Press release
Acoustic Insulation Market Global Business Insights and Development Analysis to 2022 | Saint-Gobain, Johns Manville, Owens Corning, Fletcher Insulation, Trelleborg AB
Global Acoustic Insulation Market projects that the global acoustic insulation market is expected to reach $14,633 million by 2022, supported by a CAGR of 5.9% during the forecast period 2014 to 2022.Plastic foam material is estimated to dominate the market from 2015 to 2022. Region wise, Europe led the market, accounting for around 35% share of the global market in 2015.
The global acoustic insulation market was valued at $9,878 million in 2015. Acoustic insulation is a soundproofing technique that prevents or minimizes sound from entering or exiting an enclosed space by creating a barrier between the interior and exterior areas. It reduces the sound emitted from structures of a room as well as acoustic reverberation. Acoustic designing is one of the most complex facets of architecture and construction used to develop insulation systems to achieve proper acoustic quality of the buildings.
Download Sample PDF @ https://www.alliedmarketresearch.com/request-sample/1759
Factors that drive the global market for acoustic insulation are the increase in health concerns towards noise pollution, stringent noise pollution standards, rise in construction industry, and energy efficiency advantages provided by insulation materials. However, the market growth is restrained by low awareness on the importance of acoustics in emerging countries and slowdown of construction industry in Europe. Market players in the industry are offering wide range of solutions for acoustic applications. These products increase sound absorption and reduce the transmission of vibration. They are investing significant amounts in R&D activities to develop optimum solutions for different applications. In addition, they are working closely with research institutes with the aim of improving acoustic performance of the products.
The global market for acoustic insulation is segmented based on material type, end user, and geography. Based on material type, it is divided into stone wool, glass wool, plastic foam, and others. Plastic foam dominated the market in 2015, with a share of over 52%, due to their excellent sound absorbing and vibration dampening qualities that enhance user comfort and safety levels. This market is estimated to grow at a CAGR of 5.4% over the forecast period.
Based on end user, the market is segmented into building & construction, industrial, and transportation segments. Buildings & construction was the most dominant end user in 2015 and is expected to maintain its position over the forecast period. The market growth in this segment is driven by evolving building codes and regulations, construction of new buildings, growth in urban population, and energy costs. The transportation segment is estimated to be the fastest growing end-user segment at a CAGR of 7%, due to rise in demand for acoustic insulation from automotive and aerospace industries.
For Purchase Enquiry@ https://www.alliedmarketresearch.com/acoustic-insulation-market/purchase-options
The global market is analyzed across North America, Europe, Asia-Pacific and LAMEA. Europe was the most dominant market in 2015 and is expected to continue this trend throughout the forecast period due to the regions strict building regulations and large transportation market. The fastest growing regional market for acoustic insulation industry is LAMEA, mainly driven by the construction industry in Middle East and Africa, which has witnessed substantial growth in the past few years and is expected to continue this trend.
Acoustic Insulation Market Key Findings:
• In the year 2015, plastic foam led the overall market revenue, and is projected to grow at a CAGR of 5.4% during the forecast period
• The stone wool material segment is expected to grow at a significant CAGR of 6.7%, as it provides higher efficiency in reducing sound, excellent thermal insulation, easy installation, and superior fire resistance.
• Transportation end-user segment is expected to grow at a CAGR of 7%.
• Europe is the most dominant regional market, accounting for around 35% of the global acoustic insulation market in 2015.
The key players in the acoustic insulation market focus on expanding their business operations in emerging countries and adopt expansion and acquisitions as their primary growth strategies. Key players in the acoustic insulation market include Saint-Gobain SA, Johns Manville, Rockwool International A/S, Owens Corning, Fletcher Insulation, Knauf Gips KG, Trelleborg AB, Paroc Group, Armacell GmbH, and BASF SE.
Get detailed COVID-19 impact analysis on the Acoustic Insulation Market @ https://www.alliedmarketresearch.com/request-for-customization/1759?reqfor=covid
Contact us:
David Correa
5933 NE Win Sivers Drive
#205, Portland, OR 97220
United States
Toll Free: 1-800-792-5285
UK: +44-845-528-1300
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Fax: +1-855-550-5975
help@alliedmarketresearch.com
Web: www.alliedmarketresearch.com
Follow us on: https://www.linkedin.com/company/allied-market-research
About us:
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP, based in Portland, Oregon. AMR provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
AMR introduces its online premium subscription-based library Avenue, designed specifically to offer cost-effective, one-stop solution for enterprises, investors, and universities. With Avenue, subscribers can avail an entire repository of reports on more than 2,000 niche industries and more than 12,000 company profiles. Moreover, users can get an online access to quantitative and qualitative data in PDF and Excel formats along with analyst support, customization, and updated versions of reports.
The global acoustic insulation market was valued at $9,878 million in 2015. Acoustic insulation is a soundproofing technique that prevents or minimizes sound from entering or exiting an enclosed space by creating a barrier between the interior and exterior areas. It reduces the sound emitted from structures of a room as well as acoustic reverberation. Acoustic designing is one of the most complex facets of architecture and construction used to develop insulation systems to achieve proper acoustic quality of the buildings.
Download Sample PDF @ https://www.alliedmarketresearch.com/request-sample/1759
Factors that drive the global market for acoustic insulation are the increase in health concerns towards noise pollution, stringent noise pollution standards, rise in construction industry, and energy efficiency advantages provided by insulation materials. However, the market growth is restrained by low awareness on the importance of acoustics in emerging countries and slowdown of construction industry in Europe. Market players in the industry are offering wide range of solutions for acoustic applications. These products increase sound absorption and reduce the transmission of vibration. They are investing significant amounts in R&D activities to develop optimum solutions for different applications. In addition, they are working closely with research institutes with the aim of improving acoustic performance of the products.
The global market for acoustic insulation is segmented based on material type, end user, and geography. Based on material type, it is divided into stone wool, glass wool, plastic foam, and others. Plastic foam dominated the market in 2015, with a share of over 52%, due to their excellent sound absorbing and vibration dampening qualities that enhance user comfort and safety levels. This market is estimated to grow at a CAGR of 5.4% over the forecast period.
Based on end user, the market is segmented into building & construction, industrial, and transportation segments. Buildings & construction was the most dominant end user in 2015 and is expected to maintain its position over the forecast period. The market growth in this segment is driven by evolving building codes and regulations, construction of new buildings, growth in urban population, and energy costs. The transportation segment is estimated to be the fastest growing end-user segment at a CAGR of 7%, due to rise in demand for acoustic insulation from automotive and aerospace industries.
For Purchase Enquiry@ https://www.alliedmarketresearch.com/acoustic-insulation-market/purchase-options
The global market is analyzed across North America, Europe, Asia-Pacific and LAMEA. Europe was the most dominant market in 2015 and is expected to continue this trend throughout the forecast period due to the regions strict building regulations and large transportation market. The fastest growing regional market for acoustic insulation industry is LAMEA, mainly driven by the construction industry in Middle East and Africa, which has witnessed substantial growth in the past few years and is expected to continue this trend.
Acoustic Insulation Market Key Findings:
• In the year 2015, plastic foam led the overall market revenue, and is projected to grow at a CAGR of 5.4% during the forecast period
• The stone wool material segment is expected to grow at a significant CAGR of 6.7%, as it provides higher efficiency in reducing sound, excellent thermal insulation, easy installation, and superior fire resistance.
• Transportation end-user segment is expected to grow at a CAGR of 7%.
• Europe is the most dominant regional market, accounting for around 35% of the global acoustic insulation market in 2015.
The key players in the acoustic insulation market focus on expanding their business operations in emerging countries and adopt expansion and acquisitions as their primary growth strategies. Key players in the acoustic insulation market include Saint-Gobain SA, Johns Manville, Rockwool International A/S, Owens Corning, Fletcher Insulation, Knauf Gips KG, Trelleborg AB, Paroc Group, Armacell GmbH, and BASF SE.
Get detailed COVID-19 impact analysis on the Acoustic Insulation Market @ https://www.alliedmarketresearch.com/request-for-customization/1759?reqfor=covid
Contact us:
David Correa
5933 NE Win Sivers Drive
#205, Portland, OR 97220
United States
Toll Free: 1-800-792-5285
UK: +44-845-528-1300
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Fax: +1-855-550-5975
help@alliedmarketresearch.com
Web: www.alliedmarketresearch.com
Follow us on: https://www.linkedin.com/company/allied-market-research
About us:
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP, based in Portland, Oregon. AMR provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
AMR introduces its online premium subscription-based library Avenue, designed specifically to offer cost-effective, one-stop solution for enterprises, investors, and universities. With Avenue, subscribers can avail an entire repository of reports on more than 2,000 niche industries and more than 12,000 company profiles. Moreover, users can get an online access to quantitative and qualitative data in PDF and Excel formats along with analyst support, customization, and updated versions of reports.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage
to this press release on woodPRI. woodPRI disclaims liability for any content contained in
this release.
Recommend
/newsMicroencapsulation Market Deep Analysis on Key Players - Dow Corning, Encapsys, Syngenta Crop Protection, Evonik Industries, 3M and Bayer
Market Study Report Adds Global Microencapsulation Market Size, Status and Forecast 2024 added to its database. The report provides key statistics on the current state of the industry and other analytical data to understand the market.
Extensive research is required for choosing the appropriate cor...
/newsGermany Airbag Market Size 2023: Global Share, Industry And Report Analysis By 2030 | Hyundai Mobis Co., Ltd. Key Safety Systems, Inc. Robert Bosch GmbH
Germany airbag market is expected to grow at a CAGR of around 6% during the forecast period. Germany Airbag Market research report refers to gathering and analyzing significant market data serve as best medium for various industry players to launch novel product or service. It is vital for key firms...
/newsSecurities Brokerages And Stock Exchanges Market Outlook 2021: Big Things are Happening
A new intelligence report released by HTF MI with title "Global Securities Brokerages And Stock Exchanges Market Survey & Outlook" is designed covering micro level of analysis by Insurers and key business segments, offerings and sales channels. The Global Securities Brokerages And Stock Exchange...
/newsRenewable Chemicals Market Emerging Trends and Competitive Landscape Forecast to 2028
The renewable chemicals market was valued at US$ 80,566.30 million in 2021 and is projected to reach US$ 1,76,750.76 million by 2028 it is expected to grow at a CAGR of 11.9% from 2021 to 2028. The research report focuses on the current market trends, opportunities, future potential of the market, a...
/newsHow Coronavirus is Impacting Cold Brew Coffee, Global Market Volume Analysis, Size, Share and Key Trends 2020-2026
"Market Latest Research Report 2020:
Los Angles United States, February 2020: The Cold Brew Coffee market has been garnering remarkable momentum in the recent years. The steadily escalating demand due to improving purchasing power is projected to bode well for the global market. QY Research's lates...
/newsCorporate E-Learning Market - Global Industry Size, Share, Key Players Analysis that are Infor, SkillSoft Corporation, Adrenna, CERTPOINT Systems and others with Regional Forecast to 2022
Overview:
E-Learning is used to enhance the learning procedures for newer job requirements and to make employees sound about the internal and external changes in the market and respective organizations. This method has created considerable differences in the ways of training and developing employee...
