Global Rock Wool
Market Report
2025
The Global Rock Wool market size is USD 13.2 billion in 2023 and will expand at a compound annual growth rate (CAGR) of 3.20% 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 Rock Wool market size is USD 13.2 billion in 2023 and will expand at a compound annual growth rate (CAGR) of 3.20% from 2023 to 2030.
2019 | 2024 | 2025 | 2032 | 2033 | CAGR | |
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Global Rock Wool Market Sales Revenue | 121212 | 121212 | 121212 | 121212 | 121212 | 3.2% |
North America Rock Wool Market Sales Revenue | 121212 | 121212 | 121212 | 121212 | 121212 | 3% |
Europe Rock Wool Market Sales Revenue | 121212 | 121212 | 121212 | 121212 | 121212 | 3.2% |
Asia Pacific Rock Wool Market Sales Revenue | 121212 | 121212 | 121212 | 121212 | 121212 | 6% |
South America Rock Wool Market Sales Revenue | 121212 | 121212 | 121212 | 121212 | 121212 | 4.2% |
Middle East and Africa Rock Wool Market Sales Revenue | 121212 | 121212 | 121212 | 121212 | 121212 | 4.4% |
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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Market Split by Product Form |
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Market Split by Manufacturing Process |
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Market Split by Density |
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List of Competitors |
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Regional Analysis |
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Country Analysis |
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Rock Wool Market is Segmented as below. Particular segment of your interest can be provided without any additional cost. Download the Sample Pages!
The growing need for sustainable and eco-friendly materials has been a major factor in the expansion of the rock wool industry. Concerns about environmental effects and the need for sustainable construction techniques have contributed to a rise in the demand for insulating materials. Additionally, rock wool insulation walls and composites are increasing in popularity due to their ability to keep buildings at a comfortable temperature, reduce noise, and improve occupant health and well-being. This is expected to fuel growth in the rock wool market over the next few years.
For instance, in January 2022, Knauf Insulation signed a contract to acquire a glass mineral wool factory in Central Romania. Thanks to the purchase, Knauf Insulation's solutions will be more accessible to consumers in the expanding markets of Romania, Eastern Europe, and the Commonwealth of Independent States.
The increasing prevalence of green construction techniques is a key driver because people are gaining improved awareness of the significance of sustainability and green construction techniques, and this has led to an increase in demand for insulating materials that are both functional and friendly to the environment. The environment may lead to an increase in the demand for rock wool, which is widely regarded as safe and environmentally friendly; rock wool is a green material option because of its mineral composition, which will affect the development of the rock wool market throughout the forecast period.
For instance, in June 2023, BASF will showcase a shoe component made with Elastopan polyurethane using cold-curing technology. According to Intertek's Life-Cycle Assessment of the shoe component, using cold-curing technology significantly reduced energy and greenhouse gas emissions associated with manufacturing.
Demand for rock wool is rising due to fast-growing cities and population growth, leading to increased buildings. In highly populated urban regions, effective insulation solutions are essential. Rock wool is in high demand as an insulator because of its widespread use in the industrial sector, particularly in the production and processing businesses, which will see increased demand in the coming years.
For instance, in August 2023, King Abdullah Economic City and Ahmad Al Tazi Rockwool Factory agreed to lease an extra 9,000 square meters in the Industrial Valley.
(Source: altazirockwool.com/)
Rock wool insulation's higher cost likely affects its demand. The upfront price may be prohibitive for energy-conscious consumers or construction projects, but the long-term energy savings may more than compensate. Lack of knowledge or comprehension regarding rock wool's advantages and uses among construction industry professionals and customers also restricts the market's growth over the projected time frame.
Due to lockdowns, there was a pause in new building and re-modeling projects during the pandemic due to uncertainties and economic difficulties. The impact of the incident was felt in both residential and commercial buildings, which decreased the market for rock wool insulation materials. As a result, the manufacture and supply of materials made of rock wool were impacted by the closure or reduction of production facilities. The rock wool industry impacted the pandemic's broader economic uncertainties and fluctuating customer confidence.
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Market leaders in rock wool are concentrating on expanding existing product lines and increasing revenue rather than looking for entirely new uses for their material. The market participants are concentrating on growth their rock wool production capabilities to meet the needs of various end-use industries. Many companies and stores provide functionally identical wares, strengthening competition in the rock wool sector.
(Source: www.paroc.com/about-paroc/news-and-media)
Top Companies Market Share in Rock Wool Industry: (In no particular order of Rank)
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According to Cognitive Market Research, Asia Pacific dominated the market in 2023 because of factors such as the automotive industry's expansion, increased demand from the building trades, and related developments. Mineral wool's use as a thermal and acoustic insulator in new homes and office buildings has increased its popularity. Additionally, government efforts to improve and build renewable energy standards will likely contribute to market growth during the forecast period.
Middle East and Africa is the fastest-growing category in the region because of an emphasis on green building principles and the reuse and recycling of resources. As the need for greener construction materials grows, the market for rock wool in the Middle East and Africa is expected to expand. Furthermore, the expanding number of preferences for aesthetically pleasing sports and accessories and the requirement for enhanced thermal and sound insulation in residential and commercial structures in the region all contribute to the need for better rock wool in the Middle East and Africa.
The current report Scope analyzes Rock Wool 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
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According to Cognitive Market Research, North America held a considerable market share in 2023, accounting for more than 38% of global revenue, and will expand with a CAGR of 3.00% from 2023 to 2030. The market for rock wool has increased due to the growing interest in eco-friendly and energy-saving building materials. This development is supported by governments and groups that advocate for environmentally friendly construction practices, driving the market growth in the region. According to Cognitive Market Research, the medium-density sector is a significant driver because medium-density rock wool insulation is strong and long-lasting, offering excellent thermal and acoustic performance over the long term. In conclusion, the North American rock wool market thrives due to a quick uptake of new technologies and ideas. As a result, the rock wool industry has responded by developing energy-saving building materials, continuously growing in the coming years.
According to Cognitive Market Research, the European held a considerable market share in 2023, accounting for more than 32% of global revenue, and will expand with a CAGR of 3.2% from 2023 to 2030 due to the emphasis on sustainable materials and construction methods. Demand for environmentally friendly construction materials is expected to drive growth in the European rock wool industry. According to Cognitive Market Research, blankets are a significant product form segment because their eco-friendliness stems from their use of renewable materials, and their adaptability and portability make them a breeze to set up. In conclusion, the European rock wool market, which covers emerging nations like Germany, France, Italy, Spain, Russia, and the rest of Europe, is anticipated to expand rapidly during the projected period.
According to Cognitive Market Research, Asia Pacific held a considerable market share in 2023, accounting for more than 23% of global revenue, and will expand with a CAGR of 6.00% from 2023 to 2030. Demand for rock wool in the Asia-Pacific region is anticipated to be major by the expansion of metropolitan areas and investments in infrastructure. According to Cognitive Market Research, it is predicted that the thermal insulation category will have the most rapid expansion in the Asia-Pacific area in the next years because it keeps surfaces warmer than the dew point. Insulation is useful for preventing condensation. The prevention of mold, corrosion, and structural damage due to excess moisture makes this a top priority. In conclusion, consumer awareness has increased in the Asia-Pacific region as the demand for eco-friendly rock wool material has expanded, and cities have grown in nations like China and India. This has contributed to the industry's growth over the forecast period.
According to Cognitive Market Research, Latin America held a considerable market share in 2023, accounting for more than 5.00% of global revenue, and will expand with a CAGR of 4.2% from 2023 to 2030. The strong Latin American construction sector is one factor driving the rock wool market, as well as government regulations and building norms concerning energy efficiency and safety in construction. According to Cognitive Market Research, the Latin American market is expected to increase in the following years because spinning improves the textile's strength and durability and makes it possible to produce yarn and textiles cheaply, even on a big scale. The procedure can be automated, boosting productivity and decreasing expenses associated with human work, improving overall market spinning category growth and contributing to the market growth in this region. In conclusion, the Latin American rock wool market exhibits steady growth because the companies that put money into R&D stand a better chance of staying ahead of the competition as manufacturing techniques and technologies improve healthy expansion over the coming years.
According to Cognitive Market Research, the Middle East and Africa held a considerable market share in 2023, accounting for more than 2.00% of global revenue, and will expand with a CAGR of 4.4% from 2023 to 2030. Increasing construction and industrial activity, as well as an emphasis on energy-efficient building solutions, have all contributed to the market's expansion. According to Cognitive Market Research, the construction segment has grown because it does not attract or serve as a food source for insects or rodents; rock wool is gaining popularity in the global market as an insulating material for building infrastructures. This helps keep construction longer and cleaner. Including a stylish appearance is a plus for selling more units. In conclusion, the MEA rock wool market exhibits growth potential due to increased modern technology and environmental consciousness in this region.
Global Rock Wool 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 Rock Wool Industry growth. Rock Wool market has been segmented with the help of its Type, Application Product Form, and others. Rock Wool 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, thermal insulation held the major market share over the forecast period because it helps keep a building's interior at a constant temperature, and utility expenditures can be reduced due to the building's increased efficiency, which fuels market growth.
Acoustic insulation is the fastest-growing category over the forecast period because it absorbs sound energy, stops it from bouncing around, lowers the overall noise level within a space, and increases privacy by blocking sound transfer across rooms.
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According to Cognitive Market Research, rock wool holds a prominent market share because it retains insulating characteristics and resists mould growth even when exposed to high humidity. The global rock wool market is expanding due to rising demand for insulating materials for construction infrastructure, which also helps boost the product's popularity.
The automobile industry is the fastest-growing category over the forecast period, as the insulation in the car keeps the interior at a comfortable temperature. Suppose the insulation is made from eco-friendly or recycled materials. In that case, it also fits in with the automotive industry's growing emphasis on sustainability and environmental responsibility by preventing heat from entering the cabin during hot weather and keeping the interior warm during colder conditions, contributing to the market's overall growth.
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According to Cognitive Market Research, blankets hold a prominent market share because their eco-friendliness stems partly from the fact that they are crafted from renewable resources. The blankets' malleability and portability also provide for a stress-free set-up. They are adaptable in various situations and can be shaped around barriers in partitions, ceilings, and floors.
The custom shape is the fastest-growing category over the forecast period. Cut to size is an excellent choice for retrofitting projects because of the variety of building designs and shapes already in existence.
According to Cognitive Market Research, spinning holds a prominent market share as the spinning category spinning helps make large-scale yarn and textile production more affordable, and it also improves the strength and durability of the finished textile product. Automation of the procedure allows for greater productivity with lower operational costs.
Air blown is the fastest-growing category over the forecast period, as the desire for the air-blown method is a fast and effective process that causes minimal interruption to the building's structure and its occupants, especially in places with unusual shapes or inaccessible spaces, contributing to the market's overall growth.
According to Cognitive Market Research, medium-density companies hold a prominent market share because medium-density rock wool is an excellent thermal insulator often used to keep structures at a comfortable temperature all year round. Its moderate density strikes a good balance between energy efficiency and overall weight.
High density is the fastest-growing category over the forecast period because high-density rock wool insulation purchased are boards, bats, and blankets. Due to its adaptability, construction projects can get tailored-made solutions that meet their unique needs, giving customers a wide range of options.
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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 Rock Wool Market is witnessing significant growth in the near future.
In 2023, the Thermal Insulation segment accounted for noticeable share of global Rock Wool Market and is projected to experience significant growth in the near future.
The Construction segment is expected to expand at the significant CAGR retaining position throughout the forecast period.
Some of the key companies Rockwool , Paroc Group 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.
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Type | Thermal Insulation, Thermal-Acoustic Insulation, Acoustic Insulation |
Application | Construction, Shipbuilding Industry, Agriculture, Chemical Industry, Automobile Industry, Aerospace & Defense, Mining & Metallurgy, Healthcare |
Product Form | Blanket, Board, Panel, Loose Fill, Preformed Pipe, Honeycomb, Custom Shape |
Manufacturing Process | Spinning, Air Blown, Steam Blown |
Density | Low Density, Medium Density, High Density |
List of Competitors | Rockwool, Amerrock, Paroc Group, Rockfon, Roxul, NGP Industries, MRFL, Knauf Insulation, McNeil, Rock Wool Manufacturing Company, Rockwool (India) Limited., Basf, Ahmed Al Tazi, Lawsons, Saint Firstman, Shanghai ABM Rock Wool, Shanghai Fanfan New Building Materials, Tianjin Oriental Dragon Heating Equipment, Nanjing Tongtech Rockwool, Nanjing Hengxiang Insulation Mate rials |
This chapter will help you gain GLOBAL Market Analysis of Rock Wool. Further deep in this chapter, you will be able to review Global Rock Wool 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 Rock Wool. Further deep in this chapter, you will be able to review North America Rock Wool Market Split by various segments and Country Split.
Chapter 2 North America Market Analysis
This chapter will help you gain Europe Market Analysis of Rock Wool. Further deep in this chapter, you will be able to review Europe Rock Wool Market Split by various segments and Country Split.
Chapter 3 Europe Market Analysis
This chapter will help you gain Asia Pacific Market Analysis of Rock Wool. Further deep in this chapter, you will be able to review Asia Pacific Rock Wool 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 Rock Wool. Further deep in this chapter, you will be able to review South America Rock Wool 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 Rock Wool. Further deep in this chapter, you will be able to review Middle East and Africa Rock Wool Market Split by various segments and Country Split.
Chapter 6 Middle East and Africa Market Analysis
Only Available with Corporate User License
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 Rock Wool. 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.
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
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Chapter 12 Market Split by Product Form Analysis 2021 - 2033
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Chapter 13 Market Split by Manufacturing Process Analysis 2021 - 2033
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Chapter 14 Market Split by Density Analysis 2021 - 2033
This chapter helps you understand the Key Takeaways and Analyst Point of View of the global Rock Wool market
Chapter 15 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 Thermal Insulation have a significant impact on Rock Wool market? |
What are the key factors affecting the Thermal Insulation and Thermal-Acoustic Insulation of Rock Wool Market? |
What is the CAGR/Growth Rate of Construction during the forecast period? |
By type, which segment accounted for largest share of the global Rock Wool Market? |
Which region is expected to dominate the global Rock Wool Market within the forecast period? |
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