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Roof Insulation Market Research by Expert: Growth Rate, Industry Statistics and Forecasts to 2030
The global Roof Insulation Market size was significantly robust in 2021 and is expected to register a rapid revenue CAGR over the forecast period. Market revenue growth is primarily driven by rising use of roof insulation in houses for thermal barrication and commercial spaces for reducing carbon footprints and increasing utilization as a drainage system in new constructions.
Roof insulation is a method of thermally insulating interiors of a closed space through the use of protective interior cladding. Roof is a significant source of heat loss from a house and use of this product prevents heat from escaping via unoccupied roof space. The goal is to minimize total heat transfer coefficient by using low thermal conductivity materials. Building these systems is critical for providing thermal comfort for its inhabitants while saving power and reducing waste. They reduce both undesired heat loss and gain, which drastically reduces energy requirements of heating and cooling systems.
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Competitive Landscape:
- Rockwool International A/S (Denmark)
- Knauf Insulation GmbH (Germany)
- Johns Manville (U.S.)
- Saint-Gobain (France)
- Owens Corning Corporation (U.S.)
- Berkshire Hathaway, Inc. (U.S.)
- BASF (Germany)
- Paroc (Finland)
- The Dow Chemical Company (U.S.)
- The 3M Company (U.S.)
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Roof Insulation Market Segmentation:
Product Type Outlook (Revenue, USD Billion; 2019-2030)
- Glass Wool
- Rock Wool
- Foam
- Others
Application Outlook (Revenue, USD Billion; 2019-2030)
- Pitch Roof Insulation
- Flat Roof Insulation
- Others
Regional Outlook:
· North America (U.S., Canada, Mexico)
· Europe (Germany, U.K., Italy, France, BENELUX, Rest of Europe)
· Asia Pacific (China, India, Japan, South Korea, Rest of Asia Pacific)
· Latin America (Brazil, Rest of LATAM)
· Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)
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