Insulation Materials Market to Reach US$ 167.5 Billion by 2031: Rising Demand for Energy Efficiency and Sustainability Drives Growth

The global insulation materials market is projected to experience substantial growth, driven by rising energy efficiency and sustainability concerns. With increasing demand for environmentally friendly building materials, the market is anticipated to reach US$ 167.5 billion by 2031, expanding at a CAGR of 5.5% from 2023 to 2031. This growth is fueled by stricter building codes, government incentives, and advancements in material science. The report highlights the key drivers, regional trends, and leading players shaping the insulation materials market.

Saint-Gobain Extends Partnership with Greentown Labs to 2026

Saint-Gobain, a leading sustainable construction materials company, has extended its partnership with Greentown Labs, North America’s largest climatetech incubator, through 2026. The partnership aims to support the growth of sustainability-focused startups through collaboration and expertise sharing. This extension signifies Saint-Gobain’s commitment to advancing innovation in the building sector and driving decarbonization efforts.

Adept Materials Secures $4 Million Seed Funding Led by D.R. Horton and PulteGroup

Adept Materials, a startup focused on advanced building materials, has closed a $4 million seed funding round led by D.R. Horton and PulteGroup. This investment will support the commercial launch of Adept’s first product, an advanced interior wall paint and primer system, and the development of a directional water-resistive barrier product. The funding will also enable Adept to refine and launch its first product — an advanced paint and primer system that incorporates the company’s proprietary moisture control technology.

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