Jun.2024 22
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Under the background of "dual carbon goals", the rock wool market is booming
Details
As an important product in the field of building insulation materials, rock wool not only has good thermal insulation properties, but also has good sound insulation properties. 
With the improvement of people's requirements for quality of life, the demand for rock wool in China has gradually increased in recent years.
While meeting domestic demand, some products are mainly used for export. From January to May 2023, China's rock wool export volume has completed 65,122.5 tons, 
the export volume has completed 100.781 million U.S. dollars; the import volume is 2009.8 tons, the import volume was US$12.341 million.
From the perspective of export destinations, China's rock wool was mainly exported to Vietnam, Thailand, Malaysia, Taiwan, Indonesia, 
and the Philippines from January to May 2023. , Hong Kong, China, Singapore, Japan, Mexico and other places.
The materials required by the upstream industries of the rock wool products industry are mainly basalt, coke, dolomite and other materials. 
Most of them are waste recycling, and currently domestic supply is relatively sufficient. The downstream industries of the rock wool products industry include industry, 
construction, agriculture, transportation and other industries. The prosperity of the downstream industries directly affects the market demand for rock wool products. 
Therefore, the market size of the rock wool products industry is greatly affected by the national energy conservation and environmental protection, 
insulation material industry regulatory policies, and macroeconomic prosperity. Rock wool products are widely used in industry, construction, agriculture, transportation and other fields.