Arabian Fiberglass Insulation Co.

What Arabian Fiberglass Insulation Co. does

Arabian Fiberglass Insulation Co. (AFICO) is a Saudi Arabian industrial manufacturer of fiberglass thermal and acoustical insulation, founded in 1981 as a joint venture between Gulf Insulation Group (GIG) and Owens Corning and now operating as a wholly-owned subsidiary of GIG. The company manufactures glass wool insulation products under licensed Owens Corning technology at a fully-automated facility in Dammam's Second Industrial City, with an annual production capacity of 24,000 metric tons. AFICO is the only manufacturer of glass wool insulation products in Saudi Arabia and holds the #1 market position for fiberglass mineral insulation in the Middle East.

The product portfolio spans three families — Board Insulation, Blanket Insulation, and Pipe Insulation — organized into four solution categories: Building, HVAC, Oil & Gas, and OEM. Inputs include molten silica sand drawn from Saudi sources combined with recycled glass; finished products are inorganic glass fibers bonded with non-water-soluble, fire-retardant thermosetting resin. The company supplies thermal and acoustic insulation for flagship Saudi and regional mega projects including Kingdom Tower, Madinah Haram Expansion, KAPSARC, Sadara petrochemical complex, King Abdulaziz International Airport, ARAMCO's Shyabah Field, and ADNOC's Rawais Housing, among others.

AFICO operates a direct enterprise field-sales model through dedicated regional offices in Dammam, Riyadh, Jeddah, Dubai, Cairo, and Tunis, reaching more than 30 countries across the GCC, Middle East, Africa, and Far East. Revenue is generated through one-time project-based sales of insulation materials — quote-based and project-specific, with no disclosed subscription or recurring component. The company holds ISO 9001/14001/45001, CE, SASO, UL, DCL, ASTM, and Global GreenTag certifications, plus three SCS-verified Environmental Product Declarations, qualifying products for premium green-building specifications.

Name

Arabian Fiberglass Insulation Co.

Legal name

Arabian Fiberglass Insulation Co., Ltd.

Website

https://afico.com.sa

Company type

Private

Founded year

1981

Operating status

Operating

Headcount range

251–500 employees

Short description

Arabian Fiberglass Insulation Co. (AFICO) is the only manufacturer of glass wool insulation in Saudi Arabia and the Middle East's #1 supplier, producing 24,000 mt annually of thermal and acoustic insulation for construction, HVAC, oil & gas, and OEM clients across 30+ countries.

Ownership category

akta.pro rank

Product category

Building Insulation Materials

NAICS

Glass and Glass Product Manufacturing (32721)

akta.pro primary industry

Fiberglass Insulation (IMADAGAA)

akta.pro secondary industry

Thermal & Acoustic Insulation Textiles (Insulation Felts/Soundproofing) (IMAOADAL)

Keywords

• Fiberglass insulation
• Thermal insulation
• Acoustic insulation
• Building materials
• Glass wool products

Headquarters

HQ city

Ad Dammam

HQ country

Saudi Arabia

HQ region

Middle East

Offices6 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Operations, Personnel, Marketing or Sales, Infrastructure

Revenue model

1. Fiberglass Insulation Products: AFICO generates revenue through manufacturing and selling fiberglass thermal and acoustical insulation products including board insulation, blanket insulation, pipe insulation, and related solutions. The company serves construction, HVAC, oil & gas, and OEM sectors with products sold through direct sales team and regional offices.

Go-to-market motion2 records

Distribution channels4 records

Marketing channels5 records

Core offering

Founded in 1981, Arabian Fiberglass Insulation Co. (AFICO) manufactures fiberglass thermal and acoustical insulation products, including board, blanket, pipe insulation, and loose wool, for construction, HVAC, oil & gas, and OEM customers. It is the only manufacturer of glass wool insulation products in Saudi Arabia and the Middle East market leader, operating an annual production capacity of 24,000 metric tons and serving customers in more than 30 countries.

Product overview

Arabian Fiberglass Insulation Co. (AFICO) offers a comprehensive portfolio of fiberglass thermal and acoustical insulation products, organized into three main product categories: Board Insulation, Blanket Insulation, and Pipe Insulation. The Board Insulation line includes AFICO Board Insulation, Cavity Wall Board, Roof Deck, Acoustical Ceiling Panel, Mechanical Board Insulation, Duct Liner Board Insulation, and Quiet Liner Board Insulation. The Blanket Insulation category features Pre-Engineered Building Insulation, Thermal Insulating Wool, Blanket Insulation, Faced Duct Wrap Insulation, Duct Liner Rolls, and Quiet Liner Rolls. The Pipe Insulation category includes Heavy Density Pipe Insulation and Pipe Wrap Insulation. These products are organized into four solution categories: Building Solution (for construction applications), HVAC Solution (for heating, ventilation, and air conditioning systems), Oil & Gas Solution (for industrial applications), and OEM Solution (for original equipment manufacturers). All products are manufactured using inorganic glass fibers bonded with fire-retardant thermosetting resin, providing thermal insulation, sound insulation, fire resistance, and environmental friendliness with recycled materials. The company is the sole manufacturer of glass wool insulation products in Saudi Arabia and serves customers across GCC, Middle East, Africa, and Far East countries.

Differentiator

Problem solved

Functional benefit

Products and services

• AFICO Board Insulation Rigid fiberglass thermal and acoustical insulation boards supplied to construction, HVAC, and industrial customers for walls, roofs, ducts, and equipment insulation.
• AFICO Blanket Insulation Flexible fiberglass thermal and acoustical insulation blankets supplied to construction, HVAC, oil & gas, and OEM customers for wrapping, cavity, and equipment insulation.
• AFICO Pipe Insulation Preformed fiberglass pipe insulation supplied to oil & gas, petrochemical, and HVAC customers for thermal insulation of process and service piping.
• AFICO Loose Wool Insulation Loose fiberglass wool insulation supplied for cavity fill, irregular surfaces, and specialized thermal/acoustical applications in construction and industrial settings.

Quantifiable outcome

• 42 years of experience serving the insulation industry
• +3 more outcomes

Named customers14 records

Segments4 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Three partnerships are on record, tiered flagship and core.

• Saudi Rock Wool Factory Company (SRWF)flagshipStrategic or Co-development Partner · 8 February 2024AFICO and Saudi Rock Wool Factory Company (SRWF) showcased products together at the World Defense Show 2024 in Riyadh, presenting a combined portfolio of insulation solutions. Both companies operate under the Gulf Insulation Group umbrella, demonstrating product strength within the broader GIG portfolio to international defense stakeholders.
• Owens CorningcoreTechnology or IntegrationAFICO is a technology partner with Owens Corning (NYSE: OC), the global leader in the insulation industry. Owens Corning provides licensed technology and expertise for manufacturing premium quality fiberglass insulation products. This partnership enables AFICO to utilize world-leading technology and maintain high-quality standards in production.
• Gulf Insulation Group (GIG)coreOthersAFICO is a wholly-owned subsidiary of Gulf Insulation Group (GIG), a regional leader in the insulation business operating as manufacturer and supplier of a complete range of insulation materials based in Riyadh, Saudi Arabia, with manufacturing plants in Riyadh, Dammam, and Al Kharj. GIG provides corporate oversight and strategic direction.

Scale indicators5 records

Recent moves7 records

Expansion highlights5 records

Direct peers

• Rockwool International: Global leader in stone wool (mineral wool) insulation, a direct substitute for AFICO's glass wool in many applications. Competes head-to-head in fire-resilient, thermal, and acoustic insulation for building and industrial markets. Listed on Nasdaq Copenhagen with EUR 4+ billion in revenue.
• Thermafiber (Owens Corning): Owens Corning-owned mineral wool insulation brand focused on commercial, industrial, and life-safety applications. Highly comparable product offering to AFICO's industrial and pipe insulation lines, with strong overlap in fire-rated insulation specifications and mechanical insulation applications.
• Knauf Insulation: One of the world's largest manufacturers of glass wool and mineral wool insulation, with growing MENA presence. Closely comparable in core product offerings (board, blanket, pipe insulation) and in serving construction, HVAC, and industrial segments. Headquartered in Europe with global manufacturing footprint.
• Johns Manville: Berkshire Hathaway-owned manufacturer of fiberglass insulation and complementary building products. Comparable in glass wool product breadth (board, blanket, pipe) and target markets including HVAC, industrial, and commercial construction. Long-established North American manufacturer expanding internationally.
• URSA Insulation: European glass wool and extruded polystyrene insulation manufacturer serving building and HVAC markets. Comparable in product range and target applications, with growing export presence in MENA. Part of Xella Group (or previously owned by Pfleiderer/Atlas), active in international markets.
• Saudi Rock Wool Factory Company (SRWF): Sister company under Gulf Insulation Group, producing rock wool (mineral wool) insulation. Most directly comparable peer given shared parent, MENA focus, and overlapping end-markets (construction, industrial). Co-shared the World Defense Show 2024 booth with AFICO, demonstrating product complementarity within the GIG portfolio.
• Owens Corning: NYSE-listed global leader in fiberglass insulation and AFICO's exclusive technology licensor. Direct comparability in glass wool manufacturing technology, though at vastly larger scale and global footprint. AFICO's product line is essentially Owens Corning's formulations deployed for the MENA market.

Broad incumbents

• Kingspan Group: Irish-listed building envelope solutions provider with growing insulation and insulated panel products. Comparable in serving construction and industrial end-markets with energy-efficient building solutions, though broader portfolio includes structural insulated panels and roofing beyond pure insulation.
• Saint-Gobain (ISOVER): Global building materials major whose ISOVER division is the world's largest glass wool insulation producer. Competes in the same product category as AFICO across MENA, with broad product portfolio spanning construction, industrial, and HVAC applications. Significant installed presence in Gulf construction projects.

Regional players

• Gulf Insulation Group (GIG): AFICO's parent company and a regional leader in insulation manufacturing based in Riyadh. Directly comparable in core business model and MENA market focus, with manufacturing plants in Riyadh, Dammam, and Al Kharj. Provides corporate context for AFICO's positioning within the broader regional insulation landscape.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/afico_sa
• LinkedInlinkedin.com/company/arabian-fiberglass-insulation-company-ltd-

Compliance18 records

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Arabian Fiberglass Insulation Co.