Acoustic Insulation Market by Types (Polymeric Foams, Glass Wool, Rock Wool, Mineral Wool, and Others), End -Users (Building & Construction, Transportation, Manufacturing, Transportation, Oil & Gas, Energy & Utilities and Others), and Regions (Asia Pacific, North America, Latin America, Europe, and Middle East & Africa) - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast 2021 – 2028
The global acoustic insulation market size is projected to expand at a CAGR of 4.5% during the forecast period, 2021–2028. The growth of the market is attributed to the increasing demand for acoustic insulation from various end-user sectors and growing demand from developing countries.
Acoustic Insulation is defined as the ability of a material to reduce the sound pressure in terms of sound source and receptor. Applications of acoustic insulation include reflection or absorption of sounds to reduce the noise levels and achieve acoustic comfort. In other words, to prevent one from being disturbed by the sounds produced by the activities in the next room, the room could be upstairs or adjacent, the construction should prevent sound from being transmitted. Acoustic Insulation reduces the transmission of unnecessary direct sound waves from the source to an unintentional listener by using intervening objects in the sound path.
Acoustic Insulation can be achieved in two different ways by Noise Reduction and Noise Absorption. Noise absorption can be achieved by implementation of the various acoustic materials which absorb unwanted sound waves. These acoustic materials can be of various kinds including porous materials, panel absorbers, cavity resonators which are very prominent. Porous materials are acoustical boards, soft plasters, mineral wool, diffusers, within the network of pores the sound energy gets blocked and converted into heat. Panel absorbers are panels hung from ceilings or stuck on the wall. Resonant absorbers dampen a sound wave as they reflect it.
Market Trends, Drivers, Restraints, and Opportunities
- Increasing demand for acoustic insulation due to rising requirements in construction and building industries is projected to spur the market growth in the coming years.
- Growing infrastructure and housing expenditure in various emerging countries is anticipated to drive the market expansion during the forecast period.
- High cost of installation and maintenance is expected to restrain the market growth in the coming years.
- Concerns regarding safety due some of material used in acoustic insulation such as foam not withstanding fire is anticipated to impede the market growth.
- Strict regulations from governments of various nations worldwide to curb down noise pollution levels, reduction of cost, and advancement in technologies are factors projected to create significant opportunities for market players.
Scope of the Report
The report on the global acoustic insulation market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.
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Attributes |
Details |
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Report Title |
Acoustic Insulation Market - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast |
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Base Year |
2020 |
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Historic Data |
2018–2019 |
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Forecast Period |
2021–2028 |
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Segmentation |
Types (Polymeric Foams, Glass Wool, Rock Wool, Mineral Wool, and Others), End -Users (Building & Construction, Manufacturing, Transportation, Oil & Gas, Energy & Utilities and Others) |
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Regional Scope |
Asia Pacific, North America, Latin America, Europe, and Middle East & Africa |
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Report Coverage |
Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast |
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Key Players Covered in the Report |
Saint-Gobain, Knauf Insulation, Owens Corning, Johns Manville Inc, Armacell International, BASF SE, Paroc, Rockwool International, Huntsman, Soprema. |
Market Segment Insights
Polymeric foams segment is projected to represent a major market share
Based on types, the acoustic insulation market is segmented into polymeric foams, glass wool, rock wool, mineral wool, and others. The polymeric foams segment is projected to account for large market share in the coming years due to better noise reduction and absorption. Polymeric foams are easy to install in comparison to other types and can be injected in small pockets of walls and ceilings to provide optimum levels of acoustic insulation. On the other hand, glass wool is anticipated to expand at a healthy CAGR during the forecast period owing to their increasing adoption in developing countries and their growing demand in industrial applications.
Building & Construction to account for large market share
Based on end-users, the acoustic insulation market is segregated into building & construction, manufacturing, transportation, oil & gas, energy & utilities, and others. The building & construction segment is expected to constitute lager market share during the forecast period. Building & construction accounted for more than 40% share in 2020 with the growth projected to increase at a steady CAGR in the coming years. The segment dominance in attributed to its wide scale application and growing demand for better insulation in residential and commercial complexes to reduce the levels of noise pollution.
Asia Pacific is anticipated to dominate the market
On the basis of regions, the KEYWORD market is classified as Asia Pacific, North America, Latin America, Europe, and Middle East & Africa. The market of Asia Pacific is anticipated to dominate the market during the forecast period. The regional market growth can be attributed to rapid growth in building & construction sector as well as transportation sectors. Increasing manufacturing activities in the region and rising income levels among the consumers is expected to spur the market growth in the coming years.
Segments
Segments Covered in the Report
Types
- Polymeric Foams
- Glass Wool
- Rock Wool
- Mineral Wool
- Others
End -Users
- Building & Construction
- Manufacturing
- Transportation
- Oil & Gas
- Energy & Utilities
- Others
Regions
- Asia Pacific
- North America
- Latin America
- Europe
- Middle East & Africa
Key Players
- Saint-Gobain
- Rockwool International
- Knauf Insulation
- Owens Corning
- Johns Manville Inc.
- Armacell International
- BASF SE
- Paroc
- Huntsman
- Soprema
Competitive Landscape
Key players competing in the acoustic insulation market include Saint-Gobain, Knauf Insulation, Owens Corning, Johns Manville Inc, Armacell International, BASF SE, Paroc, Rockwool International, Huntsman, and Soprema.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Acoustic Insulation Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Acoustic Insulation Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Acoustic Insulation Market - Supply Chain
4.5. Global Acoustic Insulation Market Forecast
4.5.1. Acoustic Insulation Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Acoustic Insulation Market Size (000’ Units) and Y-o-Y Growth
4.5.3. Acoustic Insulation Market Absolute $ Opportunity
5. Global Acoustic Insulation Market Analysis and Forecast by Region
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Region
5.2.2. Y-o-Y Growth Projections by Region
5.3. Acoustic Insulation Market Size and Volume Forecast by Region
5.3.1. North America
5.3.2. Latin America
5.3.3. Europe
5.3.4. Asia Pacific
5.3.5. Middle East and Africa (MEA)
5.4. Absolute $ Opportunity Assessment by Region
5.5. Market Attractiveness/Growth Potential Analysis by Region
5.6. Global Acoustic Insulation Demand Share Forecast, 2019-2026
6. North America Acoustic Insulation Market Analysis and Forecast
6.1. Introduction
6.1.1. Basis Point Share (BPS) Analysis by Country
6.1.2. Y-o-Y Growth Projections by Country
6.2. North America Acoustic Insulation Market Size and Volume Forecast by Country
6.2.1. U.S.
6.2.2. Canada
6.3. Absolute $ Opportunity Assessment by Country
6.4. Market Attractiveness/Growth Potential Analysis
6.4.1. By Country
6.4.2. By Product Type
6.4.3. By Application
6.5. North America Acoustic Insulation Demand Share Forecast, 2019-2026
7. Latin America Acoustic Insulation Market Analysis and Forecast
7.1. Introduction
7.1.1. Basis Point Share (BPS) Analysis by Country
7.1.2. Y-o-Y Growth Projections by Country
7.1.3. Latin America Average Pricing Analysis
7.2. Latin America Acoustic Insulation Market Size and Volume Forecast by Country
7.2.1. Brazil
7.2.2. Mexico
7.2.3. Rest of Latin America
7.3. Absolute $ Opportunity Assessment by Country
7.4. Market Attractiveness/Growth Potential Analysis
7.4.1. By Country
7.4.2. By Product Type
7.4.3. By Application
7.5. Latin America Acoustic Insulation Demand Share Forecast, 2019-2026
8. Europe Acoustic Insulation Market Analysis and Forecast
8.1. Introduction
8.1.1. Basis Point Share (BPS) Analysis by Country
8.1.2. Y-o-Y Growth Projections by Country
8.1.3. Europe Average Pricing Analysis
8.2. Europe Acoustic Insulation Market Size and Volume Forecast by Country
8.2.1. Germany
8.2.2. France
8.2.3. Italy
8.2.4. U.K.
8.2.5. Spain
8.2.6. Russia
8.2.7. Rest of Europe
8.3. Absolute $ Opportunity Assessment by Country
8.4. Market Attractiveness/Growth Potential Analysis
8.4.1. By Country
8.4.2. By Product Type
8.4.3. By Application
8.5. Europe Acoustic Insulation Demand Share Forecast, 2019-2026
9. Asia Pacific Acoustic Insulation Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.1.3. Asia Pacific Average Pricing Analysis
9.2. Asia Pacific Acoustic Insulation Market Size and Volume Forecast by Country
9.2.1. China
9.2.2. Japan
9.2.3. South Korea
9.2.4. India
9.2.5. Australia
9.2.6. Rest of Asia Pacific (APAC)
9.3. Absolute $ Opportunity Assessment by Country
9.4. Market Attractiveness/Growth Potential Analysis
9.4.1. By Country
9.4.2. By Product Type
9.4.3. By Application
9.5. Asia Pacific Acoustic Insulation Demand Share Forecast, 2019-2026
10. Middle East & Africa Acoustic Insulation Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Middle East & Africa Average Pricing Analysis
10.2. Middle East & Africa Acoustic Insulation Market Size and Volume Forecast by Country
10.2.1. Saudi Arabia
10.2.2. South Africa
10.2.3. UAE
10.2.4. Rest of Middle East & Africa (MEA)
10.3. Absolute $ Opportunity Assessment by Country
10.4. Market Attractiveness/Growth Potential Analysis
10.4.1. By Country
10.4.2. By Product Type
10.4.3. By Application
10.5. Middle East & Africa Acoustic Insulation Demand Share Forecast, 2019-2026
11. Competition Landscape
11.1. Global Acoustic Insulation Market: Market Share Analysis
11.2. Acoustic Insulation Distributors and Customers
11.3. Acoustic Insulation Market: Competitive Dashboard
11.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
11.4.1. Segments Covered in the Report
11.4.2. Types Polymeric Foams Glass Wool Rock Wool Mineral Wool Others
2. Assumptions and Acronyms Used
3. Research Methodology
4. Acoustic Insulation Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Acoustic Insulation Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Acoustic Insulation Market - Supply Chain
4.5. Global Acoustic Insulation Market Forecast
4.5.1. Acoustic Insulation Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Acoustic Insulation Market Size (000’ Units) and Y-o-Y Growth
4.5.3. Acoustic Insulation Market Absolute $ Opportunity
5. Global Acoustic Insulation Market Analysis and Forecast by Region
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Region
5.2.2. Y-o-Y Growth Projections by Region
5.3. Acoustic Insulation Market Size and Volume Forecast by Region
5.3.1. North America
5.3.2. Latin America
5.3.3. Europe
5.3.4. Asia Pacific
5.3.5. Middle East and Africa (MEA)
5.4. Absolute $ Opportunity Assessment by Region
5.5. Market Attractiveness/Growth Potential Analysis by Region
5.6. Global Acoustic Insulation Demand Share Forecast, 2019-2026
6. North America Acoustic Insulation Market Analysis and Forecast
6.1. Introduction
6.1.1. Basis Point Share (BPS) Analysis by Country
6.1.2. Y-o-Y Growth Projections by Country
6.2. North America Acoustic Insulation Market Size and Volume Forecast by Country
6.2.1. U.S.
6.2.2. Canada
6.3. Absolute $ Opportunity Assessment by Country
6.4. Market Attractiveness/Growth Potential Analysis
6.4.1. By Country
6.4.2. By Product Type
6.4.3. By Application
6.5. North America Acoustic Insulation Demand Share Forecast, 2019-2026
7. Latin America Acoustic Insulation Market Analysis and Forecast
7.1. Introduction
7.1.1. Basis Point Share (BPS) Analysis by Country
7.1.2. Y-o-Y Growth Projections by Country
7.1.3. Latin America Average Pricing Analysis
7.2. Latin America Acoustic Insulation Market Size and Volume Forecast by Country
7.2.1. Brazil
7.2.2. Mexico
7.2.3. Rest of Latin America
7.3. Absolute $ Opportunity Assessment by Country
7.4. Market Attractiveness/Growth Potential Analysis
7.4.1. By Country
7.4.2. By Product Type
7.4.3. By Application
7.5. Latin America Acoustic Insulation Demand Share Forecast, 2019-2026
8. Europe Acoustic Insulation Market Analysis and Forecast
8.1. Introduction
8.1.1. Basis Point Share (BPS) Analysis by Country
8.1.2. Y-o-Y Growth Projections by Country
8.1.3. Europe Average Pricing Analysis
8.2. Europe Acoustic Insulation Market Size and Volume Forecast by Country
8.2.1. Germany
8.2.2. France
8.2.3. Italy
8.2.4. U.K.
8.2.5. Spain
8.2.6. Russia
8.2.7. Rest of Europe
8.3. Absolute $ Opportunity Assessment by Country
8.4. Market Attractiveness/Growth Potential Analysis
8.4.1. By Country
8.4.2. By Product Type
8.4.3. By Application
8.5. Europe Acoustic Insulation Demand Share Forecast, 2019-2026
9. Asia Pacific Acoustic Insulation Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.1.3. Asia Pacific Average Pricing Analysis
9.2. Asia Pacific Acoustic Insulation Market Size and Volume Forecast by Country
9.2.1. China
9.2.2. Japan
9.2.3. South Korea
9.2.4. India
9.2.5. Australia
9.2.6. Rest of Asia Pacific (APAC)
9.3. Absolute $ Opportunity Assessment by Country
9.4. Market Attractiveness/Growth Potential Analysis
9.4.1. By Country
9.4.2. By Product Type
9.4.3. By Application
9.5. Asia Pacific Acoustic Insulation Demand Share Forecast, 2019-2026
10. Middle East & Africa Acoustic Insulation Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Middle East & Africa Average Pricing Analysis
10.2. Middle East & Africa Acoustic Insulation Market Size and Volume Forecast by Country
10.2.1. Saudi Arabia
10.2.2. South Africa
10.2.3. UAE
10.2.4. Rest of Middle East & Africa (MEA)
10.3. Absolute $ Opportunity Assessment by Country
10.4. Market Attractiveness/Growth Potential Analysis
10.4.1. By Country
10.4.2. By Product Type
10.4.3. By Application
10.5. Middle East & Africa Acoustic Insulation Demand Share Forecast, 2019-2026
11. Competition Landscape
11.1. Global Acoustic Insulation Market: Market Share Analysis
11.2. Acoustic Insulation Distributors and Customers
11.3. Acoustic Insulation Market: Competitive Dashboard
11.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
11.4.1. Segments Covered in the Report
11.4.2. Types Polymeric Foams Glass Wool Rock Wool Mineral Wool Others
Segments Covered in the Report
Types
- Polymeric Foams
- Glass Wool
- Rock Wool
- Mineral Wool
- Others
End -Users
- Building & Construction
- Manufacturing
- Transportation
- Oil & Gas
- Energy & Utilities
- Others
Regions
- Asia Pacific
- North America
- Latin America
- Europe
- Middle East & Africa
Key Players
- Saint-Gobain
- Rockwool International
- Knauf Insulation
- Owens Corning
- Johns Manville Inc.
- Armacell International
- BASF SE
- Paroc
- Huntsman
- Soprema
Key players competing in the acoustic insulation market include Saint-Gobain, Knauf Insulation, Owens Corning, Johns Manville Inc, Armacell International, BASF SE, Paroc, Rockwool International, Huntsman, and Soprema.
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