Description
The Insulation Material Market Report – World is now also available in parts (e.g. individual country profiles or all manufacturer profiles). Please feel free to contact us and we will immediately send you an offer for your specific selection.
Saving crude oil by using rigid foam panels made from crude oil? Styrofoam, Airpop, and co. actually save more energy than what was used to produce them. Demand for PUR, PIR, and EPS insulation materials is currently growing in particular. Sales of insulation products such as panels or spray foam are recovering again, albeit with significant regional differences. The analysts at Ceresana have analyzed the global market for mineral, synthetic, and natural insulation materials used in the construction industry for the fifth time. The market research institute predicts that the consumption of building materials for thermal insulation, cold insulation, and soundproofing, as well as fire protection, will grow to over 647 million cubic meters worldwide by 2033.
Market Research as the Key to Market Expansion and Competitive Analysis
This comprehensive market study offers valuable insights into the potential of the insulation market, which support targeted planning to increase market share. The market potential for mineral wool and synthetic insulation materials such as expanded or extruded polystyrene (EPS, XPS) and polyurethane (PUR) is analyzed in detail, as are developments in the construction industry in the commercial and residential construction segments. Forecasts on future demand and growth opportunities for synthetic insulation materials provide a sound basis for strategic decisions.
Keeping Warm with Wool and Foam Insulation
Renewable insulation materials made from cork, hemp, cellulose flakes, or other organic raw materials are becoming increasingly popular. Ceresana has already published a study on the market situation regarding bio-insulation. Overall, however, bio-based insulation materials have only captured a small share of the overall market so far. The analysis of demand for insulation types shows: Mineral wool is currently the most widely used insulation material, accounting for more than half of global demand. This includes insulating materials made of glass wool or rock wool, which are manufactured from sand, stone, lime, and various minerals. As the market study shows, these are followed by foamed plastics: expanded polystyrene (EPS), extruded polystyrene (XPS), polyurethane (PUR), and polyisocyanurate (PIR). The established synthetic insulation materials comply with conventional building regulations; they are lightweight, durable, weather-resistant, and, to date, comparatively inexpensive. In the event of fire, natural insulating materials can be more advantageous because they burn less quickly and with less smoke than rigid foams, which have to be treated with flame retardants.
Tax Money for Energy-Efficient Refurbishment
In a detached house built in the 1980s, insulating the façade and roof alone can reduce energy consumption by more than a third, not to mention insulating the story and basement ceilings. Many countries therefore have state subsidy programs for the energy-efficient refurbishment of buildings. In the European Union, plans for a general renovation obligation have been abandoned. Nevertheless, there are good prospects for insulation manufacturers: The EU member states have agreed to reduce energy consumption in the residential building sector by 20% by 2035 compared to 2020 and to renovate a quarter of the least energy-efficient non-residential buildings. While new residential construction has virtually collapsed in many regions of the world, the construction industry is benefiting from new logistics facilities, warehouses, and data centers. After the end of the COVID-19 pandemic, new hotel and restaurant buildings are also in demand again.
Fifth Edition of the Ceresana Market Study “Insulation Materials – World”:
Chapter 1 provides a complete description and analysis of the global insulation material market – including forecasts up to 2033. For each region of the world, this chapter shows production in cubic meters and demand in cubic meters and tonnes as well as the revenues generated with insulation materials in US dollars and euros.
Chapter 2 presents the production, demand, import, export, and sales of insulation materials for 16 countries that are particularly relevant for the insulation materials market.
Demand is broken down for the five most important insulation types both in millions of cubic meters and in 1,000 tonnes:
- EPS (expandable polystyrene)
- XPS (extruded polystyrene)
- PUR/PIR (polyurethane/polyisocyanurate)
- Glass wool
- Stone wool
These construction segments are differentiated:
- Residential construction
- Commercial construction
- New construction
- Renovation
Chapter 3 presents company profiles of the most important insulation material manufacturers – clearly arranged according to contact details, revenues, net income, product range, production sites, profile summary, as well as product types and application areas. In-depth profiles of the 69 most important producers are given, for example of BASF SE, Compagnie de Saint-Gobain S.A., DuPont de Nemours, Inc., Fletcher Building Ltd., Holcim Ltd., Kingspan Group plc, Owens Corning, Rockwool International A/S, and Standard Industries Inc.
=> This market study exclusively examines building insulation materials. Insulation materials that are used in other sectors, for example in the automotive industry, for appliances, or for industrial process plants, are not covered here.
=> A current market study by Ceresana specifically analyzes the European market for insulation materials. The market study “Biobased Insulation Materials – Europe” is available from Ceresana specifically on insulation products made from wood, cellulose, and other renewable raw materials. Also interesting in this context are current Ceresana market studies on expandable polystyrene (EPS), flame retardants, paints and coatings, adhesives, and various construction products, for example windows, doors, and pipes.
Scope of the Report:
Attributes | Details |
| Base Year | 2023 |
| Trend Period | 2021 – 2033 |
| Forecast Period | 2024 – 2033 |
| Pages | 330 |
| Applications | Residential construction, commercial construction, new construction, renovation |
| Insulation Types | EPS, XPS, PUR/PIR, glass wool, stone wool |
| Company Profiles | BASF, Saint-Gobain, DuPont, Fletcher, Holcim, Kingspan, Owens Corning, Rockwool, and Standard Industries (Selection) |
| Edition | 5th edition |
| Publication | October 2024 |
FAQs
How is the global consumption of insulation materials expected to develop until 2033?
Analysts at Ceresana expect global demand to grow to a total of over 647 million cubic meters by 2033.
Which construction segments are analyzed in this study?
The market report provides data on these applications: residential construction, commercial construction, new construction as well as renovation for 16 countries.
Which insulation types are consumed the most?
More than half of the global demand for insulation materials is currently satisfied by mineral wool, i.e. glass wool and rock wool.
1 Market Data: World and Regions
1.1 World
1.1.1 Demand
1.1.2 Revenues
1.1.3 Production
1.1.4 Demand by Application
1.1.4.1 Residential Construction
1.1.4.2 Commercial Construction
1.1.4.3 New Construction
1.1.4.4 Renovation
1.1.5 Demand by Material Type (in m³)
1.1.5.1 Expandable Polystyrene (EPS)
1.1.5.2 Extruded Polystyrene (XPS)
1.1.5.3 Polyurethane (PUR) & Polyisocyanurate (PIR)
1.1.5.4 Glass Wool
1.1.5.5 Stone Wool
1.1.6 Demand by Material Type (in Tonnes)
1.1.6.1 Expandable Polystyrene (EPS)
1.1.6.2 Extruded Polystyrene (XPS)
1.1.6.3 Polyurethane (PUR) & Polyisocyanurate (PIR)
1.1.6.4 Glass Wool
1.1.6.5 Stone Wool
1.2 Western Europe
1.2.1 Demand
1.2.2 Revenues
1.2.3 Production
1.2.4 Applications and Material Types
1.3 Eastern Europe
1.3.1 Demand
1.3.2 Revenues
1.3.3 Production
1.3.4 Applications and Material Types
1.4 North America
1.4.1 Demand
1.4.2 Revenues
1.4.3 Production
1.4.4 Applications and Material Types
1.5 South America
1.5.1 Demand
1.5.2 Revenues
1.5.3 Production
1.5.4 Applications and Material Types
1.6 Middle East
1.6.1 Demand
1.6.2 Revenues
1.6.3 Production
1.6.4 Applications and Material Types
1.7 Asia-Pacific
1.7.1 Demand
1.7.2 Revenues
1.7.3 Production
1.7.4 Applications and Material Types
1.8 Africa
1.8.1 Demand
1.8.2 Revenues
1.8.3 Production
1.8.4 Applications and Material Types
2 Market Data: Country Profiles
2.1 Western Europe
2.1.1 France
2.1.1.1 Demand and Revenues
2.1.1.2 Production and Trade
2.1.2 Germany
2.1.2.1 Demand and Revenues
2.1.2.2 Production and Trade
2.1.3 Italy
2.1.3.1 Demand and Revenues
2.1.3.2 Production and Trade
2.1.4 Spain
2.1.4.1 Demand and Revenues
2.1.4.2 Production and Trade
2.1.5 United Kingdom
2.1.5.1 Demand and Revenues
2.1.5.2 Production and Trade
2.1.6 Other Western Europe
2.1.6.1 Demand and Revenues
2.1.6.2 Production and Trade
2.2 Eastern Europe
2.2.1 Poland
2.2.1.1 Demand and Revenues
2.2.1.2 Production and Trade
2.2.2 Russia
2.2.2.1 Demand and Revenues
2.2.2.2 Production and Trade
2.2.3 Türkiye
2.2.3.1 Demand and Revenues
2.2.3.2 Production and Trade
2.2.5 Other Eastern Europe
2.2.5.1 Demand and Revenues
2.2.5.2 Production and Trade
2.3 North America
2.3.1 Canada
2.3.1.1 Demand and Revenues
2.3.1.2 Production and Trade
2.3.2 Mexico
2.3.2.1 Demand and Revenues
2.3.2.2 Production and Trade
2.3.3 USA
2.3.3.1 Demand and Revenues
2.3.3.2 Production and Trade
2.4 South America
2.4.1 Brazil
2.4.1.1 Demand and Revenues
2.4.1.2 Production and Trade
2.4.2 Other South America
2.4.2.1 Demand and Revenues
2.4.2.2 Production and Trade
2.5 Asia-Pacific
2.5.1 China
2.5.1.1 Demand and Revenues
2.5.1.2 Production and Trade
2.5.2 India
2.5.2.1 Demand and Revenues
2.5.2.2 Production and Trade
2.5.3 Japan
2.5.3.1 Demand and Revenues
2.5.3.2 Production and Trade
2.5.4 South Korea
2.5.4.1 Demand and Revenues
2.5.4.2 Production and Trade
2.5.5 Other Asia-Pacific
2.5.5.1 Demand and Revenues
2.5.5.2 Production and Trade
3 Company Profiles*
3.1 Western Europe
Austria (2 Producers)
Belgium (3)
Denmark (1)
Germany (8)
Finland (1)
France (2)
Ireland (1)
Luxembourg (1)
Norway (2)
Spain (1)
Switzerland (3)
United Kingdom (1)
3.2 Eastern Europe
Greece (1)
Hungary (1)
Poland (1)
Russia (3)
Türkiye (1)
3.3 North America
Canada (1)
USA (8)
3.4 South America
Brazil (1)
3.5 Asia-Pacific
China (8)
India (2)
Japan (5)
Malaysia (1)
New Zealand (1)
South Korea (3)
Taiwan (1)
Thailand (1)
3.6 Middle East
Iran (1)
Saudi Arabia (1)
United Arab Emirates (1)
3.7 Africa
Egypt (1)
*Note: The profiles are assigned to the country in which the company or holding is headquartered. Profiles also include JVs and subsidiaries.
Graph 1: Global demand from 2021 to 2033 in million m3
Graph 2: Global demand from 2021 to 2033 in million m3 – split by region
Graph 3: Global revenues from 2021 to 2033 in billion USD and billion EUR
Graph 4: Global revenues from 2021 to 2033 in billion USD – split by region
Graph 5: Global revenues from 2021 to 2033 in billion EUR – split by region
Graph 6: Global production from 2021 to 2033 in million m3
Graph 7: Global production from 2021 to 2033 in million m3 – split by region
Graph 8: Global demand from 2021 to 2033 in million m3 – split by application
Graph 9: Global demand in the residential construction segment from 2021 to 2033 in million m3 – split by region
Graph 10: Global demand in the commercial construction segment from 2021 to 2033 in million m3 – split by region
Graph 11: Global demand in the new construction segment from 2021 to 2033 in million m3 – split by region
Graph 12: Global demand in the renovation segment from 2021 to 2033 in million m3 – split by region
Graph 13: Global demand from 2021 to 2033 in million m3 – split by type of insulation material
Graph 14: Global demand for EPS from 2021 to 2033 in million m3 – split by region
Graph 15: Global demand for XPS from 2021 to 2033 in million m3 – split by region
Graph 16: Global demand for PUR/PIR from 2021 to 2033 in million m3 – split by region
Graph 17: Global demand for glass wool from 2021 to 2033 in million m3 – split by region
Graph 18: Global demand for stone wool from 2021 to 2033 in million m3 – split by region
Graph 19: Demand in Western Europe from 2021 to 2033 in million m3
Graph 20: Revenues generated in Western Europe from 2021 to 2033 in billion USD and billion EUR
Graph 21: Production in Western Europe from 2021 to 2033 in million m3
Graph 22: Demand in Western Europe from 2021 to 2033 in million m3 – split by application
Graph 23: Demand in Eastern Europe from 2021 to 2033 in million m3
Graph 24: Revenues generated in Eastern Europe from 2021 to 2033, in billion USD and billion EUR
Graph 25: Production in Eastern Europe from 2021 to 2033 in million m3
Graph 26: Demand in Eastern Europe from 2021 to 2033 in million m3 – split by application
Graph 27: Demand in North America from 2021 to 2033 in million m3
Graph 28: Revenues generated in North America from 2021 to 2033, in billion USD and billion EUR
Graph 29: Production in North America from 2021 to 2033 in million m3
Graph 30: Demand in North America from 2021 to 2033 in million m3 – split by application
Graph 31: Demand in South America from 2021 to 2033 in million m3
Graph 32: Revenues generated in South America from 2021 to 2033, in billion USD and billion EUR
Graph 33: Production in South America from 2021 to 2033 in million m3
Graph 34: Demand in South America from 2021 to 2033 in million m3 – split by application
Graph 35: Demand in Asia-Pacific from 2021 to 2033 in million m3
Graph 36: Revenues generated in Asia-Pacific from 2021 to 2033, in billion USD and billion EUR
Graph 37: Production in Asia-Pacific from 2021 to 2033 in million m3
Graph 38: Demand in Asia-Pacific from 2021 to 2033 in million m3 – split by application
Graph 39: Demand in the Middle East from 2021 to 2033 in million m3
Graph 40: Revenues generated in the Middle East from 2021 to 2033, in billion USD and billion EUR
Graph 41: Production in the Middle East from 2021 to 2033 in million m3
Graph 42: Demand in the Middle East from 2021 to 2033 in million m3 – split by application
Graph 43: Demand in Africa from 2021 to 2033 in million m3
Graph 44: Revenues generated in Africa from 2021 to 2033, in billion USD and billion EUR
Graph 45: Production in Africa from 2021 to 2033 in million m3
Graph 46: Demand in Africa from 2021 to 2033 in million m3 – split by application
Graph 47: Demand in France from 2021 to 2033 in million m3
Graph 48: Production in France from 2021 to 2033 in million m3
Graph 49: Demand in Germany from 2021 to 2033 in million m3
Graph 50: Production in Germany from 2021 to 2033 in million m3
Graph 51: Demand in Italy from 2021 to 2033 in million m3
Graph 52: Production in Italy from 2021 to 2033 in million m3
Graph 53: Demand in Spain from 2021 to 2033 in million m3
Graph 54: Production in Spain from 2021 to 2033 in million m3
Graph 55: Demand in the United Kingdom from 2021 to 2033 in million m3
Graph 56: Production in the United Kingdom from 2021 to 2033 in million m3
Graph 57: Demand in Other Western Europe from 2021 to 2033 in million m3
Graph 58: Production in Other Western Europe from 2021 to 2033 in million m3
Graph 59: Demand in Poland from 2021 to 2033 in million m3
Graph 60: Production in Poland from 2021 to 2033 in million m3
Graph 61: Demand in Russia from 2021 to 2033 in million m3
Graph 62: Production in Russia from 2021 to 2033 in million m3
Graph 63: Demand in Türkiye from 2021 to 2033 in million m3
Graph 64: Production in Türkiye from 2021 to 2033 in million m3
Graph 65: Demand in Other Eastern Europe from 2021 to 2033 in million m3
Graph 66: Production in Other Eastern Europe from 2021 to 2033 in million m3
Graph 67: Demand in Canada from 2021 to 2033 in million m3
Graph 68: Production in Canada from 2021 to 2033 in million m3
Graph 69: Demand in Mexico from 2021 to 2033 in million m3
Graph 70: Production in Mexico from 2021 to 2033 in million m3
Graph 71: Demand in the USA from 2021 to 2033 in million m3
Graph 72: Production in the USA from 2021 to 2033 in million m3
Graph 73: Demand in Brazil from 2021 to 2033 in million m3
Graph 74: Production in Brazil from 2021 to 2033 in million m3
Graph 75: Demand in Other South America from 2021 to 2033 in million m3
Graph 76: Production in Other South America from 2021 to 2033 in million m3
Graph 77: Demand in China from 2021 to 2033 in million m3
Graph 78: Production in China from 2021 to 2033 in million m3
Graph 79: Demand in India from 2021 to 2033 in million m3
Graph 80: Production in India from 2021 to 2033 in million m3
Graph 81: Demand in Japan from 2021 to 2033 in million m3
Graph 82: Production in Japan from 2021 to 2033 in million m3
Graph 83: Demand in South Korea from 2021 to 2033 in million m3
Graph 84: Production in South Korea from 2021 to 2033 in million m3
Graph 85: Demand in Other Asia-Pacific from 2021 to 2033 in million m3
Graph 86: Production in Other Asia-Pacific from 2021 to 2033 in million m3
Graph 1: Global demand from 2021 to 2033 in million m3
Graph 2: Global demand from 2021 to 2033 in million m3 – split by region
Graph 3: Global revenues from 2021 to 2033 in billion USD and billion EUR
Graph 4: Global revenues from 2021 to 2033 in billion USD – split by region
Graph 5: Global revenues from 2021 to 2033 in billion EUR – split by region
Graph 6: Global production from 2021 to 2033 in million m3
Graph 7: Global production from 2021 to 2033 in million m3 – split by region
Graph 8: Global demand from 2021 to 2033 in million m3 – split by application
Graph 9: Global demand in the residential construction segment from 2021 to 2033 in million m3 – split by region
Graph 10: Global demand in the commercial construction segment from 2021 to 2033 in million m3 – split by region
Graph 11: Global demand in the new construction segment from 2021 to 2033 in million m3 – split by region
Graph 12: Global demand in the renovation segment from 2021 to 2033 in million m3 – split by region
Graph 13: Global demand from 2021 to 2033 in million m3 – split by type of insulation material
Graph 14: Global demand for EPS from 2021 to 2033 in million m3 – split by region
Graph 15: Global demand for XPS from 2021 to 2033 in million m3 – split by region
Graph 16: Global demand for PUR/PIR from 2021 to 2033 in million m3 – split by region
Graph 17: Global demand for glass wool from 2021 to 2033 in million m3 – split by region
Graph 18: Global demand for stone wool from 2021 to 2033 in million m3 – split by region
Graph 19: Demand in Western Europe from 2021 to 2033 in million m3
Graph 20: Revenues generated in Western Europe from 2021 to 2033 in billion USD and billion EUR
Graph 21: Production in Western Europe from 2021 to 2033 in million m3
Graph 22: Demand in Western Europe from 2021 to 2033 in million m3 – split by application
Graph 23: Demand in Eastern Europe from 2021 to 2033 in million m3
Graph 24: Revenues generated in Eastern Europe from 2021 to 2033, in billion USD and billion EUR
Graph 25: Production in Eastern Europe from 2021 to 2033 in million m3
Graph 26: Demand in Eastern Europe from 2021 to 2033 in million m3 – split by application
Graph 27: Demand in North America from 2021 to 2033 in million m3
Graph 28: Revenues generated in North America from 2021 to 2033, in billion USD and billion EUR
Graph 29: Production in North America from 2021 to 2033 in million m3
Graph 30: Demand in North America from 2021 to 2033 in million m3 – split by application
Graph 31: Demand in South America from 2021 to 2033 in million m3
Graph 32: Revenues generated in South America from 2021 to 2033, in billion USD and billion EUR
Graph 33: Production in South America from 2021 to 2033 in million m3
Graph 34: Demand in South America from 2021 to 2033 in million m3 – split by application
Graph 35: Demand in Asia-Pacific from 2021 to 2033 in million m3
Graph 36: Revenues generated in Asia-Pacific from 2021 to 2033, in billion USD and billion EUR
Graph 37: Production in Asia-Pacific from 2021 to 2033 in million m3
Graph 38: Demand in Asia-Pacific from 2021 to 2033 in million m3 – split by application
Graph 39: Demand in the Middle East from 2021 to 2033 in million m3
Graph 40: Revenues generated in the Middle East from 2021 to 2033, in billion USD and billion EUR
Graph 41: Production in the Middle East from 2021 to 2033 in million m3
Graph 42: Demand in the Middle East from 2021 to 2033 in million m3 – split by application
Graph 43: Demand in Africa from 2021 to 2033 in million m3
Graph 44: Revenues generated in Africa from 2021 to 2033, in billion USD and billion EUR
Graph 45: Production in Africa from 2021 to 2033 in million m3
Graph 46: Demand in Africa from 2021 to 2033 in million m3 – split by application
Graph 47: Demand in France from 2021 to 2033 in million m3
Graph 48: Production in France from 2021 to 2033 in million m3
Graph 49: Demand in Germany from 2021 to 2033 in million m3
Graph 50: Production in Germany from 2021 to 2033 in million m3
Graph 51: Demand in Italy from 2021 to 2033 in million m3
Graph 52: Production in Italy from 2021 to 2033 in million m3
Graph 53: Demand in Spain from 2021 to 2033 in million m3
Graph 54: Production in Spain from 2021 to 2033 in million m3
Graph 55: Demand in the United Kingdom from 2021 to 2033 in million m3
Graph 56: Production in the United Kingdom from 2021 to 2033 in million m3
Graph 57: Demand in Other Western Europe from 2021 to 2033 in million m3
Graph 58: Production in Other Western Europe from 2021 to 2033 in million m3
Graph 59: Demand in Poland from 2021 to 2033 in million m3
Graph 60: Production in Poland from 2021 to 2033 in million m3
Graph 61: Demand in Russia from 2021 to 2033 in million m3
Graph 62: Production in Russia from 2021 to 2033 in million m3
Graph 63: Demand in Türkiye from 2021 to 2033 in million m3
Graph 64: Production in Türkiye from 2021 to 2033 in million m3
Graph 65: Demand in Other Eastern Europe from 2021 to 2033 in million m3
Graph 66: Production in Other Eastern Europe from 2021 to 2033 in million m3
Graph 67: Demand in Canada from 2021 to 2033 in million m3
Graph 68: Production in Canada from 2021 to 2033 in million m3
Graph 69: Demand in Mexico from 2021 to 2033 in million m3
Graph 70: Production in Mexico from 2021 to 2033 in million m3
Graph 71: Demand in the USA from 2021 to 2033 in million m3
Graph 72: Production in the USA from 2021 to 2033 in million m3
Graph 73: Demand in Brazil from 2021 to 2033 in million m3
Graph 74: Production in Brazil from 2021 to 2033 in million m3
Graph 75: Demand in Other South America from 2021 to 2033 in million m3
Graph 76: Production in Other South America from 2021 to 2033 in million m3
Graph 77: Demand in China from 2021 to 2033 in million m3
Graph 78: Production in China from 2021 to 2033 in million m3
Graph 79: Demand in India from 2021 to 2033 in million m3
Graph 80: Production in India from 2021 to 2033 in million m3
Graph 81: Demand in Japan from 2021 to 2033 in million m3
Graph 82: Production in Japan from 2021 to 2033 in million m3
Graph 83: Demand in South Korea from 2021 to 2033 in million m3
Graph 84: Production in South Korea from 2021 to 2033 in million m3
Graph 85: Demand in Other Asia-Pacific from 2021 to 2033 in million m3
Graph 86: Production in Other Asia-Pacific from 2021 to 2033 in million m3
