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Building Thermal Insulation Market Size

  • Report ID: GMI1755
  • Published Date: Nov 2022
  • Report Format: PDF

Building Thermal Insulation Market Size

Building Thermal Insulation Market size surpassed USD 25 billion in 2022 and is projected to grow at over 6% CAGR during 2023 to 2032. Increasing focus on reducing energy consumption and greenhouse gas (GHG) emissions will boost the demand across the residential and commercial sectors.


Lack of awareness regarding the benefits of thermal insulation could restrain the building thermal insulation industry growth. Despite the myriad of advantages including eco-friendly nature and energy efficiency, lack of awareness regarding such thermal insulations could be a major challenge for leading players. Additional expenses associated with insulation materials could hamper product usage in developing regions such as South Asia, and MEA. Some of the traditional insulation materials such as fiberglass are not moisture and mold-resistant. This could drive the need for cost-effective alternatives for thermal insulation materials.


Authors: Kiran Pulidindi, Hiralkumar Patel

Frequently Asked Questions (FAQ) :

The market size of building thermal insulation surpassed USD 25 billion in 2022 and is expected to exhibit 6% CAGR from 2023 to 2032, according to GMI report.

Building thermal insulation industry from residential end-users is projected to cross USD 25 billion by the end of 2032 due to a rise in construction spending on housing projects.

Asia Pacific is anticipated to witness 7% growth during 2023 to 2032 impelled by the expanding construction market and supportive government initiatives.

Some of the key manufacturers include Johns Manville, BASF SE, CertainTeed, Paroc Group, Cellofoam North America, Inc., and Dow Building Solutions.

Building Thermal Insulation Market Scope

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Premium Report Details

  • Base Year: 2022
  • Companies covered: 21
  • Tables & Figures: 768
  • Countries covered: 24
  • Pages: 700
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