The increasing demand for sound quality music studios, auditoriums, and corporate workplaces are the major factors driving the global acoustic insulation market.
Albany, NY -- (SBWIRE) -- 02/24/2017 -- Acoustic insulation is extensively applied in the manufacturing industry, which necessarily requires thermal and sound proofing. The sound insulation requirement varies from plant to plant depending on the operational process and location. The deployment of sound reducing structures that utilize mass-spring-mass principle or sound capsules can be used for lowering noise emissions from industrial processes into the open environment, particularly in urban areas.
Global Acoustic Insulation Market: Drivers and Restraints
The increasing demand for sound quality music studios, auditoriums, and corporate workplaces are the major factors driving the global acoustic insulation market. Acoustic insulation devices not only curb the ill effects of sound but also enhance sound quality. The positive indication from gyms and workout centers, industrial sound insulation, control rooms, shipbuilding segments, and cabinets hold immense growth opportunities for the global acoustic insulation market.
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The increasing noise pollution due to changing lifestyle combined with regulations for sustainable infrastructure are the also driving sales of acoustic insulation devices for commercial and residential spaces.
The large number of under-insulated homes in the U.S. presents a strong outlook for the sales of acoustic insulation devices. According to a study by the Harvard School of Public Health, in 2015, more than 47 million homes in the U.S. are under-insulated. The increased spending for non-residential construction such as heavy engineering and other industries presents a positive outlook for the acoustic insulation industry in the U.S.
The high rate of urbanization and industrialization combined with rising population in countries such as Brazil, India, Mexico, China, South Africa, and Russia is displaying an increased demand for improved residential and industrial infrastructure. This is aiding the growth of the global acoustic insulation market.
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However, factors such as disposability and health hazards due to direct exposure to toxic materials are threatening the growth of the acoustic insulation market. The blowing agents used in sound insulation systems contain ozone depleting substances leading to serious environmental concerns.
Global Acoustic Insulation Market: Regional Overview
In 2015, Asia Pacific led by China stood as a significant market for acoustic insulation. China construction sector witnessed a shift from government financed programs towards privately sponsored industrial and commercial projects. The increasing focus on taking fire safety measures and sound proofing in skyscrapers is fueling the demand for acoustic insulation devices. In addition, the growth of the industrial sector in countries such as China and India will benefit the global acoustic insulation market during the forecast timeframe.
North America, led by the U.S. is expected to be a significant market for acoustic insulation over the next few years. The increasing non-residential construction activities, which includes heavy engineering and other industries is presenting a strong outlook for the growth of this market.
The construction industry in the Middle East is also presenting a positive outlook for the adoption of acoustic insulation systems. Dubai contributes significantly to this market due to the extensive development of modern industrial and commercial structures. Since 2010, public buildings in the city are governed by regulations pertaining to air quality, acoustic comfort, fire safety, and resource efficiency and are subject to legal proceedings in the event of non-observance of the same.
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Major Companies Mentioned in Report
Some of the leading companies that operate in the global acoustic insulation market are Rockwool International, Owens Corning, Armacell, Fletcher, Knauf Insulation, Paroc, and Kingspan. Some other prominent companies that operate in this market are BASF, AIM, Twiga, Hush, SIDERISE, AFICO, Cellecta, Roxul, TAP, Lloyd, and K-Flex.
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