USD 15.25 Billion
Acoustic Insulation Market Size, Share, Growth Analysis, By Type(Glass Wool, Rock Wool, Mineral Wool, Foamed Plastic (Polyethylene), By End-Use(Building & Construction (Residential Buildings, Commercial Buildings), Transportation (Automotive, Marine), By Region - Industry Forecast 2024-2031
Report ID:
SQMIG15F2080 |
Region:
Global |
Published Date: August, 2024
Pages:
184
|Tables:
62
|Figures:
75
Acoustic Insulation Market Insights
Global Acoustic insulation Market size was valued at USD 15.25 Billion in 2022 and is poised to grow from USD 15.86 Billion in 2023 to reach USD 20.87 Billion by 2031, at a CAGR of 4% during the forecast period (2024-2031).
Acoustic insulation helps enhance productivity, reduce stress levels, improve safety, and comply with noise regulations. The expanding construction industry, particularly in developing economies, is a significant driver of the acoustic insulation market. Governments and regulatory bodies worldwide are implementing stricter noise regulations and standards, especially in sectors like transportation, healthcare, and industrial manufacturing. Rising awareness about the adverse effects of noise pollution on health and well-being is leading to higher demand for acoustic insulation. The acoustic insulation market faces the challenge of continuously innovating and developing new technologies to enhance the performance of insulation materials.
The global Acoustic insulation market refers to the industry that focuses on providing solutions and materials for reducing or controlling sound transmission in various applications. Acoustic insulation is essential in sectors such as construction, automotive, aerospace, industrial, and commercial, where noise control is critical for comfort, safety, and compliance with regulations. The market includes products like insulation boards, panels, foams, fabrics, and barriers, among others. The primary purpose of the acoustic insulation market is to address the increasing demand for noise reduction and control solutions across different industries. The market aims to provide effective soundproofing materials and technologies that minimize noise transmission, creating quieter and more comfortable environments for various applications.
The demand for energy-efficient buildings and infrastructure provides an opportunity for the acoustic insulation market. Acoustic insulation materials that also offer thermal insulation properties can contribute to energy savings by reducing heat loss or gain. The global acoustic insulation market serves the purpose of providing effective soundproofing solutions to various industries.
Market snapshot - 2024-2031
Global Market Size
Largest Segment
In Store
Fastest Growth
In Store
Growth Rate
4% CAGR
Global Acoustic Insulation Market ($ Bn)
Country Share for North America Region (%)
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Acoustic Insulation Market Segmental Analysis
The global acoustic insulation market is segmented based on type, end-use, and region. In terms of type, the market is segmented into glass wool, rock wool, mineral wool, foamed plastic (polyethylene, polyurethane, polystyrene, polyisocyanurate, phenolic foam, and others), elastomeric foam (nitrile-butadiene rubber foam, ethylene propylene diene monomer foam, chloroprene foam, and others), and others. By end-use, the market is segmented into building & construction (residential buildings, and commercial buildings), transportation (automotive, marine, aerospace, railways, and earth moving equipment), oil & gas and petrochemicals (compressors, high-pressure pipes, vessels, and equipment encapsulation), energy & utilities (compressors, high-pressure pipes, pump, power generation, and turbine room), and industrial & OEM(general manufacturing, telecom, and semiconductors). Region wise, the market is segmented into North America, Europe, Asia Pacific, Middle East and Africa, and Latin America.
Acoustic Insulation Market Analysis by Sales Channel
Acoustic insulation products are commonly available in building material stores, specialty acoustic stores, and home improvement centers. Customers can physically visit these stores, interact with knowledgeable staff, and choose the appropriate products based on their specific requirements.
The online sales channel has gained significant popularity, providing customers with convenience and a wide range of options. Acoustic insulation products are sold through e-commerce platform, manufacturer websites, and online marketplaces. Customers can compare products, read reviews, and make purchases from the comfort of their homes or offices.
Acoustic Insulation Market Analysis by End-use
The construction industry is a significant end user of acoustic insulation products. Soundproofing materials are used in residential, commercial, and institutional buildings to create quieter and more comfortable living and working environments. Industries such as manufacturing, power generation, and oil and gas require effective noise control solutions to ensure worker safety and comply with regulations. Acoustic insulation is used in industrial facilities to reduce noise levels and create a conducive work environment.
The transportation sector includes automotive, aerospace, and marine applications. Acoustic insulation materials are used to minimize noise and vibrations in vehicles and aircraft, improving passenger comfort and reducing noise pollution.
Global Acoustic Insulation Market Size By Type (%)
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Acoustic Insulation Market Regional Insights
North America dominates the global acoustic insulation market due to its mature construction industry, stringent noise regulations, and high awareness of noise pollution. The region's strong presence in the automotive and aerospace sectors also contributes to its dominance. These factors drive the demand for acoustic insulation materials in residential, commercial, and infrastructure projects. The region also has a significant automotive and aerospace industry, where acoustic insulation is crucial for reducing noise and vibration in vehicles and aircraft. industries such as manufacturing and power generation in North America implement noise control measures, further contributing to the demand for acoustic insulation products.
The Asia-Pacific region is emerging as the fastest-growing market due to rapid urbanization, infrastructure development, and industrial expansion. The construction boom, automotive industry growth, and increasing industrial activities in Asia-Pacific are driving the demand for acoustic insulation materials. There is a growing requirement for acoustic insulation materials to improve passenger comfort and comply with noise regulations. The industrial sector in the Asia-Pacific region is expanding, particularly in manufacturing and energy sectors. These industries are increasingly adopting noise control measures, driving the demand for acoustic insulation products.
Global Acoustic Insulation Market Size By Geography
- Largest
- Fastest
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Acoustic Insulation Market Dynamics
Acoustic Insulation Market Drivers
Stringent Noise Regulations
- Increasingly stringent noise regulations across industries and regions continued to drive the demand for acoustic insulation in 2023. For example, in the European Union, the revised Environmental Noise Directive (END) came into effect, necessitating noise reduction measures in various sectors. Compliance with such regulations compelled industries to invest in acoustic insulation solutions.
Growing Construction Industry
- The construction industry experienced a rebound in 2023 after the slowdown. The increased construction activities, particularly in residential and commercial sectors, drove the demand for acoustic insulation materials. The construction industry's recovery, coupled with the focus on creating sustainable and energy-efficient buildings, provided growth opportunities for acoustic insulation.
Acoustic Insulation Market Restraints
Supply Chain Disruptions
- The global acoustic insulation market, like many other industries, faced supply chain disruptions in 2023. trade restrictions, and transportation challenges affected the availability and cost of raw materials and components. These disruptions hampered the production and distribution of acoustic insulation products, impacting the market.
High Costs
- The cost of acoustic insulation materials, especially those with advanced features and superior performance, remained relatively high in 2023. The higher costs associated with acoustic insulation limited its adoption, particularly in price-sensitive markets. Cost considerations posed a challenge for market growth, especially in regions with budget constraints.
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Acoustic Insulation Market Competitive Landscape
The global acoustic insulation market is highly competitive, with several key players operating on a global scale. The competitive landscape is characterized by a mix of large multinational corporations, regional players, and niche market participants. These companies strive to differentiate themselves by offering a wide range of acoustic insulation products, innovative solutions, and strong customer support. These key players are engaged in various strategies to maintain their market position and gain a competitive edge. These strategies include product innovation, mergers and acquisitions, partnerships and collaborations, and geographical expansion. Companies are also investing in research and development to develop advanced acoustic insulation materials with improved performance and environmental sustainability.
Top Player’s Company Profiles in Acoustic Insulation Market
- Saint-Gobain (France)
- Rockwool International (Denmark)
- Owens Corning (US)
- Knauf Insulation (Germany)
- BASF SE (Germany)
- Kingspan Group (Ireland)
- Johns Manville (US)
- Fletcher Insulation (Australia)
- Armacell International S.A. (Luxembourg)
- Superglass Insulation Ltd. (UK)
- Siderise Group (UK)
- L'ISOLANTE K-FLEX S.p.A. (Italy)
- Acoustiblok UK Ltd. (UK)
- Cellecta Ltd. (UK)
- Beijing New Building Material (Group) Co., Ltd. (China)
- Troldtekt A/S (Denmark)
- Sontext Pty Ltd. (Australia)
- ROCKWOOL Group (Denmark)
- Aspen Aerogels, Inc. (US)
- Quietstone UK Ltd. (UK)
- Polyglass S.p.A. (Italy)
- FIBRAN S.A. (Greece)
- Hush Acoustics Ltd. (UK)
Acoustic Insulation Market Recent Developments
- In March 2022, Rockwool International introduced a new stone wool insulation product with enhanced acoustic properties. The product offers improved sound absorption and transmission loss, catering to the growing demand for efficient noise control solutions.
- In February 2022, Kingspan Group launched a new range of high-performance acoustic insulation solutions designed to enhance sound control in buildings. The products offer improved acoustic performance while maintaining sustainability and energy efficiency.
- In January 2022, Owens Corning announced the expansion of its production capacity for glass fiber insulation in India to meet the growing demand for acoustic insulation products in the region.
- In December 2021, BASF SE announced the development of a new generation of open-cell foam for acoustic applications. The foam provides high sound absorption properties and can be used in various industries, including automotive and construction.
Acoustic Insulation Key Market Trends
- Growing Demand for Sustainable Solutions: The trend towards sustainability continued to shape the acoustic insulation market in 2023. There was an increasing focus on eco-friendly and recyclable materials to meet environmental regulations and address customer preferences. Manufacturers invested in research and development to develop sustainable acoustic insulation solutions, such as those made from recycled materials or bio-based alternatives.
- Technological Advancements: Advancements in acoustic insulation technologies were prominent in 2023. Manufacturers introduced innovative products with improved sound absorption and transmission loss capabilities. For instance, new materials with enhanced acoustic performance, such as micro-perforated panels and advanced composite systems, were introduced to the market. These technological advancements aimed to provide more effective and efficient noise control solutions.
Acoustic Insulation Market SkyQuest Analysis
SkyQuest’s ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Services team that Collects, Collates, Correlates, and Analyzes the Data collected by means of Primary Exploratory Research backed by robust Secondary Desk research.
According to our global acoustic insulation market analysis, the market is driven by the increasing awareness of noise pollution and the need for soundproofing solutions across various industries. The market analysis provides insights into the market size, growth rate, key players, trends, and factors influencing the market. The global acoustic insulation market has been experiencing steady growth over the years. Factors such as urbanization, industrialization, and infrastructure development contribute to the market's expansion.
The market size is expected to reach a significant value in the coming years due to the rising demand for acoustic insulation materials in construction, industrial, and transportation sectors. The market is characterized by the presence of several major players, as well as regional and local manufacturers. The global acoustic insulation market faces challenges and restraints that can impact its growth. Market analysis provides valuable insights into the current market scenario, trends, growth prospects, challenges, and opportunities in the global acoustic insulation market. Understanding these factors is essential for market participants to make informed decisions, develop effective strategies, and capitalize on emerging opportunities.
| Report Metric | Details |
|---|---|
| Market size value in 2022 | USD 15.25 Billion |
| Market size value in 2031 | USD 20.87 Billion |
| Growth Rate | 4% |
| Base year | 2023 |
| Forecast period | 2024-2031 |
| Forecast Unit (Value) | USD Billion |
| Segments covered |
|
| Regions covered | North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA) |
| Companies covered |
|
| Customization scope | Free report customization with purchase. Customization includes:-
|
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Table Of Content
Executive Summary
Market overview
- Exhibit: Executive Summary – Chart on Market Overview
- Exhibit: Executive Summary – Data Table on Market Overview
- Exhibit: Executive Summary – Chart on Acoustic Insulation Market Characteristics
- Exhibit: Executive Summary – Chart on Market by Geography
- Exhibit: Executive Summary – Chart on Market Segmentation
- Exhibit: Executive Summary – Chart on Incremental Growth
- Exhibit: Executive Summary – Data Table on Incremental Growth
- Exhibit: Executive Summary – Chart on Vendor Market Positioning
Parent Market Analysis
Market overview
Market size
- Market Dynamics
- Exhibit: Impact analysis of DROC, 2021
- Drivers
- Opportunities
- Restraints
- Challenges
- Exhibit: Impact analysis of DROC, 2021
- SWOT Analysis
KEY MARKET INSIGHTS
- Technology Analysis
- (Exhibit: Data Table: Name of technology and details)
- Pricing Analysis
- (Exhibit: Data Table: Name of technology and pricing details)
- Supply Chain Analysis
- (Exhibit: Detailed Supply Chain Presentation)
- Value Chain Analysis
- (Exhibit: Detailed Value Chain Presentation)
- Ecosystem Of the Market
- Exhibit: Parent Market Ecosystem Market Analysis
- Exhibit: Market Characteristics of Parent Market
- IP Analysis
- (Exhibit: Data Table: Name of product/technology, patents filed, inventor/company name, acquiring firm)
- Trade Analysis
- (Exhibit: Data Table: Import and Export data details)
- Startup Analysis
- (Exhibit: Data Table: Emerging startups details)
- Raw Material Analysis
- (Exhibit: Data Table: Mapping of key raw materials)
- Innovation Matrix
- (Exhibit: Positioning Matrix: Mapping of new and existing technologies)
- Pipeline product Analysis
- (Exhibit: Data Table: Name of companies and pipeline products, regional mapping)
- Macroeconomic Indicators
COVID IMPACT
- Introduction
- Impact On Economy—scenario Assessment
- Exhibit: Data on GDP - Year-over-year growth 2016-2022 (%)
- Revised Market Size
- Exhibit: Data Table on Acoustic Insulation Market size and forecast 2021-2027 ($ million)
- Impact Of COVID On Key Segments
- Exhibit: Data Table on Segment Market size and forecast 2021-2027 ($ million)
- COVID Strategies By Company
- Exhibit: Analysis on key strategies adopted by companies
MARKET DYNAMICS & OUTLOOK
- Market Dynamics
- Exhibit: Impact analysis of DROC, 2021
- Drivers
- Opportunities
- Restraints
- Challenges
- Exhibit: Impact analysis of DROC, 2021
- Regulatory Landscape
- Exhibit: Data Table on regulation from different region
- SWOT Analysis
- Porters Analysis
- Competitive rivalry
- Exhibit: Competitive rivalry Impact of key factors, 2021
- Threat of substitute products
- Exhibit: Threat of Substitute Products Impact of key factors, 2021
- Bargaining power of buyers
- Exhibit: buyers bargaining power Impact of key factors, 2021
- Threat of new entrants
- Exhibit: Threat of new entrants Impact of key factors, 2021
- Bargaining power of suppliers
- Exhibit: Threat of suppliers bargaining power Impact of key factors, 2021
- Competitive rivalry
- Skyquest special insights on future disruptions
- Political Impact
- Economic impact
- Social Impact
- Technical Impact
- Environmental Impact
- Legal Impact
Market Size by Region
- Chart on Market share by geography 2021-2027 (%)
- Data Table on Market share by geography 2021-2027(%)
- North America
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- USA
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Canada
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Europe
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- Germany
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Spain
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- France
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- UK
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of Europe
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Asia Pacific
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- China
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- India
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Japan
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- South Korea
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of Asia Pacific
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Latin America
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- Brazil
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of South America
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Middle East & Africa (MEA)
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- GCC Countries
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- South Africa
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of MEA
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
KEY COMPANY PROFILES
- Competitive Landscape
- Total number of companies covered
- Exhibit: companies covered in the report, 2021
- Top companies market positioning
- Exhibit: company positioning matrix, 2021
- Top companies market Share
- Exhibit: Pie chart analysis on company market share, 2021(%)
- Total number of companies covered
Methodology
For the Acoustic Insulation Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:
1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.
2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the Acoustic Insulation Market.
3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.
4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.
Analyst Support
Customization Options
With the given market data, our dedicated team of analysts can offer you the following customization options are available for the Acoustic Insulation Market:
Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.
Regional Analysis: Further analysis of the Acoustic Insulation Market for additional countries.
Competitive Analysis: Detailed analysis and profiling of additional Market players & comparative analysis of competitive products.
Go to Market Strategy: Find the high-growth channels to invest your marketing efforts and increase your customer base.
Innovation Mapping: Identify racial solutions and innovation, connected to deep ecosystems of innovators, start-ups, academics, and strategic partners.
Category Intelligence: Customized intelligence that is relevant to their supply Markets will enable them to make smarter sourcing decisions and improve their category management.
Public Company Transcript Analysis: To improve the investment performance by generating new alpha and making better-informed decisions.
Social Media Listening: To analyze the conversations and trends happening not just around your brand, but around your industry as a whole, and use those insights to make better Marketing decisions.
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