Global Building Thermal Insulation Market Size & Outlook
The building thermal insulation industry worldwide is expected to reach a projected revenue of US$ 37,759.7 million by 2030. A compound annual growth rate of 5.6% is expected of the worldwide building thermal insulation industry from 2023 to 2030.
Revenue, 2022 (US$M)
$24,487.6
Forecast, 2030 (US$M)
$37,759.7
CAGR, 2023 - 2030
5.6%
Report Coverage
Worldwide
Global building thermal insulation market, 2018-2030 (US$M)
Related Markets
Global building thermal insulation market highlights
- The global building thermal insulation market generated a revenue of USD 24,487.6 million in 2022 and is expected to reach USD 37,759.7 million by 2030.
- The market is expected to grow at a CAGR (2023 - 2030) of 5.6% by 2030.
- In terms of segment, glass wool accounted for a revenue of USD 9,167.1 million in 2022.
- 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 2022.
- Country-wise, Romania is expected to register the highest CAGR from 2023 to 2030.
Global data book summary
| Market revenue in 2022 | USD 24,487.6 million |
| Market revenue in 2030 | USD 37,759.7 million |
| Growth rate | 5.6% (CAGR from 2022 to 2030) |
| Largest segment | Glass wool |
| Fastest growing segment | EPS |
| Historical data covered | 2018 - 2021 |
| Base year for estimation | 2022 |
| Forecast period covered | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Glass Wool, Mineral Wool, EPS, XPS, Cellulose, PIR, PUR |
Other key industry trends
- In terms of revenue, the North America accounted for 33.5% of the global building thermal insulation market in 2022.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
- By country, Romania is the fastest growing regional market and is projected to reach USD 1,131.4 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 |
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Global building thermal insulation market size, by regions, 2018-2030 (US$M)
Top 10 countries: Building thermal insulation market size, 2022 (US$M)
Global building thermal insulation market share, by product, 2022 & 2030 (%, US$M)
Building thermal insulation market: Opportunity assessment by country
Global building thermal insulation market, by region, 2022 (US$M)
Related regional statistics
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