Global acoustic insulation market was valued at USD 12.48 billion in 2015 and is expected to reach USD 17.03 billion by 2021

The global acoustic insulation market was valued at USD 12.48 billion in 2015 and is expected to reach USD 17.03 billion by 2021, growing at a CAGR of 5.32%, during the forecast period 2016-2021.

Market Dynamics

The acoustic insulation market is mainly driven by factors such as government regulations for controlling noise pollution and the growing interest of consumers towards acoustic insulation for commercial and residential purposes. Rise in construction activities in North America is another factor that is currently driving the market. However, the slow paced construction market in Europe, owing to a feeble economic condition in the region, may act as a roadblock to the growth of the market.

Market Segmentation

The acoustic insulation market is segmented, by type into – mineral wool, recycled products, plastic foams, and natural products. The recycled products segment is further divided into rubber and cork products. The plastic foams market is sub-segmented into polypropylene foam, polyester foam, expanded polystyrene and extruded polystyrene foams, expanded polyurethane, and thermoplastic polyurethane foams. The mineral wool segment, consisting of glass wool and stone wool dominated the acoustic insulation market in 2015, with a market share of around 48%. The acoustic insulation market is divided into five major applications, namely: commercial, residential, industrial, automotive, and aerospace and defense. The residential application segment accounted for USD xx.xx million in 2015 and is expected to grow at a CAGR of 6.23% in the forecast period (2017 – 2022).

The report has a detailed analysis of the market for major countries such as the United States, Canada, Mexico, Germany, France, the UK, Italy, Turkey, Brazil, Argentina, Saudi Arabia, South Africa, China, India, Japan, and South Korea. The USA dominates the acoustic insulation market with a share of xx.xx%. The promising European market for building and construction industry is expected to propel the growth of the acoustic insulation market in the region. Growing construction activities, combined with the renovation of older buildings in North America, is expected to drive the regional demand for acoustic insulation. However, developing economies such as China and India are expected to register the fastest growth in the forecast period, owing to rising construction activities and a substantial change in the consumer lifestyle in these countries.

Global Acoustic Insulation Market, by type:

Opportunities and Market Players

Demand for aesthetic and fire resistant insulation products would serve as an opportunity for the future growth of the acoustic insulation market. Apart from this, increasing usage of stainless steel wool and aerogel for soundproofing applications is expected to boost the growth in future.

Some of the major companies dominating the market for acoustic insulation production are –

BASF SE
Johns Manville Inc. Â (Berkshire Hathaway)
Knauf Insulation GmbH
Owens Corning Â
Paroc  Group (CVC Capital)
Rockwool International A/S Â
Saint-Gobain SA Â

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Key Deliverables in the Study

Market analysis for the global acoustic insulation market, with region specific assessments and competition analysis on a global and regional scale.
Market definition along with the identification of factors instrumental in changing the market scenario and prospective opportunities.
Extensively researched competitive landscape section with profiles of major companies along with their market shares.
Identification and analysis of the macro and micro factors that affect the global acoustic insulation market on both global and regional scales.
A comprehensive list of key market players along with the analysis of their current strategic interests and key financial information.
Insights on the major countries/regions where this industry is growing and also identify the regions that are still untapped.

Table Of Content: 

1. Introduction
1.1 Description
1.2 Research Methodology
2. Executive Summary
3. Global Acoustic Insulation Market
3.1 Market Definition
3.2 Industry Value Chain Analysis
3.3 Government Regulations & Policies
3.4 Industry Attractiveness Porters Five Force Analysis
3.4.1 Bargaining Power of Suppliers
3.4.2 Bargaining Power of Consumers
3.4.3 Threat of New Entrants
3.4.4 Threat of Substitute Products and Services
3.4.5 Degree of Competition
4. Market Dynamics
4.1 Drivers
4.1.1 Government Regulations for Controlling Noise Pollution
4.1.2 Growing Interest of Consumers for Acoustic Insulation for Commercial and Residential Purposes
4.1.3 Rise in Construction Activities in North America

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4.2 Restraints
4.2.1 Weak European Market
4.2.2 Regulations on Disposal of Acoustic Insulation Materials
4.3 Opportunities
4.3.1 Demand for Aesthetic Prospects and Fire Resistant Properties for Acoustic Insulation
4.3.2 Increasing Usage of Stainless Steel Wool for Sound Dampening
4.3.3 Growing Awareness for Green Products
4.3.4 Use of Aerogel for Soundproofing Applications
5. Market Segmentation and Analysis
5.1 By Type
5.1.1 Mineral Wool
5.1.1.1 Glass wool
5.1.1.2 Stone wool
5.1.2 Recycled Products
5.1.2.1 Rubber (SBR, CR, etc.)
5.1.2.2 Cork
5.1.3 Plastic Foams
5.1.3.1 Polypropylene
5.1.3.2 Polyester
5.1.3.3 EPS and XPS
5.1.3.4 Expanded PU and TPU
5.1.4 Natural (Cotton, Hemp, Wool, Cellulose, etc.)
5.2 By Application
5.2.1 Commercial
5.2.2 Residential
5.2.3 Industrial
5.2.4 Automotive

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