Market revenue in 2022 | USD 8,202.8 million |
Market revenue in 2030 | USD 11,721.5 million |
Growth rate | 4.6% (CAGR from 2022 to 2030) |
Largest segment | Glass wool |
Fastest growing segment | EPS |
Historical data covered | 2018 - 2021 |
Base year for estimation | 2022 |
Forecast period covered | 2023 - 2030 |
Quantitative units | Revenue in USD million |
Market segmentation | Glass Wool, Mineral Wool, EPS, XPS, Cellulose, PIR, PUR |
Key market players worldwide | Rockwool AS Class B, GAF, Guardian Capital Group Ltd, Huntsman Corp, Johns Manville, Atlas Roofing, CertainTeed Corporation, Dow Building Solutions, Owens-Corning Inc, Compagnie de Saint-Gobain SA, Kingspan Group PLC, Cellofoam, Rockwool, Byucksan, BASF |
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The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to building thermal insulation market will help companies and investors design strategic landscapes.
glass wool was the largest segment with a revenue share of 51.14% in 2022. Horizon Databook has segmented the North America building thermal insulation market based on glass wool, mineral wool, eps, xps, cellulose, pir, pur covering the revenue growth of each sub-segment from 2018 to 2030.
The U.S. dominated the building thermal insulation market in North America over the historic period, in terms of consumption, owing to the increased demand from residential sector, extensively developed manufacturing industry, and government initiatives to develop social infrastructure.
In addition, rising awareness regarding the benefits of insulation of building structure is expected to benefit the market growth. The demand outlook for North America is favorable, with private investments in industrial sector expected to reach the highest level by 2020. Industrial sector in North America is likely to witness a significant expansion owing to the rising GDP of the region.
In addition, manufacturing industry is also expected to benefit from the new policy reforms. This is expected to boost the industrial construction in the region, thereby driving the demand for building thermal insulation over the forecast period.
Horizon Databook provides a detailed overview of continent-level data and insights on the North America building thermal insulation market , including forecasts for subscribers. This continent databook contains high-level insights into North America building thermal insulation market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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