Global Polyisocyanurate Insulation Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Product Type;

Liquid, Spray, and Rigid Foam/Board.

By Application;

Acoustic, Thermal, and Hybrid.

By End Users;

Building & Construction - Roofs and Walls, Transport - Consumer Appliances, and Others.

Segmented by Geography;

North America, Europe, Asia Pacific, Middle East and Africa, and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn158518376 Published Date: March, 2025 Updated Date: April, 2025

Introduction

Global Polyisocyanurate Insulation Market (USD Million), 2021 - 2031

In the year 2024, the Global Polyisocyanurate Insulation Market was valued at USD 13,792.21 million. The size of this market is expected to increase to USD 20,466.03 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 5.8%.

The global polyisocyanurate (PIR) insulation market has seen significant growth due to the increasing demand for energy-efficient building materials. PIR insulation, known for its high thermal resistance and fire retardant properties, is widely used in both residential and commercial buildings. Its excellent performance in reducing heat transfer and improving energy efficiency makes it a preferred choice for thermal insulation in walls, roofs, and floors. The rising global awareness about the importance of energy conservation, along with stricter building codes and regulations, is driving the adoption of PIR insulation products in construction projects.

Asia Pacific holds a prominent share in the PIR insulation market, driven by rapid urbanization, industrialization, and infrastructure development in countries like China, India, and Japan. The region's growing construction sector, particularly in the residential and commercial building segments, is contributing to the demand for effective insulation solutions. North America and Europe also represent significant markets, fueled by the increasing trend of green building certifications and renovation projects aimed at improving energy efficiency. The market in these regions is bolstered by government initiatives and incentives for adopting sustainable and energy-efficient materials.

The market faces challenges, including fluctuations in raw material prices and competition from alternative insulation materials such as polystyrene and mineral wool. Despite these challenges, the innovation in PIR products, such as the development of more environmentally friendly and cost-effective versions, is expected to drive future market growth. Furthermore, the increasing focus on the construction of energy-efficient buildings, particularly in regions with extreme weather conditions, will continue to fuel the demand for PIR insulation in the coming years.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Product Type
    2. Market Snapshot, By Application
    3. Market Snapshot, By End Users
    4. Market Snapshot, By Region
  4. Global Polyisocyanurate Insulation Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Increasing demand for energy-efficient buildings
        2. Growth in construction and infrastructure development
        3. Stringent environmental regulations and energy codes
        4. Technological advancements in insulation materials
        5. Rising awareness of sustainable building practices
      2. Restraints
        1. High raw material costs
        2. Competition from alternative insulation materials
        3. Concerns over the environmental impact of production
        4. Limited product availability in some regions
      3. Opportunities
        1. Expansion in emerging markets
        2. Increasing use in the industrial and commercial sectors
        3. Growing demand for retrofitting and renovation projects
        4. Research and development for improved performance and cost reduction
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Polyisocyanurate Insulation Market, By Product Type, 2021 - 2031 (USD Million)
      1. Liquid
      2. Spray
      3. Rigid Foam/Board
    2. Global Polyisocyanurate Insulation Market, By Application, 2021 - 2031 (USD Million)
      1. Acoustic
      2. Thermal
      3. Hybrid
    3. Global Polyisocyanurate Insulation Market, By End Users, 2021 - 2031 (USD Million)
      1. Building & Construction
      2. Roofs
      3. Walls
      4. Transport
      5. Consumer Appliances
      6. Others
    4. Global Polyisocyanurate Insulation Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. DowDuPont Inc
      2. Owens Corning Insulating Systems LLC
      3. Saint-Gobain
      4. Kingspan Group plc
      5. Honeywell International Inc
      6. Johns Manville Corporation
      7. Stepan Company
      8. Soprema Group
      9. Knauf Insulation
      10. Atlas Roofing Corporation
      11. GAF Materials Corporation
      12. Carlisle SynTec Systems
  7. Analyst Views
  8. Future Outlook of the Market