Rapid Growth in Foam Insulation Market Driven by Residential Construction Boom
Wednesday, 3 April 2024, 12:30
Rapid Growth in Foam Insulation Market
The United States foam insulation market is bracing for a substantial expansion at a CAGR of 6.8% by 2034, driven by a boom in residential construction.
Key Drivers
- Population growth
- Urbanization
- Economic expansion
Foam insulation serves as an essential component in new residential constructions, offering efficient thermal insulation, soundproofing capabilities, and moisture management solutions.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.