EXTERNAL WALL INSULATION BOARD MARKET SIZE AND SHARE ANALYSIS - GROWTH TRENDS AND FORECASTS (2023 - 2030)

External Wall Insulation Board Market, By Material Type (Mineral Wool, Expanded Polystyrene, Extruded Polystyrene, Polyurethane Foam, Phenolic Foam, and Others), By End-Use Sector (Residential, Commercial, Institutional, and Industrial), By Application (New Construction and Retrofit), By Position (External Thermal Insulation Composite Systems (ETICS) and Internal Thermal Insulation Composite Systems (ITICS)), By Geography (North America, Latin America, Europe, Asia Pacific, Middle East & Africa)

Published In : Dec 2023
Code : CMI6234
Pages :140
Formats :
Excel and PDF
Industry : Advanced Materials

External Wall Insulation Board Market Size and Trends

The external wall insulation board market size is expected to reach US$ 14.9 Mn by 2030 from US$ 8.5 Mn in 2023, exhibiting a compound annual growth rate (CAGR) of 8.3% during the forecast period.

External Wall Insulation Board Market Trends

Shift towards green buildings: Sustainability has become a priority in the building sector, with ‘green buildings’ gaining immense popularity...
Innovation in insulation materials: Manufacturers are investing significantly in developing advanced insulation materials to gain a competitive edge...
Focus on thermal comfort: Thermal comfort is becoming an important aspect of building design. Insulation boards not only reduce heat loss during winters but also provide cooling and moisture control benefits...
Prefabrication techniques: Offsite prefabrication of building modules with integrated insulation is gaining momentum...