Acoustic Insulation Market To Reach $16.55 Billion By 2025 Due To Increasing Standard Of Living, Awareness Regarding Noise Pollution & Health: Grand View Research Inc.

Acoustic Insulation Market To Reach $16.55 Billion By 2025 Due To Increasing Standard Of Living, Awareness Regarding Noise Pollution & Health: Grand View Research Inc.

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According to a recent report published by Grand View Research Inc., rising building & construction activities continuous innovations made in the automotive sector to cater to disturbance-free driving is accelerating the expansion of the acoustic insulation market.

The global acoustic insulation market size is expected to reach USD 16.55 billion by 2025. Increasing standard of living, stringent regulations, and growing awareness about the adverse effect of noise pollution have been driving the market so far.

Market growth is also factored by consumer needs and initiatives, coupled with significant technological advancements in industrial processing, transportation industries, construction activities. The aforementioned factors play a vital role in acoustic insulation market expansion over the forecast period.

Aerospace and marine industries are manufacturing acoustically insulated luxury vehicles to isolate occupants from airborne and impact noises. Sound insulating materials have found a widespread application in traditional building & construction activities. It is used to maintain a peaceful indoor environment for the occupants. The market penetration in the construction sector is primarily driven by regulatory norms to control noise transmission levels, particularly in the U.S. and Europe. 

Global acoustic insulation market

Acoustic Insulation Market Report Highlights

  1. Building & construction industry will dominate the end-use segment during the analysis timeline, on account of its high penetration in modern economies of Europe and the U.S. 

  2. The transportation industry is also anticipated to experience an decent growth due to increased demand for improved NVH levels from consumers and the rising competition among auto manufacturers

  3. Asia Pacific is accounted for a prominent revenue share of 40% in 2015. Asia Pacific is a potential market space for the building & construction and transportation sectors. Rising manufacturing industries in China and India, coupled with the booming transportation sector is expected to trigger the growth by 2025

  4. The growth of the Asia Pacific region is also driven by initiation of the “Made in China 2025” program, which supports in enhancing the existing low cost mass production activities to an advanced & higher value-added manufacturing, particularly in the automotive industry

  5. EPS plastic foams are used in transportation and numerous industrial sectors across emerging India, South Africa, Mexico, and South Korea. Furthermore, fast & low-cost installation, efficient fire resistance, effective absorption of shearing forces, and CFC& halogen-free properties of the EPS plastic foam is trending in the global market 

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Acoustic Insulation Market Segmentation

Grand View Research has segmented the global acoustic Insulation market on the basis of product, end use and region:

Acoustic Insulation Product Outlook (Volume, Kilo Tons; Revenue, USD Million, 2014 – 2025)

  • Glass wool

  • Rock wool

  • Foamed Plastic

  • Others

Acoustic Insulation End-Use Outlook (Volume, Kilo Tons; Revenue, USD Million, 2014 – 2025)

  • Building & Construction

    • Residential

    • Commercial

  • Industrial

  • Transportation

    • Automotive

    • Marine

    • Aerospace

Acoustic Insulation Regional Outlook (Volume, Kilo Tons; Revenue, USD Million, 2014 – 2025)

  • North America

    • U.S.

  • Europe

    • Germany

    • UK

    • France

  • Asia Pacific

    • China

    • India

    • Japan

  • Middle East and Africa

  • Central & South America

    • Brazil

List of Key Players of Acoustic Insulation Market

  1. Saint-Gobain

  2. Rockwool International A/S

  3. Knauf Insulation

  4. Owens Corning

  5. Johns Manville Inc.

  6. Armacell

  7. BASF SE

  8. Paroc

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About Grand View Research

Grand View Research is a market research and consulting company registered in the State of California having its headquarters in San Francisco. The company offers syndicated research reports, customized research reports, and consulting services. With Grand View Research, you get an opportunity to understand market trends, insights, and business statistics from a strategic standpoint. With a deep-seated understanding of many business environments, Grand View Research offers business and market intelligence studies and accomplishes more than 300 multi-country market studies.

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