Middle East & Africa Insulation Market Size & Outlook
Middle East & Africa insulation market, 2018-2030 (US$M)
Related Markets
MEA insulation market highlights
- The MEA insulation market generated a revenue of USD 2,004.7 million in 2023.
- The market is expected to grow at a CAGR of 6.6% 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.
MEA data book summary
| Market revenue in 2023 | USD 2,004.7 million |
| Market revenue in 2030 | USD 3,127.5 million |
| Growth rate | 6.6% (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, MEA region accounted for 3.1% 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.
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Insulation Market Scope
Insulation Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Middle East & Africa 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 18.77% in 2023. Horizon Databook has segmented the Middle East & Africa insulation market based on residential, non-residential covering the revenue growth of each sub-segment from 2018 to 2030.
In GCC market, regulatory standards for construction, some of which stem from environmental policies, have pushed contractors to develop efficient ways to source special materials and supplies, such as specialized insulation materials. This trend affects equipment needs, thus pushing for maintaining optimum operational costs, which in turn is likely to foster the demand for insulation in the region.
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Target buyers of Middle East & Africa insulation market databook
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Our clientele includes a mix of insulation market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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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 continent-level data and insights on the Middle East & Africa insulation market , including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa insulation market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Middle East & Africa Insulation Market Outlook Share, 2023 & 2030 (US$M)
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