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Mineral Wool Is Estimated To Witness High Growth Owing To Opportunity Of Thermal Insulation12/28/2023 Mineral wool refers to fibrous material formed by spinning or weaving mineral or slag wool. It consists of low-density materials such as glass fibers or rock wool. Mineral wool offers numerous advantages such as high fire resistance, moisture and corrosion resistance, and acoustic insulation. These properties make mineral wool an ideal material for applications such as thermal insulation in construction, acoustic insulation, fire protection, and horticulture market. The global Mineral Wool Market is estimated to be valued at Us$ 17616.87 Mn in 2023 and is expected to exhibit a CAGR Of 5.9% over the forecast period 2023-2030, as highlighted in a new report published by Coherent Market Insights.
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