+1-888-308-5802     
News Contact Us

Construction Industry To Majorly Contribute Towards Global Acoustic Insulation Market Growth

Author : Rahul Varpe | Published Date : 2019-03-22 

Major acoustic insulation products include extruded polystyrene, glass wool, cellulose & aerogel, and rock wool. Extruded Polystyrene acoustic insulation market revenue is expected to surpass USD 9 billion by 2025, owing to its dense structure and moisture resisting property.  Cellulose & aerogel insulation market is expected to record a CAGR of 7% over 2016-2025 due to their outstanding sound absorption characteristics and ease of handling. Glass wool acoustic insulation market worth USD 3 billion in 2015, is expected to witness a substantial growth over the period of 2016-2025, owing to its effective lightweight features, high durability, flexibility, and acoustic & thermal properties.

Construction industry will also play a vital role in APAC acoustic insulation market growth. Construction sector in Asia Pacific accounted for nearly USD 3.5 trillion in 2015. China dominated the Asia Pacific construction market in 2015 by contributing over USD 1.7 trillion to the overall revenue. China is predicted to be the key revenue pocket of APAC acoustic insulation market over the coming years. India and Indonesia will also significantly contribute towards the regional share.

Growing popularity of music studios, gyms & workout centers, sound insulation materials, and sound quality auditoriums are predicted to propel global acoustic insulation market growth over the coming years. According to the Harvard School of Public health, over 47 million houses in U.S. were under-insulated in 2015 and these figures display a strong future growth prospective for the insulation industry in U.S. Moreover, increase in noise pollution due to lifestyle changes of the consumers along with legislations supporting sustainable infrastructure are expected to stimulate the demand for acoustic insulation in residential and commercial sectors.

To access a sample copy or view the Acoustic Insulation Market report in detail along with the table of contents, please click the link below: www.gminsights.com/request-sample/detail/802

Expansion in sustainable infrastructure, owing to increasing purchasing capacity of the middle income-groups, particularly in BRIC countries, is expected to drive the acoustic insulation industry size over the coming years. Manufacturing, oil platforms, electronics, and construction are other vital sectors promoting acoustic insulation demand to curb noise pollution levels.

Asia Pacific acoustic insulation market worth USD 2 billion in 2015, is predicted to witness a significant growth over 2016-2025 owing to the rising demand for soundproofing vehicles across the automotive sector. Growing focus on soundproofing and fire safety in high-rise infrastructure have boosted the demand for acoustic insulation products.

North America market is expected to reach USD 5 billion by 2025 due to strong demand for acoustic insulation products across construction, engineering, industrial, and commercial sectors. U.S. is predicted to contribute significantly towards the overall market revenue of the region.

Europe acoustic insulation market is predicted to witness a high surge over the 2016-2025. Re-insulation of large amount of under-insulated homes in Europe to check noise emission is a major factor predicted to contribute towards the overall revenue of the region.

Request for customization @ www.gminsights.com/roc/802

Enhancement of brand visibility, geographic expansion, strategic collaborations, and product portfolio improvement will be some of the major growth strategies adopted by the industry participants over the coming years. Key market players include Armacell, Rockwool International Company, Cellecta, SIDERISE, Owens Corning Company, AFICO, Knauf Insulation Company, Paroc, Kingspan Group, and Fletcher.

About Author

Rahul Varpe

Rahul Varpe

Rahul Varpe currently writes for fractovia. A communication Engineering graduate by education, Rahul started his journey in as a freelancer writer along with regular jobs. Rahul has a prior experience in writing as well as marketing of services and products online. Apart from being an avid reader, his other hobbies include music and sketching. He can be contacted at- [email protected] | https://twitter.com/varperahul

Related News

Tempered Glass Market 2019-2024; Growth Forecast & Industry Share Report

Published Date: 2019-09-23         Author: Rahul Varpe

An analysis of Tempered Glass Market has been provided in the latest report introduced by Global Market Insights, Inc. that primarily focuses on the market trends, demand spectrum, and future prospects of this industry over the forecast period. Furthermore, the report provides a detailed statistical... Read More

Biodegradable Bone Graft Polymers Market Growth Analysis By Regional Players | 2019-2024

Published Date: 2019-09-23         Author: Rahul Varpe

Global Market Insights, Inc. has released a new research study on Biodegradable Bone Graft Polymers Market Analysis 2019-2024 inclusive of one or more factors covering regional opportunities, application landscape, product demand trends, and end-use portfolio of the industry over the forecast timefr... Read More

Europe Microencapsulation Market Is Projected To Witness Significant Gains During 2019–2024

Published Date: 2019-09-23         Author: Rahul Varpe

The Microencapsulation Market study by Global Market Insights, Inc., is a collation of valuable insights related to market size, market share, profitability margin, growth dynamics and regional proliferation of this business vertical. The study further includes a detailed analysis pertaining to... Read More

© 2019 Fractovia. All Rights Reserved