Forecast: Import of Slag Wool, Rock Wool and Similar Mineral Wools  to India

In 2023, the import of slag wool, rock wool, and similar mineral wools to India stood at 2.94 million kilograms. The forecasted data from 2024 to 2028 shows a downward trend, with import volumes steadily decreasing each year. The year-on-year change from 2024 to 2025 is a reduction of 1.77%, followed by decreases of 1.77%, 1.78%, and 1.76% in the subsequent years. The compound annual growth rate (CAGR) over this five-year period is approximately -1.74%, indicating a consistent decline in imports.

Future trends to watch for include:

  • The impact of local manufacturing capabilities on import needs.
  • Potential shifts in regulatory or environmental policies affecting demand.
  • Innovations in insulation materials that might reduce reliance on mineral wools.

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