By Daniel Webster, dWeb.News Publisher
SAN FRANCISCO, Sept. 15, 2021 /PRNewswire/ — A new market study published by Global Industry Analysts Inc., (GIA) the premier market research company, today released its report titled “Roof Insulation – Global Market Trajectory & Analytics”. The report presents fresh perspectives on opportunities and challenges in a significantly transformed post COVID-19 marketplace.
FACTS AT A GLANCE
Edition: 6; Released: April 2021
Executive Pool: 2826
Companies: 47 – Players covered include BASF SE; Beijing New Building Material (Group) Co., Ltd.; Berkshire Hathaway Inc.; Compagnie De Saint-Gobain SA; GAF; Kingspan Group PLC; Knauf Insulation; Owens Corning; Paroc Group Oy; Rockwool International A/S and Others.
Coverage: All major geographies and key segments
Segments: Application (Flat Roof, Pitched Roof); Material (Glass Wool, Stone Wool, Plastic Foam, Other Materials); Type (Batts & Rolls, Rigid Insulation, Spray Applied, Reflective Systems, Other Types)
Geographies: World; United States; Canada; Japan; China; Europe (France; Germany; Italy; United Kingdom; Spain; Russia; and Rest of Europe); Asia-Pacific (Australia; India; South Korea; and Rest of Asia-Pacific); Latin America (Argentina; Brazil; Mexico; and Rest of Latin America); Middle East (Iran; Israel; Saudi Arabia; United Arab Emirates; and Rest of Middle East); and Africa.
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Global Roof Insulation Market to Reach $11.4 Billion by 2026
Amid the COVID-19 crisis, the global market for Roof Insulation estimated at US$9.6 Billion in the year 2020, is projected to reach a revised size of US$11.4 Billion by 2026, growing at a CAGR of 2.9% over the analysis period. Flat Roof, which is one of the segments that were analyzed in this report, is expected to grow at a 3.2% annual rate and reach US$8.2 billion before the end of the analysis period. After an in-depth analysis of the economic consequences of the pandemic, the growth of the Pitched Roof segment has been adjusted to a revised 2.2% CAGR over the next 7 years.
The U.S. Market is Estimated at $2.7 Billion in 2021, While China is Forecast to Reach $2.3 Billion by 2026
The Roof Insulation market in the U.S. is estimated at US$2.7 Billion in the year 2021. China, the world`s second largest economy, is forecast to reach a projected market size of US$2.3 Billion by the year 2026 trailing a CAGR of 5.4% over the analysis period. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 0.7% and 2.1% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 1.4% CAGR. More
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About Global Industry Analysts, Inc. & StrategyR(tm)
Global Industry Analysts, Inc., (www.strategyr.com) is a renowned market research publisher the world`s only influencer driven market research company. Proudly serving more than 42,000 clients from 36 countries, GIA is recognized for accurate forecasting of markets and industries for over 33 years.
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Global Industry Analysts, Inc.
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