Opportunities for the Thermal Insulation Market in Canada to Reach $1,365.1 million by 2030

Opportunities for the Thermal Insulation Market in Canada to Reach $1,365.1 million by 2030
Thermal Insulation Market in Canada
According to a market report by Lucintel, the future of the global Canadian thermal insulation market looks promising with opportunities in the residential, non-residential, industrial and plant, marine, hydroponic, and transportation markets. The global Canadian thermal insulation market is expected to reach an estimated $1,365.1 million by 2030 from $1017.5 million in 2023, at a CAGR 3.8% from 2024 to 2030. The major drivers for this market are growing energy expenses

According to a market report by Lucintel, the future of the global Canadian thermal insulation market looks promising with opportunities in the residential, non-residential, industrial and plant, marine, hydroponic, and transportation markets. The global Canadian thermal insulation market is expected to reach an estimated $1,365.1 million by 2030 from $1017.5 million in 2023, at a CAGR 3.8% from 2024 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 Canadian thermal insulation market 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 [email protected]

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: [email protected] Tel. +1 972.636.5056

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