According to a market report by Lucintel, the future of thermal insulation market in Canada looks promising with opportunities in the residential, non-residential, industrial and plant, marine, hydroponic, and transportation markets. The thermal insulation market in Canada is expected to reach an estimated $1,365 million by 2030 from $1018 million in 2023 at a CAGR 4.3% from 2023 to 2030. The major drivers for this market are growing energy expenses, climate variability in Canada, and government initiatives and regulations regarding sustainability.
A more than 150-page
report to understand trends,
opportunity and forecast in thermal insulation market in Canada to 2030 by
material (mineral wool, plastic foam, and others) and end use industry
(residential, non-residential, industrial and plant, marines, hydroponics,
transportation, and others).
Lucintel forecasts that mineral wool will remain the larger segment over
the forecast period.
Download sample by clicking on Canadian
thermal insulation market
Within this market, residential
will remain the largest segment.
Owens Corning, Rockwool, Dow Chemical, Saint-Gobain, BASF, Johns
Manvilleare the major suppliers in the Canadian thermal insulation market.
This unique research
report will enable you to make confident business decisions in this globally
competitive marketplace. For a detailed table of contents, contact Lucintel at
+1-972-636-5056 or write us at helpdesk@lucintel.com
About Lucintel
At Lucintel, we offer solutions for
you growth through game changer ideas and robust market &
unmet needs analysis. We are based in
Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20
years. We are quoted in several publications like the Wall Street Journal,
ZACKS, and the Financial Times.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. +1 972.636.5056
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