Indonesia Building Thermal Insulation Market Size & Outlook

The building thermal insulation market in Indonesia is expected to reach a projected revenue of US$ 344.5 million by 2030. A compound annual growth rate of 6.8% is expected of Indonesia building thermal insulation market from 2023 to 2030.

Revenue, 2022 (US$M)
$202.9
Forecast, 2030 (US$M)
$344.5
CAGR, 2023 - 2030
6.8%
Report Coverage
Indonesia

Indonesia building thermal insulation market highlights

  • The Indonesia building thermal insulation market generated a revenue of USD 202.9 million in 2022 and is expected to reach USD 344.5 million by 2030.
  • The Indonesia market is expected to grow at a CAGR of 6.8% from 2023 to 2030.
  • In terms of segment, eps was the largest revenue generating product in 2022.
  • 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 2022USD 202.9 million
Market revenue in 2030USD 344.5 million
Growth rate6.8% (CAGR from 2022 to 2030)
Largest segmentEps
Fastest growing segmentEPS
Historical data2018 - 2021
Base year2022
Forecast period2023 - 2030
Quantitative unitsRevenue in USD million
Market segmentationGlass Wool, Mineral Wool, EPS, XPS, Cellulose, PIR, PUR
Key market players worldwideRockwool 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, Indonesia accounted for 0.8% of the global building thermal insulation market in 2022.
  • 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.

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Building Thermal Insulation Market Scope

Building Thermal Insulation Market Companies

Name Profile # Employees HQ Website

Indonesia building thermal 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 building thermal insulation market will help companies and investors design strategic landscapes.


Eps was the largest segment with a revenue share of 31.89% in 2022. Horizon Databook has segmented the Indonesia building thermal insulation market based on glass wool, mineral wool, eps, xps, cellulose, pir, pur covering the revenue growth of each sub-segment from 2018 to 2030.


Building & construction industry in Indonesia is expected to be driven by factors such as growing population, substantial infrastructural investments, and rapid urbanization, resulting in an unprecedented growth of building thermal insulation market.


A deficit of 20 million homes in Indonesia is expected to offer a lucrative opportunity for the growth of residential construction sector in the country, thereby leading to a robust increase in the product demand over the forecast period.


Moreover, the launch of the One Million Houses Program by President Joko Widodo in 2015 is projected to boost residential construction sector over the forecast period, consequently propelling the product demand.

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Target buyers of Indonesia building thermal insulation market databook

  • Our clientele includes a mix of building thermal insulation market companies, investment firms, advisory firms & academic institutions.
  • 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
  • Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
  • The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.

Horizon Databook provides a detailed overview of country-level data and insights on the Indonesia building thermal insulation market , including forecasts for subscribers. This country databook contains high-level insights into Indonesia building thermal insulation market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Indonesia building thermal insulation market size, by product, 2018-2030 (US$M)

Indonesia Building Thermal Insulation Market Outlook Share, 2022 & 2030 (US$M)

Indonesia building thermal insulation market size, by product, 2018-2030 (US$M)

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