Global Glass Wool Board Market Growth 2023-2029

Global Glass Wool Board Market Growth 2023-2029

Glass wool is a category in glass fiber, is a kind of artificial inorganic fiber. Using quartz sand, limestone, dolomite and other natural ore as the main raw materials, with some soda ash, borax and other chemical raw materials into glass. In the molten state, with external force, blown into a flocculent fine fiber, fiber and fiber between the three-dimensional cross, intertwined with each other, showing a lot of small gaps. This gap can be seen as porosity. Therefore, glass wool can be regarded as porous materials, with good insulation, sound absorption performance.Glass Wool Board is a kind of glass wool, its exceptional thermal properties contribute to save energy and combat climate change. Its porous and elastic structure absorbs noise in the air and offers acoustic correction inside premises.Glass wool Insulation is one of the most widely used forms of insulations world-wide because of its thermal and acoustic properties, light weight, high tensile strength and exceptional resilience. Glass wool is one of the most dominant types of insulations preferred in applications with service temperatures ranging up to 250C.
LPI (LP Information)' newest research report, the “Glass Wool Board Industry Forecast” looks at past sales and reviews total world Glass Wool Board sales in 2022, providing a comprehensive analysis by region and market sector of projected Glass Wool Board sales for 2023 through 2029. With Glass Wool Board sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Glass Wool Board industry.
This Insight Report provides a comprehensive analysis of the global Glass Wool Board landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Glass Wool Board portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Glass Wool Board market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Glass Wool Board and breaks down the forecast by thickness , by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Glass Wool Board.
The global Glass Wool Board market size is projected to grow from US$ 3011.1 million in 2022 to US$ 4352.5 million in 2029; it is expected to grow at a CAGR of 4352.5 from 2023 to 2029.
Global core glass wool board manufacturers include Knauf, Owens Corning and Saint-Gobain etc. The top 3 companies hold a share about 43%. North America is the largest market, with a share about 33%, followed by Europe and Asia Pacific with the share about 32% and 26%.
In terms of product, below 80 mm is the largest segment with a share about 57%. And in terms of application, the largest application is commercial with a share about 47%, followed by residential with a share about 40%.
This report presents a comprehensive overview, market shares, and growth opportunities of Glass Wool Board market by product thickness , application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by thickness
Below 80 mm
80-150 mm
Above 150 mm
Segmentation by application
Residential
Commercial
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Knauf
Owens Corning
Saint-Gobain
Johns Manville
Huamei Energy-saving Technology
Shenzhou Energy Saving Technology
KCC Corporation
Key Questions Addressed in this Report
What is the 10-year outlook for the global Glass Wool Board market?
What factors are driving Glass Wool Board market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Glass Wool Board market opportunities vary by end market size?
How does Glass Wool Board break out thickness , application?
What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.