Asia Pacific building thermal insulation market share is likely to expand at over 5.5% CAGR from 2019 to 2025 driven by rising disposable income, rapid urbanization and stringent government regulations for reduction of carbon footprint.

Energy saving has become a political trend topic around the globe; governments outbid each other with plans and promises. A new study of the market research institute Ceresana forecasts that revenues generated with construction insulation materials will amount to a volume of USD 47.7 billion until 2022.