Building Thermal Insulation market is likely to witness a CAGR of 9.8% during the forecast period. The prime factors that are driving the building thermal insulation market are the expanding global construction industry and the increasing demand from the automotive industry. Building thermal insulation is used to minimize the amount of energy required to heat or cool a building. Building thermal insulation can be categorized based on material type into glass wool, stone wool, plastic foam, and others. On the basis of application type, it can be categorized into roof insulation, wall insulation, and floor insulation. It is widely used in both residential and non-residential buildings.