DUBLIN--(BUSINESS WIRE)--The "Acoustic Insulation Market by Type (Glass Wool, Rock Wool, Foamed Plastics), End-Use Industry (Building & Construction, Transportation, Manufacturing & Processing), and Region (Asia Pacific, Europe, North America) - Global Forecast to 2022" report has been added to ResearchAndMarkets.com's offering.
The global acoustic insulation market is estimated to reach USD 15.01 Billion by 2022 from USD 11.34 Billion in 2017, at a CAGR of 5.8% from 2017 to 2022.
Based on type, the rock wool based acoustic insulation segment is projected to grow at the highest CAGR during the forecast period, in terms of volume, between 2017 and 2022. The market for rock wool is majorly driven by the properties of the material such as high density, excellent sound absorption, fire resistance, heat insulation, and moisture & water repellence. In addition, they are manufactured in various densities and thickness to suit most requirements.
Among end-use industries, the building & construction industry segment is projected to lead the acoustic insulation market during the forecast period. Building & construction is the largest end-use industry of acoustic insulation worldwide. Building codes and regulations, construction of new buildings, population growth, energy costs, and sustainability are some of the drivers for the acoustic insulation market. Stringent governmental norms for reducing noise pollution and improving standards of living are also among the major reasons which drive the market for acoustic insulation in building & construction.
Market Dynamics
Drivers
- Rising Health Issues Among People
- Stringent Regulatory Environment
- Rising Demand From Developing Nations
Restrains
- Slowdown in European Construction Industry
Opportunities
- Aerogel, Potential High-Performance Substitute for Glass Wool
- Rise in Demand in Major Applications
Challenges
- Proper Disposable & Recycling Technique
Key Topics Covered
1 Introduction
2 Research Methodology
3 Executive Summary
4 Premium Insight
5 Market Overview
6 Acoustic Insulation Market, By Type
7 Acoustic Insulation, By End-Use Industry
8 Acoustic Insulation Market, By Region
9 Competitive Landscape
10 Company Profiles
- Saint-Gobain
- Rockwool International
- Knauf Insulation
- Johns Manville
- Owens Corning
- Paroc Group
- Kingspan Group
- Armacell International
- BASF
- Fletcher Insulation
- International Cellulose Corporation
- DOW
- Trocellen
- Huntsman
- Optima
- KCC Corporation
- 3M
- Ursa Insulation
- Acoustic Insulation Manufacturing Limited
- Cellecta Ltd.
- Marves Industries
- Hodgson & Hodgson
- Hush Acoustics
- Acoustical Surfaces, Inc.
- Trelleborg
For more information about this report visit https://www.researchandmarkets.com/research/4kqf97/acoustic?w=4
