Global Acoustic Insulation Material Market Growth 2023-2029

Global Acoustic Insulation Material Market Growth 2023-2029

Noise has the effect of raising stress levels, disrupting sleep and generally reducing people’s quality of life. Acoustic insulation is a type of soundproofing that attempts to prevent sound from entering or exiting an enclosed space by creating some a barrier between the interior and the exterior area. Because sound is able to travel in more than one fashion, the exact process and choice of materials used to manage sound insulation will vary.

Acoustic insulation materials commonly used are various, including boards, blankets, mineral wool, etc.

LPI (LP Information)' newest research report, the “Acoustic Insulation Material Industry Forecast” looks at past sales and reviews total world Acoustic Insulation Material sales in 2022, providing a comprehensive analysis by region and market sector of projected Acoustic Insulation Material sales for 2023 through 2029. With Acoustic Insulation Material sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Acoustic Insulation Material industry.

This Insight Report provides a comprehensive analysis of the global Acoustic Insulation Material landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Acoustic Insulation Material portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Acoustic Insulation Material market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Acoustic Insulation Material and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Acoustic Insulation Material.

The global Acoustic Insulation Material market size is projected to grow from US$ 4665.3 million in 2022 to US$ 5904.8 million in 2029; it is expected to grow at a CAGR of 5904.8 from 2023 to 2029.

Global Acoustic Insulation Material key players include ROCKWOOL, Knauf, Owens Corning, Saint-Gobain, etc. Global top four manufacturers hold a share over 30%.

Europe is the largest market, with a share about 30%, followed by China, and USA, both have a share over 30 percent.

In terms of product, Mineral Wool Type is the largest segment, with a share over 35%. And in terms of application, the largest application is Commercial Buildings, followed by Residential Buildings, Industrial, etc.

This report presents a comprehensive overview, market shares, and growth opportunities of Acoustic Insulation Material market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type

Mineral Wool Type

Fiberglass Type

Foamed Plastic Type

Others

Segmentation by application

Residential Buildings

Commercial Buildings

Industrial

This report also splits the market by region:

Americas

United States

Canada

Mexico

Brazil

APAC

China

Japan

Korea

Southeast Asia

India

Australia

Europe

Germany

France

UK

Italy

Russia

Middle East & Africa

Egypt

South Africa

Israel

Turkey

GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.

ROCKWOOL

Saint-Gobain

Owens Corning

Knauf

K-FLEX

Paroc

Armacell

BASF

Meisei

AUTEX

SRS

Fletcher Insulation

Forgreener Acoustics

Sichuan ZISEN Acoustics Technology

Shenzhen Vinco Soundproofing Materials

Key Questions Addressed in this Report

What is the 10-year outlook for the global Acoustic Insulation Material market?

What factors are driving Acoustic Insulation Material market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Acoustic Insulation Material market opportunities vary by end market size?

How does Acoustic Insulation Material break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.