Regional Analysis
External Wall Insulation Board Market Regional Insights
- North America is expected to be the largest market for external wall insulation board market during the forecast period, accounting for over 45% of the market share in 2022. The growth of the market in North America is due to stringent building codes and policies focusing on enhancing energy efficiency of buildings in the region.
- The Europe market is expected to be the second-largest market for external wall insulation board market, accounting for over 35% of the market share in 2022. The growth of the market in the region is due to government regulations like the Energy Performance of Buildings Directive, which mandates energy efficiency in buildings.
- The Asia Pacific market is expected to be the fastest-growing market for external wall insulation board market, with a CAGR of over 15% during the forecast period. The growth of the market in Asia Pacific is due to rapid urbanization and increasing construction activity, especially in emerging economies.
Figure 1. External Wall Insulation Board Market Share (%), by Region, 2023
![](/images/research-%20methodology/21928external-wall-insulation-board-market-figure-1.png)
...