Roof Insulation Market Highlights:
Growing consumer awareness regarding energy conservation, is expected to remain a key driving factor for global roof insulation market. The most important advantage of insulation is that it reduces home temperatures, be it high or low temperatures.
Insulation keeps homes more consistent without the need of heaters and air conditioners. In many homes, insulation is the most practical and cost-effective way to make a house more energy efficient, keeping it cooler in summer and warmer in winter, thus saving up to 80% in heating and cooling losses. In addition, insulation may reduce condensation in homes.
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The key players of global Roof Insulation market includes International A/S (Denmark), Knauf Insulation GmbH (Germany), Saint-Gobain (France), Owens Corning Corporation (U.S.), Berkshire Hathaway, Inc. (U.S.), BASF (Germany), The 3M Company (U.S.), Rockwool International (Denmark), The Dow Chemical Company (U.S.), and Paroc (Finland).
Roof Insulation Market Segmental Analysis
The global roof insulation market has been segmented, based on material, of which the glass wool segment accounted for the largest market share, in the forecast period.
On the basis of insulation type, the roof insulation market has been segmented as batts & rolls, rigid insulation, reflective systems and others. Batts & rolls segment stands at the first place and are expected to grow further in the forecast period.
On the basis of application, it is segmented as pitched and flat. Flat roof is expected to dominate the market by application due to cost-efficient roof shape and the capability of absorbing a high amount of solar energy. Roof insulation market is expected to grow at a CAGR of more than 4.12%.
The global insulation market has seen remarkable growth over the past few years and as per MRFR analysis, the global market will continue to grow during the forecast period. Asia Pacific has shown immense growth in the roof insulation. Low cost of setting up a manufacturing unit, relatively cheap skilled labor, and low operating costs, have played a major role in boosting the growth in Asia Pacific market. Moreover, favorable government norms and policies, and the demand for the insulated equipment play an important role in the growth of the market.
Scope of the Report:
This study provides an overview of the global roof insulation market, tracking one market segment across four geographic regions. The report studies key players, providing a five-year annual trend analysis that highlights market size, volume and share for North America, Europe, Asia Pacific (APAC) and Rest of the World (ROW). The report also provides a forecast, focusing on the market opportunities for the next five years for each region. The scope of the study segments the global Roof Insulation market by its product and region.
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Table Of Contents
1 Executive Summary
2 Research Methodology
2.1 Scope Of The Study
2.1.2 Research Objective
2.2 Research Process
2.2.1 Primary Research
2.2.2 Secondary Research
2.3 Market Size Estimation
2.4 Forecast Model
3 Market Dynamics
3.1 Market Drivers
3.2 Market Inhibitors
3.3 Supply/Value Chain Analysis
3.4 Porter’s Five Forces Analysis
4 Global Roof Insulation Market, By Type
4.2 Batts & Rolls
4.3 Rigid Insulation
4.4 Reflective Systems
5 Global Roof Insulation Market, By Material
5.2 Glass Wool
5.3 Stone Wool
5.4 Plastic Foam
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