Press Release / Business / Roof Insulation Market Global Industry Analysis, Explosive Growth And Forecast Till 2023

Roof Insulation Market Global Industry Analysis, Explosive Growth And Forecast Till 2023

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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Key Players:
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).
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. By Type: 

Batts & Rolls
Rigid Insulation
Reflective Systems
Others

 By Material:

Glass Wool
Stone Wool
Plastic Foam
Others

 By Application:

Flat Roof
Pitched Roof

By Region:

North America 
Asia Pacific 
Europe
Rest of the World  

Market Research Analysis:
The growing need for energy efficiency in buildings, will drive the growth prospects of the Global Roof Insulation Market in the forecast period. Some of the major factors that drive the market’s growth are high noise reduction, hassle-free, and quick installation. The development of new and diversified technologies, is creating exciting opportunities within the construction industry. Geographically, Asia Pacific insulation market led the global industry, and it is characterized by high insulation demand in residential and commercial buildings. High industrialization rates, coupled with increased construction spending in emerging economies of China and India along with Indonesia, Thailand, Malaysia and Philippines have driven the need for better infrastructure.