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Energy-Efficient Materials Market Share

Report ID: GMI12350
Published Date: Nov 2024
Report Format: PDF

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Energy-Efficient Materials Market Share

In 2023, key companies like Owens Corning, Johns Manville, Knauf insulation, Rockwool, etc. held a combined market share of 10-15%. These companies are actively engaging in mergers, acquisitions, facility expansions, and collaborations to enhance their product portfolios, reach more customers, and strengthen their market positions.

Companies are heavily investing in research and development to develop advanced materials that align with the changing and evolving industry’s needs and preferences. Competitive strategies frequently center on product differentiation, where manufacturers augment their offerings with distinctive features, and geographic expansion to penetrate emerging markets. In this dynamic environment, companies that adeptly innovate and respond to market trends are poised for the most significant growth.

Energy-Efficient Materials Market Companies

Major players operating in the energy-efficient materials industry are:

3B-The Fiberglass Company
AGC Glass
Alleguard
Isolatek International
Johns Manville
Jushi Group
Knauf Insulation
Nippon
NSG Group
Owens Corning
PPG Industries
Rockwool
Saint-Gobain

Authors: Avinash Singh , Sunita Singh

Frequently Asked Questions (FAQ) :

The market size of energy-efficient materials reached USD 14.8 billion in 2023 and is set to grow at a CAGR of over 8.6% from 2024 to 2032, driven by rising global energy prices.

The building & construction segment held around 39% of the total market share in 2023 and is anticipated to grow at a CAGR of 9.2% up to 2032, propelled by the proliferation of smart home and building technologies.

The U.S. market was valued at around USD 3.36 billion in 2023 and is projected to grow at a CAGR of over 8.5% through 2032, led by rising energy prices and the shift towards renewable energy.

The key players in the industry include 3B-The Fiberglass Company, AGC Glass, Alleguard, Isolatek International, Johns Manville, Jushi Group, Knauf Insulation, Nippon, NSG Group, Owens Corning, PPG Industries, Rockwool, and Saint-Gobain.