Acoustic Insulation Market Overview
The global acoustic insulation market was valued at $12,350.9 million in 2021 and is expected to reach $21,205.7 million by 2030, growing at a 5.75% CAGR between 2023 and 2030.
The science of decreasing noise pollution is known as acoustic insulation. This reduction can occur in rooms in a building, in factory open areas, public places, or even in the transportation sector. The global Acoustic Insulation market is expected to grow at a considerable rate in the forthcoming years.
Noise pollution has risen dramatically in recent years, particularly in emerging countries with large populations and dense populations. As well, increased noise pollution has resulted in health issues such as hearing loss, hypertension, heart disease, annoyance, and sleep disruption among the general public. Governments have created legislation to regulate the amount of noise in buildings and industrial sites in response to this problem. They're concentrating on establishing silent zones near hospitals, schools, and other critical areas. Additionally, along with the improvement in people's standard of living, there has been an increase in health awareness. People are becoming more aware of the advantages of adopting noise-isolating materials. Each of these factors is anticipated to have a definite impact on the global Acoustic Insulation market during the forecast period.
On the contrary, the high cost of installation is a key factor impeding the growth of the Acoustic Insulation market. Integrating acoustic insulation into infrastructure necessitates technically advanced knowledge and expertise, which is not easily available. Equally, disposability issue related to acoustic insulation materials is another factor adversely affecting the acoustic insulation market.
| Report Metric | Details |
| Market size available for years | 2023–2030 |
| Base year considered | 2023 |
| Forecast period | 2024–2030 |
| Forecast unit | Value (USD Million) |
| Segments covered | Material, End-User Industry, and Region |
| Regions covered | North America (the U.S. and Canada), Europe (UK, Germany, France, Italy, Spain, Russia, Rest of Europe), Asia-Pacific (China, India, Japan, Australia, South East Asia, Rest of Asia Pacific), Latin America and the Middle East and Africa (Brazil, Saudi Arabia, UAE, Rest of LAMEA) |
| Companies covered | DuPont Inc., Rockwool Group, Knauf Insulation, Johns Manville Corporation, 3M, Saint Gobain, Armacell International, Soprema, Huntsman, Owens Corning, Kingspan Group, BASF SE. |
Covid-19 Impact on Acoustic Insulation Market
The ongoing COVID-19 pandemic conditions have severely affected every sector around the world. Whereas, the chemicals and materials sectors were moderately affected during the pandemic. This is primarily due to the uncut demand for chemicals for healthcare, life science, and cleaning agents. However, other elements of chemical and material sectors such as paints, industrial oil, construction materials are facing diminution in demand. Strict lockdown resulted in a nearly 50-60% reduction in supply for raw materials, which directly affected the manufacturing process. Further, halt on many end-use industries directly affected the chemical demand all around the world.
Acoustic Insulation Market Segment Overview
Based on Material, Foamed Plastic is the top material used for acoustic insulation. This is due to its lower price. Also, Stone wool and glass wool are equally popular acoustic insulation materials. Furthermore, by end-user industry, the Building & Construction segment is projected to hold the largest share of the acoustic insulation market during the forecast period. Transport and the industrial/HVAC & OEM are also the largest segments in the market. However, the transport segment is comparatively new and is anticipated to enlarge at a faster pace.
Acoustic Insulation Market, By Material
· Glass Wool
· Stone Wool
· Foamed Plastic
· Fabric Soundproofing Materials
Acoustic Insulation Market, By End-User Industry
· Building & Construction
· Transport
· Industrial/HVAC & OEM
Acoustic Insulation Market Regional Overview
In terms of region, Europe is expected to hold the largest share in the global Acoustic Insulation market. Developed economies such as the United Kingdom, France, Italy, Spain, and Germany, among others, have a significant industrial foundation in the region. The need for acoustic insulation in Europe is being driven by the increasing need for soundproofing in these countries' sectors. The region's energy transition, as well as a growing emphasis on sound isolation, are becoming increasingly crucial. These key factors have made Europe a major market for acoustic insulation. Similarly, the market in the Asia Pacific is projected to rise significantly in the forecast period. This is because of the higher density of population.
Acoustic Insulation Market, By Geography
· North America (US & Canada)
· Europe (UK, Germany, France, Italy, Spain, Russia & Rest of Europe)
· Asia-Pacific (Japan, China, India, Australia, & South Korea, & Rest of Asia-Pacific)
· LAMEA (Brazil, Saudi Arabia, UAE & Rest of LAMEA)
Acoustic Insulation Market, Key Players
· DuPont Inc.
· Rockwool Group
· Knauf Insulation
· Johns Manville Corporation
· 3M
· Saint Gobain
· Armacell International
· Soprema
· Huntsman
· Owens Corning
· Kingspan Group
· BASF SE
Frequently Asked Questions (FAQ) :
Q1. What is the total CAGR expected to be recorded for the Acoustic Insulation market during the forecast period?
The Acoustic Insulation market is expected to record a CAGR of ~ 6 % during the forecast period.
Q2. What are the driving factors for the Acoustic Insulation market?
Increasing noise pollution, growing awareness of people about the advantages of adopting noise-isolating materials, and governments have created legislation to regulate the amount of noise in buildings and industrial sites are some major factors that boost the growth of the Acoustic Insulation market.
Q3. What are the restraining factors for the Acoustic Insulation market?
High cost of installation and disposability issues related to acoustic insulation materials are some major factors that hamper the growth of the global Acoustic Insulation market.
Q4. Which segment is projected to hold the largest share in the Acoustic Insulation Market. ?
The Foamed Plastic segment is projected to hold the largest share in the Acoustic Insulation Market.
Q5. Which are the prominent players in the Acoustic Insulation Market?
DuPont Inc., Rockwool Group, Knauf Insulation, Johns Manville Corporation, 3M, Saint Gobain, Armacell International, Soprema, Huntsman, Owens Corning, Kingspan Group, BASF SE. are some key players in the Acoustic Insulation Market.
1. Introduction
- 1.1. Research Scope
- 1.2. Market Segmentation
- 1.3. Research Methodology
- 1.4. Definitions and Assumptions
2. Executive Summary
3. Market Dynamics
- 3.1. Market Drivers
- 3.2. Market Restraints
- 3.3. Market Opportunities
4. Key Insights
- 4.1. Key Emerging Trends – For Major Countries
- 4.2. Latest Technological Advancement
- 4.3. Regulatory Landscape
- 4.4. Industry SWOT Analysis
- 4.5. Porters Five Forces Analysis
5. Global Acoustic Insulation Market Analysis (USD Billion), Insights and Forecast, 2023-2030
- 5.1. Key Findings / Summary
- 5.2. Market Analysis, Insights and Forecast – By Material
- 5.2.1. Glass Wool
- 5.2.2. Stone Wool
- 5.2.3. Foamed Plastic
- 5.2.4. Fabric Soundproofing Materials
- 5.3. Market Analysis, Insights and Forecast – By End-User Industry
- 5.3.1. Building & Construction
- 5.3.2. Transport
- 5.3.3. Industrial/HVAC & OEM
- 5.4. Market Analysis, Insights and Forecast – By Region
- 5.4.1. North America
- 5.4.2. Europe
- 5.4.3. Asia Pacific
- 5.4.4. Latin America, Middle East and Africa
6. North America Acoustic Insulation Market Analysis (USD Billion), Insights and Forecast, 2023-2030
- 6.1. Key Findings / Summary
- 6.2. Market Analysis, Insights and Forecast – By Material
- 6.2.1. Glass Wool
- 6.2.2. Stone Wool
- 6.2.3. Foamed Plastic
- 6.2.4. Fabric Soundproofing Materials
- 6.3. Market Analysis, Insights and Forecast – By End-User Industry
- 6.3.1. Building & Construction
- 6.3.2. Transport
- 6.3.3. Industrial/HVAC & OEM
- 6.4. Market Analysis, Insights and Forecast – By Country
- 6.4.1. U.S.
- 6.4.2. Canada
7. Europe Acoustic Insulation Market Analysis (USD Billion), Insights and Forecast, 2023-2030
- 7.1. Key Findings / Summary
- 7.2. Market Analysis, Insights and Forecast – By Material
- 7.2.1. Glass Wool
- 7.2.2. Stone Wool
- 7.2.3. Foamed Plastic
- 7.2.4. Fabric Soundproofing Materials
- 7.3. Market Analysis, Insights and Forecast – By End-User Industry
- 7.3.1. Building & Construction
- 7.3.2. Transport
- 7.3.3. Industrial/HVAC & OEM
- 7.4. Market Analysis, Insights and Forecast – By Country
- 7.4.1. UK
- 7.4.2. Germany
- 7.4.3. France
- 7.4.4. Italy
- 7.4.5. Spain
- 7.4.6. Russia
- 7.4.7. Rest of Europe
8. Asia Pacific Acoustic Insulation Market Analysis (USD Billion), Insights and Forecast, 2023-2030
- 8.1. Key Findings / Summary
- 8.2. Market Analysis, Insights and Forecast – By Material
- 8.2.1. Glass Wool
- 8.2.2. Stone Wool
- 8.2.3. Foamed Plastic
- 8.2.4. Fabric Soundproofing Materials
- 8.3. Market Analysis, Insights and Forecast – By End-User Industry
- 8.3.1. Building & Construction
- 8.3.2. Transport
- 8.3.3. Industrial/HVAC & OEM
- 8.4. Market Analysis, Insights and Forecast – By Country
- 8.4.1. China
- 8.4.2. India
- 8.4.3. Japan
- 8.4.4. Australia
- 8.4.5. South East Asia
- 8.4.6. Rest of Asia Pacific
9. Latin America, Middle East and Africa Acoustic Insulation Market Analysis (USD Billion), Insights and Forecast, 2023-2030
- 9.1. Key Findings / Summary
- 9.2. Market Analysis, Insights and Forecast – By Material
- 9.2.1. Glass Wool
- 9.2.2. Stone Wool
- 9.2.3. Foamed Plastic
- 9.2.4. Fabric Soundproofing Materials
- 9.3. Market Analysis, Insights and Forecast – By End-User Industry
- 9.3.1. Building & Construction
- 9.3.2. Transport
- 9.3.3. Industrial/HVAC & OEM
- 9.4. Market Analysis, Insights and Forecast – By Country
- 9.4.1. Brazil
- 9.4.2. Saudi Arabia
- 9.4.3. UAE
- 9.4.4. Rest of LAMEA
10. Competitive Analysis
- 10.1. Company Market Share Analysis, 2021
- 10.2. Key Industry Developments
- 10.3. Company Profile
- 10.4. DuPont Inc.
- 10.4.1. Business Overview
- 10.4.2. Segment 1 & Service Offering
- 10.4.3. Overall Revenue
- 10.4.4. Geographic Presence
- 10.4.5. Recent Development
- 10.5. Rockwool Group
- 10.6. Knauf Insulation
- 10.7. Johns Manville Corporation
- 10.8. 3M
- 10.9. Saint Gobain
- 10.10. Armacell International
- 10.11. Soprema
- 10.12. Huntsman
- 10.13. Owens Corning
- 10.14. Kingspan Group
Data Library Research are conducted by industry experts who offer insight on industry structure, market segmentations technology assessment and competitive landscape (CL), and penetration, as well as on emerging trends. Their analysis is based on primary interviews (~ 80%) and secondary research (~ 20%) as well as years of professional expertise in their respective industries. Adding to this, by analysing historical trends and current market positions, our analysts predict where the market will be headed for the next five years. Furthermore, the varying trends of segment & categories geographically presented are also studied and the estimated based on the primary & secondary research.
In this particular report from the supply side Data Library Research has conducted primary surveys (interviews) with the key level executives (VP, CEO’s, Marketing Director, Business Development Manager and SOFT) of the companies that active & prominent as well as the midsized organization
FIGURE 1: DLR RESEARH PROCESS
Extensive primary research was conducted to gain a deeper insight of the market and industry performance. The analysis is based on both primary and secondary research as well as years of professional expertise in the respective industries.
In addition to analysing current and historical trends, our analysts predict where the market is headed over the next five years.
It varies by segment for these categories geographically presented in the list of market tables. Speaking about this particular report we have conducted primary surveys (interviews) with the key level executives (VP, CEO’s, Marketing Director, Business Development Manager and many more) of the major players active in the market.
Secondary ResearchSecondary research was mainly used to collect and identify information useful for the extensive, technical, market-oriented, and Friend’s study of the Global Extra Neutral Alcohol. It was also used to obtain key information about major players, market classification and segmentation according to the industry trends, geographical markets, and developments related to the market and technology perspectives. For this study, analysts have gathered information from various credible sources, such as annual reports, sec filings, journals, white papers, SOFT presentations, and company web sites.
Market Size EstimationBoth, top-down and bottom-up approaches were used to estimate and validate the size of the Global market and to estimate the size of various other dependent submarkets in the overall Extra Neutral Alcohol. The key players in the market were identified through secondary research and their market contributions in the respective geographies were determined through primary and secondary research.
Forecast Model
