Global Glass Wool Composite Panel
Market Report
2025
The Global Glass Wool Composite Panel market size will grow at a compound annual growth rate (CAGR) of 5.90% from 2023 to 2030.
The base year for the calculation is 2024. The historical will be 2021 to 2024. The year 2025 will be estimated one while the forecasted data will be from year 2025 to 2033. When we deliver the report that time we updated report data till the purchase date.
PDF Access: Password protected PDF file, Excel File Access: Quantitative data, PPT Report Access: For the presentation purpose, Cloud Access: Secure Company Account Access.
Share your contact details to receive free updated sample copy/pages of the recently published edition of Glass Wool Composite Panel Market Report 2025.
According to Cognitive Market Research, The Global Glass Wool Composite Panel market size will grow at a compound annual growth rate (CAGR) of 5.90% from 2023 to 2030.
2021 | 2025 | 2033 | CAGR | |
---|---|---|---|---|
Global Glass Wool Composite Panel Market Sales Revenue | 121212 | 121212 | 121212 | 5.9% |
Base Year | 2024 |
Historical Data Time Period | 2021-2024 |
Forecast Period | 2025-2033 |
Market Split by Type |
|
Market Split by Application |
|
List of Competitors |
|
Regional Analysis |
|
Country Analysis |
|
Report scope is customizable as we have a huge database of Glass Wool Composite Panel industry. We can deliver an exclusive report Edition/Consultation as per your data requirements. Request for your Free Sample Pages.
Glass Wool Composite Panel Market is Segmented as below. Particular segment of your interest can be provided without any additional cost. Download the Sample Pages!
Glass wool panels are exceptional fire-resistant panels that serve a wide range of construction purposes. These panels are crafted from non-combustible glass fibers that effectively halt the spread of fire. With the rising number of urban dwellers and the consequent demand for residential and commercial structures, the need for efficient building materials such as sandwich panels is also on the rise. This surge in demand has consequently contributed to the growth of the market.
These developments empower businesses to offer better-tailored solutions and services, which, in turn, contribute to the growth of the glass wool composite panel industry.
For instance, ArcelorMittal and I-FEVS have initiated a partnership with the objective of creating groundbreaking steel solutions for e-mobility applications that are safe, lightweight, sustainable, and affordable. The innovative solutions from I-FEVS will be built upon ArcelorMittal's well-established advanced high-strength steels (AHSS), which have already gained significant traction in the field of mobility applications.
(Source:automotive.arcelormittal.com/news_and_stories/news/2023_I-FEVS)
The increasing demand for energy-efficient building solutions. As global awareness of climate change and sustainability grows, there is a growing emphasis on constructing environmentally friendly and energy-efficient buildings. Glass wool composite panels offer exceptional thermal insulation properties, helping to reduce heating & cooling costs in both residential structures and commercial structures. Additionally, they contribute to a reduction in greenhouse gas emissions by lowering energy consumption.
TATA Steel has been developing sandwich panels that have advanced acoustic insulation properties. These panels aim to enhance indoor comfort by minimizing noise levels within buildings.
(Source:www.tatasteeleurope.com/sites/default/files/Colorcoat_Acoustic_TechPaper_FINAL.pdf)
As governments worldwide implement stricter energy efficiency regulations and offer incentives for green building practices, the adoption of glass wool composite panels is expected to surge. This driver aligns with the industry's goal of providing construction materials that not only enhance comfort but also reduce the carbon footprint of buildings, making it a pivotal factor for market growth.
The burgeoning construction activities in emerging markets. Countries in Asia-Pacific, the Middle East, and Latin America are experiencing rapid urbanization and industrialization, leading to a surge in construction projects. Glass wool composite panels are preferred in these regions due to their lightweight, cost-effective, and superior insulation properties. The construction of residential complexes, commercial buildings, and infrastructure projects is on the rise, driving the demand for these panels. Additionally, urbanization and the need for modern, energy-efficient buildings are boosting the adoption of glass wool composite panels in emerging economies.
The challenges associated with meeting stringent fire safety standards. While Glass wool composite panels offer excellent thermal insulation, their fire resistance properties may not always meet the requirements for certain applications, especially in high-rise buildings or areas with strict fire safety regulations. This limitation poses a hurdle for their adoption in critical structures, such as hospitals, airports, and residential buildings where fire safety is paramount. Manufacturers and users need to invest in additional fireproofing measures or opt for alternative materials, which can increase the overall project costs and complexity.
The COVID-19 pandemic had a substantial impact on the Glass Wool Composite Panel Market. During the initial phases of the pandemic, the construction industry, which is a key consumer of glass wool composite panels, experienced disruptions in the form of project delays, supply chain interruptions, and labor shortages due to lockdowns and safety measures. This resulted in a slowdown in construction activities, especially in the residential and commercial sectors, leading to reduced demand for glass wool composite panels. However, as the construction industry gradually adapted to new safety protocols and resumed operations, there was a resurgence in demand for these panels, driven by the need for energy-efficient and sustainable building materials.
We have various report editions of Glass Wool Composite Panel Market, hence please contact our sales team and author directly to obtain/purchase a desired Edition eg, Global Edition, Regional Edition, Country Specific Report Edition, Company Profiles, Forecast Edition, etc. Request for your Free Sample PDF/Online Access.
These key players engage in strategies such as product innovation, strategic partnerships, mergers and acquisitions, and geographic expansion to maintain their competitive positions in the Glass Wool Composite Panel Market. Additionally, the market is witnessing a growing number of regional and local manufacturers, adding further diversity and competition to the landscape.
August 2020: Owens Corning has introduced a cutting-edge selection of products called Foamular NGX. These new foam products, made from Extruded Polystyrene (XPS), aim to deliver outstanding performance while greatly minimizing their contribution to global warming. With an impressive 90% decrease in Warming Potential (GWP), Foamular NGX showcases Owens Corning's dedication to sustainability without sacrificing product excellence and efficacy.
February 2018: Owens Corning has completed the acquisition of Paroc Group, a well-known Finnish company that specializes in manufacturing mineral wool insulation for various building and technical applications throughout Europe. This strategic decision by Owens Corning has enabled them to broaden their range of products and strengthen their market presence in different geographic areas. The inclusion of Paroc Group in its portfolio has not only provided Owens Corning with increased diversification but also bolstered its position in the industry.
Top Companies Market Share in Glass Wool Composite Panel Industry: (In no particular order of Rank)
If any Company(ies) of your interest has/have not been disclosed in the above list then please let us know the same so that we will check the data availability in our database and provide you the confirmation or include it in the final deliverables.
According to Cognitive Market Research, North America stands out as the dominant region in the Glass Wool Composite Panel Market due to a combination of factors that have positioned the region at the forefront of the industry. The robust growth of the construction and building sector in North America, driven by urbanization, infrastructure development, and a growing focus on sustainable and energy-efficient building practices, has substantially fueled the demand for glass wool composite panels. Within North America, the United States (USA) emerges as the dominant country in the Glass Wool Composite Panel Market. This dominance can be attributed to several key factors. Firstly, the USA boasts one of the largest construction industries globally, with a continuous demand for innovative and efficient building materials. Secondly, the country's focus on green building practices and LEED (Leadership in Energy and Environmental Design) certification has driven the adoption of energy-efficient insulation materials like glass wool composite panels.
The Asia-Pacific region is experiencing unprecedented growth in the Glass Wool Composite Panel Market due to several compelling reasons. Foremost among these is the remarkable pace of urbanization and industrialization in many countries across the region. As nations like China, India, and Southeast Asian countries undergo rapid urban development, there's an increased demand for construction materials, particularly those that offer superior thermal and acoustic insulation properties like glass wool composite panels. Moreover, the awareness of energy efficiency and sustainability in building practices has surged in the Asia-Pacific region, driven by environmental concerns and government initiatives promoting green building standards.
The current report Scope analyzes Glass Wool Composite Panel Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com
The above graph is for illustrative purposes only.
To learn more about geographical trends request the free sample pages.
Get Free Sample
Global Glass Wool Composite Panel Market Report 2025 Edition talks about crucial market insights with the help of segments and sub-segments analysis. In this section, we reveal an in-depth analysis of the key factors influencing Glass Wool Composite Panel Industry growth. Glass Wool Composite Panel market has been segmented with the help of its Type, Application , and others. Glass Wool Composite Panel market analysis helps to understand key industry segments, and their global, regional, and country-level insights. Furthermore, this analysis also provides information pertaining to segments that are going to be most lucrative in the near future and their expected growth rate and future market opportunities. The report also provides detailed insights into factors responsible for the positive or negative growth of each industry segment.
According to Cognitive Market Research, The dominant category is the 100mm panels. These panels have gained dominance due to their versatile and balanced insulation properties. They strike a crucial balance between thermal insulation efficiency and cost-effectiveness, making them suitable for various applications in residential and commercial construction. The 100mm thickness offers a reasonable level of thermal resistance, which is effective in maintaining indoor temperatures while also being cost-competitive. This thickness is commonly used in various building envelopes, such as walls and roofs, where the insulation requirements are moderate to high.
The fastest-growing category in the glass wool composite panel market is the 150mm panels. This growth can be attributed to the increasing emphasis on energy efficiency and sustainability in modern construction practices. The 150mm thickness offers enhanced thermal insulation, making it particularly suitable for applications where superior energy efficiency is required, such as in green buildings, passive houses, and cold climate regions. These panels excel in providing a high level of thermal resistance, reducing heat transfer, and ensuring indoor comfort throughout the year.
The above Chart is for representative purposes and does not depict actual sale statistics. Access/Request the quantitative data to understand the trends and dominating segment of Glass Wool Composite Panel Industry. Request a Free Sample PDF!
Building applications dominate the landscape. Glass wool composite panels find extensive use in the construction industry, particularly in buildings, due to their excellent thermal and acoustic insulation properties. These panels are commonly employed in various building elements, including walls, roofs, and floors, to enhance energy efficiency, comfort, and soundproofing. The ongoing global emphasis on energy-efficient and sustainable construction practices drives the dominance of building applications. Regulations and standards promoting energy-efficient buildings have accelerated the adoption of glass wool composite panels in both residential and commercial construction projects.
According to Cognitive Market Research, the fastest-growing category in the Glass Wool Composite Panel Market is shipbuilding applications. Glass wool composite panels are increasingly being utilized in ship construction for their lightweight and fire-resistant properties. These panels help reduce the overall weight of the vessel while providing excellent thermal and acoustic insulation. As the maritime industry seeks to improve fuel efficiency and safety standards, the demand for advanced materials like glass wool composite panels in shipbuilding has surged. Additionally, stringent regulations regarding fire safety in ships have prompted shipbuilders to opt for fire-resistant materials like glass wool composite panels.
The above Graph is for representation purposes only. This chart does not depict actual Market share.
To learn more about market share request the free sample pages.
Get Free Sample
Research Analyst at Cognitive Market Research
Enthusiastic and analytical market research professional with 2 years of hands-on experience in tracking market trends, evaluating consumer behavior, and supporting strategic decision-making. Proficient in designing surveys, conducting interviews, and synthesizing insights from both primary and secondary sources. Successfully contributed to research projects across sectors such as retail, personal care, and industrial markets. Brings a keen eye for detail, strong data interpretation skills, and a passion for uncovering what drives markets forward. Comfortable working in fast-paced environments and collaborating across departments to deliver clear, actionable findings.
Ashwini Moharir is a market research professional with over 2 years of hands-on experience in delivering strategic insights and data-driven analysis across the healthcare and food & beverage sectors. She specializes in gathering and interpreting market data to support business decisions, product development, and competitive positioning.
With a foundation in teaching and research & development, Ashwini brings a well-rounded perspective that enhances her approach to market analysis. Her ability to combine academic rigor with practical industry knowledge allows her to uncover deeper insights and provide actionable recommendation.
Our study will explain complete manufacturing process along with major raw materials required to manufacture end-product. This report helps to make effective decisions determining product position and will assist you to understand opportunities and threats around the globe.
The Global Glass Wool Composite Panel Market is witnessing significant growth in the near future.
In 2023, the 50mm segment accounted for noticeable share of global Glass Wool Composite Panel Market and is projected to experience significant growth in the near future.
The Ship segment is expected to expand at the significant CAGR retaining position throughout the forecast period.
Some of the key companies Wiskind , EPACK and others are focusing on its strategy building model to strengthen its product portfolio and expand its business in the global market.
Please note, we have not disclose, all the sources consulted/referred during a market study due to confidentiality and paid service concern. However, rest assured that upon purchasing the service or paid report version, we will release the comprehensive list of sources along with the complete report and we also provide the data support where you can intract with the team of analysts who worked on the report.
Disclaimer:
Type | 50mm, 75mm, 100mm, 120mm, 150mm |
Application | Ship, Building, Others |
List of Competitors | Wiskind , Byucksan , EPACK , Kingting , Hangzhou Guanqiong (Kinzip), Panel Tech , Tianfon Assembly Group , Shijiazhuang Sanhe Steel Structure, K Industrial |
This chapter will help you gain GLOBAL Market Analysis of Glass Wool Composite Panel. Further deep in this chapter, you will be able to review Global Glass Wool Composite Panel Market Split by various segments and Geographical Split.
Chapter 1 Global Market Analysis
Global Market has been segmented on the basis 5 major regions such as North America, Europe, Asia-Pacific, Middle East & Africa, and Latin America.
You can purchase only the Executive Summary of Global Market (2019 vs 2024 vs 2031)
Global Market Dynamics, Trends, Drivers, Restraints, Opportunities, Only Pointers will be deliverable
This chapter will help you gain North America Market Analysis of Glass Wool Composite Panel. Further deep in this chapter, you will be able to review North America Glass Wool Composite Panel Market Split by various segments and Country Split.
Chapter 2 North America Market Analysis
This chapter will help you gain Europe Market Analysis of Glass Wool Composite Panel. Further deep in this chapter, you will be able to review Europe Glass Wool Composite Panel Market Split by various segments and Country Split.
Chapter 3 Europe Market Analysis
This chapter will help you gain Asia Pacific Market Analysis of Glass Wool Composite Panel. Further deep in this chapter, you will be able to review Asia Pacific Glass Wool Composite Panel Market Split by various segments and Country Split.
Chapter 4 Asia Pacific Market Analysis
This chapter will help you gain South America Market Analysis of Glass Wool Composite Panel. Further deep in this chapter, you will be able to review South America Glass Wool Composite Panel Market Split by various segments and Country Split.
Chapter 5 South America Market Analysis
This chapter will help you gain Middle East Market Analysis of Glass Wool Composite Panel. Further deep in this chapter, you will be able to review Middle East Glass Wool Composite Panel Market Split by various segments and Country Split.
Chapter 6 Middle East Market Analysis
This chapter will help you gain Middle East Market Analysis of Glass Wool Composite Panel. Further deep in this chapter, you will be able to review Middle East Glass Wool Composite Panel Market Split by various segments and Country Split.
Chapter 7 Africa Market Analysis
This chapter provides an in-depth analysis of the market share among key competitors of Glass Wool Composite Panel. The analysis highlights each competitor's position in the market, growth trends, and financial performance, offering insights into competitive dynamics, and emerging players.
Chapter 8 Competitor Analysis (Subject to Data Availability (Private Players))
(Subject to Data Availability (Private Players))
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
This chapter would comprehensively cover market drivers, trends, restraints, opportunities, and various in-depth analyses like industrial chain, PESTEL, Porter’s Five Forces, and ESG, among others. It would also include product life cycle, technological advancements, and patent insights.
Chapter 9 Qualitative Analysis (Subject to Data Availability)
Segmentation Type Analysis 2019 -2031, will provide market size split by Type. This Information is provided at Global Level, Regional Level and Top Countries Level The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 10 Market Split by Type Analysis 2021 - 2033
The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 11 Market Split by Application Analysis 2021 - 2033
This chapter helps you understand the Key Takeaways and Analyst Point of View of the global Glass Wool Composite Panel market
Chapter 12 Research Findings
Here the analyst will summarize the content of entire report and will share his view point on the current industry scenario and how the market is expected to perform in the near future. The points shared by the analyst are based on his/her detailed in-depth understanding of the market during the course of this report study. You will be provided exclusive rights to interact with the concerned analyst for unlimited time pre purchase as well as post purchase of the report.
Chapter 13 Research Methodology and Sources
Why 50mm have a significant impact on Glass Wool Composite Panel market? |
What are the key factors affecting the 50mm and 75mm of Glass Wool Composite Panel Market? |
What is the CAGR/Growth Rate of Ship during the forecast period? |
By type, which segment accounted for largest share of the global Glass Wool Composite Panel Market? |
Which region is expected to dominate the global Glass Wool Composite Panel Market within the forecast period? |
Segmentation Level Customization |
|
Global level Data Customization |
|
Region level Data Customization |
|
Country level Data Customization |
|
Company Level |
|
Additional Data Analysis |
|
Additional Qualitative Data |
|
Additional Quantitative Data |
|
Service Level Customization |
|
Report Format Alteration |
|