Building Thermal Insulation Market, By Material Type (Fiberglass Insulation, Foam Board Insulation, Spray Foam Insulation, Cellulose Insulation, and Mineral Wool Insulation), By Application (Residential Buildings, Commercial Buildings, and Industrial Buil

Building thermal insulation refers to materials used in construction for limiting heat transfer between the interior and exterior of buildings. It helps to reduce heating/cooling costs and provide greater comfort. Factors such as rising energy costs, stringent energy efficiency regulations, and construction of green buildings are driving the demand for thermal insulation globally. The growing commercial construction sector across developing nations also supports market growth. However, fluctuating raw material prices remain a key challenge for manufacturers.

Market Dynamics:

The global building thermal insulation market growth is driven by several factors such as increasing need for energy conservation due to rising energy costs, stringent government regulations regarding energy consumption, and focus on sustainable construction. Rapid urbanization and growth in residential & commercial construction activities globally have also fueled market expansion. However, volatility in prices of raw materials used for insulation production act as a major restraining factor. On the other hand, emerging opportunities include rising demand for thermal insulation from developing countries, innovation of bio-based and eco-friendly insulating materials, and growth of green building projects.

Key features of the study:

  • This report provides in-depth analysis of the global building thermal insulation market, and provides market size (US$ Bn) and compound annual growth rate (CAGR%) for the forecast period (2025–2032), considering 2024 as the base year
  • It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
  • This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players
  • It profiles key players in the global building thermal insulation market based on the following parameters – company highlights, products portfolio, key highlights, financial performance, and strategies
  • Key companies covered as a part of this study include Owens Corning, Rockwool International A/S, Johns Manville (Berkshire Hathaway), Knauf Insulation, Saint-Gobain, BASF SE, DuPont, 3M Company, Kingspan Group, GAF Materials Corporation, Celotex, CertainTeed, Armacell International S.A., Fletcher Building Limited, Insulation Corporation of America, Nitto Denko Corporation, Thermafiber, Inc., Sika AG, Isolatek International, and Huntsman Corporation
  • Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
  • The global building thermal insulation market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
  • Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global building thermal insulation market.
Detailed Segmentation-
  • By Material Type Insights (Revenue, USD Bn, 2020 - 2032)
  • Fiberglass Insulation
  • Foam Board Insulation
  • Spray Foam Insulation
  • Cellulose Insulation
  • Mineral Wool Insulation
  • By Application Insights (Revenue, USD Bn, 2020 - 2032)
  • Residential Buildings
  • Commercial Buildings
  • Industrial Buildings
  • Regional Insights (Revenue, USD Bn, 2020 - 2032)
  • North America
  • U.S.
  • Canada
  • Latin America
  • Brazil
  • Argentina
  • Mexico
  • Rest of Latin America
  • Europe
  • Germany
  • U.K.
  • Spain
  • France
  • Italy
  • Russia
  • Rest of Europe
  • Asia Pacific
  • China
  • India
  • Japan
  • Australia
  • South Korea
  • ASEAN
  • Rest of Asia Pacific
  • Middle East
  • GCC Countries
  • Israel
  • Rest of Middle East
  • Africa
  • South Africa
  • North Africa
  • Central Africa
  • Key Players Insights
  • Owens Corning
  • Rockwool International A/S
  • Johns Manville (Berkshire Hathaway)
  • Knauf Insulation
  • Saint-Gobain
  • BASF SE
  • DuPont
  • 3M Company
  • Kingspan Group
  • GAF Materials Corporation
  • Celotex
  • CertainTeed
  • Armacell International S.A.
  • Fletcher Building Limited
  • Insulation Corporation of America
  • Nitto Denko Corporation
  • Thermafiber, Inc.
  • Sika AG
  • Isolatek International
  • Huntsman Corporation


1. Research Objectives and Assumptions
Research Objectives
Assumptions
Abbreviations
2. Market Purview
Report Description
Market Definition and Scope
Executive Summary
Market Snippet, By Material Type
Market Snippet, By Application
Market Snippet, By Region
Coherent Opportunity Map (COM)
3. Market Dynamics, Regulations, and Trends Analysis
Market Dynamics
Drivers
Restraints
PEST Analysis
PORTER’s Five Forces Analysis
Market Opportunities
Regulatory Scenario
Key Developments
Industry Trend
4. Global Building Thermal Insulation Market - Impact of Coronavirus (COVID-19) Pandemic
Overview
Factors Affecting the Global Building Thermal Insulation Market – COVID-19
Impact Analysis
5. Global Building Thermal Insulation Market, By Material Type, 2020-2032 (US$ Bn)
Introduction
Market Share Analysis, 2025, 2028, and 2032 (%)
Y-o-Y Growth Analysis, 2021 - 2032
Segment Trends
Fiberglass Insulation
Market Share Analysis, 2025, 2028, and 2032 (%)
Y-o-Y Growth Analysis, 2020 - 2032
Segment Trends
Foam Board Insulation
Market Share Analysis, 2025, 2028, and 2032 (%)
Y-o-Y Growth Analysis, 2020 - 2032
Segment Trends
Spray Foam Insulation
Market Share Analysis, 2025, 2028, and 2032 (%)
Y-o-Y Growth Analysis, 2020 - 2032
Segment Trends
Cellulose Insulation
Market Share Analysis, 2025, 2028, and 2032 (%)
Y-o-Y Growth Analysis, 2020 - 2032
Segment Trends
Mineral Wool Insulation
Market Share Analysis, 2025, 2028, and 2032 (%)
Y-o-Y Growth Analysis, 2020 - 2032
Segment Trends
6. Global Building Thermal Insulation Market, By Application, 2020-2032 (US$ Bn)
Introduction
Market Share Analysis, 2025, 2028, and 2032 (%)
Y-o-Y Growth Analysis, 2021 - 2032
Segment Trends
Residential Buildings
Market Share Analysis, 2025, 2028, and 2032 (%)
Y-o-Y Growth Analysis, 2020 - 2032
Segment Trends
Commercial Buildings
Market Share Analysis, 2025, 2028, and 2032 (%)
Y-o-Y Growth Analysis, 2020 - 2032
Segment Trends
Industrial Buildings
Market Share Analysis, 2025, 2028, and 2032 (%)
Y-o-Y Growth Analysis, 2020 - 2032
Segment Trends
7. Global Building Thermal Insulation Market, By Region, 2020-2032 (US$ Bn)
Introduction
Market Share Analysis, By Region, 2025, 2028, and 2032 (%)
Y-o-Y Growth Analysis, For Region, 2021 - 2032
North America
Market Share Analysis, By Country, 2025, 2028 and 2032 (%)
Y-o-Y Growth Analysis, For Region, 2021 - 2032
Market Size and Forecast, By Material Type, 2020- 2032 (US$ Bn)
Market Size and Forecast, By Application, 2020- 2032 (US$ Bn)
Countries
U.S.
Canada
Latin America
Market Share Analysis, By Country, 2025, 2028 and 2032 (%)
Y-o-Y Growth Analysis, For Region, 2021 - 2032
Market Size and Forecast, By Material Type, 2020- 2032 (US$ Bn)
Market Size and Forecast, By Application, 2020- 2032 (US$ Bn)
Countries
Brazil
Argentina
Mexico
Rest of Latin America
Europe
Market Share Analysis, By Country, 2025, 2028 and 2032 (%)
Y-o-Y Growth Analysis, For Region, 2021 - 2032
Market Size and Forecast, By Material Type, 2020- 2032 (US$ Bn)
Market Size and Forecast, By Application, 2020- 2032 (US$ Bn)
Countries
U.K.
Germany
Italy
France
Spain
Russia
Rest of Europe
Asia Pacific
Market Share Analysis, By Country, 2025, 2028 and 2032 (%)
Y-o-Y Growth Analysis, For Region, 2021 - 2032
Market Size and Forecast, By Material Type, 2020- 2032 (US$ Bn)
Market Size and Forecast, By Application, 2020- 2032 (US$ Bn)
Countries
China
India
Japan
ASEAN
Australia
South Korea
Rest of Asia Pacific
Middle East
Market Share Analysis, By Country, 2025, 2028 and 2032 (%)
Y-o-Y Growth Analysis, For Region, 2021 - 2032
Market Size and Forecast, By Material Type, 2020- 2032 (US$ Bn)
Market Size and Forecast, By Application, 2020- 2032 (US$ Bn)
Sub-regions/Countries
GCC Countries
Israel
Rest of Middle East
Africa
Market Share Analysis, By Country, 2025, 2028 and 2032 (%)
Y-o-Y Growth Analysis, For Region, 2021 - 2032
Market Size and Forecast, By Material Type, 2020- 2032 (US$ Bn)
Market Size and Forecast, By Application, 2020- 2032 (US$ Bn)
Regions/Countries
South Africa
North Africa
Central Africa
8. Competitive Landscape
Heat Map Analysis
Market Share Analysis (3x3 Matrix)
Company Profiles
Owens Corning
Company Overview
Material Type Portfolio
Recent Developments/Updates
Rockwool International A/S
Company Overview
Material Type Portfolio
Recent Developments/Updates
Johns Manville (Berkshire Hathaway)
Company Overview
Material Type Portfolio
Recent Developments/Updates
Knauf Insulation
Company Overview
Material Type Portfolio
Recent Developments/Updates
Saint-Gobain
Company Overview
Material Type Portfolio
Recent Developments/Updates
BASF SE
Company Overview
Material Type Portfolio
Recent Developments/Updates
DuPont
Company Overview
Material Type Portfolio
Recent Developments/Updates
3M Company
Company Overview
Material Type Portfolio
Recent Developments/Updates
Kingspan Group
Company Overview
Material Type Portfolio
Recent Developments/Updates
GAF Materials Corporation
Company Overview
Material Type Portfolio
Recent Developments/Updates
Celotex
Company Overview
Material Type Portfolio
Recent Developments/Updates
CertainTeed
Company Overview
Material Type Portfolio
Recent Developments/Updates
Armacell International S.A.
Company Overview
Material Type Portfolio
Recent Developments/Updates
Fletcher Building Limited
Company Overview
Material Type Portfolio
Recent Developments/Updates
Insulation Corporation of America
Company Overview
Material Type Portfolio
Recent Developments/Updates
Nitto Denko Corporation
Company Overview
Material Type Portfolio
Recent Developments/Updates
Thermafiber, Inc.
Company Overview
Material Type Portfolio
Recent Developments/Updates
Sika AG
Company Overview
Material Type Portfolio
Recent Developments/Updates
Isolatek International
Company Overview
Material Type Portfolio
Recent Developments/Updates
Huntsman Corporation
Company Overview
Material Type Portfolio
Recent Developments/Updates
9. Analyst Recommendation
Wheel of Fortune
Analyst View
Coherent Opportunity Map
10. Section
References
Research Methodology
About Us and Sales Contact
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