Acoustic Insulation Market Size | Global Industry Report, 2014-2022
Acoustic Insulation Market to Reach $14,633 Million, Globally by 2022. Read more at:https://www.alliedmarketresearch.com/acoustic-insulation-market Global acoustic insulation market was valued at $9,878 million in 2015, and is expected to reach $14,633 million by 2022, supported by a CAGR of 5.9% during the forecast period 2014 to 2022. Acoustic insulation is defined as a method to attenuate, deaden, or control sound and noise levels for environmental improvement and regulatory compliance. Sound proofing and acoustic insulation materials are used either for noise reduction or noise absorption. Acoustic design is a complex facet of architecture and construction, and it is utilized to manufacture acoustic insulation systems to achieve proper acoustic quality of the buildings. Insulation prevents the transmission of airborne and structural noises between different rooms in a building. The global market for acoustic insulation was estimated to be $9,878 million in 2015. The market is driven by the increase in health concerns towards noise pollution, rise in stringent noise pollution standards, growth in construction industry, and energy efficiency advantages provided by insulation materials. The market growth is restrained by low awareness on the importance of acoustics in emerging countries and slowdown of construction sector in Europe. Download PDF sample copy at: https://www.alliedmarketresearch.com/request-free-sample/1759
Acoustic Insulation Market to Reach $14,633 Million, Globally by 2022. Read more at:https://www.alliedmarketresearch.com/acoustic-insulation-market
Global acoustic insulation market was valued at $9,878 million in 2015, and is expected to reach $14,633 million by 2022, supported by a CAGR of 5.9% during the forecast period 2014 to 2022. Acoustic insulation is defined as a method to attenuate, deaden, or control sound and noise levels for environmental improvement and regulatory compliance.
Sound proofing and acoustic insulation materials are used either for noise reduction or noise absorption. Acoustic design is a complex facet of architecture and construction, and it is utilized to manufacture acoustic insulation systems to achieve proper acoustic quality of the buildings. Insulation prevents the transmission of airborne and structural noises between different rooms in a building. The global market for acoustic insulation was estimated to be $9,878 million in 2015. The market is driven by the increase in health concerns towards noise pollution, rise in stringent noise pollution standards, growth in construction industry, and energy efficiency advantages provided by insulation materials. The market growth is restrained by low awareness on the importance of acoustics in emerging countries and slowdown of construction sector in Europe.
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<strong>Acoustic</strong> <strong>Insulation</strong><br />
<strong>Market</strong><br />
Opportunities and Forecasts,<br />
<strong>2014</strong> – <strong>2022</strong><br />
Published Date: Oct 2016 No of Pages: 140
ACOUSTIC INSULATION MARKET OVERVIEW<br />
• <strong>Global</strong> acoustic insulation market is expected to reach $14,633 million by <strong>2022</strong>, according<br />
to new research published by Allied <strong>Market</strong> Research.<br />
• Plastic foam material is estimated to dominate the market from 2015 to <strong>2022</strong>. Region<br />
wise, Europe led the market, accounting for around 35% share of the global market in<br />
2015.<br />
• Plastic foam material is estimated to dominate the market from 2015 to <strong>2022</strong>. Region<br />
wise, Europe led the market, accounting for around 35% share of the global market in<br />
2015.<br />
• The global acoustic insulation market was valued at $9,878 million in 2015.<br />
• <strong>Acoustic</strong> insulation is a soundproofing technique that prevents or minimizes sound from<br />
entering or exiting an enclosed space by creating a barrier between the interior and<br />
exterior areas.<br />
Read more on:- https://www.alliedmarketresearch.com/acoustic-insulation-market
ACOUSTIC INSULATION MARKET SEGMENTATION
ACOUSTIC INSULATION MARKET OVERVIEW<br />
• <strong>Acoustic</strong> designing is one of the most complex facets of architecture and construction<br />
used to develop insulation systems to achieve proper acoustic quality of the buildings.<br />
• Plastic foam dominated the market in 2015, with a share of over 52%, due to their<br />
excellent sound absorbing and vibration dampening qualities that enhance user comfort<br />
and safety levels. This market is estimated to grow at a CAGR of 5.4% over the forecast<br />
period.<br />
• Buildings & construction was the most dominant end user in 2015 and is expected to<br />
maintain its position over the forecast period.<br />
• The market growth in this segment is driven by evolving building codes and regulations,<br />
construction of new buildings, growth in urban population, and energy costs.<br />
• The transportation segment is estimated to be the fastest growing end-user segment at a<br />
CAGR of 7%, due to rise in demand for acoustic insulation from automotive and aerospace<br />
industries.
ACOUSTIC INSULATION MARKET KEY FINDINGS<br />
‣ In the year 2015, plastic foam led the overall market revenue, and is projected to grow at<br />
a CAGR of 5.4% during the forecast period.<br />
‣ The stone wool material segment is expected to grow at a significant CAGR of 6.7%, as it<br />
provides higher efficiency in reducing sound, excellent thermal insulation, easy<br />
installation, and superior fire resistance.<br />
‣ Transportation end-user segment is expected to grow at a CAGR of 7%.<br />
‣ Europe is the most dominant regional market, accounting for around 35% of the global<br />
acoustic insulation market in 2015.
KEY BENEFITS OF ACOUSTIC INSULATION MARKET<br />
‣ The study provides an in-depth analysis of the global acoustic<br />
insulation market, with current trends and future estimations to<br />
elucidate the imminent investment pockets.<br />
‣ The report provides information regarding key drivers, restraints,<br />
and opportunities with a detailed impact analysis.<br />
‣ Porter’s Five Forces Model illustrates competitiveness of the<br />
market by analyzing various parameters such as threat of new<br />
entrants, threat of substitutes, strength of the buyers, and<br />
strength of the suppliers operating in the market.<br />
‣ The value chain analysis signifies the key intermediaries involved<br />
and elaborates their roles and value additions at every stage.<br />
‣ The quantitative analysis of the market from <strong>2014</strong> to <strong>2022</strong> is<br />
provided to elaborate the market potential.
KEY PLAYERS IN INDUSTRY<br />
Saint-Gobain SA<br />
Johns Manville<br />
Rockwool International A/S<br />
Owens Corning<br />
Fletcher <strong>Insulation</strong><br />
Knauf Gips KG<br />
Trelleborg AB<br />
Paroc Group<br />
Armacell GmbH<br />
BASF SE<br />
Get sample report at:- https://www.alliedmarketresearch.com/request-free-sample/1759
KEY DRIVERS OF ACOUSTIC INSULATION MARKET
ACOUSTIC INSULATION MARKET BY REGION<br />
North America, Europe, Asia-Pacific, LAMEA
DEFIBRILLATORS MARKET<br />
<strong>Market</strong> players in the industry are offering wide range of solutions for acoustic<br />
applications. These products increase sound absorption and reduce the transmission<br />
of vibration. They are investing significant amounts in R&D activities to develop<br />
optimum solutions for different applications. In addition, they are working closely<br />
with research institutes with the aim of improving acoustic performance of the<br />
products.<br />
Nikhil Dasyam
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