Acoustic Insulation Market Trend, Covid-19 Outbreak, Material Type, End-Use Industry, Key Players and Forecast to 2025



 

Acoustic insulation helps isolate noise by sound reflection or sound absorption using acoustic materials such as mineral wool, glass fiber, metal, and stone wool. The surge in the building and construction activities coupled the increase in number of automotive causes noise pollution, which affects the inhabitant’s personal privacy and mental fitness. Thus, individuals are inclined towards the use of insulation materials for construction applications in ceilings, floors, and walls. Hence, increasing the consumption of acoustic materials and boosting the growth of the global acoustic insulation market. Moreover, the stern government regulations regarding reduction of noise pollution create a growth opportunity for the acoustic material producers to expand their growth and expand the global acoustic insulation market as well.

However, the increasing focus on the use of environment-friendly bio-based products over synthetic materials has prompted innovation in bio-based acoustic materials, which is expected to substitute the present material base and hamper the growth of the global insulation material market.

 

Regional Analysis

Global Acoustic Insulation Market Trend outlook has been reviewed with respect to five regions, namely, Asia-Pacific, the Middle East & Africa, North America, Europe, and Latin America.

Asia-Pacific held the largest share of the acoustic insulation market in 2018 and is expected to be the fastest-growing region during the review period. The key drivers contributing to the surging demand of acoustic insulation in the region are rapid industrialization and flourishing automotive and construction industries of the region. China and India are dominating the regional market owing to the expanding construction industry of the region supported by the government. For instance, according to India Brand Equity Foundation (IBEF), the government of India has allocated USD 63.20 billion for the infrastructure sector for the FY 2019–20.

Europe is expected to hold the second-largest market share in the global acoustic insulation, driven by the stringent government guidelines related to noise isolation and control. For instance, the World Health Organization (WHO) recommended standard guideline value for average outdoor noise levels of 55 dB during the normal daytime and 45 dB during the night. Additionally, the surge in the use of acoustic materials in the commercial sector for providing the employee a noise-free and comfortable space for work, fueling the growth of acoustic insulation market in the region.

 

Market Segmentation

The global acoustic insulation market has been segmented based on material type, application, and region.

The material types covered under the scope of the global acoustic insulation market are polyethylene, glass fiber, wood, stone wool, glass wool, mineral wool, metal, and others.

Based on application, the global acoustic insulation market has been categorized into floors, walls, ceilings, and others.

The global acoustic insulation market, by end-use industry, has been segmented into building & construction, automobile, aerospace & defense, and others.

 

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Key players

Some of the prominent players of the global acoustic insulation market are Saint-Gobain (France), ROCKWOOL International A/S (Denmark), Knauf Insulation (Germany), Johns Manville (US), Owens Corning (US), Kingspan Group (Ireland), Armacell International (Germany), BASF SE (Germany), Siderise Group (UK), Recticel Insulation (Belgium), Trelleborg AB (Sweden), Fletcher Insulation (Australia), U.P. Twiga Fiberglass Limited (India), Primacoustic (Canada), and Autex Group (New Zealand)

 

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NOTE: Our Team of Researchers are Studying Covid19 and its Impact on Various Industry Verticals and wherever required we will be considering Covid19 Footprints for Better Analysis of Market and Industries. Cordially get in Touch for More Details.