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Acoustic Insulation Market by Type (Glass Wool, Rock Wool, Foamed Plastics), by End User (Building & Construction, Transportation, Manufacturing & Processing), by Geography (U.S., Canada, France, Germany, U.K., Italy, Spain, Japan, China, India, Brazil, Saudi Arabia, South Africa) – Global Market Size, Share, Development, Growth, and Demand Forecast, 2014–2024

  • Publishing: May 2021
  • Report Code: CM11085
  • Available Format: PDF

Acoustic Insulation Market Overview

The factors trending the global acoustic insulation market are the acts and regulations imposed up by governments of countries such as India and the U.S. For instance, the Noise Pollution (Regulation and Control) Rules 2000 introduced by the Indian government and The Noise Pollution and Abatement Act of 1972 of U.S.A. Besides this, the rise of awareness of noise pollution among people has compelled concerned regulatory authorities to set guidelines to control noise pollution. The guidelines are mainly pertaining to control the level of noise in building and industries, and creation of silent zones near schools and hospitals.

Acoustic insulation is a process of reducing noise pollution by coating the equipment with a layer of insulation. The reduction of sound can be in public places, in industries, in vehicles and in closed spaces such as buildings. There are various methods to reduce sound pollution such as increasing the distance between the source and the receptor or using barriers such as sound baffles. In this report, the acoustic insulation market is segmented on the basis of type, end user, and region.

On the basis of type, the acoustic insulation market can be categorized into glass wool, rock wool, and foamed plastics. Among these, the rock wool segment is anticipated to register the maximum growth, owing to its superior properties such as, excellent sound absorption, fire resistance, moisture and water repellant, high density, and heat insulation properties. Furthermore, rock wool is unaffected by temperatures up to 1000°C and can slow the pace of fire. Also, it allows moisture to seep through the walls which in turn can reduces the chances of damp. Additionally, they are manufactured easily in various thickness and densities as required by the consumer.

On the basis of end user, the acoustic insulation market can be bifurcated as building & construction, transportation, and manufacturing & processing. Among these, the building & construction is anticipated to hold a maximum share in the market, owing to rise in population and urbanization in countries such as India and China. Additionally, there is rise in number of industries in these countries owing to development which has increased the growth of acoustic insulation market. Apart from these, the transportation segment is also likely to grow owing to rapid rise in the sale of automobiles in developing nations.

On the basis of region, the acoustic insulation market is categorized into North America, Europe, Asia-Pacific (APAC), Latin America, and the Middle East and Africa (MEA). Among these, APAC is anticipated to have the maximum share, owing to rise in building & construction and transportation in this region. Additionally, there is growth in the construction industry in this region owing to which there is increase in the acoustic insulation market. Furthermore, Europe is also a big market owing to the stringent regulations imposed by the government such as equipment noise, air borne noise and exterior wall insulation.

Acoustic Insulation Market Dynamics

Drivers

The main drivers of the acoustic insulation market are awareness of people regarding health issues due to noise pollution, stringent rules by governments of European countries and the U.S., industrial growth, and increase in automobiles. The growth in industries such as the oil & gas which require heavy equipments such as blowers, columns, and generators also drive the acoustic insulation market. Additionally, increase in number of automobiles have also contributed to the growth of this industry owing to the comfort they provide to both the persons inside and outside the vehicle.

Restraints

The acoustic insulation market is witnessing a restraint owing to the lack of awareness about noise pollution in many regions of countries such as India and China, also the downfall of the construction sector in Europe. This downfall in construction market in Europe is owing to the lack of investments in this sector. Additionally, the renovation of buildings has witnessed a downfall.

Acoustic Insulation Market Competitive Landscape

Some of the major companies operating in the global acoustic insulation market are Knauf Insulation, Saint-Gobain, ROCKWOOL International A/S, Owens Corning, Autex Group, Armacell, BASF SE, Fletcher Building Limited, Primacoustic, and Sichuan ZISEN Acoustics Technology Co. Ltd.

The study provides the historical as well the forecast market size data for various countries, including the U.S., Canada, France, Germany, the U.K., Italy, Spain, Japan, China, India, Brazil, Saudi Arabia, and South Africa.

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