NEW YORK , Nov. 12, 2024 /PRNewswire/ -- Report on how AI is driving market transformation - The global insulation market size is estimated to grow by USD 24.3 billion from 2024-2028, according to Technavio.
The market is estimated to grow at a CAGR of 5.6% during the forecast period. Growing need for energy efficiency in buildings is driving market growth, with a trend towards green building developments influencing sales prospects.
However, lack of skilled workforce poses a challenge.Key market players include Aeroflex USA Inc., Altana AG, Armacell International SA, BASF SE, Carlisle SynTec Systems, Compagnie de Saint Gobain, Continental AG, Dow Inc.
, Holcim Ltd., Huntsman Corp., Kaneka Corp.
, Kingspan Group Plc, Knauf Digital GmbH, Owens Corning, Recticel Group, Rilmac Group of Companies, ROCKWOOL International AS, Synthos SA, Thermaflex, and Xella International GmbH. Key insights into market evolution with AI-powered analysis. Explore trends, segmentation, and growth drivers- View Free Sample PDF Insulation Market Scope Report Coverage Details Base year 2023 Historic period 2018 - 2022 Forecast period 2024-2028 Growth momentum & CAGR Accelerate at a CAGR of 5.
6% Market growth 2024-2028 USD 24.3 billion Market structure Fragmented YoY growth 2022-2023 (%) 5.15 Regional analysis APAC, North America, Europe, Middle East and Africa, and South America Performing market contribution APAC at 47% Key countries China, US, Japan, Germany, and UK Key companies profiled Aeroflex USA .