Report ID: SQMIG20B2054
Report ID:
SQMIG20B2054 |
Region:
Global |
Published Date: April, 2024
Pages:
202
|
Tables:
64 |
Figures:
80
Global Impact Sound Insulation Acoustic Mat Market size was valued at USD 3.98 billion in 2022 and is poised to grow from USD 4.28 billion in 2023 to USD 7.69 billion by 2031, at a CAGR of 7.60% during the forecast period (2024-2031).
Rapid urbanization and growing construction activity are projected to emerge as major catalysts for impact sound insulation acoustic mat market growth in the future. Rising awareness regarding noise pollution and efforts to reduce it around the world are estimated to promote the uptake of impact sound insulation acoustic mats in the future. Higher population density in metro cities is driving up the demand for acoustic solutions to reduce noise pollution and this trend is common for developing as well as developed economies. Imposition of stringent regulations for construction companies to keep their noise levels low and the increasing preference of consumers for a quieter indoor environment with minimal noise pollution is also estimated to boost demand for impact sound insulation acoustic mats going forward.
Adoption of sustainable building practices could also favor impact sound insulation acoustic mat sales in the future. Better thermal efficiency and energy efficiency are added benefits of impact sound insulation acoustic mats and growing awareness of these benefits is forecasted to bolster impact sound insulation acoustic mat market growth in the long run. Improving the living standards of people and advancements in acoustic technologies are leading to high demand for advanced impact sound insulation acoustic mats. Growing construction of high rises around the world is also a factor that is slated to benefit impact sound insulation acoustic mat market growth through 2030.
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Report ID: SQMIG20B2054