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News European mineral wool insulation market to reach €9.44bn in 2028

European mineral wool insulation market to reach €9.44bn in 2028

Written by Global Insulation staff
17 October 2024
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Europe: Market research company Freedonia Group has forecast a 3% composite annual growth rate in European insulation demand over the five-year period between 2023 and 2028. This will result in a market value of €9.44bn, corresponding to volumes of 3.2Mt, in 2028. Drivers of the anticipated growth include tighter fire safety regulations and the cost effectiveness of mineral wool insulation.

Last modified on 31 October 2024
Published in Global Insulation News
Tagged under
  • Europe
  • Mineral Wool
  • market
  • outlook
  • demand
  • Consumption
  • price
  • Forecast
  • GGM59

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