Middle East & Africa Insulation Market Size & Outlook

The insulation market in Middle East & Africa is expected to reach a projected revenue of US$ 3,127.5 million by 2030. A compound annual growth rate of 6.6% is expected of Middle East & Africa insulation market from 2024 to 2030.
Revenue, 2023 (US$M)
$2,004.7
Forecast, 2030 (US$M)
$3,127.5
CAGR, 2024 - 2030
6.6%
Report Coverage
Middle East & Africa

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 2023USD 2,004.7 million
Market revenue in 2030USD 3,127.5 million
Growth rate6.6% (CAGR from 2023 to 2030)
Largest segmentResidential
Fastest growing segmentNon-Residential
Historical data covered2018 - 2022
Base year for estimation2023
Forecast period covered2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationResidential, Non-Residential
Key market players worldwideRockwool 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.


  • Middle East & Africa Insulation Application Outlook (Revenue, USD Million, 2018-2030)
    • Residential
    • Non-Residential
    • Others

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Target buyers of Middle East & Africa insulation market databook

  • Our clientele includes a mix of 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.).
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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

Middle East & Africa Insulation Market Outlook Share, 2023 & 2030 (US$M)

Middle East & Africa insulation market

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