Latin America Insulation Market Size & Outlook, 2030

Revenue, 2023 (US$M)

$4,298.9

Forecast, 2030 (US$M)

$6,853.1

CAGR, 2024 - 2030

6.9%

Report Coverage

Latin America

Latin America insulation market, 2018-2030 (US$M)

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MEA Insulation Market Outlook

Latin America insulation market highlights

The Latin America insulation market generated a revenue of USD 4,298.9 million in 2023.
The market is expected to grow at a CAGR of 6.9% from 2024 to 2030.
In terms of segment, residential was the largest revenue generating application in 2023.
Non-Residential is the most lucrative application segment registering the fastest growth during the forecast period.

Latin America data book summary

Market revenue in 2023	USD 4,298.9 million
Market revenue in 2030	USD 6,853.1 million
Growth rate	6.9% (CAGR from 2023 to 2030)
Largest segment	Residential
Fastest growing segment	Non-Residential
Historical data covered	2018 - 2022
Base year for estimation	2023
Forecast period covered	2024 - 2030
Quantitative units	Revenue in USD million
Market segmentation	Residential, Non-Residential
Key market players worldwide	Rockwool AS Class B, Par Pacific Holdings Inc, Knauf

Other key industry trends

In terms of revenue, Latin America region accounted for 6.6% of the global insulation market in 2023.
Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
Asia Pacific is the fastest growing regional market and is projected to reach USD 45,370.4 million by 2030.

Key Regions: U.S. , UK , Japan , Canada , Mexico

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Insulation Market Scope

Insulation market segmentation & scope

Application

Residential

Non-Residential

Others

Regions

Latin America

Europe

North America

Middle East & Africa

Asia Pacific

Countries

Canada

Mexico

U.S.

Germany

France

Italy

China

India

Japan

Insulation Market Companies

Name	Profile	# Employees	HQ	Website

Latin America 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 insulation market will help companies and investors design strategic landscapes.

Residential was the largest segment with a revenue share of 18.83% in 2023. Horizon Databook has segmented the Latin America insulation market based on residential, non-residential covering the revenue growth of each sub-segment from 2018 to 2030.

There is significant heavy industrial activity in Brazil, much of this in energy-intensive sectors. The country has historically had relatively abundant and clean energy, but recent rises in energy costs and the carbon emissions associated with electrical production are likely to focus attention on the sector of energy efficiency in industry.

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

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