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The insulation market was USD 65.9 billion in 2022, which will increase to USD 117.4 billion, growing at a 7.5% compound annual growth rate, by 2030.

The other reasons supporting the expansion of this industry include the high need for thermal and acoustic insulation, coupled with the rising funding in the construction industry.


Aircraft insulation is attained to improve the level of safety and comfort inside the aircraft. It has a key role in protecting crews and passengers against very low temperatures at higher altitudes. Also, it offers protection against engine noise and the aircraft insulation is employed to enhance acoustic, anti-vibration, thermal protection, electrical insulation, and fire-resistance properties.

Furthermore, EPS insulation is budget-friendly and is produced with 98% air and 2% polystyrene. As still air is the most ideal thermal insulator, EPS is an outstanding insulation material.


The glass wool category accounted for the second largest share, because of the inexpensiveness, better life span, being non-hazardous to health, and easy accessibility.

APAC accounts for the leading position in the industry, and it is likely to remain leading, generating more than USD 50 billion, by the end of this decade. This can be primarily because of the surging populace, which subsequently boosts the need for industrial and commercial construction.


The increasing production of oil in China and India, rising worries about substantial energy wastage, and the surging need for materials in renovation and refurbishing also boost the industry expansion.


North America was the second-largest contributor to the industry. This can be ascribed to the advancing construction industry as well as the stringent government rules for enhancing energy efficiency.


With the rising consciousness concerning energy conservation, the insulation industry will progress continuously in the coming years.