United States Thermal Insulation Market 2025 | Growth Drivers, Key Players & Investment Opportunities

Market Szie and Growth

Global Thermal Insulation Market reached USD 68.9 billion in 2022 and is expected to reach USD 119.5 billion by 2031, growing with a CAGR of 6.2% during the forecast period 2024-2031.

Key Development:

United States: Recent Industry Developments

✅ In June 2025, the U.S. Department of Energy (DOE) announced an additional funding of USD 240 million for energy-retrofit programs targeting public and low-income housing, which include major thermal-insulation upgrades to improve energy efficiency.

✅ In April 2025, Saint-Gobain expanded its North American PIR insulation capacity by adding a new production line at its Celotex network to meet the growing demand for high-performance building envelope materials.

✅ In March 2025, Armacell Americas introduced its ultra-low smoke density insulation product "ArmaFlex Ultima" in North America - offering enhanced fire-safety, indoor air quality, and energy efficiency for commercial and industrial applications.

Japan: Recent Industry Developments

✅ In July 2025, Mitsubishi Heavy Industries Thermal Systems began testing an underground Aquifer Thermal Energy Storage (ATES) system in Osaka. The system stores cold water from renewable energy sources and uses advanced insulation to enhance energy-saving performance.

✅ In January 2025, Japanese start-up Thermalytica announced its nano-scale insulation technology (TIISA), featuring exceptionally low thermal conductivity for use in extreme-temperature environments and advanced industrial applications.

Get a Free Sample PDF Of This Report (Get Higher Priority for Corporate Email ID):- https://www.datamintelligence.com/download-sample/thermal-insulation-market?sb

Recent Mergers and acquisitions:

Recent Mergers and Acquisitions in the Thermal Insulation Industry

✅ In October 2025, TopBuild Corporation acquired Specialty Products & Insulation (SPI) for about US $1 billion in cash. The acquisition strengthens TopBuild's position in the U.S. insulation and building-products market, expanding its portfolio of high-performance thermal solutions.

✅ In July 2025, Finnfoam Group (Finland) completed the acquisition of the "Phonotherm" business of BOSIG Baukunststoffe GmbH (Germany) through its subsidiary Warmotech GmbH. The deal brings advanced insulation materials and a skilled workforce under Finnfoam's European operations.

✅ In March 2025, NetZero Bidco Limited, a subsidiary of Waterland Private Equity Investments B.V., finalized the acquisition of Hometherm Insulation Limited (Ireland). This move enhances Waterland's footprint in sustainable insulation and energy-efficient building materials across Europe.

✅ In March 2025, ECP Tactical Opportunities, a Slovenian investment firm, acquired Odenwald-Chemie GmbH (Germany), a specialist in acoustic and thermal insulation materials for the automotive sector. The deal aims to boost innovation and expansion in high-performance industrial insulation applications.

Key Players:

=> Johns Manville Corporation, Saint-Gobain S.A., BASF SE, Kingspan Group plc, Knauf Insulation, Inc., Owens Corning, Huntsman Corporation, Rockwool International A/S, Firestone Building Products Company and Cabot Corporation.

Growth Forecast Projected:

The Global Thermal Insulation Market is anticipated to rise at a considerable rate during the forecast period, between 2024 and 2031. In 2023, the market is growing at a steady rate, and with the rising adoption of strategies by key players, the market is expected to rise over the projected horizon.

Research Process:

Both primary and secondary data sources have been used in the global Thermal Insulation Market research report. During the research process, a wide range of industry-affecting factors are examined, including governmental regulations, market conditions, competitive levels, historical data, market situation, technological advancements, upcoming developments, in related businesses, as well as market volatility, prospects, potential barriers, and challenges.

Purchase this report before year-end and unlock an exclusive 30% discount: https://www.datamintelligence.com/buy-now-page?report=thermal-insulation-market?sb (Purchase 2 or more Repots and get 50% Discount)

Key Segments:

➥ By Product: Cellular Material, Fibrous Material, Granular Material

➥ By Temperature Range: -160°C to -50°C, -49°C to 0°C, 1°C to 100°C, 101°C to 650°C

➥ By Material: Stone Wool, Glass Wool, Plastic, Others

➥ By End-User: Building & Construction, Oil & Gas, Aerospace & Aviation, Mechanical Systems, Clothing, Automotive, Industrial, Others

➥ By Application: Roof Insulation, Wall Insulation, Floor Insulation

Regional Analysis for Thermal Insulation Market:

⇥ North America (U.S., Canada, Mexico)

⇥ Europe (U.K., Italy, Germany, Russia, France, Spain, The Netherlands and Rest of Europe)

⇥ Asia-Pacific (India, Japan, China, South Korea, Australia, Indonesia Rest of Asia Pacific)

⇥ South America (Colombia, Brazil, Argentina, Rest of South America)

⇥ Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)

Benefits of the Report:

Chapter 1: Sets the stage by outlining the report's coverage, summarizing key market segments by region, product type, and application. Presents a snapshot of market sizes, growth potential across segments, and anticipated industry evolution both short and long term.

Chapter 2: Highlights pivotal market insights and uncovers the most significant emerging trends driving change within the industry.

Chapter 3: Offers an in-depth look at the competitive landscape among Thermal Insulation producers, including revenue shares, strategic moves, and recent mergers and acquisitions.

Chapter 4: Presents comprehensive profiles of the market's key players, delving into details such as revenue, profit margins, product portfolios, and company milestones.

Chapters 5 & 6: Analyze Thermal Insulation revenue at both regional and country levels, providing quantitative breakdowns of market sizes, growth opportunities, and development prospects worldwide.

Chapter 7: Focuses on different market segments by type, examining their individual sizes and potential, guiding readers toward high-impact, untapped market areas.

Chapter 8: Explores segmentation by application, evaluating industry growth potential in various downstream markets and pinpointing promising sectors for expansion.

Chapter 9: Provides a thorough review of the industry's supply chain mapping out both upstream and downstream activities.

Chapter 10: Concludes with a summary of the report's key findings and highlights the most critical takeaways for industry stakeholders.

Speak to Our Analyst and Get Customization in the report as per your requirements: https://www.datamintelligence.com/customize/thermal-insulation-market?sb

FAQ

What is the current size of the Thermal Insulation Market?

A: In 2022, the Thermal Insulation Market was valued at USD 68.9 billion, reflecting its strong industry presence.

Q2: How large is the Thermal Insulation Market expected to be by 2031?

A: By 2031, industry forecasts suggest the Thermal Insulation Market will grow to around USD 119.5 billion, demonstrating significant expansion.

Q3: What is the growth rate of the Thermal Insulation Market?

A: The market is projected to expand at a compound annual growth rate (CAGR) of 6.2% during the forecast period from 2024 to 2031.

Unlock 360° Market Intelligence with DataM Subscription Services: https://www.datamintelligence.com/reports-subscription?sb

Power your decisions with real-time competitor tracking, strategic forecasts, and global investment insights all in one place.

✅ Competitive Landscape
✅ Sustainability Impact Analysis
✅ KOL / Stakeholder Insights
✅ Unmet Needs & Positioning, Pricing & Market Access Snapshots
✅ Market Volatility & Emerging Risks Analysis
✅ Quarterly Industry Report Updated
✅ Live Market & Pricing Trends
✅ Import-Export Data Monitoring

Have a look at our Subscription Dashboard: https://www.youtube.com/watch?v=x5oEiqEqTWg?sb

Contact Us -

Company Name: DataM Intelligence
Contact Person: Sai Kiran
Email: Sai.k@datamintelligence.com
Phone: +1 877 441 4866
Website: https://www.datamintelligence.com

About Us -

DataM Intelligence is a Market Research and Consulting firm that provides end-to-end business solutions to organizations from Research to Consulting. We, at DataM Intelligence, leverage our top trademark trends, insights and developments to emancipate swift and astute solutions to clients like you. We encompass a multitude of syndicate reports and customized reports with a robust methodology.

Our research database features countless statistics and in-depth analyses across a wide range of 6300+ reports in 40+ domains creating business solutions for more than 200+ companies across 50+ countries; catering to the key business research needs that influence the growth trajectory of our vast clientele.

This release was published on openPR.