Acoustic Insulation Market by Material Type (Stone Wool, Glass Wool, Plastic Foam, and Others), Sales Channel (In Store and Online), and End User (Building & Construction, Industrial, and Transportation): Global Opportunity Analysis and Industry Forecast, 2021–2030
The global acoustic insulation market size was valued at $12,274.9 million in 2020, and is projected to reach $21,205.7 million by 2030, registering a CAGR of 5.6% from 2021 to 2030. Acoustic insulation is a form of soundproofing technology that minimizes sound output by buildings in a room as well as acoustic reverberation by establishing a barrier of an insulating material between interior and exterior sections, preventing sound transmission in an enclosed space. Acoustic design is a major aspect of architecture and construction, which is used in insulation systems to ensure that buildings have correct acoustic quality. This insulation prevents sound waves from being deflected and allows them to pass through cell structure unimpeded.
Expanding middle-class population in both developed and emerging nations is driving up demand for acoustic, heating, and cooling systems for comfort. Acoustic insulation provides a number of benefits, including reducing external disturbance generated by traffic, neighbors, and other noisy activities. In addition, acoustic insulation materials have various advantages such as improved fire and heat resistance, as well as lower energy usage. In specialized professional locations such as recording studios, opera halls, and theatres, they also assist eliminate reverberations and preserve a flawless acoustic environment. The acoustic insulation industry is being driven by rising quality of living and infrastructure operations in buildings in both developed and developing nations. Furthermore, economic expansion in countries such as India and China leads to increased energy usage. Building and construction, as well as transportation sectors in Asia-Pacific are quickly expanding, driving demand for acoustic insulation products.
Acoustic insulations are utilized in end user such as construction, transportation, and industrial. Expansion of the acoustic insulation market in the building & construction sector is driven by factors such as new emerging technologies, increased & improved sound sources in houses, and awareness regarding noise pollution. Europe has strong industrial base, therefore, the demand for acoustic insulation in Europe is driven by rise in need for soundproofing in this region. Energy transition in Europe, as well as a growing noise pollution are becoming increasingly crucial. According to Article 1490 cc, insufficient soundproofing is deemed a flaw that reduces the value of properties. As a result of these considerations, Europe has become a prominent acoustic insulation market.
The global acoustic insulation market is segmented on the basis of material type, sales channel, end user, and region. By material type, the market is categorized into stone wool, glass wool, plastic foam, and others. By sales channel, it is divided into in store and online. Depending on end user, it is fragmented into building construction, industrial, and transportation. Region wise, the global market analysis is conducted across North America (the U.S., Canada, and Mexico), Europe (the UK, France, Germany, Italy, and Rest of Europe), Asia-Pacific (China, Japan, India, South Korea, and Rest of Asia-Pacific), and LAMEA (Latin America, the Middle East, and Africa).
COMPETITION ANALYSIS
Key companies profiled in the acoustic insulation market report include Johns Manville, Rockwool International A/S, Owens Corning, Fletcher Insulation, Knauf Gips KG, Trelleborg AB, Saint-Gobain S.A., Paroc Group Oy, Armacell GmbH, and BASF SE.
KEY BENEFITS FOR STAKEHOLDERS
The report provides an extensive analysis of the current and emerging acoustic insulations market trends and dynamics.
In-depth market analysis is conducted by acoustic insulation market estimations for the key market segments between 2020 and 2030.
Extensive analysis of the acoustic insulation market is conducted by following key product positioning and monitoring of top competitors within the market framework.
A comprehensive analysis of all regions is provided to determine the prevailing opportunities.
The global acoustic insulation market forecast analysis from 2021 to 2030 is included in the report.
The key market players within Acoustic insulations market are profiled in this report and their strategies are analyzed thoroughly, which help understand the competitive outlook of the acoustic insulation industry.
KEY SEGMENTS
ACOUSTIC INSULATION MARKET SEGMENTS
BY MATERIAL TYPE
Stone Wool
Glass Wool
Plastic Foam
Others
BY SALES CHANNEL
In Store
Online
BY END USER
Building Construction
Industrial
Transportation
BY REGION
North America
U.S.
Canada
Mexico
Europe
Germany
UK
France
Italy
Rest of Europe
Asia-Pacific
China
India
Japan
South Korea
Rest of Asia-Pacific
LAMEA
Latin America
Middle East
Africa
KEY PLAYERS
Johns Manville
Rockwool International A/S
Owens Corning
Fletcher Insulation
Knauf Gips KG
Trelleborg AB
Saint-Gobain S.A.
Paroc Group Oy
Armacell GmbH
BASF SE
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