Mineral Wool Insulation Market: Trends, Opportunities and Competitive Analysis

The future of the mineral wool insulation market looks promising with opportunities in the residential & non-residential construction, industrial, HVAC, and appliance markets. The global mineral wool insulation market is expected to reach an estimated $31.4 billion by 2027 with a CAGR of 5.4% from 2021 to 2027. The major drivers for this market are increasing construction activities and stringent government regulations and building codes globally for energy efficiency & fire safety.

Emerging trends, which have a direct impact on the dynamics of the industry, include the shift towards eco-friendly green insulation, growing focus on glass wool insulation recycling, and the development of lightweight & high fire resistant insulation.

A total of 133 figures / charts and 107 tables are provided in this 230-page report to help in your business decisions. Sample figures with insights are shown below. To learn the scope of benefits, companies researched, and other details of the mineral wool insulation market report, please download the report brochure.

In this market, residential construction is the largest end use industry, whereas glass wool is the largest market by material type. Growth in various segments of the mineral wool insulation market is given below:

The study includes trends and forecast for the global mineral wool insulation market by product type, end use industry, material type, and region as follows:

By Material Type [Volume (Kilotons) and $M shipment analysis for 2016 - 2027]:

• Glass Wool Insulation
• Stone Wool Insulation

By Product Type [Volume (Kilotons) and $M shipment analysis for 2016 - 2027]:

• Blankets (batts and rolls)
• Rigid Boards
• Loose Fill Materials
• Other Forms

By End Use Industry [Volume (Kilotons) and $M shipment analysis for 2016 - 2027]:

• Residential Construction
• Non-Residential Construction
• Industrial and HVAC
• Appliances and Others

By Region [Volume (Kilotons) and $M shipment analysis for 2016 - 2027]:

• North America
• US
• Canada
• Mexico
• Europe
• Germany
• Russia
• United Kingdom
• France
• Asia Pacific
• China
• India
• Japan
• The Rest of the World

Some of the mineral wool companies profiled in this report include Rockwool, Saint-Gobain, Owens Corning, Knauf Insulation, Johns Manville, and KCC Corporation-- they are among the major manufactures of mineral wool insulation.

Lucintel forecasts that glass wool will remain the largest material type segment, and it is also expected to witness the highest growth over the forecast period due to low cost, ease of raw material availability, and compliance with numerous building standards.

Residential construction will remain the largest end use industry, and it is also expected to witness the highest growth over the forecast period due to the growth in new home construction and renovation activities.

Europe is expected to remain the largest market by value and volume due to stringent fire safety and energy efficiency standards. APAC is expected to witness the highest growth over the forecast period, supported by an increase in construction activities and the growing awareness about low energy consumption and environmental concerns, specifically in China and India.

Features of the Mineral Wool Insulation Market

• Market Size Estimates:Mineral wool insulation market size estimation in terms of value ($M) and volume (kilotons)
• Trend And Forecast Analysis:Market trends (2016-2021) and forecast (2022-2027) by various segments and regions.
• Segmentation Analysis:Mineral wool insulation market size by various segments, such as end use industry, material type, and product type, in terms of value and volume.
• Regional Analysis:Mineral wool insulation market breakdown by North America, Europe, Asia Pacific, and the Rest of the World.
• Growth Opportunities:Analysis on growth opportunities in different end use industries, product types, material types, and regions for the mineral wool insulation market.
• Strategic Analysis:This includes M&A, new product development, and competitive landscape for the mineral wool insulation market.
• Analysis of competitive intensity of the industry based on Porter's Five Forces model.

This report answers following 11 key questions

• Q.1 What are some of the most promising potential, high growth opportunities for the global mineral wool insulation market by product type (blankets [batts and rolls], rigid boards, loose fill materials, and other forms), end use industry (residential construction, non-residential construction, industrial and HVAC, and appliances and others), material type (glass wool insulation and stone wool insulation), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
• Q. 2 Which segments will grow at a faster pace and why?
• Q.3 Which regions will grow at a faster pace and why?
• Q.4 What are the key factors affecting market dynamics? What are the drivers and challenges of the market?
• Q.5 What are the business risks and threats to the market?
• Q.6 What are the emerging trends in this market and the reasons behind them?
• Q.7 What are the changing demands of customers in the market?
• Q.8 What are the new developments in the market? Which companies are leading these developments?
• Q.9 Who are the major players in this market? What strategic initiatives are being implemented by key players for business growth?
• Q.10 What are some of the competitive products and processes in this area and how big of a threat do they pose for loss of market share via material or product substitution?
• Q.11 What M & A activities did take place in the last five years in this market?