Polyisocyanurate Insulation Market size is estimated to be USD 4.5 Billion in 2024 and is expected to reach USD 7.2 Billion by 2033 at a CAGR of 6.6% from 2026 to 2033.
In The Asia Pacific Region, The Polyisocyanurate Insulation Market Is Experiencing Significant Growth, Driven By Rapid Urbanization, Industrial Expansion, And Increasing Awareness Of Energy Efficiency. Countries Like China And India Are At The Forefront Of This Surge, With China'S Market Projected To Grow At A 7.7% Cagr And India'S At 7.4% Through 2033. This Growth Is Fueled By The Demand For High-Performance Insulation Materials In Construction And Industrial Applications.
Polyisocyanurate (Pir) Insulation Is Favored For Its High Thermal Resistance And Fire Retardant Properties, Making It Ideal For Use In Walls, Roofs, And Floors Of Both Residential And Commercial Buildings. Its Ability To Reduce Heat Transfer And Improve Energy Efficiency Aligns With The Region'S Push Towards Sustainable Construction Practices.
The Market Is Segmented Into Various Types, With Rigid Foam Accounting For 80% Of The Market Share In 2023. Thermal Applications Dominate, Holding 73.1% Of The Market Share. The Versatility Of Pir Boards Makes Them Suitable For New Constructions And Retrofitting Projects, Especially In The Growing Trend Of Prefabricated Construction Methods.
Industrial Sectors Such As Power Generation, Chemical And Petrochemical, Cement, And Food And Beverage Are Significant Contributors To The Demand For Pir Insulation. These Industries Require Insulation Solutions That Offer Thermal Efficiency, Fire Resistance, And Durability. The Asia Pacific Industrial Insulation Market, Which Includes Pir Products, Is Expected To Reach Us$ 5,557.44 Million By 2028, Growing At A Cagr Of 5.0%.
Government Initiatives Promoting Energy Efficiency And Sustainable Building Practices Are Further Propelling The Market. Stricter Building Codes And Regulations Are Encouraging The Adoption Of Pir Insulation Products. Additionally, Technological Advancements In Manufacturing Processes Are Leading To Improved Product Performance And Cost-Effectiveness.
Despite Challenges Such As Fluctuations In Raw Material Prices And Competition From Alternative Insulation Materials, The Asia Pacific Polyisocyanurate Insulation Market Is Poised For Continued Growth. The Increasing Focus On Constructing Energy-Efficient Buildings, Particularly In Regions With Extreme Weather Conditions, Will Sustain The Demand For Pir Insulation In The Coming Years.
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BASF
DowDuPont
Owens Corning
Saint-Gobain
Kingspan Group
Honeywell International
Johns Manville
Sika AG
Stepan Company
IKO Industries
GAF Materials
Knauf Insulation
Atlas Roofing Corporation
Soprema Group
Hunter Panels
By 2030, Asia Pacific is expected to witness significant momentum in the market research industry, aligning with the global projection of surpassing $120 billion, driven by a compound annual growth rate (CAGR) of over 5.8% from 2023 to 2030. The industry in Asia Pacific is being reshaped by technological disruptions, particularly through the adoption of machine learning, artificial intelligence, and advanced data analytics. These technologies provide businesses with predictive analysis and real-time consumer insights, enabling smarter and more precise decision-making. As part of the broader Asia-Pacific region, Asia Pacific is positioned to contribute substantially to the over 35% revenue growth expected from this region. Additionally, the adoption of innovative techniques such as mobile surveys, social listening, and online panels is rapidly gaining ground in Asia Pacific, emphasizing speed, precision, and customization, and driving a new era of data-driven strategies across industries.
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Growing demand for below applications around the world has had a direct impact on the growth of the Asia Pacific Polyisocyanurate Insulation Market
Residential
Commercial
Industrial
Polyisocyanurate Board Insulation
Spray Foam Insulation
Rigid Foam Insulation
Building and Construction
Automotive
Packaging
Less than 1 inch
1-2 inches
More than 2 inches
Low Density
Medium Density
High Density
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
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1. Introduction of the Asia Pacific Polyisocyanurate 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. Asia Pacific Polyisocyanurate Insulation Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Asia Pacific Polyisocyanurate Insulation Market, By Type
6. Asia Pacific Polyisocyanurate Insulation Market, By Application
7. Asia Pacific Polyisocyanurate Insulation Market, By Geography
Asia-Pacific
China
Japan
Korea
India
Australia
Indonesia
Thailand
Philippines
Asia Pacific
Vietnam
8. Asia Pacific Polyisocyanurate Insulation Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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