0
2020
Mineral Wool Market

Mineral wool Market

by Type (Glass Wool, Rock Wool, and Others), By End-Use Industry (Building & Construction, Transportation, Industrial & Appliances, and Others): Global Opportunity Analysis and Industry Forecast, 2019-2026

Report Code: A06104
Pages: 224
Tables: 97
Charts: 57
  • Formats*:

  • pdf

    Single User License, Five User
    License & Enterprise User License

  • xls

    Data Pack Excel License

  • ppt

    It comes with the additional cost
    of $2500.00 contact sales.

 

The global mineral wool market size was valued at $9.9 billion in 2018, and is projected to reach $16.0 billion by 2026, growing at a CAGR of 6.3% from 2019 to 2026.

Mineral wool is an insulating material and highly fibrous in nature. It is produced by spinning and drawing molten mineral. Mineral wool exhibit excellent thermal and acoustic properties which helps to prevent energy transmission from our environment to inner in residential spaces.

The global mineral wool market is operating at the growth stage in its industry life cycle and it is anticipated to witness significant growth opportunities during the forecast period. This can be highly credible to the cost-effective nature of mineral wool and up-gradation of overall insulation material across the globe.

Mineral Wool Market

Building & construction and transportation are the key major end-use industries of mineral wool which are more susceptible to upcoming investments. This is highly attributed to the expanding nature of the global construction industry, recovery of the U.S. from residential crisis happened in 2008, and the growing trend for energy-efficient homes across the globe. Therefore, there may be a greater demand for modern age insulating material during the forecast period. On the other hand, the automotive sector in the transportation industry is showcasing the tremendous potential for insulating material in not only maintaining the performance of the vehicle but to make the driving experience pleasant. Therefore, the high adoption of luxury vehicles in countries such as Germany, Canada, France, Switzerland, UAE, Qatar, and others are fueling the consumption of mineral wool. On the contrary, lack of awareness regarding the benefits associated with the mineral wool expected to hamper the growth of this market during the forecast period.     

The global mineral wool market is segmented by type, end-users, and region. Based on type, the market is segmented into glass wool, rock wool and other. Based on end-users, the market is segmented into building & construction, industrial & appliances, transportation, and others. Based on region, the global mineral wool market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.  

Key players operating in the global mineral wools market are Compagnie de Saint-Gobain S.A., IZOCAM, John Manville, Knauf Insulation, Korff Isolmatic GmbH, Owens Corning, Poly Glass Fibre Insulation, Rockwool International A/S, TechnoNICOL, and URSA Insulation S.A, and others. Major players have adopted various strategies such as acquisitions, partnerships, collaboration, joint ventures, agreements, expansions, and new product launches to create a strong consumer base in the market and the similar trends are anticipated during the forecast period.  

Mineral wool Market
By Type

Your browser does not support the canvas element.

Rock wool segment is projected as the fastest growing segment.

Get more information on this report : Request Sample Pages

By type, the glass wool segment is acquired the largest mineral wool market share in 2018. It is an insulating material made from fibers of glass and organized in the form of wool. Glass wool is available in various forms such as batts & rolls, loose-fill insulation, and others. There are numerous applications of glass wool such as pipe insulation, structural insulation, soundproofing, and filtration. Due to these advantageous, glass wool is adopted in various end-use industries as a light weight insulation material. This makes glass wool segment the largest one in terms of growth.

Mineral wool Market
By End-use Industry

Your browser does not support the canvas element.

Transportation segment is projected as the fastest growing segment.

Get more information on this report : Request Sample Pages

Based on end-use industry, the building & construction industry emerged as the largest one in 2018 and it is anticipated to remain the largest one during the forecast period. Rapid industrialization and urbanization is fueling the growth of mineral wool market globally. As mineral wool is widely used for the thermal, acoustic and fire protection purposes. Rising demand from construction industry from LAMEA and Asia-Pacific region is fueling the growth of mineral wool market. Building & construction registered highest market share and growth rate in global mineral wool market and is projected to maintain it throughout the forecast period. Increasing demand for keeping heat out and maintaining low temperatures in building infrastructures is driving the growth of mineral wool market globally.

Mineral wool Market
By Region

2026
Asia-pacific 
North America
Europe
LAMEA

Asia-Pacific would exhibit a highest CAGR of 7.4% during 2019-2026.

Get more information on this report : Request Sample Pages

By region, Asia-Pacific is the global leader over other region in 2018. This is attributed to numerous factors such as rising demand from construction industry, noteworthy growth of automobile sector, and others. Growth of construction industry has surged the demand for mineral wool as it utilized in thermal and acoustic insulation in the residential as well as commercial buildings. For instance, in India there is increase in construction activities such as industrial parks, housing plans, and others. Emergence of concepts such as Smart City and Zero Energy Building are also driving the demand for mineral wool as an energy efficient material in this region.

Key Benefits for Stakeholders:

  • The report provides an in-depth analysis of the mineral wool market forecast along with the current and future market trends
  • This report highlights the key drivers, opportunities, and restraints of the market along with the impact analyses during the forecast period
  • Porter’s five forces analysis helps analyze the potential of the buyers & suppliers and the competitive scenario of the global mineral wool industry for strategy building
  • A comprehensive mineral wool market analysis covers factors that drive and restrain market growth
  • The qualitative data in this report aims on market dynamics, trends, and developments

Mineral wool Market Report Highlights

Aspects Details
By Type
  • Glass Wool
  • Rock Wool
  • Others
By End Use Industry
  • Building & Construction
  • Industrial
  • Transportation
  • Others
By Region
  • North America  (U.S., Canada, Mexico)
  • Europe  (Germany, France, Italy, Spain, UK, Rest of Europe)
  • Asia-Pacific  (China, Japan, India, South Korea, Australia, Rest of Asia-Pacific)
  • LAMEA  (Brazil, Saudi Arabia, South Africa, UAE, LAMEA)
Key Market Players Compagnie de Saint-Gobain S.A., Owens Corning, Poly Glass Fiber Insulation, IZOCAM, Korff Isolmatic GmbH, TechnoNICOL, John Manville, Rockwool International, URSA Insulation S.A, Knauf Insulation
 

Loading Table Of Content...


 
 

According to the CXOs of the leading companies, the global mineral wool market is operating at a growth stage in its industry life cycle and it is anticipated to witness stable growth during the upcoming decade. This can be highly credible up-gradation in the insulation material and their use, emerging concepts such as smart city & Zero energy buildings, and growing use of renewable energy in modern housing systems. The growing trend for energy-efficient buildings is further expected to offer profitable growth opportunities in this market. As federal regulatory bodies are aiming to reduce dependence on inexpensive crude energy sources to decrease greenhouse gas emissions. The Construction industry is implementing modem day practices such as Energy Star building certification, ICC’s Model, and LEED Energy Codes where insulation material used mandatorily to attain efficient use of energy. As a result, the affordable housing plan linked with regional support to smart city and zero-energy home practices is offering is influencing the growth of this market.

Purchase Options

Call or Email Us

U.S.-Canada Toll-free: +1-800-792-5285
Int'l : +1-503-894-6022
Europe : +44-845-528-1300
Email : help@alliedmarketresearch.com
 
Published Date :
Mar 2020
Author(s) : Krunal Y
FREQUENTLY ASKED QUESTIONS?

A. The global mineral wool market was valued at $9.9 billion in 2018, and is projected to reach $16.0 billion by 2026, growing at a CAGR of 6.3% from 2019 to 2026.

A. Key players operating in the global mineral wools market are Compagnie de Saint-Gobain S.A., IZOCAM, John Manville, Knauf Insulation, Korff Isolmatic GmbH, Owens Corning, Poly Glass Fibre Insulation, Rockwool International A/S, TechnoNICOL, and URSA Insulation S.A.

A. Major players have adopted various strategies such as acquisitions, partnerships, collaboration, joint ventures, agreements, expansions, and new product launches to create a strong consumer base in the market and the similar trends are anticipated during the forecast period.

A. Building & construction and transportation are the key major end-use industries of mineral wool which are more susceptible to upcoming investments. These industries are projected to boost the demand for Mineral Wool Market

A. High adoption of luxury vehicles in countries such as Germany, Canada, France, Switzerland, UAE, Qatar, and others are fueling the consumption of mineral wool. Also, rising demand from construction industry from LAMEA and Asia-Pacific region is fueling the growth of mineral wool market.

A. Glass wool is the most influencing segment in the global mineral wool market report. It is adopted in various end-use industries as a light weight insulation material. This makes glass wool segment the largest one in terms of growth.

A. The building & construction industry emerged as the largest one in 2018 and it is anticipated to remain the largest one during the forecast period. Rapid industrialization and urbanization is fueling the growth of mineral wool market globally.

A. Increasing demand for keeping heat out and maintaining low temperatures in building infrastructures is driving the growth of mineral wool market globally.

Looking for Customization?

 Customization Request

Have a Question?

 Speak with Analyst

Any Confusion?

 Inquire Before Buying

Have a glance of the Report

  Request Sample
Related Tags

Purchase Full Report of
Mineral Wool Market

Start reading instantly.
This Report and over 71,297+ more Reports, Available with Avenue Library. T&C*.

  • Online Only
  • $3,456
  • Online cloud access only
  • Restricted print, copy, paste & download
  • Read only
  • Free industry update
    (Within 180 days)
  • Free report update in next update cycle
    (Mar 2021 - Mar 2022)
  • Data Pack
  • $3,840
  • Restricted to one authorized user
  • One print only
  • Available in
    Excel
  • Free industry update
    (Within 180 days)
  •   Free report update in next update cycle
    (Mar 2021 - Mar 2022)
  • Single User
  • $5,769
  • Restricted to one authorized user
  • One print only
  • Available in
    PDF
  • Free industry update
    (Within 180 days)
  •   Free report update in next update cycle
    (Mar 2021 - Mar 2022)
  • Five Users
  • $6,450
  • Limited to five authorized users
  • Print upto five copies
  • Available in
    PDF
  • Free industry update
    (Within 180 days)
  •   Free report update in next update cycle
    (Mar 2021 - Mar 2022)
  • Enterprise
    License/PDF

  • $10,995
  • Unlimited
    within
    company/enterprise
  • Available in Excel & PDF
  • Free industry update
    (Within 180 days)
  •   Free report update in next update cycle
    (Mar 2021 - Mar 2022)
  • Library
    Membership

  • $999 $ 1,175
    Per User/ Per month/ Billed annually
  • Published Content
    E-access
  • Company Profiles
    E-access
  • Newly Added Content Access
  • 10 PDF
    Downloads
  • 5 Excel Data
    Pack Downloads
  • 250 Company Profiles PDF Downloads
  • Buy Now

*Taxes/Fees, if applicable will be added during checkout. All prices in USD

Related Reports
 

Why Allied Market Research?

 

Infallible Methodology

To ensure high-level data integrity, accurate analysis, and impeccable forecasts

Analyst Support

For complete satisfaction

Customization

On-demand customization of the scope of the report to exactly meet your needs

Targeted Market View

Targeted market view to provide pertinent information and save time for readers

Get fresh content delivered

Get insights on topics that are crucial for your business. Stay abreast of your interest areas.

Get Industry Data Alerts

Why Allied Market Research?

Infallible Methodology

To ensure high-level data integrity, accurate analysis, and impeccable forecasts

Analyst Support

For complete satisfaction

Customization

On-demand customization of the scope of the report to exactly meet your needs

TARGETED MARKET VIEW

Targeted market view to provide pertinent information and save the time of readers