Market Overview:
The global rock wool market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for thermal insulation, thermal-acoustic insulation, and acoustic insulation applications across the globe. Additionally, rising awareness about energy conservation is also propelling the growth of this market. On the basis of type, the global rock wool market can be segmented into thermal insulation, thermal-acoustic insulation, and acoustic insulation. Thermal insulation is projected to be one of fastest growing segments in this market during 2018-2030 owing to its increasing application in construction industry across different regions globally.
Product Definition:
Rock Wool is a trade name for a type of insulation made from basalt, a type of igneous rock.
Thermal Insulation:
Thermal insulation is the process of making a material or substance resistant to heat. The most common forms of thermal insulation include rock wool, fiberglass, dry ice, and air. Thermal insulation finds its major application in the building & construction industry for improving the energy efficiency of buildings by lowering indoor temperatures and reducing noise levels.
Thermal-Acoustic Insulation:
Thermal-acoustic insulation is a type of soundproof material that is used to insulate any structure or vehicle. Rock wool, being a by-product of the pulverized coal mining process, has excellent thermal and acoustic properties. It can be used in its natural form or as an extruded fiber product.
Application Insights:
Construction was the largest application segment in 2016 and accounted for a market share of more than 50% in terms of revenue. Rock wool is extensively used as an insulation material in residential, commercial and industrial buildings owing to its characteristics such as fire-resistance, thermal & acoustic insulation properties along with ease of installation process. The rapidly growing construction industry across the globe is expected to be one of the major driving factors for product demand over the forecast period.
The shipbuilding industry also accounted for a significant market share in terms of volume due to increasing demand from oil-producing countries such as China and India along with stable growth from European markets including Germany, France and U.K., which are major shipbuilding hubs globally over recent years. Agriculture is estimated to be one of the fastest growing applications on account KWL's ability to reduce heat flow into building materials resulting into increased energy efficiency by approximately 15%.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The presence of a large number of manufacturers coupled with increasing demand from end-use industries such as shipbuilding, chemical, and agriculture is anticipated to drive growth. China has been observed to be one of the major producers owing to favorable climatic conditions for plant growth along with availability of land.
The European region accounted for a significant share in terms of volume as well as revenue in 2017 due mainly to increased construction activities post BREXIT which resulted into an increase in building insulation materials including rock wool products used for heating, ventilation and air conditioning systems among others.
Growth Factors:
- Growing demand from the construction and insulation industries for thermal and acoustic insulation products is expected to drive the market growth.
- Increasing use of rock wool in automotive applications on account of its superior sound absorption properties is anticipated to boost the market growth.
- Rising demand for lightweight yet high-performance materials in various end-use industries is projected to fuel the market growth over the forecast period.
- Growing awareness about energy conservation and increasing initiatives by governments across different countries towards adoption of green building technologies are expected to create lucrative opportunities for market players over the next few years.
- Technological advancements coupled with rising investments by key players in research & development are likely to propel Rock Wool Market during forecast period
Scope Of The Report
Report Attributes
Report Details
Report Title
Rock Wool Market Research Report
By Type
Thermal Insulation, Thermal-Acoustic Insulation, Acoustic Insulation
By Application
Construction, Shipbuilding Industry, Agriculture, Chemical Industry
By Companies
Rockwool, Amerrock, Paroc Group, Rockfon, Roxul, NGP Industries, MRFL, Knauf Insulation, McNeil, Rock Wool Manufacturing Company, Rockwool (India) Limited (RIL), Basf, Ahmed Al Tazi, Lawsons, Saint Firstman, Shanghai ABM Rock Wool, Shanghai Fanfan New Building Materials, Tianjin Oriental Dragon Heating Equipment, Nanjing Tongtech Rockwool, Nanjing Hengxiang Insulation Mate rials
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
250
Number of Tables & Figures
175
Customization Available
Yes, the report can be customized as per your need.
Global Rock Wool Market Report Segments:
The global Rock Wool market is segmented on the basis of:
Types
Thermal Insulation, Thermal-Acoustic Insulation, Acoustic Insulation
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
Construction, Shipbuilding Industry, Agriculture, Chemical Industry
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
- Amerrock
- Paroc Group
- Rockfon
- Roxul
- NGP Industries
- MRFL
- Knauf Insulation
- McNeil
- Rock Wool Manufacturing Company
- Rockwool (India) Limited (RIL)
- Basf
- Ahmed Al Tazi
- Lawsons
- Saint Firstman
- Shanghai ABM Rock Wool
- Shanghai Fanfan New Building Materials
- Tianjin Oriental Dragon Heating Equipment
- Nanjing Tongtech Rockwool
- Nanjing Hengxiang Insulation Mate rials
Highlights of The Rock Wool 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:
- Thermal Insulation
- Thermal-Acoustic Insulation
- Acoustic Insulation
- By Application:
- Construction
- Shipbuilding Industry
- Agriculture
- Chemical Industry
- 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 Rock 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
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?
Rock Wool is a type of insulation made from recycled glass and rock. It is often used in cold climates to help keep buildings warm.
Some of the major companies in the rock wool market are Rockwool, Amerrock, Paroc Group, Rockfon, Roxul, NGP Industries, MRFL, Knauf Insulation, McNeil, Rock Wool Manufacturing Company, Rockwool (India) Limited (RIL), Basf, Ahmed Al Tazi, Lawsons, Saint Firstman, Shanghai ABM Rock Wool, Shanghai Fanfan New Building Materials, Tianjin Oriental Dragon Heating Equipment, Nanjing Tongtech Rockwool, Nanjing Hengxiang Insulation Mate rials.
The rock wool market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Rock 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. Rock Wool Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Rock Wool Market - Supply Chain
4.5. Global Rock Wool Market Forecast
4.5.1. Rock Wool Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Rock Wool Market Size (000 Units) and Y-o-Y Growth
4.5.3. Rock Wool Market Absolute $ Opportunity
5. Global Rock 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. Rock Wool Market Size and Volume Forecast by Type
5.3.1. Thermal Insulation
5.3.2. Thermal-Acoustic Insulation
5.3.3. Acoustic Insulation
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Rock 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. Rock Wool Market Size and Volume Forecast by Application
6.3.1. Construction
6.3.2. Shipbuilding Industry
6.3.3. Agriculture
6.3.4. Chemical Industry
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Rock 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. Rock 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 Rock 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. Rock 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 Rock Wool Demand Share Forecast, 2019-2026
9. North America Rock 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 Rock 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 Rock Wool Market Size and Volume Forecast by Application
9.4.1. Construction
9.4.2. Shipbuilding Industry
9.4.3. Agriculture
9.4.4. Chemical Industry
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Rock Wool Market Size and Volume Forecast by Type
9.7.1. Thermal Insulation
9.7.2. Thermal-Acoustic Insulation
9.7.3. Acoustic Insulation
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 Rock Wool Demand Share Forecast, 2019-2026
10. Latin America Rock 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 Rock 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 Rock Wool Market Size and Volume Forecast by Application
10.4.1. Construction
10.4.2. Shipbuilding Industry
10.4.3. Agriculture
10.4.4. Chemical Industry
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Rock Wool Market Size and Volume Forecast by Type
10.7.1. Thermal Insulation
10.7.2. Thermal-Acoustic Insulation
10.7.3. Acoustic Insulation
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 Rock Wool Demand Share Forecast, 2019-2026
11. Europe Rock 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 Rock 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 Rock Wool Market Size and Volume Forecast by Application
11.4.1. Construction
11.4.2. Shipbuilding Industry
11.4.3. Agriculture
11.4.4. Chemical Industry
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Rock Wool Market Size and Volume Forecast by Type
11.7.1. Thermal Insulation
11.7.2. Thermal-Acoustic Insulation
11.7.3. Acoustic Insulation
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
11.10.. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Rock Wool Demand Share, 2019-2026
12. Asia Pacific Rock 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 Rock 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 Rock Wool Market Size and Volume Forecast by Application
12.4.1. Construction
12.4.2. Shipbuilding Industry
12.4.3. Agriculture
12.4.4. Chemical Industry
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Rock Wool Market Size and Volume Forecast by Type
12.7.1. Thermal Insulation
12.7.2. Thermal-Acoustic Insulation
12.7.3. Acoustic Insulation
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 Rock Wool Demand Share, 2019-2026
13. Middle East & Africa Rock 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 Rock 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 Rock Wool Market Size and Volume Forecast by Application
13.4.1. Construction
13.4.2. Shipbuilding Industry
13.4.3. Agriculture
13.4.4. Chemical Industry
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Rock Wool Market Size and Volume Forecast by Type
13.7.1. Thermal Insulation
13.7.2. Thermal-Acoustic Insulation
13.7.3. Acoustic Insulation
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 Rock Wool Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Rock Wool Market: Market Share Analysis
14.2. Rock Wool Distributors and Customers
14.3. Rock Wool Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Rockwool
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Amerrock
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Paroc Group
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Rockfon
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Roxul
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. NGP Industries
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. MRFL
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Knauf Insulation
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. McNeil
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Rock Wool Manufacturing Company
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Rockwool (India) Limited (RIL)
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Basf
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Ahmed Al Tazi
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Lawsons
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Saint Firstman
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. Shanghai ABM Rock Wool
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. Shanghai Fanfan New Building Materials
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. Tianjin Oriental Dragon Heating Equipment
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. Nanjing Tongtech Rockwool
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. Nanjing Hengxiang Insulation Mate rials
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
