Building Thermal Insulation Market – Global Trends & Forecasts to 2020

The building thermal insulation market in the Asia-Pacific region is projected to register the highest growth rate of more than 4.0% over the next five years. RoW is projected to witness significant growth between 2015 and 2020.

The major restraints in the building thermal insulation market are slow growth of construction sector in Europe and lack of awareness. The housing construction sector in some of the regions is still struggling to gain momentum. When it comes to low energy and insulated houses there are a number of misconceptions among the general public as well as building professionals about their cost and associated problems. At the same time, many of the benefits are not understood. To ensure a transition towards such buildings, these misconceptions need to be addressed.

The report covers the major building insulation markets; their geographical trends and forecasts. The building insulation market is divided into insulation materials which include wool insulation, plastic foams, and other insulation materials such as wood fiber, perlite, etc. The report studies these building insulation materials with respect to the key players, products, and geography trends of these markets. The building insulation market is further studied from the application’s perspective. The major on-goings in the global building insulation industry are also analyzed.

Source: Research and Markets

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