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South Korea Building Thermal Insulation Market Size & Outlook

The building thermal insulation market in South Korea is expected to reach a projected revenue of US$ 468.1 million by 2033. A compound annual growth rate of 7.4% is expected of South Korea building thermal insulation market from 2026 to 2033.

  • Materials
    • Construction Materials
      • Building Thermal Insulation Market Outlook
Revenue, 2025 (US$M)
$268.5
Estimate, 2026 (US$M)
$284.3
Forecast, 2033 (US$M)
$468.1
CAGR, 2026 - 2033
7.4%
South Korea Building Thermal Insulation Market, 2021-2033 (US$M)

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South Korea building thermal insulation market highlights

  • The South Korea building thermal insulation market generated a revenue of USD 268.5 million in 2025 and is expected to reach USD 468.1 million by 2033.
  • The South Korea market is expected to grow at a CAGR of 7.4% from 2026 to 2033.
  • In terms of segment, eps 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 2025USD 268.5 million
Market revenue in 2033USD 468.1 million
Growth rate7.4% (CAGR from 2026 to 2033)
Largest segmentEps
Fastest growing segmentEPS
Historical data2021 - 2024
Base year2025
Forecast period2026 - 2033
Quantitative unitsRevenue in USD million
Market segmentationMineral Wool, XPS, Glass Wool, EPS, PIR, Cellulose, PUR
Key market players worldwideRockwool 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, South Korea accounted for 0.9% 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 Asia Pacific, China building thermal insulation market is projected to lead the regional market in terms of revenue in 2033.
  • India is the fastest growing regional market in Asia Pacific and is projected to reach USD 1,689.6 million by 2033.

Construction industry in South Korea is expected to witness growth in line with the economic growth of the country. Even though the country experienced a temporary setback in the economy in 2017, due to the impeachment of the former President Park Geun-hye, it made a quick recovery and is expected to witness robust growth over the forecast period.

Construction industry in South Korea is witnessing a significant growth owing to increasing investments in residential construction. Furthermore, the country’s rising focus on infrastructural development is likely to boost the growth of construction industry, thereby positively impacting the demand for building thermal insulation over the forecast period.

Building & construction industry in South Korea is dominated by residential and dwelling construction. The industry witnessed a major surge, especially in infrastructure development, owing to the Winter Olympics held in 2018.

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Publish Date: May 25, 2026

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Building Thermal Insulation Market Companies

NameProfile# EmployeesHQWebsite
Huntsman CorpView profile 6,00010003 Woodloch Forest Drive, The Woodlands, TX, United States, 77380www.huntsman.com
Compagnie de Saint-Gobain SAView profile 168,50812, Place de l'Iris, Tour Saint-Gobain, Courbevoie, France, 92400www.saint-gobain.com
Kingspan Group PLCView profile 22,384Dublin Road, Kingscourt, County Cavan, Ireland, A82 XY31www.kingspan.com
Guardian Capital Group LtdView profile 359Commerce Court West, Suite 3100, P.O. Box 201, Toronto, ON, Canada, M5L 1E8www.guardiancapital.com
Johns ManvilleView profile 5001-10000Denver, Colorado, United States, North Americawww.jm.com/
Owens-Corning IncView profile 18,000One Owens Corning Parkway, Toledo, OH, United States, 43659www.owenscorning.com
Rockwool AS Class BView profile 12,017Hovedgaden 584, Hedehusene, Denmark, 2640www.rockwool.com
GAFView profile 5001-10000Wayne, New Jersey, United States, North Americawww.gaf.com/
Atlas RoofingView profile 1001-5000Atlanta, Georgia, United States, North Americawww.atlasroofing.com
CertainTeed CorporationView profile 5001-10000Signal Mountain, Tennessee, United States, North Americawww.certainteed.com/

South Korea 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.


Eps was the largest segment with a revenue share of 35.16% in 2025.

Horizon Databook has segmented the South Korea 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.




Construction industry in South Korea is expected to witness growth in line with the economic growth of the country. Even though the country experienced a temporary setback in the economy in 2017, due to the impeachment of the former President Park Geun-hye, it made a quick recovery and is expected to witness robust growth over the forecast period.

Construction industry in South Korea is witnessing a significant growth owing to increasing investments in residential construction. Furthermore, the country’s rising focus on infrastructural development is likely to boost the growth of construction industry, thereby positively impacting the demand for building thermal insulation over the forecast period.

Building & construction industry in South Korea is dominated by residential and dwelling construction. The industry witnessed a major surge, especially in infrastructure development, owing to the Winter Olympics held in 2018.

  • South Korea Building Thermal Insulation Market Product Outlook (Revenue, USD Million , 2021-2033)
    • Glass Wool
    • Mineral Wool
    • EPS
    • XPS
    • Cellulose
    • PIR
    • PUR
    • Others
  • South Korea Building Thermal Insulation Market Application Outlook (Revenue, USD Million , 2021-2033)
    • Roof
    • Walls
    • Floor
  • South Korea 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 South Korea Building Thermal Insulation Market Outlook, including forecasts for subscribers. This country databook contains high-level insights into South Korea Building Thermal Insulation Market Outlook from 2021 to 2033, including revenue numbers, major trends, and company profiles.

South Korea Building Thermal Insulation Market, 2021-2033 (US$M)

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South Korea Product - Building Thermal Insulation Market Statistics, 2025 - 2033 (Kilo Tons)

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South Korea Product - Building Thermal Insulation Market Statistics, 2025 - 2033 (Kilo Tons)

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