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The North America building thermal insulation market size is expected to reach USD 13.83 billion by 2027, expanding at a CAGR of 2.7% in terms of revenue during the forecast period.
Rising consumer awareness, demand for thermal insulation materials, and favorable regulations owing to the focus on lowering the overall energy consumption are the factors expected to drive market growth.
The market players focus on increasing its market share through organic growth. The companies indulge in the expansion of their product portfolio by developing cost-effective insulation products with enhanced properties and expanding their manufacturing capabilities to cater to the ascending product demand worldwide.
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