Insulating Board Market

Insulating board market: discover the latest statistics enhanced by an Ai-driven market intelligence tool. Statistics provide exports, imports, market size, companies, production, consumption, market prices, and trade. There is a breakdown by country, including China, Russia, Africa, EU, the U.S., the Middle East, the U.K., and Latin America. Market dynamics and outlook to 2030 are also featured in the dashboards.

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Insulating Board - World's Largest Markets

In value terms, the largest insulating board markets worldwide were China, the United States and India, together comprising 51% of the global market. These countries were followed by Germany, Italy, Brazil, Pakistan, the UK, Bangladesh, Egypt, Turkey and Thailand, which together accounted for a further 26%.

Among the main consuming countries, Bangladesh saw the highest rates of growth with regard to market size, over the period under review, while insulating board market for the other global leaders experienced more modest paces of growth.

Insulating Board Prices

Insulating Board - Top Importers

In value terms, Germany ($158M) constitutes the largest market for imported insulating board worldwide, comprising 18% of global imports. The second position in the ranking was occupied by France ($55M), with a 6.3% share of global imports. It was followed by the United States, with a 5.4% share.

In Germany, insulating board imports increased at an average annual rate of +23.8% over the period from 2019-2021. In the other countries, the average annual rates were as follows: France (+42.6% per year) and the United States (-5.7% per year).

Insulating Board - Top Exporters

In value terms, Poland ($282M) remains the largest insulating board supplier worldwide, comprising 36% of global exports. The second position in the ranking was occupied by Germany ($77M), with a 9.8% share of global exports. It was followed by Thailand, with a 9% share.

In Poland, insulating board exports increased at an average annual rate of +22.2% over the period from 2019-2021. The remaining exporting countries recorded the following average annual rates of exports growth: Germany (+27.2% per year) and Thailand (+1.1% per year).

Insulating Board - Market Forecast

Driven by increasing demand for insulating board worldwide, the market is expected to continue an upward consumption trend over the next decade. Market performance is forecast to decelerate, expanding with an anticipated CAGR of for the period from 2021 to 2030, which is projected to bring the market volume to by the end of 2030.

Insulating Board - Product Coverage

• HS 441193 - Fibreboard (other than MDF) of a density exceeding 0.5g/cm3 but not 0.8g/cm3, of wood or other ligneous materials, bonded or not with resins or other organic substances
• HS 441194 - Fibreboard (other than MDF) of a density not exceeding 0.5g/cm3, of wood or other ligneous materials, bonded or not with resins or other organic substances

Source: IndexBox Market Intelligence Platform