Building Thermal Insulation Market is expected to witness an exponential CAGR in the years to come. This could be credited to growth in construction industry and the ever-increasing urbanization. Plus, trends are shifting toward upgradation of padding system (in existence) to suffice construction standards. Users are emphasizing on lessening energy consumption bills. That’s why retrofitting insulating material in attics and walls has garnered attention. Besides, stern codes are being implemented by governments for lessening industrial energy consumption; which would bolster the market further.
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Market Synopsis of Building Thermal Insulation Market:
The focus is also shifting to
core competencies in a broad range of the materials inclusive of XPS and EPS.
This shift is urging manufacturers to improve materialization of optimum
distribution channels for eating into the market share. On these lines, in May
2015, Knauf Insulation inked an agreement with CanWel Building Materials
(Canada) for enhancing the former’s distribution channel.
Call for ecological balance is
also driving the market. Industry expansion is being propelled by increasing
energy-efficient green building construction for minimizing carbon footprint
and enhancement in thermal comfort. Adoption of “zero energy buildings” is on
the rise.
The building thermal insulation
industry is segmented by material, application, end-use, and geography. By
material, the segmentation goes like open cell materials/wool insulation (glass
wool, stone wool, others (aerogel & cellulose)) and closed cell
materials/plastic foams (expanded polystyrene, extruded polystyrene,
polyurethanes, and others). By application, the building thermal insulation
market spans wall (air cavity, external, and internal), roof (pitch and flat),
and floor. By end-use, the building thermal insulation industry comprises
industrial, commercial, and residential.
By geography, the building
thermal insulation market constitutes North America, Asia Pacific, Europe, MEA,
and LATAM. Asia Pacific is expected to grow at the fastest pace in the upcoming
period. This could be attributed to rise in high industrialization rates and
construction spending in the emerging economies like Indonesia, Malaysia,
China, Thailand, and India.
The players contributing to the
building thermal insulation market include Armacell, Saint-Gobain, Owens
Corning, Dow Building Solutions, Johns Manville, BASF Polyurethanes, and
Huntsman International. Inorganic growth is on the anvil. For instance –
Armacell entered into “partnership of excellence” with KOPP in Mar 2018 to
establish long-term technology license render high-quality materials to
customers.
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Table of Contents:-
Chapter 1 Methodology and Scope
Chapter 2 Executive Summary
Chapter 3 Building Thermal
Insulation: Market Variables, Trends & Scope
Chapter 4 Building Thermal
Insulation: Product Estimates & Trend Analysis
Chapter 5 Building Thermal
Insulation: Application Estimates & Trend Analysis
Chapter 6 Building Thermal
Insulation: End-use Estimates & Trend Analysis
Chapter 7 Building Thermal
Insulation: Industrial End-use Estimates & Trend Analysis
Chapter 8 Building Thermal
Insulation: Regional Estimates & Trend Analysis
Chapter 9 Competitive Landscape
Chapter 10 Building Thermal
Insulation: Manufacturers Company Profiles
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