Impact Sound Insulation Acoustic Mat Market size worth $4.3 Bn by 2026

Impact Sound Insulation Acoustic Mat Market size is forecast to exceed USD 4.3 billion by 2026; according to a new research report by Global Market Insights.
 

The growing demand for acoustic insulation products across the commercial sectors is projected to be the major factor driving the overall market during the given period 2020-2026. Moreover, the propelling adoption rate of the product in the residential sector is also anticipated to further augment the market size during the forecast period.

 

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Structure-borne noise is one of the major factors that effects the productivity of human workforce. Rising commercial spaces across the globe along with the growing demand for excellent impact sound insulation products from these customers will support the industry expansion over the study timeframe. Acoustic flooring mat is available in several materials with a wide range of prices. These flooring mats enable the user to drastically reduce the noise of footsteps or any other impact sound to be transmitted from one floor to another.
 

These acoustic mats offer various advantages to the users such as are good damping characteristic, low dynamic stiffness, elimination of hollow clicking sounds, and easy & fast installation among others. The growing demand for these products especially in the North America and Europe is projected to substantially contribute to revenue of the overall market. Additionally, the presence of stringent regulation in these regions has seen widespread adoption of the product which is another factor boosting its demand. Furthermore, growing environmental concerns along with the rising trend of green building infrastructure is also expected to drive the demand for impact sound insulation products.
 

Acoutic Floor Mat Market Regional Insights

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According to the European Commission, 2015, the global energy-efficient measures, such as green buildings and others, will enable the world to save up to USD 314.7 billion to USD 460.8 billion on energy spending. Certified green buildings in India are expected to result in up to 40-50% energy & 20-30% water savings compared to the conventional building infrastructure in India. These indicators in the global infrastructural investments shall boost the product penetration in the coming years.
 

Browse key industry insights spread across 172 pages with 149 market data tables & 26 figures & charts from the report, “Impact Sound Insulation Acoustic Mat Market Size By Material (Rubber, Foam, Cork), By Applications (Residential, Commercial ,Industrial), Industry Analysis Report, Regional Outlook, Application Potential, Price Trends, Competitive Market Share & Forecast, 2020-2026” in detail along with the table of contents:
https://www.gminsights.com/industry-analysis/impact-sound-insulation-acoustic-mat-market
 

Foam segment will hold a market share of close to 30% in 2026

Foam-based acoustic flooring mats will showcase considerable growth owing to excellent acoustic insulation characteristics of these products. Industry participants are developing several new foam products to offer extended range reduction in impact sound transmission. Foam products are lightweight and possess the longest work cycle compared to other products. These products are largely used in commercial applications and also can be used as floating acoustic flooring mats in gyms and other sport complexes. However, the product prizes are 5 to 7 times higher than others material products which is a major down -side to the segment growth. Polyurethane foam is widely used in various commercial spaces such as hotels and recording studios where impact sound isolation is of utmost important.
 

The cork segment held a niche market share of over 2% in 2019 and is projected to grow at a CAGR of over 5% during the forecast period. Cork based acoustic insulation products are mostly used in residential sector owing to their excellent stiffness and low cost.
 

North America and Europe to exhibit steady growth during the forecast period

The excellent sound insulation characteristics of acoustic insulation products along with development of new products will drive the product consumption in North America and Europe regions. Moreover, the presence of stringent regulations adopted by several countries in Europe are expected to drive the product demand. Europe held the largest market share of close to 45% in terms of revenue in 2019 and is projected to show similar trends throughout the forecast period. Europe was closely followed by North America with over 40% demand share in the same year.
 

The key participants in the global impact sound insulation acoustic mat market share are seen to follow forward integration polies to attain a greater market hold. Companies such as Saint Gobain is forward integrated and depends on its own distribution channel. However, the overall market consist of various third party sellers such as Dynamic Nonwovens and Sound Service (Oxford) Ltd. In addition, key players also sell their products via online portals, such as Alibaba.com and indiamart.com to cater to a greater customer base.
 

Some of the key  product producing  companies include Saint-Gobain, KRAIBURG Relastec GmbH & Co. KG, REGUPOL BSW GmbH, Owens Corning, Paroc Group, Johns Manville, Kingspan Group, Armacell, BASF SE, Fletcher Insulation, JCW Acoustic Flooring, Hush Acoustics Ltd, and Getzner Werkstoffe GmbH among others.
 

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