Status : Published | Published On : Dec, 2023 | Report Code : VREP3031 | Industry : Energy & Power | Available Format : | Page : 200 |
The global energy-efficient materials market was worth USD 26.40 billion in 2023 and is expected reach USD 46.70 billion by 2030 with a CAGR of 8.20% during the forecast period.
Energy-efficient materials are designed to minimize energy consumption in varied applications by improving insulation, lowering heat transfer, and heightening resource utilization. Examples include high-performance insulation, low-emissivity windows, and advanced composite materials. These materials help decrease environmental impact, reduce energy bills, and alleviate climate change, contributing to sustainable practices.
The global market for energy-efficient materials is categorized by material type into fiberglass, mineral wool, and others, by end-use industry into residential, commercial, and industrial sectors, by technologies into insulation materials, energy-efficient windows and doors, and others, by specific applications into residential, commercial, industrial HVAC and more, and by product forms into raw materials, finished products, and components.
Market Segmentation
Insight by Material Type
The global market for energy-efficient materials is categorized by material type, including fiberglass, mineral wool, cellulose, polyisocyanurate, extruded polystyrene, expanded polystyrene, and other materials. Fiberglass emerged as the dominant player in 2023 due to its versatility, cost-effectiveness, and superior insulation performance. Owens Corning, a key manufacturer, illustrates this with products like EcoTouch, known for efficiently reducing energy consumption.
Mineral wool represents another important segment due to its excellent fire resistance and sound absorption properties. Brands such as Rockwool offer insulation solutions that improve both energy efficiency and safety. With wide obtainability, proven effectiveness, and established market existence, these materials continue to emphasize their supremacy in the global energy-efficient materials market.
Insight by End-use Industry
The global market for energy-efficient materials is segmented by end-use industry into residential, commercial, and industrial sectors. In 2023, the commercial segment led the market, driven by the considerable demand for materials improving building performance. Main components like high-quality insulation, innovative roofing systems, and effective HVAC solutions are essential. For example, TPO roofing membranes from companies like GAF and Carlisle provide outstanding insulation, lowering heating and cooling costs.
Additionally, innovative insulation materials such as spray foam or rigid foam boards, presented by companies like Dow and Johns Manville, are extremely sought after for commercial buildings. These materials improve energy efficiency, decrease operational costs, and support sustainability purposes, solidifying the commercial segment's dominance in the global energy-efficient materials market.
Insight by Technology Type
Different types of energy-efficient technologies divide the global market for energy-efficient materials intro insulation materials, energy-efficient windows and doors, HVAC systems, lighting solutions, and renewable energy systems.
Within this segmentation, insulation materials represent the dominant segment, owing to their widespread application across various industries and their significant contribution to energy efficiency. Insulation materials such as fiberglass, mineral wool, and foam boards are widely used in buildings and industrial facilities to reduce heat transfer and improve thermal efficiency.
On the other hand, the promising segment for growth is renewable energy systems, including solar panels, wind turbines, and geothermal systems. As the demand for clean energy sources continues to rise, there is significant potential for growth in this segment, driven by increasing environmental awareness and government incentives for renewable energy adoption.
Insight by Application
The global market for energy-efficient materials is divided based on specific applications within each sector, such as residential insulation, commercial building roofing, industrial HVAC systems, etc.
The dominant segment within application-based segmentation is commercial buildings, driven by the substantial need for energy-efficient materials to enhance building performance and reduce operational costs. Commercial buildings, such as office complexes, retail outlets, and hotels, require efficient insulation, HVAC systems, and lighting solutions to meet energy efficiency standards and improve sustainability.
On the other hand, the residential insulation also shows growth potential. With increasing emphasis on energy conservation and sustainable living, there is a growing demand for energy-efficient insulation materials in residential construction. This trend is fueled by incentives for energy-efficient home upgrades and a rising awareness of the benefits of insulation in reducing energy consumption and utility bills.
Insight by Product Form
Based on the different product forms, the global market for energy-efficient materials is divided into raw materials, finished products, and components used in energy-efficient solutions.
Out of these, the finished products segment is more dominant as they offer convenient and ready-to-use solutions for consumers and businesses. Finished products like energy-efficient windows, doors, and appliances are readily available in the market and are often preferred for their ease of installation and immediate benefits.
On the other hand, the promising segment for growth is raw materials, particularly advanced composite materials and eco-friendly alternatives. With a growing focus on sustainability and innovation, there is increasing demand for raw materials that enable the development of new energy-efficient products and solutions. This segment presents opportunities for manufacturers to develop novel materials with improved performance and environmental benefits.
Report Metric |
Details |
Historical Period |
2018 - 2023 |
Base Year Considered |
2025 |
Forecast Period |
2025 - 2030 |
Market Size in 2024 |
U.S.D. 26.4 Billion |
Revenue Forecast in 2030 |
U.S.D. 46.7 Billion |
Growth Rate |
8.20% |
Segments Covered in the Report |
By Material Type, By End-use Industry, By Technology Type, By Application, and By Product Form |
Report Scope |
Market Trends, Drivers, and Restraints; Revenue Estimation and Forecast; Segmentation Analysis; Impact of COVID-19; Companies’ Strategic Developments; Market Share Analysis of Key Players; Company Profiling |
Regions Covered in the Report |
North America, Asia-Pacific, Europe, and Rest of the World |
Industry Dynamics
Industry Trends
Ther is ana increase in sustainable construction practices is driving demand for energy-efficient materials to reduce carbon footprint and promote environmental commitments.
Rapid advancements in technology results the development of innovative materials and solutions that promises higher energy efficiency and performance.
Strict energy efficiency regulations and government incentives for green building projects are promoting adoption of energy-efficient materials across different industries.
Growing awareness of the benefits of green building certifications is also driving demand for energy-efficient materials to meet certification requirements.
The rise in the concept of net-zero energy buildings produce as much energy as they consume over the course of a year is leading to higher demand for highly efficient materials and systems.
The integration of smart technologies such as IoT and automation systems is also driving the adoption of energy-efficient materials.
Growth Drivers
Strict building codes and guidelines globally drive the energy-efficient materials market. Governments impose standards to decrease carbon emissions and encourage sustainable construction. Compliance mandates innovative insulation materials, airtight construction, and high-performance windows, nurturing market innovation.
Growing consumer awareness and fondness for eco-friendly, energy-saving supplies also boost market growth. Informed consumers look for sustainable construction options, leading to growing demand for natural and recycled insulation materials. Green building certifications like LEED and BREEAM further inspire adoption of energy-efficient materials, reflecting a tendency towards abating carbon footprints via sustainable practices.
Challenges
Greater initial expenses in contrast to traditional materials, limited awareness among consumers and businesses, and resistance to change in established industries are significant hindrances to the growth of the energy-efficient materials market.
Opportunities
However, increasing environmental awareness, stringent regulations promoting sustainable construction, rising demand for energy-efficient solutions, technological advancements, government incentives, and the emergence of new applications presents significant opportunities for growth.
Geographic Overview
The global energy-efficient materials market spans North America, Europe, the Asia-Pacific, South America, and the Middle East and Africa region. North America led the market in 2023 due to its mature construction industry, focus on sustainable building practices, stringent energy efficiency regulations, demand for advanced materials, increasing environmental consciousness among consumers and businesses.
The Asia-Pacific region offers significant growth prospects for the global energy-efficient materials market, driven by rapid urbanization, government initiatives promoting green building practices, and increasing environmental consciousness among consumers and businesses. This allows industry players to capitalize on the demand for sustainable construction solutions in this region.
Competitive Insight
Owens Corning is a powerhouse in the global energy-efficient materials market, holding a leading position. Renowned for its high-quality insulation products, the company's offerings, such as the EcoTouch series, are widely recognized for their superior thermal performance and sustainability. With a strong presence in North America, Europe, and the Asia-Pacific, Owens Corning leverages its extensive distribution network and established reputation to capture a substantial market share. Moreover, the company invests heavily in research and development, ensuring a continuous stream of innovative, energy-efficient solutions that cater to diverse industry needs. This commitment to excellence solidifies Owens Corning's dominance in the global energy-efficient materials market.
Saint-Gobain is another key player, holding a prominent position in the global energy-efficient materials market. The company's extensive product portfolio encompasses a wide range of high-performance materials, including insulation solutions like Isover and Gyproc. With a global presence spanning across multiple continents, Saint-Gobain benefits from a vast customer base and robust distribution channels. Moreover, the company's strong emphasis on sustainability and green building practices resonates with environmentally-conscious consumers and businesses. Saint-Gobain's commitment to reducing environmental impact while delivering top-notch energy-efficient materials further solidifies its position as a market leader, making it a trusted choice for sustainable construction projects worldwide.
Owens Corning, Saint-Gobain, Knauf Insulation, Dow Chemical Company, BASF SE, Rockwool Group, Kingspan Group, Johns Manville, CertainTeed Corporation, DuPont, Huntsman Corporation, Kingsman Industries, Nichiha Corporation, Xtratherm, and Atlas Roofing Corporation.
Recent Development by Key Players
Owens Corning, a global building and construction materials leader, mainly known in Europe for its insulation (PAROC, FOAMGLAS, Pittsburgh Corning) and composites businesses (Owens Corning Composite Materials) joined the European Alliance to Save Energy (EU-ASE) as is newest member to advance energy efficiency and contribute to a more sustainable Europe.
Metecno, an international building products group, expanded its presence in New Zealand with the establishment of a $30 million facility in Te Rapa for producing "thermally efficient" construction materials. New Zealand-based United Industries Group will oversee the development of the new plant in Hamilton, which will produce cladding and roofing panels and boards for both the residential and commercial construction sectors.
The energy-efficient materials market report offers a comprehensive market segmentation analysis along with an estimation for the forecast period 2025–2030.
Segments Covered in the Report
By Material Type
Fiberglass
Mineral Wool
Cellulose
Expanded Polystyrene
Extruded Polystyrene
Polyisocyanurate
Other Materials
By End-use Industry
Residential
Commercial
Industrial
Region Covered in the Report
North America
U.S.
Canada
Mexico
Europe
Germany
U.K.
France
Italy
Spain
Russia
Rest of Europe
Asia-Pacific (APAC)
China
Japan
India
South Korea
Rest of Asia-Pacific
Middle East and Africa (MEA)
Saudi Arabia
U.A.E
South Africa
Rest of MEA
South America
Argentina
Brazil
Chile
Rest of South America
Primary Research Interviews Breakdown
1. Research Overview
1.1. The Report Offers
1.2. Market Coverage
1.2.1. By Material Type
1.2.2. By End-use Industry
1.2.2. By Technology Type
1.2.2. By Application
1.2.2. By Product Form
1.2.3. By Region
1.3. Research Phases
1.4. Limitations
1.5. Market Methodology
1.5.1. Data Sources
1.5.1.1. Primary Research
1.5.1.2. Secondary Research
1.5.2. Methodology
1.5.2.1. Data Exploration
1.5.2.2. Forecast Parameters
1.5.2.3. Data Validation
1.5.2.4. Assumptions
1.5.3. Study Period & Data Reporting Unit
2. Executive Summary
3. Industry Overview
3.1. Industry Dynamics
3.1.1. Market Growth Drivers
3.1.2. Market Restraints
3.1.3. Key Market Trends
3.1.4. Major Opportunities
3.2. Industry Ecosystem
3.2.1. Porter’s Five Forces Analysis
3.2.2. Recent Development Analysis
3.2.3. Value Chain Analysis
3.3. Competitive Insight
3.3.1. Competitive Position of Industry Players
3.3.2. Market Attractive Analysis
3.3.3. Market Share Analysis
4. Global Market Estimate and Forecast
4.1. Global Market Overview
4.2. Global Market Estimate and Forecast to 2030
5. Market Segmentation Estimate and Forecast
5.1. By Material Type
5.1.1. Fiberglass
5.1.1.1. Market Definition
5.1.1.2. Market Estimation and Forecast to 2030
5.1.2. Mineral Wool
5.1.2.1. Market Definition
5.1.2.2. Market Estimation and Forecast to 2030
5.1.3. Cellulose
5.1.3.1. Market Definition
5.1.3.2. Market Estimation and Forecast to 2030
5.1.4. Polyisocyanurate
5.1.4.1. Market Definition
5.1.4.2. Market Estimation and Forecast to 2030
5.1.5. Extruded Polystyrene
5.1.5.1. Market Definition
5.1.5.2. Market Estimation and Forecast to 2030
5.1.6. Expanded Polystyrene
5.1.6.1. Market Definition
5.1.6.2. Market Estimation and Forecast to 2030
5.2. By End-use Industry
5.2.1. Residential
5.2.1.1. Market Definition
5.2.1.2. Market Estimation and Forecast to 2030
5.2.2. Commercial
5.2.2.1. Market Definition
5.2.2.2. Market Estimation and Forecast to 2030
5.2.3. Industrial
5.2.3.1. Market Definition
5.2.3.2. Market Estimation and Forecast to 2030
6. North America Market Estimate and Forecast
6.1. By Material Type
6.2. By End-use Industry
6.3. By Country
6.3.1. U.S. Market Estimate and Forecast
6.3.2. Canada Market Estimate and Forecast
6.3.3. Mexico Market Estimate and Forecast
7. Europe Market Estimate and Forecast
7.1. By Material Type
7.2. By End-use Industry
7.3. By Technology Type
7.4. By Application
7.5. By Product Form
7.6. By Country
7.6.1. Germany Market Estimate and Forecast
7.6.2. France Market Estimate and Forecast
7.6.3. U.K. Market Estimate and Forecast
7.6.4. Italy Market Estimate and Forecast
7.6.5. Spain Market Estimate and Forecast
7.6.6. Rest of Europe Market Estimate and Forecast
8. Asia-Pacific Market Estimate and Forecast
8.1. By Material Type
8.2. By End-use Industry
8.3. By Country
8.3.1. China Market Estimate and Forecast
8.3.2. Japan Market Estimate and Forecast
8.3.3. India Market Estimate and Forecast
8.3.4. South Korea Market Estimate and Forecast
8.3.5. Singapore Market Estimate and Forecast
8.3.6. Rest of Asia-Pacific Market Estimate and Forecast
9. Rest of the World (RoW) Market Estimate and Forecast
9.1. By Material Type
9.2. By End-use Industry
9.3. By Country
9.3.1. Brazil Market Estimate and Forecast
9.3.2. Saudi Arabia Market Estimate and Forecast
9.3.3. South Africa Market Estimate and Forecast
9.3.4. Other Countries Market Estimate and Forecast
10. Company Profiles
10.1. Owens Corning
10.1.1. Snapshot
10.1.2. Overview
10.1.3. Offerings
10.1.4. Financial Insight
10.1.5. Recent Developments
10.2. Saint-Gobain
10.2.1. Snapshot
10.2.2. Overview
10.2.3. Offerings
10.2.4. Financial Insight
10.2.5. Recent Developments
10.3. Knauf Insulation
10.3.1. Snapshot
10.3.2. Overview
10.3.3. Offerings
10.3.4. Financial Insight
10.3.5. Recent Developments
10.4. Dow Chemical Company
10.4.1. Snapshot
10.4.2. Overview
10.4.3. Offerings
10.4.4. Financial Insight
10.4.5. Recent Developments
10.5. BASF SE
10.5.1. Snapshot
10.5.2. Overview
10.5.3. Offerings
10.5.4. Financial Insight
10.5.5. Recent Developments
10.6. Rockwool Group
10.6.1. Snapshot
10.6.2. Overview
10.6.3. Offerings
10.6.4. Financial Insight
10.6.5. Recent Developments
10.7. Kingspan Group
10.7.1. Snapshot
10.7.2. Overview
10.7.3. Offerings
10.7.4. Financial Insight
10.7.5. Recent Developments
10.8. Johns Manville
10.8.1. Snapshot
10.8.2. Overview
10.8.3. Offerings
10.8.4. Financial Insight
10.8.5. Recent Developments
10.9. CertainTeed Corporation
10.9.1. Snapshot
10.9.2. Overview
10.9.3. Offerings
10.9.4. Financial Insight
10.9.5. Recent Developments
10.10. DuPont
10.10.1. Snapshot
10.10.2. Overview
10.10.3. Offerings
10.10.4. Financial Insight
10.10.5. Recent Developments
10.11. Huntsman Corporation
10.11.1. Snapshot
10.11.2. Overview
10.11.3. Offerings
10.11.4. Financial Insight
10.11.5. Recent Developments
10.12 Kingsman Industries
10.12.1. Snapshot
10.12.2. Overview
10.12.3. Offerings
10.12.4. Financial Insight
10.12.5. Recent Developments
10.13. Nichiha Corporation
10.13.1. Snapshot
10.13.2. Overview
10.13.3. Offerings
10.13.4. Financial Insight
10.13.5. Recent Developments
10.14. Xtratherm
10.14.1. Snapshot
10.14.2. Overview
10.14.3. Offerings
10.14.4. Financial Insight
10.14.5. Recent Developments
10.15. Atlas Roofing Corporation
10.15.1. Snapshot
10.15.2. Overview
10.15.3. Offerings
10.15.4. Financial Insight
10.15.5. Recent Developments
11. Appendix
11.1. Exchange Rates
11.2. Abbreviations
Note: Financial insight and recent developments of different companies are subject to the availability of information in the secondary domain.
List of Tables
Table 1 Sources
Table 2 Study Periods
Table 3 Data Reporting Unit
Table 4 Global Energy-Efficient Materials Market Size, by Material Type, 2018 – 2023 (USD Billion)
Table 5 Global Energy-Efficient Materials Market Size, by Material Type, 2025 – 2030 (USD Billion)
Table 6 Global Energy-Efficient Materials Market Size, by End-use Industry, 2018 – 2023 (USD Billion)
Table 7 Global Energy-Efficient Materials Market Size, by End-use Industry, 2025 – 2030 (USD Billion)
Table 10 Global Energy-Efficient Materials Market Size, by Region, 2018 – 2023 (USD Billion)
Table 11 Global Energy-Efficient Materials Market Size, by Region, 2025 – 2030 (USD Billion)
Table 12 North America Energy-Efficient Materials Market Size, by Material Type, 2018 – 2023 (USD Billion)
Table 13 North America Energy-Efficient Materials Market Size, by Material Type, 2025 – 2030 (USD Billion)
Table 14 North America Energy-Efficient Materials Market Size, by End-use Industry, 2018 - 2023 (USD Billion)
Table 15 North America Energy-Efficient Materials Market Size, by End-use Industry, 2025 - 2030 (USD Billion)
Table 18 North America Energy-Efficient Materials Market Size, by Country, 2018 – 2023 (USD Billion)
Table 19 North America Energy-Efficient Materials Market Size, by Country, 2025 – 2030 (USD Billion)
Table 20 Europe Energy-Efficient Materials Market Size, by Material Type, 2018 – 2023 (USD Billion)
Table 21 Europe Energy-Efficient Materials Market Size, by Material Type, 2025 – 2030 (USD Billion)
Table 22 Europe Energy-Efficient Materials Market Size, by End-use Industry, 2018 – 2023 (USD Billion)
Table 23 Europe Energy-Efficient Materials Market Size, by End-use Industry, 2025 – 2030 (USD Billion)
Table 26 Europe Energy-Efficient Materials Market Size, by Country, 2018 – 2023 (USD Billion)
Table 27 Europe Energy-Efficient Materials Market Size, by Country, 2025 – 2030 (USD Billion)
Table 28 Asia-Pacific Energy-Efficient Materials Market Size, by Material Type, 2018 – 2023 (USD Billion)
Table 29 Asia-Pacific Energy-Efficient Materials Market Size, by Material Type, 2025 – 2030 (USD Billion)
Table 30 Asia-Pacific Energy-Efficient Materials Market Size, by End-use Industry, 2018 - 2023 (USD Billion)
Table 31 Asia-Pacific Energy-Efficient Materials Market Size, by End-use Industry, 2025 - 2030 (USD Billion)
Table 34 Asia-Pacific Energy-Efficient Materials Market Size, by Country, 2018 – 2023 (USD Billion)
Table 35 Asia-Pacific Energy-Efficient Materials Market Size, by Country, 2025 – 2030 (USD Billion)
Table 36 RoW Energy-Efficient Materials Market Size, by Material Type, 2018 – 2023 (USD Billion)
Table 37 RoW Energy-Efficient Materials Market Size, by Material Type, 2025 – 2030 (USD Billion)
Table 38 RoW Energy-Efficient Materials Market Size, by End-use Industry, 2018 – 2023 (USD Billion)
Table 39 RoW Energy-Efficient Materials Market Size, by End-use Industry, 2025 – 2030 (USD Billion)
Table 42 RoW Energy-Efficient Materials Market Size, by Country, 2018 – 2023 (USD Billion)
Table 43 RoW Energy-Efficient Materials Market Size, by Country, 2025 – 2030 (USD Billion)
Table 44 Snapshot – Owens Corning
Table 45 Snapshot – Saint-Gobain
Table 46 Snapshot – Knauf Insulation
Table 47 Snapshot – Dow Chemical Company
Table 48 Snapshot – BASF SE
Table 49 Snapshot – Rockwool Group
Table 50 Snapshot – Kingspan Group
Table 51 Snapshot – Johns Manville
Table 52 Snapshot – CertainTeed Corporation
Table 53 Snapshot – DuPont
Table 54 Snapshot – Huntsman Corporation
Table 55 Snapshot – Kingsman Industries
Table 56 Snapshot – Nichiha Corporation
Table 57 Snapshot – Xtratherm
Table 58 Snapshot – Atlas Roofing Corporation
List of Figures
Figure 1 Market Coverage
Figure 2 Research Phases
Figure 3 Secondary Sources for Different Parameters
Figure 4 Methodology
Figure 5 Data Mining & Exploration
Figure 6 Data Triangulation
Figure 7 Assumptions for Market Estimation and Forecast
Figure 8 Market Synopsis
Figure 9 Global Energy-Efficient Materials Market - Growth Drivers and Restraints
Figure 10 Competitive Benchmark
Figure 11 Global Energy-Efficient Materials Market Highlight
Figure 12 Global Energy-Efficient Materials Market Size, by Material Type, 2018 - 2030 (USD Billion)
Figure 13 Global Energy-Efficient Materials Market Size, by End-use Industry, 2018 - 2030 (USD Billion)
Figure 15 Global Energy-Efficient Materials Market Size, by Region, 2018 - 2030 (USD Billion)
Figure 16 North America Energy-Efficient Materials Market Highlight
Figure 17 North America Energy-Efficient Materials Market Size, by Material Type, 2018 - 2030 (USD Billion)
Figure 18 North America Energy-Efficient Materials Market Size, by End-use Industry, 2018 - 2030 (USD Billion)
Figure 20 North America Energy-Efficient Materials Market Size, by Country, 2018 - 2030 (USD Billion)
Figure 21 Europe Energy-Efficient Materials Market Highlight
Figure 22 Europe Energy-Efficient Materials Market Size, by Material Type, 2018 - 2030 (USD Billion)
Figure 23 Europe Energy-Efficient Materials Market Size, by End-use Industry, 2018 - 2030 (USD Billion)
Figure 25 Europe Energy-Efficient Materials Market Size, by Country, 2018 - 2030 (USD Billion)
Figure 26 Asia-Pacific Energy-Efficient Materials Market Highlight
Figure 27 Asia-Pacific Energy-Efficient Materials Market Size, by Material Type, 2018 - 2030 (USD Billion)
Figure 28 Asia-Pacific Energy-Efficient Materials Market Size, by End-use Industry, 2018 - 2030 (USD Billion)
Figure 30 Asia-Pacific Energy-Efficient Materials Market Size, by Country, 2018 - 2030 (USD Billion)
Figure 31 RoW Energy-Efficient Materials Market Highlight
Figure 32 RoW Energy-Efficient Materials Market Size, by Material Type, 2018 - 2030 (USD Billion)
Figure 33 RoW Energy-Efficient Materials Market Size, by End-use Industry, 2018 - 2030 (USD Billion)
Figure 35 RoW Energy-Efficient Materials Market Size, by Country, 2018 - 2030 (USD Billion)
Energy-Efficient Materials Market Covrage
Material Type Insight and Forecast 2025-2030
End-Use Application Insight and Forecast 2025-2030
Geographical Segmentation
Energy-Efficient Materials Market by Region
North America
Europe
Asia-Pacific (APAC)
Rest of the World (RoW)
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Energy-Efficient Materials Market