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Published bySakshi Bhargava Modified over 5 years ago
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Global Mineral Wool Insulation Market Report 2018- 2023: Trends, Forecast and Competitive Analysis 1
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Industry Profiles Snapshot Major ParameterDescription Market Segments by Product Type Blanket [batts and rolls], rigid board, loose fill materials, and other forms Market Segments by End Use Industry Residential construction, non-residential construction, industrial and HVAC, and appliances and others Market Segments by Material Type Glass wool insulation and stone wool insulation Market Segments by Region North America, Europe, Asia Pacific and Rest of the World. Top Companies Name Rockwool, Saint-Gobain, Owens Corning, Knauf Insulation, Johns Manville, KCC Corporation and others. Trend Growth Rate and CAGR3.8% Key Industry Forecast The global mineral wool insulation market is expected to reach an estimated $23.7 billion by 2023 with a CAGR of 3.8% from 2018 to 2023 Key Industry Driver Driver: Increasing construction activities, stringent global government regulations and building codes for energy efficiency & fire safety. 2
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Industry Overview Market Size The global mineral wool insulation market is expected to reach an estimated $23.7 billion by 2023 with a CAGR of 3.8% from 2018 to 2023. Emerging trends, which have a direct impact on the dynamics of the mineral wool insulation industry, include the shift towards eco-friendly green insulation, growing focus on glass wool insulation recycling, and the development of lightweight & high fire resistant insulation. Market Size (2023)$23.7 billion CAGR (2018-23)3.8% 3 Industry Performance : Forecast
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