Middle East & Africa Board Insulation Market Size & Outlook

The board insulation market in Middle East & Africa is expected to reach a projected revenue of US$ 1,256.3 million by 2030. A compound annual growth rate of 3.8% is expected of Middle East & Africa board insulation market from 2024 to 2030.
Revenue, 2023 (US$M)
$968.9
Forecast, 2030 (US$M)
$1,256.3
CAGR, 2024 - 2030
3.8%
Report Coverage
Middle East & Africa

MEA board insulation market highlights

  • The MEA board insulation market generated a revenue of USD 968.9 million in 2023.
  • The market is expected to grow at a CAGR of 3.8% from 2024 to 2030.
  • In terms of segment, building & construction was the largest revenue generating application in 2023.
  • Building & Construction is the most lucrative application segment registering the fastest growth during the forecast period.

MEA data book summary

Market revenue in 2023USD 968.9 million
Market revenue in 2030USD 1,256.3 million
Growth rate3.8% (CAGR from 2023 to 2030)
Largest segmentBuilding & construction
Fastest growing segmentBuilding & Construction
Historical data covered2018 - 2022
Base year for estimation2023
Forecast period covered2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationBuilding & Construction, Transportation, Industrial
Key market players worldwideOwens-Corning Inc, Rockwell Automation Inc, Compagnie de Saint-Gobain SA, Knauf, Basf SE, Huntsman Corp, Mitsui Chemicals Inc, Rogers Corp, Lloyd Insulations, Polybond Insulation, Industrial Insulations, Duna Corradini

Other key industry trends

  • In terms of revenue, MEA region accounted for 7.4% of the global board insulation market in 2023.
  • Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
  • Asia Pacific is the fastest growing regional market and is projected to reach USD 7,175.8 million by 2030.

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Board Insulation Market Scope

Board Insulation Market Companies

Name Profile # Employees HQ Website

Middle East & Africa board insulation market outlook

The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to board insulation market will help companies and investors design strategic landscapes.


Building & construction was the largest segment with a revenue share of 68.11% in 2023. Horizon Databook has segmented the Middle East & Africa board insulation market based on building & construction, transportation, industrial covering the revenue growth of each sub-segment from 2018 to 2030.


  • Middle East & Africa Board Insulation Application Outlook (Revenue, USD Million, 2018-2030)
    • Building & Construction
    • Transportation
    • Industrial
    • Appliances
    • Others

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Horizon Databook provides a detailed overview of continent-level data and insights on the Middle East & Africa board insulation market , including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa board insulation market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Middle East & Africa board insulation market

Middle East & Africa Board Insulation Market Outlook Share, 2023 & 2030 (US$M)

Middle East & Africa board insulation market

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