Press release
2025-2034 OEM Insulation Market Evolution: Disruptions, Innovations, and Untapped Opportunities
OEM Insulation Market
What Is the Expected CAGR for the OEM Insulation Market Through 2025?
In the past few years, the OEM insulation market has experienced significant growth. The market is predicted to rise from $21.81 billion in 2024 to $23.1 billion in 2025, with a compound annual growth rate (CAGR) of 5.9%. Factors contributing to the growth during the historical period include industrial expansion, regulations promoting energy efficiency, sustainability initiatives, temperature control needs, governmental incentives and refunds, and the globalization of manufacturing.
What's the Projected Size of the Global OEM Insulation Market by 2029?
The market for OEM insulation is predicted to witness robust expansion in the imminent years, with a projected valuation of $29.93 billion in 2029 while reflecting a compound annual growth rate (CAGR) of 6.7%. This impressive growth during the forecast period can be linked to multiple factors such as a global shift towards renewable energy, urban development and infrastructure growth, circular economy strategies, demand for noise reduction, and enhanced usage of composite materials. Foreseeable trends during the prediction phase range from strict regulations for energy efficiency and adoption of intelligent insulation technologies, to custom-made solutions, lightweight insulation for vehicular equipment, the integration of insulation into HVAC systems, as well as strategic partnerships and collaborations.
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Top Growth Drivers in the OEM Insulation Industry: What's Accelerating the Market?
The growth of the OEM insulation market is projected to be fueled by the increasing construction of commercial offices and industries. The production of buildings meant for business activities, referred to as the construction of commercial offices and industries, demands advanced insulation materials to slash energy use and operational expenditure. For instance, data from the United States Census Bureau-a federal statistical agency in the US-revealed that industrial construction expenditure in the US totalled $1,762.3 billion in June 2022. Consequently, the OEM insulation market is being boosted by the escalating construction activities for commercial offices and industries.
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What Trends Will Shape the OEM Insulation Market Through 2029 and Beyond?
The trend of technological improvements is becoming increasingly popular in the Original Equipment Manufacturer (OEM) insulation market. In order to solidify their foothold in this competitive space, key businesses invest heavily on the innovation of new technologies. For instance, Energystore, a UK-based insulation products manufacturer, introduced the EnergyStore+ array in March 2023. The range features ecologically friendly insulation solutions built with BASF's Neopor BMB, contributing to the mission of offering high-quality insulation that markedly curbs carbon emissions from buildings. This, in turn, leads to a substantial cut in energy expenses while enhancing comfort levels. The series includes the advanced superbead+ system, an EPS foam bead injection for cavity walls, and the unique TLA+, a blend of EPS foam beads and cement for insulation that can be poured into floors and roofs. The use of renewable sources in the manufacture of these products considerably diminishes their carbon impact relative to conventional Neopor materials.
What Are the Main Segments in the OEM Insulation Market?
The OEM insulation market covered in this report is segmented -
1) By Insulation Type: Blankets, Rolls And Batts, Loose Fill, Other Insulation Types
2) By Material Type: Mineral Wool, Polyurethane Foam (PUF), Flexible Elastomeric Foam (FEF), Other Material Types
3) By End User: Aerospace, Automotive, Marine, HVAC Equipment, Building And Construction, Consumer Appliances, Other End-Users
Subsegments:
1) By Blankets: Fiberglass Blankets, Mineral Wool Blankets, Cotton Blankets
2) By Rolls And Batts: Fiberglass Rolls, Rock Wool Rolls, Cotton Batts
3) By Loose Fill: Cellulose Loose Fill, Fiberglass Loose Fill, Mineral Wool Loose Fill
4) By Other Insulation Types: Spray Foam Insulation, Rigid Foam Insulation, Reflective Or Radiant Barrier Insulation
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Which Top Companies are Driving Growth in the OEM Insulation Market?
Major companies operating in the OEM insulation market are Compagnie de Saint Gobain SA, 3M Company, ALP Group Ltd., Armacell International SA, Aspen Aerogels Inc., Atlas Roofing Corporation, BASF SE, Covestro AG, Evonik Industries AG, Johns Manville Corporation, Knauf Insulation GmbH, Owens Corning Corporation, Rockwool International AS, Scott Manufacturing LLC, Armacell International Holding, CertainTeed Corp., Dow Inc., Fi-Foil Company, Fireshell Ltd., Fitech Engineers Pvt. Ltd., GAF Materials Corporation, GTS Interior Supply Co., Industrial Thermo Polymers Limited, ITW Insulation Systems Inc., Kingspan Group PLC, Knauf Insulation Ltd., Lapolla Industries Inc., Reflectix Inc., Rmax Broadband Pvt. Ltd.
Which Regions Will Dominate the OEM Insulation Market Through 2029?
Asia-Pacific was the largest region in the OEM insulation market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the OE insulation market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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