Building Thermal Insulation Market Share

  • Report ID: 3535
  • Published Date: Aug 26, 2024
  • Report Format: PDF, PPT

Building Thermal Insulation Market Share

On the basis of geographical analysis, the global building thermal insulation market is segmented into five major regions including North America, Europe, Asia Pacific, Latin America and Middle East & Africa region. The market in Middle East and Africa industry is predicted to hold largest revenue share by 2036, attributed to high temperature, prevalence all the yearlong, along with growing industrial development in the region. The average temperature of this region is around 40 degrees Celsius, reaching a soaring high of 50 degrees in summers.

The market in the North America region is anticipated to gain the largest market share throughout the forecast period owing to the extremely cold climatic conditions in Canada, and some areas of the United States. Similarly, the market in Europe is estimated to grow modestly throughout the forecast period, on the back of presence of extremely cold climatic conditions in countries, such as, Russia, Norway, Denmark, Iceland, Germany, UK, and others.

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Author Credits:  Rajrani Baghel


  • Report ID: 3535
  • Published Date: Aug 26, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

In the year 2024, the industry size of building thermal insulation is evaluated at USD 34.18 billion.

Building Thermal Insulation Market size was over USD 32.97 billion in 2023 and is poised to cross USD 59.16 billion by 2036, witnessing more than 4.6% CAGR during the forecast period i.e., between 2024-2036. The rising global temperature, and increase use of cooling and heating systems will boost the market growth.

Middle East and Africa industry is predicted to hold largest revenue share by 2036, attributed to high temperature, prevalence all the yearlong, along with growing industrial development in the region.

The major players in the market are Huntsman Corporation, Knauf Insulation, Inc., Kingspan Group plc, Compagnie de Saint-Gobain S.A., Johns Manville, Covestro AG, and others.
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