London - A new report "Global Building Insulation Market by Materials & Applications (2011 - 2016)" from MarketsandMarkets estimates that the global building insulation market will rise to a worth of $23.09 billion in 2016, from its 2010 value of $17.7 billion, an annualised growth rate (CAGR) of 5.2 percent from 2011 to 2016.
This growth is being pushed up by 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, says Markets&Markets.
The 209 page report costs $4650. It analyses the global building insulation market with respect to market drivers, opportunities, and trends in the diverse geographical regions including North America, Europe, Asia, and the rest of the world.
A review of the competitive landscape, profiles of top players including their business, products, developments, financials, strategies, and other company-specific information can also be found in the study.
Types of building insulation materials covered include: plastic foams (polyurethane, expanded and extruded polystyrene, and others), wool (rockwool, glasswool), and other materials.
Applications analysed include wall, roof and floor insulation.