Roof Insulation Market Driven by Growing Construction Industry
Roof Insulation Market Overview The roof insulation market was valued at the USD 9.11 billion in 2020. In fact, due to rising consumer awareness about insulation material, the global roof insulation market is expected to reach much higher values. It has been predicted to be worth USD 15.86 billion by the end of the current forecast period of 2021 - 2030. The market is also expected to achieve its significant value during 2030. The compound annual growth rate (CAGR) of the roof insulation market for the forecast period ending in 2030 stands at 6.27%. There has been a sharp rise in demand for energy-conserving, smart materials in construction such as Roof Insulation. Insulation materials are those which can prevent the transfer of heat, sound, and electricity from one side to another. Similarly, roof insulation prevents the heating of the house from solar radiation during hot days and from overcooling during colds. Moreover, it has the additional advantage of preventing no...