Latest Update: Impact of current COVID-19 situation has been considered in this report while making the analysis.
Global Mineral Wool Market by Type (Glass Wool, Stone Wool), By Application (Fire protection, Thermal, Acoustics, Others) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030-report

Global Mineral Wool Market by Type (Glass Wool, Stone Wool), By Application (Fire protection, Thermal, Acoustics, Others) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030

Report ID: 201859 3300 Chemical & Material 377 249 Pages 4.9 (32)

Market Overview:

The global mineral wool 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 mineral wool in fire protection, thermal insulation, and acoustics applications. Additionally, the growing construction industry is also contributing to the growth of the global mineral wool market. The glass wool segment is expected to dominate the global mineral wool market during the forecast period owing to its properties such as high thermal insulation and acoustic performance. The Asia Pacific region is expected to be a key contributor to the growth of this segment duringthe forecast period. The fire protection application segment is projectedto grow at a higher CAGR than other applications segments from 2018to 2030 due toproperties such as flame retardancy.

Global Mineral Wool Industry Outlook

Product Definition:

Mineral wool is an insulating material made from natural or man-made fibers that are spun into fibers then woven into blankets, batting, or fabric. Mineral wool has a high thermal resistance and is used in building insulation, as well as automotive and naval insulation.

Glass Wool:

Glass wool is a type of insulation material made from sand, rock, and other fibers. It is usually used in thermal insulators such as heat & sound transfer pads and gaskets for automotive engines. Glass wool has the ability to absorb sound like fiberglass but not able to conduct heat like metal. Due to this property it is very popular in automotive applications where noise reduction needs are high along with efficiency requirements.

Stone Wool:

Stone wool is a type of mineral fiber that consists of jute-like fibers derived from certain rocks and minerals. It has high tensile strength, durability, and thermal insulation properties. Stone wool can be used as an alternative to glass wool or asbestos in various applications including heat shielding, cable insulations, fireproofing materials for construction industry buildings & factories; it can also be used in the production of geomembranes & roof tiles.

Application Insights:

The thermal application segment led the global mineral wool market in 2017 and is projected to expand at a CAGR of XX% over the forecast period. Mineral fibers are increasingly being used as an alternative to asbestos for insulation purposes owing to their superior fire-resistance properties, which are further expected to drive product demand in this application segment over the next eight years.

Mineral fibers offer high strength and excellent thermal resistance when compared with other materials used for insulation such as cellulose fiber or polyurethane foam. They also have low density, higher strength per unit of weight and larger surface area resulting in better heat transfer properties than most synthetic products available on the market today. These aforementioned factors are anticipated to fuel growth across various applications including fire protection within buildings & vehicles where safety is a major concern leading into 2018 & 2030 with CAGR varying between 5% - 6%.

Regional Analysis:

Asia Pacific dominated the global mineral Wool market in 2016 and is expected to continue its dominance over the forecast period. The growth of this region can be attributed to increasing fire safety requirements coupled with rising construction activities in emerging economies such as India, China, and Indonesia. In addition, growing demand for thermal products from countries such as Japan and South Korea is anticipated to propel product demand over the next eight years.

The industry in Europe was valued at USD X million in 2016 owing to presence of a large number of mineral processing units across Germany, France Italy along with other countries including Belgium, Netherlands etc. Growing fire safety concerns have resulted into increased product adoption across European countries which will fuel industry growth during the forecast period.

North America accounted for a significant share followed by Europe due to high acceptance level towards fireproof materials coupled with stringent regulations laid down by government organizations pertaining Fire Protection standards that are regulated by Underwriters Laboratories Inc., National Fire Protection Association (NFPA).

Growth Factors:

  • Increasing demand from the construction sector for thermal and acoustic insulation
  • Growing popularity of mineral wool as a sustainable building material
  • Rising awareness about the benefits of mineral wool among architects, builders, and consumers
  • Technological advancements that have made mineral wool more efficient and versatile
  • The increasing use of mineral wool in niche applications such as automotive insulation

Scope Of The Report

Report Attributes

Report Details

Report Title

Mineral Wool Market Research Report

By Type

Glass Wool, Stone Wool

By Application

Fire protection, Thermal, Acoustics, Others

By Companies


Regions Covered

North America, Europe, APAC, Latin America, MEA

Base Year


Historical Year

2019 to 2020 (Data from 2010 can be provided as per availability)

Forecast Year


Number of Pages


Number of Tables & Figures


Customization Available

Yes, the report can be customized as per your need.

Global Mineral Wool Market Report Segments:

The global Mineral Wool market is segmented on the basis of:


Glass Wool, Stone 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.


Fire protection, Thermal, Acoustics, 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:

  4. PAROC
  9. USG

Global Mineral Wool Market Overview

Highlights of The Mineral Wool Market Report:

  1. The market structure and projections for the coming years.
  2. Drivers, restraints, opportunities, and current trends of Alpha Hydroxy Acid for Cosmetic Market.
  3. Historical data and forecast.
  4. Estimations for the forecast period 2030.
  5. Developments and trends in the market.
  6. By Type:

    1. Glass Wool
    2. Stone Wool
  1. By Application:

    1. Fire protection
    2. Thermal
    3. Acoustics
    4. Others
  1. Market scenario by region, sub-region, and country.
  2. Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
  3. Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
  4. Government Policies, Macro & Micro economic factors are also included in the report.

We have studied the Mineral Wool 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

Global Mineral Wool Market Statistics

8 Reasons to Buy This Report

  1. Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
  2. Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
  3. Implemented Robust Methodology to Prepare the Report
  4. Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
  5. Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
  6. Provides Information About the Top-winning Strategies Implemented by Industry Players.
  7. In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
  8. Customization of the Report Available
1. Executive Summary

2. Assumptions and Acronyms Used

3. Research Methodology

4. Mineral Wool Market Overview
   4.1. Introduction
      4.1.1. Market Taxonomy
      4.1.2. Market Definition
   4.2. Macro-Economic Factors
      4.2.1. Industry Outlook
   4.3. Mineral Wool Market Dynamics
      4.3.1. Market Drivers
      4.3.2. Market Restraints
      4.3.3. Opportunity
      4.3.4. Market Trends
   4.4. Mineral Wool Market - Supply Chain
   4.5. Global Mineral Wool Market Forecast
      4.5.1. Mineral Wool Market Size (US$ Mn) and Y-o-Y Growth
      4.5.2. Mineral Wool Market Size (000’ Units) and Y-o-Y Growth
      4.5.3. Mineral Wool Market Absolute $ Opportunity

5. Global Mineral Wool Market Analysis and Forecast by Type
   5.1. Market Trends
   5.2. Introduction
      5.2.1. Basis Point Share (BPS) Analysis by Type
      5.2.2. Y-o-Y Growth Projections by Type
   5.3. Mineral Wool Market Size and Volume Forecast by Type
      5.3.1. Glass Wool
      5.3.2. Stone Wool
   5.4. Absolute $ Opportunity Assessment by Type
   5.5. Market Attractiveness/Growth Potential Analysis by Type

6. Global Mineral Wool Market Analysis and Forecast by Application
   6.1. Market Trends
   6.2. Introduction
      6.2.1. Basis Point Share (BPS) Analysis by Application
      6.2.2. Y-o-Y Growth Projections by Application
   6.3. Mineral Wool Market Size and Volume Forecast by Application
      6.3.1. Fire protection
      6.3.2. Thermal
      6.3.3. Acoustics
      6.3.4. Others
   6.4. Absolute $ Opportunity Assessment by Application
   6.5. Market Attractiveness/Growth Potential Analysis by Application

7. Global Mineral Wool Market Analysis and Forecast by Sales Channel
   7.1. Market Trends
   7.2. Introduction
      7.2.1. Basis Point Share (BPS) Analysis by Sales Channel 
      7.2.2. Y-o-Y Growth Projections by Sales Channel
   7.3. Mineral Wool Market Size and Volume Forecast by Sales Channel 
      7.3.1. Manufacturer/Distributor/Service Provider
      7.3.2. Aftermarket
   7.4. Absolute $ Opportunity Assessment by Sales Channel
   7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel

8. Global Mineral Wool Market Analysis and Forecast by Region
   8.1. Market Trends
   8.2. Introduction
      8.2.1. Basis Point Share (BPS) Analysis by Region
      8.2.2. Y-o-Y Growth Projections by Region
   8.3. Mineral Wool Market Size and Volume Forecast by Region
      8.3.1. North America
      8.3.2. Latin America
      8.3.3. Europe
      8.3.4. Asia Pacific
      8.3.5. Middle East and Africa (MEA)
   8.4. Absolute $ Opportunity Assessment by Region
   8.5. Market Attractiveness/Growth Potential Analysis by Region
   8.6. Global Mineral Wool Demand Share Forecast, 2019-2026

9. North America Mineral Wool Market Analysis and Forecast
   9.1. Introduction
      9.1.1. Basis Point Share (BPS) Analysis by Country
      9.1.2. Y-o-Y Growth Projections by Country
   9.2. North America Mineral Wool Market Size and Volume Forecast by Country
      9.2.1. U.S.
      9.2.2. Canada
   9.3. Absolute $ Opportunity Assessment by Country
   9.4. North America Mineral Wool Market Size and Volume Forecast by Application
      9.4.1. Fire protection
      9.4.2. Thermal
      9.4.3. Acoustics
      9.4.4. Others
   9.5. Basis Point Share (BPS) Analysis by Application
   9.6. Y-o-Y Growth Projections by Application
   9.7. North America Mineral Wool Market Size and Volume Forecast by Type
      9.7.1. Glass Wool
      9.7.2. Stone Wool
   9.8. Basis Point Share (BPS) Analysis by Type
   9.9. Y-o-Y Growth Projections by Type
   9.10. Market Attractiveness/Growth Potential Analysis
      9.10.1. By Country
      9.10.2. By Product Type
      9.10.3. By Application
      9.10.4. By Sales Channel
   9.11. North America Mineral Wool Demand Share Forecast, 2019-2026

10. Latin America Mineral Wool Market Analysis and Forecast
   10.1. Introduction
      10.1.1. Basis Point Share (BPS) Analysis by Country
      10.1.2. Y-o-Y Growth Projections by Country
      10.1.3. Latin America Average Pricing Analysis
   10.2. Latin America Mineral Wool Market Size and Volume Forecast by Country
      10.2.1. Brazil
      10.2.2. Mexico
      10.2.3. Rest of Latin America
   10.3. Absolute $ Opportunity Assessment by Country
   10.4. Latin America Mineral Wool Market Size and Volume Forecast by Application
      10.4.1. Fire protection
      10.4.2. Thermal
      10.4.3. Acoustics
      10.4.4. Others
   10.5. Basis Point Share (BPS) Analysis by Application
   10.6. Y-o-Y Growth Projections by Application
   10.7. Latin America Mineral Wool Market Size and Volume Forecast by Type
      10.7.1. Glass Wool
      10.7.2. Stone Wool
   10.8. Basis Point Share (BPS) Analysis by Type
   10.9. Y-o-Y Growth Projections by Type
   10.10. Market Attractiveness/Growth Potential Analysis
      10.10.1. By Country
      10.10.2. By Product Type
      10.10.3. By Application
      10.10.4. By Sales Channel
   10.11. Latin America Mineral Wool Demand Share Forecast, 2019-2026

11. Europe Mineral Wool Market Analysis and Forecast
   11.1. Introduction
      11.1.1. Basis Point Share (BPS) Analysis by Country
      11.1.2. Y-o-Y Growth Projections by Country
      11.1.3. Europe Average Pricing Analysis
   11.2. Europe Mineral Wool Market Size and Volume Forecast by Country
      11.2.1. Germany
      11.2.2. France
      11.2.3. Italy
      11.2.4. U.K.
      11.2.5. Spain
      11.2.6. Russia
      11.2.7. Rest of Europe
   11.3. Absolute $ Opportunity Assessment by Country
   11.4. Europe Mineral Wool Market Size and Volume Forecast by Application
      11.4.1. Fire protection
      11.4.2. Thermal
      11.4.3. Acoustics
      11.4.4. Others
   11.5. Basis Point Share (BPS) Analysis by Application
   11.6. Y-o-Y Growth Projections by Application
   11.7. Europe Mineral Wool Market Size and Volume Forecast by Type
      11.7.1. Glass Wool
      11.7.2. Stone Wool
   11.8. Basis Point Share (BPS) Analysis by Type
   11.9. Y-o-Y Growth Projections by Type
   11.10. Market Attractiveness/Growth Potential Analysis
      11.101. By Country
      11.10.2. By Product Type
      11.10.3. By Application
      11.10.4. By Sales Channel
   11.11. Europe Mineral Wool Demand Share, 2019-2026

12. Asia Pacific Mineral Wool Market Analysis and Forecast
   12.1. Introduction
      12.1.1. Basis Point Share (BPS) Analysis by Country
      12.1.2. Y-o-Y Growth Projections by Country
      12.1.3. Asia Pacific Average Pricing Analysis
   12.2. Asia Pacific Mineral Wool Market Size and Volume Forecast by Country
      12.2.1. China
      12.2.2. Japan
      12.2.3. South Korea
      12.2.4. India
      12.2.5. Australia
      12.2.6. Rest of Asia Pacific (APAC)
   12.3. Absolute $ Opportunity Assessment by Country
   12.4. Asia Pacific Mineral Wool Market Size and Volume Forecast by Application
      12.4.1. Fire protection
      12.4.2. Thermal
      12.4.3. Acoustics
      12.4.4. Others
   12.5. Basis Point Share (BPS) Analysis by Application
   12.6. Y-o-Y Growth Projections by Application
   12.7. Asia Pacific Mineral Wool Market Size and Volume Forecast by Type
      12.7.1. Glass Wool
      12.7.2. Stone Wool
   12.8. Basis Point Share (BPS) Analysis by Type
   12.9. Y-o-Y Growth Projections by Type
   12.10. Market Attractiveness/Growth Potential Analysis
      12.10.1. By Country
      12.10.2. By Product Type
      12.10.3. By Application
      12.10.4. By Sales Channel
   12.11. Asia Pacific Mineral Wool Demand Share, 2019-2026

13. Middle East & Africa Mineral Wool Market Analysis and Forecast
   13.1. Introduction
      13.1.1. Basis Point Share (BPS) Analysis by Country
      13.1.2. Y-o-Y Growth Projections by Country
      13.1.3. Asia Pacific Average Pricing Analysis
   13.2. Middle East & Africa Mineral Wool Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
   13.4. Middle East & Africa Mineral Wool Market Size and Volume Forecast by Application
      13.4.1. Fire protection
      13.4.2. Thermal
      13.4.3. Acoustics
      13.4.4. Others
   13.5. Basis Point Share (BPS) Analysis by Application
   13.6. Y-o-Y Growth Projections by Application
   13.7. Middle East & Africa Mineral Wool Market Size and Volume Forecast by Type
      13.7.1. Glass Wool
      13.7.2. Stone Wool
   13.8. Basis Point Share (BPS) Analysis by Type
   13.9. Y-o-Y Growth Projections by Type
   13.10. Market Attractiveness/Growth Potential Analysis
      13.10.1. By Country
      13.10.2. By Product Type
      13.10.3. By Application
      13.10.4. By Sales Channel
   13.11. Middle East & Africa Mineral Wool Demand Share, 2019-2026

14. Competition Landscape
   14.1. Global Mineral Wool Market: Market Share Analysis
   14.2. Mineral Wool Distributors and Customers
   14.3. Mineral Wool Market: Competitive Dashboard
   14.4. Company Profiles (Details – Overview, Financials, Developments, Strategy) 
      14.4.1. JOHNS MANVILLE Overview Financials Developments Strategic Outlook
      14.4.2. KNAUF INSULATION Overview Financials Developments Strategic Outlook
      14.4.3. OWENS CORNING Overview Financials Developments Strategic Outlook
      14.4.4. PAROC Overview Financials Developments Strategic Outlook
      14.4.5. ROCKWOOL INTERNATIONAL Overview Financials Developments Strategic Outlook
      14.4.6. SAINT-GOBAIN Overview Financials Developments Strategic Outlook
      14.4.7. URALITA Overview Financials Developments Strategic Outlook
      14.4.8. IZOCAM Overview Financials Developments Strategic Outlook
      14.4.9. USG Overview Financials Developments Strategic Outlook
      14.4.10. POLY GLASS FIBER INSULATION Overview Financials Developments Strategic Outlook
      14.4.11. COMPANY 11 Overview Financials Developments Strategic Outlook
      14.4.12. COMPANY 12 Overview Financials Developments Strategic Outlook
      14.4.13. COMPANY 13 Overview Financials Developments Strategic Outlook
      14.4.14. COMPANY 14 Overview Financials Developments Strategic Outlook
      14.4.15. COMPANY 15 Overview Financials Developments Strategic Outlook
      14.4.16. COMPANY 16 Overview Financials Developments Strategic Outlook
      14.4.17. COMPANY 17 Overview Financials Developments Strategic Outlook
      14.4.18. COMPANY 18 Overview Financials Developments Strategic Outlook
      14.4.19. COMPANY 19 Overview Financials Developments Strategic Outlook
      14.4.20. COMPANY 20 Overview Financials Developments Strategic Outlook

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