Insulation Market Size

Insulation Market size was valued at USD 69.42 billion in 2024 and is expected to reach USD 157.41 billion by 2037, expanding at around 6.5% CAGR during the forecast period i.e., between 2025-2037. In the year 2025, the industry size of insulation is assessed at USD 73.03 billion.

Insulation market has a key application in cold storage and transportation. In the design phase of a cold storage facility, several factors are considered to ensure optimal temperature control and energy efficiency. These include the use of vapor barriers for the building enclosures and advanced insulation materials, with typical R-values of up to R-40+ for walls, R-60 for the roof, and R-30+ for internal walls. Appropriate insulation is necessary to prevent structural damage from moisture ingress and frost heave and incorporating HVAC systems for cold storage environments is vital for safety and compliance. Continuous development of cold chain logistics and the demand for insulation materials are fostering insulation market growth.

Frequently Asked Questions (FAQ)

In the year 2025, the industry size of insulation is assessed at USD 73.03 billion.

The insulation market size was valued at USD 69.42 billion in 2024 and is expected to reach USD 157.41 billion by 2037, expanding at around 6.5% CAGR during the forecast period i.e., between 2025-2037. Role of biocomposite insulating materials in the future of green construction will drive the market growth.

Asia Pacific industry is predicted to hold largest revenue share of 45% by 2037, influenced by a significant surge in oil output, leading to an increasing demand for insulation in the region.

The major players in the market are BASF, GAF Materials Corporation, Knauf Insulation, Huntsman International LLC, Johns Manville, Kingspan Group, Saint-Gobain, Cellofoam North America, Inc., Rockwool International, and others.

Insulation Market Size