2024 Global Building Thermal Insulation Market in Flat roof to surpass $5.6bn.

1
Global Building Thermal Insulation in Residential
Market to grow over 4 through to 2024 Global
Market Insights Inc.
Fuel Cell Market size worth 25.5bn by 2024
2
Key Insights from Building Thermal Insulation
Market

• Building Thermal Insulation Market size is
  estimated to exceed USD 34.9 billion by 2024
  according to a new research report by Global
  Market Insights, Inc.
• Rising demand for energy conservation and high
  growth in construction spending will propel
  building thermal insulation market. Global
  construction industry was valued above USD 7
  trillion in 2015 and will exceed USD 14 trillion
  by 2024. China, U.S and India together accounted
  for nearly 55 share in the same year.
• High energy saving, reduced carbon footprints,
  and easy product availability are key factors
  fueling building thermal insulation market. Heat
  loss in a building through its walls, roofs and
  floors accounts for more than 70. Benefits
  offered such as room temperature maintenance at
  minimum possible energy consumption will increase
  the product penetration.

3
Continued...

• Increasing adoption rate of International Energy
  Conservation Code (IECC) from 2012 has stimulated
  product growth in construction sector.
  Additionally, government norms corresponding to
  limited greenhouse gas emissions and energy
  conservation is anticipated to drive building
  thermal insulation market.
• Ease of installation, along with high moisture
  sensitivity, compressive strength, better thermal
  conductivity and durability are key properties
  encouraging product penetration. Technological
  enhancement such as multi chamber profiles,
  double and triple insulated glass will promote
  industry growth.
• Government financial support including low
  interest loans coupled with short payback period
  of installation will fuel building thermal
  insulation market. Further, European Energy
  saving regulations (EnEV) standards will
  strengthen business growth. However, increase
  plastic foam cost and prolonged polyurethane foam
  exposure will restrain industry growth.

4

5

Browse Full Market Research Report On Building
Thermal Insulation Market _at_ http//bit.ly/2tXSFZa
Request for a Sample of this Research Report
_at_ https//www.gminsights.com/request-sample/detail
/1755 1154 https//www.gminsights.com/request-
sample/detail/49
6
Continued

• Wool insulation material contributes more than
  50 of consumption in building thermal insulation
  market in 2016. Increasing demand from commercial
  and residential construction will drive the
  product demand. It is extensively used in sheets
  blankets form with a temperature sustaining
  capacity of above 400 degrees Celsius.
• Expanded polystyrene will witness 4.2 CAGR up to
  2024. Superior properties including lightness,
  durability and process ability of the material
  have enhanced the industry growth. It offers
  similar thermal resistance as that of its
  counterparts with even lesser quantity due to
  high R-value.
• Polyurethane registered over 580 million square
  meters demand in 2016. Durable and safe way of
  reducing carbon emission and keeping construction
  cool will enhance the industry growth.

7
Continued

• Flat roof will surpass USD 5.6 billion till 2024.
  Inclination towards flat roof trends in
  commercial sector will drive the segment growth.
  Commercial sector expansion in terms of grocery
  stores, convenience stores, and shopping malls
  will enhance building thermal insulation market
  growth.
• Wall application was valued over USD 12 billion
  in 2016. Weather proofing requirements and
  enhancement towards energy efficiency will boost
  the application usage in the market. Heat
  transfer from walls in a building accounts for
  35 of total heat loss.
• Residential market is set to grow over 4 through
  to 2024. High consumer spending, nuclear family
  evolutions, and rising population will have a
  positive influence product demand.

8
Stay In Touch Website www.gminsights.com Soci
al Media