Mineral Wool Market

Mineral wool market: find the latest facts and figures empowered by an Ai-driven market research tool. Statistics provide market prices, market size, exports, consumption, companies, production, trade, and imports. Here is a split by country, including the U.K., Latin America, Africa, the U.S., the Middle East, EU, China, and Russia. Market insights and forecast to 2030 are also provided in the snapshots.


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Mineral Wool - World's Largest Markets

RatingCountry
1United States
2China
3India
4Japan
5Spain

In value terms, the United States, China and India appeared to be the countries with the highest levels of market value in 2021, with a combined 59% share of the global market. Japan, Spain, Germany, Russia, Mexico, South Korea and Thailand lagged somewhat behind, together comprising a further 17%.

Among the main consuming countries, Spain saw the highest rates of growth with regard to market size, over the period under review, while mineral wool market for the other global leaders experienced more modest paces of growth.

Mineral Wool Prices

Lowest Prices - FOB - Top Exporters

COUNTRY201920202021CAGR,
2019-2021
USD per ton
Japan4953381263-88.7%
Russia5183825311.2%
Croatia65879179710.1%
Slovenia8488709546.1%
Germany1100118711663.0%
Poland125612451203-2.1%
United Kingdom193918771238-20.1%
Netherlands15061787196114.1%
Average1143111311430.0%

There were significant differences in the average prices amongst the major exporting countries. In 2021, the country with the highest price was the Netherlands ($1,961 per ton), while Japan ($63 per ton) was amongst the lowest.

From 2019 to 2021, the most notable rate of growth in terms of prices was attained by the Netherlands, while the other global leaders experienced more modest paces of growth.

Highest Prices - CIF - Top Importers

COUNTRY201920202021CAGR,
2019-2021
USD per ton
Netherlands10811574171325.9%
Germany1319136413722.0%
Belgium1302149313411.5%
Poland846940113215.7%
Czech Republic8581058112914.7%
France93890710686.7%
Austria8638819907.1%
Sweden974941946-1.4%
Finland87110029424.0%
Italy8178498582.5%
Romania6786787233.3%
Kazakhstan485478482-0.3%
Portugal13131022229-58.2%
Average1108116011421.5%

There were significant differences in the average prices amongst the major importing countries. In 2021, the country with the highest price was the Netherlands ($1,713 per ton), while Portugal ($229 per ton) was amongst the lowest.

From 2019 to 2021, the most notable rate of growth in terms of prices was attained by the Netherlands, while the other global leaders experienced more modest paces of growth.

Mineral Wool - Top Importers

COUNTRY201920202021CAGR,
2019-2021
billion USD
Germany0.20.20.311.0%
Italy0.10.10.218.7%
France0.20.20.22.9%
Austria0.10.090.17.1%
Belgium0.080.080.115.8%

In value terms, the largest mineral wool importing markets worldwide were Germany ($251M), Italy ($188M) and France ($188M), with a combined 22% share of global imports. These countries were followed by Austria, Belgium, the Netherlands, Poland, Sweden, the Czech Republic, Romania, Finland, Kazakhstan and Portugal, which together accounted for a further 26%.

Among the main importing countries, the Netherlands (+73.2% per year) recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other global leaders experienced more modest paces of growth.

Mineral Wool - Top Exporters

COUNTRY201920202021CAGR,
2019-2021
billion USD
Poland0.30.30.412.6%
Germany0.20.20.319.7%
Netherlands0.20.20.37.7%
Japan0.20.20.210.6%
United Kingdom0.10.10.219.0%

Mineral Wool - Market Forecast

Driven by rising demand for mineral wool worldwide, the market is expected to start an upward consumption trend over the next decade. The performance of the market is forecast to increase slightly, with an anticipated CAGR of for the period from 2021 to 2030, which is projected to bring the market volume to by the end of 2030.

Mineral Wool - Top Companies

Anhui Huitong New Type Building Material Co.,Ltd., Inner Mongolia Jiuyi Concrete Co.,Ltd., Zhumadian Taihe Industry Co.,Ltd., Owens Corning, Gutian County Xinhongxin Stone Co.,Ltd., Bazhong Quanxing Energy Saving Inspection & Testing Co.,Ltd., Owens Corning Sales, LLC, Jiangyou Ruifu New Type Building Material Co.,Ltd., Dongxiang County Chengcai New Type Building Material Co.,Ltd., Maoming Maogang Dongfang Fire-Proof Materials Co.,Ltd., Anhui Haoyuan New Type Building Material Co.,Ltd., Guangxi Dingqiang Geotextile Material Manufacturing Co.,Ltd., Qixian Jucai Precast Panels Factory, Linyi Luozhuang District Huiyou Thermal Insulation Errosionproof Materials Facto ry, Youxi County Yonglong New Building Materials Factory (General Parternship), Youxi Lianxin New Building Materials Factory (General Parternship), Shanghai Dasheng Agrochemical Co.,Ltd., GrafTech Switzerland SA, Yarkand County Yaxin New Environment-friendly Building Materials Co., Ltd., SAINT-GOBAIN ISOVER G+H AG

Mineral Wool - Product Coverage

  • HS 680610 - Slag wool, rock wool and similar mineral wools (including intermixtures thereof), in bulk, sheets or rolls
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World - Slag Wool, Rock Wool and Similar Mineral Wools and Mixtures - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the global mineral wool market.

Australia and Oceania - Slag Wool, Rock Wool and Similar Mineral Wools and Mixtures - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the mineral wool market in Australia and Oceania.

Eastern Asia - Slag Wool, Rock Wool and Similar Mineral Wools and Mixtures - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the mineral wool market in Eastern Asia.

Northern America - Slag Wool, Rock Wool and Similar Mineral Wools and Mixtures - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the mineral wool market in Northern America.

Latin America and the Caribbean - Slag Wool, Rock Wool and Similar Mineral Wools and Mixtures - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the mineral wool market in Latin America and the Caribbean.

Central Asia - Slag Wool, Rock Wool and Similar Mineral Wools and Mixtures - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the mineral wool market in Central Asia.

Southern Asia - Slag Wool, Rock Wool and Similar Mineral Wools and Mixtures - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the mineral wool market in Southern Asia.

South-Eastern Asia - Slag Wool, Rock Wool and Similar Mineral Wools and Mixtures - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the mineral wool market in South-Eastern Asia.

Africa - Slag Wool, Rock Wool and Similar Mineral Wools and Mixtures - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the mineral wool market in Africa.

Middle East - Slag Wool, Rock Wool and Similar Mineral Wools and Mixtures - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the mineral wool market in the Middle East.

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