Building Thermal Insulation Market to Witness Highest Growth Rate Over 2017-2024.

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Building Thermal Insulation Market Growth,
Application Analysis from 2017 to 2024
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Global Market Scenario of Building Thermal
Insulation

• Reduced GHG emissions, high energy preservation,
  and the prospering construction sector are
  expected to spur building thermal insulation
  market size. 
• As per reliable statistics, global construction
  funding, which was more than USD 7.5 trillion in
  2016, is anticipated to exceed USD 13 trillion by
  2024.
• This is certain to help industry players discover
  new growth avenues in the business, thereby
  boosting building thermal insulation market
  trends.
• Building thermal insulation industry value, which
  was estimated at USD 25 billion in 2016, is
  projected to surpass USD 34.9 billion by 2024.

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Continue-

• Building floors, walls, and roofs essentially
  require thermal insulation. Wall applications,
  which contributed more than USD 12 billion toward
  building thermal insulation industry revenue in
  2016, are expected to grow considerably over the
  years to come.
• The mounting requirement for minimizing power
  consumption along with weather proofing needs
  will boost the product usage across this
  application.

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U.S. Building Thermal Insulation Market Size, By
End-Use, 2016-2024 (USD Million)
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360 Industry Analysis

• Building thermal insulation market size from roof
  applications will grow at a rate of nearly 4
  over the period of 2017-2024. The growth can be
  credited to the high demand for flat roofs in the
  commercial buildings. Flat roofs are expected to
  collect a revenue of more than USD 5.6 billion by
  2024.

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• Regional Analysis
• Residential sector, which contributed over 56 of
  building thermal insulation market share in 2016,
  is expected to record a CAGR of more than 4
  during the period from 2017 to 2024. A
  substantial rise in the disposable incomes of
  consumers and their increasing purchase parity
  will favorably influence the business space.
• Competitive Analysis
• Kingspan Group, huntsman international LLC.,
  Saint-Gobain, Dow Building Solutions, BASF
  Polyurethanes GmbH, Owens Corning, CertainTeed
  Corporation, and Johns Manville are the key
  players in building thermal insulation market.

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