Building Vibration Isolation Market Size

Building Vibration Isolation Market Size

Building Vibration Isolation Market size valued at over USD 1.9 billion in 2019 and will exhibit 5.2% growth rate from 2020 to 2026. Growing awareness regarding energy conservation and rising energy cost will positively contribute to the industry revenue.

The presence of stringent noise and vibrations regulations in European countries such as Italy and Germany shall further support the demand for the product. Resin bonded cork and recycled rubber compounds are highly used in providing vibration isolation in buildings attributed to multiple benefits offered by these compounds such as providing high damping, long term durability, high vibration isolation, recycled products etc. These vibration isolation systems are widely used in residential homes, office spaces, gymnasiums, restaurant, and hotels.

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Vibration isolators have a higher penetration in the commercial and industrial sector mainly in the Asia pacific region. Therefore, the growing construction industry in China, India, and Indonesia will open new growth opportunities for the market in the coming years.
 

Vibration isolation offers numerous advantages to its users. However, the lack of awareness regarding vibration control systems may hamper the product demand in near future. Moreover, the declined growth of construction industry in Europe, due to COVID-19 pandemic along with its lack of penetration in developing countries is anticipated to be a major factor restraining the industry growth.