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US Industrial Thermal Insulation Market

ID: MRFR/CnM/18867-HCR
111 Pages
Chitranshi Jaiswal
October 2025

US Industrial Thermal Insulation Market Research Report By Material (Calcium Silicate, Mineral Fiber, Foamed Plastic, Perlite, Cellular Glass) and By End-user (Petrochemical & Refineries, Power Generation, Aerospace & Defense, Automotive, Others) - Forecast to 2035.

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US Industrial Thermal Insulation Market Infographic
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US Industrial Thermal Insulation Market Summary

As per analysis, the US industrial thermal insulation market is projected to grow from USD 512.95 Million in 2024 to USD 856.42 Million by 2035, exhibiting a compound annual growth rate (CAGR) of 4.77% during the forecast period (2025 - 2035).

Key Market Trends & Highlights

The US industrial thermal insulation market is poised for growth driven by sustainability and technological advancements.

  • The thermal insulation segment remains the largest, reflecting a robust demand across various industries.
  • Acoustic insulation is identified as the fastest-growing segment, indicating a rising awareness of noise control in industrial settings.
  • The oil and gas sector continues to dominate the market, while the power generation segment is experiencing rapid growth.
  • Rising energy costs and increased focus on sustainability are key drivers propelling market expansion.

Market Size & Forecast

2024 Market Size 512.95 (USD Million)
2035 Market Size 856.42 (USD Million)
CAGR (2025 - 2035) 4.77%

Major Players

Owens Corning (US), Johns Manville (US), Rockwool International (US), Knauf Insulation (US), BASF Corporation (US), Saint-Gobain (US), Armacell (US), Thermafiber (US), Insulation Corporation of America (US)

US Industrial Thermal Insulation Market Trends

The US industrial thermal insulation market is currently experiencing a notable transformation, driven by a combination of regulatory changes, technological advancements, and evolving industry standards. As energy efficiency becomes increasingly prioritized, industries are seeking insulation solutions that not only reduce energy consumption but also comply with stringent environmental regulations. This shift is prompting manufacturers to innovate and develop materials that offer superior thermal performance while minimizing environmental impact. Furthermore, the growing emphasis on sustainability is influencing purchasing decisions, as companies aim to enhance their green credentials and reduce their carbon footprint. In addition to regulatory influences, the US industrial thermal insulation market is witnessing a surge in demand for advanced insulation materials, such as aerogels and vacuum insulation panels. These materials, known for their exceptional thermal resistance, are gaining traction in various sectors, including petrochemical, power generation, and food processing. The integration of smart technologies into insulation systems is also emerging as a trend, allowing for real-time monitoring and optimization of thermal performance. As industries adapt to these changes, the market is poised for continued growth, with a focus on innovation and sustainability shaping its future.

Sustainability Initiatives

The US industrial thermal insulation market is increasingly influenced by sustainability initiatives. Companies are prioritizing eco-friendly materials and practices, driven by both regulatory requirements and consumer demand for greener solutions. This trend encourages the development of insulation products that minimize environmental impact while maintaining high thermal efficiency.

Technological Advancements

Technological advancements are reshaping the US industrial thermal insulation market. Innovations in material science are leading to the creation of high-performance insulation products, such as aerogels and vacuum insulation panels. These materials offer superior thermal resistance, making them attractive options for various industrial applications.

Smart Insulation Solutions

The integration of smart technologies into insulation systems is becoming a prominent trend in the US industrial thermal insulation market. These solutions enable real-time monitoring and optimization of thermal performance, allowing industries to enhance energy efficiency and reduce operational costs. This trend reflects a broader movement towards digitization in industrial processes.

Market Segment Insights

By Application: Thermal Insulation (Largest) vs. Acoustic Insulation (Fastest-Growing)

In the US industrial thermal insulation market, Thermal Insulation maintains a prominent market share, driven largely by its essential role in energy efficiency and temperature control across various industries. Acoustic Insulation, while currently a smaller segment, is witnessing significant growth as industries increasingly prioritize noise reduction and sound management in their operations. This shift toward greener and quieter manufacturing processes is reshaping the insulation landscape. The growth trends in Acoustic Insulation are fueled by regulatory pushes for compliance with environmental standards and the rise in construction and renovation projects focused on sustainability. Additionally, technological advancements in materials are enhancing the performance of Acoustic Insulation, making it more appealing for use in industrial settings. As industries adapt to new regulations and consumer preferences, both segments are expected to evolve, with Acoustic Insulation set to capture a larger market stake in the coming years.

Thermal Insulation (Dominant) vs. Fire Insulation (Emerging)

Thermal Insulation has established itself as the cornerstone of the US industrial thermal insulation market, offering crucial benefits such as energy conservation and compliance with safety regulations. It is predominantly used in applications requiring temperature maintenance in pipelines, vessels, and equipment. The segment's dominance is backed by its longstanding presence and continual innovation aimed at improving thermal performance and ease of installation. In contrast, Fire Insulation is emerging as an increasingly pertinent segment, driven by heightened awareness of fire safety and regulations across various industries. While currently less prevalent than Thermal Insulation, Fire Insulation's growth is supported by advancements in materials that offer enhanced fire resistance and effectiveness. With industries revisiting their safety protocols, Fire Insulation is set to gain traction, addressing critical safety needs alongside existing thermal applications.

By End Use: Oil and Gas (Largest) vs. Power Generation (Fastest-Growing)

In the US industrial thermal insulation market, the end-use segment is notably diverse, with Oil and Gas holding the largest market share. This industry requires robust insulation solutions to maintain operational efficiency and safety in extreme temperatures and conditions. Following closely is Chemical Processing, recognized for its substantial requirements for insulation materials, which facilitate energy savings and process stability. Power Generation emerges as a competitive player, rapidly expanding due to a rising focus on sustainable practices and renewable energy sources, driving demand for advanced insulation products.

Oil and Gas (Dominant) vs. Power Generation (Emerging)

The Oil and Gas sector remains the dominant force in the US industrial thermal insulation market, driven by the need for thermal efficiency in extraction and transportation operations. It often utilizes high-performance insulation materials designed to withstand harsh environments, contributing to reduced energy losses. On the other hand, Power Generation is regarded as an emerging segment that is rapidly adopting innovative insulation solutions, particularly in renewable energy projects. The increasing transition to cleaner energy is pushing for advanced insulation technologies that not only improve energy efficiency but also support regulatory compliance and environmental sustainability goals.

By Material Type: Fiberglass (Largest) vs. Polyurethane Foam (Fastest-Growing)

The US industrial thermal insulation market showcases a diverse composition of materials, with fiberglass leading in market share due to its cost-effectiveness and robust performance characteristics. Following closely are mineral wool and polyurethane foam, each contributing significant value, while cellular glass, though utilized in niche applications, holds a smaller share. This distribution underscores the varied preferences for insulation materials tailored to specific industrial applications, balancing factors like cost, thermal efficiency, and fire resistance. Growth trends in the market reveal a strong upward trajectory for polyurethane foam, which is propelled by rising energy efficiency standards and increasing investments in green building practices. Simultaneously, mineral wool is also gaining traction, driven by its sound insulation properties and fire resistance. As industrial sectors focus on sustainable building materials, the demand for these innovative insulation solutions is expected to surge, impacting the competitive landscape of the market.

Fiberglass (Dominant) vs. Cellular Glass (Emerging)

Fiberglass remains the dominant material type in the US industrial thermal insulation market, largely due to its lightweight nature, versatility, and relatively low cost. It is widely used across various sectors including HVAC, construction, and manufacturing because it provides excellent thermal performance and complies with various regulations. On the other hand, cellular glass is recognized as an emerging segment, prized for its superior resistance to moisture, fire, and chemicals, making it particularly suitable for critical applications in industries such as petrochemicals and pharmaceuticals. As industrial players increasingly seek durable and efficient insulation materials, the market position of each material type continues to evolve.

By Installation Type: Pre-Insulated (Largest) vs. Field Applied (Fastest-Growing)

In the US industrial thermal insulation market, the installation type segment is primarily characterized by three main values: Pre-Insulated, Field Applied, and Modular. Among these, the Pre-Insulated segment holds the largest market share, capitalizing on its efficiency and ease of installation. The Field Applied segment, however, is gaining traction rapidly, indicating a notable shift towards on-site application methods that offer flexibility and customization. Modular insulation, while present, remains less prominent compared to the other two.

Installation Type: Pre-Insulated (Dominant) vs. Field Applied (Emerging)

Pre-Insulated insulation is favored in many industrial applications due to its inherent efficiency and installation speed. This method minimizes installation time at construction sites and substantially reduces material waste. On the other hand, Field Applied insulation is gaining favor as industries seek more adaptable solutions, leading to increased customization for specific projects. As these industries evolve, the Field Applied segment is stepping up, supported by advancements in application technology and sustainability considerations, making it a critical player for future growth. Modular insulation, while innovative and effective in certain scenarios, has yet to achieve significant market presence compared to the pre-insulated dominance, yet it still offers distinct advantages in terms of design and rapid assembly.

By Thickness: Thick (Largest) vs. Thin (Fastest-Growing)

In the United States industrial thermal insulation market, thickness represents a crucial aspect influencing product selection. The market is primarily dominated by thick insulation materials, which account for the largest share due to their effectiveness in temperature control and energy efficiency. Medium thickness options also maintain a notable presence, while thin insulation, although trailing, is quickly gaining traction among consumers seeking cost-effectiveness and ease of installation, reflecting a shift in market preferences. The growth trends in this segment are marked by the rising demand for thin insulation, spurred by advancements in manufacturing technologies that make these products more efficient and affordable. As energy regulations become stricter, industries are gravitating towards better insulation materials that promise lower energy loss without sacrificing space. Factors such as increased awareness of sustainability and evolving building designs are further propelling the thin insulation popularity, making it the fastest-growing segment in this market.

Thickness: Thick (Dominant) vs. Thin (Emerging)

In the US industrial thermal insulation market, thick insulation is recognized as the dominant player due to its superior insulation capabilities, which are essential for industrial applications. Its ability to withstand extreme temperatures makes it a preferred choice for sectors such as manufacturing and construction, where thermal efficiency is critical. Conversely, thin insulation is emerging as an increasingly popular alternative, appealing to sectors aiming for a balance between performance and space optimization. Characterized by ease of installation and budget-friendly options, this segment is witnessing a progressive adoption, driven by changing consumer preferences and innovation in materials. The shift towards more compact and flexible insulation solutions underlines the dynamic nature of this market.

Get more detailed insights about US Industrial Thermal Insulation Market

Key Players and Competitive Insights

The industrial thermal insulation market is currently characterized by a competitive landscape that is both dynamic and multifaceted. Key growth drivers include the increasing demand for energy efficiency, stringent regulatory frameworks, and a growing emphasis on sustainability. Major players such as Owens Corning (US), Johns Manville (US), and Rockwool International (US) are strategically positioned to leverage these trends. Owens Corning (US) focuses on innovation in product development, particularly in eco-friendly insulation solutions, while Johns Manville (US) emphasizes regional expansion and enhancing its manufacturing capabilities. Rockwool International (US) is actively pursuing partnerships to bolster its market presence, particularly in the commercial sector. Collectively, these strategies contribute to a competitive environment that is increasingly shaped by technological advancements and sustainability initiatives.

In terms of business tactics, companies are localizing manufacturing to reduce lead times and optimize supply chains. The market structure appears moderately fragmented, with several key players holding substantial market shares. This fragmentation allows for a diverse range of products and services, fostering competition that drives innovation and efficiency. The collective influence of these major players is significant, as they set industry standards and influence pricing strategies.

In November 2025, Owens Corning (US) announced the launch of a new line of sustainable insulation products designed to reduce carbon emissions during production. This strategic move not only aligns with global sustainability goals but also positions the company as a leader in eco-friendly solutions, potentially attracting environmentally conscious consumers and businesses. The introduction of these products may enhance Owens Corning's competitive edge in a market increasingly focused on sustainability.

In October 2025, Johns Manville (US) completed the expansion of its manufacturing facility in Texas, which is expected to increase production capacity by 30%. This expansion is strategically important as it allows the company to meet the growing demand for insulation products in the region, thereby strengthening its market position. The enhanced capacity may also facilitate quicker response times to customer needs, further solidifying Johns Manville's reputation for reliability.

In September 2025, Rockwool International (US) entered into a strategic partnership with a leading construction firm to develop innovative insulation solutions tailored for high-performance buildings. This collaboration is indicative of a broader trend towards integrated solutions in the construction industry, where insulation plays a critical role in energy efficiency. By aligning with construction leaders, Rockwool International (US) is likely to enhance its visibility and influence in the market, potentially leading to increased sales and market share.

As of December 2025, current competitive trends are heavily influenced by digitalization, sustainability, and the integration of AI technologies. Companies are increasingly forming strategic alliances to enhance their product offerings and market reach. The shift from price-based competition to a focus on innovation, technology, and supply chain reliability is evident. Moving forward, competitive differentiation will likely hinge on the ability to deliver sustainable, technologically advanced solutions that meet the evolving needs of consumers and regulatory standards.

Key Companies in the US Industrial Thermal Insulation Market market include

Industry Developments

Recent developments in the US Industrial Thermal Insulation Market have shown significant growth and innovation. Companies like Owens Corning and BASF are actively engaging in Research and Development initiatives to enhance insulation materials' performance and sustainability. In September 2023, Rockwool International announced the expansion of its manufacturing facility in the US to meet the growing demand for mineral wool insulation. Additionally, in August 2023, Insulspan unveiled new products focusing on energy efficiency, responding to increased regulatory pressures on energy consumption in industrial applications.

Mergers and acquisitions have been noteworthy, including the acquisition of a subsidiary by Saint-Gobain in July 2023, enhancing its position in the insulation market. The market has experienced a surge in valuation, making it an attractive sector for investors, driven by rising energy costs and a shift toward environmentally friendly solutions. Furthermore, in the past two years, notable events included the increase in awareness regarding energy efficiency and the regulatory changes impacting thermal insulation materials. As the US continues to prioritize sustainable practices, companies like 3M and Kingspan Group are positioning themselves strategically to capitalize on these trends.

Future Outlook

US Industrial Thermal Insulation Market Future Outlook

The US industrial thermal insulation market is projected to grow at a 4.77% CAGR from 2024 to 2035, driven by energy efficiency regulations, technological advancements, and increasing industrial activities.

New opportunities lie in:

  • Development of high-performance insulation materials for extreme temperatures.
  • Integration of smart insulation technologies for real-time monitoring.
  • Expansion into renewable energy sectors with specialized insulation solutions.

By 2035, the market is expected to be robust, driven by innovation and sustainability initiatives.

Market Segmentation

US Industrial Thermal Insulation Market End Use Outlook

  • Oil and Gas
  • Chemical Processing
  • Power Generation
  • Manufacturing

US Industrial Thermal Insulation Market Thickness Outlook

  • Thin
  • Medium
  • Thick

US Industrial Thermal Insulation Market Application Outlook

  • Thermal Insulation
  • Acoustic Insulation
  • Fire Insulation
  • Cryogenic Insulation

US Industrial Thermal Insulation Market Material Type Outlook

  • Fiberglass
  • Mineral Wool
  • Polyurethane Foam
  • Cellular Glass

US Industrial Thermal Insulation Market Installation Type Outlook

  • Pre-Insulated
  • Field Applied
  • Modular

Report Scope

MARKET SIZE 2024512.95(USD Million)
MARKET SIZE 2025537.42(USD Million)
MARKET SIZE 2035856.42(USD Million)
COMPOUND ANNUAL GROWTH RATE (CAGR)4.77% (2024 - 2035)
REPORT COVERAGERevenue Forecast, Competitive Landscape, Growth Factors, and Trends
BASE YEAR2024
Market Forecast Period2025 - 2035
Historical Data2019 - 2024
Market Forecast UnitsUSD Million
Key Companies ProfiledOwens Corning (US), Johns Manville (US), Rockwool International (US), Knauf Insulation (US), BASF Corporation (US), Saint-Gobain (US), Armacell (US), Thermafiber (US), Insulation Corporation of America (US)
Segments CoveredApplication, End Use, Material Type, Installation Type, Thickness
Key Market OpportunitiesGrowing demand for energy-efficient insulation solutions driven by regulatory changes and sustainability initiatives in the US industrial thermal insulation market.
Key Market DynamicsRising demand for energy efficiency drives innovation and competition in the US industrial thermal insulation market.
Countries CoveredUS

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FAQs

What is the expected market size of the US Industrial Thermal Insulation Market in 2024?

The US Industrial Thermal Insulation Market is expected to be valued at 513.0 million USD in 2024.

What growth rate is anticipated for the US Industrial Thermal Insulation Market from 2025 to 2035?

The market is projected to grow at a CAGR of 4.686% from 2025 to 2035.

How much will the US Industrial Thermal Insulation Market be worth by 2035?

By 2035, the market is expected to reach a valuation of 849.0 million USD.

What are the key players in the US Industrial Thermal Insulation Market?

Major players include Insulspan, CertainTeed, BASF, Owens Corning, and Knauf Insulation among others.

What is the projected market size for Calcium Silicate in 2035?

The market for Calcium Silicate is expected to be valued at 200.0 million USD in 2035.

What is the expected size of the Mineral Fiber segment by 2035?

In 2035, the Mineral Fiber segment is expected to reach 250.0 million USD.

How much is the Foamed Plastic segment projected to be valued at in 2035?

The Foamed Plastic segment is anticipated to be valued at 210.0 million USD in 2035.

What challenges does the US Industrial Thermal Insulation Market face?

The market may face challenges like fluctuating raw material costs and regulatory changes.

What are the growth drivers for the US Industrial Thermal Insulation Market?

Growth drivers include increasing energy efficiency regulations and rising industrial activities.

What could be the impact of global economic conditions on the market?

Current global economic conditions may affect material availability and pricing within the market.

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