Market Overview:
The global mineral wool bulk insulation market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for energy-efficient and environment-friendly building materials. Mineral wool is made up of natural minerals such as rock, slag, or glass that are melted and spun into fibers. These fibers are then used as insulation in buildings and other applications. The light density mineral wool segment is expected to grow at a CAGR of 5% from 2018 to 2030, while the heavy density mineral wool segment is expected to grow at a CAGR of 6% during the same period. The industrial application segment is expected to dominate the global mineral wool bulk insulation market with a share of 43%, followed by residential and other applications respectively.
Product Definition:
Mineral Wool Bulk Insulation is a type of insulation made from natural or synthetic fibers that are spun into thin strands and then bonded together with a resin. Mineral wool is one of the most popular types of insulation and can be used in both residential and commercial applications. It is important to use mineral wool insulation because it can help to improve the energy efficiency of a building, which can lead to lower energy costs.
Light Density Mineral Wool:
Light Density Mineral Wool (LDMW) is a type of mineral wool, which has high thermal conductivity and low density. It is manufactured using various raw materials including silica sand, clay, and limestone. LDMW offers several benefits over conventional products such as glass wool and fiberglass in bulk insulation applications owing to its light weight characteristics.
Heavy Density Mineral Wool:
Heavy Density Mineral Wool (HBMW) is a type of mineral wool that has uniform pore sizes. It is made from minerals such as ceramic fibers, rock, and glass. HBMW can be used in various applications including thermal insulation, soundproofing, fire protection & alarms and air conditioning filter elements.
Application Insights:
The industrial segment accounted for the largest revenue share of over 60% in 2017. Mineral wool bulk insulation is widely used in industries including chemical, power generation and oil & gas to improve the operational efficiency by reducing energy loss. It is also used in manufacturing process heaters, air handling units and boiler houses that require high thermal resistance from the materials.
Industrial buildings are required to fulfill stringent environmental regulations such as Air Quality Standards (AQS) under Regional haze Directive (RHD) and National Emissions Standard (NES). The use of mineral wool bulk insulation helps meet these regulatory requirements since it exhibits low emissions when compared to other materials. Furthermore, increasing awareness among end-users regarding energy conservation is expected to promote product demand over the forecast period.
Regional Analysis:
Asia Pacific dominated the global market in 2017. The region is expected to witness significant growth over the forecast period owing to increasing industrialization and rising energy demand. Mineral wool insulation is used for heat recovery applications as it allows heat transfer through its thermal mass properties, which aids in energy efficiency of buildings.
Europe accounted for a major share of revenue in 2017 due to early adoption by industry players and continuous innovation on product design, application process, and manufacturing technology coupled with high consumer awareness regarding benefits offered by mineral wools. Moreover, stringent government regulations pertaining to reduction of greenhouse gas emissions are anticipated to drive product demand across residential as well as non-residential building sectors across Europe over the forecast period.
Growth Factors:
- Increasing demand for energy-efficient and environment-friendly insulation products
- Rising awareness about the benefits of mineral wool insulation among homeowners and builders
- Growing popularity of green building practices
- Proliferation of DIY home improvement projects
- Stringent government regulations mandating the use of energy-efficient insulation products in construction
Scope Of The Report
Report Attributes
Report Details
Report Title
Mineral Wool Bulk Insulation Market Research Report
By Type
Light Density Mineral Wool, Heavy Density Mineral Wool
By Application
Industrial, Residential, Other
By Companies
Dow, Johns Manville, Thermafiber, Knauf Insulation, Owens Corning, Insulpack, Eastm Insulation Limited, Industrial Insulation Group, LLC, Dow
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
204
Number of Tables & Figures
143
Customization Available
Yes, the report can be customized as per your need.
Global Mineral Wool Bulk Insulation Market Report Segments:
The global Mineral Wool Bulk Insulation market is segmented on the basis of:
Types
Light Density Mineral Wool, Heavy Density Mineral Wool
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Industrial, Residential, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Dow
- Johns Manville
- Thermafiber
- Knauf Insulation
- Owens Corning
- Insulpack
- Eastm Insulation Limited
- Industrial Insulation Group, LLC
- Dow
Highlights of The Mineral Wool Bulk Insulation Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Light Density Mineral Wool
- Heavy Density Mineral Wool
- By Application:
- Industrial
- Residential
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Mineral Wool Bulk Insulation Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Mineral Wool Bulk Insulation is a type of insulation that is made from mineral wool. Mineral wool is a natural fiber that comes from the bark of trees. It has a high thermal conductivity and can be used to insulate buildings and other structures.
Some of the major players in the mineral wool bulk insulation market are Dow, Johns Manville, Thermafiber, Knauf Insulation, Owens Corning, Insulpack, Eastm Insulation Limited, Industrial Insulation Group, LLC, Dow.
The mineral wool bulk insulation market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Mineral Wool Bulk Insulation Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Mineral Wool Bulk Insulation Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Mineral Wool Bulk Insulation Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Mineral Wool Bulk Insulation Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Mineral Wool Bulk Insulation Market Size & Forecast, 2020-2028
4.5.1 Mineral Wool Bulk Insulation Market Size and Y-o-Y Growth
4.5.2 Mineral Wool Bulk Insulation Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Light Density Mineral Wool
5.2.2 Heavy Density Mineral Wool
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Industrial
6.2.2 Residential
6.2.3 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Mineral Wool Bulk Insulation Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Mineral Wool Bulk Insulation Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Light Density Mineral Wool
9.6.2 Heavy Density Mineral Wool
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Industrial
9.10.2 Residential
9.10.3 Other
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Light Density Mineral Wool
10.6.2 Heavy Density Mineral Wool
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Industrial
10.10.2 Residential
10.10.3 Other
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Light Density Mineral Wool
11.6.2 Heavy Density Mineral Wool
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Industrial
11.10.2 Residential
11.10.3 Other
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Light Density Mineral Wool
12.6.2 Heavy Density Mineral Wool
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Industrial
12.10.2 Residential
12.10.3 Other
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Light Density Mineral Wool
13.6.2 Heavy Density Mineral Wool
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Industrial
13.10.2 Residential
13.10.3 Other
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Mineral Wool Bulk Insulation Market: Competitive Dashboard
14.2 Global Mineral Wool Bulk Insulation Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Dow
14.3.2 Johns Manville
14.3.3 Thermafiber
14.3.4 Knauf Insulation
14.3.5 Owens Corning
14.3.6 Insulpack
14.3.7 Eastm Insulation Limited
14.3.8 Industrial Insulation Group, LLC
14.3.9 Dow
