GLOBAL ACOUSTIC INSULATION MARKET SIZE AND SHARE ANALYSIS - GROWTH TRENDS AND FORECASTS (2024-2031)

Global acoustic insulation market is estimated to be valued at USD 16.7 Bn in 2024, exhibiting a compound annual growth rate (CAGR) of 4.1% from 2024 to 2031. Acoustic insulation is a process of reducing the sound level transmitted between two spaces through solid material such as walls, ceilings or floors. It plays a key role in delivering noise control and soundproofing solutions for various applications in building and construction sector. Growing urbanization and infrastructure development activities have increased noise pollution levels in both industrial and residential areas. Stringent government regulations regarding noise control are being implemented worldwide, and this boosts demand for effective acoustic insulation materials and solutions. Increasing consumer awareness about workplace safety and noise-induced health issues is driving the acoustic insulation market growth. However, high costs associated with acoustic insulation processes can hinder the widespread adoption, especially in developing regions.

 Market Dynamics:

Global acoustic insulation market growth is primarily driven by rapidly growing construction industry across both commercial and residential sectors. Rising infrastructure development projects for roads, railways, airports and other public utilities are generating significant demand for acoustic insulation. Stringent noise control regulations implemented by regulatory bodies like EPA and WHO are further necessitating the use of acoustic insulation in industries, plants and commercial buildings. Innovation in material science has led to development of innovative insulation materials with advanced sound absorption and blocking capabilities. However, high material and installation costs remain key challenges especially in price-sensitive developing markets. Moreover, lack of awareness regarding noise pollution problems in rural areas can hamper the market growth to some extent. Increasing research & development activities to produce cost-effective and eco-friendly acoustic insulation products present significant growth opportunities in the near future.

 Key features of the study:

• This report provides in-depth analysis of the global acoustic insulation market, and provides market size (US$ Bn) and compound annual growth rate (CAGR%) for the forecast period (2024–2031), considering 2023 as the base year
• It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
• This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players
• It profiles key players in the global acoustic insulation market based on the following parameters – company highlights, products portfolio, key highlights, financial performance, and strategies
• Key companies covered as a part of this study include Gates Industrial Corporation plc, Owens Corning, Rockwool International, Compagnie de Saint-Gobain S.A., Armacell International S.A., BASF, Kingspan Group plc, Fletcher Insulation, Cellecta Ltd., International Cellulose Corporation, Johns Manville, Hush Acoustics, Siderise, Arabian Fiberglass Insulation Company Ltd., L'Isolante K-Flex S.p.A., Dynamic Wool Tex, Alaska PUF Industries, Shri Radhika Nonwoven Private Limited, Insulapack, Unidus India, and SOPREMA
• Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
• Global acoustic insulation market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
• Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global acoustic insulation market

Detailed Segmentation-

• By Type:
• • Mineral Wool
  • Foamed Plastic
  • Elastomeric Foam
  • Others
• By End-use Industry:
• • Building and Construction
  • Transportation
  • Oil & Gas and Petrochemical
  • Energy and Utilities
  • Others (Industrial and OEM, etc.)
• By Region:
• • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East & Africa
• Company Profiles:
• • Gates Industrial Corporation plc
  • Owens Corning
  • Rockwool International
  • Compagnie de Saint-Gobain S.A.
  • Armacell International S.A.
  • BASF
  • Kingspan Group plc
  • Fletcher Insulation
  • CellectaLtd.
  • International Cellulose Corporation
  • Johns Manville
  • Hush Acoustics
  • Siderise
  • Arabian Fiberglass Insulation Company Ltd.
  • L'Isolante K-Flex S.p.A.
  • Dynamic Wool Tex
  • Alaska PUF Industries
  • Shri Radhika Nonwoven Private Limited
  • Insulapack
  • Unidus India
  • SOPREMA