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Fireproof Insulation Market Analysis

  • Report ID: GMI1295
  • Published Date: Nov 2022
  • Report Format: PDF

Fireproof Insulation Market Analysis

The fireproof insulation industry size from the non-residential application is poised to attain 3.5% gains through 2032. The sector growth can be credited to the increasing emphasis on developing a robust commercial and industrial infrastructure, resulting in a surge in non-residential construction projects. According to the Associated Builders and Contractors analysis, the non-residential construction expenditure in the U.S. totaled $859.3 billion for August 2022 on a seasonally adjusted annualized basis.
 

 

Fireproof Insulation Market By Region

The Europe fireproof insulation market is set to exceed USD 15.6 billion by 2032 and is projected to register 3.5% growth between 2023 and 2032. The regional industry outlook can be attributed to the spurring construction sector aided by the noticeable surge in new construction, redevelopment, and refurbishment projects. Besides, the region has observed a growing inclination toward sustainable infrastructure underpinned by stringent building and construction codes, which is slated to accelerate business expansion.

Authors: Kiran Pulidindi, Hiralkumar Patel

Frequently Asked Questions (FAQ) :

The market size of fireproof insulation surpassed USD 27.5 billion in 2022 and is primed to witness 3.5% CAGR during 2023 to 2032 owing to a significant rise in construction expenditure backed by the burgeoning demand for adequate urban infrastructure.

Polystyrene material segment is expected to cross USD 12.3 billion revenues by 2032, driven by the excellent thermal resistance, compressive strength, and increased ease of use associated with this fireproof insulations type.

The non-residential fireproof insulation segment is poised to attain over 3.5% through 2032 propelled by the increasing infrastructure investments in non-residential construction projects.

The demand for fireproof insulation in Europe is anticipated to observe 3.5% growth rate through 2032 attributed to the expanding sustainable infrastructure and stringent regulatory norms.

Major fireproof insulation industry participants include Knauf Insulation, Saint-Gobain SA, Owens Corning Corporation, GAF, Johns Manville, Rockwool International A/S, Sipla Solutions, Kingspan Group PLC, BASF SE, and Beijing New Building Material Co., Ltd

Fireproof Insulation Market Scope

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Premium Report Details

  • Base Year: 2022
  • Companies covered: 10
  • Tables & Figures: 314
  • Countries covered: 21
  • Pages: 275
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