The building insulation market size is valued at $36.65 billion by 2027 and is expected to grow at a compound annual growth rate of 4% per year over the forecast period from 2021 to 2027. The building insulation market is expected to thrive due to strict regulations. The development of green buildings to reduce greenhouse gas emissions is a key factor driving the growth of the target market during the forecast period 2020-2027. The presence of a strict building energy code, along with reductions in energy consumption and related costs, rebates and tax credits, will have a positive impact. Building insulation market growth.
A full report of Building Thermal Insulation Market available at https://www.orionmarketreports.com/building-thermal-insulation-market/24311/
The companies operating in the building thermal insulation market include Johns Manville Corporation (US), Saint-Gobain S.A. (France), BASF SE (Germany), Kingspan Group plc (Ireland), Knauf Insulation, Inc. (US), Owens Corning (US), Huntsman Corporation (US), Rockwool International A/S (Denmark), Firestone Building Products Company (US), Cabot Corporation (US), Dow Corning Corporation (US).
Building Thermal Insulation Market Segmentations
By Material
• Open cell materials/Wool insulation
• Closed cell materials/Plastic foams
By Application
• Wall insulation
• Roof insulation
• Floor
By End-use
• Residential
• Commercial
• Industrial
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