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 | |
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.
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.
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.
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 |