(NACE Code: 23.99.2 Production of Mineral Insulating Materials)
GLOBAL MARKET
The total volume of global imports of mineral thermal insulation materials (mineral wool, slag wool, silicate wool, etc.) increased by 29.5% compared to 2020 and reached USD 5.7 billion in 2024.
REGIONAL MARKET
Over the past five years, the market of the Republic of Kazakhstan has shown an increase in imports of mineral thermal insulation materials (mineral wool, slag wool, silicate wool, etc.).
Thus, the import of mineral wool increased by 93.8% and amounted to USD 87.6 million in 2024.
The export volume of mineral thermal insulation materials (mineral wool, slag wool, silicate wool, etc.) from the Republic of Kazakhstan has grown over five years. Specifically, the export of mineral wool increased by 75.6% and amounted to USD 32.5 million in 2024.
PRODUCTION
Over the past five years, mineral wool production in Kazakhstan increased 1.8 times and amounted to 110.4 thousand tons in 2024.
MANUFACTURERS
There are 30 enterprises in Kazakhstan engaged in the production of mineral insulating materials, among them:
-
LLP Makinsk Insulation Plant (Akmola region) – the largest enterprise in Kazakhstan for the production of thermal insulation materials based on basalt rocks, with a capacity of 34,000 tons per year.
-
LLP Production and Trading Company IZOTERM (Ust-Kamenogorsk) – produces modern thermal insulation materials based on basalt fiber.
-
LLP MVI Plant (Ekibastuz) – produces mineral wool mats, basalt mats from thin and ultra-thin fibers, and thermal insulation boards.
RAW MATERIAL BASE
The highest-quality mineral wool can be obtained from gabbro-basalt rocks with the addition of carbonate rocks to regulate the acidity modulus.
Deposits of gabbro-basalt and carbonate rocks in Kazakhstan:
-
Bulandy stone quarry, Akmola region
-
Karauzek deposit, East Kazakhstan region
-
Sary-Biik porphyrite deposit, East Kazakhstan region
-
Dubirsai building stone deposit, West Kazakhstan region
-
Akshkolskoye diabase deposit, West Kazakhstan region
-
Berchogurskoye-3 diabase deposit, West Kazakhstan region
-
Mamyt building stone deposit, West Kazakhstan region
-
Sartauskoye-1 diabase deposit, West Kazakhstan region
-
Vostochny Zholaman deposit, Almaty region
As a binder component, bentonite clay is used.
Deposits of bentonite clay in Kazakhstan:
-
Tagan bentonite clay deposit, East Kazakhstan region
-
Akkalkan section bentonite clay deposit, East Kazakhstan region
-
Andreev bentonite clay deposit, South Kazakhstan region
Bitumen binders and synthetic resins
Bitumen plants in Kazakhstan:
-
LLP Pavlodar Petrochemical Plant
-
LLP JV CaspiBitum
-
LLP Gazpromneft-Bitum Kazakhstan
Producer of synthetic resins in Kazakhstan:
-
LLP F&MA (East Kazakhstan region)
POTENTIAL MARKETS
The total import volume of mineral thermal insulation materials in neighboring and partner countries amounted to USD 220.1 million. The largest share is accounted for by China (36.8%) and Turkey (14.8%), which purchase these products from Japan, the USA, Malaysia, Germany, the Netherlands, Poland, Slovenia, etc.
COMPETITIVE ADVANTAGES
-
Demand driven by the construction of new infrastructure and housing projects;
-
Availability of raw materials for production;
-
State support for investors and entrepreneurs;
-
Potential import substitution and export opportunities.
MEASURES OF STATE SUPPORT
Investment Preferences
-
Exemption from customs duties (0% for up to 5 years on imports);
-
Tax incentives (VAT, CIT, land tax, property tax – 0%);
-
In-kind grants (land plots, buildings, facilities, etc.);
-
Employment of foreign labor (FLE).
Preferences of Special Economic Zones
-
Tax incentives (CIT, land tax, property tax);
-
Customs preferences (import of raw materials and equipment);
-
Land with ready infrastructure (free lease of land plots);
-
Simplified procedure for hiring FLE (employment outside quotas).
Economy of Simple Things
-
Subsidizing (Base rate of the National Bank of Kazakhstan + 4.5%, final rate for borrower 7%), with no restrictions on the amount;
-
Guaranteeing (up to 50% for loans up to KZT 1 billion and up to 30% for loans from KZT 3 to 5 billion inclusive).
Support for SMEs (www.damu.kz)
-
Small and medium-sized enterprises
-
Maximum amount: up to KZT 3 billion
-
Subsidy rate: final rate for borrower from 8% to 10%
-
Loan purposes: investments, working capital replenishment, refinancing
Support for SMEs and Large Enterprises (www.damu.kz)
-
Small, medium, and large enterprises
-
Maximum amount: up to KZT 15 billion
-
Subsidy rate: final rate for borrower from 8% to 10%
-
Loan purposes: investments
