Press release
Acoustic Insulation Market 2023 | BASF SE, ROCKWOOL International A/S, Knauf Insulation GmbH, Saint-Gobain S.A., Owens Corning Corporation, Johns Manville Corporation, Paroc Group Oy, Kingspan Group PLC, Fletcher Insulation, and Armacell GmbH
Market Scenario:Acoustic insulation is used either for noise reduction or for noise absorption. The rising construction & infrastructural activities across the globe, is the major driving factor of the market. Stringent government regulations regarding noise pollution adds to the market growth. Increasing consumer awareness regarding energy consumption has a positive influence on the market. However, the lack of awareness of acoustic insulation material, is a restraint that may hamper the market growth.
The Global Acoustic Insulation Market is projected to reach USD 14.10 Billion by 2023, at a CAGR of 5.6% during the forecast period.
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Study Objectives of Global Acoustic Insulation Market:
• To provide detailed analysis of the market structure along with forecast for the next 5 years of the various segments and sub-segments of the global acoustic insulation market
• To provide insights about factors affecting the market growth
• To analyse the global acoustic insulation market based on tools such as Supply Chain Analysis, and Porter’s Five Force Analysis
• To provide historical and forecast revenue of the market segments and sub-segments with respect to regions and their respective key countries
• To provide country level analysis of the market with respect to the current market size and future prospective
• To provide country level analysis of the market for segments by material, by application and by region
• To provide strategic profiling of key players in the market, comprehensively analyzing their core competencies, and drawing a competitive landscape for the market
• To track and analyze competitive developments such as joint ventures, strategic alliances, mergers and acquisitions, new product developments, and research and developments in the acoustic insulation market
Glass wool dominates the material segment of the market
On the basis of materials, global acoustic insulation market is segmented as stone wood, plastic foam, glass wool, cellulose aerogels, and others. Glass wool dominates the material segment of the global acoustic insulation market mainly due to properties such as light weight, superior tensile strength, high resilience, ease of use and environment-friendliness of the material. As per British Standards, glass wool products are capable of providing class 0 and class 1 level safety. Stone wool is another major acoustic insulation material. Higher sound insulation, environment-friendly nature, and low prices, easy installation, and super fire resistance are some factors driving the demand of the material.
Cellulose aerogel is the fastest-growing material segment of the global acoustic insulation market mainly due to technological developments, excellent sound absorption properties, easy handling.
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ROCKWOOL International A/S (Denmark)
Knauf Insulation GmbH (Germany)
Saint-Gobain S.A. (France)
Owens Corning Corporation (U.S.)
Johns Manville Corporation (U.S.)
BASF SE (Germany)
Paroc Group Oy (Finland),
Kingspan Group PLC (Ireland)
Fletcher Insulation (Australia)
Armacell GmbH (Germany)
Intended Audience
• Manufacturing Industries
• Distributer & Supplier companies
• consultants and Investment bankers
• Government as well as Independent Regulatory Authorities
• Research Organizations
Product Analysis
• Product matrix which gives a detailed comparison of the market for different recycled product types
Additional Information
• Regulatory Landscape
• Pricing Analysis
• Macroeconomic Indicators
Geographic Analysis
• Geographical analysis across 15 countries
Company Information
• Profiling of 10 key market players
• In-depth analysis including SWOT analysis, and strategy information of related to report title
• Competitive landscape including emerging trends adopted by major companies
This research report provides insights, on various levels of analysis such as industry analysis, market share analysis leading market players and their profiles. This report also helps in studying the target segments by providing views on emerging & high-growth segments and market conclusion. Together the market data comprise and discuss with the basic assessments on the competitive scenarios & strategies, of the global acoustic insulation market, including the high-growth regions, countries and their political, economic and technological environments. Furthermore the project report also provides the views over the historical market values as well as, pricing and cost analysis of the same.
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