What is the global market size of Building Thermal Insulation Market?

Building Thermal Insulation Market size was valued at USD 30.05 billion in 2021 and is poised to grow from USD 31.40 billion in 2022 to USD 44.65 billion by 2030, at a CAGR of 4.5% during the forecast period (2023-2030).

Building Thermal Insulation Companies

Building Thermal Insulation Market Competitive Landscape

Building Thermal Insulation Market Top Player’s Company Profiles

Rockwool International A/S
GAF Materials Corporation
Guardian Building Products, Inc.
Huntsman International LLC
Johns Manville Corporation
Cellofoam North America, Inc.
Atlas Roofing Corporation
CertainTeed Corporation
Dow Building Solutions
Owens Corning Corporation
Saint-Gobain S.A.
Byucksan Corporation
Kingspan Group PLC
BASF Polyurethanes GmbH
Knauf Gips KG

Building Thermal Insulation Market

FAQs

Global Building Thermal Insulation Market size was valued at USD 31.40 billion in 2022 and is poised to grow from USD 32.81 billion in 2023 to USD 46.66 billion by 2031, at a CAGR of 4.5% during the forecast period (2023-2031).

The competitive landscape of the market demonstrates consolidation, with the top 10 companies capturing more than 70% of the global market revenue. These key players have made substantial investments in research and development to innovate and improve thermal insulation products. Their growth strategies encompass a wide product range, enhanced operational efficiency, and the development of safe and advanced technologies for insulation applications. In order to bolster their offerings and associated services, small and medium-sized enterprises (SMEs) have adopted a strategy of mergers and partnerships with larger companies. This trend is anticipated to have a positive impact on global market dynamics throughout the forecast period, as smaller businesses stand to benefit significantly from such collaborations. 'Rockwool International A/S ', 'GAF Materials Corporation ', 'Guardian Building Products, Inc. ', 'Huntsman International LLC ', 'Johns Manville Corporation ', 'Cellofoam North America, Inc. ', 'Atlas Roofing Corporation ', 'CertainTeed Corporation ', 'Dow Building Solutions ', 'Owens Corning Corporation ', 'Saint-Gobain S.A. ', 'Byucksan Corporation ', 'Kingspan Group PLC ', 'BASF Polyurethanes GmbH ', 'Knauf Gips KG '

Asia Pacific commands around 50% of the global construction market. The region's economic progress, rapid urbanization, and expanded infrastructure development are projected to create a demand for sustainable and energy-efficient housing, thereby driving the building thermal insulation industry.

One key market trend in the building thermal insulation industry is the increasing demand for eco-friendly and sustainable insulation materials. As environmental concerns and energy conservation become more prominent, there is a growing preference for insulation products that have minimal impact on the environment. This trend is driving the development and adoption of insulation materials made from recycled or renewable resources, such as recycled plastic, natural fibers, and bio-based foams. Additionally, there is a focus on reducing the carbon footprint associated with insulation manufacturing processes.

Europe, as the dominant region in the building thermal insulation market, showcases a strong emphasis on energy efficiency and sustainable construction practices. The region's stringent regulations and building codes prioritize energy conservation and greenhouse gas reduction. This has led to extensive adoption of thermal insulation solutions across residential, commercial, and industrial sectors. One relevant example in Europe is Germany, known for its ambitious energy transition goals and emphasis on sustainable building practices. The country has implemented stringent energy performance standards, such as the Passivhaus standard, which requires highly efficient thermal insulation in buildings. This has propelled the demand for advanced insulation materials and systems, fostering the growth of the market in the region.

Feedback From Our Clients

"We have purchased recently a report from SkyQuest Technology, and we are happy to inform you that this report was so useful and practical for our team. Skyquest Team was very active and our queries were followed up completely.It was amazing. "

- Mr. Ali Zali, Commercial Director, ICIIC Iran.

Building Thermal Insulation Market Size, Share, Growth Analysis, By Type (Residential, Non-Residential), By Material (Plastic Foam, Phenolic), By Application (Roof Insulation, Wall Insulation), By Region - Industry Forecast 2025-2032

Building Thermal Insulation Market Competitive Landscape

Building Thermal Insulation Market Report Snapshots

Want to customize this report?

FAQs

Request Free Customization

Feedback From Our Clients

$5,300

Building Thermal Insulation Market Size, Share, Growth Analysis, By Type (Residential, Non-Residential), By Material (Plastic Foam, Phenolic), By Application (Roof Insulation, Wall Insulation), By Region - Industry Forecast 2025-2032

Building Thermal Insulation Market Competitive Landscape

Building Thermal Insulation Market Report Snapshots

Want to customize this report?

FAQs

What is the global market size of Building Thermal Insulation Market?

Who are the key vendors in the Building Thermal Insulation Market?

What is the key driver of Building Thermal Insulation Market?

What is the key market trend for Building Thermal Insulation Market?

Which region accounted for the largest share in Building Thermal Insulation Market?

Request Free Customization

Related Reports

Feedback From Our Clients

$5,300