The “Global Building Insulation Market by Type, Applications & Forecasts (2011 - 2016)”
analyzes building insulation market with respect to market drivers,
opportunities, and trends in the diverse geographical regions including
North America, Europe, Asia, and ROW.
Browse market data tables and in-depth TOC on “Global Building Insulation Market by Type, Applications & Forecasts (2011 - 2016)”
www.marketsandmarkets.com/Market-Reports/building-insulation-materials-market-510.html
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Building Insulation is done by using the materials
such as glasswool, mineral wool, expanded, extruded polystyrene, and
other insulating products to insulate the roof, floors and walls of a
building. The need for energy conservation, reduction in electricity
bills, and emission reduction potential of building insulation are key
factors driving the demand for the building insulation products.
One of the main market boosters for building
insulation is the green house gas emission reduction target set by many
major countries. The Kyoto Protocol was adopted with the same reason in
1997 in Japan to fight with global warming. This protocol is one of the
main reasons due to which different countries are going for building
insulation to achieve their green house gas emission reduction targets.
Several countries and regional organizations
including U.S. and European Union have adopted legislation on energy
efficient buildings. These legislations are growing stricter day by day
and are now covering developing countries as well. Stringent energy
efficiency regulations for buildings are driving the penetration of
insulation in the overall building stock and also increasing the amount
of insulation needed per building.
Building insulation is the most cost-effective
measure to combat climate change. Proper insulation decreases the heat
flow and can reduce cooling demand by up to 75%. The study of building
insulation market is important as it is very useful in climates that
have a wide range of annual average temperatures and the market trend
for different products varies with different geographical regions. This
report not only provides a full estimate of the global building
insulation market; it also gives a detailed analysis of their most
critical micro-markets, which have remained unexplored so far.
The global building insulation market
was worth $17.7 billion in 2010 and is estimated to reach $23.9 billion
by 2016, growing at a CAGR of 5.2% from 2011 to 2016. The wool and
plastic foam are the key revenue generators for the building insulation
industry.
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