UK Insulation Market Size & Outlook, 2023-2030
UK insulation market, 2018-2030 (US$M)
Related Markets
UK insulation market highlights
- The UK insulation market generated a revenue of USD 2,181.2 million in 2023 and is expected to reach USD 3,275.9 million by 2030.
- The UK market is expected to grow at a CAGR of 6% from 2024 to 2030.
- In terms of segment, residential was the largest revenue generating application in 2023.
- Residential is the most lucrative application segment registering the fastest growth during the forecast period.
Insulation market data book summary
| Market revenue in 2023 | USD 2,181.2 million |
| Market revenue in 2030 | USD 3,275.9 million |
| Growth rate | 6% (CAGR from 2023 to 2030) |
| Largest segment | Residential |
| Fastest growing segment | Residential |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 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, UK accounted for 3.3% of the global insulation market in 2023.
- Country-wise, China is expected to lead the global market in terms of revenue in 2030.
- In Europe, Germany insulation market is projected to lead the regional market in terms of revenue in 2030.
- Germany is the fastest growing regional market in Europe and is projected to reach USD 5,524.5 million by 2030.
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Insulation Market Scope
Insulation Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
UK 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 19.87% in 2023. Horizon Databook has segmented the UK insulation market based on residential, non-residential covering the revenue growth of each sub-segment from 2018 to 2030.
UK is characterized by the presence of major insulation industry participants. These manufacturers provide premium as well as high performing insulation products for various building applications. Easy availability of insulation products, prevalent awareness pertaining to their usage, and growing focus on reducing overall energy consumption is expected to benefit the insulation industry in the country.
Private housing served as the primary stimulus for the overall growth of the construction industry in UK. The support of government policies such as Help to Buy, and relatively low interest rates are some of the drivers for this scenario.
The housing market in the country was also affected by the stamp duty changes, but the continued government policies of supporting the housing sector resulted in the growth of the housing sector, thus is expected to complement the growth of the residential application of insulation products.
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Target buyers of UK 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 country-level data and insights on the UK insulation market , including forecasts for subscribers. This country databook contains high-level insights into UK insulation market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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UK insulation market size, by application, 2018-2030 (US$M)
UK Insulation Market Outlook Share, 2023 & 2030 (US$M)
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