| Product Code: ETC4514076 | Publication Date: Jul 2023 | Updated Date: Nov 2025 | Product Type: Report | |
| Publisher: 6Wresearch | Author: Dhaval Chaurasia | No. of Pages: 85 | No. of Figures: 45 | No. of Tables: 25 |
Australia`s import trend for the building thermal insulation market experienced significant growth from 2023 to 2024, with a growth rate of 44.81%. The compound annual growth rate (CAGR) for the period 2020-2024 stood at 20.23%. This momentum can be attributed to a notable shift in demand towards energy-efficient solutions and a stable market environment fostering increased imports.
The building thermal insulation market in Australia is expanding as building owners and developers prioritize energy efficiency and compliance with building codes. Thermal insulation materials such as foam boards, fiberglass, and reflective coatings help reduce heat transfer, improve indoor comfort, and lower energy consumption for heating and cooling. With increasing focus on sustainability and green building practices, the market for thermal insulation is expected to grow, driven by residential, commercial, and industrial construction projects.
The Australia building thermal insulation market is witnessing significant growth due to several key drivers. Firstly, there`s a growing awareness of energy efficiency and the need to reduce carbon emissions in the construction sector. Thermal insulation materials help improve building envelope performance, reducing heat transfer and energy consumption for heating and cooling. Secondly, government regulations and incentives promoting energy-efficient building practices are driving demand for thermal insulation solutions. Additionally, the increasing focus on occupant comfort and indoor air quality is spurring demand for insulation materials that also provide acoustic insulation properties. Furthermore, advancements in insulation materials technology, including innovative products with higher thermal resistance and sustainable attributes, are further fueling market growth.
Challenges in the Australia building thermal insulation market include material sustainability and thermal performance. Adapting to changes in energy efficiency regulations and addressing concerns regarding insulation installation are ongoing challenges for manufacturers.
The building thermal insulation market in Australia involves the installation of materials to reduce heat transfer and improve energy efficiency in buildings. These materials include insulation batts, foams, reflective coatings, and aerogels. Government regulations mandate minimum insulation requirements for new construction and renovations to meet energy efficiency standards. Market dynamics are influenced by factors such as climate conditions, energy prices, building codes, and advancements in insulation technology promoting sustainability and thermal performance.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Australia Building Thermal Insulation Market Overview |
3.1 Australia Country Macro Economic Indicators |
3.2 Australia Building Thermal Insulation Market Revenues & Volume, 2022 & 2031F |
3.3 Australia Building Thermal Insulation Market - Industry Life Cycle |
3.4 Australia Building Thermal Insulation Market - Porter's Five Forces |
3.5 Australia Building Thermal Insulation Market Revenues & Volume Share, By Material, 2022 & 2031F |
3.6 Australia Building Thermal Insulation Market Revenues & Volume Share, By Application, 2022 & 2031F |
3.7 Australia Building Thermal Insulation Market Revenues & Volume Share, By Building Type, 2022 & 2031F |
4 Australia Building Thermal Insulation Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing awareness about energy efficiency and sustainability in buildings |
4.2.2 Stringent government regulations promoting energy-efficient construction practices |
4.2.3 Growing demand for green buildings and eco-friendly insulation materials |
4.3 Market Restraints |
4.3.1 High initial cost of installing thermal insulation in buildings |
4.3.2 Lack of skilled labor for proper installation of insulation materials |
4.3.3 Market saturation leading to intense competition among insulation manufacturers |
5 Australia Building Thermal Insulation Market Trends |
6 Australia Building Thermal Insulation Market, By Types |
6.1 Australia Building Thermal Insulation Market, By Material |
6.1.1 Overview and Analysis |
6.1.2 Australia Building Thermal Insulation Market Revenues & Volume, By Material, 2021-2031F |
6.1.3 Australia Building Thermal Insulation Market Revenues & Volume, By Glasswool, 2021-2031F |
6.1.4 Australia Building Thermal Insulation Market Revenues & Volume, By Stonewool, 2021-2031F |
6.1.5 Australia Building Thermal Insulation Market Revenues & Volume, By Plastic Foam, 2021-2031F |
6.2 Australia Building Thermal Insulation Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Australia Building Thermal Insulation Market Revenues & Volume, By Roof Insulation, 2021-2031F |
6.2.3 Australia Building Thermal Insulation Market Revenues & Volume, By Floor Insulation, 2021-2031F |
6.2.4 Australia Building Thermal Insulation Market Revenues & Volume, By Wall Insulation, 2021-2031F |
6.3 Australia Building Thermal Insulation Market, By Building Type |
6.3.1 Overview and Analysis |
6.3.2 Australia Building Thermal Insulation Market Revenues & Volume, By Residential, 2021-2031F |
6.3.3 Australia Building Thermal Insulation Market Revenues & Volume, By Non-Residential, 2021-2031F |
7 Australia Building Thermal Insulation Market Import-Export Trade Statistics |
7.1 Australia Building Thermal Insulation Market Export to Major Countries |
7.2 Australia Building Thermal Insulation Market Imports from Major Countries |
8 Australia Building Thermal Insulation Market Key Performance Indicators |
8.1 Energy savings achieved through the use of thermal insulation |
8.2 Number of new green building projects incorporating thermal insulation |
8.3 Adoption rate of innovative insulation materials in the market |
9 Australia Building Thermal Insulation Market - Opportunity Assessment |
9.1 Australia Building Thermal Insulation Market Opportunity Assessment, By Material, 2022 & 2031F |
9.2 Australia Building Thermal Insulation Market Opportunity Assessment, By Application, 2022 & 2031F |
9.3 Australia Building Thermal Insulation Market Opportunity Assessment, By Building Type, 2022 & 2031F |
10 Australia Building Thermal Insulation Market - Competitive Landscape |
10.1 Australia Building Thermal Insulation Market Revenue Share, By Companies, 2022 |
10.2 Australia Building Thermal Insulation Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |