Building Thermal Insulation Market Set for Rapid Growth Rising Adoption of Green Buildings
Building Thermal Insulation Market The building thermal insulation market has garnered significant attention in recent years owing to growing environmental concerns and rising demand for energy-efficient buildings. Thermal insulation helps improve thermal comfort, achieves energy savings, and reduces Greenhouse gas emissions. Products such as mineral wool, expanded polystyrene (EPS), extruded polystyrene (XPS), and cellular glass are widely used insulation materials across residential and non-residential construction projects. Global building thermal insulation market is estimated to be valued at USD 36.68 Bn in 2024 and is expected to reach USD 49.13 Bn by 2031 , exhibiting a compound annual growth rate (CAGR) of 4.3% from 2024 to 2031. Key Takeaways Key players operating in the Building Thermal Insulation market are Owens Corning, Rockwool International A/S, Johns Manville (Berkshire Hathaway), Knauf Insulation, Saint-Gobain, BASF SE, DuPont, 3M Company, Kingspan Group, GA