Building Thermal Insulation Material Market size was valued at USD 45.2 Billion in 2024 and is forecasted to grow at a CAGR of 6% from 2026 to 2033, reaching USD 74.5 Billion by 2033.
The global building thermal insulation material market was valued at USD 34.85 billion in 2022, with an expected compound annual growth rate (CAGR) of 5.2% from 2023 to 2030. The market is driven by the growing demand for energy efficient solutions in residential, commercial, and industrial construction. With rapid urbanization, increasing awareness about energy conservation, and government initiatives promoting sustainable buildings, the market is set to expand. North America and Europe currently hold significant shares in the market due to stringent energy regulations and the adoption of eco friendly building practices. In North America, the market size was USD 10.5 billion in 2022, and it is expected to grow at a CAGR of 4.8%. Similarly, Europe’s market was valued at USD 9.2 billion in 2022, projected to grow at a CAGR of 4.5% during the forecast period.
In the Asia Pacific region, the building thermal insulation material market is expected to grow at the highest CAGR of 6.4% from 2023 to 2030, owing to rapid infrastructure development and increasing residential construction in countries like China, India, and Japan. The market size in Asia Pacific was USD 8.7 billion in 2022. Additionally, the Middle East and Africa market was valued at USD 2.8 billion in 2022, and it is expected to experience a CAGR of 5.9%. The growing adoption of building insulation materials in emerging economies provides significant opportunities for market expansion in these regions, driven by rising construction activities and environmental concerns.
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Saint-Gobain
Kingspan Group
Rockwool International
Johns Manville
Owens Corning
Knauf Insulation
DowDuPont
Paroc Group
GAF
Huntsman International
Byucksan Corporation
Atlas Roofing
Jia Fu Da
Lfhuaneng
Beipeng Technology
Taishi Rock
Cellofoam
BNBM Group
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global Building Thermal Insulation Material Market
Fiberglass Insulation
Mineral Wool Insulation
Polystyrene Insulation
Polyurethane Insulation
Cellulose Insulation
Other Insulation Materials
Residential Buildings
Commercial Buildings
Industrial Buildings
HVAC Systems
Others
Construction Industry
Automotive Industry
Aerospace Industry
Electronics Industry
Others
Roll or Batt Insulation
Spray Foam Insulation
Loose Fill Insulation
Rigid Board Insulation
Blown-In Insulation
Thermal Insulation
Sound Insulation
Fire Protection
Moisture Control
US (United States, US and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global Building Thermal Insulation Material Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Building Thermal Insulation Material Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Building Thermal Insulation Material Market, By Type
6. Global Building Thermal Insulation Material Market, By Application
7. Global Building Thermal Insulation Material Market, By Geography
US
Europe
Asia Pacific
Rest of the World
8. Global Building Thermal Insulation Material Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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