May 27 2015
Research and Markets has announced the addition of the "Building Thermal Insulation Market by Material and Application - Global Trends & Forecasts to 2020" report to their offering.
The report studies these building insulation materials with respect to the key players, products, and geography trends of these markets. The building insulation market is further studied from the application's perspective. The major on-goings in the global building insulation industry are also analyzed.
The building thermal insulation market in the Asia-Pacific region is projected to register the highest growth rate of more than 4.0% over the next five years. RoW is projected to witness significant growth between 2015 and 2020.
The report covers major drivers, restraints, and opportunities for global building insulation market and analyze them with respect to their order of impact which explains the weightage of a specific market factor. It also gives an elaborative description of value chain for building insulation market starting from the raw materials used for the materials to the major end-users of the products.
The major restraints in the building thermal insulation market are slow growth of construction sector in Europe and lack of awareness. The housing construction sector in some of the regions is still struggling to gain momentum. This has a direct impact on the building insulation market as well while hampering its growth in the European region. When it comes to low energy and insulated houses there are a number of misconceptions among the general public as well as building professionals about their cost and associated problems. At the same time, many of the benefits are not understood. To ensure a transition towards such buildings, these misconceptions need to be addressed.
The market study analyzes the key building insulation materials with respect to major geographies which include North America, Europe, Asia, and ROW. This evaluates the building insulation products such as glasswool, rockwool, EPS, and XPS in different geographies as the market split and usage of these products differ in different geographical regions. For an instance, the Asian market is the major user of plastic foam insulation products while U.S. and European markets are the major users of rockwool and glasswool for building insulation. Studying these products with respect to major continents is important to develop a holistic picture of the global market for building insulation.
Source: http://www.researchandmarkets.com/