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Lucintel Forecasts The Global Fiberglass Insulation Market To Reach $18 Billion By 2030
According to a market report by Lucintel, the future of the global fiberglass insulation market looks promising with opportunities in the residential, commercial, and industrial market. The global fiberglass insulation market is expected to reach an estimated $18 billion by 2030 from $14 billion in 2023 at a CAGR of 3.8% from 2023 to 2030. The major drivers for this market are rising need for effective insulation materials, increased residential & commercial construction activities, and growing awareness of energy conservation & environmental benefits.
A more than 150-page report to understand trends, opportunity and forecast in fiberglass insulation market to 2030 by type (batts & rolls, blowing wool, slabs, and others), application (thermal and acoustic), end use (residential, commercial, industrial, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)
Lucintel forecasts that batt & roll is expected to witness the highest growth over the forecast period.
Within this market, residential will remain the largest segment.
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... fiberglass insulation market.
Owens Corning, Saint-Gobain, China Jushi, Knauf Insulation, Johns Manville, Fletcher Building, CSR Limited are the major suppliers in the fiberglass insulation market.
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at helpdesk@lucintel.com. To get access of more than 1000 reports at fraction of cost visit Lucintel's Analytics Dashboard.
About Lucintel
At Lucintel, we offer solutions for you growth through game changer ideas and robust market & unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. +1-972-636-5056
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