Canada Building Thermal Insulation Market Size & Outlook
- Materials
- Construction Materials
- Building Thermal Insulation Market Outlook
- Construction Materials
Global Market
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Canada building thermal insulation market highlights
- The Canada building thermal insulation market generated a revenue of USD 1,453.5 million in 2025 and is expected to reach USD 2,200.2 million by 2033.
- The Canada market is expected to grow at a CAGR of 5.4% from 2026 to 2033.
- In terms of segment, glass wool was the largest revenue generating product in 2025.
- EPS is the most lucrative product segment registering the fastest growth during the forecast period.
Building thermal insulation market data book summary
| Market revenue in 2025 | USD 1,453.5 million |
| Market revenue in 2033 | USD 2,200.2 million |
| Growth rate | 5.4% (CAGR from 2026 to 2033) |
| Largest segment | Glass wool |
| Fastest growing segment | EPS |
| Historical data | 2021 - 2024 |
| Base year | 2025 |
| Forecast period | 2026 - 2033 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Mineral Wool, XPS, Glass Wool, EPS, PIR, Cellulose, PUR |
| Key market players worldwide | Rockwool AS Class B, GAF, Guardian Capital Group Ltd, Huntsman Corp, Johns Manville, Atlas Roofing, CertainTeed Corporation, Dow Building Solutions, Owens-Corning Inc, Compagnie de Saint-Gobain SA, Kingspan Group PLC, Cellofoam, Rockwool, Byucksan, BASF |
Other key industry trends
- In terms of revenue, Canada accounted for 5.1% of the global building thermal insulation market in 2025.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2033.
- In North America, U.S. building thermal insulation market is projected to lead the regional market in terms of revenue in 2033.
- Canada is the fastest growing regional market in North America and is projected to reach USD 2,200.2 million by 2033.
Canada building thermal insulation market is expected to witness substantial growth owing to the rising construction industry in the country, primarily due to increasing population, urbanization, and increase in rate of migration.
The growth in population in Canada is expected to significantly boost residential construction sector over the forecast period. Unlike the U.S., Canada is expected to witness strong growth in demand for multi-family housing as compared to single-family housing.
The government’s efforts and investments to provide affordable housing to the lower classes through Canada Mortgage and Housing Corporation (CMHC) and Affordable Housing Initiative (AHI) program are anticipated to further boost the residential construction in the country.
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Publish Date: May 25, 2026
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Building Thermal Insulation Market Scope
Building Thermal Insulation Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Huntsman Corp | View profile | 6,000 | 10003 Woodloch Forest Drive, The Woodlands, TX, United States, 77380 | www.huntsman.com |
| Compagnie de Saint-Gobain SA | View profile | 168,508 | 12, Place de l'Iris, Tour Saint-Gobain, Courbevoie, France, 92400 | www.saint-gobain.com |
| Kingspan Group PLC | View profile | 22,384 | Dublin Road, Kingscourt, County Cavan, Ireland, A82 XY31 | www.kingspan.com |
| Guardian Capital Group Ltd | View profile | 359 | Commerce Court West, Suite 3100, P.O. Box 201, Toronto, ON, Canada, M5L 1E8 | www.guardiancapital.com |
| Johns Manville | View profile | 5001-10000 | Denver, Colorado, United States, North America | www.jm.com/ |
| Owens-Corning Inc | View profile | 18,000 | One Owens Corning Parkway, Toledo, OH, United States, 43659 | www.owenscorning.com |
| Rockwool AS Class B | View profile | 12,017 | Hovedgaden 584, Hedehusene, Denmark, 2640 | www.rockwool.com |
| GAF | View profile | 5001-10000 | Wayne, New Jersey, United States, North America | www.gaf.com/ |
| Atlas Roofing | View profile | 1001-5000 | Atlanta, Georgia, United States, North America | www.atlasroofing.com |
| CertainTeed Corporation | View profile | 5001-10000 | Signal Mountain, Tennessee, United States, North America | www.certainteed.com/ |
Canada Building Thermal Insulation Market Outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to Building Thermal Insulation Market Outlook will help companies and investors design strategic landscapes.
Glass Wool was the largest segment with a revenue share of 53.23% in 2025.
Horizon Databook has segmented the Canada building thermal insulation market based on mineral wool, xps, glass wool, eps, pir, cellulose, pur covering the revenue growth of each sub-segment from 2021 to 2033.
Canada building thermal insulation market is expected to witness substantial growth owing to the rising construction industry in the country, primarily due to increasing population, urbanization, and increase in rate of migration.
The growth in population in Canada is expected to significantly boost residential construction sector over the forecast period. Unlike the U.S., Canada is expected to witness strong growth in demand for multi-family housing as compared to single-family housing.
The government’s efforts and investments to provide affordable housing to the lower classes through Canada Mortgage and Housing Corporation (CMHC) and Affordable Housing Initiative (AHI) program are anticipated to further boost the residential construction in the country.
- Canada Building Thermal Insulation Market Product Outlook (Revenue, USD Million , 2021-2033)
- Glass Wool
- Mineral Wool
- EPS
- XPS
- Cellulose
- PIR
- PUR
- Others
- Canada Building Thermal Insulation Market Application Outlook (Revenue, USD Million , 2021-2033)
- Roof
- Walls
- Floor
- Canada Building Thermal Insulation Market End-use Outlook (Revenue, USD Million , 2021-2033)
- Residential
- Commercial
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Horizon Databook provides a detailed overview of country-level data and insights on the Canada Building Thermal Insulation Market Outlook, including forecasts for subscribers. This country databook contains high-level insights into Canada Building Thermal Insulation Market Outlook from 2021 to 2033, including revenue numbers, major trends, and company profiles.
Canada Building Thermal Insulation Market, 2021-2033 (US$M)
Canada Product - Building Thermal Insulation Market Statistics, 2025 - 2033 (US$M)
