Global Building Insulation Materials Market Growth Analysis 2022Posted by sandeep gade on August 25th, 2022 Building insulation materials are used as enveloping agents to reduce heat transfer through the walls, roof, and flooring. Favorable regulatory standards backed by governments in developing regions to reduce overall energy cost & consumption is one of the prime factors driving the growth of the building insulation materials market during the forecast period of 2019-2029. Stringent energy codes are in place in developed economies of Europe and North America, which is also increasing awareness regarding the need to reduce energy consumption in developing economies of East & South Asia. This is expected to bolster the growth of the global building insulation materials market during the forecast period. The global building insulation materials market is estimated to be pegged at US$ 26.1 Bn in 2019, and is expected to register a noteworthy CAGR of 7% during the forecast period of 2019-2029. Request For Free Sample Report of Building Insulation Materials Market @ https://www.persistencemarketresearch.com/samples/31254 Key Takeaways - Lime Market in Australia
Implementation of Stringent Building Energy Codes to Fuel Demand for Building Insulation Materials Growing inclination toward the adoption of smart and energy-efficient building concepts and energy codes in commercial as well as non-commercial construction, such as BREEAM and LEED, has a positive impact that boosts the demand for building insulation materials, primarily fiberglass, mineral wool, and cellulose. Growth in green construction activities due to rising environmental concerns, high & volatile energy prices, and impact on health & comfort of occupants are all driving the growth of the building insulation materials market. For critical insights on this market, request for customization here@ https://www.persistencemarketresearch.com/request-customization/31254 Building Insulation Materials Market: Competition Overview
The global building insulation materials market is consolidated, with leading market players accounting for a high market share. Increased emphasis on strengthening of global footprints through acquisitions, business expansions, and collaborations is one of the key trends observed in the global building insulation materials market. Development of sustainable products using recycled raw materials provides a competitive edge to market participants. Some of the key participants in the global building insulation materials market are Saint Gobain SA, Rockwool International A/S, Johns Manville Corporation, Kingspan Group Plc., Owens Corning Inc., and BASF SE. Buy The Complete Report to read the analysed strategies adopted by the top vendors either to retain or gain market share@ https://www.persistencemarketresearch.com/checkout/31254 About Us Persistence Market Research is a U.S.-based full-service market intelligence firm specializing in syndicated research, custom research, and consulting services. Persistence Market Research boasts market research expertise across the Healthcare, Chemicals and Materials, Technology and Media, Energy and Mining, Food and Beverages, Semiconductor and Electronics, Consumer Goods, and Shipping and Transportation industries. The company draws from its multi-disciplinary capabilities and high-pedigree team of analysts to share data that precisely corresponds to clients’ business needs. Contact Us: Persistence Market Research Address – 305 Broadway, 7th Floor, New York City, NY 10007 United States U.S. Ph. – +1-646-568-7751 USA-Canada Toll-free – +1 800-961-0353 Like it? Share it!More by this author |