DUBLIN--(BUSINESS WIRE )--The "Insulation Market Size, Share & Trends Analysis Report by Product (Glass Wool, Mineral Wool, EPS), by End Use (Construction, Industrial, HVAC & OEM), by Region (APAC, EU), and Segment Forecasts, 2022-2030" report has been added to ResearchAndMarkets.com's offering.
The global insulation market size is expected to reach USD 102.47 billion by 2030, registering a CAGR of 6.5%
Rapid urbanization & industrialization and rising population in developing countries are estimated to boost the market growth in the projected period.
Government initiatives to promote energy efficiency and sustainable development through insulation technologies are estimated to fuel the product demand from the industrial end-use segment. Initiatives through the Weatherization Assistance Program (WAP) by the U.S. government through federal funding to encourage the use of thermal insulation in low-income households are likely to drive the market growth in the North America region.
Strict insulation codes and laws effectuated by the European regulatory authorities have increased awareness about rising energy costs and the need for energy efficiency. The demand for industrial insulation is also estimated to exhibit high growth owing to the growing thermal energy production, which calls for the extensive need for insulation to maximize efficiency.
In addition, the market in the U.S. is expected to benefit from recovering nonresidential building construction expenditures, particularly in the office and commercial segments.
The rising awareness levels regarding environmentally friendly construction practices are expected to propel the product demand with an aim to reduce energy consumption.
Chapter 3. Insulation Market Variables, Trends, & Scope
3.2. Market Size and Growth Prospects, 2017-2030
3.3. Insulation Material Value Chain Analysis
3.3.2. List of Key End-Users, by region
3.7. Business Environment Analysis: Insulation Market
Chapter 4. Insulation Market Product Estimates & Trend Analysis
4.1. Global insulation market share, by product, 2021 & 2030
4.2.1 Market Estimates and Forecasts, 2017-2030 (Kilotons) (USD Million)
Chapter 5. Insulation Market-End-Use Estimates & Trend Analysis
5.1. Global insulation market share, by End-Use, 2021 & 2030
5.2.1. Global insulation market estimates & forecasts, by construction, 2017-2030
5.5.1. Market Estimates and Forecasts, 2017-2030 (Kilotons) (USD Million)
Chapter 6. Insulation Market-Regional Estimates & Trend Analysis
6.1. Insulation Production Volume Share by Region, 2021 & 2030
6.2.1. Market Estimates and Forecasts, 2017-2030 (Kilotons) (USD Million)
6.2.2. Market Estimates and Forecasts, by Product, 2017-2030 (Kilotons) (USD Million)
6.2.3. Market Estimates and Forecasts, by End-Use, 2017-2030 (Kilotons) (USD Million)
Chapter 7. Insulation Market: Competitive Analysis
7.1. Key Global Player, Their Initiatives, & Their Impact on the Market
For more information about this report visit https://www.researchandmarkets.com/r/z4wjpu
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ResearchAndMarkets.com Laura Wood, Senior Press Manager press@researchandmarkets.com For E.S.T Office Hours Call 1-917-300-0470 For U.S./CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900