Building Thermal Insulation Sector: Growth Drivers and Challenges
Growth Drivers
- Increasing Usage of Artificial Cooling and Heating Systems
- Rising Global Warming and Climate Changes
Challenges
- Slow Adoption and Lack of Awareness amongst People
Building Thermal Insulation Market: Key Insights
|
Base Year |
2024 |
|
Forecast Year |
2025-2037 |
|
CAGR |
4.6% |
|
Base Year Market Size (2024) |
USD 34.49 billion |
|
Forecast Year Market Size (2037) |
USD 61.89 billion |
|
Regional Scope |
|
Browse key industry insights with market data tables & charts from the report:
Frequently Asked Questions (FAQ)
In the year 2025, the industry size of building thermal insulation is assessed at USD 35.84 billion.
Building Thermal Insulation Market size was valued at USD 34.49 billion in 2024 and is expected to reach USD 61.89 billion by 2037, expanding at around 4.6% CAGR during the forecast period i.e., between 2025-2037.
Middle East and Africa industry is expected to dominate majority revenue share by 2037, attributed to high temperature, prevalence all the yearlong, along with growing industrial development in the region.
The major players in the market are Huntsman Corporation, Knauf Insulation, Inc., Kingspan Group plc, Compagnie de Saint-Gobain S.A., Johns Manville, Covestro AG, and others.
