Who are the key players in Global Thermal Insulation Material industry?

The top five players in the Global Thermal Insulation Material industry are Owens Corning, Saint-Gobain S.A., Kingspan Group PLC, Rockwool International A/S, and BASF SE. These companies are known for their wide product portfolios, global presence, steady investments in R&D, and innovation in sustainable and high-performance insulation solutions.

What is the Global Thermal Insulation Material growth?

The Global Thermal Insulation Material market is experiencing robust growth, driven by rising demand for energy-efficient buildings and stricter regulations. For instance, Owens Corning reported a notable increase in revenue in 2023, attributing growth to expansion in the construction sector and adoption of high-performance insulation materials.

Which segment accounted for the largest Global Thermal Insulation Material share?

The building & construction segment accounted for the largest share in the Global Thermal Insulation Material market. This dominance is due to increasing urbanization, stringent energy efficiency standards in residential and commercial properties, and a growing focus on reducing operational energy costs across developed and emerging regions.

What are the factors driving the Global Thermal Insulation Material?

Key drivers include emphasis on energy savings, government incentives, rising demand for green buildings, and increased renovation of existing infrastructure. For example, Saint-Gobain’s investments in sustainable insulation products address eco-friendly building trends and regulatory pressures for improved energy efficiency.

Which type accounted for the largest Global Thermal Insulation Material share?

Fiberglass insulation holds the largest market share among thermal insulation material types. Its popularity stems from cost-effectiveness, versatility, and strong thermal performance, which make it a preferred choice for both residential and commercial construction. Companies like Owens Corning continue to dominate this segment with innovative fiberglass products.

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Global Thermal Insulation Material Size & Share Analysis - Growth Trends and Forecast (2026 - 2035)

Global Thermal Insulation Material Market: by Type (Glass Wool, Mineral Wool, EPS, XPS, Polyurethane Foam, Calcium Silicate, Aerogel, Cellulose, Others), Application (Building & Construction, Industrial, HVAC, Automotive, Oil & Gas, Others), Distribution Channels (Direct, Indirect, Online, Offline, Distributors, Retailers), Technology (Blanket, Board, Foam, Spray, Panel, Others), Organization Size (Small, Medium, Large) and By Global Historical & Forecast Period (2020-2035) Comprehensive Study 2025

Last Updated: 27-07-2025 | Format: PDF | Report ID:12400

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Key Questions Answered

»What is the market size and growth rate of the global and regional market by various segments?
»What is the market size and growth rate of the market for selective countries?
»Which region or sub-segment is expected to drive the market in the forecast period?
»What factors are estimated to drive and restrain the market growth?
»What are the key technological and market trends shaping the market?
»What are the key opportunities in the market?
»What are the key companies operating in the market?
»Which company accounted for the highest market share?

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Study period:

2020-2035

Base year:

2026

Historical data

2020-2024

NO OF PAGE:

167

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