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Technical Insulation Market Share

Report ID: GMI6700
Published Date: Sep 2023
Report Format: PDF

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Technical Insulation Market Share

Some of the major business players operating in the technical insulation market are

Rockwool International A/S
Saint-Gobain
Knauf Insulation
Owens Corning
Armacell
Kingspan Group
Johns Manville
BASF SE
LIsolante K-Flex
Kaimann GmbH
Huntsman Corporation
Fletcher Insulation
Paroc Group
ThermaXX Jackets
Bauder Ltd.

These players focus on strategic partnerships, new product launch & commercialization for market expansion. Furthermore, these players are heavily investing in research that allows them to introduce innovative products and garner maximum revenue in the market.

Authors: Avinash Singh, Sunita Singh

Frequently Asked Questions (FAQ) :

Market size for technical insulation was valued at over USD 8.51 Billion in 2023 and is estimated to reach USD 12.85 Billion by the end of 2032, favored by the stringent building energy codes and regulations for improved insulation to enhance energy efficiency in buildings.

HVAC Systems held a dominant market share of around 35% in 2022 and is expected to grow at a lucrative pace through 2032 as insulation on HVAC systems and ducts prevents energy loss during air distribution, optimizing heating and cooling efficiency.

U.S. technical insulation industry was worth USD 1.7 Billion in 2022 and is anticipated to expand at a significant pace from 2023 to 2032, backed by the stringent building codes and energy regulations in the region.

Rockwool International A/S, Saint-Gobain, Knauf Insulation, Owens Corning, Armacell, Kingspan Group, Johns Manville, BASF SE, LIsolante K-Flex, Kaimann GmbH, Huntsman Corporation, Fletcher Insulation, Paroc Group, ThermaXX Jackets, Bauder Ltd. among others.