DUBLIN--(BUSINESS WIRE )--The "Mineral Wool Insulation Market: Trends, Opportunities and Competitive Analysis" report has been added to ResearchAndMarkets.com's offering.
The global mineral wool insulation market is expected to reach an estimated $31.4 billion by 2027 with a CAGR of 5.4% from 2021 to 2027.
The future of the mineral wool insulation market looks promising with opportunities in the residential & non-residential construction, industrial, HVAC, and appliance markets. The major drivers for this market are increasing construction activities and stringent government regulations and building codes globally for energy efficiency & fire safety.
Emerging trends, which have a direct impact on the dynamics of the industry, include the shift towards eco-friendly green insulation, growing focus on glass wool insulation recycling, and the development of lightweight & high fire resistant insulation.
The analyst forecasts that glass wool will remain the largest material type segment, and it is also expected to witness the highest growth over the forecast period due to low cost, ease of raw material availability, and compliance with numerous building standards.
Residential construction will remain the largest end use industry, and it is also expected to witness the highest growth over the forecast period due to the growth in new home construction and renovation activities.
Europe is expected to remain the largest market by value and volume due to stringent fire safety and energy efficiency standards. APAC is expected to witness the highest growth over the forecast period, supported by an increase in construction activities and the growing awareness about low energy consumption and environmental concerns, specifically in China and India.
Some of the mineral wool companies profiled in this report include Rockwool, Saint-Gobain, Owens Corning, Knauf Insulation, Johns Manville, and KCC Corporation-- they are among the major manufactures of mineral wool insulation.
Features of the Mineral Wool Insulation Market
3. Market Trends and Forecast Analysis from 2016 to 2027
3.2: Global Mineral Wool Insulation Market Trends and Forecast
3.3: Global Mineral Wool Insulation Market by Material Type
3.4: Global Mineral Wool Insulation Market by End Use Industry
3.5: Global Mineral Wool Insulation Market by Product Type
4. Market Trends and Forecast Analysis by Region
4.1: Global Mineral Wool Insulation Market by Region
4.2: North American Mineral Wool Insulation Market
4.2.1: Market by Material Type: Glass Wool and Stone Wool
4.2.2: Market by End Use Industry: Residential Construction, Non-Residential Construction, Industrial and HVAC, and Appliances and Others
4.2.3: The United States Mineral Wool Insulation Market
4.2.4: Canadian Mineral Wool Insulation Market
4.2.5: Mexican Mineral Wool Insulation Market
4.3: European Mineral Wool Insulation Market
4.4: APAC Mineral Wool Insulation Market
4.5: ROW Mineral Wool Insulation Market
6. Growth Opportunities and Strategic Analysis
6.1.1: Growth Opportunities for the Global Mineral Wool Insulation Market by Product Type
6.1.2: Growth Opportunities for the Global Mineral Wool Insulation Market by End Use Industry
6.1.3: Growth Opportunities for the Global Mineral Wool Insulation Market by Region
6.2: Emerging Trends of the Global Mineral Wool Insulation Market
6.3.2: Capacity Expansion of the Global Mineral Wool Insulation Market
6.3.3: Mergers, Acquisitions, and Joint Ventures in the Global Mineral Wool Insulation Market
7. Company Profiles of Leading Players
For more information about this report visit https://www.researchandmarkets.com/r/adzrk
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
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