Global roofing insulation market size expected to grow at a CAGR of 4.2%
Pune, India, May 31, 2022 (GLOBE NEWSWIRE) — According to MarketStudyReport, this roof insulation market The size was valued at USD 1,479.2 million in 2021 and is expected to grow at a CAGR of 4.2% over the next six years, generating revenue of USD 1,974.3 million during the period 2022- 2028.
The study categorizes the industry based on type and application to provide a clear understanding of the current market position by indicating the growth rate and revenue share forecast of each vertical. It gives a granular analysis of the regional front of the business sphere giving a national level assessment of the areas helping to amplify profitability.
Finally, a brief overview of major companies is provided in the document to give an insight into the competitive hierarchy of the market.
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The expansion of the industry can be attributed to the surge in construction activities worldwide as well as the growing awareness of energy conservation among consumers.
The widespread use of insulation in sectors such as domestic, industrial and commercial applications is likely to increase the volume of demand throughout the research timeline. In particular, the product is used as a barrier to heat (loss and gain), sound and electricity.
Moreover, new companies are focusing on manufacturing roof insulation materials at affordable prices, which boosts competition and provides profitable prospects for businesses in the global roof insulation industry.
Based on type, the market is categorized into rock wool, foam, glass wool, and others. Here, the glass wool segment is expected to gain momentum in the coming years, due to properties such as ease of use, environmental friendliness, physical stability and wide insulation temperature range. from -30°C to 540°C.
In terms of application spectrum, the industry is categorized into flat roof insulation, pitched roof insulation and others. The flat roof insulation segment is estimated to register significant growth over the forecasted period, owing to the preference for flat roofs in urban areas over others as they are easy to install, inexpensive and space-saving and facilitate the installation of solar systems.
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According to credible researchers, the Asia-Pacific market is poised to grow exponentially over the assessment period, with China at the forefront. This growth can be attributed to the availability of cheap labor and raw materials which is accelerating the rate of industrialization of the country, thus facilitating regional development.
Established names increasing the competitive reach of the global roofing insulation market include BASF SE, GAF Materials Corp., Knauf Insulation, Compagnie de Saint-Gobain SA, Paroc Oy Ab, Owens Corning, Kingspan Group plc, Rockwool International A/ S, Jiangsu Wonewsun, Berkshire Hathaway Inc., and Asia Cuanon Technology Co. Ltd., among others.
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Global Roofing Insulation Market, by Type (Revenue, USD Million, 2017 – 2028)
- Glass wool
Global Roofing Insulation Market, by Application (Revenue, USD Million, 2017-2028)
- Flat roof insulation
- Pitched roof insulation
Global Roofing Insulation Market, Regional Analysis (Revenue, USD Million, 2017-2028)
- United States
- Rest of South America
- The rest of Europe
Middle East and Africa
- United Arab Emirates
- Saudi Arabia
- Rest of the Middle East and Africa
- South East Asia
Global Roofing Insulation Market, Competitive Scorecard (Revenue, USD Million, 2017 – 2028)
- BASF SE
- GAF Materials Corp.
- Knauf insulation
- Company of Saint-Gobain SA
- Park Oy Ab
- Owens Corning
- Kingspan Group plc
- Rockwool International A/S
- Jiangsu Wonewsun
- Berkshire Hathaway Inc.
1.1 Introduction to roof insulation
1.2 Market Analysis by Type
1.3 Market Analysis by Application
1.4 Global Roof Insulation Market Size and Forecast
1.5 Global Insulated Board Production Capacity Analysis
1.6 Market Drivers, Restraints and Trends
2 manufacturer profiles
3 Roof Insulation Breakdown Data by Manufacturer
3.1 Global Roof Insulation Sales Volume by Manufacturer (2019, 2020, 2021 and 2022)
3.2 Global Roof Insulation Revenue by Manufacturer (2019, 2020, 2021 and 2022)
3.3 Manufacturer Key Position in Roof Insulation Market
3.4 Market Concentration Rate
3.4.1 Top 3 Roof Insulation Manufacturers Market Share in 2021
3.4.2 Top 6 Roof Insulation Manufacturers Market Share in 2021
3.5 Global Roofing Insulation Production Capacity by Company: 2021 VS 2022
4 Market Analysis by Regions
4.1 Global Roof Insulation Market Size by Regions
4.1.1 Global Roof Insulation Sales Volume by Region (2017-2028)
4.1.2 Global Roof Insulation Revenue by Regions (2017-2028)
4.2 North America Insulated Board Revenue (2017-2028)
4.3 Europe Roof Insulation Revenue (2017-2028)
4.4 Asia-Pacific Roof Panels Revenue (2017-2028)
4.5 South America Sunroof Revenue (2017-2028)
4.6 Middle East & Africa Roof Insulation Revenue (2017-2028)
5 market segments by type
5.1 Global Roof Insulation Sales Volume by Type (2017-2028)
5.2 Global Revenue of Insulated Boards by Type (2017-2028)
5.3 Global Roof Insulation Price by Type (2017-2028)
6 market segments by application
6.1 Global Roof Insulation Sales Volume by Application (2017-2028)
6.2 Global Revenue of Insulated Boards by Application (2017-2028)
6.3 Global Roof Insulation Price by Application (2017-2028)
7 North America by Country, by Type and by Application
7.1 North America Roof Panels Sales by Type (2017-2028)
7.2 North America Roof Panels Sales by Application (2017-2028)
7.3 North America Roof Insulation Market Size by Countries
7.3.1 North America Roof Insulation Sales in Volume by Country (2017-2028)
7.3.2 North America Sunroof Revenue by Country (2017-2028)
7.3.3 United States Market Size and Forecast (2017-2028)
8 Europe by Country, by Type and by Application
8.1 Europe Roof Insulation Sales by Type (2017-2028)
8.2 Europe Roof Insulation Sales by Application (2017-2028)
8.3 Europe Roof Insulation Market Size by Countries
8.3.1 Europe Roof Insulation Sales in Volume by Country (2017-2028)
8.3.2 Europe Roof Insulation Revenue by Country (2017-2028)
8.3.3 Germany Market Size and Forecast (2017-2028)
8.3.4 France Market Size and Forecast (2017-2028)
9 Asia-Pacific by Regions, by Type and by Application
9.1 Asia-Pacific Roof Panels Sales by Type (2017-2028)
9.2 Asia-Pacific Roof Insulation Sales by Application (2017-2028)
9.3 Asia Pacific Roof Insulation Market Size by Regions
9.3.1 Asia-Pacific Roof Insulation Sales Volume by Region (2017-2028)
9.3.2 Asia-Pacific Roof Insulation Revenue by Region (2017-2028)
9.3.3 China Market Size and Forecast (2017-2028)
9.3.4 Japan Market Size and Forecast (2017-2028)
9.3.5 Korea Market Size and Forecast (2017-2028)
10 South America by Region, by Type and by Application
10.1 South America Roof Panels Sales by Type (2017-2028)
10.2 South America Roof Panels Sales by Application (2017-2028)
10.3 South America Roof Insulation Market Size by Countries
11 Middle East & Africa by Countries, by Type and by Application
11.1 Middle East and Africa Sunroof Sales by Type (2017-2028)
11.2 Middle East and Africa Roof Insulation Sales by Application (2017-2028)
11.3 Middle East & Africa Roof Insulation Market Size by Countries
11.3.1 Middle East & Africa Insulation Sales Volume by Country (2017-2028)
11.3.2 Middle East and Africa Roof Insulation Revenue by Country (2017-2028)
11.3.3 Turkey Market Size and Forecast (2017-2028)
11.3.4 Egypt Market Size and Forecast (2017-2028)
12 raw materials and industrial chain
12.1 Roof Insulation Raw Material and Major Manufacturers
12.2 Manufacturing Costs Percentage of Roof Insulation
12.3 Roof Insulation Production Process
12.4 Sunroof Industry Chain
13 Sales channel, distributors, traders and resellers
Building Thermal Insulation Market Size, COVID-19 Impact Analysis, Regional Outlook, Growth Potential, Price Trends, Competitive Landscape and Forecast, 2022-2028
Global building thermal insulation market trends over the 2022-2028 period will be driven by increased demand from developed and emerging economies. Glass wool, polyurethanes, airgel and other materials have become popular in commercial and industrial infrastructure applications. A gradual move towards improving the energy efficiency of buildings is impacting the choice of insulation materials worldwide. Thermal insulation is also used in roofing and flooring applications which will account for a large share of the market in the coming years. The Middle East and Africa (MEA) region held nearly 6.52% share of the global building thermal insulation industry in 2021 in terms of volume and could exceed $2 billion in valuation by 2028. The construction sector in the region has grown rapidly over the past decade, with a focus on sustainable materials for construction gaining momentum in recent times.
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