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.
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.
Attributes |
Details |
Report Title |
Acoustic Insulation Market - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast |
Base Year |
2020 |
Historic Data |
2018–2019 |
Forecast Period |
2021–2028 |
Segmentation |
Types (Polymeric Foams, Glass Wool, Rock Wool, Mineral Wool, and Others), End -Users (Building & Construction, Manufacturing, Transportation, Oil & Gas, Energy & Utilities and Others) |
Regional Scope |
Asia Pacific, North America, Latin America, Europe, and Middle East & Africa |
Report Coverage |
Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast |
Key Players Covered in the Report |
Saint-Gobain, Knauf Insulation, Owens Corning, Johns Manville Inc, Armacell International, BASF SE, Paroc, Rockwool International, Huntsman, Soprema. |
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.
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.
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.
Types
End -Users
Regions
Key Players
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.
Types
End -Users
Regions
Key Players
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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