The report’s authors have offered necessary details on the latest Acoustic Insulation Market trends and the crucial parameters impacting both short-term and long-term market growth. Its panoramic view of the Acoustic Insulation Market entails useful insights into the estimated Acoustic Insulation Market size, revenue share, and sales distribution networks. Such helpful market insights are bound to help readers outline this industry’s key outcomes in the near future.
The global acoustic insulation market is projected to be worth USD 19.64 Billion by 2027, according to a current analysis by Emergen Research. The acoustic insulation market is observing high growth attributed to the growing demand for acoustic insulation in buildings. The introduction of innovative construction technologies, the presence of various sound sources such as modern-day high decibel audio systems in residences, and growing awareness of noise pollution in the society contribute to the development of acoustic insulation design. And hence drive the market demand. In commercial buildings where prioritization is on customer satisfaction, increased noise pollution can lead to a bad reputation among prospects and more complaints by the existing occupants. Acoustic insulation assists in reducing loud noise, enhance privacy, and lead to more pleasant environments.
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Competitive Landscape:
The latest report encases an in-depth summary of the intensely competitive landscape of the Acoustic Insulation market, with systematic profiling of the companies operating across this industry. In this section of the report, experts have listed down the strategic initiatives undertaken by these market rivals for proposed business expansion. Additionally, it highlights the key developments and financial positions of these companies to explain the overall market scenario. The company profiles of the established and new players have also been assessed in the report through effective analytical tools like SWOT analysis.
Key participants include Knauf Insulation, Saint-Gobain, 3M, BASF SE, Kingspan Group, Rockwool International, Owens Corning, Armacell International, Fletcher Insulation, and Johns Manville, among others.
The complete regional analysis covers:
- North America (U.S., Canada, Mexico)
- Europe (U.K., Italy, Germany, France, Rest of EU)
- Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
- Latin America (Chile, Brazil, Argentina, Rest of Latin America)
- Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
Key Highlights from the Report
- In July 2019, Knauf Insulation introduced innovative Acoustic Batt insulation to cater to the demand for a soundproof insulation slab intended for the South African market. An Acoustic Batt insulation is highly effective insulation developed for application in intermediate floors and internal partition walls for noise transmission reduction.
- Mineral wool has exceptional sound absorption features as it has an open structure allowing sound to be trapped between its strands and transforming it into heat energy.
- Steel, in terms of structure and performance, is among the most suitable material for acoustic insulation. However, the material being cost-prohibitive is less popular among consumers.
Emergen Research has segmented the global acoustic insulation market on the basis of product type, distribution channel, industry vertical, and region:
Product Type Outlook (Revenue, USD Billion; 2017-2027)
- Glass Wool
- Rock Wool
- Foamed Plastics
- Others
Distribution Channel Outlook (Revenue, USD Billion; 2017-2027)
- Online
- Offline
Industry Vertical Outlook (Revenue, USD Billion; 2017-2027)
- Building Construction
- Transportation
- Manufacturing
- Others
Key point summary of the report:
- It also offers regional market analysis and forecast for prominent geographies in the sector viz., North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa
- It provides details about current scenario, historical data, giving an accurate market forecast for the coming years.
- The study categorizes the market on the basis of product types, applications, end users, market value and volume, business verticals, and 5 major regions.
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