Increasing Demand of Energy Efficient Buildings Dominating Mineral Wool Market
The "Mineral Wool Market" is projected to register a CAGR of 7.0% (between 2014 & 2019) with market size estimated at $12.0 billion by 2019. Asia-Pacific region, with its reviving economy and rapidly expanding building & construction sector and growing number of industries base is projected to experience the highest growth in demand between 2014 and 2019, followed by the Rest of the World (RoW) region.
Browse 82 market data tables and 53 figures spread through 131 pages and in-depth TOC on “Mineral Wool Market by Application (Building & Construction, Industrial & Appliances, Transportation, and Others) & Regional Analysis (North America, Europe, Asia-Pacific and Row) - Trends & Forecasts To 2019"
The mineral wool market is mainly driven by increased usage as an acoustic insulation material in the residential and commercial building is driving the market along with the increasing industrial applications as the thermal insulation to prevent heat loss and save energy.
The major factors driving the market growth are the increasing demand for the mineral wool-based insulation products for thermal and acoustic insulation in the residential and commercial buildings and demand for heat insulation for the industrial applications to avoid heat loss and save energy.
The market has been analyzed in terms of both volume (KT) and value ($Million) by region; North America, Europe, Asia-Pacific, and Rest of the World (RoW) and by type Glass Wool and Stone Wool. Mineral wool market is also analyzed by end products; Blanket, Board, Panel, customized shape & others and for applications, Fire protection, Thermal insulation, Acoustic insulation, and other applications.
The leading players in the 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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