U.S. Insulation Market Size & Outlook, 2023-2030

The insulation market in the United States is expected to reach a projected revenue of US$ 18,923.9 million by 2030. A compound annual growth rate of 6.1% is expected of the United States insulation market from 2024 to 2030.
Revenue, 2023 (US$M)
$12,468.3
Forecast, 2030 (US$M)
$18,923.9
CAGR, 2024 - 2030
6.1%
Report Coverage
U.S.

U.S. insulation market highlights

  • The U.S. insulation market generated a revenue of USD 12,468.3 million in 2023 and is expected to reach USD 18,923.9 million by 2030.
  • The U.S. market is expected to grow at a CAGR of 6.1% 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 2023USD 12,468.3 million
Market revenue in 2030USD 18,923.9 million
Growth rate6.1% (CAGR from 2023 to 2030)
Largest segmentResidential
Fastest growing segmentResidential
Historical data2018 - 2022
Base year2023
Forecast period2024 - 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, U.S. accounted for 19.1% of the global insulation market in 2023.
  • Country-wise, China is expected to lead the global market in terms of revenue in 2030.
  • In North America, U.S. insulation market is projected to lead the regional market in terms of revenue in 2030.
  • U.S. is the fastest growing regional market in North America and is projected to reach USD 18,923.9 million by 2030.

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Insulation Market Scope

Insulation Market Companies

Name Profile # Employees HQ Website

U.S. 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 17.65% in 2023. Horizon Databook has segmented the U.S. insulation market based on residential, non-residential covering the revenue growth of each sub-segment from 2018 to 2030.


The United States market is growing at a rapid pace considering the increased demand from end user markets. New investments in auto factories coupled with increased installed capacity are likely to emerge in Mexico, for North American as well as global consumption.

This requires automotive manufacturers and suppliers to manage their supply chains and factory usage cautiously in the Unites States. Regulatory pressure in this region is a major trigger for growth, and gains in the automotive materials overall are likely to be outpaced by advancements.

Strict fuel economy standards are likely to increase the scope for lightweight automotive materials. The Corporate Average Fuel Economy (CAFÉ) was issued by the US in August 2012, which requires light-duty vehicles to perform at an efficiency of 55 miles per gallon.

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

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U.S. insulation market size, by application, 2018-2030 (US$M)

U.S. Insulation Market Outlook Share, 2023 & 2030 (US$M)

U.S. insulation market size, by application, 2018-2030 (US$M)

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