Product Code: ETC008205 | Publication Date: Jul 2023 | Updated Date: Apr 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
The Thailand Mineral Wool Market is likely to experience consistent growth rate gains over the period 2025 to 2029. From 2.60% in 2025, the growth rate steadily ascends to 8.32% in 2029.
The Mineral Wool market in Thailand is projected to grow at a stable growth rate of 3.36% by 2027, within the Asia region led by China, along with other countries like India, Japan, Australia and South Korea, collectively shaping a dynamic and evolving market environment driven by innovation and increasing adoption of emerging technologies.
Mineral Wool is a type of insulation made from natural rock or slag wool. It has been used in Thailand for decades and is widely known as one of the most energy efficient types of insulation available. The material helps to reduce indoor air pollution, preserve interior temperatures, and can even act as a sound barrier. Mineral wool insulations are also notable for being non-combustible, which gives it an advantage over other forms of insulation such as fiberglass and cellulose.
The rising demand for mineral wool in Thailand is driven by several factors such as increasing awareness about its thermal efficiency, rising electricity prices, stringent government regulations on energy consumption and emissions reduction requirements etc. Moreover, the growing trend towards green building initiatives that emphasize high levels of building performance have led to increased investments into sustainable materials like mineral wools that offer excellent thermal efficiency with minimal environmental impact. Furthermore, the construction sector???s wide acceptance and appreciation for mineral wool due to its easy installation process further drives up market growth prospects in this region.
Despite all these drivers mentioned above driving up demand for mineral wools in Thailand; there still exists some challenges hindering its full potential market penetration rate within this country`s economy such as lack of knowledge regarding benefits offered by this product along with higher cost associated with it compared to other conventional insulating materials like fiberglass etc., limited availability at local markets due to low supply from manufacturers & distributors etc., thus limiting access & usage among consumers across different economic strata here .
The COVID-19 pandemic had resulted severe disruption through worldwide economies including manufacturing industries involved in production/supply chains related to Mineral Wool products leading slowdown on various projects involving their application during 2025???2025 period alongwith decreased consumer buying power resulting into reduced sales volume across regions including Thailand too; however looking ahead post 2025 - improved conditions are expected after gradual recovery observed since mid2025 onwards; reinforcing overall industry outlook during forecast timeframe (2025???2031).
Some key players operating within Thailand Mineral Wool Market include Knauf Insulation GmbH, Rockwool International A/S, Owens Corning Corporation, Johns Manville Corporation, BASF SE amongst others.
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 Thailand Mineral Wool Market Overview |
3.1 Thailand Country Macro Economic Indicators |
3.2 Thailand Mineral Wool Market Revenues & Volume, 2021 & 2031F |
3.3 Thailand Mineral Wool Market - Industry Life Cycle |
3.4 Thailand Mineral Wool Market - Porter's Five Forces |
3.5 Thailand Mineral Wool Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Thailand Mineral Wool Market Revenues & Volume Share, By Form Types, 2021 & 2031F |
3.7 Thailand Mineral Wool Market Revenues & Volume Share, By Applications, 2021 & 2031F |
4 Thailand Mineral Wool Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Thailand Mineral Wool Market Trends |
6 Thailand Mineral Wool Market, By Types |
6.1 Thailand Mineral Wool Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Thailand Mineral Wool Market Revenues & Volume, By Product Type, 2021-2031F |
6.1.3 Thailand Mineral Wool Market Revenues & Volume, By Rock Wool, 2021-2031F |
6.1.4 Thailand Mineral Wool Market Revenues & Volume, By Glass Wool, 2021-2031F |
6.2 Thailand Mineral Wool Market, By Form Types |
6.2.1 Overview and Analysis |
6.2.2 Thailand Mineral Wool Market Revenues & Volume, By Board, 2021-2031F |
6.2.3 Thailand Mineral Wool Market Revenues & Volume, By Blankets, 2021-2031F |
6.2.4 Thailand Mineral Wool Market Revenues & Volume, By Panel, 2021-2031F |
6.2.5 Thailand Mineral Wool Market Revenues & Volume, By Others, 2021-2031F |
6.3 Thailand Mineral Wool Market, By Applications |
6.3.1 Overview and Analysis |
6.3.2 Thailand Mineral Wool Market Revenues & Volume, By Building & Construction, 2021-2031F |
6.3.3 Thailand Mineral Wool Market Revenues & Volume, By Industrial, 2021-2031F |
6.3.4 Thailand Mineral Wool Market Revenues & Volume, By Transportation, 2021-2031F |
6.3.5 Thailand Mineral Wool Market Revenues & Volume, By Others, 2021-2031F |
7 Thailand Mineral Wool Market Import-Export Trade Statistics |
7.1 Thailand Mineral Wool Market Export to Major Countries |
7.2 Thailand Mineral Wool Market Imports from Major Countries |
8 Thailand Mineral Wool Market Key Performance Indicators |
9 Thailand Mineral Wool Market - Opportunity Assessment |
9.1 Thailand Mineral Wool Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Thailand Mineral Wool Market Opportunity Assessment, By Form Types, 2021 & 2031F |
9.3 Thailand Mineral Wool Market Opportunity Assessment, By Applications, 2021 & 2031F |
10 Thailand Mineral Wool Market - Competitive Landscape |
10.1 Thailand Mineral Wool Market Revenue Share, By Companies, 2024 |
10.2 Thailand Mineral Wool Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |