North America Insulation Market Size & Outlook, 2024-2033
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North America insulation market highlights
- The North America insulation market generated a revenue of USD 15,319.1 million in 2024.
- The market is expected to grow at a CAGR of 6.5% from 2025 to 2033.
- In terms of segment, glass wool was the largest revenue generating product in 2024.
- EPS is the most lucrative product segment registering the fastest growth during the forecast period.
- Country-wise, U.S. is expected to register the highest CAGR from 2025 to 2033.
North America data book summary
| Market revenue in 2024 | USD 15,319.1 million |
| Market revenue in 2033 | USD 26,937.6 million |
| Growth rate | 6.5% (CAGR from 2025 to 2033) |
| Largest segment | Glass wool |
| 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, North America region accounted for 22.1% of the global insulation market in 2024.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2033.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 59,119.7 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 |
North America 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.
Glass wool was the largest segment with a revenue share of 27.45% in 2024. Horizon Databook has segmented the North America 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.
In North America, strict energy efficiency codes and increased awareness of building performance are fueling the insulation market. Residential retrofitting under weatherization programs and demand from commercial structures like malls and data centers is high. The adoption of spray foam insulation and eco-friendly materials is increasing.
Canada is witnessing a rise in green building certifications, further boosting insulation usage. The region also sees demand from cold storage facilities and pharmaceutical manufacturing, especially post-pandemic.
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Target buyers of North America 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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Horizon Databook provides a detailed overview of continent-level data and insights on the North America insulation market , including forecasts for subscribers. This continent databook contains high-level insights into North America insulation market from 2021 to 2033, including revenue numbers, major trends, and company profiles.
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North America insulation market size, by country, 2021-2033 (US$M)
North America Insulation Market Outlook Share, 2024 & 2033 (US$M)
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