Acoustic Insulation Market Size, Share & Trends Analysis Report By Product (Glass Wool, Rock Wool, Foamed Plastic), By End Use (Building & Construction, Industrial), By Region And Segment Forecasts, 2024 - 2030

Acoustic Insulation Market Size, Share & Trends Analysis Report By Product (Glass Wool, Rock Wool, Foamed Plastic), By End Use (Building & Construction, Industrial), By Region And Segment Forecasts, 2024 - 2030

Acoustic Insulation Market Growth & Trends

The global acoustic insulation market size is expected to reach USD 21.03 billion in 2030, expanding at a CAGR of 4.3% from 2024 to 2030, according to a new report by Grand View Research, Inc. Increasing standard of living, awareness regarding the effect of noise pollution on human health and stringent regulations have been driving the global market so far.

Market growth will probably be driven by consumer needs and initiatives, while favorable regulations are also expected to play a crucial role in shaping the industry. Technological advancements in construction, industrial processing, and transportation industries will play a significant role in acoustic insulation market growth over the forecast period.

Increasing competition in automotive manufacturers to produce acoustically insulated luxury vehicles has taken the game far ahead. Aerospace and marine industries have been trying to isolate occupants from airborne and impact noises. Consumer demand for quieter and insulated cabins in vehicles and airplanes will probably help the segment growth over the forecast period.

Building & Construction has traditionally been using sound insulating materials to maintain a peaceful environment for the occupants. Penetration in the sector is primarily driven by regulatory mandates to control noise transmission level, especially in the U.S. and Europe. However, sluggish construction industry growth in Europe has inhibited the market growth in the past and the impact is expected to be seen over the forecast period as well.

Asia Pacific is the dominant market, and the demand has been driven by growing construction as well as transportation sectors. Europe closely follows Asia Pacific to be the second largest market for acoustic insulation products. Regional demand is driven by stringent regulations regarding the airborne, appliance and impact noise. Apart from regulations on noise at source, EU regulates noise transmission levels inside dwellings as well.

Acoustic Insulation Market Report Highlights

• Rock wool dominated the market and accounted for a share of 42.7% in 2023 owing to the material’s exceptional sound absorption properties, fire resistance, and thermal insulation capabilities.
• Foamed plastics are expected to emerge as the fastest-growing CAGR over the forecast period. Foamed plastics such as expanded polystyrene (EPS) and polyurethane (PU), offer cost-effective solutions for acoustic insulation.
• The building & construction segment held the dominant market share in 2023 attributed to the rapid urbanization and industrial growth that led to increased construction activities with noise reduction solutions.
• The industrial segment is expected to grow substantially at a CAGR of 5.4% during the forecast period. Factories, warehouses, and manufacturing facilities have alarmingly adopted acoustic insulation to reduce noise pollution and increase productivity.
• The Asia Pacific acoustic insulation market dominated the global market and accounted for the largest market share of 43.2% in 2023.

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