The recent analytical report published by Markntel Advisors (a leading consulting, data analytics, and market research firm), India Building Insulation Materials Market comprises a detailed study of critical and major aspects of market dynamics, i.e. market trends, size, forecasts, growth factors, challenges, and competitor landscape. The research company provides an extensive range of strategic reports on diverse industry verticals to substantial and varied client bases, including multinational corporations, financial institutions, governments, and individuals, among others.
India Building Insulation Materials Industry Analytical Overview (2024-2030): Drivers, Opportunities, Challenges, and Trends,
According to the latest report, India Building Insulation Materials Market size is valued at around USD 29.6 billion in 2024 and is anticipated to reach around USD 38.4 billion by 2030. The market is expected to grow at a CAGR of around 4.2% during the forecast period, i.e., 2024-30. The report significantly addressed considerable changes, gap analyses, and competitive studies using qualitative and quantitative data. These include the widespread segmentation, geography, and recent developments, entailing information on the fluctuation in the demand, sales, revenue, and other parameters experienced and expected in the industry for the forecasting year i.e. 2024 to 2030.
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What is Included in India Building Insulation Materials Market Segmentation?
The report has segmented the market into the following categories:
By Material Type
- Fiberglass- Market Size & Forecast 2019-2030, USD Million & Kilo Tons
- Mineral Wool- Market Size & Forecast 2019-2030, USD Million & Kilo Tons
- Cellulose- Market Size & Forecast 2019-2030, USD Million & Kilo Tons
- Polyurethane Foam- Market Size & Forecast 2019-2030, USD Million & Kilo Tons
- Polystyrene- Market Size & Forecast 2019-2030, USD Million & Kilo Tons
- Polyisocyanurate- Market Size & Forecast 2019-2030, USD Million & Kilo Tons
- Others- Market Size & Forecast 2019-2030, USD Million & Kilo Tons
By Application
- Roof/Ceiling Insulation- Market Size & Forecast 2019-2030, USD Million & Kilo Tons
- Floor Insulation- Market Size & Forecast 2019-2030, USD Million & Kilo Tons
- Wall Insulation- Market Size & Forecast 2019-2030, USD Million & Kilo Tons
- Window Insulation- Market Size & Forecast 2019-2030, USD Million & Kilo Tons
By End User
- Residential- Market Size & Forecast 2019-2030, USD Million & Kilo Tons
- Non-Residential- Market Size & Forecast 2019-2030, USD Million & Kilo Tons
- - Commercial Buildings- Market Size & Forecast 2019-2030, USD Million & Kilo Tons
- - Offices- Market Size & Forecast 2019-2030, USD Million & Kilo Tons
- - Educational Institutions- Market Size & Forecast 2019-2030, USD Million & Kilo Tons
- - Others- Market Size & Forecast 2019-2030, USD Million & Kilo Tons
The residential segment is expected to see significant growth during the forecast period due to rapid population rise, increasing urbanization, and rising standard of living.
By Region
- North
- South
- East
- West
- North East
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Key Factor Driver India Building Insulation Materials Industry Growth by 2030
Emphasis on Green Infrastructure Development – The Indian economy is growing rapidly and infrastructure development is a crucial part of it. The government has launched various projects and schemes to develop infrastructure such as housing for all, smart city initiatives, business parks, and many others. Additionally, initiatives taken to attract FDI proved to be fruitful and the inflow of FDI increased significantly further promoting infrastructure development as various companies set up shop in India. With the government emphasizing green buildings to achieve the net zero target and energy conservation, the adoption of insulation will increase and be used in various sectors. This will drive market growth & expansion and pave a path for steady growth alongside infrastructure development in India.
Who are the Key Players Operating in the India Building Insulation Materials Industry?
The top companies of the India Building Insulation Materials market ruling the industry are:
- Lloyd Insulations India Limited
- Neo Thermal Insulation
- Rockwool India
- National Industrial Co
- Knauf Insulation
- Saint-Gobain India
- Huntsman Advanced Materials (India) Pvt. Ltd.
- BASF India
- NATRAJ INSULATION
- Duratuf Products Pvt. Ltd.
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FAQs (Frequently Ask Questions)
- What are the industry’s overall statistics or estimates including CARG and USD Value of the forecasting years?
- What are the trends influencing the current scenario of the India Building Insulation Materials Market?
- What are the key factors that would propel and hinder the industry?
- Which geographical area dominates the India Building Insulation Materials industry?
- Which is the Leading segment in the market?
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