The global building thermal insulation market revenue is expected to expand at a lucrative CAGR over the forecast period. Growing construction industry coupled with rising demand for insulation materials for residential applications is expected to propel market growth over the forecast period.

The global building thermal insulation market report has been segmented on the basis of product type, application, building type, and region.

On the basis of product type, the global building thermal insulation market has been segmented into mineral wool, glass wool, expanded polystyrene foam (EPS), Extruded polystyrene foam (XPS), and others (stone wool, aerogel, and cellulose). The demand for glass wool is expected to grow over the forecast period. Lack of awareness among the consumers is expected to restrain the market growth over the forecast period.

On the basis of application, the global building thermal insulation market has been segmented into roof insulation, floor insulation, and wall insulation. Penetration of roof is expected to grow over the forecast period. Presence of a large number of single homes in developing economies is expected to drive market growth.

On the basis of building type, the global building thermal insulation market has been segmented into residential and non-residential. Residential application segment is expected to witness steady growth over the forecast period owing to increasing residential construction activities in emerging economies such as India, China, Mexico, Brazil, and South Korea.

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On the basis of region, the global building thermal insulation market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. Asia Pacific is estimated to the fastest growing region in the global building thermal insulation market owing to growing residential construction in the region.

Key players operating in the global building thermal insulation market include GAF Materials Corporation, Saint-Gobain S.A., Guardian Building Products, Inc., Johns Manville Corporation, Huntsman International LLC, Cellofoam North America, Inc., Rockwool International A/S, Atlas Roofing Corporation, Owens Corning Corp., and Firestone Building Products Company.