The insulation market was valued at USD 25.2 billion in 2022 and is expected to grow from USD 26.63 billion in 2023 to USD 43.45 billion by 2032, with a compound annual growth rate (CAGR) of 6.32% during the forecast period (2023 - 2032). Key drivers of market growth include increasing consumer awareness of energy conservation and a growing demand for sustainable residential buildings.
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