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Building Thermal Insulation Market Size
- Report ID: GMI1755
- Published Date: Nov 2022
- Report Format: PDF
Building Thermal Insulation Market Size
Building Thermal Insulation Market size surpassed USD 25 billion in 2022 and is projected to grow at over 6% CAGR during 2023 to 2032. Increasing focus on reducing energy consumption and greenhouse gas (GHG) emissions will boost the demand across the residential and commercial sectors.
Lack of awareness regarding the benefits of thermal insulation could restrain the building thermal insulation industry growth. Despite the myriad of advantages including eco-friendly nature and energy efficiency, lack of awareness regarding such thermal insulations could be a major challenge for leading players. Additional expenses associated with insulation materials could hamper product usage in developing regions such as South Asia, and MEA. Some of the traditional insulation materials such as fiberglass are not moisture and mold-resistant. This could drive the need for cost-effective alternatives for thermal insulation materials.
| Report Attribute | Details |
|---|---|
| Base Year: | 2022 |
| Building Thermal Insulation Market Size in 2022: | 25 Billion (USD) |
| Forecast Period: | 2023 to 2032 |
| Forecast Period 2023 to 2032 CAGR: | 6% |
| 2032 Value Projection: | 45 Billion (USD) |
| Historical Data for: | 2018 to 2022 |
| No. of Pages: | 700 |
| Tables, Charts & Figures: | 768 |
| Segments covered: | Material, Application, End-Use, Format of Insulation and Region |
| Growth Drivers: |
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| Pitfalls & Challenges: |
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Frequently Asked Questions (FAQ) :
Building Thermal Insulation Market Scope
