Mineral Wool Market Size

Market Size in USD Bn

CAGR5.1%

Study Period	2025-2032
Base Year of Estimation	2024
CAGR	5.1%
Market Concentration	High
Major Players	Rockwool International A/S, Knauf Insulation, Owens Corning, Johns Manville, Saint-Gobain and Among Others

*Disclaimer: Major players are listed in no particular order.

*Source: Coherent Market Insights

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Mineral Wool Market Analysis

The mineral wool market is estimated to be valued at USD 16.10 Bn in 2025 and is expected to reach USD 22.81 Bn by 2032. It is projected to grow at a compound annual growth rate (CAGR) of 5.1% from 2025 to 2032. The rising construction activities across both commercial and residential sectors along with renovation and modernization projects of old buildings will drive the mineral wool market.