Italy Building Thermal Insulation Market Size & Outlook
Italy building thermal insulation market, 2018-2030 (US$M)
Related Markets
Italy building thermal insulation market highlights
- The Italy building thermal insulation market generated a revenue of USD 1,286.8 million in 2022 and is expected to reach USD 1,863.7 million by 2030.
- The Italy market is expected to grow at a CAGR of 4.7% from 2023 to 2030.
- In terms of segment, glass wool 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 2022 | USD 1,286.8 million |
| Market revenue in 2030 | USD 1,863.7 million |
| Growth rate | 4.7% (CAGR from 2022 to 2030) |
| Largest segment | Glass wool |
| Fastest growing segment | EPS |
| Historical data | 2018 - 2021 |
| Base year | 2022 |
| Forecast period | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Glass Wool, Mineral Wool, EPS, XPS, Cellulose, 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, Italy accounted for 5.3% 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 Europe, Germany building thermal insulation market is projected to lead the regional market in terms of revenue in 2030.
- Poland is the fastest growing regional market in Europe and is projected to reach USD 487.3 million by 2030.
Glass wool was the largest segment with a revenue share of 33.72% in 2022. Horizon Databook has segmented the Italy 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.
The construction sector in Italy witnessed growth in investments in the sector, driven by resumed public infrastructure development by the government. Though the sector observed a variable trend in the investments, the business confidence increase and was all time high than any other sector.
The demand for building thermal insulation is expected to be driven by energy redevelopment and building renovation projects in the country, coupled with tax incentives over the forecast period.
The growth in the demand for building thermal insulation is expected to be supported by the government’s efforts to improve the economic condition through investments in infrastructure and energy sectors as well as utilities construction.
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Building Thermal Insulation Market Scope
Building Thermal Insulation Market Companies
| Name | Profile | # Employees | HQ | Website |
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Italy building thermal insulation market size, by product, 2018-2030 (US$M)
Italy Building Thermal Insulation Market Outlook Share, 2022 & 2030 (US$M)
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