Global Industrial Insulation Market Growth (Status and Outlook) 2025-2031

Global Industrial Insulation Market Growth (Status and Outlook) 2025-2031

The global Industrial Insulation market size is predicted to grow from US$ 37810 million in 2025 to US$ 61700 million in 2031; it is expected to grow at a CAGR of 8.5% from 2025 to 2031.

Insulating material - a material that reduces or prevents the transmission of heat or sound or electricity.Thermal insulation is the reduction of heat transfer (i.e., the transfer of thermal energy between objects of differing temperature) between objects in thermal contact or in range of radiative influence.

Owens Corning (Paroc) was the global biggest manufacturer in Industrial Insulation industry, with the revenue market Share of 7%, followed by Rockwool, Knauf, NICHIAS, Kingspan, Armacell, Morgan Thermal Ceramics, Unifrax, L’Isolante K-Flex, Dongsung Finetec, Cabot, Ibiden, Aspen Aerogels, NMC Group, Kaimann, DUNA-Corradini, Rath, Anco Products.China is the largest Industrial Insulation market with about 31% market share. North America is follower, accounting for about 20% market share.

LPI (LP Information)' newest research report, the “Industrial Insulation Industry Forecast” looks at past sales and reviews total world Industrial Insulation sales in 2024, providing a comprehensive analysis by region and market sector of projected Industrial Insulation sales for 2025 through 2031. With Industrial Insulation sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Industrial Insulation industry.

This Insight Report provides a comprehensive analysis of the global Industrial Insulation landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyses the strategies of leading global companies with a focus on Industrial Insulation portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Industrial Insulation market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Industrial Insulation and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Industrial Insulation.

This report presents a comprehensive overview, market shares, and growth opportunities of Industrial Insulation market by product type, application, key players and key regions and countries.

Segmentation by Type:
Wool Insulation
Plastic Foam
Aerogel
Others

Segmentation by Application:
Industrial Building Insulation
Oil & Gas Consumables
Transportation
Others

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Owens Corning (Paroc)
Rockwool
Knauf
NICHIAS
Kingspan
Armacell
Morgan Thermal Ceramics
Unifrax
L’Isolante K-Flex
Dongsung Finetec
Cabot
Ibiden
Aspen Aerogels
NMC Group
Kaimann
DUNA-Corradini
Rath
Anco Products