EXTERNAL WALL INSULATION BOARD MARKET SIZE AND SHARE ANALYSIS - GROWTH TRENDS AND FORECASTS (2025-2032)

External wall insulation boards are crucial components in energy-efficient building designs. These rigid panels which are often made from materials like expanded polystyrene (EPS) or mineral wool are affixed to the exterior of buildings. They enhance thermal performance by reducing heat loss, thus lowering energy consumption, and improving overall comfort. An external wall insulation system (or EWIS) is a thermally insulated, protective, and decorative exterior cladding procedure involving the use of expanded polystyrene, mineral wool, polyurethane foam or phenolic foam, topped off with a reinforced cement based, mineral or synthetic finish and plaster.

The thickness of thermal insulation is dependent on whatever type is required in order to create a partition with a heat transmission factor of U=0.25-0.3 W/m2K. When calculating the actual insulation requirements, consideration must be given to on going building regulation standards. Consideration must also be given to exposure and durability, and whether the structure might be subjected to vandalism and others. In many older properties, special attention is required for concrete beams or lintels which act as thermal bridges providing poor insulation.

External wall insulation systems generally comprise firstly an insulation layer an element which helps to achieve the requisite thermal performance and secondly, a protected weatherproof finish (usually a render, although brick slips, tiles, and decorative boards can also be used). Insulating render can also be an advantage in certain locations. Choice of types and sizes will depend on the substrate and design exposure requirements.

Market Dynamics:

Rising energy costs, growth in construction sector, and lower environmental impact is anticipated to drive growth of the external wall insulation board market over the forecast period. Moreover, government regulations for energy efficiency are also expected to boost the growth of the external wall insulation board market over the forecast period. Emerging new applications, rapid urbanization in developing countries, technology advancements, and supportive government policies are expected to create growth opportunities for the external wall insulation board market during the forecast period.

However, high product and installation costs, low consumer awareness, shortage of skilled labor, and low penetration in developing markets are expected to hamper growth of the external wall insulation board market over the forecast period.

Key features of the study:

• This report provides in-depth analysis of the external wall insulation oard market, and provides market size (US$ Mn) and compound annual growth rate (CAGR %) for the forecast period 2025-2032, considering 2024 as the base year
• It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
• This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends,  regional outlook, and competitive strategies adopted by key players
• It profiles key players in the external wall insulation board market based on the following parameters – company highlights, products portfolio, key highlights, financial performance, and strategies
• Key companies covered as a part of this study include Saint-Gobain, Kingspan, Rockwool, BASF, Johns Manville, Knauf Insulation, Owens Corning, Paroc, Dow Building Solutions, GAF Materials
• Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
• The external wall insulation board market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
• Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the external wall insulation board market

External Wall Insulation Board Market Detailed Segmentation:

• By Material Type:
  • Mineral Wool
  • Expanded Polystyrene
  • Extruded Polystyrene
  • Polyurethane Foam
  • Phenolic Foam
  • Others
• By End-Use Sector:
  • Residential
  • Commercial
  • Institutional
  • Industrial
• By Application:
  • New Construction
  • Retrofit
• By Position:
  • External Thermal Insulation Composite Systems (ETICS)
  • Internal Thermal Insulation Composite Systems (ITICS)
• By Geography:
  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East and Africa
• Company Profile:
  • Saint-Gobain
  • Kingspan
  • Rockwool
  • BASF
  • Johns Manville
  • Knauf Insulation
  • Owens Corning
  • Paroc
  • Dow Building Solutions
  • GAF Materials