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Insulation Market Size

  • Report ID: GMI2579
  • Published Date: Sep 2022
  • Report Format: PDF

Insulation Market Size

Insulation Market size crossed USD 49 billion in 2021 and is all set to exhibit a CAGR of over 7% between 2022 and 2030.


A significant rise in investments across the construction sector focused on the development of robust infrastructure may drive industry expansion. The massive growth in the global population and an increasing number of people migrating from rural to urban regions have pushed the requirement for adequate housing and commercial spaces.


The fast-paced urbanization and industrial growth across developed and developing economies have encouraged government and administrative authorities to make noticeable investments in infrastructure development, spurring the demand for advanced insulation systems. In addition, the increasing construction of energy-efficient buildings driven by the rising environmental concerns and growing awareness about the efficient use of resources may further strengthen the insulation market outlook.


Authors: Kiran Pulidindi, Hiralkumar Patel

Frequently Asked Questions (FAQ) :

The market size of global insulation surpassed USD 49 billion in 2021 and is anticipated to exhibit nearly 7% CAGR during 2022 to 2030, driven by a significant rise in construction expenditure due to ongoing infrastructure development.

The plastic foam segment is speculated to depict over 7% gains through 2030 owing to the product’s superior thermal resistance, inexpensiveness, and relatively lower vulnerability to insects and moths.

The residential construction segment held more than 50% of the market share in 2021 and may exceed USD 46 billion by 2030 due to increasing household investments, rising disposable incomes, and a positive economic outlook.

Asia Pacific is set to expand at 7% CAGR and account for more than 45% of the revenues by 2030 largely due to massive population growth and emerging urbanization and industrial growth trends.

Major players partaking in the insulation industry include Owens Corning Corp, BASF, CertainTeed Corporation, Huntsman International, Dow Chemical Company, Rockwool International A/S, Knauf Gips KG, Johns Manville, Armacell International S.A., Lloyd Insulations (India), Atlas Roofing Corporation, and Duro-Last Roofing, Inc. among others.

Insulation Market Scope

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Premium Report Details

  • Base Year: 2021
  • Companies covered: 34
  • Tables & Figures: 391
  • Countries covered: 27
  • Pages: 350
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