Roof Insulation Market-Global Industry Size, Share, Trends, Opportunity, and Forecast, 2024-2032-2027, Segmented By Type (Batts & Rolls, Spray Applied, Rigid Insulation, Reflective Systems and Others), By Material (Glass Wool, Plastic Foam, Stone Wool and Others), By Application (Flat Roof and Pitched Roof), and Region

Published Date: November - 2024 | Publisher: MIR | No of Pages: 320 | Industry: Infrastructure | Format: Report available in PDF / Excel Format

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Roof Insulation Market-Global Industry Size, Share, Trends, Opportunity, and Forecast, 2024-2032-2027, Segmented By Type (Batts & Rolls, Spray Applied, Rigid Insulation, Reflective Systems and Others), By Material (Glass Wool, Plastic Foam, Stone Wool and Others), By Application (Flat Roof and Pitched Roof), and Region

The global roof insulation market is projected to register growth at a formidable rate during the forecast period. Increasing demand from new constructions greenhouse gas emission reduction, strict regulatory environment, rebates, and tax credits, are some of the drivers predicted to drive the growth of the market during 2023-2027. Roof insulation is considered ideal for insulating residential or industrial premises as they offer multiple benefits such as prevention against the transmission of electricity, humidity, heat, noise, and shock. The roof insulation also keeps the home warmer in winter and cooler in summer, which helps reduce electricity consumption and gas bills. Growing popularity of different types of roof insulation that can be employed for different purposes like acoustic, thermal and electrical insulation is also driving the growth of the global roof insulation market. Moreover, increasing consciousness among consumers regarding energy conservation and rapid urbanization are some of the factors propelling the market growth. Some other factors such as stringent government regulations related to environment and escalated new construction activities are fuelling the growth of the global roof insulation market during the forecast period.

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The global roof insulation market is segmented into type, material, application, and region. Based on type, the market is segmented into batts & rolls, spray applied, rigid insulation, reflective systems and others. The batts & rolls segment accounted for more than one-third share of the market since they are easy to use. In 2024-2032, the Europe & CIS region led the global roof insulation market and APAC region is anticipated to be the fastest-growing market for roof insulation during the forecast period due to the growing demand from the construction industry from countries, such as China, Japan, and Indonesia in the region.

Some of the leading players in the global roof insulation market are BASF SE, Rockwool International A/S, Berkshire Hathaway, Inc., Paroc Group, Owens Corning Corporation, GAF, Knauf Insulation, Beijing New Building Material (Group) Co., Ltd., Kingspan Group PLC, Saint-Gobain S.A. etc.

Attribute

Details

Historic Data

2024-2032 â€“ 2024-2032

Estimated Year

2022

Forecast Period

2023 – 2027

Quantitative Units

Revenue in USD Million, CAGR for 2024-2032-2024-2032 and 2022-2027

Report coverage

Revenue Forecast, Company Share, Competitive Landscape, Growth Factors, And Trends

Segments covered

·         By Material

·         By Type

·         By Application

Region scope

Asia Pacific; Europe & CIS; North America; South America; Middle East & Africa

Country scope

China; India; Japan; South Korea; Australia; Singapore; Malaysia; France; Germany; United Kingdom; Italy; Spain; United States; Mexico; Canada; Brazil; Argentina; Colombia; South Africa; Saudi Arabia; UAE; Qatar

Key companies profiled

BASF SE, Rockwool International A/S, Berkshire Hathaway, Inc., Paroc Group, Owens Corning Corporation, GAF, Knauf Insulation, Beijing New Building Material (Group) Co., Ltd., Kingspan Group PLC, Saint-Gobain S.A.

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