Mineral Wool Board Insulation Market

By Application;

Building Insulation, Industrial Insulation, HVAC Systems, Soundproofing and Fire Protection

By End Use;

Residential, Commercial and Industrial

By Material Type;

High Density, Medium Density and Low Density

By Form;

Boards, Blankets and Pipe Insulation

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa and Latin America - Report Timeline (2021 - 2031)
Report ID: Rn548494538 Published Date: October, 2025 Updated Date: November, 2025

Mineral Wool Board Insulation Market Overview

Mineral Wool Board Insulation Market (USD Million)

Mineral Wool Board Insulation Market was valued at USD 5,411.99 million in the year 2024. The size of this market is expected to increase to USD 8,605.55 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 6.9%.


Mineral Wool Board Insulation Market

*Market size in USD million

CAGR 6.9 %


Study Period2025 - 2031
Base Year2024
CAGR (%)6.9 %
Market Size (2024)USD 5,411.99 Million
Market Size (2031)USD 8,605.55 Million
Market ConcentrationMedium
Report Pages358
5,411.99
2024
8,605.55
2031

Major Players

  • Rock Wool
  • American Acoustical Products
  • Industrial Insulation
  • Johns Manville
  • Thermafiber
  • Knauf Insulation
  • USG Interiors
  • Celenit
  • Tegola Canadese
  • Eterno Ivica Srl
  • Ursa France
  • Caparol
  • Siderise

Market Concentration

Consolidated - Market dominated by 1 - 5 major players

Mineral Wool Board Insulation Market

Fragmented - Highly competitive market without dominant players


The Mineral Wool Board Insulation Market is experiencing strong demand, largely fueled by the rising need for energy-efficient building materials. Known for its thermal resistance and fire protection properties, mineral wool board has become a preferred choice in construction and industrial applications. Nearly 60% of modern buildings now incorporate mineral wool insulation to enhance energy conservation and reduce environmental impact.

Growing Focus on Sustainability
The increasing push toward sustainable construction practices is a major growth driver for this market. With around 55% of construction projects now prioritizing eco-friendly materials, mineral wool boards are being adopted as a reliable alternative to conventional insulation. Their ability to minimize carbon emissions and improve building efficiency makes them a key contributor to sustainable infrastructure.

Enhanced Fire and Acoustic Safety
One of the defining advantages of mineral wool board insulation lies in its fire-resistant and soundproofing capabilities. More than 50% of safety-conscious construction designs integrate mineral wool to reduce fire hazards and improve acoustic comfort. These benefits position mineral wool as an indispensable solution in residential, commercial, and industrial projects.

Technological Advancements in Product Design
Innovation in product formulations and manufacturing processes is reshaping the market landscape. About 40% of new developments emphasize higher density boards with improved thermal insulation performance. Additionally, manufacturers are focusing on lightweight and easy-to-install designs, which enhance both construction efficiency and long-term durability.

Future Growth Prospects
The mineral wool board insulation market is set for steady expansion as construction trends shift toward energy efficiency and green building solutions. With nearly 45% of infrastructure projects incorporating advanced insulation systems, the market holds strong potential. Continued investments, sustainability initiatives, and innovations in insulation technology will further drive growth in the years ahead.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Application
    2. Market Snapshot, By End Use
    3. Market Snapshot, By Material Type
    4. Market Snapshot, By Form
    5. Market Snapshot, By Region
  4. Mineral Wool Board Insulation Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Energy efficiency.
        2. Fire resistance.
        3. Noise reduction.
        4. Sustainable construction.
      2. Restraints
        1. High cost.
        2. Limited availability.
        3. Installation complexity.
        4. Environmental concerns.
      3. Opportunities
        1. Green building growth.
        2. Emerging markets.
        3. Technological advancements.
        4. Regulatory support.
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Mineral Wool Board Insulation Market, By Application, 2021 - 2031 (USD Million)
      1. Building Insulation
      2. Industrial Insulation
      3. HVAC Systems
      4. Soundproofing
      5. Fire Protection
    2. Mineral Wool Board Insulation Market, By End Use, 2021 - 2031 (USD Million)
      1. Residential
      2. Commercial
      3. Industrial
    3. Mineral Wool Board Insulation Market, By Material Type, 2021 - 2031 (USD Million)
      1. High Density
      2. Medium Density
      3. Low Density
    4. Mineral Wool Board Insulation Market, By Form, 2021 - 2031 (USD Million)
      1. Boards
      2. Blankets
      3. Pipe Insulation
    5. Mineral Wool Board Insulation Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Owens Corning
      2. Rockwool International A/S
      3. Saint-Gobain ISOVER
      4. Knauf Insulation GmbH
      5. Johns Manville Corporation
      6. Paroc Group Oy
      7. Armacell International S.A.
      8. URSA Insulation, S.L.
      9. Kingspan Group plc
      10. NMC SA
      11. Industrial Insulation Group, LLC
      12. Thermafiber, Inc.
      13. USG Interiors, Inc.
      14. Guardian Fiberglass, Inc.
  7. Analyst Views
  8. Future Outlook of the Market