United States Industrial Insulation Market 2025: Industry Developments, Future Growth, Share & Industry Insights | Kingspan Group PLC, Rockwool Group, Owens Corning, Saint Gobain, Knauf Insulation, Armacell Global

Global Industrial Insulation Market is estimated to reach at a CAGR of 4.85 % during the forecast period 2024-2031.

According to DataM Intelligence Comprehensive Report has released its latest report on the "Industrial Insulation Market Size 2025," providing a detailed analysis of market trends, key growth drivers, competitive landscape, and regional insights. The report includes market size (value and volume), CAGR projections, and emerging opportunities that help businesses identify growth areas and build effective strategies. Backed by data-driven insights and future outlook, this study serves as a valuable resource for companies looking to stay competitive and capitalize on market potential.

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Industry Developments:

✅ 2025‐02‐03: Carlisle Companies Incorporated completed the acquisition of ThermaFoam, a Texas‐based expanded polystyrene insulation products manufacturer.

✅ 2025‐04‐29: Knauf Insulation, Inc. launched its expanded Performance+® pipe & tank fiberglass insulation product lines - these are formaldehyde‐free and certified asthma/allergy friendly.

✅ 2025‐05‐15: Carlisle Companies announced an agreement to acquire Bonded Logic, Inc. (assets) - a sustainable thermal/acoustical insulation manufacturer - reinforcing its insulation portfolio and energy‐efficiency ambitions.

✅ 2025‐10‐08: TopBuild Corp. announced (and closed) the acquisition of Specialty Products & Insulation ("SPI"), a mechanical insulation solutions distributor/fabricator, in an all‐cash deal valued at approx. US$1 billion.

✅ 2025‐06‐23: Armacell inaugurated a new aerogel insulation plant in Pune, India, to manufacture its next‐generation "ArmaGel XG" blankets (for industrial insulation applications) and doubled its aerogel blanket capacity.

✅ 2025‐04‐22: Neo Thermal Insulation Pvt Ltd (India) announced its partnership with the Roof India Exhibition 2025, to showcase its thermal insulation solutions for industrial and commercial applications.

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Key Segments:

By Form (Pipe, Blanket, Board, Others)

By Material (Stone Wool, Cellular Glass, Foamed Plastic, Glass Wool, CMS fiber, Calcium Silicate, Others)

By Application (Power Generation, Petrochemical & Refineries, EIP Industries, LNG/LPG, Others)

By End-User (Power, Oil & Gas, Chemical & Petrochemical, Cement, Food & Beverage, Others)

By Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa)

Market Geographical Share

North America: North America holds a significant share of the industrial insulation market due to extensive industrial activities and a focus on energy-efficient infrastructure. The U.S. and Canada are leading contributors, driven by investments in oil & gas, power plants, and chemical processing units.

Europe: Europe remains a key market with widespread adoption of sustainable insulation solutions. Countries like Germany, the UK, and France are investing in industrial insulation to reduce energy consumption and comply with carbon emission regulations.

Asia-Pacific: The Asia-Pacific region is expected to experience the fastest growth, fueled by rapid industrialization, urbanization, and the expansion of the manufacturing sector in countries like China, India, and Japan. The rising demand for thermal and acoustic insulation solutions across industries is a major contributor.

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Market Drivers:

✅ Energy Efficiency Regulations: Growing global emphasis on energy conservation is compelling industries to adopt advanced insulation materials, which help reduce heat loss, lower energy consumption, and minimize operational costs.

✅ Industrial Expansion: The rise in industrial activities, particularly in emerging economies, is creating demand for insulation solutions that can withstand high temperatures and harsh operating conditions.

✅ Technological Advancements: Innovations in insulation materials, such as aerogels, mineral wool, and advanced composites, are improving thermal resistance, durability, and fire safety, making them attractive for diverse industrial applications.

✅ Rising Construction and Infrastructure Projects: The global surge in industrial construction and retrofitting projects is creating opportunities for insulation manufacturers to provide efficient solutions for pipelines, storage tanks, and industrial facilities.

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Major Key Player: Kingspan Group PLC, Rockwool Group, Owens Corning, Saint Gobain, Knauf Insulation, Armacell Global SA, Johns Manville, Nichias Corporation, Insulcon BV and Promat (ETEX Group).

✅ Kingspan Group PLC: Active in industrial insulation among its broader insulation and building‐systems business; identified among the major players in industrial insulation reports.

✅ Rockwool Group: Holds around 12‐16% of the global mineral wool insulation market (which overlaps strongly with industrial insulation) in recent estimates.

✅ Owens Corning: Identified among the global leaders in industrial insulation; in mineral wool market estimates holds approximately 8‐12% share.

✅ Saint‐Gobain: Via its insulation business (including ISOVER) is listed among the key industrial insulation players; in mineral wool market holds ~6‐10% share.

✅ Knauf Insulation: In the mineral wool insulation market estimated at ~3‐7% share; recognised among the industrial insulation players.

✅ Armacell International SA: While more focused on flexible and technical insulation, it is listed as a major player in industrial/technical insulation markets.

✅ Johns Manville: Included in major‐player listings for industrial insulation and mineral wool segments; in mineral wool market estimated at ~4‐8%.

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