Description
The Insulation Material Market Report – Europe is now also available in parts (e.g. individual country profiles or all manufacturer profiles). Please feel free to contact us and we will immediately send you an offer for your specific selection.
Extremely thin and highly insulating, fireproof and light as a feather – are aerogels the insulating materials of the future? They are already available not only for space suits, electric vehicles and batteries, but also for house walls. The nanoporous high-tech materials are usually made from silicon dioxide, but they can also be obtained from biopolymers such as cellulose or lignin. However, the best insulating materials to date are often still too expensive, too energy-intensive and perhaps simply not well-known enough to seriously compete with conventional foams. According to the latest Ceresana study on the European market for insulation materials, which is already the 6th edition, demand for EPS, which is sold under trade names such as Styropor or Airpop, is currently growing in particular. The construction industry in Europe currently uses around 231 million cubic meters of insulating materials per year. However, this study does not cover insulation materials for other sectors, such as the automotive industry, household and commercial appliances or industrial process plants.
Wide selection of different insulation materials
Today, mineral wool (glass and stone wool) and foamed plastics, i.e. expanded polystyrene (EPS), extruded polystyrene (XPS), polyurethane (PUR), and polyisocyanurate (PIR), are mainly used for thermal insulation and soundproofing. Synthetic insulation materials made from plastics are produced from crude oil or natural gas and have to be treated with flame retardants, but on the other hand they score points for durability, weather resistance, low weight and, so far, price. Bio-based insulation materials still only make up a small proportion of the total insulation market throughout Europe. However, alternative insulating materials made from renewable raw materials are becoming increasingly popular, for example sheep’s wool, cork, hemp, flax, cellulose flakes, coconut or other fibers. Sustainable organic products that are offered with labels such as the German “Blue Angel” or the “Austrian Ecolabel” can also improve the energy balance of buildings. They are compatible with bio-based paints and coatings, bio-adhesives and ecologically beneficial building materials. The fire behavior of natural insulation materials is often more favorable than that of rigid foams, which can burn extremely quickly, dripping and with heavy smoke formation. Furthermore, the utilized types of insulation materials can vary a lot regionally. Ceresana’s new market report therefore deals with the specific circumstances and factors in chapters focused on individual countries.
Challenges for the construction industry
Political uncertainty, the end of cheap money, more expensive raw materials, and generally rising costs are causing problems for the construction industry in Europe. Increasingly, real estate and construction companies are having to give up – the spectacular bankruptcy of Signa in Austria is just one example. In many places, the renovation sector is developing more dynamically than new construction because new projects are being abandoned, downsized or postponed. There are major regional differences: In Ireland and Spain, residential construction is still suffering from the consequences of the real estate bubbles burst during the 2008 financial crisis. In Sweden, two thirds of all contracts for new residential buildings were canceled in the first half of 2023, even at the expense of down payments. In Germany, the current federal government set a target of 400,000 new apartments per year – around 225,000 apartments are currently being built. Commercial construction suffers from high vacancy rates in some cases. The continuing trend towards teleworking and online shopping is reducing demand for office and retail properties; on the other hand, more and more warehouse and logistics buildings and data centers are needed. Planned investments in energy efficiency and energy saving give manufacturers and processors of insulation materials hope: The EU Commission wants to mobilize up to EUR 300 billion to make the European Union independent of crude oil and gas from Russia by 2030 and climate-neutral by 2050. The German government wants to boost the flagging construction industry this year with EUR 2 billion in subsidies for “climate-friendly new buildings”.
Current market study “Insulation Material – Europe” (6th edition):
Chapter 1 provides a well-founded overview of the entire European market for insulation materials in the construction industry with forecasts up to the year 2032. Clear tables and graphs provide up-to-date market data on the most important types of insulation material: Total revenue, production, and demand for:
- EPS
- XPS
- PUR/PIR
- glass wool
- stone wool.
A separate section deals with the topic of bio-based insulation materials.
Chapter 2 presents a detailed presentation and analysis of the insulation market development in 18 European countries: Demand, revenues, production, and trade of insulation materials are each considered individually. The key figures in millions of cubic meters are shown separately for the various insulation material types. Demand is also broken down into the construction segments:
- new construction
- renovation
- residential construction
- non-residential construction.
Chapter 3 presents useful company profiles of the largest insulation material manufacturers, clearly arranged according to contact details, revenues, net income, product range, production sites, profile summary, as well as product types and application areas. In-depth profiles of the 54 most important producers are given, for example of BASF SE, BEWI ASA, Compagnie de Saint-Gobain S.A., Covestro AG, Kingspan Group plc, Knauf Insulation GmbH, Recticel NV/SA; Rockwool International A/S, and Sika AG.
=> The market study “Biobased Insulation Material – Europe” is available from Ceresana specifically on insulation products made from wood, cellulose and other renewable raw materials. Ceresana also regularly analyzes the entire global market for insulation materials. Also interesting in this context are current Ceresana market studies on flame retardants, paints and coatings, adhesives and various construction products, for example windows, doors and pipes.
1 Market Data
1.1 Demand
1.2 Revenues
1.3 Production
1.4 Demand by construction segment
1.4.1 New construction
1.4.2 Renovation
1.4.3 Residential construction
1.4.4 Non-residential construction
1.5 Demand by insulation material
1.5.1 Expanded polystyrene (EPS) & extruded polystyrene (XPS)
1.5.1.1 EPS
1.5.1.2 XPS
1.5.2 Polyurethane (PUR) & Polyisocyanurate (PIR)
1.5.3 Glass wool
1.5.4 Stone wool
1.6 Production by insulation material
1.6.1 EPS
1.6.2 XPS
1.6.3 PUR & PIR
1.6.4 Glass wool
1.6.5 Stone wool
1.7 Excursus: Biobased Insulation
1.7.1 Wood
1.7.2 Cellulose
1.7.3 Straw
1.7.4 Hemp
1.7.5 Flax
1.7.6 Reed
1.7.7 Grass
1.7.8 Cork
1.7.9 Coconut (Coir)
1.7.10 Others
2 Market Data: Country Profiles
2.1 Europe
2.1.1 Austria
2.1.1.1 Demand & Revenues
2.1.1.2 Production & Trade
2.1.2 Belgium
2.1.2.1 Demand & Revenues
2.1.2.2 Production & Trade
2.1.3 Czechia
2.1.3.1 Demand & Revenues
2.1.3.2 Production & Trade
2.1.4 Finland
2.1.4.1 Demand & Revenues
2.1.4.2 Production & Trade
2.1.5 France
2.1.5.1 Demand & Revenues
2.1.5.2 Production & Trade
2.1.6 Germany
2.1.6.1 Demand & Revenues
2.1.6.2 Production & Trade
2.1.7 Italy
2.1.7.1 Demand & Revenues
2.1.7.2 Production & Trade
2.1.8 Norway
2.1.8.1 Demand & Revenues
2.1.8.2 Production & Trade
2.1.9 Poland
2.1.9.1 Demand & Revenues
2.1.9.2 Production & Trade
2.1.10 Romania
2.1.10.1 Demand & Revenues
2.1.10.2 Production & Trade
2.1.11 Russia
2.1.11.1 Demand & Revenues
2.1.11.2 Production & Trade
2.1.12 Spain
2.1.12.1 Demand & Revenues
2.1.12.2 Production & Trade
2.1.13 Sweden
2.1.13.1 Demand & Revenues
2.1.13.2 Production & Trade
2.1.14 Switzerland
2.1.14.1 Demand & Revenues
2.1.14.2 Production & Trade
2.1.15 The Netherlands
2.1.15.1 Demand & Revenues
2.1.15.2 Production & Trade
2.1.16 Turkey
2.1.16.1 Demand & Revenues
2.1.16.2 Production & Trade
2.1.17 Ukraine
2.1.17.1 Demand & Revenues
2.1.17.2 Production & Trade
2.1.18 United Kingdom
2.1.18.1 Demand & Revenues
2.1.18.2 Production & Trade
2.1.19 Other Europe
2.1.19.1 Demand & Revenues
2.1.19.2 Production & Trade
3 Company Profiles*
Austria (7 Producers)
Belgium (2)
Denmark (1)
Finland (1)
France (3)
Germany (17)
Greece (1)
Hungary (1)
Ireland (1)
Italy (1)
Luxembourg (1)
Norway (3)
Poland (2)
Russia (4)
Spain (1)
Switzerland (4)
The Netherlands (1)
Turkey (4)
United Kingdom (3)
*Note: The profiles are assigned to the country in which the company or holding is headquartered. Profiles also include JVs and subsidiaries.
Graph 1: Demand in Europe from 2020 to 2032
Graph 2: Revenues generated in Europe from 2020 to 2032 in billion USD and billion EUR
Graph 3: Production in Europe from 2020 to 2032
Graph 4: European demand for biobased insulation materials in 2022 – split by material
Graph 5: Demand in Austria from 2020 to 2032
Graph 6: Production in Austria from 2020 to 2032
Graph 7: Demand in Belgium from 2020 to 2032
Graph 8: Production in Belgium from 2020 to 2032
Graph 9: Demand in Czechia from 2020 to 2032
Graph 10: Production in Czechia from 2020 to 2032
Graph 11: Demand in Finland from 2020 to 2032
Graph 12: Production in Finland from 2020 to 2032
Graph 13: Demand in France from 2020 to 2032
Graph 14: Production in France from 2020 to 2032
Graph 15: Demand in Germany from 2020 to 2032
Graph 16: Production in Germany from 2020 to 2032
Graph 17: Demand in Italy from 2020 to 2032
Graph 18: Production in Italy from 2020 to 2032
Graph 19: Demand in Norway from 2020 to 2032
Graph 20: Production in Norway from 2020 to 2032
Graph 21: Demand in Poland from 2020 to 2032
Graph 22: Production in Poland from 2020 to 2032
Graph 23: Demand in Romania from 2020 to 2032
Graph 24: Production in Romania from 2020 to 2032
Graph 25: Demand in Russia from 2020 to 2032
Graph 26: Production in Russia from 2020 to 2032
Graph 27: Demand in Spain from 2020 to 2032
Graph 28: Production in Spain from 2020 to 2032
Graph 29: Demand in Sweden from 2020 to 2032
Graph 30: Production in Sweden from 2020 to 2032
Graph 31: Demand in Switzerland from 2020 to 2032
Graph 32: Production in Switzerland from 2020 to 2032
Graph 33: Demand in the Netherlands from 2020 to 2032
Graph 34: Production in the Netherlands from 2020 to 2032
Graph 35: Demand in Turkey from 2020 to 2032
Graph 36: Production in Turkey from 2020 to 2032
Graph 37: Demand for insulation materials in Ukraine from 2020 to 2032
Graph 38: Production in Ukraine from 2020 to 2032
Graph 39: Demand in the United Kingdom from 2020 to 2032
Graph 40: Production in the United Kingdom from 2020 to 2032
Graph 41: Demand in the remaining countries of Europe from 2020 to 2032
Graph 42: Production in the remaining countries of Europe from 2020 to 2032
Table 1: European demand from 2020 to 2032 – split by country
Table 2: Revenues generated in Europe from 2020 to 2032 in billion USD and billion EUR
Table3: Production in Europe from 2020 to 2032 – split by country
Table 4: European demand from 2020 to 2032 – split by construction segment
Table 5: European demand in new construction from 2020 to 2032 – split by country
Table 6: European demand in renovation from 2020 to 2032 – split by country
Table 7: European demand in residential construction from 2020 to 2032 – split by country
Table 8: European demand in non-residential construction from 2020 to 2032 – split by country
Table 9: European demand from 2020 to 2032 – split by type of insulation material
Table 10: European demand for EPS and XPS from 2020 to 2032 – split by country
Table 11: European demand for EPS from 2020 to 2032 – split by country
Table 12: European demand for XPS from 2020 to 2032 – split by country
Table 13: European demand for PUR and PIR from 2020 to 2032 – split by country
Table 14: European demand for glass wool from 2020 to 2032 – split by country
Table 15: European demand for stone wool from 2020 to 2032 – split by country
Table 16: European production from 2020 to 2032 – split by type of insulation material
Table 17: European production of EPS from 2020 to 2032 – split by country
Table 18: European production of XPS from 2020 to 2032 – split by country
Table 19: European production of PUR and PIR from 2020 to 2032 – split by country
Table 20: European production of glass wool from 2020 to 2032 – split by country
Table 21: European production of stone wool from 2020 to 2032 – split by country
Table 22: Revenues generated in Austria from 2020 to 2032, in million USD and million EUR
Table23: Demand in Austria from 2020 to 2032 – split by construction segment
Table 24: Demand in Austria from 2020 to 2032 – split by type of insulation material
Table 25: Production, import, and export of and demand in Austria from 2020 to 2032
Table 26: Production in Austria from 2020 to 2032 – split by type of insulation material
Table 27: Import and export in Austria from 2020 to 2032 – split by type of insulation material
Table 28: Revenues in Belgium from 2020 to 2032, in million USD and million EUR
Table29: Demand in Belgium from 2020 to 2032 – split by construction segment
Table 30: Demand in Belgium from 2020 to 2032 – split by type of insulation material
Table 31: Production, import, export and demand in Belgium from 2020 to 2032
Table 32: Production in Belgium from 2020 to 2032 – split by type of insulation material
Table 33: Import and export in Belgium from 2020 to 2032 – split by type of insulation material
Table 34: Revenues generated in Czechia from 2020 to 2032, in million USD and million EUR
Table35: Demand in Czechia from 2020 to 2032 – split by construction segment
Table 36: Demand in Czechia from 2020 to 2032 – split by type of insulation material
Table 37: Production, import, and export of and demand in Czechia from 2020 to 2032
Table 38: Production in Czechia from 2020 to 2032 – split by type of insulation material
Table 39: Import and export in Czechia from 2020 to 2032 – split by type of insulation material
Table 40: Revenues generated in Finland from 2020 to 2032 in million USD and million EUR
Table41: Demand in Finland from 2020 to 2032 – split by construction segment
Table 42: Demand in Finland from 2020 to 2032 – split by type of insulation material
Table 43: Production, import, export, and demand in Finland from 2020 to 2032
Table 44: Production in Finland from 2020 to 2032 – split by type of insulation material
Table 45: Import and export in Finland from 2020 to 2032 – split by type of insulation material
Table 46: Revenues generated in France from 2020 to 2032, in million USD and million EUR
Table 47: Demand in France from 2020 to 2032 – split by construction segment
Table 48: Demand in France from 2020 to 2032 – split by type of insulation material
Table 49: Production, import, export, and demand in France from 2020 to 2032
Table 50: Production in France from 2020 to 2032 – split by type of insulation material
Table 51: Import and export in France from 2020 to 2032 – split by type of insulation material
Table 52: Revenues generated in Germany from 2020 to 2032, in million USD and million EUR
Table 53: Demand in Germany from 2020 to 2032 – split by construction segment
Table 54: Demand in Germany from 2020 to 2032 – split by type of insulation material
Table 55: Production, import, export, and demand in Germany from 2020 to 2032
Table 56: Production in Germany from 2020 to 2032 – split by type of insulation material
Table 57: Import and export in Germany from 2020 to 2032 – split by type of insulation material
Table 58: Revenues generated in Italy from 2020 to 2032, in million USD and million EUR
Table 59: Demand in Italy from 2020 to 2032 – split by construction segment
Table 60: Demand in Italy from 2020 to 2032 – split by type of insulation material
Table 61: Production, import, export, and demand in Italy from 2020 to 2032
Table 62: Production in Italy from 2020 to 2032 – split by type of insulation material
Table 63: Import and export in Italy from 2020 to 2032 – split by type of insulation material
Table 64: Revenues generated in Norway from 2020 to 2032 in million USD and million EUR
Table 65: Demand in Norway from 2020 to 2032 – split by construction segment
Table 66: Demand in Norway from 2020 to 2032 – split by type of insulation material
Table 67: Production, import, export, and demand in Norway from 2020 to 2032
Table 68: Production in Norway from 2020 to 2032 – split by type of insulation material
Table 69: Import and export in Norway from 2020 to 2032 – split by type of insulation material
Table 70: Revenues generated in Poland from 2020 to 2032, in million USD and million EUR
Table71: Demand in Poland from 2020 to 2032 – split by construction segment
Table 72: Demand in Poland from 2020 to 2032 – split by type of insulation material
Table 73: Production, import, export, and demand in Poland from 2020 to 2032
Table 74: Production in Poland from 2020 to 2032 – split by type of insulation material
Table 75: Revenues generated in Romania from 2020 to 2032, in million USD and million EUR
Table76: Demand in Romania from 2020 to 2032 – split by construction segment
Table 77: Demand in Romania from 2020 to 2032 – split by type of insulation material
Table 78: Production, import, export and demand in Romania from 2020 to 2032
Table 79: Production in Romania from 2020 to 2032 – split by type of insulation material
Table 80: Import and export in Romania from 2020 to 2032 – split by type of insulation material
Table 81: Revenues generated in Russia from 2020 to 2032, in million USD and million EUR
Table 82: Demand in Russia from 2020 to 2032 – split by construction segment
Table 83: Demand in Russia from 2020 to 2032 – split by type of insulation material
Table 84: Production, import, export, and demand in Russia from 2020 to 2032
Table 85: Production in Russia from 2020 to 2032 – split by type of insulation material
Table 86: Import and export in Russia from 2020 to 2032 – split by type of insulation material
Table 87: Revenues generated in Spain from 2020 to 2032, in million USD and million EUR
Table 88: Demand in Spain from 2020 to 2032 – split by construction segment
Table 89: Demand in Spain from 2020 to 2032 – split by type of insulation material
Table 90: Production, import, export, and demand in Spain from 2020 to 2032
Table 91: Production in Spain from 2020 to 2032 – split by type of insulation material
Table 92: Import and export in Spain from 2020 to 2032 – split by type of insulation material
Table 93: Revenues generated in Sweden from 2020 to 2032, in million USD and million EUR
Table94: Demand in Sweden from 2020 to 2032 – split by construction segment
Table 95: Demand in Sweden from 2020 to 2032 – split by type of insulation material
Table 96: Production, import, export and demand in Sweden from 2020 to 2032
Table 97: Production in Sweden from 2020 to 2032 – split by type of insulation material
Table 98: Import and export in Sweden from 2020 to 2032 – split by type of insulation material
Table 99: Revenues generated in Switzerland from 2020 to 2032 in million USD and million EUR
Table100: Demand in Switzerland from 2020 to 2032 – split by construction segment
Table 101: Demand in Switzerland from 2020 to 2032 – split by type of insulation material
Table 102: Production, import, export and demand in Switzerland from 2020 to 2032
Table 103: Production in Switzerland from 2020 to 2032 – split by type of insulation material
Table 104: Import and export in Switzerland from 2020 to 2032 – split by type of insulation material
Table 105: Revenues generated in the Netherlands from 2020 to 2032, in million USD and million EUR
Table106: Demand in the Netherlands from 2020 to 2032 – split by construction segment
Table 107: Demand in the Netherlands from 2020 to 2032 – split by type of insulation material
Table 108: Production, import, and export of and demand in the Netherlands from 2020 to 2032
Table 109: Production in the Netherlands from 2020 to 2032 – split by type of insulation material
Table 110: Import and export in the Netherlands from 2020 to 2032 – split by type of insulation material
Table 111: Revenues generated in Turkey from 2020 to 2032, in million USD and million EUR
Table 112: Demand in Turkey from 2020 to 2032 – split by construction segment
Table 113: Demand in Turkey from 2020 to 2032 – split by type of insulation material
Table 114: Production, import, export, and demand in Turkey from 2020 to 2032
Table 115: Production in Turkey from 2020 to 2032 – split by type of insulation material
Table 116: Import and export in Turkey from 2020 to 2032 – split by type of insulation material
Table 117: Revenues generated in Ukraine from 2020 to 2032, in million USD and million EUR
Table118: Demand in Ukraine from 2020 to 2032 – split by construction segment
Table 119: Demand in Ukraine from 2020 to 2032 – split by type of insulation material
Table 120: Production, import, export, and demand in Ukraine from 2020 to 2032
Table 121: Production in Ukraine from 2020 to 2032 – split by type of insulation material
Table 122: Import and export in Ukraine from 2020 to 2032 – split by type of insulation material
Table 123: Revenues generated in the United Kingdom from 2020 to 2032, in million USD and million EUR
Table 124: Demand in the United Kingdom from 2020 to 2032 – split by construction segment
Table 125: Demand in the United Kingdom from 2020 to 2032 – split by type of insulation material
Table 126: Production, import, export, and demand in the United Kingdom from 2020 to 2032
Table 127: Production in the United Kingdom from 2020 to 2032 – split by type of insulation material
Table 128: Import and export in the United Kingdom from 2020 to 2032 – split by type of insulation material
Table 129: Revenues generated in the remaining countries of Europe from 2020 to 2032, in million USD and million EUR
Table 130: Demand in the remaining countries of Europe from 2020 to 2032 – split by construction segment
Table 131: Demand in the remaining countries of Europe from 2020 to 2032 – split by type of insulation material
Table 132: Production, import, export and demand in the remaining countries of Europe from 2020 to 2032
Table 133: Production in the remaining countries of Europe from 2020 to 2032 – split by type of insulation material
Table 134: Import and export in the remaining countries of Europe from 2020 to 2032 – split by type of insulation material
