Global building insulation market in 2016 market value of 23.9 billion US dollars

Building insulation refers to the insulation of roofs, floors and walls by using glass wool, mineral wool, extruded polystyrene and other insulation products. The increasing attention and attention to energy conservation and emission reduction is one of the important factors that stimulate the demand for building insulation products.

Another major reason for promoting demand for building insulation is the control of greenhouse gas emissions in many countries. The Kyoto Protocol signed in Japan in 1997 was also designed to ease global warming.

Many countries and regional organizations, including the United States and the European Union, have adopted legislation to promote building energy conservation. These laws are increasingly strict and gradually cover developing countries.

Building insulation is the most effective method to combat climate change. Proper insulation measures can reduce heat flow and reduce the need for cooling by 75%.

The global building insulation market will have a market value of US$17.7 billion in 2010, and 2016 market value is estimated to be US$23.9 billion, with a compound annual growth rate of 5.2%.