Fireproof Insulation Market Size

Fireproof Insulation Market size was over USD 13.36 billion in 2024 and is projected to reach USD 47.18 billion by the end of 2037, growing at around 10.1% CAGR during the forecast period i.e., between 2025-2037. In the year 2025, the industry size of fireproof insulation is evaluated at USD 14.45 billion.

The market growth is mainly owing to the construction industry growth across the globe. The expansion of the construction sector, particularly in residential, commercial, and industrial segments, contributes to the demand for fireproof insulation. In the year 2021, the global construction investment reached approximately USD 12 trillion.

In addition to this, the fireproof insulation market refers to the industry involved in the production, distribution, and installation of materials designed to provide fire protection and thermal insulation for buildings, industrial facilities, and other structures. Fireproof insulation materials are used to slow down or prevent the spread of fire, protect structural elements, and reduce heat transfer.