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Globe and Mail
7 days ago
- Business
- Globe and Mail
OEM Insulation Market Business Growth, Development Factors, Current and Future Trends till 2030
The OEM Insulation Market is witnessing steady growth driven by rising demand across automotive, appliances, and industrial sectors. Innovation in energy-efficient materials and regulations on thermal performance boost adoption. Key players include Owens Corning, Saint-Gobain, Armacell, Johns Manville, and Knauf Insulation. The OEM Insulation market is anticipated to grow from USD 17.99 billion in 2024 to USD 24.80 billion by 2030, at a CAGR of 5.5% during the forecast market research report covers critical elements such as market dynamics, competitive environments, OEM Insulation market growth opportunities, challenges, and regional differences. Increasing power and energy requirements in emerging economies and stringent regulations mandating insulation materials for energy conservation drive the OEM insulation market. Many HVAC equipment manufacturers are focusing on bringing technical advancements of HVAC equipment used in the construction sector, driving the global OEM insulation market. Another factor driving the growth of the OEM insulation market is the large number of public transport vehicles adopting air-conditioned technology. Governments of various countries are now adopting an integrated approach to conserve energy and implementing an energy management system, which varies according to traffic and environmental conditions. Download PDF Brochure: By Material Type, the Polyurethane Foam (PUF) segment is estimated to account for the largest share of the OEM Insulation market by value in 2023 The Polyurethane Foam (PUF) segment is estimated to hold the maximum revenue share of the OEM insulation market based on OPE values projected to grow with prompt advancement owing to its thermal insulation properties, weightlessness, and flexibility, which make it used in almost every sector—automotive, construction, appliances, and industrial equipment are amongst them—and the expected EPSret underway. PUF offers high energy efficiency by lowering heat transfer for heat barrier applications. In the automotive segment, PUF is often used for heating, ventilation, and air conditioning system insulation, which aids in noise reduction and accommodates passenger comfort. It's also highly adaptable for diverse forms and sizes, perfect for intricate design criteria. Due to the growing environmental regulations, PUF insulates walls, roofs, and floors due to the necessity of building energy-efficient structures in the construction industry. Additionally, polyurethane formulations have continued to improve with, for example, the addition of low-global warming potential blowing agents, and the resulting PUF has emerged as one of the most environmentally friendly solutions, with that reason being its adoption. PUF remains exclusive in the OEM insulation market due to its unrivaled R-value, strength, ease of application as spray or injection, and overall cost-effectiveness and sustainability. Transportation is projected to be the fastest-growing segment of the OEM Insulation market by value by end-use during the forecast period. Overall, the value-based OEM insulation market in the transportation sector is projected to grow at the fastest CAGR during the forecast period. This is driven by high demand for energy-efficient and lightweight vehicles, stringent government emission regulations, and passenger comfort/safety awareness. Almost all automotive, aerospace, marine, and rail industries use insulation materials in high volumes since they impact end performance from a thermal management, noise reduction, and vibration control standpoint. The automobile market, where electric vehicle (EV) production is going through exponential demand growth, is one of the significant factors driving advanced insulation solution requirements. To support this, EVs have required highly selective heat management to keep the batteries safe, charged, and functional for passenger safety. This has driven the penetration of high-performance polyurethane foam or polyisocyanurate insulation materials. Similarly, aerospace needs lightweight insulation material for fireproofing to meet performance and safety standards in stricter industries. As part of it all, the increasing preference for sustainable transportation solutions has also resulted in market growth through the helping hand of ecologically insulation materials. Moreover, rapid urbanization and public transportation infrastructure investments in emerging markets across the Asia Pacific are expected to create positive prospects for OEM Insulation manufacturers. This cocktail of regulatory and commercial pressures and technological progress is the reason for such strong growth in the transport segment. By region, Europe is estimated to account for the largest segment of the OEM Insulation market in 2023. Europe became the largest segment of the OEM insulation market in 2023, enhanced by strict regulatory requirements, a solid industrial base, and increasing emphasis on environmental factors. The European environmental initiatives and programs on climate, culminating into the EU Green Deal, played a significant part in shaping heightened demand for advanced insulation solutions in sectors such as automotive, aerospace, construction and HVAC that require these solutions. Industries are gearing up to make use of energy-efficient insulation to make sure their constructions are up to new energy performance standards and to minimize their respective carbon footprints. The automotive sector has been the driving force behind the increase in the OEM market for insulation, particularly the increasing demand for electric vehicles (EV). Insulatory materials are foundational for enabling thermal matters effectively to increase battery efficiency and control the noise levels in EVs. Correspondingly, Europe's aerospace industry has always been in need of lightweight fireproof insulations to enhance fuel efficiency and comply with stringent safety and environmental regulations. With Europe taking initiatives in R&D and innovation, Europe has provided the platform for developing green and high-performance densities. The OEM insulation continuum in Europe has been reinforced by key insulator suppliers and technological advancements remaining present. Europe is now expected to hold on to its dominant market position in OEM insulation as sustainability becomes an increasingly central consideration. OEM Insulation Companies The major players operating in the OEM Insulation market include Covestro AG (Germany), Owens Corning Corp. (US), Rockwool International A/S (Denmark), Saint-Gobain ISOVER (France), Knauf Insulation (US), Huntsman Corporation (US), Armacell International S.A. (Luxembourg), Aspen Aerogels Inc. (US), Johns Manville Corporation (US), Kingspan Group (Ireland), China Jushi Co. Ltd. (China), and Rogers Corporation (US) are the key players in the market. Covestro AG (Germany) Covestro AG is a prominent producer and supplier of high-quality polymers and polyurethane foams. Covestro AG is a Bayer subsidiary established in 2015, formerly known as Bayer Material Science. With a primary focus on producing advanced polymer materials and creating cutting-edge solutions for daily usage, it is involved in various commercial endeavors. Owens Corning (US) Owens Corning, a global insulation manufacturing company, provides thermal and acoustic products at high, mid, and low temperatures. Insulation, Composites, and Roofing comprise the organization's three segments. It offers insulation solutions to the commercial, industrial, and residential sectors. The organization provides thermal and acoustic products for appliances, including the range/oven, dishwasher, and laundry, through the OC appliances application. It provides insulation for various markets, including commercial interiors (wall panels), HVAC equipment, and water heaters. Additionally, the organization provides residential insulation, including formula XPS insulation, mineral wool insulation, and fiberglass insulation. Its applications encompass basement insulation, air distribution, ceiling, floor, and wall insulation. Owens Corning distributes its insulation products in the United States, Canada, Europe, Asia Pacific, and Latin America, and it operates in 31 countries. It operates manufacturing facilities in the United States, Mexico, and China, as well as fabrication facilities in the United States, Mexico, Italy, and Poland. Rockwool A/S (Denmark) ROCKWOOL A/S manufactures a broad range of insulation products for the insulation industry. The company's products are based on premium and innovative stone wool technology. It generates revenue from five brands: ROCKWOOL, Rockfon, Rockpanel, Lapinus, and Grodan. SAINT GOBAIN ISOVER (France) Saint-Gobain is a global manufacturer and distributor of insulation materials. It provides technical insulation materials through its subsidiaries, ISOVER and Izocam (Istanbul, Turkey). The company is an insulation sub-brand of the Saint-Gobain Group and the world's leading supplier of sustainable insulation solutions for various markets in buildings, transportation, and industrial applications. It also caters to applications in process, marine, and horticultural industries. ISOVER offers technical insulation products used in boilers, ovens, and pipework under the construction products segment. About MarketsandMarkets™ MarketsandMarkets™ has been recognized as one of America's best management consulting firms by Forbes, as per their recent report. MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. We have the widest lens on emerging technologies, making us proficient in co-creating supernormal growth for clients. Earlier this year, we made a formal transformation into one of America's best management consulting firms as per a survey conducted by Forbes. The B2B economy is witnessing the emergence of $25 trillion of new revenue streams that are substituting existing revenue streams in this decade alone. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines – TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing. Built on the 'GIVE Growth' principle, we work with several Forbes Global 2000 B2B companies – helping them stay relevant in a disruptive ecosystem. Our insights and strategies are molded by our industry experts, cutting-edge AI-powered Market Intelligence Cloud, and years of research. The KnowledgeStore™ (our Market Intelligence Cloud) integrates our research, facilitates an analysis of interconnections through a set of applications, helping clients look at the entire ecosystem and understand the revenue shifts happening in their industry.
Associated Press
12-05-2025
- Business
- Associated Press
Saint-Gobain North America Announces 2025 Winners of United States National Round of ‘Architecture Student Contest'
Last week, Saint-Gobain North America, through its building materials subsidiary CertainTeed, held the United States National round of the Saint-Gobain Architecture Student Contest, awarding Alexander Davidson Caroll, Magnolia Moskun and Huiyun Qiu from Rhode Island School of Design the top prize for their project aimed at revitalizing the Nord Isère area in southeastern France by redesigning an abandoned school in the village of Chimilin into a multi-use building, and developing a new residential area near the Grands Ateliers, a center for experimentation and prototyping of architectural projects. Created in 2004, the Saint-Gobain Architecture Student Contest is intended for university students specializing in architecture, engineering, and building design. The competition aims to showcase students' technical and creative competencies through the development of projects that respond to the authentic needs of a neighborhood or urban area, while adhering to Saint-Gobain's principles of sustainable construction. This year, the competition includes over 1360 students in 546 teams from 211 different universities. Hosted at the offices of the American Institute of Architects in New York City, teams competed for the chance to represent the United States in the international competition, which will be held in Lyon, France in June. Judged by a panel of experts including Yorgo Lykouria of RainlightSTUDIO, Elzbieta Skowronek an architect and former Borough Commissioner for the New York City Building Department, and Michelle Schutt, CertainTeed's Senior Manager of Architectural Sales, each project was judged on architectural design, technical and environmental detail, construction detail, and product usage. 'I'm deeply impressed by the outstanding quality of proposals submitted for this year's U.S. round of the Saint-Gobain Architecture Student Contest. Congratulations to all participants for sharing your innovative design ideas. You are truly becoming the future leaders of our industry, and innovators in sustainable construction,' said Mark Rayfield, CEO of Saint-Gobain North America and CertainTeed. 'I would like to express my gratitude to our judges for their support in showcasing the talents of this new generation of architects and look forward to seeing Alexander, Magnolia and Huiyun compete this summer in Lyon.' As the winners of the US National round, Alexander, Magnolia and Huiyun will travel to France in June, along with their professor Jonathan Knowles, to compete among winning students from 32 other countries in the International round. Here they will receive further feedback from international judges, a tour of the subject city, and other resources to further their architectural education. Winners of the international round will receive 5,000€ for first place, 3,000€ for second, and 1,500€ for third place. With over 160 manufacturing locations in the United States and Canada, every current and future member of the company's team plays a vital role in achieving its sustainability goals. A current list of job openings at all Saint-Gobain locations can be found on the company's career website. About Saint-Gobain Worldwide leader in light and sustainable construction, Saint-Gobain designs, manufactures and distributes materials and services for the construction and industrial markets. Its integrated solutions for the renovation of public and private buildings, light construction and the decarbonization of construction and industry are developed through a continuous innovation process and provide sustainability and performance. The Group, celebrating its 360th anniversary in 2025, remains more committed than ever to its purpose 'MAKING THE WORLD A BETTER HOME'. €46.6 billion in sales in 2024161,000 employees, locations in 80 countriesCommitted to achieving Carbon Neutrality by 2050 For more information about Saint-Gobain, visit and follow us on Twitter @ saintgobain MEDIA CONTACTSPeter Clark(+1) 603 513 8513 Visit 3BL Media to see more multimedia and stories from Saint-Gobain
