Mineral Wool Composite Market

The China Mineral Wool Composite market size was valued at US$ 1.23 billion in 2024 and is projected to reach US$ 1.78 billion by 2030, at a CAGR of 6.3% during the forecast period 2024-2030.

Mineral Wool Composites are advanced materials combining mineral wool with other components like facings, adhesives, or structural elements, designed to enhance performance in thermal insulation, fire resistance, and structural applications.

China's Mineral Wool Composite market is growing robustly, driven by increasing demand for high-performance building materials, stringent fire safety regulations, and the trend towards prefabricated construction. In 2023, China produced approximately 65 million square meters of mineral wool composite panels, with industrial buildings accounting for 40% of demand, commercial structures for 35%, and residential applications for 25%. The market saw a significant boost from China's push for energy-efficient industrial facilities, leading to a 30% increase in mineral wool composite adoption for wall and roof systems in new factories in 2023. Technological advancements have focused on improving thermal performance and ease of installation, with new composite systems offering 25% better insulation values and 40% faster installation times compared to traditional on-site insulation methods. The market is seeing strong growth in fire-rated mineral wool composite panels, increasing at 12% annually, driven by their superior fire resistance in high-rise buildings. In 2023, new regulations on building envelope performance led to a 35% increase in the use of mineral wool composites in curtain wall systems for commercial skyscrapers. The industry faces challenges from higher initial costs compared to traditional insulation methods, but the long-term energy savings and improved construction efficiency are driving adoption. Emerging applications in modular and off-site construction are showing promise, with mineral wool composites for prefabricated building elements growing at 18% CAGR, albeit from a small base of 5% market share. Looking ahead, the market is expected to benefit from China's focus on sustainable urban development, with mineral wool composites for green building certifications projected to grow at 10% CAGR through 2030.

Mineral Wool Composite Market contains market size and forecasts of Mineral Wool Composite in China, including the following market information:

•    China Mineral Wool Composite Market Revenue, 2019-2024, 2024-2030, ($ millions)

•    China Mineral Wool Composite Market Sales, 2019-2024, 2024-2030,

•    China Top five Mineral Wool Composite companies in 2023 (%)

Report Includes

Mineral Wool Composite Market presents an overview of China market for Mineral Wool Composite , sales, revenue and price. Analyses of the China market trends, with historic market revenue/sales data for 2019 - 2023, estimates for 2024, and projections of CAGR through 2030.

Mineral Wool Composite Market focuses on the Mineral Wool Composite sales, revenue, market share and industry ranking of main manufacturers, data from 2019 to 2024. Identification of the major stakeholders in the China Mineral Wool Composite market, and analysis of their competitive landscape and market positioning based on recent developments and segmental revenues.

Mineral Wool Composite Market will help stakeholders to understand the competitive landscape and gain more insights and position their businesses and market strategies in a better way.

Mineral Wool Composite Market analyzes the segments data by Type, and by Sales Channels, sales, revenue, and price, from 2019 to 2030. Evaluation and forecast the market size for Humidifier sales, projected growth trends, production technology, sales channels and end-user industry.

Segment by Type

•    Rock Wool Composite

•    Glass Wool Composite

Segment by Applications

•    Building

•    Chemical

•    Others

Key Companies covered in Mineral Wool Composite Market :

•    Rockwool International A/S

•    Knauf Insulation

•    Johns Manville

•    Owens Corning

•    Saint-Gobain ISOVER

•    Foamglas

•    Thermafiber, Inc.

•    Paroc Group

•    URSA Insulation

•    American Rockwool

Including or excluding key companies relevant to your analysis.

Competitor Analysis

The report also provides analysis of leading market participants including:

•    Key companies Mineral Wool Composite revenues in Chinan market, 2019-2024 (Estimated), ($ millions)

•    Key companies Mineral Wool Composite revenues share in Chinan market, 2023 (%)

•    Key companies Mineral Wool Composite sales in Chinan market, 2019-2024 (Estimated),

•    Key companies Mineral Wool Composite sales share in Chinan market, 2023 (%)

Key Indicators Analysed

•    Market Players & Competitor Analysis: The report covers the key players of the industry including Company Profile, Product Specifications, Production Capacity/Sales, Revenue, Price and Gross Margin 2019-2030 & Sales with a thorough analysis of the market’s competitive landscape and detailed information on vendors and comprehensive details of factors that will challenge the growth of major market vendors.

•    Chinan Market Analysis: The report includes Chinan market status and outlook 2019-2030. Further the report provides break down details about each region & countries covered in the report. Identifying its sales, sales volume & revenue forecast. With detailed analysis by types and applications.

•    Market Trends: Market key trends which include Increased Competition and Continuous Innovations.

•    Opportunities and Drivers: Identifying the Growing Demands and New Technology

•    Porters Five Force Analysis: The report provides with the state of competition in industry depending on five basic forces: threat of new entrants, bargaining power of suppliers, bargaining power of buyers, threat of substitute products or services, and existing industry rivalry.

Key Benefits of This Market Research:

•    Industry drivers, restraints, and opportunities covered in the study

•    Neutral perspective on the market performance

•    Recent industry trends and developments

•    Competitive landscape & strategies of key players

•    Potential & niche segments and regions exhibiting promising growth covered

•    Historical, current, and projected market size, in terms of value

•    In-depth analysis of the Mineral Wool Composite Market

•    Overview of the regional outlook of the Mineral Wool Composite Market

Key Reasons to Buy this Report:

•    Access to date statistics compiled by our researchers. These provide you with historical and forecast data, which is analyzed to tell you why your market is set to change

•    This enables you to anticipate market changes to remain ahead of your competitors

•    You will be able to copy data from the Excel spreadsheet straight into your marketing plans, business presentations or other strategic documents

•    The concise analysis, clear graph, and table format will enable you to pinpoint the information you require quickly

•    Provision of market value (USD Billion) data for each segment and sub-segment

•    Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market

•    Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region

•    Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled

•    Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players

•    The current as well as the future market outlook of the industry concerning recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions

•    Includes in-depth analysis of the market from various perspectives through Porter’s five forces analysis

•    Provides insight into the market through Value Chain

•    Market dynamics scenario, along with growth opportunities of the market in the years to come

•    6-month post-sales analyst support

We offer additional regional and global reports that are similar:

•    Global Mineral Wool Composite Market 

•    United States Mineral Wool Composite Market 

•    Japan Mineral Wool Composite Market 

•    Germany Mineral Wool Composite Market 

•    South Korea Mineral Wool Composite Market 

•    Indonesia Mineral Wool Composite Market 

•    Brazil Mineral Wool Composite Market

Customization of the Report: In case of any queries or customization requirements, please connect with our sales team, who will ensure that your requirements are meet.