Market Overview:
The global Rockwool market is expected to grow from USD 5.02 billion in 2018 to USD 7.48 billion by 2030, at a CAGR of 4.92% during the forecast period. The growth of the market can be attributed to the increasing demand for insulation products in buildings and chemical industries, and rising awareness about energy-efficient construction practices across the globe. The global Rockwool market is segmented by type, application, and region. By type, the market is divided into blanket, board, and others segments. The blanket segment is projected to lead the global Rockwool market during the forecast period owing to its high thermal insulation properties as compared to other types of Rockwool products available in the market.
Product Definition:
Rockwool is a mineral fiber insulation product made from basalt, a volcanic rock, and recycled slag wool. It is an excellent thermal and sound insulator.
Blanket:
Blanket is a type of insulation material that is made up of fibers, rocks, and other materials. It's primary function in the wool market is to provide protection from the cold during wool processing. The different types of blankets available are based on their applications such as pre-fiber, fiberglass reinforced polyester (FRP), rockwool blanket (RWB), post-fiber glass FRP and others.
Board:
The global board and it's usage in rockwool market is expected to witness significant growth on account of increasing demand for green building materials. The product is used as an insulating layer between the baseboard and the insulation, which helps in improving thermal performance, reducing noise levels, and maintaining uniform temperature.
Application Insights:
Building was the largest application segment in 2016 and accounted for over 60.0% of the global demand. The product is widely used in residential, commercial and industrial construction as it helps reduce moisture penetration from the air by more than 80%. Rockwool insulation boards are also increasingly being utilized for their superior thermal insulation properties in roofing applications owing to their low cost, high R-value and superior aesthetic appeal.
Chemical was one of the fastest growing application segments with a CAGR of XX%, in terms of revenue during the forecast period 2018 to 2030 on account of its rising use as an insulating material within petrochemical plants, chemical storage tanks & vessels along with other chemical processing buildings & facilities at both domestic and international levels across all major regions globally.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The growth of this region can be attributed to rising product demand from countries such as China, India, South Korea, Japan and Australia. Blanket rockwool is largely used for manufacturing insulation products such as building wraps, blanket foam insulation and adhesives for flooring systems in these countries owing to its high performance characteristics.
The chemical industry has been one of the major end-user industries driving product demand across Asia Pacific since it offers a wide range of applications including emulsions & dispersions (for example; paints & coatings), agrochemicals (fertilizers), food processing aids (emulsifiers) along with others at relatively low cost when compared to other alternatives available in the market.
Europe was estimated as being second largest regional segment by RockWool Company Ltd.
Growth Factors:
- Increasing demand from the construction industry for thermal and acoustic insulation products.
- Growing demand for Rockwool products in the Asia Pacific region, especially China and India.
- Rising awareness about the benefits of using Rockwool insulation among consumers and builders/contractors.
- Expansion of manufacturing capacities by key players in response to rising demand.
Scope Of The Report
Report Attributes
Report Details
Report Title
Rockwool Market Research Report
By Type
Blanket, Board, Others
By Application
Building, Chemical, Others
By Companies
ROCKWOOL, Knauf Insulation, Saint-Gobain, Asia Cuanon, Johns Manville, CertainTeed Corp, Roxul Inc., Rock Wool Manufacturing, USG Interiors
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
188
Number of Tables & Figures
132
Customization Available
Yes, the report can be customized as per your need.
Global Rockwool Market Report Segments:
The global Rockwool market is segmented on the basis of:
Types
Blanket, Board, Others
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
Building, Chemical, Others
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:
- ROCKWOOL
- Knauf Insulation
- Saint-Gobain
- Asia Cuanon
- Johns Manville
- CertainTeed Corp
- Roxul Inc.
- Rock Wool Manufacturing
- USG Interiors
Highlights of The Rockwool 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:
- Blanket
- Board
- Others
- By Application:
- Building
- Chemical
- Others
- 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 Rockwool 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?
Rockwool is a type of insulation made from natural mineral wool. It is a dense, heat-resistant material that can be used to insulate buildings and other structures. Rockwool can also be used as an absorbent material for waste disposal.
Some of the major companies in the rockwool market are ROCKWOOL, Knauf Insulation, Saint-Gobain, Asia Cuanon, Johns Manville, CertainTeed Corp, Roxul Inc., Rock Wool Manufacturing, USG Interiors.
The rockwool market is expected to register a CAGR of 4.92%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Rockwool 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 Rockwool Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Rockwool 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 Rockwool 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 Rockwool Market Size & Forecast, 2020-2028
4.5.1 Rockwool Market Size and Y-o-Y Growth
4.5.2 Rockwool 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 Blanket
5.2.2 Board
5.2.3 Others
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 Building
6.2.2 Chemical
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Rockwool 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 Rockwool 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 Blanket
9.6.2 Board
9.6.3 Others
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 Building
9.10.2 Chemical
9.10.3 Others
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 Blanket
10.6.2 Board
10.6.3 Others
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 Building
10.10.2 Chemical
10.10.3 Others
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 Blanket
11.6.2 Board
11.6.3 Others
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 Building
11.10.2 Chemical
11.10.3 Others
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 Blanket
12.6.2 Board
12.6.3 Others
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 Building
12.10.2 Chemical
12.10.3 Others
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 Blanket
13.6.2 Board
13.6.3 Others
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 Building
13.10.2 Chemical
13.10.3 Others
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 Rockwool Market: Competitive Dashboard
14.2 Global Rockwool Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 ROCKWOOL
14.3.2 Knauf Insulation
14.3.3 Saint-Gobain
14.3.4 Asia Cuanon
14.3.5 Johns Manville
14.3.6 CertainTeed Corp
14.3.7 Roxul Inc.
14.3.8 Rock Wool Manufacturing
14.3.9 USG Interiors
