Cellular Glass Market Size 2025-2029
The cellular glass market size is forecast to increase by USD 137.9 million, at a CAGR of 4.1% between 2024 and 2029.
The global cellular glass market is advancing, largely due to the escalating demand for energy-efficient building materials. This is a response to stricter building codes worldwide, which mandate superior insulation to lower energy consumption. The inherent thermal insulation properties and closed-cell structure of the material make it ideal for these applications. In the wider construction glass market, the use of recycled content is becoming a key differentiator, aligning with sustainability goals. The adoption of cellular glass, especially in its foam glass gravel form, is also increasing in green roof and urban landscaping projects, showcasing its versatility beyond traditional insulation. This trend aligns with the growing focus on sustainable urban development and efficient stormwater management.However, the high initial cost of cellular glass compared to conventional alternatives like mineral wool or polystyrene presents a significant adoption barrier. This is particularly true in cost-sensitive projects where upfront capital expenditure is a primary concern. The material's fragility and the complexities associated with its handling and installation can also increase labor costs and project timelines, posing another challenge. Despite these issues, the material's use in glass blocks and other forms continues to expand. Ongoing innovation within the glass manufacturing market aims to address these limitations by improving material toughness and developing more straightforward installation systems, thereby enhancing its overall value proposition.
What will be the Size of the Cellular Glass Market during the forecast period?

Explore in-depth regional segment analysis with market size data - historical 2019 - 2023 and forecasts 2025-2029 - in the full report.
Request Free Sample
The global cellular glass market's evolution is shaped by the interplay between sustainability mandates and high-performance industrial requirements. Demand for materials with high recycled glass content and that support circular economy principles is converging with the need for reliable cryogenic insulation and fire-resistant insulation in critical infrastructure. The cellular glass market is responding with advancements in production that enhance both environmental credentials and technical properties, influencing the broader construction glass market. These dynamics are creating a shift where lifecycle value and material resilience are increasingly prioritized over initial cost.Ongoing innovations in foaming process technology and the development of specialized lightweight aggregate products are addressing historical challenges related to material brittleness and installation complexity. These advancements are expanding the material's applicability into new areas, such as advanced acoustic dampening and large-scale civil engineering projects. As the glass manufacturing market continues to innovate, the focus is on creating more uniform cell structures to improve thermal performance and mechanical strength, further solidifying cellular glass's position as a premium solution for demanding applications where durability and safety are non-negotiable.
How is this Cellular Glass Industry segmented?
The cellular glass industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in "USD million" for the period 2025-2029, as well as historical data from 2019 - 2023 for the following segments.
- Type
- Product type
- Block and shell
- Foam glass gravel
- End-user
- Construction
- Industrial
- Others
- Geography
- Europe
- UK
- Germany
- France
- Spain
- Italy
- The Netherlands
- North America
- APAC
- China
- Japan
- India
- South Korea
- Australia
- Indonesia
- Middle East and Africa
- South America
- Rest of World (ROW)
By Type Insights
The closed glass segment is estimated to witness significant growth during the forecast period.
The closed glass segment leads the market, defined by its structure of completely sealed individual glass cells. This configuration provides superior moisture impermeability and prevents air ingress, making it the ideal material for environments with high humidity or where condensation control is critical. Its excellent thermal insulation properties and resistance to water vapor transmission are key to its performance. The material's high compressive strength also allows for its use in load-bearing insulation applications, such as foundations and industrial floors.
Growth in this segment is driven by increasingly stringent fire safety regulations and the global emphasis on enhancing building energy efficiency. As a non-combustible material, it contributes significantly to fire protection strategies. The industrial segment, which accounts for over 30% of end-user demand, relies on closed-cell structures for critical applications. Its long lifespan and chemical inertness also align with green building certification requirements, reinforcing its adoption in sustainable construction projects where long-term performance and material stability are paramount.

Request Free Sample
The Closed glass segment was valued at USD 362.40 million in 2019 and showed a gradual increase during the forecast period.

Regional Analysis
North America is estimated to contribute 35.1% to the growth of the global market during the forecast period.Technavio’s analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period.

Request Free Sample
The North America region represents a significant and expanding segment, driven by increasing regulatory pressure for energy efficiency and a strong emphasis on sustainable construction. Evolving building codes in both the United States and Canada mandate higher insulation standards, fueling demand for materials with excellent thermal performance and fire safety attributes. The region's robust industrial activity, particularly in chemical processing and oil and gas, creates consistent demand for high-performance cryogenic insulation. This market is characterized by a sophisticated understanding of building science and material performance.
Green building certifications such as LEED further stimulate the adoption of cellular glass, owing to its recycled content and environmental inertness. The region is projected to contribute to 35.1% of the market's incremental growth, underscoring its importance. Infrastructure development projects, including the use of foam glass gravel as a lightweight fill, also contribute to market expansion. Manufacturers in North America are focused on scaling production and enhancing distribution networks to meet this rising demand from both the construction and industrial sectors.
Market Dynamics
Our researchers analyzed the data with 2024 as the base year, along with the key drivers, trends, and challenges. A holistic analysis of drivers will help companies refine their marketing strategies to gain a competitive advantage.
The global cellular glass market is witnessing significant growth, driven by the increasing need for improving building energy efficiency and the demand for inorganic insulation for fire safety. As a non-combustible building envelope insulation, cellular glass is integral for preventing thermal bridging in walls and is a key component in cellular glass in passive house design. Its versatility is demonstrated through applications such as moisture resistant sub-slab insulation and load-bearing thermal insulation blocks. Furthermore, the market extends to civil engineering with foam glass gravel for road construction and sustainable architecture using lightweight aggregate for green roofs. The material's unique properties also offer benefits in acoustic insulation using cellular glass, making it a comprehensive solution for modern construction challenges.In the industrial sector, the demand for high compressive strength foam glass is escalating, particularly for cellular glass for cryogenic applications and as essential insulation materials for LNG facilities. Its role as thermal insulation for industrial piping is critical, with its structure offering one of the most effective corrosion under insulation prevention methods. As vapor-impermeable insulation barriers, cellular glass ensures the long-term performance of insulation materials. The market is also heavily influenced by sustainability trends, with recycled glass in insulation manufacturing positioning the product as a prime example of sustainable insulation with recycled content. This strong alignment between cellular glass and circular economy principles further solidifies its market position as a durable and responsible choice.

What are the key market drivers leading to the rise in the adoption of Cellular Glass Industry?
- The escalating demand for energy-efficient building materials, driven by stricter global regulations and a focus on reducing carbon emissions, is a primary factor for market growth.
The demand for energy-efficient building materials is a significant factor in market expansion. As governments enforce stricter energy performance standards to reduce carbon emissions, the adoption of advanced insulation materials with superior thermal performance becomes critical. The material's closed-cell structure, which provides moisture impermeability and long-term stability, directly meets these requirements. This ensures a consistent thermal barrier, leading to sustained energy savings over a building's lifecycle. The focus on constructing nearly zero-energy buildings and passive houses further creates a strong impetus for specifying high-performance, non-combustible insulation. Approximately 51% of the market is driven by the construction end-user segment, underscoring the importance of building efficiency standards. As awareness of operational energy costs grows, so does the preference for premium insulation solutions.The growing global emphasis on sustainable and green building practices also significantly influences market dynamics. This includes the use of materials with high recycled glass content, a long service life, non-toxic inorganic material composition, and contributions to environmental certifications. Manufacturing with post-consumer or industrial waste aligns with circular economy principles by diverting materials from landfills and conserving virgin resources. This inherent sustainability makes it a preferred choice for projects seeking green building accreditations. Its durability minimizes the need for replacement, reducing long-term waste generation. As corporations and governments commit to ESG principles, the demand for building materials that support these objectives, such as those with a lower environmental impact, will continue to expand.
What are the market trends shaping the Cellular Glass Industry?
- A notable market trend is the increasing adoption of cellular glass, particularly in its foam glass gravel form, for green roof and urban landscaping projects.
A prominent trend is the growing use of cellular glass in green roof and urban landscaping projects, particularly in its foam glass gravel form. This is driven by its unique combination of properties, including its lightweight nature, which reduces the structural load on buildings, and its excellent drainage capabilities for effective stormwater management. This lightweight aggregate provides crucial thermal insulation for roof structures while being non-combustible and resistant to rot and pests. The use of recycled materials in its production aligns with the ecological goals of green building, making it a key component in sustainable urban design, especially in densely populated areas. The construction glass market is seeing a rise in such specialized applications. Europe, a key region in this trend, is projected to contribute to 34.81% of the market's incremental growth.The market is also strongly shaped by the increasing focus on the circular economy and the demand for materials with high recycled content. This trend, a cornerstone of the glass recycling industry, is supported by heightened environmental awareness and stricter waste management regulations. As a material predominantly made from post-consumer and industrial glass waste, it exemplifies circular principles by reducing landfill use and conserving virgin resources. Building owners and developers are prioritizing materials with clear environmental credentials, such as a low embodied carbon footprint. The transparency of a product's environmental impact is becoming a key differentiator in procurement decisions, positioning materials fundamentally aligned with circular economic models for sustained growth.
What challenges does the Cellular Glass Industry face during its growth?
- A significant challenge for the market is the high initial cost of cellular glass when compared to more conventional insulation materials.
A key challenge is the high initial capital outlay compared to conventional insulation materials like mineral wool or polystyrene foams. While offering superior long-term performance and durability, its upfront price can deter cost-sensitive projects. This cost differential creates a barrier to wider adoption, particularly in regions with less stringent energy efficiency mandates or where lifecycle cost analysis is not prioritized. Developers may opt for lower-cost alternatives, even if they offer inferior performance over time. The APAC region, representing nearly 25% of the geographic opportunity, is particularly sensitive to this cost dynamic. Educating the market on the total cost of ownership, including energy savings and minimal maintenance, is crucial for overcoming this hurdle.The material's inherent fragility and the associated installation complexities present another notable challenge. As a rigid and somewhat brittle material, it is susceptible to breakage during transport and handling, which necessitates specialized procedures and can lead to material waste. Proper fitting of the rigid blocks requires skilled labor requirement and precise cutting to prevent thermal bridging and ensure optimal performance. Any gaps can compromise the insulation's integrity by allowing air or moisture penetration. The need for specialized adhesives and sealing compounds adds to the installation complexity and overall cost, potentially extending project timelines and increasing the risk of errors, especially where skilled labor is scarce.
Exclusive Customer Landscape
The cellular glass market forecasting report includes the adoption lifecycle of the market, covering from the innovator’s stage to the laggard’s stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the cellular glass market report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their market growth analysis strategies.

Customer Landscape
Key Companies & Market Insights
Companies are implementing various strategies, such as strategic alliances, cellular glass market forecast, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the industry.
Beerenberg AS - The company provides specialized cellular glass solutions, including corrosion-resistant foam glass linings designed for the demanding environments of oil and gas storage tanks and for marine hull insulation applications.
The industry research and growth report includes detailed analyses of the competitive landscape of the market and information about key companies, including:
- Beerenberg AS
- Energocell Kft.
- Excelsior Ceramics
- Foamit Group
- Glapor Werk Mitterteich GmbH
- Huali Thermal Insulation
- Huaneng Zhongtian Group Co. Ltd.
- IBSL Group Ltd.
- Insultherm
- Misapor AG
- Owens Corning
- POLYDROS S.A.
- REFAGLASS s.r.o.
- Shanghai Metal Corp.
- Sun Refractories
- Wedge Industries Ltd.
- Zhejiang Dehe Insulation Corp. Ltd.
Qualitative and quantitative analysis of companies has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key industry players. Data is qualitatively analyzed to categorize companies as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize companies as dominant, leading, strong, tentative, and weak.
Recent Development and News in Cellular Glass Market
In April 2024, Owens Corning announced its 18th consecutive placement in the 100 Best Corporate Citizens ranking, recognizing its outstanding environmental, social, and governance transparency and performance.In May 2024, Partnera Oy, the owner of Foamit Group, reported a significant increase in Foamit Group's net sales for Q1 2024, driven by the successful commissioning of a new production plant in Sweden.In February 2024, Owens Corning introduced a new range of FOAMGLAS and PAROC insulation products with a lower carbon footprint, aligning with the company's commitment to sustainability and addressing the growing demand for environmentally responsible building materials.
Research Analyst Overview
The global cellular glass market is shaped by a material defined by its closed-cell structure, providing superior thermal insulation properties and moisture impermeability to act as a vapor barrier. This inorganic insulation is a non-combustible material, ideal for high-temperature insulation and cryogenic insulation. Its high compressive strength makes it suitable as load-bearing insulation for sub-slab insulation and industrial tank insulation, mitigating corrosion under insulation and enabling frost heave prevention. Processed into foam glass gravel or lightweight aggregate, its applications are diverse. The material's chemical inertness, pest resistance, and dimensional stability confirm its status as a rot-proof material for building envelope insulation and pipe insulation sections, while also offering acoustic dampening and thermal bridging prevention.Market dynamics are shifting toward circular economy principles, focusing on sustainable building materials and resource conservation. The manufacturing process, combining glass cullet and recycled glass cullet from post-consumer glass waste with a foaming agent, enhances the material's profile through high recycled glass content. This practice supports compliance with stringent energy efficiency standards and contributes to embodied carbon reduction. A comprehensive lifecycle cost analysis often validates its specification, though considerations such as material brittleness and a skilled labor requirement are integral to project evaluation. Its versatility extends to use as a lightweight fill material for stormwater management systems and as a green roof drainage component. Industry analyses indicate the global cellular glass market is expected to see a value increase of approximately 5% in the upcoming year.
Dive into Technavio’s robust research methodology, blending expert interviews, extensive data synthesis, and validated models for unparalleled Cellular Glass Market insights. See full methodology.
|
Market Scope
|
|
Report Coverage
|
Details
|
|
Page number
|
283
|
|
Base year
|
2024
|
|
Historic period
|
2019 - 2023 |
|
Forecast period
|
2025-2029
|
|
Growth momentum & CAGR
|
Accelerating at a CAGR of 4.1%
|
|
Market growth 2024-2029
|
USD 137.9 million
|
|
Market structure
|
Fragmented
|
|
YoY growth 2024-2029(%)
|
4.1%
|
|
Key countries
|
UK, Germany, France, Spain, Italy, The Netherlands, US, Canada, Mexico, China, Japan, India, South Korea, Australia, Indonesia, South Africa, Saudi Arabia, UAE, Israel, Turkey, Brazil, Argentina, Colombia
|
|
Competitive landscape
|
Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks
|
Request Free Sample
What are the Key Data Covered in this Cellular Glass Market Research and Growth Report?
- CAGR of the Cellular Glass industry during the forecast period
- Detailed information on factors that will drive the growth and forecasting between 2024 and 2029
- Precise estimation of the size of the market and its contribution of the industry in focus to the parent market
- Accurate predictions about upcoming growth and trends and changes in consumer behaviour
- Growth of the market across Europe, North America, APAC, Middle East and Africa, South America
- Thorough analysis of the market’s competitive landscape and detailed information about companies
- Comprehensive analysis of factors that will challenge the cellular glass market growth of industry companies
We can help! Our analysts can customize this cellular glass market research report to meet your requirements.
Get in touch
1 Executive Summary
- 1 Executive Summary
- 1.1 Market overview
- Executive Summary - Chart on Market Overview
- Executive Summary - Data Table on Market Overview
- Executive Summary - Chart on Global Market Characteristics
- Executive Summary - Chart on Market by Geography
- Executive Summary - Chart on Market Segmentation by Type
- Executive Summary - Chart on Market Segmentation by Product Type
- Executive Summary - Chart on Market Segmentation by End-user
- Executive Summary - Chart on Incremental Growth
- Executive Summary - Data Table on Incremental Growth
- Executive Summary - Chart on Company Market Positioning
2 Technavio Analysis
- 2 Technavio Analysis
- 2.1 Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
- Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
- 2.2 Criticality of inputs and Factors of differentiation
- Chart on Overview on criticality of inputs and factors of differentiation
- 2.3 Factors of disruption
- Chart on Overview on factors of disruption
- 2.4 Impact of drivers and challenges
- Chart on Impact of drivers and challenges in 2024 and 2029
3 Market Landscape
- 3 Market Landscape
- 3.1 Market ecosystem
- Chart on Parent Market
- Data Table on - Parent Market
- 3.2 Market characteristics
- Chart on Market characteristics analysis
- 3.3 Value chain analysis
- Chart on Value chain analysis
4 Market Sizing
- 4 Market Sizing
- 4.1 Market definition
- Data Table on Offerings of companies included in the market definition
- 4.2 Market segment analysis
- 4.3 Market size 2024
- 4.4 Market outlook: Forecast for 2024-2029
- Chart on Global - Market size and forecast 2024-2029 ($ billion)
- Data Table on Global - Market size and forecast 2024-2029 ($ billion)
- Chart on Global Market: Year-over-year growth 2024-2029 (%)
- Data Table on Global Market: Year-over-year growth 2024-2029 (%)
5 Historic Market Size
- 5 Historic Market Size
- 5.1 Global Cellular Glass Market 2019 - 2023
- Historic Market Size - Data Table on Global Cellular Glass Market 2019 - 2023 ($ billion)
- 5.2 Type segment analysis 2019 - 2023
- Historic Market Size - Type Segment 2019 - 2023 ($ billion)
- 5.3 Product Type segment analysis 2019 - 2023
- Historic Market Size - Product Type Segment 2019 - 2023 ($ billion)
- 5.4 End-user segment analysis 2019 - 2023
- Historic Market Size - End-user Segment 2019 - 2023 ($ billion)
- 5.5 Geography segment analysis 2019 - 2023
- Historic Market Size - Geography Segment 2019 - 2023 ($ billion)
- 5.6 Country segment analysis 2019 - 2023
- Historic Market Size - Country Segment 2019 - 2023 ($ billion)
6 Qualitative Analysis
- 6 Qualitative Analysis
- 6.1 Impact of AI on global cellular glass market
7 Five Forces Analysis
- 7 Five Forces Analysis
- 7.1 Five forces summary
- Five forces analysis - Comparison between 2024 and 2029
- 7.2 Bargaining power of buyers
- Bargaining power of buyers - Impact of key factors 2024 and 2029
- 7.3 Bargaining power of suppliers
- Bargaining power of suppliers - Impact of key factors in 2024 and 2029
- 7.4 Threat of new entrants
- Threat of new entrants - Impact of key factors in 2024 and 2029
- 7.5 Threat of substitutes
- Threat of substitutes - Impact of key factors in 2024 and 2029
- 7.6 Threat of rivalry
- Threat of rivalry - Impact of key factors in 2024 and 2029
- 7.7 Market condition
- Chart on Market condition - Five forces 2024 and 2029
8 Market Segmentation by Type
- 8 Market Segmentation by Type
- 8.1 Market segments
- Chart on Type - Market share 2024-2029 (%)
- Data Table on Type - Market share 2024-2029 (%)
- 8.2 Comparison by Type
- Chart on Comparison by Type
- Data Table on Comparison by Type
- 8.3 Closed glass - Market size and forecast 2024-2029
- Chart on Closed glass - Market size and forecast 2024-2029 ($ billion)
- Data Table on Closed glass - Market size and forecast 2024-2029 ($ billion)
- Chart on Closed glass - Year-over-year growth 2024-2029 (%)
- Data Table on Closed glass - Year-over-year growth 2024-2029 (%)
- 8.4 Open glass - Market size and forecast 2024-2029
- Chart on Open glass - Market size and forecast 2024-2029 ($ billion)
- Data Table on Open glass - Market size and forecast 2024-2029 ($ billion)
- Chart on Open glass - Year-over-year growth 2024-2029 (%)
- Data Table on Open glass - Year-over-year growth 2024-2029 (%)
- 8.5 Market opportunity by Type
- Market opportunity by Type ($ billion)
- Data Table on Market opportunity by Type ($ billion)
9 Market Segmentation by Product Type
- 9 Market Segmentation by Product Type
- 9.1 Market segments
- Chart on Product Type - Market share 2024-2029 (%)
- Data Table on Product Type - Market share 2024-2029 (%)
- 9.2 Comparison by Product Type
- Chart on Comparison by Product Type
- Data Table on Comparison by Product Type
- 9.3 Block and shell - Market size and forecast 2024-2029
- Chart on Block and shell - Market size and forecast 2024-2029 ($ billion)
- Data Table on Block and shell - Market size and forecast 2024-2029 ($ billion)
- Chart on Block and shell - Year-over-year growth 2024-2029 (%)
- Data Table on Block and shell - Year-over-year growth 2024-2029 (%)
- 9.4 Foam glass gravel - Market size and forecast 2024-2029
- Chart on Foam glass gravel - Market size and forecast 2024-2029 ($ billion)
- Data Table on Foam glass gravel - Market size and forecast 2024-2029 ($ billion)
- Chart on Foam glass gravel - Year-over-year growth 2024-2029 (%)
- Data Table on Foam glass gravel - Year-over-year growth 2024-2029 (%)
- 9.5 Market opportunity by Product Type
- Market opportunity by Product Type ($ billion)
- Data Table on Market opportunity by Product Type ($ billion)
10 Market Segmentation by End-user
- 10 Market Segmentation by End-user
- 10.1 Market segments
- Chart on End-user - Market share 2024-2029 (%)
- Data Table on End-user - Market share 2024-2029 (%)
- 10.2 Comparison by End-user
- Chart on Comparison by End-user
- Data Table on Comparison by End-user
- 10.3 Construction - Market size and forecast 2024-2029
- Chart on Construction - Market size and forecast 2024-2029 ($ billion)
- Data Table on Construction - Market size and forecast 2024-2029 ($ billion)
- Chart on Construction - Year-over-year growth 2024-2029 (%)
- Data Table on Construction - Year-over-year growth 2024-2029 (%)
- 10.4 Industrial - Market size and forecast 2024-2029
- Chart on Industrial - Market size and forecast 2024-2029 ($ billion)
- Data Table on Industrial - Market size and forecast 2024-2029 ($ billion)
- Chart on Industrial - Year-over-year growth 2024-2029 (%)
- Data Table on Industrial - Year-over-year growth 2024-2029 (%)
- 10.5 Others - Market size and forecast 2024-2029
- Chart on Others - Market size and forecast 2024-2029 ($ billion)
- Data Table on Others - Market size and forecast 2024-2029 ($ billion)
- Chart on Others - Year-over-year growth 2024-2029 (%)
- Data Table on Others - Year-over-year growth 2024-2029 (%)
- 10.6 Market opportunity by End-user
- Market opportunity by End-user ($ billion)
- Data Table on Market opportunity by End-user ($ billion)
11 Customer Landscape
- 11 Customer Landscape
- 11.1 Customer landscape overview
- Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
12 Geographic Landscape
- 12 Geographic Landscape
- 12.1 Geographic segmentation
- Chart on Market share by geography 2024-2029 (%)
- Data Table on Market share by geography 2024-2029 (%)
- 12.2 Geographic comparison
- Chart on Geographic comparison
- Data Table on Geographic comparison
- 12.3 Europe - Market size and forecast 2024-2029
- Chart on Europe - Market size and forecast 2024-2029 ($ billion)
- Data Table on Europe - Market size and forecast 2024-2029 ($ billion)
- Chart on Europe - Year-over-year growth 2024-2029 (%)
- Data Table on Europe - Year-over-year growth 2024-2029 (%)
- Chart on Regional Comparison - Europe
- Data Table on Regional Comparison - Europe
- 12.3.1 UK - Market size and forecast 2024-2029
- Chart on UK - Market size and forecast 2024-2029 ($ billion)
- Data Table on UK - Market size and forecast 2024-2029 ($ billion)
- Chart on UK - Year-over-year growth 2024-2029 (%)
- Data Table on UK - Year-over-year growth 2024-2029 (%)
- 12.3.2 Germany - Market size and forecast 2024-2029
- Chart on Germany - Market size and forecast 2024-2029 ($ billion)
- Data Table on Germany - Market size and forecast 2024-2029 ($ billion)
- Chart on Germany - Year-over-year growth 2024-2029 (%)
- Data Table on Germany - Year-over-year growth 2024-2029 (%)
- 12.3.3 France - Market size and forecast 2024-2029
- Chart on France - Market size and forecast 2024-2029 ($ billion)
- Data Table on France - Market size and forecast 2024-2029 ($ billion)
- Chart on France - Year-over-year growth 2024-2029 (%)
- Data Table on France - Year-over-year growth 2024-2029 (%)
- 12.3.4 Spain - Market size and forecast 2024-2029
- Chart on Spain - Market size and forecast 2024-2029 ($ billion)
- Data Table on Spain - Market size and forecast 2024-2029 ($ billion)
- Chart on Spain - Year-over-year growth 2024-2029 (%)
- Data Table on Spain - Year-over-year growth 2024-2029 (%)
- 12.3.5 Italy - Market size and forecast 2024-2029
- Chart on Italy - Market size and forecast 2024-2029 ($ billion)
- Data Table on Italy - Market size and forecast 2024-2029 ($ billion)
- Chart on Italy - Year-over-year growth 2024-2029 (%)
- Data Table on Italy - Year-over-year growth 2024-2029 (%)
- 12.3.6 The Netherlands - Market size and forecast 2024-2029
- Chart on The Netherlands - Market size and forecast 2024-2029 ($ billion)
- Data Table on The Netherlands - Market size and forecast 2024-2029 ($ billion)
- Chart on The Netherlands - Year-over-year growth 2024-2029 (%)
- Data Table on The Netherlands - Year-over-year growth 2024-2029 (%)
- 12.4 North America - Market size and forecast 2024-2029
- Chart on North America - Market size and forecast 2024-2029 ($ billion)
- Data Table on North America - Market size and forecast 2024-2029 ($ billion)
- Chart on North America - Year-over-year growth 2024-2029 (%)
- Data Table on North America - Year-over-year growth 2024-2029 (%)
- Chart on Regional Comparison - North America
- Data Table on Regional Comparison - North America
- 12.4.1 US - Market size and forecast 2024-2029
- Chart on US - Market size and forecast 2024-2029 ($ billion)
- Data Table on US - Market size and forecast 2024-2029 ($ billion)
- Chart on US - Year-over-year growth 2024-2029 (%)
- Data Table on US - Year-over-year growth 2024-2029 (%)
- 12.4.2 Canada - Market size and forecast 2024-2029
- Chart on Canada - Market size and forecast 2024-2029 ($ billion)
- Data Table on Canada - Market size and forecast 2024-2029 ($ billion)
- Chart on Canada - Year-over-year growth 2024-2029 (%)
- Data Table on Canada - Year-over-year growth 2024-2029 (%)
- 12.4.3 Mexico - Market size and forecast 2024-2029
- Chart on Mexico - Market size and forecast 2024-2029 ($ billion)
- Data Table on Mexico - Market size and forecast 2024-2029 ($ billion)
- Chart on Mexico - Year-over-year growth 2024-2029 (%)
- Data Table on Mexico - Year-over-year growth 2024-2029 (%)
- 12.5 APAC - Market size and forecast 2024-2029
- Chart on APAC - Market size and forecast 2024-2029 ($ billion)
- Data Table on APAC - Market size and forecast 2024-2029 ($ billion)
- Chart on APAC - Year-over-year growth 2024-2029 (%)
- Data Table on APAC - Year-over-year growth 2024-2029 (%)
- Chart on Regional Comparison - APAC
- Data Table on Regional Comparison - APAC
- 12.5.1 China - Market size and forecast 2024-2029
- Chart on China - Market size and forecast 2024-2029 ($ billion)
- Data Table on China - Market size and forecast 2024-2029 ($ billion)
- Chart on China - Year-over-year growth 2024-2029 (%)
- Data Table on China - Year-over-year growth 2024-2029 (%)
- 12.5.2 Japan - Market size and forecast 2024-2029
- Chart on Japan - Market size and forecast 2024-2029 ($ billion)
- Data Table on Japan - Market size and forecast 2024-2029 ($ billion)
- Chart on Japan - Year-over-year growth 2024-2029 (%)
- Data Table on Japan - Year-over-year growth 2024-2029 (%)
- 12.5.3 India - Market size and forecast 2024-2029
- Chart on India - Market size and forecast 2024-2029 ($ billion)
- Data Table on India - Market size and forecast 2024-2029 ($ billion)
- Chart on India - Year-over-year growth 2024-2029 (%)
- Data Table on India - Year-over-year growth 2024-2029 (%)
- 12.5.4 South Korea - Market size and forecast 2024-2029
- Chart on South Korea - Market size and forecast 2024-2029 ($ billion)
- Data Table on South Korea - Market size and forecast 2024-2029 ($ billion)
- Chart on South Korea - Year-over-year growth 2024-2029 (%)
- Data Table on South Korea - Year-over-year growth 2024-2029 (%)
- 12.5.5 Australia - Market size and forecast 2024-2029
- Chart on Australia - Market size and forecast 2024-2029 ($ billion)
- Data Table on Australia - Market size and forecast 2024-2029 ($ billion)
- Chart on Australia - Year-over-year growth 2024-2029 (%)
- Data Table on Australia - Year-over-year growth 2024-2029 (%)
- 12.5.6 Indonesia - Market size and forecast 2024-2029
- Chart on Indonesia - Market size and forecast 2024-2029 ($ billion)
- Data Table on Indonesia - Market size and forecast 2024-2029 ($ billion)
- Chart on Indonesia - Year-over-year growth 2024-2029 (%)
- Data Table on Indonesia - Year-over-year growth 2024-2029 (%)
- 12.6 Middle East and Africa - Market size and forecast 2024-2029
- Chart on Middle East and Africa - Market size and forecast 2024-2029 ($ billion)
- Data Table on Middle East and Africa - Market size and forecast 2024-2029 ($ billion)
- Chart on Middle East and Africa - Year-over-year growth 2024-2029 (%)
- Data Table on Middle East and Africa - Year-over-year growth 2024-2029 (%)
- Chart on Regional Comparison - Middle East and Africa
- Data Table on Regional Comparison - Middle East and Africa
- 12.6.1 South Africa - Market size and forecast 2024-2029
- Chart on South Africa - Market size and forecast 2024-2029 ($ billion)
- Data Table on South Africa - Market size and forecast 2024-2029 ($ billion)
- Chart on South Africa - Year-over-year growth 2024-2029 (%)
- Data Table on South Africa - Year-over-year growth 2024-2029 (%)
- 12.6.2 Saudi Arabia - Market size and forecast 2024-2029
- Chart on Saudi Arabia - Market size and forecast 2024-2029 ($ billion)
- Data Table on Saudi Arabia - Market size and forecast 2024-2029 ($ billion)
- Chart on Saudi Arabia - Year-over-year growth 2024-2029 (%)
- Data Table on Saudi Arabia - Year-over-year growth 2024-2029 (%)
- 12.6.3 UAE - Market size and forecast 2024-2029
- Chart on UAE - Market size and forecast 2024-2029 ($ billion)
- Data Table on UAE - Market size and forecast 2024-2029 ($ billion)
- Chart on UAE - Year-over-year growth 2024-2029 (%)
- Data Table on UAE - Year-over-year growth 2024-2029 (%)
- 12.6.4 Israel - Market size and forecast 2024-2029
- Chart on Israel - Market size and forecast 2024-2029 ($ billion)
- Data Table on Israel - Market size and forecast 2024-2029 ($ billion)
- Chart on Israel - Year-over-year growth 2024-2029 (%)
- Data Table on Israel - Year-over-year growth 2024-2029 (%)
- 12.6.5 Turkey - Market size and forecast 2024-2029
- Chart on Turkey - Market size and forecast 2024-2029 ($ billion)
- Data Table on Turkey - Market size and forecast 2024-2029 ($ billion)
- Chart on Turkey - Year-over-year growth 2024-2029 (%)
- Data Table on Turkey - Year-over-year growth 2024-2029 (%)
- 12.7 South America - Market size and forecast 2024-2029
- Chart on South America - Market size and forecast 2024-2029 ($ billion)
- Data Table on South America - Market size and forecast 2024-2029 ($ billion)
- Chart on South America - Year-over-year growth 2024-2029 (%)
- Data Table on South America - Year-over-year growth 2024-2029 (%)
- Chart on Regional Comparison - South America
- Data Table on Regional Comparison - South America
- 12.7.1 Brazil - Market size and forecast 2024-2029
- Chart on Brazil - Market size and forecast 2024-2029 ($ billion)
- Data Table on Brazil - Market size and forecast 2024-2029 ($ billion)
- Chart on Brazil - Year-over-year growth 2024-2029 (%)
- Data Table on Brazil - Year-over-year growth 2024-2029 (%)
- 12.7.2 Argentina - Market size and forecast 2024-2029
- Chart on Argentina - Market size and forecast 2024-2029 ($ billion)
- Data Table on Argentina - Market size and forecast 2024-2029 ($ billion)
- Chart on Argentina - Year-over-year growth 2024-2029 (%)
- Data Table on Argentina - Year-over-year growth 2024-2029 (%)
- 12.7.3 Colombia - Market size and forecast 2024-2029
- Chart on Colombia - Market size and forecast 2024-2029 ($ billion)
- Data Table on Colombia - Market size and forecast 2024-2029 ($ billion)
- Chart on Colombia - Year-over-year growth 2024-2029 (%)
- Data Table on Colombia - Year-over-year growth 2024-2029 (%)
- 12.8 Market opportunity by geography
- Market opportunity by geography ($ billion)
- Data Tables on Market opportunity by geography ($ billion)
13 Drivers, Challenges, and Opportunity
- 13 Drivers, Challenges, and Opportunity
- 13.1 Market drivers
- Increasing demand for energy-efficient building materials
- Growing emphasis on sustainable and green building practices
- Increasing demand from industrial and cryogenic applications
- 13.2 Market challenges
- High initial cost compared to conventional insulation materials
- Fragility and installation complexity
- Competition from alternative insulation materials
- 13.3 Impact of drivers and challenges
- Impact of drivers and challenges in 2024 and 2029
- 13.4 Market opportunities
- Growing adoption in green roof and urban landscaping projects
- Increasing focus on circular economy and recycled content
- Technological advancements in manufacturing and product development
14 Competitive Landscape
- 14 Competitive Landscape
- 14.1 Overview
- 14.2 Competitive Landscape
- Overview on criticality of inputs and factors of differentiation
- 14.3 Landscape disruption
- Overview on factors of disruption
- 14.4 Industry risks
- Impact of key risks on business
15 Competitive Analysis
- 15 Competitive Analysis
- 15.1 Companies profiled
- 15.2 Company ranking index
- 15.3 Market positioning of companies
- Matrix on companies position and classification
- 15.4 Beerenberg AS
- Beerenberg AS - Overview
- Beerenberg AS - Product / Service
- Beerenberg AS - Key offerings
- SWOT
- 15.5 Energocell Kft.
- Energocell Kft. - Overview
- Energocell Kft. - Product / Service
- Energocell Kft. - Key offerings
- SWOT
- 15.6 Foamit Group
- Foamit Group - Overview
- Foamit Group - Product / Service
- Foamit Group - Key offerings
- SWOT
- 15.7 Glapor Werk Mitterteich GmbH
- Glapor Werk Mitterteich GmbH - Overview
- Glapor Werk Mitterteich GmbH - Product / Service
- Glapor Werk Mitterteich GmbH - Key offerings
- SWOT
- 15.8 Huali Thermal Insulation
- Huali Thermal Insulation - Overview
- Huali Thermal Insulation - Product / Service
- Huali Thermal Insulation - Key offerings
- SWOT
- 15.9 Huaneng Zhongtian Group Co. Ltd.
- Huaneng Zhongtian Group Co. Ltd. - Overview
- Huaneng Zhongtian Group Co. Ltd. - Product / Service
- Huaneng Zhongtian Group Co. Ltd. - Key offerings
- SWOT
- 15.10 IBSL Group Ltd.
- IBSL Group Ltd. - Overview
- IBSL Group Ltd. - Product / Service
- IBSL Group Ltd. - Key offerings
- SWOT
- 15.11 Insultherm
- Insultherm - Overview
- Insultherm - Product / Service
- Insultherm - Key offerings
- SWOT
- 15.12 Misapor AG
- Misapor AG - Overview
- Misapor AG - Product / Service
- Misapor AG - Key offerings
- SWOT
- 15.13 Owens Corning
- Owens Corning - Overview
- Owens Corning - Business segments
- Owens Corning - Key news
- Owens Corning - Key offerings
- Owens Corning - Segment focus
- SWOT
- 15.14 POLYDROS S.A.
- POLYDROS S.A. - Overview
- POLYDROS S.A. - Product / Service
- POLYDROS S.A. - Key offerings
- SWOT
- 15.15 REFAGLASS s.r.o.
- REFAGLASS s.r.o. - Overview
- REFAGLASS s.r.o. - Product / Service
- REFAGLASS s.r.o. - Key offerings
- SWOT
- 15.16 Shanghai Metal Corp.
- Shanghai Metal Corp. - Overview
- Shanghai Metal Corp. - Product / Service
- Shanghai Metal Corp. - Key offerings
- SWOT
- 15.17 Wedge Industries Ltd.
- Wedge Industries Ltd. - Overview
- Wedge Industries Ltd. - Product / Service
- Wedge Industries Ltd. - Key offerings
- SWOT
- 15.18 Zhejiang Dehe Insulation Corp. Ltd.
- Zhejiang Dehe Insulation Corp. Ltd. - Overview
- Zhejiang Dehe Insulation Corp. Ltd. - Product / Service
- Zhejiang Dehe Insulation Corp. Ltd. - Key offerings
- SWOT
16 Appendix
- 16 Appendix
- 16.1 Scope of the report
- Market definition
- Objectives
- Notes and caveats
- 16.2 Inclusions and exclusions checklist
- Inclusions checklist
- Exclusions checklist
- 16.3 Currency conversion rates for US$
- Currency conversion rates for US$
- 16.4 Research methodology
- 16.5 Data procurement
- 16.6 Data validation
- 16.7 Validation techniques employed for market sizing
- Validation techniques employed for market sizing
- 16.8 Data synthesis
- 16.9 360 degree market analysis
- 360 degree market analysis
- 16.10 List of abbreviations
Research Framework
Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.
INFORMATION SOURCES
Primary sources
- Manufacturers and suppliers
- Channel partners
- Industry experts
- Strategic decision makers
Secondary sources
- Industry journals and periodicals
- Government data
- Financial reports of key industry players
- Historical data
- Press releases

DATA ANALYSIS
Data Synthesis
- Collation of data
- Estimation of key figures
- Analysis of derived insights
Data Validation
- Triangulation with data models
- Reference against proprietary databases
- Corroboration with industry experts

REPORT WRITING
Qualitative
- Market drivers
- Market challenges
- Market trends
- Five forces analysis
Quantitative
- Market size and forecast
- Market segmentation
- Geographical insights
- Competitive landscape