Building insulation materials refer to a substance made to stop heat or sound transferring from one place to another. It is typically used to confine heat and/or sound to particular areas of home or to keep them inside or outside. The materials involved in building insulation materials are fiberglass, mineral wool, cellulose, polyurethane foam, polyisocyanurate foam, polystyrene, aerogels, and others. Fiberglass refers to a sturdy, lightweight material made of tiny glass fibers that can be woven together or used for reinforcing. The different insulation types include bulk and reflective that are used for wall insulation, underfloor insulation, ceiling or roof insulation, and window insulation, and other applications. The several end users include residential, commercial, and industrial. The building insulation materials market research report is one of a series of new reports from The Business Research Company that provides building insulation materials market statistics, including the building insulation materials industry global market size, regional shares, competitors with building insulation materials market share, detailed building insulation materials market segments, market trends, and opportunities, and any further data you may need to thrive in the building insulation materials industry. This building insulation materials market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry. The global building insulation materials market size grew from $25 billion in 2022 to $26.12 billion in 2023 at a compound annual growth rate (CAGR) of 4.5%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The building insulation materials market size is expected to grow to $29.12 billion in 2027 at a CAGR of 2.8%. The increase in construction activities are expected to propel the growth of the building insulation materials market going forward. Construction activities refer to any activity that is essential for building or structural construction, destruction, assembly, alteration, installation, or equipment. Construction activities have been on the rise due to rapid industrialization and urbanization. These construction activities are creating a massive demand for insulation materials for the construction of residential and commercial buildings, as insulation refers to an energy-saving measure that lowers heat surplus in warm weather or climates and lowers heat loss in buildings in cold weather or climates. For instance, according to a report published by Canada's national statistical agency, a Canada-based national statistical office, the investment in building construction increased from $14,294 million in April 2019 to $19,273 million in 2020. Furthermore, in the 2022 U.S. Construction Cost Trends report, in the U.S., there is a rise in residential construction which would continue to drive up demand for materials and labor, escalating competition and cost pressures. In the U.S., total construction spending has increased by 16% since the pandemic's onset. Therefore, the increasing construction activities are driving the growth of the building insulation materials market. Technological innovations have emerged as a key trend gaining popularity in the building insulation materials market. Major companies operating in the building insulation materials market are focused on innovating new technologies to sustain their position in the market. For instance, in January 2021, Armacell, a Luxembourg-based manufacturer and supplier of industrial foams and flexible insulation materials launched a new AF/ArmaFlex generation, which satisfies fire class B/BL-s2, d0 and increases fire safety in buildings. The new elastomeric foam technology increases visibility in the event of a fire, which increases the amount of time that is available to evacuate a structure. In the event of a fire, its smoke quickly spreads throughout the structure, obstructing escape and rescue routes and reducing sight. In comparison to other flexible elastomeric foam materials, AF/ArmaFlex Evo emits 50% less smoke, giving inhabitants more time to leave the structure and improving access for rescue crews. In July 2021, Owens Corning, a US-based developer, and producer of insulation, roofing, and fiberglass composites acquired Vliepa GmbH for an amount of $40 million. This acquisition is expected to increase the scope of Owen Corning's worldwide nonwoven offering and focus on sustainable design, lightweight construction, and labor-saving manufacturing techniques in European markets. Vliepa GmbH is a Germany-based producer of products for the insulation, roofing membrane, and roofing construction industries. Major players in the building insulation materials market are Compagnie de Saint-Gobain S.A., BASF SE, Kingspan Group plc, Knauf Insulation Inc., Owens Corning, Huntsman Corporation, Rockwool A/S, Cabot Corporation, Dow Corning Corporation, Covestro AG, Atlas Roofing Corporation, Johns Manville Corporation, Paroc Group Oy, Firestone Building Products Company LLC, and URSA Insulation S.A. North America was the largest region in the building insulation materials market in 2022. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the building insulation materials market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. The countries covered in the building insulation materials market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The building insulation materials market consists of sales of vermiculite, cementitious foam insulation, extruded polystyrene (Xps), and phenol formaldehyde resin. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).  The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The global building insulation materials market is segmented - 1) By Material: Fiberglass, Mineral Wool, Cellulose, Polyurethane Foam, Polyisocyanurate Foam, Polystyrene, Aerogels, Other materials 2) By Insulation: Bulk, Reflective 3) By Application: Wall Insulation, Underfloor Insulation, Ceiling or Roof Insulation, Window Insulation, Other Applications 4) By End User: Residential, Commercial, Industrial

Building equipment means all machinery, systems, appliances, equipment, and other equipment in a building or the infrastructure required to operate it. The main types of building equipment contractors are electrical contractors and other wiring installation contractors, plumbing, heating, and air-conditioning contractors, and other building equipment contractors. Plumbing refers to any system that transports fluids for a variety of purposes. To transport fluids, plumbers employ pipes, valves, plumbing fittings, tanks, and other devices. The different service providers include large chain companies and independent contractors and are available in various modes, such as online and offline. The building equipment contractors are involved in residential construction, non-residential building construction, utility system construction, and others. The building equipment contractors market research report is one of a series of new reports from The Business Research Company that provides building equipment contractor market statistics, including building equipment contractor industry global market size, regional shares, competitors with a building equipment contractor market share, detailed building equipment contractor market segments, market trends and opportunities, and any further data you may need to thrive in the building equipment contractors industry. This building equipment contractor market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry. The global building equipment contractors market grew from $2,621.41 billion in 2022 to $2,824.95 billion in 2023 at a compound annual growth rate (CAGR) of 7.8%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The building equipment contractors market is expected to grow to $3,722.41 billion in 2027 at a CAGR of 7.1%. A rapidly growing urban population is expected to increase the demand for new residential and commercial buildings, during the forecast period. According to the UN World Urbanization Prospects report, globally, it is projected that more than two-thirds (60%) of the world's population will be living in cities by 2050. For instance, large opportunities are expected to arise in Asian countries such as Indonesia, Vietnam, and the Philippines, which are becoming increasingly popular for export-oriented manufacturing. According to the World Bank, the urban population in South Asia is expected to grow by 250 million by 2030. This rapid urbanization is expected to boost the demand for new infrastructure and drive the building equipment contractor market during the forecasted period. The outbreak of COVID-19 disease (COVID-19) has acted as a massive restraint on the non-residential building construction market in 2020 as supply chains were disrupted due to trade restrictions and construction activities were affected due to lockdowns imposed by governments globally. COVID-19 is an infectious disease with flu-like symptoms including fever, cough, and difficulty breathing. The virus was first identified in Wuhan, Hubei province of the People’s Republic of China, and has spread globally, including Western Europe, North America, and Asia. Construction companies depend on the supply of raw materials and equipment from domestic and international suppliers. As many governments restricted the movement of goods across countries and locally, companies had to halt construction activities due to a lack of equipment and raw materials. The outbreak continues to have a negative impact on businesses throughout 2020 and into 2021. However, it is expected that the non-residential building construction market will recover from the shock over the forecast period as it is a "black swan" event and not related to ongoing or fundamental weaknesses in the market or the global economy. Smart wearables are paving their way into the building equipment contractor market and are being used by supervisors for monitoring operations. Wearable technology in the construction industry will not only have value for workers but can also enhance a company’s ability to manage safety. Wearable devices generally include a computer or electronic device worn on the body, personal protective equipment, or clothing. Wearables like the smart cap, badges, and biosensors evaluate real-time data like location, impact, motion, temperature, and vital signs. Microsoft's device, HoloLens, allows users to use augmented or mixed reality on the job site. Users can overlay 3D building plans over a site. The plans are to scale so project managers can actually see how things will work and fit on the site, reducing the rework requirement. For instance, in 2020, the national framework organization Pagabo, with the goal of improving site management and promoting well-being in the construction industry, teamed up with health tech start-up Moodbeam to produce Moodbeam One, a wearable gadget that allows construction workers to collect their mood in real-time. Major companies in the building equipment contractors market include KONE Corporation, Comfort Systems USA, Inc., Balfour Beatty plc, Fletcher Building Ltd., Vinci SA. Asia-Pacific was the largest region in the building equipment contractors market in 2022. North America was the second-largest region in the building equipment contractors market. The regions covered in the building equipment contractors report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the building equipment contractors market report are Argentina, Australia, Austria, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, UAE, UK, USA, Venezuela, and Vietnam. The building equipment contractors market includes revenues earned by entities by elevators, escalators, service station equipment, and central vacuum cleaning systems. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The global building equipment contractors market is segmented - 1) By Type: Electrical Contractors And Other Wiring Installation Contractors, Plumbing, Heating And Air-Conditioning Contractors, Other Building Equipment Contractors 2) By Application: Residential Building Construction, Nonresidential Building Construction, Utility System Construction, Other Applications 3) By Service Provider: Large Chain Companies, Independent Contractors 4) By Mode: Online, Offline

Building materials and garden equipment and supplies dealers are sellers that are engaged in retailing specialized lines of new building materials, such as lumber, fencing, glass, doors, plumbing fixtures and supplies, electrical supplies, prefabricated buildings and kits, and kitchen and bath cabinets and countertops to be installed. The main types of building materials and garden equipment and supplies dealers are building materials and supplies dealers, lawn and garden equipment, and supplies stores. Lawn and garden equipment and supplies stores sell products that include lawn and garden equipment, furniture, and products related to the cultivation of flowers, vegetables, and so on. The main ownership types are retail chains and independent retailers, each having different types of stores that include exclusive retailers/showrooms and inclusive retailers/dealer stores. The building material and garden equipment and supplies dealers market research report is one of a series of new reports from The Business Research Company that provides building material and garden equipment and supplies dealers market statistics, including building material and garden equipment and supplies dealers industry global market size, regional shares, competitors with a building material and garden equipment and supplies dealers market share, detailed building material and garden equipment and supplies dealers market segments, market trends and opportunities, and any further data you may need to thrive in the building material and garden equipment and supplies dealers industry. This building materials and garden equipment and supplies dealers market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry. The global building material and garden equipment and supplies dealers market grew from $1,427.99 billion in 2022 to $1,546.1 billion in 2023 at a compound annual growth rate (CAGR) of 8.3%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The building material and garden equipment and supplies dealers market is expected to grow to $2,036.98 billion in 2027 at a CAGR of 7.1%. The building materials and garden equipment and supplies dealers market is expected to benefit from steady economic growth forecasted for many developed and developing countries. According to International Monetary Fund (IMF), the global GDP growth was 3.3% in 2020 and 3.4% in 2021. Recovering commodity prices, after a decline in the historic period is further expected to be a significant factor driving economic growth. The US economy is expected to register stable growth during the forecast period. Additionally, emerging markets are expected to continue to grow slightly faster than developed markets in the forecast period. Greater economic growth is likely to drive public and private investments, joint ventures, and foreign direct investments in the end-user markets, thereby driving the market during the forecast period. The outbreak of COVID-19 disease (COVID-19) has acted as a massive restraint on the building materials and garden equipment and supplies market in 2020 as supply chains were disrupted due to trade restrictions and consumption declined due to lockdowns imposed by governments globally. COVID-19 is an infectious disease with flu-like symptoms including fever, cough, and difficulty breathing. The virus was first identified in 2019 in Wuhan, Hubei province of the People’s Republic of China, and has spread globally, including Western Europe, North America, and Asia. Steps by national governments to contain the transmission have resulted in a decline in the manufacture and trade of non-essential goods and an overall decline in economic activity with countries entering a state of "lock down" and the outbreak having a negative impact on businesses throughout 2020 and into 2021. However, it is expected that the building materials and garden equipment and supplies dealers market will recover from the shock over the forecast period as it is a "black swan" event and not related to ongoing or fundamental weaknesses in the market or the global economy. With rising awareness regarding environmental pollution, the demand for green building materials is increasing. Green building materials are sustainable, have a low carbon footprint, and help reduce exposure to toxic chemicals in residences and workplaces. These materials are moisture-resistant, energy-efficient, easy to maintain and create less production waste. As people become aware of polluting and hazardous construction materials, the industry accommodates organic architecture and biodegradable materials in the design of homes and commercial spaces. Consumers now demand safer products. For instance, American consumers are increasingly opting for sustainable building materials that are locally made, refurbished or remanufactured, and resilient to natural disasters. Major companies in the building material and garden equipment and supplies dealers market include the home depot, Lowe's Companies Inc., Wesfarmers Ltd., Falabella S.A., Rewe Group, Steinhoff International Holdings N.V., Ace Hardware Corporation, and Beijing Easyhome Investment Holding Group Co.Ltd. North America was the largest region in the building material and garden equipment and supplies dealers market in 2022. Asia-Pacific was the second-largest region in the building material and garden equipment and supplies dealers market. The regions covered in the building material and garden equipment and supplies dealers market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. The countries covered in the building material and garden equipment and supplies dealers market are Argentina, Australia, Austria, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, UAE, UK, USA, Venezuela, and Vietnam. The building materials and garden equipment and supplies dealers market includes revenues earned by entities by providing services through producers and wholesale distributors. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The global building material and garden equipment and supplies dealers market is segmented - 1) By Type: Building Material and Supplies Dealers, Lawn and Garden Equipment and Supplies Stores 2) By Ownership: Retail Chain, Independent Retailer 3) By Type of Store: Exclusive Retailers/Showroom, Inclusive Retailers/Dealer Store

Building finishing is specialized construction work related to the plastering, pointing, painting, varnishing, white and colour washing, or distempering in a building. The main types of building finishing contractors are drywall and insulation contractors; painting and wall-covering contractors; flooring contractors; tile and terrazzo contractors; finish carpentry contractors; and other building finishing contractors. Drywall and insulation contractors specialise in drywall, plaster, and building insulation. The building finishing services are provided by large chain companies and independent contractors and are available in various modes, such as online and offline. The building finishing contractors are involved in various applications, such as residential construction, non-residential building construction, utility system construction, and others. The building finishing contractors market research report is one of a series of new reports from The Business Research Company that provides building finishing contractors market statistics, including building finishing contractors industry global market size, regional shares, competitors with a building finishing contractors market share, detailed building finishing contractors market segments, market trends and opportunities, and any further data you may need to thrive in the building finishing contractors industry. This building finishing contractors market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry. The global building finishing contractors market grew from $1,297.59 billion in 2022 to $1,380.11 billion in 2023 at a compound annual growth rate (CAGR) of 6.4%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The building finishing contractors market is expected to grow to $1730.32 billion in 2027 at a CAGR of 5.8%. The population profile of most countries is becoming older, which is increasing the demand for elderly-friendly infrastructure. For instance, according to World Health Organization (WHO), an specialized government agency, between 2020 to 2050, the number of people with 80 years of age or older is expected to triple and reach to 426 million and by 2050, the number of people aged 60 and over will double to reach 2.1 billion. Houses and the wider surroundings had to be adapted to be made safer and more inclusive. Local shops and town centres had to be made more accessible and had to be made accessible to the elderly. Public transport facilities also had to be revised based on the increased demand from the elderly. This will result in increased demand for building finishing contractors' activity during the forecast period. Health and safety issues have always been a major concern in the building finishing contractor industry. Construction activities always face worker safety issues with them working at height, working in confined spaces, working underground and close proximity to falling materials; handling loads manually; handling hazardous substances; using plant and equipment; fire and exposure to live cables. For instance, according to 25 Construction Safety Statistics for 2021, the American construction industry comprises 6% of the US workers but witnesses around 20% of the fatalities, the highest number of fatalities compared to any other industry. Inadequate safety and health measures have a negative impact on both the construction and built environments, resulting in fatalities, injuries, and diseases. Predictive analytics is playing a prominent role in the building finishing contractors’ market to simplify risk management, manage financials and resources, and allocate budgets. Predictive analytics refers to a technique used to process large data sets and infer actionable information and behavioural patterns. The software analyses data collected from subcontractors, materials suppliers, and design plans to examine and control risk factors. Predictive analytics helps the project manager to predict and avoid delays in manpower availability and equipment shortages; collects weather data; and predicts the conditions for the company to take preventive actions against weather changes to avoid loss of material and labour costs. Some of the software tools used by building finishing contractors include GanttPRO, Acculynx, Jonas Premier, CoConstruct, Buildertrend, Knowify, Procore, PlanGrid, ProCOntractor, and BIM 360. Major companies in the building finishing contractors market include Fletcher Building Ltd., NCI Building Systems Inc., Interserve Plc Asia-Pacific was the largest region in the building finishing contractors market in 2022. Western Europe was the second-largest region in the building finishing contractors market. The regions covered in the building finishing contractors report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the building finishing contractors market report are Argentina, Australia, Austria, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, UAE, UK, USA, Venezuela, and Vietnam. The building finishing contractors market includes revenues earned by entities by drywall and insulation contractors, painting and wall covering contractors, flooring contractors, tile and terrazzo contractors, finish carpentry contractors, and other building finishing contractors. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The global building finishing contractors market is segmented - 1) By Type: Drywall And Insulation Contractors, Painting And Wall Covering Contractors, Flooring Contractors, Tile And Terrazzo Contractors, Finish Carpentry Contractors, Other Building Finishing Contractors 2) By Application: Residential Building Construction, Nonresidential Building Construction, Utility System Construction, Other Applications 3) By Service Provider: Large Chain Companies, Independent Contractors 4) By Mode: Online, Offline

Buildings construction is the process of building, altering, repairing, improving, or demolishing residential and non-residential buildings or structures using a detailed design and plan. The main types of building construction are residential building construction and non-residential building construction. Non-residential structures comprise non-residential structures as well as fixtures, facilities, and equipment that are integral to the structures as well as site clearance and preparation costs. The different types of buildings include smart buildings, traditional buildings, and those used by private and public industries. The building construction market research report is one of a series of new reports from The Business Research Company that provides building construction market statistics, including building construction industry global market size, regional shares, competitors with a building construction market share, detailed building construction market segments, market trends and opportunities, and any further data you may need to thrive in the building construction industry. This building construction market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry. The global buildings construction market grew from $7079.99 billion in 2022 to $7557.41 billion in 2023 at a compound annual growth rate (CAGR) of 6.7%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The buildings construction market is expected to grow to $9596.54 billion in 2027 at a CAGR of 6.2%. The population profile of most countries is becoming older, which is increasing the demand for elderly-friendly infrastructure. For instance, according to World Health Organization (WHO), an specialized government agency, between 2020 to 2050, the number of people with 80 years of age or older is expected to triple and reach to 426 million and by 2050, the number of people aged 60 and over will double to reach 2.1 billion So, the demand for infrastructural improvements that are "elderly" friendly will increase during the forecast period. Houses and the wider surroundings had to be adapted to be made safer and more inclusive. Better residential as well as non-residential buildings had to be made more accessible to the elderly. This resulted in increased building construction activity. Building construction costs are increasing steadily due to rising material costs. Companies in the industry experienced subdued growth in their profits with rising prices of materials such as crude oil. A key component of asphalt, increased by 58% in 2021 from the year 2020. According to the latest Producer Price Index (PPI) released by the Bureau of Labour Statistics, in the US, prices paid for items used in residential construction jumped 1.7% in April 2021 and have increased by 12.4% over the last 12 months. According to the National Association of Home Builders (NAHB), softwood lumber prices jumped 6.5 percent in April 2021, marking a new high for the third month in a row. Lumber prices have risen by 52.0 percent since November 2020. High material prices will adversely affect the building construction market during the forecast period. Building construction companies are increasingly using green construction techniques to build energy-efficient buildings and reduce construction costs. Green construction refers to the practise of using sustainable building materials and construction processes to create energy-efficient buildings with minimal environmental impact. In the UK, certifications such as Leadership in Energy and Environmental Design (LEED) help construction companies to develop high-performance, sustainable residential and commercial buildings and also offer a variety of benefits, from tax deductions to marketing opportunities. Sustainable construction materials such as natural paints and steel beams made from recycled materials are being widely used in the UK. Other green construction techniques such as cross-ventilation for a more natural environment, green construction software such as Construction Suite to ensure green compliance, and the Green Globes management tool are also being used in the construction industry. For instance, some major companies using green construction techniques include Turner Construction Co., Clark Group, AECOM, Hensel Phelps, and Holder Construction. Major companies in the building construction market include China State Construction Engineering Corporation Ltd., China Evergrande Group, Country Garden Holdings Co Ltd., Sunac China Holdings Ltd., Greenland Holding Group Asia-Pacific was the largest region in the building construction market in 2022. North America was the second-largest region in the building construction market. The regions covered in the building construction market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the building construction market report are Argentina, Australia, Austria, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, UAE, UK, USA, Venezuela, and Vietnam. The building construction market includes revenues earned by entities by constructing buildings such as hotels, houses, apartments, restaurants, schools, sports, offices, hospitals, governments, and other buildings. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The global buildings construction market is segmented - 1) By Type: Residential Building Construction, Nonresidential Building Construction 2) By End User Sector: Private, Public 3) By Buidling Type: Smart Buildings, Traditional Buildings Subsegments Covered: Single-Family Housing Construction (Individual Houses), Multifamily Housing Construction (Apartments), New Housing For-Sale Builders, Residential Remodelers, Institutional Buildings, Commercial Buildings

The exterior insulation and finish system is a cladding system, which provides an insulated finished surface and waterproofing to the exterior walls. It is the facade insulation, or energy-efficient thermal wrapping, that is applied to the external surfaces of the building. The main types of exterior insulation and finish systems are polymer-based and polymer-modified. Materials used for exterior insulation and finish systems includes mineral wool, expanded polystyrene, and others. Mineral wool is an inorganic non-metallic product manufactured from silica or stone that is heated to a high temperature until it becomes molten. The high-temperature molten stone or glass is spun and formed into a fibrous and flexible mat, forming the mineral wool. Mineral wool has good thermal insulation, fire safety, and soundproofing characteristics. Components of exterior insulation and finish systems include adhesive, insulation board, base coat, reinforcement, and finish coat. Exterior insulation and finish systems are mainly used in residential and non-residential applications. The exterior insulation and finish system market research report is one of a series of new reports from The Business Research Company that provides exterior insulation and finish system market statistics, including exterior insulation and finish system industry global market size, regional shares, competitors with a exterior insulation and finish system market share, detailed exterior insulation and finish system market segments, market trends and opportunities, and any further data you may need to thrive in the exterior insulation and finish system industry. This exterior insulation and finish system market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry. The global exterior insulation and finish system market size grew from $84.39 billion in 2022 to $92.16 billion in 2023 at a compound annual growth rate (CAGR) of 9.2%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The exterior insulation and finish system market size is expected to grow to $132.04 billion in 2027 at a CAGR of 9.4%. The growing adoption of green building protocols is expected to propel the growth of the exterior insulation and finish system market. Green buildings are the buildings that contribute towards eliminating or reducing the negative impacts on the climate and environment and create a positive impact through their design, operation, or construction. Green buildings make efficient use of water, energy, and various other renewable resources. Exterior insulation and finish systems produce negligible waste, which is reusable and recyclable, contributing to environmental waste management. According to the World Green Building Council, a global non-profit organization in the building and construction industry, the global green building market has the potential to reduce energy consumption by 50% or more by 2050. Therefore, the growing adoption of green building protocols is driving the exterior insulation and finish system market. Product innovations are a key trend gaining popularity in the exterior insulation and finish system market. For instance, in June 2022, DuPont, a US-based chemical company, launched DuPont™ Thermax™ NH Insulation with innovative glass fiber-reinforced foam core and high R-value It is specifically made to be used as interior finish systems for walls and ceilings as well as outside continuous insulation. Its distinctive qualities include being able to be left exposed on interior walls and ceilings without a thermal barrier and providing consistent, high performance R-value at both 75 °F and 40 °F (UL 1715), Zero ODP, HFC-free, and low VOC. In September 2020, Saint-Gobain, a France-based manufacturer of building materials, acquired Strikolith for an undisclosed amount. Through this acquisition, Saint-Gobain aims at strengthening its offering in the construction chemicals and external thermal insulation composite systems market in the Netherlands. Strikolith is a Netherlands-based company engaged in the manufacturing of wall, front, and ceiling finishes. Major players in the exterior insulation and finish system market are Adex Systems Inc., Aliva UK Ltd., Allana Buick & Bers Inc., Amvic Inc., BASF SE, Dryvit Systems Inc., Durabond Products Ltd., Durock Alfacing International Limited, Foundation Building Materials LLC, Knauf Insulation GmbH, Master Wall Inc., Omega Products International Inc., Owens Corning, Saint-Gobain Group, Shingobee Builders Inc., Sika AG, Simpson Gumpertz & Heger Incorporated, STO SE & Co. KGaA, Terraco Group, Wacker Chemie AG, Virginia Stucco Co, and Lafargeholcim Ltd. Western Europe was the largest region in the exterior insulation and finish system market in 2022. The regions covered in the exterior insulation and finish system market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. The countries covered in the exterior insulation and Finish System market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The exterior insulation and finish system market consists of sales of stiff and rigid insulation boards. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The global exterior insulation and finish system market is segmented - 1) By Material: Mineral Wool, Expanded Polystyrene, Other Materials 2) By Application: Residential, Non-Residential 3) By Type: Polymer-Based, Polymer-Modified 4) By Component: Adhesive, Insulation Board, Base Coat, Reinforcement, Finish Coat

Metal structural insulated panels (SIPs) refer to high-performance building systems used for construction purposes. These structural panels are made up of oriented strand board and an insulating foam core (OSB). These panels are suitable for any building design and provide good strength to the building. The main types of facing materials in metal structural insulation panels are OSB, MgO Board, and others. The oriented strand board (OSB) material is used for floor underlayment, wall sheathing, roof cover, and I-joists in both commercial and residential buildings. OSB is also used in reels, furniture, trailer liners, and recreational vehicle floors. Oriented strand board (OSB) and plywood are wood structural panels made by glueing and compressing pieces of wood together. The different applications include floors, roofs, and walls. The several end users include residential and non-residential. The metal structural insulation panel market research report is one of a series of new reports from The Business Research Company that provides metal structural insulation panel market statistics, including metal structural insulation panel industry global market size, regional shares, competitors with a metal structural insulation panel market share, detailed metal structural insulation panel market segments, market trends and opportunities, and any further data you may need to thrive in the metal structural insulation panel industry. This metal structural insulation panel market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry. The global metal structural insulation panels market size grew from $41.94 billion in 2022 to $43.38 billion in 2023 at a compound annual growth rate (CAGR) of 3.4%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The metal structural insulation panels market size is expected to grow to $47.4 billion in 2027 at a CAGR of 2.2%. The growing demand for construction is expected to propel the growth of the metal structural insulation panels market going forward. Construction refers to the activity of building something, typically a large structure. Metal structural insulation panels are used to construct ceilings, walls, and floors in the construction industry. These panels are also used for roofs and walls in commercial buildings and cold storage, which helps to increase the strength and durability of the building and make it more cost-effective. They also form an insulating core. For instance, according to the Ministry of Statistics and Program Implementation, an India-based government program, the construction sector in India grew by 10.2 percent in 2022 and recorded a growth of 8.6% for the year 2020. Furthermore, according to the Royal Institution of Chartered Surveyors, a UK-based surveying company, for the year 2021, there was a 9.7% increase in the value of construction output in the UK, which was 42.7 billion in the year 2021, as compared to 38.9 billion for the year 2020. Therefore, the growing demand for construction is driving the growth of the metal structural insulation panels market. Strategic partnerships and collaborations are a key trend gaining popularity in the metal structural insulation panels market. Major companies operating in the metal structural insulation panels sector are focused on partnerships to sustain their position in the market. For instance, in July 2022, Sika Corporation, a Europe-based specialty chemical company, announced a partnership agreement with All-Weather Insulated Panels (AWIP). With this partnership, both companies joined to develop AWIP’s OneDek insulated roof deck panel and Sika’s Sarnafil PVC roof membrane, which is fully warranted under Sika Sarnafil’s. All-Weather Insulated Panels is a US-based manufacturer of insulated metal panels that designs, constructs, and advances. Moreover, in July 2022, ArcelorMittal, a Luxembourg-based steel manufacturing company and a manufacturer of metal insulation panels, entered into a partnership with Gestamp to put low-carbon emissions steel parts on the automotive production line. With this partnership, they are expected to develop low-carbon steel for use in car parts. Gestamp is a Spin-based automotive engineering company. In August 2021, Nucor, a US-based steel production company, acquired Cornerstone Building Brands' insulated metal panel business for a deal amount of $ 1 billion. Through this acquisition, Nucor will enter the insulated metal panels market and plans to expand its business all over the United States. Cornerstone Building Brands is a US-based manufacturer of metal roofing, insulating panels, wall systems, and metal accessories. Major players in the metal structural insulation panels market are Arcelor Mittal, Jindal Mectec Insulation Private Limited, ATAS International Inc., Kingspan Group PLC, Flexospan Steel Buildings Inc., Kirby Building Systems, MIB Facades Ltd., Permatherm Inc., Nucor Building Systems, PFB Corporation, KPS Global, American Insulated Panel, Structural Panels Inc., and Ingreen Systems Corp. Asia-Pacific was the largest region in the metal structural insulation panels market in 2022. Asia-Pacific is expected to be the fastest-growing region in the forecast period.  The regions covered in the metal structural insulation panels market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. The countries covered in the metal structural insulation panels market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The metal structural insulation panels market consists of the sale of compressed straw-core insulated panels, polyurethane insulated panels and expanded polystyrene insulated panels. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The global metal structural insulation panels market is segmented - 1) By Facing Material: OSB, MgO Board, Other Facing Materials 2) By Application: Floor, Roof, Wall 3) By End User: Residential, Non-Residential

Industrial insulation refers to insulation services that are used to control the surface temperature for personal protection, prevent corrosion of cold surfaces due to condensation, and increase fire protection. It is a barrier to the progression or transmission of any form of energy through the insulated surfaces. The main forms of industrial insulation are pipe, blanket, board, and other forms. Pipe insulation refers to materials or combinations of materials that are wrapped around a pipe to slow the flow of heat and energy. The various materials include mineral wool, calcium silicate, plastic foam, and other materials which are used in end-use industries such as power, oil and gas, chemicals, petrochemicals, cement, food and beverage, and other end-use industries. The industrial insulation market research report is one of a series of new reports from The Business Research Company that provides industrial insulation market statistics, including industrial insulation industry global market size, regional shares, competitors with an industrial insulation market share, detailed industrial insulation market segments, market trends and opportunities, and any further data you may need to thrive in the industrial insulation industry. This industrial insulation market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry. The global industrial insulation market size grew from $4.35 billion in 2022 to $4.66 billion in 2023 at a compound annual growth rate (CAGR) of 7.1%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The industrial insulation market size is expected to grow to $6.03 billion in 2027 at a CAGR of 6.7%. The increase in power and energy requirements is expected to propel the growth of the industrial insulation market going forward. Energy refers to the power integrated over time. Industrial insulation helps with energy and power by acting as a barrier to the transmission of any form of energy through the insulated surfaces. For instance, according to the International Energy Agency, a France-based autonomous intergovernmental organization, annual additions to global renewable electricity capacity are expected to average around 305 GW per year between 2021 and 2026. This suggests an acceleration of nearly 60% compared to renewables’ expansion over the last five years. Annual renewable capacity additions in the accelerated case are a quarter higher than in our main case, reaching over 380 GW on average over 2021–2026. Therefore, an increase in power and energy requirements is driving the industrial insulation market. Product innovation has emerged as a key trend gaining popularity in the industrial insulation market. Major companies operating in the industrial insulation market are coming up with new products to reduce energy consumption and reduce harmful impacts on the environment. For instance, in January 2020, Owens Corning, a US-based industrial insulation provider, launched next-generation fibreglass made with safe, proven ingredients that naturally resist fire and do not support mould growth, with no formaldehyde and no fire retardants added to the fibreglass by PureFiber technology, that delivers improved recovery and stiffness for a faster install. In May 2022, Knauf Insulation, a Belgium-based manufacturer of insulation products and solutions provider, acquired Gecsat for an undisclosed amount. The acquisition of the Romanian plant is expected to support Knauf Insulation's growth goals and provide additional capacity to meet the growing demand for Knauf insulation solutions in the region. Gecsat is a Romania-based mineral wool manufacturer operating in the industrial insulation market. Major players in the industrial insulation market are Owens Corning, Compagnie de Saint-Gobain S.A., Knauf Insulation, Kingspan Group PLC, Armacell International SA, Johns Manville, Nichias Corporation, Insulcon BV, Promat (ETEX Group), Aspen Aerogels Inc., Cabot Corporation, NMC Deutschland GmbH, Kaimann GmbH, Pittsburgh Corning Europe N.V., and GLAPOR Schaumglasdämmstoffe GmbH. Asia-Pacific was the largest region in the industrial insulation market in 2022. The regions covered in this industrial insulation market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the industrial insulation market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The industrial insulation market includes revenues earned by entities by maintaining process temperature to the pre-determined value. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The global industrial insulation  market is segmented - 1) By Form: Pipe, Blanket, Board, Other Forms 2) By Material: Mineral Wool, Calcium Silicate, Plastic foams, Other Materials 3) By End-Use Industry: Power, Oil and Gas, Chemical, Petrochemical, Cement, Food and Beverage, Other End-Use Industries