DUBLIN--(BUSINESS WIRE )--The "Global Mineral Wool Market 2022-2025 - Insulation & Other Applications" report has been added to ResearchAndMarkets.com's offering.

Global demand for mineral wool insulation is forecast to increase 3.8% per year to 10.0 million metric tons valued at $11.0 billion in 2025.

Demand for mineral wool used in other applications - including ceiling tiles and such small volume applications as water filtration - is forecast to increase 4.9% per year to $2.4 billion.

Going forward, growth in the global mineral wool market will be driven by:

China & India Drive Global Mineral Wool Insulation Gains

China and India will account for 40% of mineral wool insulation gains globally through 2025, driven by robust expansions of their nonresidential building stocks. In addition, India will see rapid growth in residential building construction from a low base, as the pandemic suppressed construction in 2020. Demand in both countries will also be bolstered by an increasing desire for acoustic insulation to reduce noise transmission in buildings.

The rest of the Asia/Pacific region will account for an additional 15% of global gains, supported by:

Ceiling Tiles, Water Filtration, & Hydroponics Are Key Non-Insulation Uses for Mineral Wool

While insulation accounts for the vast majority of mineral wool use, ceiling tiles, water filtration, and hydroponics offer opportunities for mineral wool suppliers:

For more information about this report visit https://www.researchandmarkets.com/r/xb6qhn

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ResearchAndMarkets.com Laura Wood, Senior Press Manager press@researchandmarkets.com For E.S.T Office Hours Call 1-917-300-0470 For U.S./CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900