chart out an extremely profitable growth path lately. It is no secret that heating and cooling operations account for a large share of total energy demand in the residential, commercial and industrial sectors. In the EU alone, buildings and industries are slated to account for half of region’s energy consumption for heating and cooling purposes. Estimates claim that by 2030, the requirement of energy for cooling buildings is expected to rise by 72%.

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Rapid technological advancements have also led to the development of novel insulating materials that could reduce heating and cooling loads in buildings and potentially lower energy consumption. For instance, building walls equipped with phase change materials (PCM) offer improved energy savings, peak space cooling, and enhanced thermal comfort in occupied spaces. Globally renowned company, Panasonic, boasts of a vacuum insulation panel (VIP) technology that is slated to offer one of the highest levels of insulation performance along with extremely low thermal conductivity. As companies work to incorporate advanced products in the mainstream, building thermal insulation market is likely to accrue commendable profits in the years to come.

Due to the rapid surge in the construction activities owing to proliferating urbanization trends, the worldwide building thermal insulation market will procure massive proceeds over the coming years. According to the United Nations, about 68% of the world’s population is likely to reside in urban areas by 2050 – signifying the addition of 2.5 billion people to the foray. A substantial proportion of this increase is anticipated to take place in Asia and Africa. It is thus rather overt that the adoption of advanced insulation materials to build and manage urban spaces will become vital in the years to come, paving the way for the expansion of building thermal insulation industry.

Growth Drivers: -

  1. Greenhouse gas emission reduction
  2. Tough government carbon targets
  3. Increasing demand for energy requirement

Know about Market growth in New Research and its Top growing factors by Key Companies like: -

BASF SE, Guardian Building Products, Huntsman International LLC, Johns Manville, CertainTeed, Cellofoam North America. Inc, Atlas Roofing corporation, Neo Thermal Insulation (India) Pvt. Ltd., Owens Corning Corporation, Paroc Group, Dow Building Solutions, Knauf Insulation, Lixil, Rockwool International A/S, Saint Gobain S.A, Tasman Insulation New Zealand Ltd., Beijing New Building Material (Group) Co. Ltd., GAF, Kingspan Group, Lloyd Insulations (India) Limited, URSA Insulation

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Not to mention, aided by advancements such as enhanced thermal properties, excellent soundproofing, and easy installation methods, the global building thermal insulation market is expected to cater to widespread demands more often than not. Additionally, growing efforts and investments to build energy efficient infrastructures to minimize carbon footprint, enhance thermal comfort and more, will also contribute towards industry expansion.

As per official reports, in May 2019, the U.S Department of Energy (DoE) announced an investment of around $33.5 million for early-stage R&D in advanced building construction techniques primarily to reduce energy bills and to address a combination of envelope, heating, cooling and ventilation issues. Initiatives such as the aforementioned are expected to further bolster the overall building thermal insulation industry.

Split by application, the market is divided into: -

  1. Wall Insulation [Internal Wall, External Wall, Air Cavity Wall]
  2. Roof Insulation [Flat Roof, Pitch Roof]
  3. Floor Insulation

The research report presents a detailed outline of Building Thermal Insulation Market – this is mainly inclusive of the generic market definitions, the numerous segmentations, as well as the application landscape. The report outlines a detailed examination of the industry vendors – from a regional and global perspective.

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Market Report Includes

  1. An analysis with respect to the present industry scenario in tandem with opportunities for growth opportunities, important vendors, target audience, and market projection until 2025
  2. A comprehensive evaluation with regards to the industry size, growth anticipation, industry remuneration, and major contenders until 2025
  3. A scrutiny of the growth opportunities, expansion forecast, remuneration, and Forecast 2019- 2025
  4. Information on Primary and Secondary Research, Consumption Analysis, Market Segmentation, and Forecast until 2025
  5. An in-depth research on the Emerging Growth Parameters, Market Dynamics, Export Research Report, and Forecast to 2025
  6. Market Analysis, Strategic Developments, as well as Forecast 2025
  7. Product applications, industry trends, technological developments, and current demand and Forecast by 2025


About Author

Rahul Varpe

Email: [email protected]   

Rahul Varpe

Rahul Varpe currently writes for Technology Magazine. A communication Engineering graduate by education, Rahul started his journey in as a freelancer writer along with regular jobs. Rahul has a prior experience in writing as well as marketing of services and products ...

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