MINERAL WOOL MARKET ANALYSIS

Mineral Wool Market, By Type (Glass, Rock, Slag, and Others), By End-use Industry (Construction & Building Materials, Automotive, Industrial Equipment, Marine and Shipbuilding, and Others), By Geography (North America, Latin America, Asia Pacific, Europe, Middle East, and Africa)

In 2023, Saint-Gobain announced the launch of a new range of high-performance mineral wool insulation products. The products are designed to provide excellent thermal insulation, fire resistance, and acoustic properties, catering to the needs of sustainable and energy-efficient buildings.
In 2023, Paroc invested in the expansion of its production capacity in Finland. The expansion project aimed to meet the growing demand for stone wool insulation products in the Nordic and Baltic regions, strengthening the company's position in the market.
In 2022, Knauf Insulation announced the expansion of its production capacity in Europe with the construction of a new mineral wool insulation plant in France. The plant is expected to enhance the company's manufacturing capabilities and meet the growing demand for mineral wool insulation products in the region.