Description
Acoustic insulation is referred to as the technique of curtailing the noise pollution. This reduction of noise can be amidst rooms in building, open areas in a factory, public places and also in the transport sector. Acoustic insulation is obtained by installing the required materials in the walls, floors and even in roof as to minimize the transfer of airborne noise. Increased awareness of the adverse effects of noise pollution on human health and well-being has driven the demand for acoustic insulation in residential, commercial, and industrial buildings. Governments and regulatory bodies have also imposed noise control regulations, further boosting the market. Further, the booming construction industry, especially in urban areas, has led to a higher demand for soundproofing materials in buildings, offices, hotels, hospitals, and educational institutions. On the contrary, the supply chain disruptions are likely to hamper the acoustic insulation market growth. The Acoustic Insulation Market is anticipated to grow at the rate of 4% CAGR by 2028.
Acoustic Insulation Market on the basis of Type
• Glass Wool
• Rock Wool
• Foamed Plastics
• Others
Acoustic Insulation Market on the basis of End-use industry
• Building & Construction
• Transportation
• Manufacturing & Processing
• Others
Acoustic Insulation Market on the basis of Geography
• North America
• Asia Pacific
• Europe
• Rest of the World
Based on the type, the market is categorized into glass wool, rock wool, foamed plastics and others. Among them the foamed plastic segment has a dominant share in the market. Beneficial characteristics such as lightweight and heat & noise absorption properties make the product more compatible for decorative purpose including interior roofs of hotels, conference halls, theatres, hospitals, and many more. Increasing demand for the EPS foamed plastic in number of industrial and transportation fields among developing economies will further drive the market growth. Furthermore, key advantages such as quick and less-cost installation, efficient absorption of penetrating forces, and effective fire resistance will increase the complete acoustic insulation market demand.
Further the end users of the acoustic insulation market include Building & Construction, Transportation, Manufacturing & Processing and Others. The building and construction segment has the highest share in the acoustic insulation market. Rising inclination towards eco-friendly buildings providing effective acoustic and thermal insulation needed in residential, commercial and industrial purpose will boost the market growth. Noteworthy properties of insulation materials such as high fire resistant, dimensional firmness, eco-friendly property and resistance to chemical are among the key factors positively impacting the product demand.
As per the geography the key of the market are North America, Asia Pacific, Europe and rest of the world. Asia Pacific region accounted for the largest share of the acoustic insulation market. Asia Pacific is determined to be the high potential geographical region on account of rising building and construction as well as transportation sectors. Growing manufacturing bases in the region along with expanding transportation sector is projected to trigger the regional growth over the prevailing years.
The global acoustic insulation market is majorly influenced by the sustainable and eco-friendly solutions around the world. There was an increasing emphasis on sustainable and eco-friendly acoustic insulation materials. Consumers and industries were seeking products with low environmental impact and high recyclability, leading to the development of more eco-conscious solutions in the market.
This report also includes the key vendor’s profiles of the acoustic insulation market are Fletcher Insulation Pty Limited, Johns Manville Inc., Paroc Group OY, Kingspan Group plc, Saint-Gobain SA, Rockwool International, Knauf Insulation, Owens Corning, BASF SE and Armacell International.
As a result, the acoustic insulation has an eminent role in the increasing population across the world which has reduced the privacy among people. Moreover, in the present scenario mostly in the commercial buildings the concern for employee comfort level has increased where demand for the acoustic insulation has increased.
• This report depicts the accurate evaluation of the acoustic insulation market size and its share in the parent market
• Precise estimations of forthcoming trends and changes in market dynamics are also included in this report
• This report provides the growth of the acoustic insulation market industry across North America, Asia Pacific, Europe, rest of the world.
• A complete analysis of the market's competitive outlook and detailed information of vendors is depicted in the study.
• Exclusive details of factors which will challenge the growth of acoustic insulation market players.