Global Industrial Insulation Market to Reach $14.3 Billion by 2030
The global market for Industrial Insulation estimated at US$7.6 Billion in the year 2022, is projected to reach a revised size of US$14.3 Billion by 2030, growing at a CAGR of 8.3% over the analysis period 2022-2030. Glass Wool, one of the segments analyzed in the report, is projected to record 9.2% CAGR and reach US$4.1 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Stone Wool segment is readjusted to a revised 9.7% CAGR for the next 8-year period.The U.S. Market is Estimated at $2.1 Billion, While China is Forecast to Grow at 12.9% CAGR
The Industrial Insulation market in the U.S. is estimated at US$2.1 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$3.3 Billion by the year 2030 trailing a CAGR of 12.9% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 5% and 6.7% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 6.1% CAGR.Select Competitors (Total 12 Featured) -
- Aerofoam USA LLC
- Arabian Fiberglass Insulation Company Ltd.
- Armacell International S. A.
- Beijing Hocreboard Building Materials Company Limited
- Beijing New Building Material (Group) Company Ltd.
- Cabot Corporation
- Dyplast Products
- Glassrock Insulation Company S.A.E.
- Hutchinson
- Insulcon B. V.
- Johns Manville
- Kingspan Group PLC
- Knauf Insulation
- L'isolante K-Flex S.P.A.
- NMC International SA
- Owens Corning
- PGF Insulation
- Promat (Etex Group)
- Rockwool Group
- Saint Gobain
- Tecresa Proteccion Pasiva, S.L.
- Temati
- Unifrax
- Union Foam Spa
- Visionary Industrial Insulation
What's New?
- Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
- Global competitiveness and key competitor percentage market shares
- Market presence across multiple geographies - Strong/Active/Niche/Trivial
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Table of Contents
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Aerofoam USA LLC
- Arabian Fiberglass Insulation Company Ltd.
- Armacell International S. A.
- Beijing Hocreboard Building Materials Company Limited
- Beijing New Building Material (Group) Company Ltd.
- Cabot Corporation
- Dyplast Products
- Glassrock Insulation Company S.A.E.
- Hutchinson
- Insulcon B. V.
- Johns Manville
- Kingspan Group PLC
- Knauf Insulation
- L'isolante K-Flex S.P.A.
- NMC International SA
- Owens Corning
- PGF Insulation
- Promat (Etex Group)
- Rockwool Group
- Saint Gobain
- Tecresa Proteccion Pasiva, S.L.
- Temati
- Unifrax
- Union Foam Spa
- Visionary Industrial Insulation
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 78 |
Published | April 2024 |
Forecast Period | 2022 - 2030 |
Estimated Market Value ( USD | $ 7.6 Billion |
Forecasted Market Value ( USD | $ 14.3 Billion |
Compound Annual Growth Rate | 8.2% |
Regions Covered | Global |