Report ID: SQMIG20B2054
Report ID:
SQMIG20B2054 |
Region:
Global |
Published Date: April, 2024
Pages:
202
|
Tables:
64 |
Figures:
80
North America currently accounts for a dominant share of the global impact sound insulation acoustic mat marketplace. Canada and the United States are projected to be leading markets for impact sound insulation acoustic mat suppliers in the North American region over the coming years. Implementation of stringent building codes mandating the use of acoustic mats and panels to reduce noise pollution contributes to the high market share of this region. Rising construction of skyscrapers and commercial spaces is also necessitating the use of impact sound insulation acoustic mats in construction in North America. The presence of established impact sound insulation acoustic mat manufacturers in this region and the growing focus on sustainability are other factors that influenced market development in this region.
Asia Pacific is estimated to emerge as the fastest-growing regional market in the world across the forecast period. Robust investments in infrastructure development have resulted in high construction activity, which in turn, is favoring impact sound insulation acoustic mat sales as well. Growing disposable income and increasing urbanization in countries such as India and China are also contributing to the high demand for impact sound insulation acoustic mats in the Asia Pacific region going forward. High demand for noise control in residential, as well as commercial buildings owing to the implementation of strict noise pollution regulations, is also slated to bolster impact sound insulation acoustic mat market growth in the long run. Expansion of the real estate industry in this region is also forecasted to favor the adoption of impact sound insulation acoustic mats in the future.
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Report ID: SQMIG20B2054