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Building Thermal Insulation Market Trends

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

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Building Thermal Insulation Market Trends

Growth Drivers

Increasing Usage of Artificial Cooling and Heating Systems
Rising Global Warming and Climate Changes

Challenges

Slow Adoption and Lack of Awareness amongst People

Building Thermal Insulation Market: Key Insights

Base Year	2023
Forecast Year	2024–2036
CAGR	4.6%
Base Year Market Size (2023)	USD 32.97 billion
Forecast Year Market Size (2036)	USD 59.16 billion
Regional Scope	North America (U.S., and Canada) Latin America (Mexico, Argentina, Rest of Latin America) Asia-Pacific (Japan, China, India, Indonesia, Malaysia, Australia, Rest of Asia-Pacific) Europe (U.K., Germany, France, Italy, Spain, Russia, NORDIC, Rest of Europe) Middle East and Africa (Israel, GCC North Africa, South Africa, Rest of the Middle East and Africa)

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Browse Key Market Insights with Data Illustration:

Building Thermal Insulation Market Size Forecast 2036

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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