+1-888-308-5802     
News Contact Us

Global Acoustic Insulation Market Valuation To Hit USD 17 Billion By 2025, Asia Pacific To Dominate The Regional Landscape

Author : Rahul Varpe | Published Date : 2019-03-07 

According to Global Market Insights, Inc., “Acoustic Insulation Market size worth USD 10 billion in 2015, is predicted to touch USD 22 billion by 2025, recording a CAGR of 6% over the period of 2016-2025.” Acoustic insulation finds extensive application in construction and transportation industries. Acoustic insulation market size in the construction industry accounted for nearly USD 4 billion in 2015, and is estimated to grow substantially over the coming years. 

The growth can be attributed to the high demand for sustainable structures from middle-income groups along with rise in urbanization. Its application in transportation industry is predicted to grow at a rate of 6.3% over 2016-2025 due to growing requirement for soundproofing materials by hospitals, schools, and houses.

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.

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.

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.

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.

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.

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 Global Market Insights

Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

Contact Us
Contact Person: Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
Phone: 1-302-846-7766
Toll Free: 1 888-689-0688
Email: [email protected] 
Web: https://www.gminsights.com

Read More News @ http://allchemresearch.com

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

Rapid Self-healing Gel Market Report By Regional Revenue & Growth Forecast 2019-2025

Published Date: 2019-07-16         Author: Rahul Varpe

Consistent progression in wound healing is a primary factor likely to make significant positive impact on the rapid self-healing gel market size by 2025. Rapid self-healing gel is widely applicable in wound dressing or healing owing to its excellent properties including high sensitivity to physiolog... Read More

Industrial Protective Fabric Market 2019-2025 Statistics By Regional Players

Published Date: 2019-07-16         Author: Rahul Varpe

U.S. industrial protective fabrics market size from flame retardant application may observe strong gains of 7.5% due to its usage in oil & gas industry due to explosion and fire hazards. Rising shale discoveries in U.S. along with policy deregulations including Clean Power Plan (CPP) has increas... Read More

Ballistic Protection Materials & Equipment Market To Witness A Steady Growth Over The Forecast Timeframe

Published Date: 2019-07-16         Author: Rahul Varpe

Growing terrorism in different countries across the globe is anticipated to make a subsequent positive influence on the ballistic protection materials & equipment market size by 2025. For instance, sensitive geopolitical scenarios are creating internal and external tensions across the national a... Read More

© 2019 Fractovia. All Rights Reserved