Acoustic Insulation Market worth $17.07 billion by 2026 | Key players Saint Gobain, Knauf Insulation, Armacell International, Soprema, Huntsman.

According to recent market research the "Acoustic Insulation Market by Type (Glass Wool, Rock Wool, Foamed Plastics, Elastomeric Foam), End-Use Industry (Building & Construction, Transportation, Oil & Gas, Energy & Utilities, Industrial & Oem), And Region - Global Forecast to 2026" The global acoustic insulation market size is projected to grow from USD 14.08 billion in 2021 to USD 17.07 billion by 2026, at a CAGR of 3.9% between 2021 and 2026. Acoustic insulation simply can be stated as soundproofing and is defined as the ability of the insulation material to reduce the sound pressure with respect to a specified sound source and receptor. It is mainly used for limiting or absorbing sound for the comfort of receptors. The growing demand of acoustic insulation is due to rising health issue associated with noise pollution and rising demand from emerging economies.

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Elastomeric foam is estimated to be fastest growing type segment during the forecast period. elastomeric foam insulation is rubber composed of a closed-cell structure available in factory made tubes, sheets, or rolls. The outside edge consists of a smooth surface or "skin" which serves as a built-in vapor retarder. Due to elastomeric foam's flexible nature, its less vulnerable to cracks, breakage, and material loss in comparison to rigid insulation options like cellular glass, polyiso and phenolic foam. It is also fiber-free and low-VOC for chemical emissions. It's also referred to as closed-cell elastomeric foam insulation, flexible elastomeric cellular insulation, unicellular insulation, cellular elastomeric insulation, anti-sweat, refrigerant insulation, plumbing pipe insulation, refrigerant pipe insulation, HVAC pipe insulation and rubber insulation. Nitrile, also referred to as Buna-N or NBR (nitrile-butadiene rubber) rubber polymer. It's a copolymer made from a mixture of acrylonitrile and butadiene molecules. acrylonitrile is a cyanide, it doesn't hack into ions once dissolved in water, which provides the sort of cyanide used as poison its deadly characteristics. Instead, the material's molecules dissolve without ending, rendering it harmless. It is used in building construction and pipe insulation.

EPDM rubber is usually blended with other materials and is usually utilized in areas requiring higher performance physical properties with reference to heat, ozone, and weather resistance more widely utilized in the automotive industry to satisfy worldwide material standards in new and existing application. It is used in automotive industry in doors and windows. Chloroprene foam is the most flameproof foam among all kinds. It can be used easily in hydraulic structures, but their most efficient usage is in sports equipment and medical braces and pads Its advantages are self-extinguishing, weather, water, and chemicals resistant, easily affordable. Due to its self-extinguishing property chloroprene a popular material for window profiles, construction elements, cladding and cable sheathing.

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Building and construction is one of the key end-use industries in the acoustic insulation market that accounted for a 44.8% share, in terms of value, in 2020 Acoustic insulation provides noise reduction in commercial and residential buildings. The commercial building segment is a major consumer of acoustic insulation. It is mainly used in auditoriums, classrooms, media labs, conference halls, lounges and bars, recording studios, disco party halls, multipurpose halls, ceiling and wall tiles for homes and offices, gymnasium halls, banquets and resorts, airports, and others. The introduction of new building technologies, the introduction of new powerful sound sources in the homes, and the increased awareness of noise in the society have all contributed to the development of sound insulation demand. In recent years this has led to an increase of the minimum requirements for sound insulation in many countries.

Europe has the largest share for the global acoustic insulation market in 2020. The region has a strong industrial base in developed economies such as the UK, France, Italy, Spain, and Germany among others. The increasing necessity of sound proofing in industries of these countries are driving the demand for acoustic insulation market in Europe. The energy transition in the region along with increasing emphasis on sound isolation is becoming increasingly important. The insufficiency in soundproofing is considered a defect that decreases the value of the property in accordance with Article 1490 cc. These factors have made Europe a major market for acoustic insulation.
The key players in this market are Saint Gobain (France), Knauf Insulation (US), Armacell International (Germany), Soprema (France), Rockwool International (Denmark), Huntsman (US), Owens Corning (US), Kingspan Group (Ireland), BASF SE (Germany), and Johns Manville (US).

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Saint-Gobain designs, manufactures, and distributes innovative solutions to improve the quality of living spaces and reduce environmental impacts. The company has organized its operations through business segments namely, Americas, Northern Europe, Southern Europe & MEA, APAC, and High-Performance Solutions (Global). It offers its acoustic insulation products and solutions to various applications in buildings, transportation, and industries. In recent years, Saint-Gobain has focused on acquisitions and partnerships to achieve its growth in the market. For instance, in January 2020, Saint-Gobain acquired Sonex in Brazil, a company specialized in the manufacture and supply of acoustic ceiling systems, marketed under the Sonex, Nexacustic, and Fiberwood brands. This acquisition strengthened the group's position in Brazil.

Knauf Insulation is a manufacturer and marketer of insulation products. The company works toward providing energy efficiency and sustainability in homes, non-residential buildings, and industrial applications. Knauf Insulation is a subsidiary of Knauf Group. It has organized its insulation range through glass mineral wool, rock mineral wool, blowing wool, and wood. The company's manufacturing output has increased over the last decade while at the same time significantly reducing its environmental impact per cubic meter of the product. Knauf Insulation targets to generate 25% of scraps from the recycling of glass mineral wool and rock mineral wool from its customers' work sites by 2025. The company has been using investment and expansion as its key strategy; as a result, it has expanded its presence in Belgium and the APAC region.

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