Acoustic insulation market was valued at USD 13,493 million in 2020 and expected to grow at 4.3% CAGR during the forecast period.

Introduction of the Acoustic Insulation Market Report

Acoustic insulation is basically a soundproofing method which helps in controlling sound transmission from one area to another or control sound within a space. For instance, insulation within a building can improve privacy and avoid annoyance from sounds in adjacent properties such as outside noise from traffic, aircraft, music or footsteps from an above apartment.

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Market Dynamic 

Key Drivers and Emerging Trends

The factors driving the global acoustic insulation market include increasing health concern towards noise pollution. Exposure to noise for long-term may affects the health of people, results in annoyance or even illness. High noise level can cause physical damage to ear, impact on sleep that led to the stress-related illness, or other symptoms. According to CDC, adults who have poor quality sleep were more likely to report 10 chronic health conditions compared to those who got enough sleep.

The increase in residential buildings, commercial buildings and industrial sectors in developing countries will boost the market. For instance, according to the Builder Association of India, construction industry contributes around 9% of the India GDP and accounts for around 60% of the total plan outlay of the country.

Restraint in the Acoustic Insulation Market

However, lack of awareness regarding acoustic insulation in emerging countries will act as restraint and hamper the market growth.

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Type – Segment Analysis

Based on the type, acoustics foam is expected to grow at higher CAGR during the forecast period. The acoustic foam is lightweight and absorb heat & sound which make the product suitable in uses for applications including interior ceiling of hotels, theatres, hospitals, conference halls and others. For instance, Aksa Acoustic Sound Insulation Materials provide complete acoustic insulation solution to cinema halls, theatres and in home theatres.

End-use Industry – Segment Analysis

Based on the end-use industry, building & construction industry is anticipated to grow at higher CAGR during the forecast period. Increasing sources of sound at home and increasing awareness regarding noise pollution will drive the growth of acoustic insulation market in building & construction industry. The growing construction industry in developing countries such as China, India and others will boost the market. For instance, According to International Trade Association, China is world largest construction market with the industry forecasted to grow at an annual average of 5.2% between 2021 and 2029. In 2021, China launched the new Infrastructure campaign to offset the economic impact of the COVID-19 pandemic and boost sustainable growth.

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Regional – Segment Analysis:

Based on the region, APAC region is expected to grow at higher CAGR in the global acoustic insulation market during the forecast period. The region is experiencing huge domestic as well as foreign investment for setting up industrial units, malls, hospitals, multiplex, and hospitality industry. This factor will drive the growth of acoustic insulation in region. According to India’s National Investment Promotion & Facilitation Agency, In India investment of about USD 26.62 billion has been proposed by 99 cities under the smart city initiatives.

Top Market Players 

Various notable players operating in the market, include, Saint-Gobain Group, Knauf Insulation, Armacell, Soprema, Rockwool International A/S, Huntsman International LLC., Owens Corning, Kingspan Group, BASF SE, Johns Manville, among others.

Key Developments:

• • In 2021, Armacell and smartMELAMINE announced a cooperation agreement for expansion of thermal and acoustic insulation solution for transportation and industrial applications.
  • In 2020, Saint-Gobain Group announced the acquisition of Sonex in Brazil, a company specialized in the manufacture and supply of acoustic ceiling systems.

Segments covered in the Report:

The global acoustic insulation market has been segmented on the basis of type, and end-use industry. Based on type, the market is segmented into acoustic foam, acoustics fabrics, rock wool, fiberglass, and others. Based on end-use industry, the market is segmented into building & construction, transportation, energy & utilities, industrial OEM, oil & gas and others.

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Key questions answered in this research report:

• • At what pace is global Acoustic Insulation market growing? What will be the growth trend in the future?
  • What are the key drivers and restraints in Acoustic Insulation market? What will be the impact of drivers and restraints in the future?
  • What are the regional revenues and forecast breakdowns? Which are the major regional revenue pockets for growth in the global Acoustic Insulation market?
  • Which Type generated maximum revenues in 2020 and identify the most promising Type during the forecast period?
  • What are the various End-use Industry areas of global Acoustic Insulation market and how they are poised to grow?
  • What companies are the major participants in this market and their business strategies, how does the competitive landscape look like?

Market Segmentation

Global Acoustic Insulation Market by Type

• • Acoustic Foam
  • Acoustics Fabrics
  • Rock wool
  • Fiberglass
  • Others

Global Acoustic Insulation Market by End-use Industry

• • Building & construction
  • Transportation
  • Energy & Utilities
  • Industrial OEM
  • Oil & Gas
  • Others

Global Acoustic Insulation Market by Region

• • North America Acoustic Insulation Market (Option 1: As a part of the free 25% customization)
    • North America Acoustic Insulation Market by Type
    • North America Acoustic Insulation Market by End-use Industry
    • US Acoustic Insulation Market All-Up
    • Canada Acoustic Insulation Market All-Up
  • Europe Acoustic Insulation Market (Option 2: As a part of the free 25% customization)
    • Europe Acoustic Insulation Market by Type
    • Europe Acoustic Insulation Market by End-use Industry
    • UK Acoustic Insulation Market All-Up
    • Germany Acoustic Insulation Market All-Up
    • France Acoustic Insulation Market All-Up
    • Spain Acoustic Insulation Market All-Up
    • Rest of Europe Acoustic Insulation Market All-Up
  • Asia-Pacific Acoustic Insulation Market (Option 3: As a part of the free 25% customization)
    • Asia-Pacific Acoustic Insulation Market by Type
    • Asia-Pacific Acoustic Insulation Market by End-use Industry
    • China Acoustic Insulation Market All-Up
    • India Acoustic Insulation Market All-Up
    • Japan Acoustic Insulation Market All-Up
    • Rest of APAC Acoustic Insulation Market All-Up
  • RoW Acoustic Insulation Market (Option 4: As a part of the free 25% customization)
    • RoW Acoustic Insulation Market by Type
    • RoW Acoustic Insulation Market by End-use Industry
    • Brazil Acoustic Insulation Market All-Up
    • South Africa Acoustic Insulation Market All-Up
    • Saudi Arabia Acoustic Insulation Market All-Up
    • UAE Acoustic Insulation Market All-Up
    • Rest of world (remaining countries of the LAMEA region) Acoustic Insulation Market All-Up

Major Players Operating in the Acoustic Insulation (Option 5: As a part of the Free 25% Customization – Profiles of 5 Additional Companies of your Choice)

• • Saint-Gobain Group
  • Knauf Insulation
  • Armacell
  • Soprema
  • Rockwool International A/S
  • Huntsman International LLC.
  • Owens Corning
  • Kingspan Group
  • BASF SE
  • Johns Manville