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Acoustic Insulation Market Regional Outlook By 2025 | Top Key Players - Arabian Fiberglass Insulation Co. Ltd., Fletcher Insulation, Cellecta Ltd

Acoustic Insulation Market

Acoustic Insulation Market

Companies in the acoustic insulation market can be segmented into multiple global and regional manufacturers. The competitors are keen on product innovations, strategic acquisitions, and collaborations to stimulate geographic expansion. For instance, Owens Corning, a global brand, introduced Thermafiber Pro Section WR, a mineral wool insulation pipe engineered to cater to industrial specifications and requirements. The product is incorporated with Paroc technology. Few of the other firms include Armacell International, Rockwool International, Knauf Insulation, Kingspan, John Manville, and, BASF.

Several government norms to reduce noise pollution along with improving green building construction activities will stimulate acoustic insulation market forecast over the coming years. Gradual rise in manufacturing activities with industrialization have contributed towards elevated noise levels. Raised consumer awareness concerning the negative health effects of sound pollution like hypertension, increased stress levels and sleep disturbances will significantly influence the product adoption.

Strategic R&D investments to enhance sound absorption and resistance to heat, moisture, and corrosion, will boost the demand in diverse applications. Owing to improvements in energy efficiencies, the acoustic insulation industry is likely to witness an increased number of product launches in acoustic as well as thermal insulation. Also, there are legislative progressions to fuel sustainable development to minimize environmental adverse effects.

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Construction activities in emerging economies
Surging developments in the construction sector, specifically in the Asia Pacific and Latin American countries due to stirring private and government expenditures will drive the acoustic insulation industry trends. Manufacturers are working on expanding their existing production centers to meet the rising soundproof material requirements.
For instance, Knauf Insulation made investments of over USD 135 million in July 2018 to establish a mineral wool manufacturing plant in Malaysia.

Significant consumption of plastic foams
Plastic foam dominated the global acoustic insulation industry in 2018, recording more than USD 6 billion in terms of market revenues. Plastic foam can be bifurcated into Expanded Polystyrene (EPS) and Extruded Polystyrene (XPS). Extreme lightweight, excellent sound absorption, low thermal conductivity, and high flexibility are some factors influencing the need and adoption of the products.

Plastic foams are available in varied compressive strengths to support diverse applications. For instance, EPS exhibiting a higher value for compressive strength is employed in heavy-weight applications.

Key Point of TOC:

Chapter 7 Company Profiles

7.1 ROCKWOOL International A/S
7.1.1 Business Overview
7.1.2 Financial Data
7.1.3 Product Landscape
7.1.4 Strategic Outlook
7.1.5 SWOT Analysis

7.2 Knauf Insulation
7.2.1 Business Overview
7.2.2 Financial Data
7.2.3 Product Landscape
7.2.4 Strategic Outlook
7.2.5 SWOT Analysis

7.3 Johns Manville
7.3.1 Business Overview
7.3.2 Financial Data
7.3.3 Product Landscape
Continue…

Higher demand for insulation in automobiles
Revenues garnered from acoustic insulation across transportation applications are likely to expand substantially through 2025. Automotive manufacturers are focused on reducing the overall vehicular weight along with enhancing the acoustical parameters. Modifications like improved fire performance ratings, sound absorption, and deadening properties will drive the development and consumption of the acoustic insulation components.

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There is also increased production of vehicles and augmented demand for luxury cars. As per OICA, the annual vehicle production was at around 77.6 million units in 2010 and grew up to 97.30 million units in 2017.

Europe to witness increased demand
A consistent rise in IoT and smart infrastructure will significantly drive the Europe acoustic insulation market trends over the next few years. Severe regulatory guidelines have emerged to offer sound-reducing materials in new infrastructure products. For instance, the UK Building Bulletin 93 directive facilitates minimum acoustic performance standards in the construction of school buildings.

The regulations have urged manufacturers to heavily invest in research and development to offer newer products with enhanced features. However, higher costs associated with raw materials and the stalled demand during the COVID-19 pandemic are resulting in restrained growth.

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.

Contact Us:

Contact Person: Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
Phone:1-302-846-7766
Toll Free: 1-888-689-0688
Email: sales@gminsights.com

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