The Rockwool Insulation Market is expected to grow at a CAGR of 3.11% during the forecasted period of 2020-2028. Growing government rules and regulations towards building safety as well for the sustainable energy management has fueled the demand for the industry. Moreover, growth in the infrastructural activities especially from construction industry are likely to drive the overall demand for the product. In last decade, the demand from the energy and power sector is growing rapidly due to the infrastructural and population growth. This has pushed the rockwool insulation material manufacturers to develop and cater to the growing demands from end use industries. In Europe, where the low temperature areas are always considered as a key market places which is the single most important driving force behind the constant innovation of the material products in overall insulation materials business.
The Rockwool Insulation Market is witnessing a substantial growth across end-user industries especially in the developing nations. The Rockwool Insulation Market is expected to reach USD 3.44 Billion by 2028 from USD 2.69 Billion in 2020, at a CAGR of 3.11% from 2020 to 2028. The market is analyzed across seven countries from Europe (Germany, Spain, France Italy, Russia, UK and Rest of Europe). Germany region was holding the highest market share of about 25% in 2019. A higher economic growth of the EU countries and increasing the investments spending will raise the demand for Rockwool insulation materials. It has been considered that there will be strong growth in population, growing urbanization, and fast changing impact on the environment which have enabled the governments in both developed and developing nations towards implementing of several climate policies. On the end user’s side, who are concentrating on minimizing the energy consumption bills. Shifting the stone wool material market trends towards upgradation of existing insulation system sufficing the building standards will create lucrative opportunities for the industry participants. The Rockwool Insulation Market is segmented on the basis of Product Types, Grade Type, By Application, and by Countries. The Thermal Product Type holds the 55% of market share in 2019. And is expected to be growing at a CAGR of 3.23% in the forecasted period. The Rockwool Insulation Market by Application is segmented into Construction, Ship, Industrial, Agriculture based end user industries. In which Construction Applications holds more than 45% of market share and is estimated to grow at a CAGR of 2.26% in the forecasted period.
Key companies profiled in the report are Italpannelli, Promat, ISOVER France, Caparol Siderise Group, Eurisol, Fassa Bortolo, URSA, PAROC, ETERNO IVICA SRL, BRUCHA, LATTONEDIL, KNAUF Insulation, KIMMCO, Rockwool Core solutions, ISOSYSTEM, CELENIT, GLASSROCK INSULATION COMPANY. The frequent new product launches to stay dynamic in this competitive market is a major driver for the key Rockwool Insulation Market providers by offering varied solutions to end users according to their changing demands. Similarly, strict regulations by government from various region has been identified by many international players and thus they have adopted key strategies such as expansion, mergers, acquisition to increase their operational presence.
Scope:
Report Data
Market
Forecast 2022
XX million/billion (2022-2032)
CAGR 2022 - 2032
%
Analysis Period
2022 - 2032
Base Year
2021
Forecast Data
2022 - 2032
Segments Covered
By Type, By Application, And by Regions
Regional Scope
North America, Europe, Asia Pacific, Latin America, and Middle East & Africa
1 Introduction 1.1 The objectives of this study 1.2 Market Definition 1.2.1 Market Scope 1.3 Research Methodology 1.4 Stakeholders 1.5 Currency 1.6 Research Assumptions 1.7 Limitation 2 Executive Summary
3. Market Outlook 3.1 Introduction 3.2 DROC Matrix 3.3 Market Challenges 3.4 Market Share Analysis 3.5 Value chain Analysis
4 Industry Trends 4.1 Introduction 4.2 PESTEL Analysis 4.3 Porter’s Five Forces Model 4.3.1 Threat of new entrance 4.3.2 Threat of substitute product 4.3.3 Bargaining power of buyer 4.3.4 Bargaining power of supplier 4.3.5 Intensity of competitive rivalry
5 Rock Wool Insulation Market Type Analysis 5.1 Introduction 5.2 Benchmark Market Revenue Analysis by Type, 2014-2018 5.3 Estimated and Projected Market Analysis by Type, 2020-2028 5.4 Y-o-Y Growth Trend Analysis 5.5 Thermal Insulation 5.6 Thermal-Acoustic Insulation 5.7 Acoustic Insulation
6 Rock Wool Insulation Market Sales Channel Analysis 6.1 Introduction 6.2 Benchmark Market Revenue Analysis by Sales Channel, 2014-2018 6.3 Estimated and Projected Market Analysis by Sales Channel, 2020-2028 6.4 Y-o-Y Growth Trend Analysis 6.5 Manufacturer/Distributor/Service Provider 6.6 Aftermarket
7 Rock Wool Insulation Market Application Analysis 7.1 Introduction 7.2 Benchmark Market Revenue Analysis by Application, 2014-2018 7.3 Estimated and Projected Market Analysis by Application, 2020-2028 7.4 Y-o-Y Growth Trend Analysis 7.5 Construction 7.6 Ship 7.7 Industry 7.8 Agriculture 7.9 Others
8 Rock Wool Insulation Regional Analysis 8.1 Introduction 8.2 Europe 8.2.1 Benchmark Market Revenue Analysis by Country, 2014-2018 8.2.2 Estimated and Projected Market Analysis by Country, 2020-2028 8.2.3 U.K. 8.2.4 Germany 8.2.5 France 8.2.6 Italy 8.2.7 Spain 8.2.8 Russia 8.2.9 Rest of Europe
TABLE 1 EUROPE ROCK WOOL INSULATION ESTIMATED AND PROJECTED REGIONAL ANALYSIS, 2020-2028 (USD MILLION) TABLE 2 EUROPE ROCK WOOL INSULATION BENCHMARK MARKET REVENUE ANALYSIS BY TYPE, 2014-2018, (USD MILLION) TABLE 3 EUROPE ROCK WOOL INSULATION ESTIMATED AND PROJECTED TYPE ANALYSIS, 2020-2028 (USD MILLION) TABLE 4 EUROPE ROCK WOOL INSULATION BENCHMARK MARKET REVENUE ANALYSIS BY SALES CHANNEL, 2014-2018, (USD MILLION) TABLE 5 EUROPE ROCK WOOL INSULATION ESTIMATED AND PROJECTED SALES CHANNEL ANALYSIS, 2020-2028 (USD MILLION) TABLE 6 EUROPE ROCK WOOL INSULATION BENCHMARK MARKET REVENUE ANALYSIS BY APPLICATION, 2014-2018, (USD MILLION) TABLE 7 EUROPE ROCK WOOL INSULATION ESTIMATED AND PROJECTED APPLICATION ANALYSIS, 2020-2028 (USD MILLION) TABLE 8 EUROPE ROCK WOOL INSULATION BENCHMARK MARKET REVENUE ANALYSIS BY COUNTRY, 2014-2018, (USD MILLION) TABLE 9 EUROPE ROCK WOOL INSULATION ESTIMATED AND PROJECTED COUNTRY ANALYSIS, 2020-2028 (USD MILLION) TABLE 10 EUROPE ROCK WOOL INSULATION ESTIMATED AND PROJECTED TYPE ANALYSIS, 2020-2028 (USD MILLION) TABLE 11 EUROPE ROCK WOOL INSULATION ESTIMATED AND PROJECTED SALES CHANNEL ANALYSIS, 2020-2028 (USD MILLION) TABLE 12 EUROPE ROCK WOOL INSULATION ESTIMATED AND PROJECTED APPLICATION ANALYSIS, 2020-2028 (USD MILLION) TABLE 13 UK ROCK WOOL INSULATION ESTIMATED AND PROJECTED TYPE ANALYSIS, 2020-2028 (USD MILLION) TABLE 14 UK ROCK WOOL INSULATION ESTIMATED AND PROJECTED SALES CHANNEL ANALYSIS, 2020-2028 (USD MILLION) TABLE 15 UK ROCK WOOL INSULATION ESTIMATED AND PROJECTED APPLICATION ANALYSIS, 2020-2028 (USD MILLION) TABLE 16 GERMANY ROCK WOOL INSULATION ESTIMATED AND PROJECTED TYPE ANALYSIS, 2020-2028 (USD MILLION) TABLE 17 GERMANY ROCK WOOL INSULATION ESTIMATED AND PROJECTED SALES CHANNEL ANALYSIS, 2020-2028 (USD MILLION) TABLE 18 GERMANY ROCK WOOL INSULATION ESTIMATED AND PROJECTED APPLICATION ANALYSIS, 2020-2028 (USD MILLION) TABLE 19 FRANCE ROCK WOOL INSULATION ESTIMATED AND PROJECTED TYPE ANALYSIS, 2020-2028 (USD MILLION) TABLE 20 FRANCE ROCK WOOL INSULATION ESTIMATED AND PROJECTED SALES CHANNEL ANALYSIS, 2020-2028 (USD MILLION) TABLE 21 FRANCE ROCK WOOL INSULATION ESTIMATED AND PROJECTED APPLICATION ANALYSIS, 2020-2028 (USD MILLION) TABLE 22 ITALY ROCK WOOL INSULATION ESTIMATED AND PROJECTED TYPE ANALYSIS, 2020-2028 (USD MILLION) TABLE 23 ITALY ROCK WOOL INSULATION ESTIMATED AND PROJECTED SALES CHANNEL ANALYSIS, 2020-2028 (USD MILLION) TABLE 24 ITALY ROCK WOOL INSULATION ESTIMATED AND PROJECTED APPLICATION ANALYSIS, 2020-2028 (USD MILLION) TABLE 25 SPAIN ROCK WOOL INSULATION ESTIMATED AND PROJECTED TYPE ANALYSIS, 2020-2028 (USD MILLION) TABLE 26 SPAIN ROCK WOOL INSULATION ESTIMATED AND PROJECTED SALES CHANNEL ANALYSIS, 2020-2028 (USD MILLION) TABLE 27 SPAIN ROCK WOOL INSULATION ESTIMATED AND PROJECTED APPLICATION ANALYSIS, 2020-2028 (USD MILLION) TABLE 28 RUSSIA ROCK WOOL INSULATION ESTIMATED AND PROJECTED TYPE ANALYSIS, 2020-2028 (USD MILLION) TABLE 29 RUSSIA ROCK WOOL INSULATION ESTIMATED AND PROJECTED SALES CHANNEL ANALYSIS, 2020-2028 (USD MILLION) TABLE 30 RUSSIA ROCK WOOL INSULATION ESTIMATED AND PROJECTED APPLICATION ANALYSIS, 2020-2028 (USD MILLION) TABLE 31 REST OF EUROPE ROCK WOOL INSULATION ESTIMATED AND PROJECTED TYPE ANALYSIS, 2020-2028 (USD MILLION) TABLE 32 REST OF EUROPE ROCK WOOL INSULATION ESTIMATED AND PROJECTED SALES CHANNEL ANALYSIS, 2020-2028 (USD MILLION) TABLE 33 REST OF EUROPE ROCK WOOL INSULATION ESTIMATED AND PROJECTED APPLICATION ANALYSIS, 2020-2028 (USD MILLION)
Frequently Asked Questions
What is the future market value of the ?
The current market value for is expected USD XX million/billion by 2022.
What is the CAGR of the Market?
The is to grow at a CAGR of 5.3% during the forecast by 2032.
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On the basis of type, the is segmented into Types.