U.S. Dominates the Global Mineral Wool Market


Posted December 9, 2019 by Chemical-Research-Expert

The mineral wool market is projected to register a CAGR of 7.0% (between 2014 & 2019) with market size estimated at $12.0 billion by 2019.

 
The Mineral Wool Market size in terms of value is projected to reach $12 billion by 2019, at an approximate CAGR of 7.0% between 2014 and 2019.

Browse 82 market data tables and 53 figures spread through 131 pages and in-depth TOC on “Mineral Wool Market by Application (Building & Construction, Industrial & Appliances, Transportation, and Others) & Regional Analysis (North America, Europe, Asia-Pacific and Row) - Trends & Forecasts To 2019".

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Major companies; such as Saint-Gobain (France), Rockwool International (Denmark), Knauf Insulation (Netherlands), Industrial Insulation Group, LLC. (U.S.), CertainTeed Corp. (U.S.), Guardian Fiberglass, Inc. (U.S.), Johns Manville (U.S.), Owens Corning (U.S.), Roxul Inc. (Canada), Rock Wool Manufacturing Co. (U.S.), Thermafiber, Inc. (U.S.) and USG Interiors, Inc. (U.S.) have also been profiled in this report.

Mineral wool market: A shift towards energy efficient world
Insulation products are used to prevent heat loss, sound or thermal insulation in the commercial & residential buildings. Insulation products are used to easily control energy efficiency of the structures; industrial, residential or commercial. Heat and energy efficiency of the building also ensures the reduction of the carbon footprints and helps in saving the environment, which is one of the major concerns in today’s world. Increasing environment awareness and energy efficiency is leading to the demand and applications of the insulation products in the building & construction industry.

Mineral wool market: Growing demand from Asia-Pacific
Asia-Pacific was the leading consumer of the mineral wool in 2013, accounting for ~40% share of the overall mineral wool market, by value. The demand in the region is strong due to the rapid development of residential and commercial construction sector, along with industrial, and manufacturing, sectors. This has projected the Asia-Pacific as an investment hub where several major companies have placed themselves to tap the potential of a growing market.

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Key growth strategies
Global players have adopted a wide range of growth strategies. These companies have focused on new product launch, expansion, merger & acquisition and agreement & collaboration as the major growth strategy to increase their global footprints and market share. Major players of mineral wool market include Saint-Gobain (France), Rockwool International (Denmark), Knauf Insulation (Netherlands), Industrial Insulation Group, LLC. (U.S.), CertainTeed Corp. (U.S.), Guardian Fiberglass, Inc. (U.S.), Johns Manville (U.S.), Owens Corning (U.S.), Roxul Inc. (Canada), Rock Wool Manufacturing Co. (U.S.), Thermafiber, Inc. (U.S.) and USG Interiors, Inc. (U.S.).

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Issued By MarketsandMarkets
Phone 1-888-600-6441
Business Address Mr. Shelly Singh MarketsandMarkets™ INC. 630 Dundee Road
Suite 430 Northbrook, IL 60062
Country United States
Categories Business
Tags mineral wool , mineral wool market , mineral wool market growth , mineral wool market insights , wool
Last Updated December 9, 2019