The global acoustic insulation market is projected to be worth USD 19.64 Billion by 2027, according to a current analysis by Emergen Research. The acoustic insulation market is observing high growth attributed to the growing demand for acoustic insulation in buildings.
The introduction of innovative construction technologies, the presence of various sound sources such as modern-day high decibel audio systems in residences, and growing awareness of noise pollution in the society contribute to the development of acoustic insulation design. And hence drive the market demand. In commercial buildings where prioritization is on customer satisfaction, increased noise pollution can lead to a bad reputation among prospects and more complaints by the existing occupants. Acoustic insulation assists in reducing loud noise, enhance privacy, and lead to more pleasant environments.
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The competitive landscape of the report has been formulated by considering all the vital parameters such as company profiling, market share, recent developments and advancements, gross margins, product portfolio, revenue generation, financial standing, market position, and expansion plans. The report also discusses in detail the recent mergers and acquisitions, joint ventures, collaborations, product launches and brand promotions, agreements, corporate and government deals, and partnerships, among others. The report also sheds light on the recent technological developments and product advancements in the Acoustic Insulation Market.
Key players include Knauf Insulation, Saint-Gobain, 3M, BASF SE, Kingspan Group, Rockwool International, Owens Corning, Armacell International, Fletcher Insulation, and Johns Manville, among others.
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Emergen Research has segmented the global acoustic insulation market on the basis of product type, distribution channel, industry vertical, and region:
Product Type Outlook (Revenue, USD Billion; 2017-2027)
Glass Wool
Rock Wool
Foamed Plastics
Others
Distribution Channel Outlook (Revenue, USD Billion; 2017-2027)
Online
Offline
Industry Vertical Outlook (Revenue, USD Billion; 2017-2027)
Building Construction
Transportation
Manufacturing
Others
Key Highlights of Report
In July 2019, Knauf Insulation introduced innovative Acoustic Batt insulation to cater to the demand for a soundproof insulation slab intended for the South African market. An Acoustic Batt insulation is highly effective insulation developed for application in intermediate floors and internal partition walls for noise transmission reduction.
Mineral wool has exceptional sound absorption features as it has an open structure allowing sound to be trapped between its strands and transforming it into heat energy.
Steel, in terms of structure and performance, is among the most suitable material for acoustic insulation. However, the material being cost-prohibitive is less popular among consumers.
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Acoustic Insulation Market Segmentation by Regions:
- North America (U.S., Canada)
- Europe (U.K., Italy, Germany, France, Rest of EU)
- Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
- Latin America (Chile, Brazil, Argentina, Rest of Latin America)
- Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
Objectives of the Report:
- Study of the global Acoustic Insulation market size by key regions, types, and applications with reference to historical data (2016-2018) and forecast (2020-2027)
- Industrial structure analysis of the Acoustic Insulation market by identification of various sub-segments
- Extensive analysis of key market players along with their SWOT analysis
- Competitive landscape bench marking
- Analysis of Acoustic Insulation market based on growth trends, futuristic outlook, and contribution to the total growth of the market
- Analysis of drivers, constraints, opportunities, challenges, and risks in the global Acoustic Insulation market
- Comprehensive analysis of competitive developments such as expansions, agreements, new product launches, and other strategic alliances
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