Acoustic Insulation Market Size, Share and Industry Analysis Report by Product (Fiberglass/Glass Wool, Mineral Wool, Plastic Foam [EPS, XPS]) and Application (Building & Construction, Industrial, Transportation), Regional Outlook, Application Potential, Competitive Market Share & Forecast, 2019 – 2025

Published Date: Feb 2019  |  Report ID: GMI802  |  Authors: Kiran Pulidindi, Akshay Prakash

Report Format: PDF   |   Pages: 320   |   Base Year: 2018




Summary Table of Contents Industry Coverage Methodology

Industry Overview

Acoustic Insulation Market size was valued at over USD 12 billion in 2018 and is anticipated to witness over 4.5% CAGR up to 2025 owing to the growing demand for sound absorption materials in the entertainment industry including music studios, corporate workplaces, cinema halls, and auditoriums
 

Increasing focus for improving the building infrastructure to offer peaceful and convenient environment in public places has led to a rise in installation of sound barriers across the highways, construction sites, airport runways, railway stations etc. Further, constructive indicators from the workout centres, gyms, industrial sound absorption, control rooms, cabinets, and shipbuilding segments hold potential opportunities for the acoustic insulation market growth globally.
 

Acoustic Insulation Market Outlook

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Increasing awareness among the consumers regarding noise pollution coupled with rapid growth in the construction sector across emerging economies such as South Korea, India, Mexico, and Saudi Arabia will stimulate the acoustic insulation market landscape. Stringent government regulations for reducing the adverse effects of high noise levels along with a rising standard of living will boost the demand for soundproofing material requirement in the residential & commercial buildings across the globe.
 

Demand for better noise, vibration, and harshness (NVH) levels from the consumers along with extensive competition between automotive manufacturers for inclusion of acoustic products will boost the product demand from the transportation segment. To offer innovative solutions, leading manufacturers are investing heavily in R&D, which will further result in reduction of noise pollution and eco-friendly environment. 
 

For instance, as per the recent technology trends, Restored Hearing Ltd., an Irish company, has created a sound bounce material which is 35 times more effective than other sound absorbing materials. The sound bounce material has a strong business potential in numerous sectors such as construction, manufacturing, and transportation that require better and efficient sound insulation products.
 

Considering future challenges and to minimize sound pollution, government has updated various guidelines for construction industry which will further ensure for environment sustainability. Also, policies & regulations pertaining to the reduction of carbon footprint and reduced usage of synthetic fibres that cause respiratory & skin problems will support the acoustic insulation market share. For instance, as per the European Council Directive on Dangerous Substances 67/548/ EEC, dangerous substances including flammable substances, oxidizing agents, irritants, carcinogens, and mutagens are prohibited to be included in the manufacture of sound absorption materials.
 

Market, By Product

Acoustic Insulation Market by Product

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Plastic foam dominated the market share and accounted for over 40% of the overall demand in 2018. Features such as lightweight and heat & sound absorption properties make the product suitable for decorative applications including interior ceilings of hotels, theatres, hospitals, conference halls, etc. Growing demand of the EPS plastic foams in numerous industrial and transportation domains across emerging economies, such as India, Mexico South Africa, and South Korea, will augment the industry size. Furthermore, key benefits including fast & low-cost installation, effective absorption of shearing forces, efficient fire resistance, and CFC& halogen-free properties.
 

Fiberglass/Glass wool product segment may witness significant gains at over 5% by 2025. Growth in construction spending coupled with stringent regulations with a major emphasis on sustainability and efficient energy usage will promulgate the segment growth in the industry. In addition, key features such as being odourless, having a natural brown tinge, fire-resistance, manufacture via recycled glass bottles, softer texture, and lower energy consumption will further influence the acoustic insulation market revenue.
 

Market, By Application

Building & Construction segment accounted for more than 35% of the total acoustic insulation market share in 2018. Shifting trends towards environment-friendly buildings offering efficient acoustic and thermal insulation required in residential, commercial, and industrial applications will fuel industry growth. Superior properties of insulation materials including high fire safety, dimensional stability, ecological compatibility, and chemical resistance are among the key factors positively influencing the acoustic insulation market trends.
 

Transportation is projected to witness over 5% gains from 2019 to 2025. Surging popularity of the acoustic non-woven fabric technology in the automotive industry has significantly enhanced the scope for industry expansion. Rapid technological advancements and continuous innovations in the automotive sector owing to the rising concerns for disturbance-free driving experiences will stimulate acoustic insulation market growth. Moreover, significant growth in the production of passenger & commercial vehicles owing to rising disposable incomes of consumers will further provide a strong business outlook for the overall acoustic insulation market growth.
 

Market, By Region

Europe accounted for more than 30% of the overall acoustic insulation demand in 2018. Rising awareness of green construction, IoT and smart infrastructure in the region is expected to augment the product demand up to 2025. Growing awareness among government authorities and construction industry will provide positive scope for the product penetration in the region. Stringent environmental regulations in European countries towards the inclusion of acoustic insulation products in school buildings will propel the acoustic insulation market. For instance, UK government has the Building Bulletin 93 regulation requiring minimum acoustic performance standards for the construction of school buildings.
 

Asia Pacific will witness the fastest growth with a CAGR of 5% in the acoustic insulation market by 2025. Rising disposable income coupled with extensive product utilization in the building & construction, industrial, and transportation segments and surging government investments in numerous industrial & commercial projects pertaining to fire and sound absorption in the region are key factors driving industry growth. Rapid surge in infrastructural activities along with the growing noise pollution in several metropolitan cities will proliferate the acoustic insulation market in the region.
 

Competitive Market Share

Global acoustic insulation industry is fragmented due to the presence of many domestic participants along with a few major global players. Key industry players include BASF, Kingspan Group, Knauf Insulation, Rockwool International A/S, K-Flex, Armacell International S.A., Owens Corning Corp., Siderise, and Recticel. They rely on strategies such as mergers & acquisition, product development, geographical expansion, technological innovation and sourcing strategies to enhance their industry share.
 

Industry Background 

Global acoustic insulation market is driven by rapid innovations & technological development in the construction, industrial and transportation sector. Shifting consumer preferences toward construction of green buildings coupled with surging preferences toward usage of environment-friendly sound absorption products will stimulate the market over the forecast timeframe. Developing economies such as China, India, Mexico, and Brazil will substantially impact the product development owing to large customer base coupled with inclining preferences towards noise-free buildings and quiet environment requirements in hospitals and educational institutions.
 

Other notable participants include Mag-Isover, Nichias Corporation, Tap Acoustics, Hush Acoustics, Acoustic Insulation Manufacturing Limited (AIM), Cellecta Ltd., Arabian Fiberglass Insulation Co. Ltd., Lloyd Insulations (India), Twiga, and Johns Manville.
 

Acoustic insulation market report includes in-depth coverage of the industry with estimates & forecast in terms of volume in Million Square Meters & revenue in USD Million from 2019 to 2025, for the following segments:

By Product

  • Glass Wool
  • Fiberglass/Glass Wool
  • Mineral Wool
  • Plastic Foam
    • EPS
    • XPS

By Application

  • Building & Construction
  • Industrial
  • Transportation

The above information is provided on a regional and country basis for the following:

By Region

  • North America
    • U.S.
    • Canada
  • Europe
    • Germany
    • UK
    • France
    • Italy
    • Russia
    • Netherlands
    • Spain
    • Belgium
    • Sweden
  • Asia Pacific
    • China
    • India
    • Japan
    • Australia
    • Malaysia
    • Indonesia
    • Thailand
    • South Korea
    • Vietnam
    • New Zealand
  • Latin America
    • Brazil
    • Argentina
    • Mexico
  • Middle East & Africa
    • South Africa
    • UAE
    • Saudi Arabia

 

Frequently Asked Questions (FAQ) :

The global acoustic insulation industry size surpassed a significant revenue and is poised to record a 4.5% CAGR through 2025 driven by the higher requirement for sound absorption materials across the entertainment sector.
The overall market share from fiberglass/glass wool product is expected to record gains at more than 5% through 2025 owing to the presence of stringent regulations and higher construction spending.
The overall market size from transportation applications could observe around 5% gains over 2019-2025 due to the growing adoption of acoustic non-woven fabric technologies in the automotive sector.
Europe accounted for a significant share in the acoustic insulation industry and will witness expansion with the higher awareness of green construction, smart infrastructure, and IoT in the region.

Premium Report Details

  • Published Date: Feb 2019
  • Pages: 320
  • Tables: 406
  • Charts / Figures: 15
  • Companies covered: 20
  • Countries covered: 27

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