Key Players in the Market: BASF (Germany), Johns-Manville Corporation (U.S.), Kingspan Group Plc (Ireland), Knauf Insulation (Germany), Owens Corning (U.S.), Paroc Group (Finland)
(PRWEB) April 16, 2015
The new research report about “Building Thermal Insulation Market by Material (Wool Insulation, Plastic Foams and Others) and Application (Roof, Wall and Floor) - Global Trends & Forecasts to 2020” defines and segments the market with an analysis and forecast of the market size by value and volume. The Building Thermal Insulation Market size in terms of value is projected to reach $27.0 billion by 2020, at a CAGR of 3.5% between 2015 and 2020.
Browse 92 market data tables and 52 figures spread through 136 pages and in-depth TOC on “Building Thermal Insulation Market"
Early buyers will receive 10% customization on this report.
Building insulation is done by using the materials such as glass-wool, mineral wool, expanded polystyrene, extruded polystyrene, polyurethane foams and other insulating products to insulate the roof, floors and walls of a building. The need for energy conservation, reduction in electricity bills, and emission reduction potential of building insulation are key factors driving the demand for the building insulation products.
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One of the main market boosters for building insulation is the greenhouse gas emission reduction target set by many major countries. The Kyoto Protocol was adopted with the same reason in 1997 in Japan to fight with global warming. This protocol is one of the main reasons due to which different countries are going for building insulation to achieve their greenhouse gas emission reduction targets.
Several countries and regional organizations including U.S. and European Union have adopted legislation on energy efficient buildings. These legislation's are growing stricter day by day and are now covering developing world as well. Stringent energy efficiency regulations for buildings are driving the penetration of insulation in the overall building stock and also increasing the amount of insulation needed per building.
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This report not only provides a full estimate of the global building insulation market; it also gives a detailed analysis of their most critical micro-markets, which have remained unexplored so far.
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Cold Insulation Market By Types (Fiber Glass, Polyurethane Foam, Polystyrene Foam, Phenolic Foam & Others) & Application (HVAC, Refrigeration, Oil & Gas, Chemicals & Others) Global Trends & Forecasts To 2018
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