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Report Overview
The insulation market attained a value of USD 65.62 Billion in 2025. The industry is expected to grow at a CAGR of 4.30% during the forecast period of 2026-2035. By 2035, the market is expected to reach USD 99.97 Billion.
Rising global energy costs and environmental awareness are pushing governments and businesses to prioritize energy-efficient building solutions. Insulation plays a central role in minimizing heat transfer, reducing HVAC loads, and cutting utility bills. Mandatory energy efficiency codes, such as the IECC and EU Energy Performance of Buildings Directive, drive adoption. Building owners seek solutions that deliver long-term savings, prompting demand for high-R-value insulation materials.
Rapid urbanization, especially in Asia-Pacific and Africa, is fuelling insulation market expansion due to robust construction of residential, commercial, and industrial infrastructure. According to the Asian Development Bank, over 55% of Asia’s population will be urban by 2030. As cities expand, the demand for energy-efficient and noise-reducing insulation materials surges. Infrastructure megaprojects in China, India, and Southeast Asia include insulation as a critical component in reducing long-term operational costs.
2025
Base Year
2019-2025
Historical Period
2026-2035
Forecast Period
Competitive Landscape
Key players in the insulation market are adopting a range of key strategies to strengthen their market position, drive innovation, and meet evolving sustainability and regulatory demands. Product innovation is a central focus, with companies investing in advanced materials like aerogels, vacuum insulation panels, and bio-based insulations to enhance thermal performance and environmental friendliness. Sustainability and decarbonization have become core to strategic growth, as firms develop low-carbon or recyclable products and invest in cleaner production technologies.
Geographic expansion is also prevalent, particularly into emerging markets, where construction and industrial activity is rising. To support this, companies are building local manufacturing plants to reduce logistics costs and emissions. Strategic partnerships and acquisitions help expand product portfolios, enter new sectors, or gain technological expertise. Additionally, digitalization is being used to streamline operations, improve energy modelling, and enable smarter installation techniques.
GAF
Founded in 1886, GAF is headquartered in Parsippany, the United States. As North America's largest roofing manufacturer, it has pioneered innovations like advanced roofing membranes and reflective technologies. GAF has significantly contributed to sustainable roofing with its energy-efficient systems and recycling initiatives, helping reduce landfill waste and promote green building practices.
Huntsman International LLC
Established in 1970 and based in Texas, the United States, Huntsman is a global leader in specialty chemicals. It has advanced the development of high-performance polyurethane insulation, enabling energy-efficient construction. Huntsman is known for its innovation in MDI-based foam systems, which enhance thermal resistance and reduce emissions across residential and industrial applications.
Johns Manville
Founded in 1858 and headquartered in Denver, Johns Manville is a Berkshire Hathaway company specializing in insulation, roofing, and engineered products. It is recognized for developing formaldehyde-free fiberglass insulation and advanced vapor barrier systems. The company prioritizes sustainability and performance, supplying energy-efficient solutions for building, industrial, and transportation sectors globally.
Cellofoam North America Inc.
Cellofoam North America Inc., founded in 1965 and headquartered in Conyers, the United States, specializes in EPS products. Known for innovation in lightweight, moisture-resistant insulation, the company serves construction, packaging, and marine markets. Its advanced EPS manufacturing methods contribute to cost-effective, energy-efficient building insulation with reduced environmental impacts.
Other players in the insulation market are ROCKWOOL International A/S, DuPont de Nemours, Inc., and Owens Corning, among others.
Insulation Market Report Snapshots
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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Key Questions Answered in the Report
In 2025, the market reached an approximate value of USD 65.62 Billion.
The market is projected to grow at a CAGR of 4.30% between 2026 and 2035.
The market is estimated to witness a healthy growth in the forecast period of 2026-2035 to reach about USD 99.97 Billion by 2035.
Key strategies driving the market include innovation in eco-friendly materials, expanding production capacity, strategic partnerships, and mergers. Companies focus on digital tools for specification and installation, regional market penetration, and compliance with environmental regulations to boost energy efficiency and sustainability, enhancing competitiveness and meeting growing demand globally.
The rising demand for consumers for energy conservation and the growing demand for residential and industrial insulation are the key trends propelling the market growth.
The major regions in the market are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.
Glass wool, mineral wool, EPS, XPS, CMS fibres, calcium silicate, aerogel, cellulose, PIR (polysio), phenolic foam, and polyurethane, are the major products in the market.
The significant applications of insulation are infrastructure, industrial, HVAC and OEM, transportation, appliances, furniture, and packaging.
The key players in the market report include GAF, Huntsman International LLC, Johns Manville, Cellofoam North America Inc., ROCKWOOL International A/S, DuPont de Nemours, Inc., and Owens Corning, among others.
Glass wool is the most dominant insulation product globally due to its affordability, fire resistance, and thermal performance.
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