Building Thermal Insulation Market size was valued at USD 11.2 Billion in 2024 and is projected to reach USD 16.8 Billion by 2033, exhibiting a CAGR of 5.7% from 2026 to 2033.
In 2022, the global building thermal insulation market was valued at approximately USD 29,034 million, with projections indicating growth to around USD 44,233.7 million by 2032, reflecting a compound annual growth rate (CAGR) of 4.3%. North America led the market, accounting for 27.3% of the global revenue in 2022, driven by an expanding construction industry and heightened awareness of energy efficiency. Europe followed, holding an 18.1% share, supported by stringent energy conservation regulations and initiatives promoting sustainable building practices. The Asia Pacific region also demonstrated significant growth, propelled by rapid urbanization and increased construction activities in countries like China and India. Opportunities within the building thermal insulation market are substantial, particularly in developing regions experiencing a surge in construction projects. The rising demand for energy efficient buildings, influenced by escalating energy costs and environmental concerns, is encouraging the adoption of advanced insulation materials. Innovations such as aerogels and vacuum insulation panels (VIPs) offer superior thermal resistance, presenting lucrative prospects for market expansion. Additionally, government policies and building codes mandating energy efficiency are further propelling market growth, creating avenues for stakeholders to invest in sustainable and high performance insulation solutions.
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GAF Materials Corporation
Huntsman
Atlas Roofing Corporation
Dow Building Solutions
Owens Corning Corp.
Saint-Gobain S.A
BASF Polyurethanes GmbH
Guardian Building Products
Inc.
Johns Manville Corporation
Cellofoam North America
Inc.
CertainTeed Corporation
Roxul
Inc.
Byucksan Corporation
Kingspan Group PLC
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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 Market
Fiberglass Insulation
Mineral Wool Insulation
Polyurethane Insulation
Polystyrene Insulation
Cellulose Insulation
Other Insulation Materials
Residential Buildings
Commercial Buildings
Industrial Buildings
HVAC Systems
Cold Storage
Construction
Oil & Gas
Automotive
Aerospace
Marine
New Construction
Renovation & Retrofit
Less than 50 mm
50 mm to 100 mm
More than 100 mm
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 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 Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Building Thermal Insulation Market, By Type
6. Global Building Thermal Insulation Market, By Application
7. Global Building Thermal Insulation Market, By Geography
US
Europe
Asia Pacific
Rest of the World
8. Global Building Thermal Insulation Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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