Acoustic Insulation Market Size

Acoustic Insulation Market Size

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.

To get key market trends

  Download Free Sample

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.