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Building Thermal Insulation Market by Material, Application, Building Type – Global Forecast to 2022

September 6, 2017

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The market size of building thermal insulation was USD 23.89 billion in 2016, which is projected to reach USD 29.62 billion by 2022, at a CAGR of 3.65% from 2017 to 2022. The building thermal insulation market is largely driven by the presence of stringent regulations to reduce greenhouse gas emissions in regions such as Europe and North America. In addition, development of green buildings and presence of stringent building codes drive the demand for building thermal insulation. Availability of hempcrete, a green insulation material, acts as a restraint for the building thermal insulation market.

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