Global Building Thermal Insulation Market Size & Outlook
The global building thermal insulation market size was estimated at USD 26,870.9 million in 2024 and is projected to reach USD 37,759.7 million by 2030, growing at a CAGR of 5.9% from 2025 to 2030.
Revenue, 2024 (US$M)
$26,870.9
Forecast, 2030 (US$M)
$37,759.7
CAGR, 2025 - 2030
5.9%
Report Coverage
Worldwide
Global building thermal insulation market, 2018-2030 (US$M)
Related Markets
Global building thermal insulation market highlights
- The global building thermal insulation market generated a revenue of USD 26,870.9 million in 2024 and is expected to reach USD 37,759.7 million by 2030.
- The market is expected to grow at a CAGR (2025 - 2030) of 5.9% by 2030.
- In terms of segment, glass wool accounted for a revenue of USD 10,492.6 million in 2024.
- EPS is the most lucrative product segment registering the fastest growth during the forecast period.
- In terms of region, Europe was the largest revenue generating market in 2024.
- Country-wise, India is expected to register the highest CAGR from 2025 to 2030.
Global data book summary
| Market revenue in 2024 | USD 26,870.9 million |
| Market revenue in 2030 | USD 37,759.7 million |
| Growth rate | 5.9% (CAGR from 2025 to 2030) |
| Largest segment | Glass wool |
| Fastest growing segment | EPS |
| Historical data covered | 2018 - 2023 |
| Base year for estimation | 2024 |
| Forecast period covered | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Mineral Wool, EPS, Glass Wool, Cellulose, XPS, PIR, PUR |
Other key industry trends
- In terms of revenue, the North America accounted for 33.0% of the global building thermal insulation market in 2024.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
- By country, India is the fastest growing regional market and is projected to reach USD 1,319.4 million by 2030.
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Building Thermal Insulation Market Scope
Building thermal insulation market segmentation & scope
Building Thermal Insulation Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| BASF | View profile | 10001+ | Florham Park, New Jersey, United States, North America | https://pharma.basf.com |
| Byucksan | View profile | - | Seoul, Seoul-t'ukpyolsi, South Korea, Asia | http://byucksan.com/ |
| Rockwool | View profile | 1001-5000 | Milton, Ontario, Canada, North America | https://www.rockwool.com/ |
| Cellofoam | View profile | 51-100 | Biberach, Bayern, Germany, Europe | https://www.cellofoam.de |
| Dow Building Solutions | View profile | 10001+ | Midland, Michigan, United States, North America | http://building.dow.com |
| CertainTeed Corporation | View profile | 5001-10000 | Signal Mountain, Tennessee, United States, North America | http://www.certainteed.com/ |
| Atlas Roofing | View profile | 1001-5000 | Atlanta, Georgia, United States, North America | https://www.atlasroofing.com |
| GAF | View profile | 5001-10000 | Wayne, New Jersey, United States, North America | http://www.gaf.com/ |
| Rockwool AS Class B | View profile | 12017 | Hovedgaden 584, Hedehusene, Denmark, 2640 | https://www.rockwool.com |
| Owens-Corning Inc | View profile | 18000 | One Owens Corning Parkway, Toledo, OH, United States, 43659 | https://www.owenscorning.com |
| Johns Manville | View profile | 5001-10000 | Denver, Colorado, United States, North America | http://www.jm.com/ |
| Guardian Capital Group Ltd | View profile | 359 | Commerce Court West, Suite 3100, P.O. Box 201, Toronto, ON, Canada, M5L 1E8 | https://www.guardiancapital.com |
| Kingspan Group PLC | View profile | 22384 | Dublin Road, Kingscourt, County Cavan, Ireland, A82 XY31 | https://www.kingspan.com |
| Compagnie de Saint-Gobain SA | View profile | 168508 | 12, Place de l'Iris, Tour Saint-Gobain, Courbevoie, France, 92400 | http://www.saint-gobain.com |
| Huntsman Corp | View profile | 6000 | 10003 Woodloch Forest Drive, The Woodlands, TX, United States, 77380 | https://www.huntsman.com |
Global building thermal insulation market size, by regions, 2018-2030 (US$M)
Top 10 countries: Building thermal insulation market size, 2024 (US$M)
Global building thermal insulation market share, by product, 2024 & 2030 (%, US$M)
Building thermal insulation market: Opportunity assessment by country
Global building thermal insulation market, by region, 2024 (US$M)
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