Global Glass Wool Insulation Material Sales
Market Report
2025
The Global Glass Wool Insulation Material Sales market size will grow at a compound annual growth rate (CAGR) of 5.20% from 2023 to 2030.
The base year for the calculation is 2024 and 2021 to 2024 will be historical period. 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.
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According to Cognitive Market Research, The Global Glass Wool Insulation Material Sales market size will grow at a compound annual growth rate (CAGR) of 5.20% from 2023 to 2030.
2019 | 2024 | 2025 | 2032 | 2033 | CAGR | |
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Global Glass Wool Insulation Material Sales Market Sales Revenue | 121212 | 121212 | 121212 | 121212 | 121212 | 5.2% |
Base Year | 2024 |
Historical Data Time Period | 2021-2024 |
Forecast Period | 2025-2033 |
Market Split by Type |
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Market Split by Application |
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List of Competitors |
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Regional Analysis |
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Country Analysis |
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Report scope is customizable as we have a huge database of Glass Wool Insulation Material Sales industry. We can deliver an exclusive report Edition/Consultation as per your data requirements. Request for your Free Sample Pages.
Glass Wool Insulation Material Sales Market is Segmented as below. Particular segment of your interest can be provided without any additional cost. Download the Sample Pages!
Glass wool, a versatile insulation material comprised of fine glass fibers, finds widespread usage in thermal and acoustic insulation across various domains, including buildings, industries, and automotive manufacturing. It is created by melting glass and subsequently spinning it into fibers, which are further processed into various forms tailored for specific applications. The glass wool market is experiencing consistent growth owing to the rising need for thermal and acoustic insulation solutions across multiple industries. Commonly referred to as fiberglass insulation, glass wool is manufactured from molten glass that is spun into fibers and subsequently transformed into mats, blankets, or boards.
These developments empower businesses to offer better-tailored solutions and services, which, in turn, contribute to the growth of the glass wool insulation material sales industry.
For instance, Saint-Gobain and Dalsan received the required approval from competition authorities in February 2023 to combine their operations in the Turkish market for plaster and plasterboard.
(Source:www.saint-gobain.com/sites/saint-gobain.com/files/media/document/20230316_Dalsan%20closing_VA.pdf)
The increasing demand for energy-efficient construction practices. As sustainability and energy efficiency become paramount in the construction industry, glass wool insulation materials have gained prominence as an essential component for achieving these goals. Glass wool insulation effectively reduces heat transfer, minimizes energy consumption for heating and cooling, and enhances indoor thermal comfort.
In February 2023, Saint-Gobain announced its definitive agreement to purchase U.P. Twiga Fiberglass Ltd. (UP Twiga), the leading company in the Indian glass wool insulation market.
(Source:www.saint-gobain.com/sites/saint-gobain.com/files/media/document/20230222_Twiga_VA.pdf)
The growing awareness of climate change and the need to reduce greenhouse gas emissions have prompted governments and organizations worldwide to enforce stringent building codes and standards that mandate the use of energy-efficient materials like glass wool insulation. As a result, construction projects, both residential and commercial, are increasingly adopting glass wool insulation to comply with these regulations and achieve lower energy bills.
The increasing focus on renovation and retrofit activities in existing buildings. With a vast number of buildings worldwide lacking proper insulation, there is a growing emphasis on upgrading insulation in older structures to improve energy efficiency and comfort and reduce carbon footprints. Glass wool insulation materials are well-suited for retrofit projects due to their versatility, ease of installation, and cost-effectiveness. As governments and property owners seek to enhance the energy performance of existing buildings, the demand for glass wool insulation materials has surged. Retrofitting offers an environmentally friendly and economical approach to reducing energy consumption, making glass wool insulation an attractive choice.
The glass wool insulation material sales market is associated with environmental concerns and health risks. Glass wool insulation materials are made from recycled glass and silica sand, and the manufacturing process involves high-temperature melting and fiberizing of the glass. This process requires a significant amount of energy, leading to concerns about the carbon footprint and environmental impact of glass wool production. Additionally, during installation and over time, glass wool insulation can release tiny airborne fibers that may pose health risks when inhaled. Prolonged exposure to these fibers can potentially lead to respiratory issues, such as irritation and lung disease, making safety a critical concern.
The COVID-19 pandemic had a significant impact on the Glass Wool Insulation Material Sales Market. During the early phases of the pandemic, construction projects were temporarily halted or delayed due to lockdowns and disruptions in the supply chain. This led to a slowdown in demand for glass wool insulation materials in the construction sector, impacting sales and revenue for manufacturers and suppliers. However, as the pandemic continued, there was a growing awareness of the importance of energy-efficient and well-insulated buildings to support health and comfort. This led to a resurgence in demand for insulation materials.
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The market for sales of glass wool insulation material is experiencing intense competition as companies seek to maintain a competitive edge by prioritizing innovation, sustainability, and global growth, all while adhering to ever-changing industry regulations. In order to stand out, companies in this market are continuously working to enhance their products and manufacturing methods. Moreover, they are dedicating resources to research and development in order to develop environmentally friendly insulation solutions that meet the increasing demand for sustainable building materials.
February 2022: Kingspan Group has successfully acquired THU PERFIL SL, a Valencian company that specializes in manufacturing metal ceiling profiles. With decades of experience in producing ceilings, roofing, drywall, and partition profiles, THU adds valuable expertise to Kingspan's portfolio.
(Source:www.kingspangroup.com/en/news-insights/kingspan-acquires-spanish-roofing-and-ceiling-specialist-thu/)
March 2022: Knauf Insulation has recently inaugurated a state-of-the-art recycling facility in Vise, Belgium. This new facility, which required an investment of USD 12.5 million, specializes in recycling Glass Mineral Wool thermal insulation. It aims to provide an innovative recycling service dedicated to the construction and deconstruction industry.
Top Companies Market Share in Glass Wool Insulation Material Sales 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 dominates the Glass Wool Insulation Material Sales Market due to several key factors. Firstly, the region experiences diverse climatic conditions, ranging from extremely cold winters to hot summers, which necessitates effective insulation solutions in both residential and commercial buildings. Glass wool insulation, known for its superior thermal properties, is highly sought after to regulate indoor temperatures, reduce energy consumption, and ensure year-round comfort. Within North America, the United States (USA) emerges as the dominant country in the Glass Wool Insulation Material Sales Market. This dominance can be attributed to its vast construction industry, which continually seeks efficient and eco-friendly insulation solutions. The USA's strong economy fuels construction projects, ranging from residential housing to commercial complexes, all of which require insulation materials to meet energy codes and reduce energy costs.
Asia-Pacific has emerged as the fastest-growing region in the Glass Wool Insulation Material Sales Market for several compelling reasons. The region is witnessing a rapid urbanization and industrialization trend, leading to a surge in construction activities across residential, commercial, and industrial sectors. As populations grow and cities expand, there is a heightened demand for well-insulated buildings to ensure energy efficiency and occupant comfort. Glass wool insulation materials, known for their thermal and acoustic properties, are well-suited to meet these requirements. Moreover, the rising awareness among consumers and builders about the long-term cost savings associated with energy-efficient insulation materials has led to a surge in demand for glass wool in the Asia-Pacific market.
The current report Scope analyzes Glass Wool Insulation Material Sales 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.
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Global Glass Wool Insulation Material Sales Market Report 2024 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 Insulation Material Sales Industry growth. Glass Wool Insulation Material Sales market has been segmented with the help of its Type, Application , and others. Glass Wool Insulation Material Sales 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 glass wool blanket. This dominance can be attributed to the versatility and widespread use of glass wool blankets in various insulation applications. Glass wool blankets are flexible, lightweight, and easy to handle, making them ideal for both residential and commercial insulation projects. The demand for glass wool blankets is high in construction and building projects due to their excellent thermal and sound insulation properties.
The fastest-growing category in the glass wool insulation material sales market is the glass wool board. This growth is due to the rising adoption of glass wool boards in various industrial and commercial applications. Glass wool boards are rigid insulation materials known for their high thermal resistance and fire-resistant properties. They are used in applications where structural support and rigidity are required, such as HVAC duct insulation, equipment enclosures, and industrial insulation projects. The demand for glass wool boards is on the rise due to their exceptional insulation performance, especially in environments with higher temperature variations.
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 Insulation Material Sales Industry. Request a Free Sample PDF!
The dominant category is indoor insulation. This dominance is primarily due to the extensive use of glass wool insulation materials in indoor applications, such as residential and commercial buildings. Glass wool insulation is favored for indoor insulation because of its excellent thermal and acoustic properties. It effectively regulates indoor temperature, keeping spaces warm in the winter and cool in the summer, thus contributing to energy efficiency. Moreover, its sound-absorbing capabilities make it an ideal choice for reducing noise pollution in indoor environments, enhancing comfort, and improving overall indoor air quality.
According to Cognitive Market Research, the fastest-growing category is exterior insulation. The increasing emphasis on energy-efficient building practices and sustainability in construction drives this growth. Exterior insulation, also known as external thermal insulation or ETICS, involves insulating the exterior walls of buildings. Glass wool insulation materials are gaining popularity for this application due to their thermal performance and ability to create a continuous thermal barrier around a building.
The above Graph is for representation purposes only. This chart does not depict actual Market share.
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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 Insulation Material Sales Market is witnessing significant growth in the near future.
In 2023, the Glass Wool Board segment accounted for noticeable share of global Glass Wool Insulation Material Sales Market and is projected to experience significant growth in the near future.
The Exterior Insulation segment is expected to expand at the significant CAGR retaining position throughout the forecast period.
Some of the key companies Owens Corning , Knauf 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 | Glass Wool Board, Glass Wool Unbonded Blanket, Glass Wool Blanket, Others |
Application | Exterior Insulation, Indoor Insulation, Pipe Insulation, Others |
List of Competitors | Owens Corning, Johns Manville, Knauf, Atlas Roofing, Saint-Gobain, PPG Industries, DBW Advanced Fiber Technologies, Alghanim Industries, Bradford Insulation Industries Ltd, Chez Knauf Insulation SPRL, Compagnie de Saint-Gobain, Owens Corning, URSA Insulation SA, Fibertec, Inc., Fibertek Insulation LLC, Knauf Insulation |
This chapter will help you gain GLOBAL Market Analysis of Glass Wool Insulation Material Sales. Further deep in this chapter, you will be able to review Global Glass Wool Insulation Material Sales 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 Insulation Material Sales. Further deep in this chapter, you will be able to review North America Glass Wool Insulation Material Sales 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 Insulation Material Sales. Further deep in this chapter, you will be able to review Europe Glass Wool Insulation Material Sales 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 Insulation Material Sales. Further deep in this chapter, you will be able to review Asia Pacific Glass Wool Insulation Material Sales 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 Insulation Material Sales. Further deep in this chapter, you will be able to review South America Glass Wool Insulation Material Sales Market Split by various segments and Country Split.
Chapter 5 South America Market Analysis
This chapter will help you gain Middle East and Africa Market Analysis of Glass Wool Insulation Material Sales. Further deep in this chapter, you will be able to review Middle East and Africa Glass Wool Insulation Material Sales Market Split by various segments and Country Split.
Chapter 6 Middle East and Africa Market Analysis
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Chapter 7 Top 10 Countries Analysis (Only Available with Corporate User License)
This chapter provides an in-depth analysis of the market share among key competitors of Glass Wool Insulation Material Sales. 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.
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
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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 Insulation Material Sales 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.
Why Glass Wool Board have a significant impact on Glass Wool Insulation Material Sales market? |
What are the key factors affecting the Glass Wool Board and Glass Wool Unbonded Blanket of Glass Wool Insulation Material Sales Market? |
What is the CAGR/Growth Rate of Exterior Insulation during the forecast period? |
By type, which segment accounted for largest share of the global Glass Wool Insulation Material Sales Market? |
Which region is expected to dominate the global Glass Wool Insulation Material Sales Market within the forecast period? |
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Additional Qualitative Data |
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