World: Persistence Market Research has valued the global insulation market at US$47.9bn in 2025. The research body forecasts compound annual growth of 4.7%, up to US$66.2bn by 2032. It based its outlook on rising construction activity, urbanisation and tightening building energy codes across global markets.
TechnoNICOL to invest US$65.8m in Ryazan and Serpukhov mineral wool insulation plants
Russia: TechnoNICOL plans to carry out upgrades worth a combined US$65.8m at its Serpukhov glass wool insulation and Ryazan stone wool insulation plants in Central Russia. AK&M News has reported that the Serpukhov plant will receive US$45.1m in investments to increase the efficiency of flue gas scrubbing systems to 96% and line productivity by 25%. The Ryazan plant will receive US$20.7m in investments for a new combined heat and power plant and mineral wool briquetting workshop.
NUTEC acquires ETS Schaefer
US: Industrial insulation producer NUTEC completed the acquisition of Ohio-based monolithic ceramic fibre linings producer ETS Schaefer on 1 March 2026. The wholly-owned subsidiary NUTEC ETS Schaefer. It will continue to supply ETS Schaefer’s existing range of high-temperature, lightweight linings to heavy industry and original equipment manufacturer (OEM) customers, including its Monster Modules and Monster Lock brand attachment systems.
Masterplast raises sales in 2025
Hungary: Masterplast recorded full-year sales of €171m in 2025, up by 26% year-on-year. Thermal insulation system sales constituted 39% of the total, at €67m, up by 3%.
During the year, Masterplast targeted investments in ‘income-generating capacity and predictable returns.’ Earlier in 2026, Global Insulation News reported Masterplast’s termination of plans for a new Central European stone wool plant, to be implemented through Budapest-based MIP Alapanyaggyártó, among other strategic shifts. Commenting on its 2025 results, the producer disclosed that high energy prices and CO2 costs, along with investors’ suppressed ‘risk appetite,’ meant that the MIP Alapanyaggyártó project would not have been able to deliver the ‘expected level of value creation.’


