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1 Market overview
1.1 Presentation and definition of the building insulation market
Insulation brings together all the techniques that share the dual aim of:
- to acousticallyprotect the interior of the home from outside influences;
- toconserve heat and improve the interior's thermal energy balance;
The market can be divided into two markets: insulation materials and insulation work.
The market is structured between suppliers of raw materials, manufacturers of insulating materials, specifiers, distributors and, finally, installers who work with end customers. The market is driven by new housing starts, but also by renovation. It's a dynamic market on a global scale, with an expected average annual growth rate of 6. 5% from 2022 to 2030.
Players in this market include manufacturers of insulating materials, such as Knauf and Rockwool, market leaders, as well as installers who carry out innovative insulation work in buildings and homes, such as Isocomble and Isorenov.
In Spain, the market is set for strong growth through to the 2030s. The Spanish government is planning to rehabilitate 1,200,000 homes in a housing stock where only 6% meet insulation standards by 2020.
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