Mineral Wool Manufacturing - Market Size, Financial Statistics, Industry Trends

Industry Overview

This U.S. industry comprises establishments primarily engaged in manufacturing mineral wool and mineral wool (i.e., fiberglass) insulation products made of such siliceous materials as rock, slag, and glass or combinations thereof. Cross-References.
Source: U.S. Census Bureau

Mineral Wool Manufacturing Market Size

This report includes historical and forecasted market sizes and industry trends for Mineral Wool Manufacturing. It reveals overall market dynamics from 2020 through the present, and predicts industry growth or shrinkage through 2030. Revenue data include both public and private companies in the Mineral Wool Manufacturing industry.

Historical Forecasted
2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030
Market Size (Total Revenue)

Included in Report

% Growth Rate
Number of Companies
Total Employees
Average Revenue per Company
Average Employees per Company
Source: U.S. government financial data

Industry Revenue ($ Billions)

Mineral Wool Manufacturing Industry Market Size
  • 2018
  • 2019
  • 2020
  • 2021
  • 2022
  • 2023
  • 2024

Industry Forecast ($ Billions)

Mineral Wool Manufacturing Industry Forecast
  • 2024
  • 2025
  • 2026
  • 2027
  • 2028
  • 2029
  • 2030


Pell Research's advanced econometric models forecast five years of industry growth based on short- and long-term trend analysis. Market size statistics include revenue generated from all products and services sold within the Mineral Wool Manufacturing industry.

Geographic Breakdown by U.S. State

Mineral Wool Manufacturing market share by state pinpoints local opportunities based on regional revenue statistics. Growth rate for each state is affected by regional economic conditions. Data by state can be used to locate profitable and nonprofitable locations for Mineral Wool Manufacturing companies in the United States.

Industry Revenue by State [Sample]

Market Size by State

Distribution by Company Size

Company Size All Industries Mineral Wool Manufacturing
Small Business (< 5 Employees)

Included

Small Business (5 - 20)
Midsized Business (20 - 100)
Large Business (100 - 500)
Enterprise (> 500)

Industry Income Statement (Average Financial Metrics)

Financial statement analysis determines averages for the following industry forces:
The report includes a traditional income statement from an "average" Mineral Wool Manufacturing company (both public and private companies are included).

Industry Average Percent of Sales
Total Revenue

Included

Operating Revenue
Cost of Goods Sold (COGS)
Gross Profit
Operating Expenses
Operating Income
Non-Operating Income
Earnings Before Interest and Taxes (EBIT)
Interest Expense
Earnings Before Taxes
Income Tax
Net Profit


Average Income Statement

Average Income Statement

Cost of Goods Sold

Salaries, Wages, and Benefits

Rent

Advertising

Depreciation and Amortization

Officer Compensation

Net Income


Financial Ratio Analysis

Financial ratios allow a company's performance to be compared against that of its peers.

Financial RatioIndustry Average
Profitability Ratios

Included

Profit Margin
ROE
ROA
Liquidity Ratios
Current Ratio
Quick Ratio
Activity Ratios
Average Collection Period
Asset Turnover Ratio
Receivables Turnover Ratio
Inventory Conversion Ratio

Products and Services Mix

Product lines and services in the Mineral Wool Manufacturing industry accounting for the largest revenue sources.

Product Description Description Revenue
($ Millions)

Mineral wool manufacturing

Included

Mineral wool for thermal and acoustical envelope insulation

Loose/granulated fiber, thermal/acoustical envelope insulation

Building batts/blankets/rolls, R19/more, thermal/acoustical

Building batts, blankets, and rolls, R19/less

Building batts, blankets, and rolls, R11 to R18.9

Building batts, blankets, and rolls, R10.9/less

Acoustical, such as wall and ceiling (acoustical insulation)

Board (including roof insulation) and other mineral wool

Board, mineral wool, thermal/acoustical


Compensation and Salary Surveys

Salary information for employees working in the Mineral Wool Manufacturing industry.

TitlePercent of Workforce Bottom Quartile Average (Median) Salary Upper Quartile
Management Occupations 4%

Included

Chief Executives 0%
General and Operations Managers 2%
Office and Administrative Support Occupations 9%
Construction and Extraction Occupations 6%
Installation, Maintenance, and Repair Occupations 6%
Production Occupations 40%
Other Production Occupations 28%
Crushing, Grinding, Polishing, Mixing, and Blending Workers 5%
Miscellaneous Production Workers 10%
Molders, Shapers, and Casters, Except Metal and Plastic 6%
Transportation and Material Moving Occupations 26%
Motor Vehicle Operators 17%
Driver/Sales Workers and Truck Drivers 17%
Heavy and Tractor-Trailer Truck Drivers 16%
Material Moving Workers 8%
Laborers and Material Movers, Hand 5%

Government Contracts

The federal government spent an annual total of $928,406 on the Mineral Wool Manufacturing industry. It has awarded 130 contracts to 10 companies, with an average value of $92,841 per company.

Top Companies in Mineral Wool Manufacturing and Adjacent Industries

Company Address Revenue
($ Millions)

Included