Global Insulation Market Size & Outlook, 2024-2033
Global insulation market, 2021-2033 (US$M)
Related Markets
Global insulation market highlights
- The global insulation market generated a revenue of USD 69,428.0 million in 2024 and is expected to reach USD 127,697.9 million by 2033.
- The market is expected to grow at a CAGR (2025 - 2033) of 7% by 2033.
- In terms of segment, eps accounted for a revenue of USD 20,803.1 million in 2024.
- EPS is the most lucrative product segment registering the fastest growth during the forecast period.
- In terms of region, Asia Pacific was the largest revenue generating market in 2024.
- Country-wise, India is expected to register the highest CAGR from 2025 to 2033.
Global data book summary
| Market revenue in 2024 | USD 69,428.0 million |
| Market revenue in 2033 | USD 127,697.9 million |
| Growth rate | 7% (CAGR from 2025 to 2033) |
| Largest segment | Eps |
| Fastest growing segment | EPS |
| Historical data covered | 2021 - 2023 |
| Base year for estimation | 2024 |
| Forecast period covered | 2025 - 2033 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Glass wool, Mineral wool, EPS, XPS, CMS Fibers, Calcium Silicate, Aerogel, Cellulose, PIR (Polyiso), Phenolic Foam, Polyurethane |
Other key industry trends
- In terms of revenue, the North America accounted for 22.1% of the global insulation market in 2024.
- By country, the China is projected to lead the global market in terms of revenue in 2033.
- By country, India is the fastest growing regional market and is projected to reach USD 4,642.6 million by 2033.
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Insulation Market Scope
Insulation Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Saint-Gobain | View profile | 10001+ | La Défense, Ile-de-France, France, Europe | http://www.saint-gobain.com |
| Huntsman International LLC | View profile | - | - | - |
| DowDuPont | View profile | 10001+ | Midland, Michigan, United States, North America | http://www.dow-dupont.com |
| Knauf Insulation | View profile | 5001-10000 | Simbach, Bayern, Germany, Europe | https://www.knaufinsulation.de |
| Owens Corning | View profile | 10001+ | Toledo, Ohio, United States, North America | http://www.owenscorning.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 |
| 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/ |
| Johns Manville | View profile | 5001-10000 | Denver, Colorado, United States, North America | http://www.jm.com/ |
| Kingspan Group PLC | View profile | 22384 | Dublin Road, Kingscourt, County Cavan, Ireland, A82 XY31 | https://www.kingspan.com |
| Basf SE | View profile | 111855 | Carl-Bosch-Strasse 38, Ludwigshafen am Rhein, Germany, 67056 | https://www.basf.com |
Global 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 insulation market will help companies and investors design strategic landscapes.
Eps was the largest segment with a revenue share of 29.96% in 2024. Horizon Databook has segmented the Global insulation market based on glass wool, mineral wool, eps, xps, cms fibers, calcium silicate, aerogel, cellulose, pir (polyiso), phenolic foam, polyurethane covering the revenue growth of each sub-segment from 2021 to 2033.
- Global Insulation Product Outlook (Revenue, USD Million, 2021-2033)
- Glass wool
- Mineral wool
- EPS
- XPS
- CMS Fibers
- Calcium Silicate
- Aerogel
- Cellulose
- PIR (Polyiso)
- Phenolic Foam
- Polyurethane
- Global Insulation Application Outlook (Revenue, USD Million, 2021-2033)
- Infrastructure
- Residential Constructions
- Non-residential & Commercial Constructions
- Industrial
- HVAC & OEM
- Transportation
- Automotive
- Marine
- Aerospace
- Appliances
- Furniture/bedding
- Packaging
- Infrastructure
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Target buyers of Global insulation market databook
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Our clientele includes a mix of insulation market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of global-level data and insights on the Global insulation market , including forecasts for subscribers. This global databook contains high-level insights into Global insulation market from 2021 to 2033, including revenue numbers, major trends, and company profiles.
Partial client list
Global insulation market size, by regions, 2021-2033 (US$M)
Top 10 countries: Insulation market size, 2024 (US$M)
Global insulation market share, by product, 2024 & 2033 (%, US$M)
Insulation market: Opportunity assessment by country
Global insulation market, by region, 2024 (US$M)
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