Press release
Acoustic Insulation Market: Key Players are Cellecta, AIM, Roxul, Twiga, TAP, Hush, Lloyd, SIDERISE, K-Flex, and AFICO.
North America, driven by U.S. acoustic insulation market size, generated over USD 3 billion business in 2015. Positive application outlook from private & commercial buildings and heavy engineering were the key factors fueling regional growth.Population growth coupled with high industrialization rate in emerging markets across Brazil, China, India, South Africa, Mexico, and Russia, has generated the necessity for better residential and industrial infrastructure. The availability of economical raw materials and government initiatives in the region are expected to drive global acoustic insulation market demand in residential and industrial buildings.
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Company profiled in this report based on Business overview, Financial data, Product landscape, Strategic outlook & SWOT analysis:
1. ROCKWOOL International A/S
2. Knauf Insulation
3. Owens Corning
4. John Manville
5. Armacell International GmbH
6. BASF
7. Cellecta Ltd
8. Roxul, Inc
9. TAP Acoustics
10. SIDERISE
11. Arabian Fiberglass Insulation Co., Ltd. (AFICO)
12. ARCAT
Middle East construction applications generated over USD 225 million valuation in 2015. Dubai acoustic insulation adoption seems to be promising due to strong outlook on advanced construction structure and implementing green building regulations.
Green building regulations include fire safety, air quality, resource efficiency, and sound proofing. In 2014, these guidelines became law and have made them mandatory for new and refurbishment buildings.
Aerogel and cellulose insulation products is set to witness highest gains, growing at over 7%. Effective sound absorption properties, easy handling, and technological developments are potential features driving product demand.
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Global acoustic insulation market share is fairly consolidated in nature. In terms of revenue generation and geographic presence major industry players include, Kingspan, Rockwool International, Knauf Insulation, Paroc, Owens Corning, Armacell, and Fletcher. Other major companies with strong presence in domestic market are are Cellecta, Roxul, AIM, Twiga, Hush, TAP, Lloyd, K-Flex, SIDERISE, and AFICO.
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