In 2023, Germany led global exports of mineral heat or sound insulating materials with a value of 468.13 million USD, followed by the United States and Japan. Notable year-on-year growth was observed in Thailand and Colombia, while Ukraine showed a significant decline. Over the past five years, countries like China and Hungary have demonstrated sustained growth, while some European markets like Belgium and Italy have contracted slightly. Blocs such as Eastern Europe, notably Serbia and Romania, have shown promising gains.
Future trends highlight the need to monitor technological advancements and environmental regulations. Countries investing in sustainable materials and innovative insulating technologies may capture increased market share. Emerging markets, particularly in Asia and Africa, present potential growth opportunities due to rising construction demands and energy efficiency initiatives.
Top countries in Export of Mineral Heat or Sound Insulating Materials and Articles by Country
| # | 10 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 468,130,000 | 2023 | +1.96% | +1.84% | View data |
| 2 | 2 United States | 334,610,000 | 2023 | +2.13% | +2.79% | View data |
| 3 | 3 Japan | 172,190,000 | 2023 | +0.52% | -0.4% | View data |
| 4 | 4 China | 153,480,000 | 2023 | +3.69% | +2.9% | View data |
| 5 | 5 Belgium | 126,740,000 | 2023 | -0.29% | -0.62% | View data |
| 6 | 6 United Kingdom | 118,930,000 | 2023 | +0.85% | +0.35% | View data |
| 7 | 7 Hungary | 98,928,000 | 2023 | +4.94% | +5.76% | View data |
| 8 | 8 Canada | 72,563,000 | 2023 | +4.9% | +6.43% | View data |
| 9 | 9 Ireland | 54,415,000 | 2023 | +4.71% | +4.08% | View data |
| 10 | 10 France | 49,959,000 | 2023 | -0.98% | -1.73% | View data |
