The Global Extruded Polystyrene Foam (XPS) Insulation Board Market was valued at US$ 5,911.4 Million in 2022 and is projected to reach US$ 7,444.7 Million by 2029, growing at a Compound Annual Growth Rate (CAGR) of 3.3% during the forecast period (2022–2029). This growth is being driven by increasing construction activities, rising demand for energy-efficient buildings, and the accelerating adoption of green building materials across residential, commercial, and industrial construction sectors.
As the construction industry transforms toward energy-efficient operations and sustainable development, the spotlight is on the key insulation material manufacturers who are driving innovation, performance, and environmental sustainability. In this blog, we profile the Top 10 Companies in the Extruded Polystyrene Foam (XPS) Insulation Board Industry—a mix of chemical giants, building material specialists, and sustainability pioneers shaping the future of global construction insulation.
🔟 1. BASF SE
Headquarters: Ludwigshafen, Germany
Key Offering: Neopor®, Styrodur® XPS insulation boards
BASF is among the world’s leading XPS insulation manufacturers, offering high-performance insulation solutions across global markets. Their building materials division serves residential construction, commercial buildings, and infrastructure projects, with growing investments in recycled content and carbon-neutral production technologies.
Sustainability Initiatives:
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Neopor® with graphite particles for enhanced thermal performance
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Production facilities with reduced carbon footprint
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Committed to achieving climate-neutral operations by 2050
Download FREE Sample Report: Extruded Polystyrene Foam (XPS) Insulation Board Market – View in Detailed Research Report
9️⃣ 2. The Dow Chemical Company
Headquarters: Midland, Michigan, USA
Key Offering: STYROFOAM™ brand XPS insulation boards
Dow operates manufacturing facilities across North America and Europe, producing STYROFOAM™ insulation for various construction applications from foundations to roofing systems.
Sustainability Initiatives:
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Closed-cell structure for moisture resistance
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Focus on circular economy principles in production
8️⃣ 3. Owens Corning
Headquarters: Toledo, Ohio, USA
Key Offering: FOAMULAR® XPS insulation products
Owens Corning’s insulation division provides comprehensive building envelope solutions, with XPS boards specifically designed for below-grade applications and high-moisture environments.
Sustainability Initiatives:
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Product transparency through Environmental Product Declarations
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Energy efficiency improvements in manufacturing processes
7️⃣ 4. Kingspan Group
Headquarters: Kingscourt, Ireland
Key Offering: KOOLTHERM® and other XPS insulation solutions
Kingspan is a global leader in high-performance insulation and building envelope solutions, with significant market presence in Europe and North America.
Sustainability Initiatives:
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Net-zero energy buildings commitment
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Innovative insulation technologies for zero-carbon construction
Download FREE Sample Report: Extruded Polystyrene Foam (XPS) Insulation Board Market – View in Detailed Research Report
6️⃣ 5. DuPont de Nemours, Inc.
Headquarters: Wilmington, Delaware, USA
Key Offering: Styrofoam™ brand XPS insulation boards
DuPont’s building innovations segment offers comprehensive insulation solutions, with XPS products specifically engineered for demanding construction environments.
Sustainability Initiatives:
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Thermax™ and other specialized XPS formulations
Sustainability Initiatives:
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Focus on sustainable building science solutions
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Research into next-generation insulation materials
5️⃣ 6. Knauf Insulation
Headquarters: Iphofen, Germany
Key Offering: Various XPS insulation board productsKnauf Insulation specializes in energy-efficient building solutions, with XPS products offering excellent compressive strength and long-term thermal performance.
Sustainability Initiatives:
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EcoBatt® and other insulation product lines
Sustainability Initiatives:
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Glass wool and rock mineral wool insulation alongside XPS offerings
4️⃣ 7. Saint-Gobain
Headquarters: Paris, France
Key Offering: Various construction insulation materials including XPS boardsSaint-Gobain operates through its ISOVER insulation brand, providing comprehensive insulation solutions for all building types and climate zones.
Sustainability Initiatives:
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Multi-material insulation portfolio strategy
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Circular economy integration in manufacturing
3️⃣ 8. ACH Foam Technologies
Headquarters: Denver, Colorado, USA
Key Offering: FOAMULAR® brand XPS insulation productsACH Foam Technologies is a leading manufacturer of engineered foam products, with extensive distribution network across the United States.
Sustainability Initiatives:
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Custom fabrication capabilities for specialized applications
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Recycled content integration in production
2️⃣ 9. Ursa Insulation
Headquarters: Madrid, Spain
Key Offering: Various XPS insulation board productsUrsa operates manufacturing facilities across Europe, producing insulation materials that meet the highest European energy efficiency standards.
Sustainability Initiatives:
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European market leadership in insulation solutions
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Focus on thermal performance optimization
1️⃣ 10. Synthos Group
Headquarters: Oświęcim, Poland
Key Offering: Various insulation materials including XPS productsSynthos is a major European manufacturer of chemical raw materials including expandable polystyrene, positioning them as a key player in the XPS insulation supply chain.
Sustainability Initiatives:
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Expanding production capacity for insulation materials
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Strategic partnerships with construction material distributors
Read Full Report: Extruded Polystyrene Foam (XPS) Insulation Board Market – View in Detailed Research Report
🌍 Outlook: The Future of XPS Insulation Is Smarter and More Sustainable
The extruded polystyrene foam insulation board market is undergoing a transformative evolution. While traditional construction applications still dominate in volume, the industry is investing significantly in recycled content integration, advanced manufacturing technologies, and sustainable building certifications.
📈 Key Trends Shaping the Market:
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Rapid adoption of green building standards globally
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Regulatory push for higher energy efficiency in buildings
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Digitalization of construction processes and building performance monitoring
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Manufacturer-contractor alliances for sustainable building projects
Read Full Report: Extruded Polystyrene Foam (XPS) Insulation Board Market – View in Detailed Research Report
The companies listed above are not only insulating global buildings—they’re spearheading the energy-efficient transition of the built environment.
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