Mineral Wool Market SIZE AND SHARE ANALYSIS - GROWTH TRENDS AND FORECASTS (2024 - 2031)

Mineral Wool Market is segmented By Product (Mineral Wool Boards, Mineral Wool Blankets, Mineral Wool Rolls, Mineral Wool Loose Fills), By Application....

Mineral Wool Market Size

Market Size in USD Bn

CAGR4.92%

Study Period2024 - 2031
Base Year of Estimation2023
CAGR4.92%
Market ConcentrationHigh
Major PlayersRockwool International A/S, Knauf Insulation, Owens Corning, Johns Manville, Saint-Gobain and Among Others
*Disclaimer: Major players are listed in no particular order.
*Source: Coherent Market Insights
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Mineral Wool Market Analysis

The mineral wool market is estimated to be valued at USD 15.32 Bn in 2024 and is expected to reach USD 21.44 Bn by 2031. It is projected to grow at a compound annual growth rate (CAGR) of 4.92% from 2024 to 2031. The rising construction activities across both commercial and residential sectors along with renovation and modernization projects of old buildings will drive the mineral wool market.