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

Market Forecast By Product Type (Rock Wool, Glass Wool), By Form Types (Board, Blankets, Panel, Others), By Applications (Building & Construction, Industrial, Transportation, Others) And Competitive Landscape
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

Thailand Mineral Wool Market Size Growth Rate


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.

Thailand Mineral Wool Market Size Growth Rate

Mineral Wool Market: Thailand vs Top 5 Major Economies in 2027 (Asia)


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 Market: Thailand vs Top 5 Major Economies in 2027 (Asia)

Thailand Mineral Wool Market Synopsis

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.

Market Drivers

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.

Challenges of the Market

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 .

Covid-19 Impact on the Market

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).

Key Players of the Market

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.

Key Highlights of the Report:

  • Thailand Mineral Wool Market Outlook
  • Market Size of Thailand Mineral Wool Market, 2024
  • Forecast of Thailand Mineral Wool Market, 2031
  • Historical Data and Forecast of Thailand Mineral Wool Revenues & Volume for the Period 2021-2031
  • Thailand Mineral Wool Market Trend Evolution
  • Thailand Mineral Wool Market Drivers and Challenges
  • Thailand Mineral Wool Price Trends
  • Thailand Mineral Wool Porter's Five Forces
  • Thailand Mineral Wool Industry Life Cycle
  • Historical Data and Forecast of Thailand Mineral Wool Market Revenues & Volume By Product Type for the Period 2021-2031
  • Historical Data and Forecast of Thailand Mineral Wool Market Revenues & Volume By Rock Wool for the Period 2021-2031
  • Historical Data and Forecast of Thailand Mineral Wool Market Revenues & Volume By Glass Wool for the Period 2021-2031
  • Historical Data and Forecast of Thailand Mineral Wool Market Revenues & Volume By Form Types for the Period 2021-2031
  • Historical Data and Forecast of Thailand Mineral Wool Market Revenues & Volume By Board for the Period 2021-2031
  • Historical Data and Forecast of Thailand Mineral Wool Market Revenues & Volume By Blankets for the Period 2021-2031
  • Historical Data and Forecast of Thailand Mineral Wool Market Revenues & Volume By Panel for the Period 2021-2031
  • Historical Data and Forecast of Thailand Mineral Wool Market Revenues & Volume By Others for the Period 2021-2031
  • Historical Data and Forecast of Thailand Mineral Wool Market Revenues & Volume By Applications for the Period 2021-2031
  • Historical Data and Forecast of Thailand Mineral Wool Market Revenues & Volume By Building & Construction for the Period 2021-2031
  • Historical Data and Forecast of Thailand Mineral Wool Market Revenues & Volume By Industrial for the Period 2021-2031
  • Historical Data and Forecast of Thailand Mineral Wool Market Revenues & Volume By Transportation for the Period 2021-2031
  • Historical Data and Forecast of Thailand Mineral Wool Market Revenues & Volume By Others for the Period 2021-2031
  • Thailand Mineral Wool Import Export Trade Statistics
  • Market Opportunity Assessment By Product Type
  • Market Opportunity Assessment By Form Types
  • Market Opportunity Assessment By Applications
  • Thailand Mineral Wool Top Companies Market Share
  • Thailand Mineral Wool Competitive Benchmarking By Technical and Operational Parameters
  • Thailand Mineral Wool Company Profiles
  • Thailand Mineral Wool 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 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

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