Saudi Arabia Building Thermal Insulation Market Outlook (2022-2028) | Revenue, Forecast, COVID-19 IMPACT, Companies, Trends, Growth, Size, Industry, Share, Analysis & Value

Saudi Arabia building thermal insulation market report comprehensively covers the market by material types, by applications and by building types. The Saudi Arabia building thermal insulation market outlook report provides an unbiased and detailed analysis of the Saudi Arabia building thermal insulation market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.

Saudi Arabia Building Thermal Insulation Market Synopsis

Saudi Arabia Building thermal insulation market is forecast to grow as 70% of residential buildings in Saudi Arabia require thermal insulation to meet energy efficiency standards. Through comprehensive use of energy efficiency standards and labels, Saudi Arabia aims to reduce demand for energy consumption over the next 20 years. However, the market witnessed slow growth during the outbreak of Covid-19 pandemic and has gradually recovered over the past few years.

According to 6Wresearch, Saudi Arabia building thermal insulation market size is expected to grow at a CAGR of 5.5% during 2022-28. The kingdom’s initiatives such as VISION 2030 goals for diversified and sustainable economy and MOSTADAM (Arabic word for “sustainable”) which is a new system to rate new housing units according to green construction standards, continue enforcement of 15 thermal insulation standards along with implementation of meaningful policy actions towards promoting energy efficiency would lead the Saudi Arabia building thermal insulation market to grow in coming years.

Market Analysis By Building Types

Residential sector accounted for major revenue share in 2021 in Saudi Arabia building thermal insulation market as Saudi Arabia government has made it mandatory for buildings to have thermal insulation in 24 major cities to cut down on rising energy costs. With more than 70% of residential buildings require thermal insulation along with growing initiatives by Saudi Arabian government to reduce energy consumption in the country would drive the market growth of residential sector in coming years.

Key Attractiveness of the Report

• COVID-19 Impact on the Market.
• 10 Years Market Numbers.
• Estimated Data Starting from 2022 to 2028F.
• Base Year: 2021
• Forecast Data Until 2028F.
• Key Performance Indicators Impacting the Market.
• Major Upcoming Developments and Projects.

Key Highlights of the Report:

• Saudi Arabia Building Thermal Insulation Market Overview
• Saudi Arabia Building Thermal Insulation Market Outlook
• Saudi Arabia Building Thermal Insulation Market Forecast
• Historical Data and Forecast Saudi Arabia Building Thermal Insulation Market Revenues for the Period 2018-2028F
• Historical Data and Forecast of Saudi Arabia Building Thermal Insulation Market Revenues, By Materials, for the Period 2018-2028F
• Historical Data and Forecast of Saudi Arabia Building Thermal Insulation Market Revenues, By Applications, for the Period 2018-2028F
• Historical Data and Forecast of Saudi Arabia Building Thermal Insulation Market Revenues, By Building Types, for the Period 2018-2028F
• Market Drivers and Restraints
• Industry Life Cycle
• Porter’s Five Force Analysis
• Impact Analysis of COVID-19
• Market Trends
• Saudi Arabia Building Thermal Insulation Market Revenue Ranking, By Companies
• Competitive Benchmarking
• Company Profiles
• Key Strategic Recommendations

Market Scope and Segmentation

The Saudi Arabia Building thermal insulation market report provides a detailed analysis of the following market segments:

By Materials

• Plastic Foam
  • Expanded Polystyrene Foam
  • Extruded Polystyrene Foam (EPS)
  • Polyurethane (PUR) & Polyisocyanurate (PIR) Foam
  • Others
• Wool Insulation
  • Glass Wool
  • Stone Wool
  • Others

By Applications

• Roof insulation
• Wall Insulation
• Floor Insulation

By Building Types

• Residential
• Commercial
• Industrial