Japan Building Thermal Insulation Market Size & Outlook
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Japan building thermal insulation market highlights
- The Japan building thermal insulation market generated a revenue of USD 701.6 million in 2024 and is expected to reach USD 991.6 million by 2030.
- The Japan market is expected to grow at a CAGR of 5.9% from 2025 to 2030.
- In terms of segment, eps was the largest revenue generating product in 2024.
- 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 2024 | USD 701.6 million |
| Market revenue in 2030 | USD 991.6 million |
| Growth rate | 5.9% (CAGR from 2025 to 2030) |
| Largest segment | Eps |
| Fastest growing segment | EPS |
| Historical data | 2018 - 2023 |
| Base year | 2024 |
| Forecast period | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Mineral Wool, EPS, Glass Wool, Cellulose, XPS, PIR, 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, Japan accounted for 2.6% of the global building thermal insulation market in 2024.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China building thermal insulation market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 1,319.4 million by 2030.
Eps was the largest segment with a revenue share of 34.61% in 2024. Horizon Databook has segmented the Japan building thermal insulation market based on mineral wool, eps, glass wool, cellulose, xps, pir, pur covering the revenue growth of each sub-segment from 2018 to 2030.
Sluggish economic growth in Japan due to a slump in private sector demand net trade is expected to have a negative impact on new construction activities in the country, which is likely to hamper the growth of building thermal insulation market.
Furthermore, the country experienced spillover effects of the slowdown in the economy of China, which had a negative impact on the commodity trade between China and Japan. Despite the weakness in domestic consumption and business investments, improvements in the rate of employment and rising per capita income are expected to result in a modest economic recovery in Japan over the forecast period.
Declining growth of the construction sector owing to the slowdown in residential construction activities in Japan is expected to negatively impact the demand for building thermal insulation over the forecast period. However, government investments in the expansion of electricity capacity and bullet train network are projected to boost infrastructure development activities in the country.
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Building Thermal Insulation Market Scope
Building Thermal Insulation Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| BASF | View profile | 10001+ | Florham Park, New Jersey, United States, North America | https://pharma.basf.com |
| Byucksan | View profile | - | Seoul, Seoul-t'ukpyolsi, South Korea, Asia | http://byucksan.com/ |
| Rockwool | View profile | 1001-5000 | Milton, Ontario, Canada, North America | https://www.rockwool.com/ |
| Cellofoam | View profile | 51-100 | Biberach, Bayern, Germany, Europe | https://www.cellofoam.de |
| Dow Building Solutions | View profile | 10001+ | Midland, Michigan, United States, North America | http://building.dow.com |
| CertainTeed Corporation | View profile | 5001-10000 | Signal Mountain, Tennessee, United States, North America | http://www.certainteed.com/ |
| Atlas Roofing | View profile | 1001-5000 | Atlanta, Georgia, United States, North America | https://www.atlasroofing.com |
| GAF | View profile | 5001-10000 | Wayne, New Jersey, United States, North America | http://www.gaf.com/ |
| Rockwool AS Class B | View profile | 12017 | Hovedgaden 584, Hedehusene, Denmark, 2640 | https://www.rockwool.com |
| Owens-Corning Inc | View profile | 18000 | One Owens Corning Parkway, Toledo, OH, United States, 43659 | https://www.owenscorning.com |
| Johns Manville | View profile | 5001-10000 | Denver, Colorado, United States, North America | http://www.jm.com/ |
| Guardian Capital Group Ltd | View profile | 359 | Commerce Court West, Suite 3100, P.O. Box 201, Toronto, ON, Canada, M5L 1E8 | https://www.guardiancapital.com |
| Kingspan Group PLC | View profile | 22384 | Dublin Road, Kingscourt, County Cavan, Ireland, A82 XY31 | https://www.kingspan.com |
| Compagnie de Saint-Gobain SA | View profile | 168508 | 12, Place de l'Iris, Tour Saint-Gobain, Courbevoie, France, 92400 | http://www.saint-gobain.com |
| Huntsman Corp | View profile | 6000 | 10003 Woodloch Forest Drive, The Woodlands, TX, United States, 77380 | https://www.huntsman.com |
Japan building thermal insulation market size, by product, 2018-2030 (US$M)
Japan Building Thermal Insulation Market Outlook Share, 2024 & 2030 (US$M)
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