Industrial Insulation Market 2025-20231 Emerging Trends in Industry Dynamics, Size Insights and Future Growth

The region is also projected to register the fastest CAGR of 6.4% through 2031, driven by booming industrialization and infrastructure development.

WILMINGTON, DE, UNITED STATES, July 30, 2025 /EINPresswire.com/ -- The global industrial insulation market is witnessing significant growth due to rising demand for energy efficiency, enhanced equipment performance, and the expansion of industrial, construction, and infrastructure sectors worldwide. According to a report by Allied Market Research, the market was valued at $7.8 billion in 2021 and is projected to reach $12.7 billion by 2031, growing at a CAGR of 5.1% from 2022 to 2031.

𝐃𝐨𝐰𝐧𝐥𝐨𝐚𝐝 𝐒𝐚𝐦𝐩𝐥𝐞 𝐏𝐚𝐠𝐞𝐬 𝐨𝐟 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡 𝐎𝐯𝐞𝐫𝐯𝐢𝐞𝐰: https://www.alliedmarketresearch.com/request-sample/A15929

Key Drivers:

- Growing emphasis on enhancing equipment efficiency and process performance across industries.
- Rising demand for energy conservation in industrial operations.
- Surge in construction, industrial, and infrastructure activities globally.

Opportunities:

- Expansion of the building and construction sector presents lucrative growth opportunities.

Restraints:

- High installation costs of industrial insulation materials may hinder market adoption in cost-sensitive regions.

Segment Analysis:

By Material:

- Largest Share (2021): Mineral Wool Insulation – Over 40% of market share.
- Fastest Growing: Plastic Foam – Expected to grow at a CAGR of 6.4%.

By Form:

- Leading Segment: Pipe Insulation – Nearly 50% share in 2021 and highest projected CAGR of 5.4%.
- Other forms analyzed: Blanket and Board.

By End-use Industry:

- Largest Segment: Oil & Gas – Held around one-third of the global market in 2021.
- Other industries: Power, Cement, Food & Beverage, Chemical & Petroleum.

Regional Insights:

- Asia-Pacific held the largest market share in 2021, accounting for over 40% of global revenue.
- The region is also projected to register the fastest CAGR of 6.4% through 2031, driven by booming industrialization and infrastructure development.
- Regions covered: North America, Europe, Asia-Pacific, and LAMEA.

Key Market Players:

- Armacell International SA
- BASF SE
- Cabot Corporation
- Johns Manville
- Kingspan Group PLC
- Knauf Insulation
- Nichias Corporation
- NMC Group
- Owens Corning
- Polyguard Materials Inc.
- Promat
- Rockwool Group
- Saint-Gobain
- Solvay
- Thomas Insulation Corporation

These players are adopting strategies such as product launches, collaborations, regional expansions, and joint ventures to strengthen their market presence and gain a competitive edge.

𝐖𝐚𝐧𝐭 𝐭𝐨 𝐀𝐜𝐜𝐞𝐬𝐬 𝐭𝐡𝐞 𝐒𝐭𝐚𝐭𝐢𝐬𝐭𝐢𝐜𝐚𝐥 𝐃𝐚𝐭𝐚 𝐚𝐧𝐝 𝐆𝐫𝐚𝐩𝐡𝐬, 𝐊𝐞𝐲 𝐏𝐥𝐚𝐲𝐞𝐫𝐬' 𝐒𝐭𝐫𝐚𝐭𝐞𝐠𝐢𝐞𝐬: https://www.alliedmarketresearch.com/industrial-insulation-market/purchase-options

About Us:

Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

Pawan Kumar, the CEO of Allied Market Research, is leading the organization toward providing high-quality data and insights. We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

David Correa
Allied Market Research
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