Market Forecast by Countries (Germany, United Kingdom, France, Italy, Russia, Spain, Rest of Europe), By Type (Roving, Chopped Strands, Fabric, Mesh or grids), By End-use Industry (Construction, Automotive, Aerospace & Defence, Power Generation, Sports & Related Accessories) And Competitive Landscape
Product Code: ETC078186 | Publication Date: Aug 2021 | Updated Date: Mar 2024 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 200 | No. of Figures: 90 | No. of Tables: 30 | |
Report Name | Europe Rockwool Market |
Forecast period | 2024-2030 |
CAGR | 7.2% |
Growing Sector | Construction |
Europe Rockwool Market report thoroughly covers the market by countries, by type, and by end use industry. The market outlook report provides an unbiased and detailed analysis of the ongoing market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
Europe Rockwool Market is projected to grow at a massive rate with the increasing demand for energy-efficient and sustainable building materials. Another emerging trend is the preference for sustainable and eco-friendly materials in construction. This has led to an increased demand for natural and recycled materials, including Rockwool which is made from volcanic rocks.
According to 6Wresearch, the Europe Rockwool Market size is estimated to reach at a CAGR of 7.2% during the forecast period 2024-2030. The growing construction industry in Europe is a major driver for the Rockwool market. As governments and consumers increasingly focus on reducing energy consumption, there has been a rise in demand for green and sustainable construction materials. Additionally, strict regulations regarding energy efficiency in buildings have also fueled the demand for Rockwool insulation products. Moreover, the increasing awareness about fire safety measures has led to the adoption of Rockwool as a preferred material for passive fire protection. It is widely used in commercial and residential buildings as it provides excellent fire resistance and can withstand high temperatures. The use of advanced technology and innovation is a major trend observed in the Europe Rockwool market. Manufacturers are constantly investing in R&D activities to improve the performance and durability of Rockwool products. This includes developments in the production process to reduce costs and increase efficiency, as well as advancements in product design to cater to specific construction needs is estimated to augment the Europe Rockwool Market growth.
In response to growing environmental concerns and the push for sustainable building practices, European governments have introduced several initiatives that positively impact the Rockwool market. These include subsidies for energy-efficient building projects, stringent building codes emphasizing fire safety and thermal insulation, and grants for research into sustainable materials. Such policies encourage the use of Rockwool, aligning with its attributes of energy efficiency and fire resistance.
The Europe Rockwool market is served by several key players who are pivotal in driving innovation and sustainability within the industry. Prominent companies include ROCKWOOL International A/S, Knauf Insulation, Saint-Gobain, Owens Corning, and Paroc Group.
The future of the Europe Rockwool industry looks promising, with an anticipated rise in demand driven by the construction sector’s ongoing efforts to adopt more sustainable and energy-efficient practices. With the increasing emphasis on reducing carbon footprints and enhancing building safety, Rockwool’s attributes align perfectly with these goals. The market is expected to see continued innovation, with manufacturers focusing on improving the environmental footprint of their products and processes.
According to Shivankar, Research Manager, 6Wresearch, Germany stands out as the only country experiencing significant growth in the Rockwool market. This growth can be attributed to Germany's rigorous implementation of energy efficiency standards and building regulations that favor the usage of Rockwool for insulation purposes.
Based on the end use industry, the construction sector undeniably leads in the Europe Rockwool market. This dominance is largely due to the construction industry's robust drive towards sustainable development, energy-efficient buildings, and stringent fire safety standards. Rockwool’s exceptional thermal insulation, soundproofing capabilities, and fire resistance make it an indispensable material in modern construction projects.
The report offers a comprehensive study of the subsequent market segments:
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Europe Rockwool Market Overview |
3.1 Europe Regional Macro Economic Indicators |
3.2 Europe Rockwool Market Revenues & Volume, 2020 & 2030F |
3.3 Europe Rockwool Market - Industry Life Cycle |
3.4 Europe Rockwool Market - Porter's Five Forces |
3.5 Europe Rockwool Market Revenues & Volume Share, By Countries, 2020 & 2030F |
3.6 Europe Rockwool Market Revenues & Volume Share, By Type, 2020 & 2030F |
3.7 Europe Rockwool Market Revenues & Volume Share, By End-use Industry, 2020 & 2030F |
4 Europe Rockwool Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Europe Rockwool Market Trends |
6 Europe Rockwool Market, 2020-2030 |
6.1 Europe Rockwool Market, Revenues & Volume, By Type, 2020-2030 |
6.2 Europe Rockwool Market, Revenues & Volume, By End-use Industry, 2020-2030 |
7 Germany Rockwool Market, 2020-2030 |
7.1 Germany Rockwool Market, Revenues & Volume, By Type, 2020-2030 |
7.2 Germany Rockwool Market, Revenues & Volume, By End-use Industry, 2020-2030 |
8 United Kingdom Rockwool Market, 2020-2030 |
8.1 United Kingdom Rockwool Market, Revenues & Volume, By Type, 2020-2030 |
8.2 United Kingdom Rockwool Market, Revenues & Volume, By End-use Industry, 2020-2030 |
9 France Rockwool Market, 2020-2030 |
9.1 France Rockwool Market, Revenues & Volume, By Type, 2020-2030 |
9.2 France Rockwool Market, Revenues & Volume, By End-use Industry, 2020-2030 |
10 Italy Rockwool Market, 2020-2030 |
10.1 Italy Rockwool Market, Revenues & Volume, By Type, 2020-2030 |
10.2 Italy Rockwool Market, Revenues & Volume, By End-use Industry, 2020-2030 |
11 Russia Rockwool Market, 2020-2030 |
11.1 Russia Rockwool Market, Revenues & Volume, By Type, 2020-2030 |
11.2 Russia Rockwool Market, Revenues & Volume, By End-use Industry, 2020-2030 |
12 Spain Rockwool Market, 2020-2030 |
12.1 Spain Rockwool Market, Revenues & Volume, By Type, 2020-2030 |
12.2 Spain Rockwool Market, Revenues & Volume, By End-use Industry, 2020-2030 |
13 Rest of Europe Rockwool Market, 2020-2030 |
13.1 Rest of Europe Rockwool Market, Revenues & Volume, By Type, 2020-2030 |
13.2 Rest of Europe Rockwool Market, Revenues & Volume, By End-use Industry, 2020-2030 |
14 Europe Rockwool Market Key Performance Indicators |
15 Europe Rockwool Market - Opportunity Assessment |
15.1 Europe Rockwool Market Opportunity Assessment, By Countries, 2020 & 2030F |
15.2 Europe Rockwool Market Opportunity Assessment, By Type, 2020 & 2030F |
15.3 Europe Rockwool Market Opportunity Assessment, By End-use Industry, 2020 & 2030F |
16 Europe Rockwool Market - Competitive Landscape |
16.1 Europe Rockwool Market Revenue Share, By Companies, 2023 |
16.2 Europe Rockwool Market Competitive Benchmarking, By Operating and Technical Parameters |
17 Company Profiles |
18 Recommendations |
19 Disclaimer |