Global Mineral Wool Board Insulation Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Function;

Thermal Insulation, Acoustic Insulation, and Others.

By Type;

Slag Wool, Glass Wool and Rock Wool.

By Application;

Residential, Commercial and Industrial.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn548494538 Published Date: March, 2025 Updated Date: April, 2025

Introduction

Global Mineral Wool Board Insulation Market (USD Million), 2021 - 2031

In the year 2024, the Global Mineral Wool Board Insulation Market was valued at USD 5,411.99 million. The size of this market is expected to increase to USD 8,605.55 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 6.9%.

The Global Mineral Wool Board Insulation Market is a vital segment of the construction and insulation industry. Mineral wool, also known as rock wool or slag wool, is a versatile and high-performance insulation material made from volcanic rock or industrial by-products. This type of insulation is renowned for its excellent thermal resistance, fire safety properties, and soundproofing capabilities. It is widely used in residential, commercial, and industrial applications, contributing to energy efficiency and building safety.

In recent years, the global mineral wool board insulation market has experienced significant growth due to increased awareness about energy conservation and stringent building regulations. Governments and regulatory bodies worldwide are promoting the use of energy-efficient materials to reduce carbon footprints, which has boosted demand for mineral wool insulation. Additionally, the rising trend towards green building practices and sustainable construction methods has further fueled market expansion.

The market is also driven by the need for improved building performance and the desire to enhance indoor comfort. With advancements in technology and the development of innovative insulation products, mineral wool boards have become a popular choice among builders and architects. The global mineral wool board insulation market is poised for continued growth, supported by ongoing investments in infrastructure development and the increasing focus on energy-efficient building solutions.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Function
    2. Market Snapshot, By Type
    3. Market Snapshot, By Application
    4. Market Snapshot, By Region
  4. Global Mineral Wool Board Insulation Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Energy efficiency.
        2. Fire resistance.
        3. Noise reduction.
        4. Sustainable construction.
      2. Restraints
        1. High cost.
        2. Limited availability.
        3. Installation complexity.
        4. Environmental concerns.
      3. Opportunities
        1. Green building growth.
        2. Emerging markets.
        3. Technological advancements.
        4. Regulatory support.
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Mineral Wool Board Insulation Market, By Function, 2021 - 2031 (USD Million)

      1. Thermal Insulation

      2. Acoustic Insulation

      3. Others

    2. Global Mineral Wool Board Insulation Market, By Type, 2021 - 2031 (USD Million)
      1. Slag Wool
      2. Glass Wool
      3. Rock Wool
    3. Global Mineral Wool Board Insulation Market, By Application, 2021 - 2031 (USD Million)
      1. Residential
      2. Commercial
      3. Industrial
    4. Global Mineral Wool Board Insulation Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Rock Wool
      2. American Acoustical Products
      3. Industrial Insulation
      4. Johns Manville
      5. Thermafiber
      6. Knauf Insulation
      7. USG Interiors
      8. Celenit
      9. Tegola Canadese
      10. Eterno Ivica Srl
      11. Ursa France
      12. Caparol
      13. Siderise
  7. Analyst Views
  8. Future Outlook of the Market