What is Global Exterior Wall Building Insulation Materials Market?
The Global Exterior Wall Building Insulation Materials Market is a vast and dynamic sector that encompasses a wide range of materials used in the insulation of exterior walls in buildings. These materials are crucial in maintaining the temperature of the building, reducing energy consumption, and enhancing the overall comfort of the occupants. The market includes various types of insulation materials such as Rock Wool, Glass Wool, EPS/XPS, PU/PIR, among others. Each of these materials has its unique properties and applications, making them suitable for different types of buildings and climatic conditions.
Rock Wool, Glass Wool, EPS/XPS, PU/PIR, Others in the Global Exterior Wall Building Insulation Materials Market:
Rock Wool is a type of insulation material that is made from natural or synthetic minerals. It is known for its excellent thermal resistance, fire resistance, and sound absorption properties. Glass Wool, on the other hand, is made from fibres of glass and is widely used due to its high insulating properties and low weight. EPS/XPS are types of polystyrene insulation that are lightweight, easy to install, and provide good thermal resistance. PU/PIR are types of polyurethane insulation that are known for their high thermal performance, moisture resistance, and durability. Other types of insulation materials include natural materials like wool, cotton, and cellulose, as well as synthetic materials like plastic fibres and foams.
Residential Building, Commercial Building in the Global Exterior Wall Building Insulation Materials Market:
The Global Exterior Wall Building Insulation Materials Market finds its application in various areas, including residential and commercial buildings. In residential buildings, these materials are used to insulate exterior walls to maintain a comfortable indoor temperature, reduce energy consumption, and minimize noise pollution. In commercial buildings, these materials are used not only for thermal insulation but also for fire safety, as many of these materials are fire-resistant. The choice of insulation material depends on various factors such as the type of building, its location, climatic conditions, and specific requirements of the occupants.
Global Exterior Wall Building Insulation Materials Market Outlook:
To provide a snapshot of the Global Exterior Wall Building Insulation Materials Market, in 2022, the market was valued at US$ 29510 million. It is projected to reach US$ 35080 million by 2029, growing at a CAGR of 3.3% from 2023 to 2029. The market is dominated by the top 3 companies, which collectively hold about 30% of the market share. Geographically, APAC is the largest market for exterior wall building insulation materials, accounting for over 43% of the market share. This is followed by North America and Europe, which hold about 27% and 23% of the market share, respectively.
| Report Metric | Details |
| Report Name | Exterior Wall Building Insulation Materials Market |
| Accounted market size in 2022 | US$ 29510 in million |
| Forecasted market size in 2029 | US$ 35080 million |
| CAGR | 3.3% |
| Base Year | 2022 |
| Forecasted years | 2023 - 2029 |
| Segment by Type |
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| Segment by Application |
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| Production by Region |
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| Consumption by Region |
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| By Company | Kingspan Group, Saint-Gobain, Owens Corning, Rockwool International, Knauf Insulation, Johns Manville, Ravago, DuPont, URSA, TN International, Beipeng Building Materials Group, Taishi Energy Conservation Materials, Asia Cuanon, Asahi Fiber Glass, UNILIN Insulation, Recticel Insulation, Oriental Yuhong |
| Forecast units | USD million in value |
| Report coverage | Revenue and volume forecast, company share, competitive landscape, growth factors and trends |
