PUBLISHER: Polaris Market Research | PRODUCT CODE: 1625411
PUBLISHER: Polaris Market Research | PRODUCT CODE: 1625411
The board insulation market size is expected to reach USD 20.22 billion by 2034, according to a new study by Polaris Market Research. The report "Board Insulation Market Share, Size, Trends, Industry Analysis Report: By Material Type, Application (Thermal Insulation, Sound Insulation, Fire Insulation, and Waterproof Insulation), and Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa); Market Forecast, 2025-2034" gives a detailed insight into current market dynamics and provides analysis on future market growth.
The growing focus on fire and moisture resistance in board insulation is driven by stricter building regulations and an increased emphasis on safety in residential, commercial, and industrial buildings. Fire-resistant materials are essential to enhance the safety of structures, especially in high-risk areas such as industrial zones or multi-story buildings. Similarly, moisture-resistant insulation helps prevent mold growth, structural damage, and energy loss, ensuring longer-lasting and more efficient thermal protection. Manufacturers are increasingly developing advanced insulation solutions that meet these needs as building standards become more stringent, particularly in fire and safety protocols.
Sustainability and eco-friendly materials are emerging as the major board insulation market trends due to the growing global focus on reducing environmental impact and improving energy efficiency. Consumers and builders are increasingly prioritizing products made from recycled, natural, or renewable materials, such as cork, mineral wool, and cellulose. These materials enhance thermal performance and contribute to reducing the carbon footprint of buildings, aligning with green building certifications and sustainability goals. As energy-efficient building standards become more stringent and consumers demand more environmentally responsible products, the adoption of eco-friendly insulation materials continues to rise.
By application, the thermal insulation segment is expected to experience growth during the forecast period as a result of the increasing emphasis on energy efficiency and sustainable construction practices.
North America led the board insulation market share in 2024, driven by stringent energy efficiency regulations and a growing demand for sustainable construction materials.
The Asia Pacific board insulation market is projected to expand during the forecast period, fueled by rapid urbanization, industrialization, and infrastructure development in key countries such as China, India, and Japan.
In 2024, based on material type, the polyurethane (PUR) and polyisocyanurate (PIR) boards segment held the largest share of the board insulation market revenue, owing to their superior thermal efficiency, cost-effectiveness, and versatility across various applications.
Huntsman International LLC., BASF, Knauf Insulation, Johns Manville, Saint-Gobain, Lloyd Insulations (India) Limited, DOW, DUNA CORRADINI S.p.A., Rogers Corporation, Owens Corning, and Polybond Insulation Pvt Ltd are a few global key market players.
Polaris Market Research has segmented the board insulation market report on the basis of material type, application, and region:
By Material Type Outlook (Volume, Kilotons; Revenue, USD Billion, 2020-2034)
Polyurethane (PUR) & Polyisocyanurate (PIR) Boards
Extruded Polystyrene (XPS) Board
Expanded Polystyrene (EPS) Boards
Mineral Wool Boards
Cork insulation Boards
By Application Outlook (Volume, Kilotons; Revenue, USD Billion, 2020-2034)
Thermal Insulation
Sound Insulation
Fire Insulation
Waterproof Insulation
By Regional Outlook (Volume, Kilotons; Revenue, USD Billion, 2020-2034)
North America
US
Canada
Europe
Germany
UK
France
Italy
Spain
Russia
Netherlands
Rest of Europe
Asia Pacific
China
India
Japan
South Korea
Indonesia
Malaysia
Australia
Rest of Asia Pacific
Latin America
Argentina
Brazil
Mexico
Rest of Latin America
Middle East & Africa
UAE
Saudi Arabia
Israel
South Africa
Rest of Middle East & Africa
Table 1 Global Board Insulation Market, by Material Type, 2020-2034 (Volume, Kilo Tons; USD billion)
Table 2 Global Board Insulation Market, by Application, 2020-2034 (Volume, Kilo Tons; USD billion)
Table 3 North America: Board Insulation Market, by Material Type, 2020-2034 (Volume, Kilo Tons; USD billion)
Table 4 North America: Board Insulation Market, by Application, 2020-2034 (Volume, Kilo Tons; USD billion)
Table 5 U.S.: Board Insulation Market, by Material Type, 2020-2034 (Volume, Kilo Tons; USD billion)
Table 6 U.S.: Board Insulation Market, by Application, 2020-2034 (Volume, Kilo Tons; USD billion)
Table 7 Canada: Board Insulation Market, by Material Type, 2020-2034 (Volume, Kilo Tons; USD billion)
Table 8 Canada: Board Insulation Market, by Application, 2020-2034 (Volume, Kilo Tons; USD billion)
Table 9 Europe: Board Insulation Market, by Material Type, 2020-2034 (Volume, Kilo Tons; USD billion)
Table 10 Europe: Board Insulation Market, by Application, 2020-2034 (Volume, Kilo Tons; USD billion)
Table 11 UK: Board Insulation Market, by Material Type, 2020-2034 (Volume, Kilo Tons; USD billion)
Table 12 UK: Board Insulation Market, by Application, 2020-2034 (Volume, Kilo Tons; USD billion)
Table 13 France: Board Insulation Market, by Material Type, 2020-2034 (Volume, Kilo Tons; USD billion)
Table 14 France: Board Insulation Market, by Application, 2020-2034 (Volume, Kilo Tons; USD billion)
Table 15 Germany: Board Insulation Market, by Material Type, 2020-2034 (Volume, Kilo Tons; USD billion)
Table 16 Germany: Board Insulation Market, by Application, 2020-2034 (Volume, Kilo Tons; USD billion)
Table 17 Italy: Board Insulation Market, by Material Type, 2020-2034 (Volume, Kilo Tons; USD billion)
Table 18 Italy: Board Insulation Market, by Application, 2020-2034 (Volume, Kilo Tons; USD billion)
Table 19 Spain: Board Insulation Market, by Material Type, 2020-2034 (Volume, Kilo Tons; USD billion)
Table 20 Spain: Board Insulation Market, by Application, 2020-2034 (Volume, Kilo Tons; USD billion)
Table 21 Netherlands: Board Insulation Market, by Material Type, 2020-2034 (Volume, Kilo Tons; USD billion)
Table 22 Netherlands: Board Insulation Market, by Application, 2020-2034 (Volume, Kilo Tons; USD billion)
Table 23 Russia: Board Insulation Market, by Material Type, 2020-2034 (Volume, Kilo Tons; USD billion)
Table 24 Russia: Board Insulation Market, by Application, 2020-2034 (Volume, Kilo Tons; USD billion)
Table 25 Rest of Europe: Board Insulation Market, by Material Type, 2020-2034 (Volume, Kilo Tons; USD billion)
Table 26 Rest of Europe: Board Insulation Market, by Application, 2020-2034 (Volume, Kilo Tons; USD billion)
Table 27 Asia Pacific: Board Insulation Market, by Material Type, 2020-2034 (Volume, Kilo Tons; USD billion)
Table 28 Asia Pacific: Board Insulation Market, by Application, 2020-2034 (Volume, Kilo Tons; USD billion)
Table 29 China: Board Insulation Market, by Material Type, 2020-2034 (Volume, Kilo Tons; USD billion)
Table 30 China: Board Insulation Market, by Application, 2020-2034 (Volume, Kilo Tons; USD billion)
Table 31 India: Board Insulation Market, by Material Type, 2020-2034 (Volume, Kilo Tons; USD billion)
Table 32 India: Board Insulation Market, by Application, 2020-2034 (Volume, Kilo Tons; USD billion)
Table 33 Malaysia: Board Insulation Market, by Material Type, 2020-2034 (Volume, Kilo Tons; USD billion)
Table 34 Malaysia: Board Insulation Market, by Application, 2020-2034 (Volume, Kilo Tons; USD billion)
Table 35 Japan: Board Insulation Market, by Material Type, 2020-2034 (Volume, Kilo Tons; USD billion)
Table 36 Japan: Board Insulation Market, by Application, 2020-2034 (Volume, Kilo Tons; USD billion)
Table 37 Indonesia: Board Insulation Market, by Material Type, 2020-2034 (Volume, Kilo Tons; USD billion)
Table 38 Indonesia: Board Insulation Market, by Application, 2020-2034 (Volume, Kilo Tons; USD billion)
Table 39 South Korea: Board Insulation Market, by Material Type, 2020-2034 (Volume, Kilo Tons; USD billion)
Table 40 South Korea: Board Insulation Market, by Application, 2020-2034 (Volume, Kilo Tons; USD billion)
Table 41 Australia: Board Insulation Market, by Material Type, 2020-2034 (Volume, Kilo Tons; USD billion)
Table 42 Australia: Board Insulation Market, by Application, 2020-2034 (Volume, Kilo Tons; USD billion)
Table 43 Rest of Asia Pacific: Board Insulation Market, by Material Type, 2020-2034 (Volume, Kilo Tons; USD billion)
Table 44 Rest of Asia Pacific: Board Insulation Market, by Application, 2020-2034 (Volume, Kilo Tons; USD billion)
Table 45 Middle East & Africa: Board Insulation Market, by Material Type, 2020-2034 (Volume, Kilo Tons; USD billion)
Table 46 Middle East & Africa: Board Insulation Market, by Application, 2020-2034 (Volume, Kilo Tons; USD billion)
Table 47 Saudi Arabia: Board Insulation Market, by Material Type, 2020-2034 (Volume, Kilo Tons; USD billion)
Table 48 Saudi Arabia: Board Insulation Market, by Application, 2020-2034 (Volume, Kilo Tons; USD billion)
Table 49 UAE: Board Insulation Market, by Material Type, 2020-2034 (Volume, Kilo Tons; USD billion)
Table 50 UAE: Board Insulation Market, by Application, 2020-2034 (Volume, Kilo Tons; USD billion)
Table 51 Israel: Board Insulation Market, by Material Type, 2020-2034 (Volume, Kilo Tons; USD billion)
Table 52 Israel: Board Insulation Market, by Application, 2020-2034 (Volume, Kilo Tons; USD billion)
Table 53 South Africa: Board Insulation Market, by Material Type, 2020-2034 (Volume, Kilo Tons; USD billion)
Table 54 South Africa: Board Insulation Market, by Application, 2020-2034 (Volume, Kilo Tons; USD billion)
Table 55 Rest of Middle East & Africa: Board Insulation Market, by Material Type, 2020-2034 (Volume, Kilo Tons; USD billion)
Table 56 Rest of Middle East & Africa: Board Insulation Market, by Application, 2020-2034 (Volume, Kilo Tons; USD billion)
Table 57 Latin America: Board Insulation Market, by Material Type, 2020-2034 (Volume, Kilo Tons; USD billion)
Table 58 Latin America: Board Insulation Market, by Application, 2020-2034 (Volume, Kilo Tons; USD billion)
Table 59 Mexico: Board Insulation Market, by Material Type, 2020-2034 (Volume, Kilo Tons; USD billion)
Table 60 Mexico: Board Insulation Market, by Application, 2020-2034 (Volume, Kilo Tons; USD billion)
Table 61 Brazil: Board Insulation Market, by Material Type, 2020-2034 (Volume, Kilo Tons; USD billion)
Table 62 Brazil: Board Insulation Market, by Application, 2020-2034 (Volume, Kilo Tons; USD billion)
Table 63 Argentina: Board Insulation Market, by Material Type, 2020-2034 (Volume, Kilo Tons; USD billion)
Table 64 Argentina: Board Insulation Market, by Application, 2020-2034 (Volume, Kilo Tons; USD billion)
Table 65 Rest of Latin America: Board Insulation Market, by Material Type, 2020-2034 (Volume, Kilo Tons; USD billion)
Table 66 Rest of Latin America: Board Insulation Market, by Application, 2020-2034 (Volume, Kilo Tons; USD billion)
List of Figures:
Figure 1. Global Board Insulation Market, 2020-2034 (Volume, Kilo Tons; USD billion)
Figure 2. Integrated Ecosystem
Figure 3. Research Methodology: Top-Down & Bottom-Up Price
Figure 4. Market by Geography
Figure 5. Porter's Five Forces
Figure 6. Market by Material Type
Figure 7. Global Board Insulation Market, by Material Type, 2024 & 2034 (Volume, Kilo Tons; USD billion)
Figure 8. Market by Application
Figure 9. Global Board Insulation Market, by Application, 2024 & 2034 (Volume, Kilo Tons; USD billion)