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0 0 0.00026421475375191 0.00100401606425702 -0.00272141196364398 -0.00171739589938696 -0.0033819488480236 -0.0034876347495244
Stock impact report

Demand for Mineral Wool Insulation in Europe to Reach $8.7 billion in 2028 [Yahoo! Finance]

Owens Corning Inc New (OC) 
Last owens corning inc new earnings: 4/29 06:00 am Check Earnings Report
Company Research Source: Yahoo! Finance
CLEVELAND Oct. 15, 2024 /PRNewswire/ -- According to the new , mineral wool was the largest insulation material market in value terms in 2023. While used primarily in building applications due to its flame resistance, high-temperature resistance also supports mineral wool use in industrial applications. Mineral wool insulation is produced in batts or as loose fill. Western Europe accounts for the second largest share of mineral wool volume demand globally. This is largely attributable to the emphasis on fire resistance in many of the area's building codes, as well as being home to ROCKWOOL, Saint-Gobain, Knauf, and Owens Corning's Paroc Group. Market value for mineral wool insulation in Europe is projected to rise 2.6% annually to $8.7 billion . Volume demand is expected to reach 3.2 million metric tons, supported by: increasingly stringent fire safety policies throughout the region, benefiting suppliers of mineral wool due to its superior fire resistance properties its cost Show less Read more
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