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

By Type;

Glass Wool, Rock Wool and Others.

By End Use Industry;

Building & Construction, Industrial, Transportation and Others.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn102093277 Published Date: March, 2025 Updated Date: April, 2025

Introduction

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

In the year 2024, the Global Mineral Wool Market was valued at USD 16,596.00 million. The size of this market is expected to increase to USD 26,130.89 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 6.7%.

The global mineral wool market represents a significant sector within the broader construction materials industry, characterized by the production and distribution of insulation materials derived from natural or synthetic minerals. Mineral wool products, including glass wool and stone wool, serve as versatile solutions for thermal and acoustic insulation in various applications, ranging from residential and commercial buildings to industrial facilities. With growing emphasis on energy efficiency and sustainable construction practices worldwide, the demand for mineral wool insulation has witnessed steady growth in recent years.

One of the key drivers propelling the expansion of the global mineral wool market is the increasing awareness of environmental sustainability and energy conservation. Mineral wool insulation offers excellent thermal performance, contributing to reduced energy consumption and greenhouse gas emissions in buildings. As governments worldwide implement stringent building codes and standards to promote energy-efficient construction practices, the demand for high-quality insulation materials like mineral wool continues to rise. Additionally, the versatility of mineral wool products, which can be used in diverse climates and construction types, further augments their market appeal.

The construction boom in emerging economies, coupled with urbanization trends and infrastructure development projects, is fostering significant opportunities for growth in the global mineral wool market. Countries experiencing rapid industrialization and urban expansion, particularly in Asia-Pacific and Latin America regions, are driving robust demand for construction materials, including insulation products. Additionally, advancements in manufacturing technologies and product innovations are enhancing the performance characteristics and sustainability credentials of mineral wool insulation, thereby bolstering its market penetration and competitiveness on a global scale.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Type
    2. Market Snapshot, By End Use Industry
    3. Market Snapshot, By Region
  4. Global Mineral Wool Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Energy Efficiency
        2. Sustainable Construction
        3. Stringent Building Regulations
        4. Urbanization
      2. Restraints
        1. Fluctuating Raw Material Prices
        2. Intensive Capital Requirements
        3. Environmental Concerns
        4. Competition from Alternative Insulation Materials
      3. Opportunities
        1. Increasing Demand for Energy-Efficient Buildings
        2. Infrastructure Development Projects
        3. Growing Construction Industry in Emerging Markets
        4. Technological Innovations in Insulation Materials
    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 Market, By Type, 2021 - 2031 (USD Million)
      1. Glass Wool
      2. Rock Wool
      3. Others
    2. Global Mineral Wool Market, By End Use Industry, 2021 - 2031 (USD Million)
      1. Building & Construction
      2. Industrial
      3. Transportation
      4. Others
    3. Global Mineral Wool 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
        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. Compagnie de Saint-Gobain S.A.
      2. IZOCAM
      3. John Manville
      4. Knauf Insulation
      5. Korff Isolmatic GmbH
      6. Owens Corning
      7. Poly Glass Fiber Insulation
      8. URSA Insulation S.A.
      9. TechnoNICOL
  7. Analyst Views
  8. Future Outlook of the Market