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Acoustic Insulation Market Statistics 2020 | Trend & Growth Forecast To 2025

Acoustic Insulation Market

Acoustic Insulation Market

Acoustic insulation market share is poised to exceed USD 17 billion by the end of 2025, as per a report by Global Market Insights, Inc. Surging requirement for energy efficient buildings with sound dampening, strict building codes, and recovery in building & construction expenses are some of the major factors driving the market worldwide.

Acoustic insulation market is anticipated to experience exceptional transformation in the foreseeable future due to surging consumer expenditure and favorable new housing policies in developed as well as developing nations. Strict regulatory norms and policies about a substantial reduction in the level of greenhouse gas emissions will offer a positive scope for the industry expansion. Improved standard of living and growth identified in online sales channel are considered some of the chief factors encouraging the market growth through 2025.

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Growth drivers are
1. Steady growth in the construction industry
2. Booming transportation sector

Significant R&D investments led by technological advancements and constant innovations will further elevate the market scope during the forecast period. Rapid boom identified in the transportation sector due to soaring consumer demand for comfortable driving experience and sound-proof vehicles will propel the product demand in the long run. Rising concerns regarding employee comfort level and the increasing need for noise-free environment in commercial buildings will further aid the product deployment.

In terms of product, the fiberglass/glass wool segment is estimated to garner a CAGR of 5% over 2018-2025. Factors like significant sound absorption and high corrosion and temperature resistance will propel the product penetration. Rapid growth observed in infrastructure spending and strict building mandates with high focus on efficient energy usage and sustainability will accelerate the fiberglass/glass wool acoustic insulation market growth.

Speaking of the application landscape, transportation sector led the industry having accounted for 25% of the global share in 2018. The segment is expected to showcase similar growth graph driven by the increased product usage in railways, automotive vehicles, and airports. Acoustic products are increasingly being used in vehicles due to rising demand for vehicles with low engine noise. This has led the manufacturers to develop vehicles which are deployed with improved automotive soundproofing, in turn providing an impetus to acoustic insulation market trends.

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Asia Pacific is considered to be the fastest expanding region in the acoustic insulation market and is estimated to register a CAGR of 5.5% over 2018-2025. The regional growth can be majorly attributed to the rapid urbanization with advent of government projects in tier-I as well as tier-II regions. The recent focus on fire safety in high-rise buildings, especially in economies like Japan and China has led to an increased demand for non-combustible stone wool products, thereby propelling regional acoustic insulation market trends. Moreover, manufacturers in the APAC are trying to expand their existing production capacities in order to cope up with the rising demand for soundproofing material, which is further estimated to offer the industry a notable thrust.

Europe is another prominent region slated to stand tall in the global landscape. Heavy R&D investments toward sustainable & environment friendly product launches, expanding smart infrastructure, IoT penetration, and stringent regulatory framework are some of the chief factors fueling Europe acoustic insulation market outlook.

Partial Chapter of the Table of Content:

Chapter 3Acoustic Insulation Industry Insights
3.1Industry segmentation
3.2Industry landscape, 2013- 2025
3.3Industry ecosystem analysis
3.3.1Raw material suppliers challenges faced by the raw material suppliers
3.3.2Manufacturers challenges faced by the manufacturers
3.3.3Profit margin trends
3.3.4Distribution channel analysis
3.3.5End users
3.4Technology landscape
3.4.1Production process fiber
3.5Global insulation industry outlook, 2018-2025
3.5.1Fiberglass industry outlook, 2018-2024
3.5.2Key trends & opportunities
3.6Consumer buying behaviour
3.6.1Unmet needs
3.6.2Social & cultural impact forces
3.6.3Information search
3.6.4Evaluation of alternative
3.6.5Purchase decision
3.6.6Post-purchase evaluation
3.7Regulatory landscape
3.7.1U.S. code of Regulations certification by manufacturer: of Urea Formaldehyde Foam Insulation: Spread Rating of Insulation: of Insulation in Existing Building Requirements for Heated Slab Floors
3.7.2Europe Efficiency Directive Performance of Buildings Directive (EPBD) and Climate Framework for 2030 Labelling of Windows Public Procurement Product Sheet specification
3.7.3Asia Pacific codes for China
3.7.4MEA Arab Emirates
3.7.5Latin America
3.8Pricing analysis
3.8.1Fiberglass/Glass Wool
3.8.2Mineral Wool
3.8.3Plastic foam Plastic Foam
3.8.5Cost structure analysis, 2018
3.9Industry impact forces
3.9.1Growth drivers growth in the construction industry transportation sector
3.9.2Industry pitfalls & challenges raw material prices usage of raw materials containing greenhouse gases
3.10 Innovation & sustainability
3.11 Growth potential analysis, 2018
3.12 Competitive landscape, 2017
3.12.1 Global company market share analysis, 2017
3.12.2 Company performance analysis, 2017
3.12.3 Key stakeholders
3.12.4 Strategy dashboard
3.13 Porter’s analysis
3.14 PESTEL analysis

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Recticel, BASF, Rockwool International A/S, Knauf Insulation, K-FLEX, Kingspan Group, Owens Corning Corp., Armacell International S.A., and Siderise are some of the major manufacturers of acoustic insulation across the globe. Strategies such as M&As, product and regional expansion, and collaborations are anticipated to characterize the competitive landscape of acoustic insulation market through 2025.

Contact Us
Contact Person: Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.a
Phone: 1-302-846-7766
Toll Free: 1 888-689-0688

About Global Market Insights

Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

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