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Acoustic Insulation Market Size, Share, Growth, Sales Revenue and Key Drivers Analysis Research Report to 2027 by Top Players Union Foam SpA, Dow Chemical Company, Insumate Ltd.

Acoustic Insulation Market is ascertained to reach USD 18.73 Billion by 2026 from USD 11.8 Billion in 2018, at a CAGR of 5.9% from 2019 to 2026

 

New York, NY -- (SBWIRE) -- 02/01/2021 -- Acoustic insulation, also known as soundproofing insulation, 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 used to absorb or reflect sounds to achieve acoustic comfort, which, in turn, reduces noise pollution and provides a safer work environment in areas where noise can cause serious damage or disturbance. There are many other applications of acoustic insulation materials like they are used as hood liners, sun visors, engine covers, firewalls and transmission tunnels in cars and other automotive vehicles. The global acoustic insulation market is ascertained to reach USD 19.83 Billion by 2027 from USD 12.49 Billion in 2019, at a CAGR of 5.9% from 2020 to 2027.

Companies considered and profiled in this market study:

Union Foam SpA, Dow Chemical Company, Insumate Ltd, Kingspan Group, Hutchinson.

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Market Driver:

The transportation industry is a key factor driving the market growth of acoustic insulation. The industry uses acoustic insulation for soundproofing against sound systems installed, engines, and other machinery sounds and external noise. The rise in industrialization and growing urbanization, which adds to the noise pollution, is expected to fuel the market growth in coming years. The increase in health consciousness among people is also a contributing factor for the growth of this market. Acoustic insulation materials, such as glass wool and stone wool, are widely used by different industry players to decrease the ill effects of noise pollution among workers.

For this report, Reports and Data have segmented the Acoustic Insulation market based on type, material type, applications, end-use and region:

Type (Revenue in USD Million; Volume in Tons, 2016–2026)

Blankets & Batt
Gypsum Panels
Acoustic Panels
Viscoelastic products
Others

Material Type (Revenue in USD Million; Volume in Tons, 2016–2026)

Glass wool
Rock wool
Foam Plastic
Others

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Applications (Revenue in USD Million; Volume in Tons, 2016–2026)

Residency
Video conferencing
Home Theatre
Recording Studios
Others

End-Use (Revenue in USD Million; Volume in Tons, 2016–2026)

Transportation
Manufacturing & Processing
Building & Construction
Industrial Use
Others

Regional landscape:

Asia Pacific is expected to register the highest growth in the global acoustic insulation market during the forecast period driven by the emerging transportation, building, and construction industries in developing economies, such as China and India.

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Table of Content:

Chapter 1. Market Synopsis

1.1. Market Definition
1.2. Research Scope & Premise
1.3. Methodology
1.4. Market Estimation Technique

Chapter 2. Executive Summary

2.1. Summary Snapshot, 2018 – 2026

Chapter 3. Indicative Metrics

3.1. Increasing Noise Pollution
3.2. Increased in demand for sound proofing in constructions
3.3. Availability of raw materials
3.4. Strict Government initiatives and norms

Chapter 4. Acoustic Insulation Segmentation & Impact Analysis

4.1. Acoustic Insulation Segmentation Analysis
4.2. Acoustic Insulation Market Value Chain Analysis, 2016-2026
4.3. Regulatory framework
4.4. Acoustic Insulation Market Impact Analysis

Continued…

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