Market Overview:
The global stone wool board market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for stone wool boards in various end-use applications, such as industrial buildings and civil buildings. Stone wool boards are made up of natural minerals and are available in different densities, depending on the application requirements. The low-density stone wool boards (< 60 kg/m3) are used for thermal insulation in cold climates, whereas high-density stone wool boards (> 180 kg/m3) are used for fire protection and acoustic insulation purposes.
Product Definition:
Stone wool board is made of natural stone fibers and it has a lot of advantages comparing with other building materials.
Density: < 60kg/m3:
Density is the measurement of mass per unit volume. Stone wool has a high density, which makes it heavier than air and water. The density of stone wool depends on its moisture content when it is manufactured; usually, the higher the better as long as it falls within an appropriate range for use in construction applications.
Density: 60kg/m3~120kg/m3:
Density: 60kg/m3 is used for making Stone Wool Board (SWB), which is widely used in the construction industry. The product has high durability and strength, which makes it suitable for use in building materials such as exterior walls of buildings and bridges.
The density of the product can be customized according to customer requirements; however, it should comply with standards set by various regulatory bodies across the world.
Application Insights:
The industry can be segmented by application into industrial buildings and civil buildings. The stone wool board is widely used in the construction of industrial buildings as it helps in reducing condensation on walls, ceilings and roofs due to its thermal conductivity properties. It is also used for sound insulation owing to its high density. These factors are likely to drive product demand from the industry over the forecast period.
Civil building applications include exterior wall coverings, interior partitions, acoustic solutions and roofing underlayment among others. The product finds application across various segments including exterior wall covering; interior partitions; acoustic solutions; roofing underlayment among others owing to its superior characteristics such as fire resistance & moisture resistance along with soundproofing benefits offered by it during construction of a building or structure that requires acoustical treatment or sealing off against noise pollution caused by traffic etc., which are likely to propel market growth over the coming years.
Regional Analysis:
Asia Pacific dominated the global stone wool board market in 2017 and is expected to continue its dominance over the next eight years. The growth of this region can be attributed to rapid industrialization, increasing infrastructure development, and rising awareness about green buildings.
The construction industry in Europe has shown positive signs of recovery since 2009 after a recessionary period that began in 2007. In terms of value, construction output grew by 2% from 2014 to 2016 while GDP increased by 3%. The majority (85%) of new residential housing projects are currently taking place outside major cities where there is already a strong demand for housing units; instead these projects are taking place further inland where land is cheaper thus making it more profitable for developers. This trend will have an impact on regional product demand as well as consumption patterns over the forecast period.
Growth Factors:
- Increasing demand from the construction industry for thermal insulation and fire protection products.
- Growing popularity of stone wool boards as a green building material owing to their high recycled content and environmental benefits.
- Rising demand for lightweight yet durable stone wool boards in furniture manufacturing and other end-use applications.
- Technological advancements that have led to the development of new and innovative stone wool board products with better performance characteristics.
- increasing awareness about the benefits of using stone wool boards among architects, builders, contractors, and consumers alike
Scope Of The Report
Report Attributes
Report Details
Report Title
Stone Wool Board Market Research Report
By Type
Density: < 60kg/m3, Density: 60kg/m3~120kg/m3, Density: 121kg/m3~180kg/m3, Density: >180kg/m3
By Application
Industrial Buildings, Civil Buildings
By Companies
Rockwool, izocam, Alexinsulation Group, Rockmec Industrial, NICHIAS Corporation, Tianjin Huali Thermal Insulation Building Material Co., Ltd., Knauf Insulation, IKING GROUP, Tianjin EcoIn Tech Co.,Ltd, Saudi Rock Wool Factory, Rockwool, Asia Cuanon, Zjask Co., Ltd., RAVATHERM, Özpor
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
176
Number of Tables & Figures
124
Customization Available
Yes, the report can be customized as per your need.
Global Stone Wool Board Market Report Segments:
The global Stone Wool Board market is segmented on the basis of:
Types
Density: < 60kg/m3, Density: 60kg/m3~120kg/m3, Density: 121kg/m3~180kg/m3, Density: >180kg/m3
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 Buildings, Civil Buildings
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
- izocam
- Alexinsulation Group
- Rockmec Industrial
- NICHIAS Corporation
- Tianjin Huali Thermal Insulation Building Material Co., Ltd.
- Knauf Insulation
- IKING GROUP
- Tianjin EcoIn Tech Co.,Ltd
- Saudi Rock Wool Factory
- Rockwool
- Asia Cuanon
- Zjask Co., Ltd.
- RAVATHERM
- Özpor
Highlights of The Stone Wool Board 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:
- Density: < 60kg/m3
- Density: 60kg/m3~120kg/m3
- Density: 121kg/m3~180kg/m3
- Density: >180kg/m3
- By Application:
- Industrial Buildings
- Civil Buildings
- 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 Stone Wool Board 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.
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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?
Stone Wool Board is a type of insulation board made from natural stones. It is used to insulate buildings and other structures, and can be installed in a variety of ways.
Some of the major players in the stone wool board market are Rockwool, izocam, Alexinsulation Group, Rockmec Industrial, NICHIAS Corporation, Tianjin Huali Thermal Insulation Building Material Co., Ltd., Knauf Insulation, IKING GROUP, Tianjin EcoIn Tech Co.,Ltd, Saudi Rock Wool Factory, Rockwool, Asia Cuanon, Zjask Co., Ltd., RAVATHERM, –zpor.
The stone wool board market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Stone Wool Board 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 Stone Wool Board Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Stone Wool Board 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 Stone Wool Board 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 Stone Wool Board Market Size & Forecast, 2018-2028 4.5.1 Stone Wool Board Market Size and Y-o-Y Growth 4.5.2 Stone Wool Board Market Absolute $ Opportunity
Chapter 5 Global Stone Wool Board 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 Stone Wool Board Market Size Forecast by Type
5.2.1 Density: < 60kg/m3
5.2.2 Density: 60kg/m3~120kg/m3
5.2.3 Density: 121kg/m3~180kg/m3
5.2.4 Density: >180kg/m3
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Stone Wool Board 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 Stone Wool Board Market Size Forecast by Applications
6.2.1 Industrial Buildings
6.2.2 Civil Buildings
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Stone Wool Board 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 Stone Wool Board 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 Stone Wool Board Analysis and Forecast
9.1 Introduction
9.2 North America Stone Wool Board 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 Stone Wool Board Market Size Forecast by Type
9.6.1 Density: < 60kg/m3
9.6.2 Density: 60kg/m3~120kg/m3
9.6.3 Density: 121kg/m3~180kg/m3
9.6.4 Density: >180kg/m3
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 Stone Wool Board Market Size Forecast by Applications
9.10.1 Industrial Buildings
9.10.2 Civil Buildings
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 Stone Wool Board Analysis and Forecast
10.1 Introduction
10.2 Europe Stone Wool Board 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 Stone Wool Board Market Size Forecast by Type
10.6.1 Density: < 60kg/m3
10.6.2 Density: 60kg/m3~120kg/m3
10.6.3 Density: 121kg/m3~180kg/m3
10.6.4 Density: >180kg/m3
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 Stone Wool Board Market Size Forecast by Applications
10.10.1 Industrial Buildings
10.10.2 Civil Buildings
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 Stone Wool Board Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Stone Wool Board 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 Stone Wool Board Market Size Forecast by Type
11.6.1 Density: < 60kg/m3
11.6.2 Density: 60kg/m3~120kg/m3
11.6.3 Density: 121kg/m3~180kg/m3
11.6.4 Density: >180kg/m3
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 Stone Wool Board Market Size Forecast by Applications
11.10.1 Industrial Buildings
11.10.2 Civil Buildings
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 Stone Wool Board Analysis and Forecast
12.1 Introduction
12.2 Latin America Stone Wool Board 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 Stone Wool Board Market Size Forecast by Type
12.6.1 Density: < 60kg/m3
12.6.2 Density: 60kg/m3~120kg/m3
12.6.3 Density: 121kg/m3~180kg/m3
12.6.4 Density: >180kg/m3
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 Stone Wool Board Market Size Forecast by Applications
12.10.1 Industrial Buildings
12.10.2 Civil Buildings
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) Stone Wool Board Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Stone Wool Board 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) Stone Wool Board Market Size Forecast by Type
13.6.1 Density: < 60kg/m3
13.6.2 Density: 60kg/m3~120kg/m3
13.6.3 Density: 121kg/m3~180kg/m3
13.6.4 Density: >180kg/m3
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) Stone Wool Board Market Size Forecast by Applications
13.10.1 Industrial Buildings
13.10.2 Civil Buildings
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 Stone Wool Board Market: Competitive Dashboard
14.2 Global Stone Wool Board Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Rockwool
14.3.2 izocam
14.3.3 Alexinsulation Group
14.3.4 Rockmec Industrial
14.3.5 NICHIAS Corporation
14.3.6 Tianjin Huali Thermal Insulation Building Material Co., Ltd.
14.3.7 Knauf Insulation
14.3.8 IKING GROUP
14.3.9 Tianjin EcoIn Tech Co.,Ltd
14.3.10 Saudi Rock Wool Factory
14.3.11 Rockwool
14.3.12 Asia Cuanon
14.3.13 Zjask Co., Ltd.
14.3.14 RAVATHERM
14.3.15 Özpor