Global Roof Insulation Market Growth Steady at 4.3% CAGR to 2021 Led by Rigid Insulation Segment

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PUNE, India, July 11, 2016 /PRNewswire/ --

The global roof insulation market is forecast to reach $10.85 billion by 2021 at a CAGR of 4.3% between 2016-2021 driven by growth of the construction industry in the emerging economies such as China, India, Brazil and stringent regulatory environment in the developed countries such as US, Canada & Germany to reduce greenhouse gas emissions.

Complete report on global roof insulation market spread across 156 pages, profiling 10 companies and supported with 119 tables and 52 figures is now available at http://www.reportsnreports.com/reports/610959-roof-insulation-market-by-application-flat-roof-pitched-roof-type-batts-rolls-rigid-insulation-spray-applied-reflective-systems-others-material-glass-wool-stone-wool-plastic-foam-others-region-europe-north-america-asia-pacific-mea-latin-america-global-forecast-to-2021.html .

Pitched roof is the fastest-growing application segment of the global roof insulation market. One or more roof surfaces of a pitched roof is pitched more than 10° and two of its slopes meet at a central ridge. This type of roof is ideal for areas where there are heavy rains and snowfalls. Pitched roof is comparatively easy to insulate, which makes it a favorable choice for residential projects. Increasing demand from new construction activities, especially in the emerging economies across the globe, are expected to drive the growth for the market. Fiberglass, stone wool, foam board, and PUR insulation are the materials that are majorly used for insulating pitched roof.  

Rigid insulation is the fastest-growing type segment in the global roof insulation market. Rigid insulation is the fastest-growing segment of the global roof insulation market. Rigid insulation possesses qualities such as high R-value and compact design, which makes it favorable for applications where space is limited. This has led to an increased demand for rigid insulation from contractors as well as individuals, and is expected to drive the growth of the market in the coming years.

Asia-Pacific is the fastest-growing region in the global roof insulation market. Asia-Pacific is the fastest-growing market for global roof insulation, globally. The energy-saving initiatives and modifications in building regulations have aided the growth of the market in the region. With the presence of emerging economies, such as China, Indonesia, and India the construction sector in this region is expected to witness significant growth in the coming years. This is consequently expected to lead to growth in the roof insulation market in Asia-Pacific. Some of the key players operational in the market in Asia-Pacific are Knauf Insulation (U.S.), Uralita (Spain), Rockwool International (Denmark), Rectical (Belgium), Kingspan (Ireland), Saint Gobain (France), and BASF SE (Germany).

The key companies operational in the market are International A/S (Denmark), Knauf Insulation GmbH (Germany), Saint-Gobain (France), Owens Corning Corporation (U.S.), Berkshire Hathaway, Inc. (U.S.), BASF (Germany), and Paroc (Finland). Order a copy of "Roof Insulation Market by Application (Flat Roof, Pitched Roof), Type (Batts & Rolls, Rigid Insulation, Spray Applied, Reflective Systems, Others), Material (Glass Wool, Stone Wool, Plastic Foam, Others), Region (Europe, North America, Asia Pacific, MEA, Latin America) - Global Forecast to 2021" research report at http://www.reportsnreports.com/purchase.aspx?name=610959 .

In the process of determining and verifying, the global roof insulation market size for several segments and sub segments gathered through secondary research, extensive primary interviews were conducted with key people. In Tier 1 (45%), Tier 2 (22%) and Tier 3 (33%) companies were contacted for primary interviews. The interviews were conducted with various key people such as C-level Executives (50%), Director Level (10%) and others (40%) from various key organizations operating in the global roof insulation market. The primary interviews were conducted worldwide covering regions such as North America (17%), Europe (33%), Asia-Pacific (17%), Middle East & Africa (25%) and Latin America (8%).

On a related note, another research on Waterproofing Membranes Market Forecast to 2021 says, the market size of waterproofing membranes is estimated to reach $36.62 billion by 2021, at a CAGR of 9.2%. Waste & water management one of the fastest-growing applications of waterproofing membranes. Asia-Pacific is the fastest growing market for waterproofing membranes in terms of value and volume in the forecast period. Companies like Carlisle Companies Inc. (U.S.), Firestone Building Products Company, LLC (U.S.), Soprema Group (France), GSE Environmental (U.S.), BASF SE (Germany), The Dow Chemical Company (U.S.), Johns Manville (U.S.), Sika AG (Switzerland), and GAF Materials Corporation (U.S.) have been profile in this 201 pages research report available at http://www.reportsnreports.com/reports/403121-waterproofing-membrane-market-by-type-modified-bitumen-pvc-tpo-epdm-hdpe-ldpe-by-application-roofing-walls-building-structures-waste-water-management-tunnel-liners-bridges-highways-by-region-trends-forecasts-to-2020.html .

Explore more reports on Chemicals market at http://www.reportsnreports.com/market-research/chemicals/ .

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