Mineral Wool Market is poised to acquire prominence reaching US $16.0 Billion by the end of the forecast period

According to the report, the global mineral wool industry accounted for $9.9 billion in 2018, and is expected to reach $16.0 billion by 2026, growing at a CAGR of 6.3% from 2019 to 2026.

Preference for energy-efficient buildings and increased adoption in vehicle systems have boosted the growth of the global mineral wool market.

Request Sample Report at: https://www.alliedmarketresearch.com/request-sample/6469

The rock wool segment to portray the fastest CAGR through 2026:
Based on type, the rock wool segment is expected to manifest the highest CAGR of 6.7% during the forecast period, owing to increase in demand from the residential and commercial sector and its characteristics such as excellent mechanical strength, which makes it ideal for insulation roofs, color steel sandwich panels, and other applications. However, the glass wool segment held the largest share in 2018, accounting for nearly three-fifths of the global mineral wool market, owing to its properties such as lightweight and ease of application.

The building & construction segment held the largest share:
Based on end-user industry, the building & construction segment dominated the global mineral wool market in 2018, contributing to more than half of the market, owing to rise in demand from the construction industry, majorly from LAMEA and Asia-Pacific regions. However, the transportation segment is projected to portray the highest CAGR of 6.9% during the forecast period, due to an increase in the need for insulation in the transport applications.

For Purchase Enquiry at: https://www.alliedmarketresearch.com/purchase-enquiry/6469

Asia-Pacific, followed by North America, dominated the market in terms of revenue:
Based on geography, the market across Asia-Pacific held the largest share in 2018, accounting for more than one-third of the total revenue. In addition, the region is anticipated to register the fastest CAGR of 7.4% during the study period, due to rise in demand from the construction industry and noteworthy growth of the automobile sector. The global mineral wool market across North America held the second-largest share in 2018, contributing to nearly one-third of the market.

Interested in Procuring this Report? visit: https://www.alliedmarketresearch.com/mineral-wool-market/purchase-options

Major market players
o Compagnie de Saint-Gobain S.A.
o John Manville
o IZOCAM
o Korff Isolmatic GmbH
o Knauf Insulation
o Poly Glass Fibre Insulation
o Owens Corning
o TechnoNICOL
o Rockwool International A/S
o URSA Insulation S.A.

Obtain Report Details: https://www.alliedmarketresearch.com/mineral-wool-market-A06104

Contact:
David Correa
5933 NE Win Sivers Drive
#205, Portland, OR 97220
United States
USA/Canada (Toll Free): +1-800-792-5285, +1-503-894-6022, +1-503-446-1141
UK: +44-845-528-1300
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Fax: +1(855)550-5975

About Us
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.