According to Gen Consulting Company, the global mineral wool market is set to achieve an incremental growth of USD 6 billion, acelerating at a CAGR of almost 5.5% during the forecast period 2022-2028.
This industry report offers market estimates of the global market, followed by a detailed analysis of the product, type, application, and region. The global market data on mineral wool can be segmented by product: blanket, board, loose wool, others. The blanket segment captured the largest share of the market in 2021. Mineral wool market is further segmented by type: glass wool, slag wool, stone wool. The glass wool segment held the largest share of the global mineral wool market in 2021 and is anticipated to hold its share during the forecast period. Based on application, the mineral wool market is segmented into: construction, consumer products, industrial, transportation, others. In 2021, the construction segment made up the largest share of revenue generated by the mineral wool market. On the basis of region, the mineral wool market also can be divided into: Asia-Pacific, North America, Europe, MEA (Middle East and Africa), Latin America. Among these, Asia-Pacific was accounted for the highest revenue generator in 2021.
The global mineral wool market is highly competitive. The key players in the mineral wool market include Byucksan Corporation, Compagnie de Saint-Gobain S.A., GLT Products (SPI), Johns Manville Corporation, Kingspan Group plc, Knauf Insulation, Owens Corning, Rockwool A/S.
The data-centric report focuses on market trends, status and outlook for segments. With comprehensive market assessment across the major geographies, the report is a valuable asset for the existing players, new entrants and the future investors.
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| REPORT ATTRIBUTE | DETAILS |
|---|---|
| Base Year | 2021 |
| Forecast Year | 2022-2028 |
| CAGR (2022-2028) | 5.51% |
| Pages | 21 |
| Key Players | Byucksan Corporation, Compagnie de Saint-Gobain S.A., GLT Products (SPI), Johns Manville Corporation, Kingspan Group plc, Knauf Insulation, Owens Corning, Rockwool A/S |
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