Le Lézard
Classified in: Oil industry, Covid-19 virus
Subject: MRR

Worldwide Mineral Wool Industry to 2030 - Increasing Construction of Energy-efficient Buildings is Driving Growth


DUBLIN, Aug. 12, 2022 /PRNewswire/ -- The "Mineral Wool Market, by Type, by Product Type, by End-User Industry - Size, Share, Outlook, and Opportunity Analysis, 2022 - 2030" report has been added to ResearchAndMarkets.com's offering.

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Mineral wool is an excellent insulation material that's derived from iron ore slag, a waste product of the steel industry. In fact, some mineral wool products are made from over 90% recycled material. That means the insulation value of mineral wool is higher than that of cellulose.

There are two types of mineral wool insulation: faced and unfaced. Faced mineral wool is usually made of paper or plastic, but it can be made from other materials too.

These two types of insulation have different benefits. They are both effective in blocking heat and preventing moisture from entering the house.

Market Dynamics:

Growing construction of energy-efficient building is a prime factor fostering growth of the mineral wool market. For instance, in Budget 2021, the Indian government allotted INR 13,750 crore to Atal Mission for Rejuvenation and Urban Transformation and Smart Cities Mission to promote construction initiatives.

Additionally, increasing use of soundproof material from automotive industry and also increasing penetration of electric vehicle is also projected to foster the market growth.

However, health hazard associated with mineral wool and availability of substitute are expected to restrict the market growth.

Key features of the study:

Key Topics Covered:

1. Research Objectives and Assumptions

2. Market Purview

3. Market Dynamics, Regulations, and Trends Analysis

4. Global Mineral Wool Market - Impact of Coronavirus (COVID-19) Pandemic

5. Global Mineral Wool Market, By Type, 2022 and 2030, (US$ Mn)

6. Global Mineral Wool Market, By Product Type, 2022 and 2030, (US$ Mn)

7. Global Mineral Wool Market, By End-User Industry, 2022 and 2030, (US$ Mn)

8. Global Mineral Wool Market, By Region, 2022 and 2030, (US$ Mn)

9. Competitive Landscape

10. Section

For more information about this report visit https://www.researchandmarkets.com/r/qoqjk8

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SOURCE Research and Markets


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