Biobased Insulation Material Market Size to be USD 113.28 Billion till 2034; Market is Augmented due to Energy Efficiency and Cost Savings

Published Date: March 2025

The market for biobased insulation material refers to the development, production, and sale of insulation materials made from renewable, natural, and environmentally friendly sources. Biobased insulation materials are used in construction and building applications to improve energy efficiency by reducing heat loss or gain, thereby enhancing thermal performance, comfort, and sustainability. Biobased insulation materials market is growing due to rising demand from customers, construction projects, and focus on sustainability.

Biobased Insulation Material Market Segmentation Analysis:

By Material Type

Cellulose, Wool, Hemp, Cork, Flax, and Others

By Application

Construction, Automotive, Marine, and Others

By End-User

Residential, Commercial, and Industrial

Biobased Insulation Material Market??????? Report Highlights:

  • Biobased insulation material market’s valuation was USD 70.20 Billion in 2024.
  • The biobased insulation material market size is projected to reach at USD 113.28 Billion by 2034 and grow at a CAGR of 5.4%.
  • Based on material type, cellulose segment leads in biobased insulation material market growth.
  • Accordance to application, the construction segment play dominating role in biobased insulation material market.
  • By end-user, residential segment to lead the biobased insulation material market share.
  • On the basis of region, North America holds the largest market share.
  • Asia Pacific is the fastest growing region in biobased insulation material market.

Biobased Insulation Material Market Dynamics:

Growing Factor

Challenge Factor

Market Trend

Increasing Consumer Awareness and Preferences for Eco-Friendly Products

Limited Availability and Supply Chain Issues

Technological Advancements and Product Innovation

Biobased Insulation Material Market Key Highlights

  • In January 2024, Thermafleece launched a new line of high-performance wool insulation that enhances thermal and acoustic properties. This product, derived from U.K.-sourced sheep's wool, is designed for zero-carbon construction projects and offers lower embodied energy than conventional materials. The wool insulation is also treated with natural additives to improve fire resistance, making it suitable for a broader range of applications, including commercial buildings and retrofitting projects.

Biobased Insulation Material Market Report Analysis:

Chemical Characterization of the Material:

Material

Density

 

[kg m-3]

Temperature dependent thermal conductivity

 

[°C]                            [W m-1 K-1]

Cellulose flakes

45.0

10.01                            0.0498

30.01                             0.0532

Wool

22.6

10.01                             0.0362

20.02                             0.0382

Hemp fibre

43.7

10.01                             0.0392

20.02                              0.0409

Hemp Lime 330kg/m³ mix

360.5

10.01                                0.0784

20.02                                0.0804

30.02                                0.0824

Hemp Lime 275kg/m³ mix

305.8

10.01                               0.0685

20.02                                0.0610

30.02                                 0.0720

Browse 60 market data tables and 35 figures through 140 slides and in-depth TOC on Biobased Insulation Material Market Share, Size, By Material Type (Cellulose, Wool, Hemp, Cork, Flax, and Others), Application (Construction, Automotive, Marine, and Others), End-Users (Residential, Commercial, and Industrial), and Region - Trends, Analysis, and Forecast till 2034”

For more insights into the Biobased Insulation Material Market and its future trends, visit the link: https://www.prophecymarketinsights.com/market_insight/biobased-insulation-material-market-5576

Competitive Landscape of Biobased Insulation Material Market:

The key players operating in the biobased insulation material market are Knauf Insulation, Rockwool International A/S, Johns Manville Corporation, Gutex Holzfaserplattenwerk GmbH, Thermafleece, CorkSol, NatureFibres, Hempitecture Inc., STEICO SE, and Nomaco Insulation.

Company Name

Knauf Insulation

Headquarter

Indiana, U.S.

CEO

Jean-Claude Carlin

Employee Count (2024)

6,000 Employees

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