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Fireproof Insulation Market Share

Report ID: GMI1295
Published Date: Nov 2024
Report Format: PDF

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Fireproof Insulation Market Share

Fireproof Insulation Company Market Share Analysis, (2023)

The fireproof insulation industry showcases a competitive landscape teeming with a mix of players, from multinational giants to regional manufacturers and specialized niche companies. Predominantly fragmented, the market sees major players like Rockwool International A/S, Saint-Gobain ISOVER, BASF, Kingspan Group, and Huntsman International LLC. These companies command significant market shares, bolstered by their vast product portfolios and robust brand recognition. The surge of e-commerce has broadened online sales channels, allowing brands to tap into wider audiences and boost customer engagement via digital marketing.

Fireproof Insulation Market Companies

Major players operating in the fireproof insulation industry are:

Armacell
BASF
Fletcher Insulation
Huntsman International LLC
Isover (a division of Saint-Gobain)
Johns Manville
Kingspan Group
Knauf Insulation
Morgan Advanced Materials
Owens Corning
Pittsburg Corning
Promat International (Etex Group)
Rockwool International A/S
Saint-Gobain ISOVER
Thermafiber

Authors: Avinash Singh, Sunita Singh

Frequently Asked Questions (FAQ) :

The market size of fireproof insulation reached USD 33.8 billion in 2023 and is set to grow at a CAGR of over 3.8% from 2024 to 2032, driven by increasing environmental awareness and sustainability efforts.

The construction segment held around 43% of the total market share in 2023 and is anticipated to grow at a CAGR of 4.1% during the forecast period, propelled by increased consumer awareness of fire safety in residential construction.

The U.S. market was valued at USD 10.2 billion in 2023 and is estimated to grow at a CAGR of around 4.2% from 2024 to 2032, led by stringent building codes and standards set by the International Building Code (IBC) and the National Fire Protection Association (NFPA).

The key players in the industry include Armacell, BASF, Fletcher Insulation, Huntsman International LLC, Isover (a division of Saint-Gobain), Johns Manville, Kingspan Group, Knauf Insulation, Morgan Advanced Materials, Owens Corning, Pittsburg Corning, Promat International (Etex Group), Rockwool International A/S, Saint-Gobain ISOVER, and Thermafiber.