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World - Slag Wool, Rock Wool And Similar Mineral Wools And Mixtures - Market Analysis, Forecast, Size, Trends And Insights
Report Update: Jan 1, 2025

World - Slag Wool, Rock Wool And Similar Mineral Wools And Mixtures - Market Analysis, Forecast, Size, Trends And Insights

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Sep 18, 2020

The Global Mineral Wool Market Started to Slow Down

IndexBox has just published a new report: 'World - Slag Wool, Rock Wool And Similar Mineral Wools And Mixtures - Market Analysis, Forecast, Size, Trends And Insights'. Here is a summary of the report's key findings.

For the fifth consecutive year, the global mineral wool market recorded growth in sales value, which increased by 0.3% to $30.9B in 2019. The market value increased at an average annual rate of +2.1% over the period from 2013 to 2019; the trend pattern remained consistent, with only minor fluctuations in certain years. Over the period under review, the global market attained the maximum level in 2019 and is likely to continue growing in years to come.

Consumption by Country

The countries with the highest volumes of mineral wool consumption in 2019 were China (4.9M tons), the U.S. (3.9M tons) and India (2M tons), together comprising 56% of global consumption. Japan, Russia, Mexico, Germany, South Korea, Thailand, Canada and Saudi Arabia lagged somewhat behind, together comprising a further 25%.

From 2013 to 2019, the most notable rate of growth in terms of mineral wool consumption, amongst the main consuming countries, was attained by Saudi Arabia, while mineral wool consumption for the other global leaders experienced more modest paces of growth.

In value terms, China ($6.8B), the U.S. ($6.2B) and Japan ($5.1B) appeared to be the countries with the highest levels of market value in 2019, together comprising 58% of the global market. India, Mexico, South Korea, Saudi Arabia, Germany, Russia, Thailand and Canada lagged somewhat behind, together accounting for a further 28%.

The countries with the highest levels of mineral wool per capita consumption in 2019 were the U.S. (12 kg per person), Japan (9.63 kg per person) and Saudi Arabia (8.70 kg per person).

Production

In 2019, global mineral wool production expanded to 19M tons, increasing by 4.3% compared with the year before. The total output volume increased at an average annual rate of +1.8% from 2013 to 2019; the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period.

Production by Country

The countries with the highest volumes of mineral wool production in 2019 were China (5M tons), the U.S. (3.8M tons) and India (2M tons), with a combined 56% share of global production. These countries were followed by Japan, Russia, Mexico, Germany, South Korea, Canada, Thailand, Saudi Arabia and Poland, which together accounted for a further 28%.

From 2013 to 2019, the most notable rate of growth in terms of mineral wool production, amongst the leading producing countries, was attained by Saudi Arabia, while mineral wool production for the other global leaders experienced more modest paces of growth.

Imports

After three years of growth, purchases abroad of slag wool, rock wool and similar mineral wools and mixtures decreased by -3.3% to 2.3M tons in 2019. The total import volume increased at an average annual rate of +3.9% over the period from 2013 to 2019. Global imports peaked at 2.3M tons in 2018, and then declined modestly in the following year.

In value terms, mineral wool imports shrank slightly to $2.6B (IndexBox estimates) in 2019. The total import value increased at an average annual rate of +2.6% from 2013 to 2019; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period.

Imports by Country

France (183K tons), Italy (156K tons), the U.S. (137K tons), Germany (132K tons), Austria (113K tons), Romania (85K tons), Kazakhstan (81K tons), Sweden (81K tons), Poland (72K tons), the Czech Republic (67K tons), Belgium (63K tons) and Belarus (59K tons) represented roughly 54% of total imports of slag wool, rock wool and similar mineral wools and mixtures in 2019.

From 2013 to 2019, the biggest increases were in Romania, while purchases for the other global leaders experienced more modest paces of growth.

In value terms, the largest mineral wool importing markets worldwide were Germany ($203M), the U.S. ($186M) and France ($180M), with a combined 22% share of global imports. Italy, Austria, Poland, Belgium, Sweden, the Czech Republic, Romania, Kazakhstan and Belarus lagged somewhat behind, together accounting for a further 26%.

Import Prices by Country

The average mineral wool import price stood at $1,155 per ton in 2019, flattening at the previous year. Over the period under review, the import price recorded a slight shrinkage. The pace of growth appeared the most rapid in 2018 when the average import price increased by 4.8% y-o-y. Over the period under review, average import prices reached the maximum at $1,295 per ton in 2014; however, from 2015 to 2019, import prices stood at a somewhat lower figure.

Prices varied noticeably by the country of destination; the country with the highest price was Germany ($1,535 per ton), while Kazakhstan ($485 per ton) was amongst the lowest.

From 2013 to 2019, the most notable rate of growth in terms of prices was attained by Poland, while the other global leaders experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the global mineral wool market. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • Prodcom 23991910 - Slag wool, rock wool and similar mineral wools and mixtures thereof, in bulk, sheets or rolls

Country coverage:

Worldwide - the report contains statistical data for 200 countries and includes detailed profiles of the 50 largest consuming countries:

+ the largest producing countries

Data coverage:

  • Global market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Global production, split by region and country
  • Global trade (exports and imports)
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS

  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO

  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. CONSUMPTION BY COUNTRY
    3. MARKET FORECAST TO 2030

  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT

  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES

  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS

  7. 7. GLOBAL PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
    2. PRODUCTION BY COUNTRY

  8. 8. GLOBAL IMPORTS

    The Largest Importers on The Market and How They Succeed

    1. IMPORTS FROM 2012–2024
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY

  9. 9. GLOBAL EXPORTS

    The Largest Exporters on The Market and How They Succeed

    1. EXPORTS FROM 2012–2024
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY

  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO

  11. 11. COUNTRY PROFILES

    The Largest Markets And Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
    • United States
    • China
    • Japan
    • Germany
    • United Kingdom
    • France
    • Brazil
    • Italy
    • Russian Federation
    • India
    • Canada
    • Australia
    • Republic of Korea
    • Spain
    • Mexico
    • Indonesia
    • Netherlands
    • Turkey
    • Saudi Arabia
    • Switzerland
    • Sweden
    • Nigeria
    • Poland
    • Belgium
    • Argentina
    • Norway
    • Austria
    • Thailand
    • United Arab Emirates
    • Colombia
    • Denmark
    • South Africa
    • Malaysia
    • Israel
    • Singapore
    • Egypt
    • Philippines
    • Finland
    • Chile
    • Ireland
    • Pakistan
    • Greece
    • Portugal
    • Kazakhstan
    • Algeria
    • Czech Republic
    • Qatar
    • Peru
    • Romania
    • Vietnam

  12. LIST OF TABLES

    1. Key Findings In 2024
    2. Market Volume, In Physical Terms, 2012–2024
    3. Market Value, 2012–2024
    4. Per Capita Consumption, By Country, 2018–2024
    5. Production, In Physical Terms, By Country, 2012–2024
    6. Imports, In Physical Terms, By Country, 2012–2024
    7. Imports, In Value Terms, By Country, 2012–2024
    8. Import Prices, By Country Of Destination, 2012–2024
    9. Exports, In Physical Terms, By Country, 2012–2024
    10. Exports, In Value Terms, By Country, 2012–2024
    11. Export Prices, By Country Of Origin, 2012–2024

  13. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2024
    2. Market Value, 2012–2024
    3. Consumption, By Country, 2024
    4. Market Volume Forecast to 2030
    5. Market Value Forecast to 2030
    6. Products: Market Size And Growth, By Type
    7. Products: Average Per Capita Consumption, By Type
    8. Products: Exports And Growth, By Type
    9. Products: Export Prices And Growth, By Type
    10. Production Volume And Growth
    11. Exports And Growth
    12. Export Prices And Growth
    13. Market Size And Growth
    14. Per Capita Consumption
    15. Imports And Growth
    16. Import Prices
    17. Production, In Physical Terms, 2012–2024
    18. Production, In Value Terms, 2012–2024
    19. Production, By Country, 2024
    20. Production, In Physical Terms, By Country, 2012–2024
    21. Imports, In Physical Terms, 2012–2024
    22. Imports, In Value Terms, 2012–2024
    23. Imports, In Physical Terms, By Country, 2024
    24. Imports, In Physical Terms, By Country, 2012–2024
    25. Imports, In Value Terms, By Country, 2012–2024
    26. Import Prices, By Country, 2012–2024
    27. Exports, In Physical Terms, 2012–2024
    28. Exports, In Value Terms, 2012–2024
    29. Exports, In Physical Terms, By Country, 2024
    30. Exports, In Physical Terms, By Country, 2012–2024
    31. Exports, In Value Terms, By Country, 2012–2024
    32. Export Prices, 2012–2024

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