The Mineral Wool Market Overview 2025 report reveals that the market size has grown significantly over the past few years, with projections indicating further expansion.
What are the Historical Growth Trends in the Mineral Wool Market?
The Mineral Wool Global Market was valued at $14.72 billion in 2024 and is expected to increase to $15.87 billion in 2025, showcasing a compound annual growth rate (CAGR) of 7.8%.
What are the 2025 Market Projections: Forecasted Size & Growth Rate for the Mineral Wool Industry?
The market size of mineral wool is anticipated to expand significantly in the coming years, reaching $23.03 billion in 2029, with a Compound Annual Growth Rate (CAGR) of 9.8%.
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What are the Key Growth Drivers Fueling the Mineral Wool Market?
The key drivers in the mineral wool market are:
• The growth is being driven by the increased demand for sustainable building materials.
• Urbanization and an active construction industry are fueling the market.
• The establishment and implementation of energy efficiency targets is contributing to market growth.
• Greater public awareness about mineral wool is propelling the market forward.
Global Market Segmentation: Identifying Major Mineral Wool Industry Segments
The mineral wool market covered in this report is segmented –
1) By Type: Glass Wool, Rock Wool, Other Types
2) By Form: Board, Blanket, Panel
3) By End Use Industry: Building And Construction, Industrial, Transportation, Other End Use
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What are the Emerging Trends Shaping the Future of the Mineral Wool Market?
The key trends in the biologic & biosimilar ra drugs market are:
• Technological advancements and innovative product development are among the emerging trends in the mineral wool market.
• The market is becoming more stringent regarding building codes and standards.
• The movement towards more intelligent construction and digitalization is also shaping the future of the market.
• The trend of customization and modular construction, plus the growth in e-commerce and online distribution, are significant factors influencing the market.
Who Are the Top Competitors & Leading Players in the Mineral Wool Market?
Major companies in the mineral wool market are:
• Compagnie de Saint-Gobain SA
• Johns Manville International Inc.
• Knauf Insulation Inc.
• Owens Corning Sales LLC
• Rockwool International A/S
• Paroc Group Oy
• Armacell International S. A.
• GAF Materials Corporation
• Kingspan Group plc
• Ursa Insulation S. A.
• Thermafiber Inc.
• Unifrax I LLC
• Guardian Building Products Distribution Inc.
• Shandong Luyang Share Co. Ltd.
• Hengxiang Insulation Materials Co. Ltd.
• Changzhou Tianqi Rockwool Co. Ltd.
• Jinan Shengquan Group Share Holding Co.
• Langfang Juheng Building Materials Co. Ltd.
• ODE Industry and Trade Limited Company
• Changchun ShiLu Insulation Materials Co. Ltd.
• Byucksan Corporation
• Rock Wool Manufacturing Company
• Sager AG
• ISOMAT S. A.
Regional Dominance: Which Area Leads the Global Mineral Wool Market?
Asia-Pacific was the largest region in the mineral wool market in 2024
