India Mineral Fiber Market (2025-2031) | Revenue, Companies, Share, Growth, Trends, Value, Analysis, Forecast, Size, Outlook, Industry

Market Forecast By Types (Glasswool, Stonewool, Rockwool, Slagwool, Glass Filaments, Ceramic Fibres), By Application (Thermal Insulation, Acoustic Insulation, Fire Protection, Others), By End-Users (Ceiling boards, Blankets, Panels and Tiles, Others), By Building Type (Residential, Commercial, Public) And Competitive Landscape
Product Code: ETC042964 Publication Date: Jun 2023 Updated Date: Feb 2025 Product Type: Report
Publisher: 6Wresearch No. of Pages: 70 No. of Figures: 35 No. of Tables: 5

India Mineral Fiber Market Synopsis

The India Mineral Fiber Market is expected to grow at a CAGR of around 8.3% during 2025-2031, driven by the growing demand for mineral fiber insulation materials in residential and non-residential construction projects across the country. Mineral fibers are made from natural rocks such as basalt, glass wool, slag wool, ceramic fiber and other various minerals which are melted at high temperatures and then spun into thin fibers that can be used in a variety of applications such as thermal insulation, acoustic insulation and fire protection. Mineral fiber products offer superior thermal performance along with excellent sound absorption properties when compared to their conventional counterparts like EPS or XPS boards. Furthermore, these products have no health hazards associated with them due to their inert nature which makes them ideal solutions for both indoor & outdoor applications including roofing systems, wall partitions etc.

Drivers of the Market:

1) Growth in Infrastructure Spending ? The Indian government?s focus on infrastructure development has been driving the growth of the mineral fiber market in India over recent years. This investment has led to an increase in construction activities which subsequently drives up the demand for mineral fibers owing to their superior advantages over conventional insulation material options like EPS/XPS Boards etc., thereby boosting the overall industry growth prospects going forward.

2) Technological Advancements ? Various technological advancements have been instrumental towards enhancing the product capabilities offered by mineral fibers manufacturers thus helping drive further adoption amongst consumers across different end user industries such as HVAC installations where these materials provide remarkable energy efficiency gains through better heat retention qualities than regular fiberglass or cellulose insulations materials used earlier on wide scale bases within this sector.

Key Players of the Market:

High Cost of Raw Materials - The increasing costs of raw materials used in manufacturing processes has posed a challenge for players operating within this market space since it affects margins negatively due to rising input prices while simultaneously impacting profit dynamics adversely as well leading some manufacturers look outwards towards foreign markets for sourcing inputs more cost effectively than what is available domestically within India itself.

Key Highlights of the Report:

  • India Mineral Fiber Market Outlook
  • Market Size of India Mineral Fiber Market, 2024
  • Forecast of India Mineral Fiber Market, 2031
  • Historical Data and Forecast of India Mineral Fiber Revenues & Volume for the Period 2021-2031
  • India Mineral Fiber Market Trend Evolution
  • India Mineral Fiber Market Drivers and Challenges
  • India Mineral Fiber Price Trends
  • India Mineral Fiber Porter's Five Forces
  • India Mineral Fiber Industry Life Cycle
  • Historical Data and Forecast of India Mineral Fiber Market Revenues & Volume By Types for the Period 2021-2031
  • Historical Data and Forecast of India Mineral Fiber Market Revenues & Volume By Glasswool for the Period 2021-2031
  • Historical Data and Forecast of India Mineral Fiber Market Revenues & Volume By Stonewool for the Period 2021-2031
  • Historical Data and Forecast of India Mineral Fiber Market Revenues & Volume By Rockwool for the Period 2021-2031
  • Historical Data and Forecast of India Mineral Fiber Market Revenues & Volume By Slagwool for the Period 2021-2031
  • Historical Data and Forecast of India Mineral Fiber Market Revenues & Volume By Glass Filaments for the Period 2021-2031
  • Historical Data and Forecast of India Mineral Fiber Market Revenues & Volume By Ceramic Fibres for the Period 2021-2031
  • Historical Data and Forecast of India Mineral Fiber Market Revenues & Volume By Application for the Period 2021-2031
  • Historical Data and Forecast of India Mineral Fiber Market Revenues & Volume By Thermal Insulation for the Period 2021-2031
  • Historical Data and Forecast of India Mineral Fiber Market Revenues & Volume By Acoustic Insulation for the Period 2021-2031
  • Historical Data and Forecast of India Mineral Fiber Market Revenues & Volume By Fire Protection for the Period 2021-2031
  • Historical Data and Forecast of India Mineral Fiber Market Revenues & Volume By Others for the Period 2021-2031
  • Historical Data and Forecast of India Mineral Fiber Market Revenues & Volume By End-Users for the Period 2021-2031
  • Historical Data and Forecast of India Mineral Fiber Market Revenues & Volume By Ceiling boards for the Period 2021-2031
  • Historical Data and Forecast of India Mineral Fiber Market Revenues & Volume By Blankets for the Period 2021-2031
  • Historical Data and Forecast of India Mineral Fiber Market Revenues & Volume By Panels and Tiles for the Period 2021-2031
  • Historical Data and Forecast of India Mineral Fiber Market Revenues & Volume By Others for the Period 2021-2031
  • Historical Data and Forecast of India Mineral Fiber Market Revenues & Volume By Building Type for the Period 2021-2031
  • Historical Data and Forecast of India Mineral Fiber Market Revenues & Volume By Residential for the Period 2021-2031
  • Historical Data and Forecast of India Mineral Fiber Market Revenues & Volume By Commercial for the Period 2021-2031
  • Historical Data and Forecast of India Mineral Fiber Market Revenues & Volume By Public for the Period 2021-2031
  • India Mineral Fiber Import Export Trade Statistics
  • Market Opportunity Assessment By Types
  • Market Opportunity Assessment By Application
  • Market Opportunity Assessment By End-Users
  • Market Opportunity Assessment By Building Type
  • India Mineral Fiber Top Companies Market Share
  • India Mineral Fiber Competitive Benchmarking By Technical and Operational Parameters
  • India Mineral Fiber Company Profiles
  • India Mineral Fiber Key Strategic Recommendations

Frequently Asked Questions About the Market Study (FAQs):

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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 India Mineral Fiber Market Overview

3.1 India Country Macro Economic Indicators

3.2 India Mineral Fiber Market Revenues & Volume, 2021 & 2031F

3.3 India Mineral Fiber Market - Industry Life Cycle

3.4 India Mineral Fiber Market - Porter's Five Forces

3.5 India Mineral Fiber Market Revenues & Volume Share, By Types, 2021 & 2031F

3.6 India Mineral Fiber Market Revenues & Volume Share, By Application, 2021 & 2031F

3.7 India Mineral Fiber Market Revenues & Volume Share, By End-Users, 2021 & 2031F

3.8 India Mineral Fiber Market Revenues & Volume Share, By Building Type, 2021 & 2031F

4 India Mineral Fiber Market Dynamics

4.1 Impact Analysis

4.2 Market Drivers

4.3 Market Restraints

5 India Mineral Fiber Market Trends

6 India Mineral Fiber Market, By Types

6.1 India Mineral Fiber Market, By Types

6.1.1 Overview and Analysis

6.1.2 India Mineral Fiber Market Revenues & Volume, By Types, 2021-2031F

6.1.3 India Mineral Fiber Market Revenues & Volume, By Glasswool, 2021-2031F

6.1.4 India Mineral Fiber Market Revenues & Volume, By Stonewool, 2021-2031F

6.1.5 India Mineral Fiber Market Revenues & Volume, By Rockwool, 2021-2031F

6.1.6 India Mineral Fiber Market Revenues & Volume, By Slagwool, 2021-2031F

6.1.7 India Mineral Fiber Market Revenues & Volume, By Glass Filaments, 2021-2031F

6.1.8 India Mineral Fiber Market Revenues & Volume, By Ceramic Fibres, 2021-2031F

6.2 India Mineral Fiber Market, By Application

6.2.1 Overview and Analysis

6.2.2 India Mineral Fiber Market Revenues & Volume, By Thermal Insulation, 2021-2031F

6.2.3 India Mineral Fiber Market Revenues & Volume, By Acoustic Insulation, 2021-2031F

6.2.4 India Mineral Fiber Market Revenues & Volume, By Fire Protection, 2021-2031F

6.2.5 India Mineral Fiber Market Revenues & Volume, By Others, 2021-2031F

6.3 India Mineral Fiber Market, By End-Users

6.3.1 Overview and Analysis

6.3.2 India Mineral Fiber Market Revenues & Volume, By Ceiling boards, 2021-2031F

6.3.3 India Mineral Fiber Market Revenues & Volume, By Blankets, 2021-2031F

6.3.4 India Mineral Fiber Market Revenues & Volume, By Panels and Tiles, 2021-2031F

6.3.5 India Mineral Fiber Market Revenues & Volume, By Others, 2021-2031F

6.4 India Mineral Fiber Market, By Building Type

6.4.1 Overview and Analysis

6.4.2 India Mineral Fiber Market Revenues & Volume, By Residential, 2021-2031F

6.4.3 India Mineral Fiber Market Revenues & Volume, By Commercial, 2021-2031F

6.4.4 India Mineral Fiber Market Revenues & Volume, By Public, 2021-2031F

7 India Mineral Fiber Market Import-Export Trade Statistics

7.1 India Mineral Fiber Market Export to Major Countries

7.2 India Mineral Fiber Market Imports from Major Countries

8 India Mineral Fiber Market Key Performance Indicators

9 India Mineral Fiber Market - Opportunity Assessment

9.1 India Mineral Fiber Market Opportunity Assessment, By Types, 2021 & 2031F

9.2 India Mineral Fiber Market Opportunity Assessment, By Application, 2021 & 2031F

9.3 India Mineral Fiber Market Opportunity Assessment, By End-Users, 2021 & 2031F

9.4 India Mineral Fiber Market Opportunity Assessment, By Building Type, 2021 & 2031F

10 India Mineral Fiber Market - Competitive Landscape

10.1 India Mineral Fiber Market Revenue Share, By Companies, 2024

10.2 India Mineral Fiber Market Competitive Benchmarking, By Operating and Technical Parameters

11 Company Profiles

12 Recommendations

13 Disclaimer

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