Rising residential construction in North America and Europe, which is expected to create new market opportunities in the coming years.

WILMINGTON, DE, UNITED STATES, November 26, 2025 /EINPresswire.com/ -- Allied Market Research has released a comprehensive report titled “Insulation Materials Market by Type (Mineral Wool, Polyurethane Foam, Polyethylene, Polyvinyl Chloride, Expanded Polystyrene, Extruded Polystyrene, and Others) and Application (Residential Construction, HVAC & OEM, Non-Residential, Wires & Cables, Automotive, Oil & Gas, and Others): Global Opportunity Analysis and Industry Forecast, 2021–2030.”

According to the study, the global insulation materials market generated $61.6 billion in 2020 and is projected to reach $101.9 billion by 2030, registering a CAGR of 5.2% from 2021 to 2030.

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Key Market Drivers

Growth of the insulation materials market is primarily fueled by:

- Expanding construction activities, especially in emerging economies.
- Rapid urbanization and industrialization, leading to increased demand across residential, commercial, and industrial applications.
- Rising residential construction in North America and Europe, which is expected to create new market opportunities in the coming years.

Segment Highlights:-

By Type:

- Polyurethane Foam dominated the market in 2020, accounting for nearly two-fifths of global revenue. Its versatility in forming laminated insulation panels with various facings drives its strong adoption.
- Expanded Polystyrene (EPS) is expected to grow the fastest, recording a CAGR of 7.4% during 2021–2030.

By Application:

- Wires and Cables led the market in 2020, contributing to over two-fifths of total revenue, driven by its essential role in electrical separation and physical protection of conductors.
- The HVAC & OEM segment is forecasted to grow the fastest, with a CAGR of 6.7%, supported by rising applications in industrial and commercial systems.

egional Insights

Asia-Pacific, followed by Europe and North America, held the largest market share in 2020, accounting for more than two-fifths of global revenue.

The Asia-Pacific region is also expected to experience the fastest growth (CAGR: 6.5%) through 2030, driven by rising demand from automotive, construction, and electrical applications.

Key Market Players:-

Major companies operating in the global insulation materials market include:

- BASF SE
- Bayer AG
- Saint-Gobain S.A.
- Rockwool International
- Huntsman Corporation
- Atlas Roofing Corporation
- Bridgestone
- Evonik Industries AG
- GAF Materials Corporation
- Kingspan Group PLC
- The Dow Chemical Company

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About Us

Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

Pawan Kumar, the CEO of Allied Market Research, is leading the organization toward providing high-quality data and insights. We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

David Correa
Allied Market Research
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