China Building Thermal Insulation Market Size & Outlook
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China building thermal insulation market highlights
- The China building thermal insulation market generated a revenue of USD 2,926.1 million in 2024 and is expected to reach USD 4,573.3 million by 2030.
- The China market is expected to grow at a CAGR of 7.7% from 2025 to 2030.
- In terms of segment, eps was the largest revenue generating product in 2024.
- EPS is the most lucrative product segment registering the fastest growth during the forecast period.
Building thermal insulation market data book summary
| Market revenue in 2024 | USD 2,926.1 million |
| Market revenue in 2030 | USD 4,573.3 million |
| Growth rate | 7.7% (CAGR from 2025 to 2030) |
| Largest segment | Eps |
| Fastest growing segment | EPS |
| Historical data | 2018 - 2023 |
| Base year | 2024 |
| Forecast period | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Mineral Wool, EPS, Glass Wool, Cellulose, XPS, PIR, PUR |
| Key market players worldwide | Rockwool AS Class B, GAF, Guardian Capital Group Ltd, Huntsman Corp, Johns Manville, Atlas Roofing, CertainTeed Corporation, Dow Building Solutions, Owens-Corning Inc, Compagnie de Saint-Gobain SA, Kingspan Group PLC, Cellofoam, Rockwool, Byucksan, BASF |
Other key industry trends
- In terms of revenue, China accounted for 10.9% of the global building thermal insulation market in 2024.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China building thermal insulation market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 1,319.4 million by 2030.
Eps was the largest segment with a revenue share of 33.38% in 2024. Horizon Databook has segmented the China building thermal insulation market based on mineral wool, eps, glass wool, cellulose, xps, pir, pur covering the revenue growth of each sub-segment from 2018 to 2030.
China is expected to witness an increase in demand for building thermal insulation over the forecast period owing to the government emphasis on reducing the overall energy consumption. The implementation of China’s 13th Five-Year Plan (2016-2020) for economic and social development aims to optimize the energy system, promote energy consumption reform, and build a clean, decarbonized, safe, & efficient modern energy system.
This plan is expected to encourage the consumption of energyefficient products, thereby propelling the demand for building thermal insulation in order to reduce the energy consumption of buildings. However, a slowdown in the economic growth of China is likely to lead to a reduction in the construction activities, thereby restraining the market growth.
Growing urbanization in China is one of the primary factors boosting the growth of construction sector and consequently the demand for building thermal insulation. China has undergone a massive urbanization process that has transformed the country over the past decade.
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Building Thermal Insulation Market 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 |
China building thermal insulation market size, by product, 2018-2030 (US$M)
China Building Thermal Insulation Market Outlook Share, 2024 & 2030 (US$M)
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