Mineral Wool Market by Type (Glass Wool, Stone Wool), End Product (Blanket, Board, Customized Shapes), Application, End-Use - Global Forecast 2024-2030


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Mineral Wool Market by Type (Glass Wool, Stone Wool), End Product (Blanket, Board, Customized Shapes), Application, End-Use - Global Forecast 2024-2030


The Mineral Wool Market size was estimated at USD 21.39 billion in 2023 and expected to reach USD 23.13 billion in 2024, at a CAGR 8.14% to reach USD 37.00 billion by 2030.

Global Mineral Wool MarketMineral wool is a non-metallic, inorganic material manufactured from a precisely controlled mix of raw materials, mainly comprising either stone or silica, which are heated to a high temperature until molten. Mineral wool is widely used for providing insulation in buildings, both commercial and residential. Regions experiencing extreme climatic conditions leverage the use of mineral wool because of its excellent properties, such as thermal insulation, soundproofing, fire resistance, and water repellency, which ensures durability and safety. Furthermore, mineral wool is also utilized for the lining of high-temperature furnaces and reactors in the industrial sector and for insulation of oil and gas pipelines. However, the presence of alternatives to mineral wool in the market and poor thermal performance in certain applications impede the widespread adoption of mineral wool. Additionally, difficulties associated with the manufacturing and processing of mineral wool and the possibility of contamination of mineral wool products during the production process create cumbersome hurdles for the growth of mineral wool. However, major players are exploring new innovations and improvements in the manufacturing processes of mineral wool, which is expected to overcome production hurdles and positively affect the growth of mineral wool. Furthermore, advancing environmental sustainability initiatives and energy conservation programs and standards can create opportunities for manufacturers to create novel, sustainable mineral wool products.Regional InsightsThe Americas region, comprising the United States, Canada, and Mexico, holds a significant demand for mineral wool, which can be attributed to the region's flourishing construction sector and stringent building norms requiring efficient insulation for energy conservation. Additionally, the presence of a robust automotive industry and continuous innovations in thermal and soundproofing capabilities in advanced vehicles further drive the growth of mineral wool. European nations such as Sweden, Norway, and Germany experience cold temperatures, necessitating the usage of advanced thermal insulation solutions such as mineral wool. The European landscape of mineral wool benefits from its stringent building codes, considerable environmental awareness, and government incentives for home insulation. A shift towards green buildings and the awareness about achieving energy efficiency standards are pivotal factors influencing the mineral wool industry in this region. In the APAC region, rising urbanization, infrastructural developments, and the rise of manufacturing industries drive the demand for mineral wool. Moreover, increasing awareness of energy conservation and the need for thermal insulation in the region's booming construction sector present considerable opportunities for the mineral wool industry.

FPNV Positioning Matrix

The FPNV Positioning Matrix is pivotal in evaluating the Mineral Wool Market. It offers a comprehensive assessment of vendors, examining key metrics related to Business Strategy and Product Satisfaction. This in-depth analysis empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V).

Market Share Analysis

The Market Share Analysis is a comprehensive tool that provides an insightful and in-depth examination of the current state of vendors in the Mineral Wool Market. By meticulously comparing and analyzing vendor contributions in terms of overall revenue, customer base, and other key metrics, we can offer companies a greater understanding of their performance and the challenges they face when competing for market share. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With this expanded level of detail, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.

Key Company Profiles

The report delves into recent significant developments in the Mineral Wool Market, highlighting leading vendors and their innovative profiles. These include ALCHIMICA S.A., Brett Martin Daylight Systems Ltd,, Claremont Sales Corporation, Compagnie de Saint-Gobain S.A., Fabrication Specialties, Inc., Hua Mei Glass Wool Products Ltd, Hush Acoustics Ltd., Hydra Industries Group, Intirio Gmbh, Iprimus Insulation Solution, Johns Manville Inc., Knauf Insulation GmbH, Korff Isolmatic GmbH, L'ISOLANTE K-FLEX S.p.A., Luyang Energy-Saving Materials Co., Ltd., Owens Corning, Paroc Panel System, Poly Glass Fiber Insulation, Rigid-Wrap Insulation Systems, Rockwool International A/S, Shijiazhuang Tengchuang Trade Co. Ltd., TechnoNICOL Corporation, Trelleborg AB, URSA Insulation S.A, and Waco, Inc..

Market Segmentation & Coverage

This research report categorizes the Mineral Wool Market to forecast the revenues and analyze trends in each of the following sub-markets:

Type
Glass Wool
Stone Wool
End Product
Blanket
Board
Customized Shapes
Floor
Exterior
Interior
Panel
Roof
Flat Roof
Pitched Roof
Wall
Application
Acoustic Insulation
Fire Protection
Thermal Insulation
End-Use
Building & Construction
Industrial
Transportation
Region
Americas
Argentina
Brazil
Canada
Mexico
United States
California
Florida
Illinois
New York
Ohio
Pennsylvania
Texas
Asia-Pacific
Australia
China
India
Indonesia
Japan
Malaysia
Philippines
Singapore
South Korea
Taiwan
Thailand
Vietnam
Europe, Middle East & Africa
Denmark
Egypt
Finland
France
Germany
Israel
Italy
Netherlands
Nigeria
Norway
Poland
Qatar
Russia
Saudi Arabia
South Africa
Spain
Sweden
Switzerland
Turkey
United Arab Emirates
United Kingdom

The report offers valuable insights on the following aspects:

1. Market Penetration: It presents comprehensive information on the market provided by key players.
2. Market Development: It delves deep into lucrative emerging markets and analyzes the penetration across mature market segments.
3. Market Diversification: It provides detailed information on new product launches, untapped geographic regions, recent developments, and investments.
4. Competitive Assessment & Intelligence: It conducts an exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players.
5. Product Development & Innovation: It offers intelligent insights on future technologies, R&D activities, and breakthrough product developments.

The report addresses key questions such as:

1. What is the market size and forecast of the Mineral Wool Market?
2. Which products, segments, applications, and areas should one consider investing in over the forecast period in the Mineral Wool Market?
3. What are the technology trends and regulatory frameworks in the Mineral Wool Market?
4. What is the market share of the leading vendors in the Mineral Wool Market?
5. Which modes and strategic moves are suitable for entering the Mineral Wool Market?

Note: PDF & Excel + Online Access - 1 Year


1. Preface
1.1. Objectives of the Study
1.2. Market Segmentation & Coverage
1.3. Years Considered for the Study
1.4. Currency & Pricing
1.5. Language
1.6. Limitations
1.7. Assumptions
1.8. Stakeholders
2. Research Methodology
2.1. Define: Research Objective
2.2. Determine: Research Design
2.3. Prepare: Research Instrument
2.4. Collect: Data Source
2.5. Analyze: Data Interpretation
2.6. Formulate: Data Verification
2.7. Publish: Research Report
2.8. Repeat: Report Update
3. Executive Summary
4. Market Overview
4.1. Introduction
4.2. Mineral Wool Market, by Region
5. Market Insights
5.1. Market Dynamics
5.1.1. Drivers
5.1.1.1. Increasing adoption of mineral wool in pre-engineered buildings
5.1.1.2. Rising production of automobiles with improved insulation properties
5.1.1.3. Stringent regulatory policies for energy-efficient buildings
5.1.2. Restraints
5.1.2.1. Performance limitations and quality issues of mineral wool
5.1.3. Opportunities
5.1.3.1. Advancements in the processing and manufacturing of mineral wool
5.1.3.2. Potential of mineral wool as passive fire protection
5.1.4. Challenges
5.1.4.1. Adverse health and environmental hazards related to mineral wool
5.2. Market Segmentation Analysis
5.2.1. Type: Superior fire resistance and insulation characteristics of stone wool
5.2.2. End-Product: Improved versatility and flexibility of mineral wool to elevate its use in the production of insulation panels
5.2.3. Application: Need for thermal insulation to improve the energy efficiency of buildings
5.2.4. End-use: Growing awareness about the need for energy and performance efficiency in transportation industries
5.3. Market Trend Analysis
5.4. Cumulative Impact of High Inflation
5.5. Porter’s Five Forces Analysis
5.5.1. Threat of New Entrants
5.5.2. Threat of Substitutes
5.5.3. Bargaining Power of Customers
5.5.4. Bargaining Power of Suppliers
5.5.5. Industry Rivalry
5.6. Value Chain & Critical Path Analysis
5.7. Regulatory Framework
6. Mineral Wool Market, by Type
6.1. Introduction
6.2. Glass Wool
6.3. Stone Wool
7. Mineral Wool Market, by End Product
7.1. Introduction
7.2. Blanket
7.3. Board
7.4. Customized Shapes
7.5. Floor
7.6.1. Exterior
7.6.2. Interior
7.6. Panel
7.7. Roof
7.8.1. Flat Roof
7.8.2. Pitched Roof
7.8. Wall
8. Mineral Wool Market, by Application
8.1. Introduction
8.2. Acoustic Insulation
8.3. Fire Protection
8.4. Thermal Insulation
9. Mineral Wool Market, by End-Use
9.1. Introduction
9.2. Building & Construction
9.3. Industrial
9.4. Transportation
10. Americas Mineral Wool Market
10.1. Introduction
10.2. Argentina
10.3. Brazil
10.4. Canada
10.5. Mexico
10.6. United States
11. Asia-Pacific Mineral Wool Market
11.1. Introduction
11.2. Australia
11.3. China
11.4. India
11.5. Indonesia
11.6. Japan
11.7. Malaysia
11.8. Philippines
11.9. Singapore
11.10. South Korea
11.11. Taiwan
11.12. Thailand
11.13. Vietnam
12. Europe, Middle East & Africa Mineral Wool Market
12.1. Introduction
12.2. Denmark
12.3. Egypt
12.4. Finland
12.5. France
12.6. Germany
12.7. Israel
12.8. Italy
12.9. Netherlands
12.10. Nigeria
12.11. Norway
12.12. Poland
12.13. Qatar
12.14. Russia
12.15. Saudi Arabia
12.16. South Africa
12.17. Spain
12.18. Sweden
12.19. Switzerland
12.20. Turkey
12.21. United Arab Emirates
12.22. United Kingdom
13. Competitive Landscape
13.1. FPNV Positioning Matrix
13.2. Market Share Analysis, By Key Player
13.3. Competitive Scenario Analysis, By Key Player
13.3.1. New Product Launch & Enhancement
13.3.1.1. Masterplast Launches its Mineral Wool Production
13.3.2. Investment & Funding
13.3.2.1. Insulation Firm Plans Significant Investment to Meet Demand
13.3.3. Award, Recognition, & Expansion
13.3.3.1. ROCKWOOL, a Danish Mineral Wool Products Manufacturer that Helps address challenges of Modern Living in a Sustainable Manner Launches its First Customer Experience Center In Dahej, Gujarat, India
14. Competitive Portfolio
14.1. Key Company Profiles
14.1.1. ALCHIMICA S.A.
14.1.2. Brett Martin Daylight Systems Ltd,
14.1.3. Claremont Sales Corporation
14.1.4. Compagnie de Saint-Gobain S.A.
14.1.5. Fabrication Specialties, Inc.
14.1.6. Hua Mei Glass Wool Products Ltd
14.1.7. Hush Acoustics Ltd.
14.1.8. Hydra Industries Group
14.1.9. Intirio Gmbh
14.1.10. Iprimus Insulation Solution
14.1.11. Johns Manville Inc.
14.1.12. Knauf Insulation GmbH
14.1.13. Korff Isolmatic GmbH
14.1.14. L'ISOLANTE K-FLEX S.p.A.
14.1.15. Luyang Energy-Saving Materials Co., Ltd.
14.1.16. Owens Corning
14.1.17. Paroc Panel System
14.1.18. Poly Glass Fiber Insulation
14.1.19. Rigid-Wrap Insulation Systems
14.1.20. Rockwool International A/S
14.1.21. Shijiazhuang Tengchuang Trade Co. Ltd.
14.1.22. TechnoNICOL Corporation
14.1.23. Trelleborg AB
14.1.24. URSA Insulation S.A
14.1.25. Waco, Inc.
14.2. Key Product Portfolio
15. Appendix
15.1. Discussion Guide
15.2. License & Pricing
FIGURE 1. MINERAL WOOL MARKET RESEARCH PROCESS
FIGURE 2. MINERAL WOOL MARKET SIZE, 2023 VS 2030
FIGURE 3. MINERAL WOOL MARKET SIZE, 2018-2030 (USD MILLION)
FIGURE 4. MINERAL WOOL MARKET SIZE, BY REGION, 2023 VS 2030 (%)
FIGURE 5. MINERAL WOOL MARKET SIZE, BY REGION, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 6. MINERAL WOOL MARKET DYNAMICS
FIGURE 7. MINERAL WOOL MARKET SIZE, BY TYPE, 2023 VS 2030 (%)
FIGURE 8. MINERAL WOOL MARKET SIZE, BY TYPE, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 9. MINERAL WOOL MARKET SIZE, BY END PRODUCT, 2023 VS 2030 (%)
FIGURE 10. MINERAL WOOL MARKET SIZE, BY END PRODUCT, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 11. MINERAL WOOL MARKET SIZE, BY APPLICATION, 2023 VS 2030 (%)
FIGURE 12. MINERAL WOOL MARKET SIZE, BY APPLICATION, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 13. MINERAL WOOL MARKET SIZE, BY END-USE, 2023 VS 2030 (%)
FIGURE 14. MINERAL WOOL MARKET SIZE, BY END-USE, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 15. AMERICAS MINERAL WOOL MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
FIGURE 16. AMERICAS MINERAL WOOL MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 17. UNITED STATES MINERAL WOOL MARKET SIZE, BY STATE, 2023 VS 2030 (%)
FIGURE 18. UNITED STATES MINERAL WOOL MARKET SIZE, BY STATE, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 19. ASIA-PACIFIC MINERAL WOOL MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
FIGURE 20. ASIA-PACIFIC MINERAL WOOL MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 21. EUROPE, MIDDLE EAST & AFRICA MINERAL WOOL MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
FIGURE 22. EUROPE, MIDDLE EAST & AFRICA MINERAL WOOL MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 23. MINERAL WOOL MARKET, FPNV POSITIONING MATRIX, 2023
FIGURE 24. MINERAL WOOL MARKET SHARE, BY KEY PLAYER, 2023

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