Global Mineral Wool Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Global Mineral Wool Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Mineral wool is a non-metallic, inorganic product manufactured from a carefully controlled mix of raw materials, mainly comprising either stone or silica which are heated to a high temperature until molten.

Market Overview:

The latest research study on the global Mineral Wool market finds that the global Mineral Wool market reached a value of USD 12871.07 million in 2022. It’s expected that the market will achieve USD 20735.98 million by 2028, exhibiting a CAGR of 8.27% during the forecast period.

Limitations

According to different country rules, import glass wool is not allowed and to some other countries, rock wool is not allowed.
For example, in the brick industry or recycling offered by a mineral wool manufacturer. For local possibilities to recycle mineral wool it is preferred to contact a local mineral wool supplier or a sorting company. In other cases, mineral wool is landfilled.

Region Overview:

From 2023-2028, North America is estimated to witness robust growth prospects.

Company Overview:

Knauf Insulation GmbH is one of the major players operating in the Mineral Wool market, holding a share of 12.18% in 2019.

Knauf Insulation is an international company owned by the Knauf family and is an important manufacturer of insulation products in the US and Europe. The company is a producer of insulation materials such as glass wool, stone wool, wood wool boards, EPS, XPS, as well as the Heradesign wood wool based acoustic ceiling systems.

The key strategies for Saint-Gobain’s are develops products and systems for thermal and acoustic insulation, and fire protection in buildings, with occupants’ comfort and well-being, and environmental protection at the heart of its concerns.

Segmentation Overview:

Among different product types, Glass Wool segment is anticipated to contribute the largest market share in 2028.

Application Overview:

By application, the Residential segment occupied the biggest share from 2018 to 2022.

Key Companies in the global Mineral Wool market covered in Chapter 3:

KCC
Johns Manville
USG
Knauf Insulation GmbH
Saint-Gobain
Hebei Ameisizhuang Co., Ltd.
ROCKWOOL Group
PGF Insulation Sdn Bhd
Owens Corning
Superior Energies，Inc

In Chapter 4 and Chapter 14.2, on the basis of types, the Mineral Wool market from 2018 to 2029 is primarily split into:

Glass Wool
Rock Wool
Slag Wool

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Mineral Wool market from 2018 to 2029 covers:

Residential
Commercial
Industrial
Other

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:

North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)