Acoustic Insulation Market by Type, End-Use Industry and Region - Global Forecast to 2022
The Acoustic Insulation Market size was USD 10.83 Billion in 2016 and is estimated to grow to USD 15.01 Billion in 2022, at a CAGR of 5.8%, between 2017 and 2022.
The main objective of the study is to define, describe, and forecast the acoustic insulation market on the basis of type, end-use industry, and region. The report includes a detailed information about the major factors (drivers, opportunities, and industry-specific challenges) influencing the growth of the market. The report strategically analyzes the market segments with respect to individual growth trends, growth prospects, and contribution to the total market. The report includes analysis of the acoustic insulation market on the basis of type (glass wool, rock wool, foamed plastic), end-use industry (building & construction, transportation, manufacturing & processing), and region (Asia Pacific, Europe, North America, Middle East & Africa, South America). The market size of acoustic insulation has been estimated in terms of volume and value. The base year considered for the study is 2016, while the forecast period is between 2017 and 2022. The acoustic insulation market is driven by the increasing health issues among people, stringent regulatory environment, and rising demand for acoustic insulation in developing nations.
Both top-down and bottom-up approaches have been used to estimate and validate the size of the global acoustic insulation market and to estimate the size of various other dependent submarkets. Extensive secondary sources, directories, and databases such as Hoovers, Bloomberg, Chemical Weekly, Factiva, Composite Panel Association (CPA), World Bank, Securities and Exchange Commission (SEC), and other government and private websites were referred to identify and collect information useful for this technical, market-oriented, and commercial study of the acoustic insulation market.
To know about the assumptions considered for the study, download the pdf brochure
Some of the major market players active in the global acoustic insulation market include Saint-Gobain (France), Rockwool International (Denmark), Knauf Insulation (Germany), Johns Manville Inc. (US), Owens Corning (US), Paroc Group (Finland), Kingspan Group (Ireland), Armacell International (Germany), BASF SE (Germany), and Fletcher Insulation (Australia).
Key Target Audience:
- Manufacturers of Acoustic Insulation Material
- Original Equipment Manufacturers
- Automotive and Transportation Manufacturers
- Building Contractors
- Traders, Distributors, and Suppliers of Acoustic insulation
- Regional Manufacturers Associations and General Acoustic Insulation Associations
- Government and Regional Agencies and Research Organizations
- Investment Research Firms
The study answers several questions for the stakeholders, primarily which market segments to focus on in the next two to five years, for prioritizing efforts and investments.
Scope of the Report:
This research report categorizes the global acoustic insulation market on the basis of type, end-use industry, and region.
On the Basis of Type:
- Glass Wool
- Rock Wool
- Foamed Plastics
On the Basis of End-use Industry:
- Building & Construction
- Transportation
- Manufacturing & Processing
On the Basis of Region:
- Asia Pacific
- Europe
- North America
- Middle East & Africa
- South America
The market is further analyzed for the key countries in each of these regions.
Available Customizations:
With the given market data, MarketsandMarkets offers customizations according to the companys specific needs. The following customization options are available for the report:
End-use sector analysis
- Product matrix that gives a detailed analysis of various types of acoustic insulation in each end-use industry
Regional Analysis
- Further breakdown of a region with respect to a particular country
Company Information
- Detailed analysis and profiling of additional market players (up to five)
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. The acoustic insulation market has witnessed significant growth in the recent years, due to the excellent properties of acoustic insulation, such as high density, excellent sound absorption, fire resistance, heat insulation, moisture & water repellence, easy installation, and no maintenance. The market is driven by the increasing number of developments in the building & construction and transportation end-use industries. The rising demand for acoustic insulation is backed by the increasing government norms against noise pollution, rising standard of living, and increasing health awareness. All these factors drive the global acoustic insulation market.
The main types of acoustic insulation are glass wool, rock wool, foamed plastics. 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.
Acoustic insulation is used in various end-use industries such as building & construction, transportation, and manufacturing & processing. 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.
North America, Europe, Asia Pacific, Middle East & Africa, and South America have been considered as the key markets for acoustic insulation in the report. Asia Pacific is expected to be the fastest growing acoustic insulation market owing to the increased demand from the building & construction industry. Rising demand for high-quality acoustic insulation products with superior sound absorption properties has significantly increased the growth of the regions process industry, which consequently has triggered the demand for acoustic insulation. Building & construction and transportation are the top two end-use industries contributing to the growing demand for acoustic insulation in Asia Pacific.
The major restraint for the acoustic insulation market is the downfall in the building & construction industry, as it accounts for more than 50% of the total acoustic insulation market share. The residential and commercial construction sectors in some of the regions, mainly Europe, are still recovering from the economic crisis. This directly effects the acoustic insulation market and restricts its growth.
Saint-Gobain (France), Rockwool International (Denmark), Knauf Insulation (Germany), Johns Manville Inc. (US), and Owens Corning (US) are the key companies operational in the acoustic insulation market. Diverse product portfolio, strategically positioned R&D centers, continuous adoption of development strategies, and technological advancements strengthen the market position of these companies in the acoustic insulation market. Other major manufacturers of acoustic insulation are Paroc Group (Finland), Kingspan Group (Ireland), Armacell International (Germany), BASF (Germany), and Fletcher Insulation (Australia).
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Table of Contents
1 Introduction (Page No. - 12)
1.1 Objectives of the Study
1.2 Market Definition
1.3 Market Scope
1.3.1 Years Considered for the Study
1.3.2 Currency
1.4 Unit Considered
1.5 Research Limitations
1.6 Stakeholders
2 Research Methodology (Page No. - 16)
2.1 Research Data
2.1.1 Secondary Data
2.1.1.1 Key Data From Secondary Sources
2.1.2 Primary Data
2.1.2.1 Key Data From Primary Sources
2.1.2.2 Key Industry Insights
2.1.2.3 Breakdown of Primary Interviews
2.2 Market Size Estimation
2.2.1 Bottom-Up Approach
2.2.2 Top-Down Approach
2.3 Data Triangulation
2.4 Research Assumptions
3 Executive Summary (Page No. - 24)
4 Premium Insights (Page No. - 29)
4.1 Acoustic Insulation Market Overview, 2017 vs 2022
4.2 Acoustic Insulation Market, By End-Use Industry
4.3 Acoustic Insulation Market Share in Europe, By Type and Country
4.4 Acoustic Insulation Market, By End-Use Industry and Region
4.5 Acoustic Insulation Market Attractiveness
5 Market Overview (Page No. - 32)
5.1 Introduction
5.2 Market Dynamics
5.2.1 Drivers
5.2.1.1 Rising Health Issues Among People
5.2.1.2 Stringent Regulatory Environment
5.2.1.3 Rising Demand From Developing Nations
5.2.2 Restraints
5.2.2.1 Slowdown in European Construction Industry
5.2.3 Opportunities
5.2.3.1 Aerogel, Potential High-Performance Substitute for Glass Wool
5.2.3.2 Rise in Demand in Major Applications
5.2.4 Challenges
5.2.4.1 Proper Disposable and Recycling Technique
5.3 Porters Five Forces Analysis
5.3.1 Threat of New Entrants
5.3.2 Threat of Substitutes
5.3.3 Bargaining Power of Suppliers
5.3.4 Bargaining Power of Buyers
5.3.5 Intensity of Competitive Rivalry
6 Acoustic Insulation Market, By Type (Page No. - 40)
6.1 Introduction
6.2 Mineral Wool
6.2.1 Glass Wool
6.2.2 Rock Wool
6.3 Foamed Plastics
6.3.1 Polyethylene
6.3.2 Polyurethane
6.3.3 Polystyrene
6.3.4 Polyisocyanurate
6.3.5 Phenolic Foam
6.4 Others
6.4.1 Aerogel
6.4.2 Cellulose Acetate
7 Acoustic Insulation, By End-Use Industry (Page No. - 45)
7.1 Introduction
7.2 Building & Construction
7.2.1 Commercial Buildings
7.2.2 Residential Buildings
7.3 Transportation
7.3.1 Automotive
7.3.2 Marine
7.3.3 Aerospace
7.3.4 Railways
7.4 Manufacturing & Processing
7.5 Others
8 Global Acoustic Insulation Market, By Region (Page No. - 51)
8.1 Introduction
8.2 North America
8.2.1 US
8.2.2 Canada
8.2.3 Mexico
8.3 Europe
8.3.1 Germany
8.3.2 France
8.3.3 Russia
8.3.4 UK
8.3.5 Spain
8.3.6 Italy
8.3.7 Rest of Europe
8.4 Asia Pacific
8.4.1 China
8.4.2 Japan
8.4.3 India
8.4.4 Australia
8.4.5 South Korea
8.4.6 Rest of Asia Pacific
8.5 Middle East & Africa
8.5.1 Turkey
8.5.2 Saudi Arabia
8.5.3 Rest of Middle East & Africa
8.6 South America
8.6.1 Brazil
8.6.2 Argentina
8.6.3 Rest of South America
9 Competitive Landscape (Page No. - 90)
9.1 Market Ranking of Key Players
9.1.1 Saint-Gobain
9.1.2 Rockwool International
9.1.3 Knauf Insulation
9.1.4 Johns Manville
9.1.5 Owens Corning
10 Company Profiles (Page No. - 92)
(Business Overview, Products Offered, Strength of Product Portfolio, Business Strategy Excellence, Recent Developments)*
10.1 Saint-Gobain
10.2 Rockwool International
10.3 Knauf Insulation
10.4 Johns Manville
10.5 Owens Corning
10.6 Paroc Group
10.7 Kingspan Group
10.8 Armacell International
10.9 BASF
10.10 Fletcher Insulation
*Details on Business Overview, Products Offered, Strength of Product Portfolio, Business Strategy Excellence, Recent Developments Might Not Be Captured in Case of Unlisted Companies.
10.11 Other Market Players
10.11.1 International Cellulose Corporation
10.11.2 DOW
10.11.3 Trocellen
10.11.4 Huntsman
10.11.5 Optima
10.11.6 Kcc Corporation
10.11.7 3M
10.11.8 Ursa Insulation
10.11.9 Acoustic Insulation Manufacturing Limited
10.11.10 Cellecta Ltd.
10.11.11 Marves Industries
10.11.12 Hodgson & Hodgson
10.11.13 Hush Acoustics
10.11.14 Acoustical Surfaces, Inc.
10.11.15 Trelleborg
11 Appendix (Page No. - 120)
11.1 Insights From Industry Experts
11.2 Discussion Guide
11.3 Knowledge Store: Marketsandmarkets Subscription Portal
11.4 Introducing RT: Real-Time Market Intelligence
11.5 Related Reports
11.6 Author Details
List of Tables (75 Tables)
Table 1 Acoustic Insulation Market, By Type, 20152022 (Kilotons)
Table 2 Market, By Type, 20152022 (USD Million)
Table 3 Acoustic Insulation Market, By End-Use Industry, 20152022 (Kilotons)
Table 4 Market, By End-Use Industry, 20152022 (USD Million)
Table 5 Global Market Size, By Region, 20152022 (Kilotons)
Table 6 Global Market Size, By Region, 20152022 (USD Million)
Table 7 North America: Economic Outlook (2016)
Table 8 North America: Market Size, By Country, 20152022 (Kilotons)
Table 9 North America: Market Size, By Country, 20152022 (USD Million)
Table 10 North America: Acoustic Insulation Market Size, By End-Use Industry, 20152022 (Kilotons)
Table 11 North America: Market Size, By End-Use Industry, 20152022 (USD Million)
Table 12 US: Market Size, By End-Use Industry, 20152022 (Kilotons)
Table 13 US: Market Size, By End-Use Industry, 20152022 (USD Million)
Table 14 Canada: Market Size, By End-Use Industry, 20152022 (Kilotons)
Table 15 Canada: Market Size, By End-Use Industry, 20152022 (USD Million)
Table 16 Mexico: Market Size, By End-Use Industry, 20152022 (Kilotons)
Table 17 Mexico: Market Size, By End-Use Industry, 20152022 (USD Million)
Table 18 Europe: Economic Outlook (2016)
Table 19 Europe: Market Size, By Country, 20152022 (Kilotons)
Table 20 Europe: Market Size, By Country, 20152022 (USD Million)
Table 21 Europe: Acoustic Insulation Market Size, By End-Use Industry, 20152022 (Kilotons)
Table 22 Europe: Market Size, By End-Use Industry, 20152022 (USD Million)
Table 23 Germany: Market Size, By End-Use Industry, 20152022 (Kilotons)
Table 24 Germany: Market Size, By End-Use Industry, 20152022 (USD Million)
Table 25 France: Market Size, By End-Use Industry, 20152022 (Kilotons)
Table 26 France: Market Size, By End-Use Industry, 20152022 (USD Million)
Table 27 Russia: Market Size, By End-Use Industry, 20152022 (Kilotons)
Table 28 Russia: Market Size, By End-Use Industry, 20152022 (USD Million)
Table 29 UK: Market Size, By End-Use Industry, 20152022 (Kilotons)
Table 30 UK: Market Size, By End-Use Industry, 20152022 (USD Million)
Table 31 Spain: By Market Size, By End-Use Industry, 20152022 (Kilotons)
Table 32 Spain: Market Size, By End-Use Industry, 20152022 (USD Million)
Table 33 Italy: Market Size, By End-Use Industry, 20152022 (Kilotons)
Table 34 Italy: Market Size, By End-Use Industry, 20152022 (USD Million)
Table 35 Rest of Europe: Market Size, By End-Use Industry, 20152022 (Kilotons)
Table 36 Rest of Europe: Market Size, By End-Use Industry, 20152022 (USD Million)
Table 37 Asia Pacific: Economic Outlook, 2016
Table 38 Asia Pacific: Market Size, By Country, 20152022 (Kilotons)
Table 39 Asia Pacific: Acoustic Insulation Market Size, By Country, 20152022 (USD Million)
Table 40 Asia Pacific: Market Size, By End-Use Industry, 20152022 (Kilotons)
Table 41 Asia Pacific: Market Size, By End-Use Industry, 20152022 (USD Million)
Table 42 China: Market Size, By End-Use Industry, 20152022 (Kilotons)
Table 43 China: Market Size, By End-Use Industry, 20152022 (USD Million)
Table 44 Japan: Market Size, By End-Use Industry, 20152022 (Kilotons)
Table 45 Japan: Market Size, By End-Use Industry, 20152022 (USD Million)
Table 46 India: Market Size, By End-Use Industry, 20152022 (Kilotons)
Table 47 India: Market Size, By End-Use Industry, 20152022 (USD Million)
Table 48 Australia: Market Size, By End-Use Industry, 20152022 (Kilotons)
Table 49 Australia: Market Size, By End-Use Industry, 20152022 (USD Million)
Table 50 South Korea: Market Size, By End-Use Industry, 20152022 (Kilotons)
Table 51 South Korea: Market Size, By End-Use Industry, 20152022 (USD Million)
Table 52 Rest of Asia Pacific: Market Size, By End-Use Industry, 20152022 (Kilotons)
Table 53 Rest of Asia Pacific: Market Size, By End-Use Industry, 20152022 (USD Million)
Table 54 Middle East & Africa: Economic Outlook, 2016
Table 55 Middle East & Africa: Market Size, By Country, 20152022 (Kilotons)
Table 56 Middle East & Africa: Market Size, By Country, 20152022 (USD Million)
Table 57 Middle East & Africa: Market Size, By End-Use Industry, 20152022 (Kilotons)
Table 58 Middle East & Africa: Market Size, By End-Use Industry, 20152022 (USD Million)
Table 59 Turkey: Market Size, By End-Use Industry, 20152022 (Kilotons)
Table 60 Turkey: Market Size, By End-Use Industry, 20152022 (USD Million)
Table 61 Saudi Arabia: Market Size, By End-Use Industry, 20152022 (Kilotons)
Table 62 Saudi Arabia: Market Size, By End-Use Industry, 20152022 (USD Million)
Table 63 Rest of Middle East & Africa: Market Size, By End-Use Industry, 20152022 (Kilotons)
Table 64 Rest of Middle East & Africa: Market Size, By End-Use Industry, 20152022 (USD Million)
Table 65 South America: Economic Outlook, 2016
Table 66 South America: Market Size, By Country, 20152022 (Kilotons)
Table 67 South America: Acoustic Insulation Market Size, By Country, 20152022 (USD Million)
Table 68 South America: Market Size, By End-Use Industry, 20152022 (Kilotons)
Table 69 South America: Market Size, By End-Use Industry, 20152022 (USD Million)
Table 70 Brazil: Market Size, By End-Use Industry, 20152022 (Kilotons)
Table 71 Brazil: Market Size, By End-Use Industry, 20152022 (USD Million)
Table 72 Argentina: Market Size, By End-Use Industry, 20152022 (Kilotons)
Table 73 Argentina: Market Size, By End-Use Industry, 20152022 (USD Million)
Table 74 Rest of South America: Market Size, By End-Use Industry, 20152022 (Kilotons)
Table 75 Rest of South America: Market Size, By End-Use Industry, 20152022 (USD Million)
List of Figures (34 Figures)
Figure 1 Acoustic Insulation Market Segmentation
Figure 2 Acoustic Insulation Market: Research Methodology
Figure 3 Market Size Estimation: Bottom-Up Approach
Figure 4 Market Size Estimation: Top-Down Approach
Figure 5 Acoustic Insulation Market: Data Triangulation
Figure 6 Research Assumptions
Figure 7 Rock Wool Segment to Lead Market of Acoustic Insulation, By Type, 20172022 (USD Million)
Figure 8 Transportation Segment to Register Highest CAGR, By End-Use Industry, 20172022 (USD Million)
Figure 9 India to Witness Fastest Growth During Forecast Period
Figure 10 Europe Led Market of Acoustic Insulation, in Terms of Value, in 2016
Figure 11 Market of Acoustic Insulation to Witness High CAGR Between 2017 and 2022
Figure 12 Transportation Segment to Register Highest CAGR, 20172022 (Kilotons)
Figure 13 Germany Accounted for the Largest Market Share in 2016
Figure 14 Building and Construction Segment Held Largest Market Share in 2016 (Kilotons)
Figure 15 Asia Pacific to Be the Fastest-Growing Market Between 2017 and 2022
Figure 16 Drivers, Restraints, Opportunities, and Challenges in Acoustic Insulation Market
Figure 17 European Construction Industry
Figure 18 Porters Five Forces Analysis
Figure 19 Rock Wool Segment to Lead Market of Acoustic Insulation, 20172022 (USD Million)
Figure 20 Building & Construction Segment to Lead Market of Acoustic Insulation, 20172022 (USD Million)
Figure 21 GDP Contribution to Construction Industry (USD Billion)
Figure 22 India Emerging as the New Hotspot in the Global Market, 20172022
Figure 23 Building & Construction Industry to Drive the Market Between 2017 and 2022
Figure 24 Germany to Lead Market of Acoustic Insulation in Europe, 20172022
Figure 25 Building & Construction Industry to Drive the Market Between 2017 and 2022
Figure 26 China to Lead Market of Acoustic Insulation in Asia Pacific, 20172022
Figure 27 Market Ranking of Key Players-2016
Figure 28 Saint-Gobain: Company Snapshot
Figure 29 Rockwool International: Company Snapshot
Figure 30 Owens Corning: Company Snapshot
Figure 31 Paroc Group: Company Snapshot
Figure 32 Kingspan Group: Company Snapshot
Figure 33 Armacell International: Company Snapshot
Figure 34 BASF: Company Snapshot
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