Global Building Thermal Insulation Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Material;

Plastic Foam, Glass Wool, Stone Wool, and Others.

By Application;

Roof Insulation, Wall Insulation, and Floor Insulation.

By Building Type;

Residential Building and Non-Residential Building.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn103511568 Published Date: January, 2025 Updated Date: February, 2025

Introduction

Global Building Thermal Insulation Market (USD Million), 2021 - 2031

In the year 2024, the Global Building Thermal Insulation Market was valued at USD 32,251.19 million. The size of this market is expected to increase to USD 43,889.41 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 4.5%.

Building thermal insulation plays a critical role in enhancing energy efficiency, comfort, and sustainability in the construction industry worldwide. As societies increasingly prioritize environmental conservation and energy conservation, the demand for effective thermal insulation solutions continues to grow. Thermal insulation materials are utilized in various building components, including walls, roofs, floors, and windows, to minimize heat transfer and reduce energy consumption for heating and cooling. This introductory overview explores the key drivers, challenges, innovations, and market trends shaping the global building thermal insulation industry.

Several factors drive the global demand for building thermal insulation. Rising awareness of climate change and the need to mitigate greenhouse gas emissions drive governments, building owners, and developers to implement energy-efficient building solutions. Stringent building energy codes and standards, along with financial incentives for energy-efficient construction, further propel the adoption of thermal insulation materials. Additionally, the desire for enhanced indoor comfort and reduced energy bills incentivizes consumers to invest in insulation upgrades. Rapid urbanization, particularly in emerging economies, also drives construction activity and boosts the demand for thermal insulation materials in residential, commercial, and industrial buildings.

Despite the growing demand, the building thermal insulation industry faces challenges such as fluctuating raw material prices, limited awareness among stakeholders, and technical complexities in retrofitting existing buildings. Additionally, the fragmented nature of the market and varying regulations across regions pose challenges for manufacturers and distributors. However, these challenges present opportunities for innovation and collaboration. Technological advancements in insulation materials, such as aerogels, vacuum insulation panels, and phase-change materials, offer superior thermal performance and space-saving solutions. Moreover, digitalization and Building Information Modeling (BIM) enable more accurate thermal simulations and optimization of insulation designs, driving efficiency and cost-effectiveness in building projects.

The global building thermal insulation market is witnessing several trends that are reshaping the industry landscape. Increasing demand for sustainable and eco-friendly insulation materials, such as cellulose, wool, and recycled content, reflects the growing emphasis on environmental responsibility and circular economy principles. Prefabricated insulation systems and modular construction methods are gaining traction, offering faster installation times and reduced construction waste. Moreover, advancements in building envelope design, including integrated insulation solutions and passive design strategies, contribute to energy-efficient and resilient buildings. Looking ahead, the global building thermal insulation market is poised for continued growth, driven by evolving regulatory landscapes, technological innovations, and a growing focus on sustainable building practices.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Material
    2. Market Snapshot, By Application
    3. Market Snapshot, By Building Type
    4. Market Snapshot, By Region
  4. Global Building Thermal Insulation Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Increasing awareness of energy efficiency and sustainability
        2. Stringent building energy codes and standards
        3. Desire for enhanced indoor comfort and reduced energy bills
        4. Rapid urbanization and growing construction activity
      2. Restraints
        1. Fluctuating raw material prices
        2. Limited awareness among stakeholders
        3. Technical complexities in retrofitting existing buildings
        4. Fragmented market and varying regulations across regions
      3. Opportunities
        1. Technological advancements in insulation materials
        2. Digitalization and Building Information Modeling (BIM)
        3. Demand for sustainable and eco-friendly insulation materials
        4. Prefabricated insulation systems and modular construction methods
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Building Thermal Insulation Market, By Material, 2021 - 2031 (USD Million)
      1. Plastic Foam
      2. Glass Wool
      3. Stone Wool
      4. Others
    2. Global Building Thermal Insulation Market, By Application, 2021 - 2031 (USD Million)
      1. Roof Insulation
      2. Wall Insulation
      3. Floor Insulation
    3. Global Building Thermal Insulation Market, By Building Type, 2021 - 2031 (USD Million)
      1. Residential Building
      2. Non-Residential Building.
    4. Global Building Thermal Insulation Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Saint-Gobain S.A.
      2. BASF SE
      3. Owens Corning
      4. Kingspan Group PLC
      5. Johns Manville Corporation
      6. Rockwool International A/S
      7. Paroc Group OY
  7. Analyst Views
  8. Future Outlook of the Market