Mineral Wool Market is segmented By Product (Mineral Wool Boards, Mineral Wool Blankets, Mineral Wool Rolls, Mineral Wool Loose Fills), By Application....
Market Size in USD Bn
CAGR4.92%
Study Period | 2024 - 2031 |
Base Year of Estimation | 2023 |
CAGR | 4.92% |
Market Concentration | High |
Major Players | Rockwool International A/S, Knauf Insulation, Owens Corning, Johns Manville, Saint-Gobain and Among Others |
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.