The Business Research Company
The Business Research Company’s Roof Insulation Global Market Report 2024 – Market Size, Trends, And Global Forecast 2024-2033
— The Business Research Company
LONDON, GREATER LONDON, UNITED KINGDOM, October 25, 2024 /EINPresswire.com/ — The Business Research Company’s Early Year-End Sale! Get up to 30% off detailed market research reports—limited time only!
The roof insulation market size has experienced steady growth in recent years, increasing from $10.34 billion in 2023 to $10.7 billion in 2024, reflecting a compound annual growth rate (CAGR) of 3.5%. The historical growth can be attributed to several factors, including energy efficiency regulations, a rise in construction and building activities, heightened awareness of energy conservation, a demand for thermal comfort, and various government incentives and rebate programs aimed at promoting insulation improvements.
What Is the Projected Market Size of the Global Roof Insulation Market and Its Growth Rate?
The roof insulation market size is projected to experience steady growth in the coming years, expanding to $12.55 billion by 2028 at a compound annual growth rate (CAGR) of 4.1%. This growth in the forecast period can be attributed to factors such as urbanization and population growth, advancements in building materials, ongoing renovation and retrofitting projects, stringent environmental standards, and rising concerns about energy costs.
Dive Into Detailed Insights of the Global Roof Insulation Market with a Free Sample Report:
What are the Key Drivers Fueling Growth in the Roof Insulation Market?
The increasing number of residential constructions is expected to drive the growth of the roof insulation market in the coming years. Residential construction encompasses the development of new spaces or the renovation of existing structures, including buildings, apartments, and housing units meant for personal occupancy. Roof insulation is essential for enhancing energy efficiency, lowering energy costs, and providing additional protection for buildings. As more residential projects are undertaken, the demand for effective roof insulation solutions is likely to rise.
Pre-book the report for a swift delivery:
Who Are the Key Players Driving Growth in the Roof Insulation Market?
Key players in the market include Berkshire Hathaway Inc., BASF SE, Saint-Gobain SA, Dow Inc., DuPont deNumorous Inc., Owens Corning Inc., Kingspan Group PLC, Huntsman International LLC, Carlisle SynTec Systems, Cabot Corporation, Rockwool International A/S, Synthos SA, Beijing New Building Material (Group) Co Ltd., Knauf Insulation GmbH, Morgan Advanced Materials PLC, Certain-teed Products Corporation., Paroc Group Oyj, IKO Industries Ltd., Atlas Roofing Corporation, Johns Manville Corp, Aspen Aerogels Inc., Guardian Building Products Inc., Lapolla Industries Inc., Atlas Molded Products, Building Products of Canada Corp, Insulation Company of America
What Are The Emerging Trends Shaping The Growth Of The Roof Insulation Market?
Major companies in the roof insulation materials market are concentrating on developing innovative technologies to strengthen their market position. This focus on innovation is aimed at improving product performance, enhancing energy efficiency, and meeting the evolving demands of consumers and regulatory standards. By investing in research and development, these companies aim to create advanced insulation solutions that offer better thermal performance, sustainability, and cost-effectiveness, ensuring they remain competitive in a growing market.
What Are the Segments of the Global Roof Insulation Market?
1) By Type: Batts And Rolls, Rigid Insulation, Reflective system
2) By Building Type: Residential, Non-Residential
3) By Material: Glass Wool, Stone Wool, Plastic Foam, Other Materials
4) By Application: Flat Roof, Pitched Roof
Geographic Overview: Asia-Pacific at the Helm of the Roof Insulation Market
Asia-Pacific was the largest region in the market in 2023. Western Europe is expected to be the fastest-growing region in the forecast period. The regions covered in the market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
How Is The Roof Insulation Market Defined?
Roof insulation refers to the thermal insulation integrated into a roofing system, typically using board-type products made from materials such as mineral fibers, cellular glass, foamed plastics, lightweight concrete, and wood fiberboard. These materials can have different substances on either the front or back, allowing for enhanced performance in energy efficiency and temperature regulation. The primary purpose of roof insulation is to minimize heat transfer, thereby improving the energy efficiency of buildings and providing thermal comfort for occupants.
The Roof Insulation Global Market Report 2024 from The Business Research Company includes the following key information:
• Market size data for both historical and future periods
• Analysis of both macro and microeconomic factors that have impacted the market over the past five years
• Regional market analysis covering Asia-Pacific, China, Western Europe, Eastern Europe, North America, the USA, South America, and the Middle East and Africa
• Country-specific market analysis for Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA.
Overview of the Global Roof Insulation Market Report: Trends, Opportunities, Strategies, and More
The Roof Insulation Global Market Report 2024 from The Business Research Company is an extensive resource that delivers insights into roof insulation market size, roof insulation market drivers and trends, roof insulation competitors’ revenues, and roof insulation market growth across geographies. This report provides valuable in-depth insights into potential opportunities and strategies. Companies can utilize the information presented to target segments with the greatest growth potential.
Browse Through More Similar Reports By The Business Research Company:
Liquid Roofing Global Market Report 2024
Roof Insulation Global Market Report 2024
Roofing Global Market Report 2024
What Services Does The Business Research Company Offer?
The Business Research Company has published more than 15,000 reports spanning 27 industries and over 60 regions. Our research is supported by 1.5 million datasets, thorough secondary research, and unique insights gained from interviews with industry experts. We offer ongoing and customized research services, featuring a variety of specialized packages designed to meet your specific needs, such as Market Entry Research, Competitor Tracking, Supplier & Distributor Packages, and many others.
Our flagship product, the Global Market Model, serves as a leading market intelligence platform that provides comprehensive and updated forecasts to facilitate informed decision-making.
Oliver Guirdham
The Business Research Company
+44 20 7193 0708
[email protected]
Visit us on social media:
Facebook
X
LinkedIn
Legal Disclaimer:
EIN Presswire provides this news content “as is” without warranty of any kind. We do not accept any responsibility or liability
for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this
article. If you have any complaints or copyright issues related to this article, kindly contact the author above.
Article originally published on www.einpresswire.com as Roof Insulation Market Growth Drivers And Trends: Analysis And Forecast 2024-2033