The building thermal insulation market for floor applications is projected to register a 3.6% CAGR through 2026, driven by a stringent regulatory environment in Europe and North America, as it helps in reducing the amount of heat that escapes from the floor.

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.