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Building Insulation Materials Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028

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    Report

  • 145 Pages
  • October 2023
  • Region: Global
  • IMARC Group
  • ID: 5656434
Description Jump to:
The global building insulation materials market size reached US$ 23.8 Billion in 2022. Looking forward, the analyst expects the market to reach US$ 30.7 Billion by 2028, exhibiting a growth rate (CAGR) of 4.1% during 2023-2028.

Building insulation materials are used to stop and prevent the transmission of heat, electricity, or sound. Mineral wool, polyurethane foam, polyethylene, expanded polystyrene, polyvinyl chloride, and extruded polystyrene are some common variants. Building insulation materials control indoor environmental conditions and help in reducing heat loss in buildings during cold climatic conditions and reduce the heat surplus in warmer weather conditions. They also assist in preventing moisture condensation, enhancing process performance, reducing energy demand and costs, controlling the emission of pollutants, improving appearance, and preventing transmission of sound. As a result, these materials are widely used in residential, commercial, and industrial settings.

Building Insulation Materials Market Trends:

The ongoing building construction activities due to rapid population expansion, migration from rural areas to service sector clusters, and the rising trend of nuclear families across the globe are creating a positive outlook for the market. In line with this, the increasing demand for energy-efficient building materials to reduce overall energy consumption by preventing heat gain/loss through the building envelope is favoring the market growth. Various product innovations, such as the introduction of efficient insulation solutions that are installed in commercial and residential complexes, to provide corrosion protection while improving the safety, efficiency, and durability of the building, are acting as other growth-inducing factors. Additionally, the launch of recyclable and eco-friendly insulation materials with a minimal negative impact on the environment is positively impacting the market growth. Other factors, including rising infrastructural development across the globe, widespread product adoption due to improved thermal and soundproof properties, and the implementation of various government initiatives to enhance insulation in buildings and maintain the desired temperature, are anticipated to drive the market toward growth.

Key Market Segmentation

The report provides an analysis of the key trends in each sub-segment of the global building insulation materials market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on material type, application and end user.

Breakup by Material Type:

  • Fiberglass
  • Mineral Wool
  • Cellulose
  • Polyurethane/Polyisocyanurate Foam
  • Polystyrene
  • Others

Breakup by Application:

  • Floor and Basement
  • Wall
  • Roof and Ceiling

Breakup by End User:

  • Residential
  • Non-Residential

Breakup by Region:

  • North America
  • United States
  • Canada
  • Asia-Pacific
  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Indonesia
  • Others
  • Europe
  • Germany
  • France
  • United Kingdom
  • Italy
  • Spain
  • Russia
  • Others
  • Latin America
  • Brazil
  • Mexico
  • Others
  • Middle East and Africa

Competitive Landscape

The competitive landscape of the industry has also been examined along with the profiles of the key players being Atlas Roofing Corporation, BASF SE, Beijing New Building Material (Group) Co. Ltd., Compagnie de Saint-Gobain S.A., Dow Inc., DuPont de Nemours Inc., Huntsman Corporation, Johns Manville (Berkshire Hathaway Inc.), Kingspan Group plc, Knauf Gips KG, Owens Corning, Rockwool A/S and Synthos.

Key Questions Answered in This Report:

  • How has the global building insulation materials market performed so far and how will it perform in the coming years?
  • What has been the impact of COVID-19 on the global building insulation materials market?
  • What are the key regional markets?
  • What is the breakup of the market based on the material type?
  • What is the breakup of the market based on the application?
  • What is the breakup of the market based on the end user?
  • What are the various stages in the value chain of the industry?
  • What are the key driving factors and challenges in the industry?
  • What is the structure of the global building insulation materials market and who are the key players?
  • What is the degree of competition in the industry?

Table of Contents

1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global Building Insulation Materials Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast
6 Market Breakup by Material Type
6.1 Fiberglass
6.1.1 Market Trends
6.1.2 Market Forecast
6.2 Mineral Wool
6.2.1 Market Trends
6.2.2 Market Forecast
6.3 Cellulose
6.3.1 Market Trends
6.3.2 Market Forecast
6.4 Polyurethane/Polyisocyanurate Foam
6.4.1 Market Trends
6.4.2 Market Forecast
6.5 Polystyrene
6.5.1 Market Trends
6.5.2 Market Forecast
6.6 Others
6.6.1 Market Trends
6.6.2 Market Forecast
7 Market Breakup by Application
7.1 Floor and Basement
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 Wall
7.2.1 Market Trends
7.2.2 Market Forecast
7.3 Roof and Ceiling
7.3.1 Market Trends
7.3.2 Market Forecast
8 Market Breakup by End User
8.1 Residential
8.1.1 Market Trends
8.1.2 Market Forecast
8.2 Non-Residential
8.2.1 Market Trends
8.2.2 Market Forecast
9 Market Breakup by Region
9.1 North America
9.1.1 United States
9.1.1.1 Market Trends
9.1.1.2 Market Forecast
9.1.2 Canada
9.1.2.1 Market Trends
9.1.2.2 Market Forecast
9.2 Asia-Pacific
9.2.1 China
9.2.1.1 Market Trends
9.2.1.2 Market Forecast
9.2.2 Japan
9.2.2.1 Market Trends
9.2.2.2 Market Forecast
9.2.3 India
9.2.3.1 Market Trends
9.2.3.2 Market Forecast
9.2.4 South Korea
9.2.4.1 Market Trends
9.2.4.2 Market Forecast
9.2.5 Australia
9.2.5.1 Market Trends
9.2.5.2 Market Forecast
9.2.6 Indonesia
9.2.6.1 Market Trends
9.2.6.2 Market Forecast
9.2.7 Others
9.2.7.1 Market Trends
9.2.7.2 Market Forecast
9.3 Europe
9.3.1 Germany
9.3.1.1 Market Trends
9.3.1.2 Market Forecast
9.3.2 France
9.3.2.1 Market Trends
9.3.2.2 Market Forecast
9.3.3 United Kingdom
9.3.3.1 Market Trends
9.3.3.2 Market Forecast
9.3.4 Italy
9.3.4.1 Market Trends
9.3.4.2 Market Forecast
9.3.5 Spain
9.3.5.1 Market Trends
9.3.5.2 Market Forecast
9.3.6 Russia
9.3.6.1 Market Trends
9.3.6.2 Market Forecast
9.3.7 Others
9.3.7.1 Market Trends
9.3.7.2 Market Forecast
9.4 Latin America
9.4.1 Brazil
9.4.1.1 Market Trends
9.4.1.2 Market Forecast
9.4.2 Mexico
9.4.2.1 Market Trends
9.4.2.2 Market Forecast
9.4.3 Others
9.4.3.1 Market Trends
9.4.3.2 Market Forecast
9.5 Middle East and Africa
9.5.1 Market Trends
9.5.2 Market Breakup by Country
9.5.3 Market Forecast
10 SWOT Analysis
10.1 Overview
10.2 Strengths
10.3 Weaknesses
10.4 Opportunities
10.5 Threats
11 Value Chain Analysis
12 Porters Five Forces Analysis
12.1 Overview
12.2 Bargaining Power of Buyers
12.3 Bargaining Power of Suppliers
12.4 Degree of Competition
12.5 Threat of New Entrants
12.6 Threat of Substitutes
13 Price Analysis
14 Competitive Landscape
14.1 Market Structure
14.2 Key Players
14.3 Profiles of Key Players
14.3.1 Atlas Roofing Corporation
14.3.1.1 Company Overview
14.3.1.2 Product Portfolio
14.3.2 BASF SE
14.3.2.1 Company Overview
14.3.2.2 Product Portfolio
14.3.2.3 Financials
14.3.2.4 SWOT Analysis
14.3.3 Beijing New Building Material (Group) Co. Ltd.
14.3.3.1 Company Overview
14.3.3.2 Product Portfolio
14.3.3.3 Financials
14.3.4 Compagnie de Saint-Gobain S.A.
14.3.4.1 Company Overview
14.3.4.2 Product Portfolio
14.3.4.3 Financials
14.3.4.4 SWOT Analysis
14.3.5 Dow Inc.
14.3.5.1 Company Overview
14.3.5.2 Product Portfolio
14.3.5.3 Financials
14.3.6 DuPont de Nemours Inc.
14.3.6.1 Company Overview
14.3.6.2 Product Portfolio
14.3.6.3 Financials
14.3.6.4 SWOT Analysis
14.3.7 Huntsman Corporation
14.3.7.1 Company Overview
14.3.7.2 Product Portfolio
14.3.7.3 Financials
14.3.7.4 SWOT Analysis
14.3.8 Johns Manville (Berkshire Hathaway Inc.)
14.3.8.1 Company Overview
14.3.8.2 Product Portfolio
14.3.9 Kingspan Group plc
14.3.9.1 Company Overview
14.3.9.2 Product Portfolio
14.3.9.3 Financials
14.3.9.4 SWOT Analysis
14.3.10 Knauf Gips KG
14.3.10.1 Company Overview
14.3.10.2 Product Portfolio
14.3.11 Owens Corning
14.3.11.1 Company Overview
14.3.11.2 Product Portfolio
14.3.11.3 Financials
14.3.11.4 SWOT Analysis
14.3.12 Rockwool A/S
14.3.12.1 Company Overview
14.3.12.2 Product Portfolio
14.3.12.3 Financials
14.3.13 Synthos
14.3.13.1 Company Overview
14.3.13.2 Product Portfolio
14.3.13.3 SWOT Analysis
List of Figures
Figure 1: Global: Building Insulation Materials Market: Major Drivers and Challenges
Figure 2: Global: Building Insulation Materials Market: Sales Value (in Billion US$), 2017-2022
Figure 3: Global: Building Insulation Materials Market Forecast: Sales Value (in Billion US$), 2023-2028
Figure 4: Global: Building Insulation Materials Market: Breakup by Material Type (in %), 2022
Figure 5: Global: Building Insulation Materials Market: Breakup by Application (in %), 2022
Figure 6: Global: Building Insulation Materials Market: Breakup by End User (in %), 2022
Figure 7: Global: Building Insulation Materials Market: Breakup by Region (in %), 2022
Figure 8: Global: Building Insulation Materials (Fiberglass) Market: Sales Value (in Million US$), 2017 & 2022
Figure 9: Global: Building Insulation Materials (Fiberglass) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 10: Global: Building Insulation Materials (Mineral Wool) Market: Sales Value (in Million US$), 2017 & 2022
Figure 11: Global: Building Insulation Materials (Mineral Wool) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 12: Global: Building Insulation Materials (Cellulose) Market: Sales Value (in Million US$), 2017 & 2022
Figure 13: Global: Building Insulation Materials (Cellulose) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 14: Global: Building Insulation Materials (Polyurethane/Polyisocyanurate Foam) Market: Sales Value (in Million US$), 2017 & 2022
Figure 15: Global: Building Insulation Materials (Polyurethane/Polyisocyanurate Foam) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 16: Global: Building Insulation Materials (Polystyrene) Market: Sales Value (in Million US$), 2017 & 2022
Figure 17: Global: Building Insulation Materials (Polystyrene) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 18: Global: Building Insulation Materials (Other Material Types) Market: Sales Value (in Million US$), 2017 & 2022
Figure 19: Global: Building Insulation Materials (Other Material Types) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 20: Global: Building Insulation Materials (Floor and Basement) Market: Sales Value (in Million US$), 2017 & 2022
Figure 21: Global: Building Insulation Materials (Floor and Basement) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 22: Global: Building Insulation Materials (Wall) Market: Sales Value (in Million US$), 2017 & 2022
Figure 23: Global: Building Insulation Materials (Wall) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 24: Global: Building Insulation Materials (Roof and Ceiling) Market: Sales Value (in Million US$), 2017 & 2022
Figure 25: Global: Building Insulation Materials (Roof and Ceiling) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 26: Global: Building Insulation Materials (Residential) Market: Sales Value (in Million US$), 2017 & 2022
Figure 27: Global: Building Insulation Materials (Residential) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 28: Global: Building Insulation Materials (Non-Residential) Market: Sales Value (in Million US$), 2017 & 2022
Figure 29: Global: Building Insulation Materials (Non-Residential) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 30: North America: Building Insulation Materials Market: Sales Value (in Million US$), 2017 & 2022
Figure 31: North America: Building Insulation Materials Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 32: United States: Building Insulation Materials Market: Sales Value (in Million US$), 2017 & 2022
Figure 33: United States: Building Insulation Materials Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 34: Canada: Building Insulation Materials Market: Sales Value (in Million US$), 2017 & 2022
Figure 35: Canada: Building Insulation Materials Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 36: Asia-Pacific: Building Insulation Materials Market: Sales Value (in Million US$), 2017 & 2022
Figure 37: Asia-Pacific: Building Insulation Materials Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 38: China: Building Insulation Materials Market: Sales Value (in Million US$), 2017 & 2022
Figure 39: China: Building Insulation Materials Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 40: Japan: Building Insulation Materials Market: Sales Value (in Million US$), 2017 & 2022
Figure 41: Japan: Building Insulation Materials Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 42: India: Building Insulation Materials Market: Sales Value (in Million US$), 2017 & 2022
Figure 43: India: Building Insulation Materials Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 44: South Korea: Building Insulation Materials Market: Sales Value (in Million US$), 2017 & 2022
Figure 45: South Korea: Building Insulation Materials Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 46: Australia: Building Insulation Materials Market: Sales Value (in Million US$), 2017 & 2022
Figure 47: Australia: Building Insulation Materials Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 48: Indonesia: Building Insulation Materials Market: Sales Value (in Million US$), 2017 & 2022
Figure 49: Indonesia: Building Insulation Materials Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 50: Others: Building Insulation Materials Market: Sales Value (in Million US$), 2017 & 2022
Figure 51: Others: Building Insulation Materials Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 52: Europe: Building Insulation Materials Market: Sales Value (in Million US$), 2017 & 2022
Figure 53: Europe: Building Insulation Materials Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 54: Germany: Building Insulation Materials Market: Sales Value (in Million US$), 2017 & 2022
Figure 55: Germany: Building Insulation Materials Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 56: France: Building Insulation Materials Market: Sales Value (in Million US$), 2017 & 2022
Figure 57: France: Building Insulation Materials Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 58: United Kingdom: Building Insulation Materials Market: Sales Value (in Million US$), 2017 & 2022
Figure 59: United Kingdom: Building Insulation Materials Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 60: Italy: Building Insulation Materials Market: Sales Value (in Million US$), 2017 & 2022
Figure 61: Italy: Building Insulation Materials Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 62: Spain: Building Insulation Materials Market: Sales Value (in Million US$), 2017 & 2022
Figure 63: Spain: Building Insulation Materials Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 64: Russia: Building Insulation Materials Market: Sales Value (in Million US$), 2017 & 2022
Figure 65: Russia: Building Insulation Materials Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 66: Others: Building Insulation Materials Market: Sales Value (in Million US$), 2017 & 2022
Figure 67: Others: Building Insulation Materials Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 68: Latin America: Building Insulation Materials Market: Sales Value (in Million US$), 2017 & 2022
Figure 69: Latin America: Building Insulation Materials Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 70: Brazil: Building Insulation Materials Market: Sales Value (in Million US$), 2017 & 2022
Figure 71: Brazil: Building Insulation Materials Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 72: Mexico: Building Insulation Materials Market: Sales Value (in Million US$), 2017 & 2022
Figure 73: Mexico: Building Insulation Materials Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 74: Others: Building Insulation Materials Market: Sales Value (in Million US$), 2017 & 2022
Figure 75: Others: Building Insulation Materials Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 76: Middle East and Africa: Building Insulation Materials Market: Sales Value (in Million US$), 2017 & 2022
Figure 77: Middle East and Africa: Building Insulation Materials Market: Breakup by Country (in %), 2022
Figure 78: Middle East and Africa: Building Insulation Materials Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 79: Global: Building Insulation Materials Industry: SWOT Analysis
Figure 80: Global: Building Insulation Materials Industry: Value Chain Analysis
Figure 81: Global: Building Insulation Materials Industry: Porter's Five Forces Analysis
List of Tables
Table 1: Global: Building Insulation Materials Market: Key Industry Highlights, 2022 and 2028
Table 2: Global: Building Insulation Materials Market Forecast: Breakup by Material Type (in Million US$), 2023-2028
Table 3: Global: Building Insulation Materials Market Forecast: Breakup by Application (in Million US$), 2023-2028
Table 4: Global: Building Insulation Materials Market Forecast: Breakup by End User (in Million US$), 2023-2028
Table 5: Global: Building Insulation Materials Market Forecast: Breakup by Region (in Million US$), 2023-2028
Table 6: Global: Building Insulation Materials Market: Competitive Structure
Table 7: Global: Building Insulation Materials Market: Key Players

Companies Mentioned

  • Atlas Roofing Corporation
  • BASF SE
  • Beijing New Building Material (Group) Co. Ltd.
  • Compagnie de Saint-Gobain S.A.
  • Dow Inc.
  • DuPont de Nemours Inc.
  • Huntsman Corporation
  • Johns Manville (Berkshire Hathaway Inc.)
  • Kingspan Group plc
  • Knauf Gips KG
  • Owens Corning
  • Rockwool A/S
  • Synthos

Methodology

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Table Information

Report AttributeDetails
No. of Pages145
PublishedOctober 2023
Forecast Period2022 - 2028
Estimated Market Value ( USD ) in 2022 $ 23.8 Billion
Forecasted Market Value ( USD ) by 2028 $ 30.7 Billion
Compound Annual Growth Rate4.3%
Regions CoveredGlobal
No. of Companies Mentioned13

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