openPR Logo
Press release

Acoustic Insulation Market to Reach USD 22.9 Billion by 2032, Fueled by Increasing Adoption in Construction and Automotive Industries and Innovations in Material Technology

10-16-2024 12:06 AM CET | Industry, Real Estate & Construction

Press release from: ABNewswire

Acoustic Insulation

Acoustic Insulation

The construction industry is witnessing a growing demand for acoustic insulation, driven by the need to improve soundproofing in residential, commercial, and industrial buildings.
Acoustic Insulation Industry Outlook 2024-2032

Summary:

* How big is the acoustic insulation market?

The global acoustic insulation market size reached USD 15.0 Billion in2023. The market is expected to reach USD 22.9 Billion by 2032, exhibiting a growth rate (CAGR) of 4.7% during 2024-2032.

* Asia Pacific leads the market, accounting for the largest [https://www.imarcgroup.com/acoustic-insulation-market].
* Plastic foam accounts for the majority of the market share in the material type segment due to its lightweight nature, affordability, and effective sound absorption capabilities.
* Based on the sales channel, the market has been segmented into offline and online.
* Building and construction remain a dominant segment in the market as acoustic insulation is crucial for minimizing noise pollution in both residential and commercial structures.
* The growing demand for acoustic insulation in the construction industry is a primary driver of the acoustic insulation market.
* The growing adoption of acoustic insulation in automotive manufacturing is propelling the acoustic insulation market.

Industry Trends and Drivers:

* Rising Demand for Acoustic Insulation in the Construction Industry:

The construction industry is witnessing a growing demand for acoustic insulation, driven by the need to improve soundproofing in residential, commercial, and industrial buildings. As urbanization accelerates and populations become more concentrated in city areas, noise pollution is becoming a major concern, prompting builders and architects to prioritize sound control in new developments. Building regulations are increasingly stringent when it comes to noise reduction standards, pushing developers to incorporate advanced acoustic insulation materials such as mineral wool, fiberglass, and polyurethane foams. This trend is especially prevalent in high-density urban housing and commercial spaces where soundproofing is essential for ensuring comfort and productivity. The growing focus on energy efficiency is also contributing to the adoption of acoustic insulation, as many soundproofing materials double as thermal insulators, providing a dual benefit that is both environmentally friendly and cost-effective. As the construction sector continues to expand globally, the demand for acoustic insulation is expected to rise steadily.

* Increased Adoption of Acoustic Insulation in Automotive Manufacturing:

Automotive manufacturers are increasingly incorporating acoustic insulation into vehicle designs to enhance passenger comfort by reducing noise, vibration, and harshness (NVH) levels. As consumers demand quieter and more comfortable driving experiences, automakers are investing in advanced soundproofing materials to minimize the impact of road noise, engine vibrations, and external sound. Acoustic insulation in cars enhances comfort and improves the overall perception of vehicle quality. This trend is especially prominent in electric vehicles (EVs), where the absence of engine noise makes other sounds more noticeable, prompting manufacturers to focus more on soundproofing. Lightweight materials such as acoustic foams, non-woven fibers, and composites are being used to meet the dual goals of sound insulation and weight reduction, crucial for fuel efficiency and EV range optimization. With the automotive industry shifting toward sustainability and improved user experiences, the adoption of acoustic insulation in vehicles is set to grow further.

* Technological Advancements in Acoustic Insulation Materials:

Advancements in acoustic insulation materials are driving new possibilities in soundproofing across various industries. Researchers and manufacturers are developing more efficient and eco-friendly materials that offer superior sound absorption while also addressing environmental concerns. Innovations such as recycled insulation products and biodegradable materials are gaining traction, as sustainability becomes a critical consideration in construction and manufacturing. These new materials provide excellent sound insulation and contribute to energy efficiency, helping to meet stringent building and environmental regulations. Nanotechnology is also playing a role in enhancing the performance of acoustic insulation, enabling thinner and lighter materials to provide the same or even better soundproofing capabilities as traditional products. These technological advancements are expanding the applications of acoustic insulation, making it more accessible and effective in a wider range of sectors, from construction and automotive to industrial and home appliances. As these innovations continue to evolve, they are expected to play a key role in shaping the future of the acoustic insulation market.

Request a sample copy of the report: https://www.imarcgroup.com/acoustic-insulation-market/requestsample

Acoustic Insulation Market Report Segmentation:

Breakup By Material Type:

* Stone Wool
* Glass Wool
* Plastic Foam
* Others

Plastic foam accounts for the majority of shares due to its lightweight, cost-effective, and efficient sound absorption properties.

Breakup By Sales Channel:

* Offline
* Online

Based on the sales channel, the market has been segmented into offline and online.

Breakup By End User:

* Building and Construction
* Industrial
* Transportation

Building and construction represent the majority of shares as acoustic insulation is essential for reducing noise pollution in residential and commercial buildings.

Breakup By Region:

* North America (United States, Canada)
* Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)
* Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
* Latin America (Brazil, Mexico, Others)
* Middle East and Africa

Asia Pacific holds the leading position owing to a large market for acoustic insulation driven by rapid urbanization, infrastructure development, and growing construction activities in the region.

Top Acoustic Insulation Market Leaders:

The acoustic insulation market research report outlines a detailed analysis of the competitive landscape, offering in-depth profiles of major companies. Some of the key players in the market are:

* 3M Company
* Armacell
* BASF SE
* Compagnie de Saint-Gobain S.A.
* Fletcher Insulation Pty Limited (Fletcher Building Limited)
* Johns Manville (Berkshire Hathaway Inc.)
* Kingspan Group plc
* Knauf Insulation
* Lanxess AG
* Owens Corning
* Recticel Insulation (Recticel Group)
* Rockwool International A/S
* Trelleborg AB

If you require any specific information that is not covered currently within the scope of the report, we will provide the same as a part of the customization.

Browse Our Other Chemical & Materials Industry Reports:

* Optical Coatings Market Size, Share, Growth & Forecast Report 2024-2032 [https://www.imarcgroup.com/optical-coatings-market]
* Coating Additives Market Size, Share & Forecast Report 2024-2032 [https://www.imarcgroup.com/coating-additives-market]
* Thermoplastic Polyurethane Market Size, Share and Growth Report 2024-2032 [https://www.imarcgroup.com/thermoplastic-polyurethane-market]

About Us:

IMARC Group is a global management consulting firm that helps the world's most ambitious changemakers to create a lasting impact. The company provides a comprehensive suite of market entry and expansion services. IMARC offerings include a thorough market assessment, feasibility studies, company incorporation assistance, factory setup support, regulatory approvals and licensing navigation, branding, marketing and sales strategies, competitive landscape, and benchmarking analyses, pricing and cost research, and procurement research.

Media Contact
Company Name: IMARC Group
Contact Person: Elena Anderson
Email:Send Email [https://www.abnewswire.com/email_contact_us.php?pr=acoustic-insulation-market-to-reach-usd-229-billion-by-2032-fueled-by-increasing-adoption-in-construction-and-automotive-industries-and-innovations-in-material-technology]
Phone: +1-631-791-1145
Address:134 N 4th St.
City: Brooklyn
State: NY
Country: United States
Website: https://www.imarcgroup.com



This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Acoustic Insulation Market to Reach USD 22.9 Billion by 2032, Fueled by Increasing Adoption in Construction and Automotive Industries and Innovations in Material Technology here

News-ID: 3694633 • Views:

More Releases from ABNewswire

UDPOWER Drops a Compact All-in-One Power Station with an Integrated Jump Starter
UDPOWER Drops a Compact All-in-One Power Station with an Integrated Jump Starter
UDPOWER introduces a new Portable Power Station that integrates an All-in-One design concept for tech enthusiasts and professionals. The compact size with a 256Wh battery combines portability and power efficiency to deliver up to 800W AC output for appliances and electronics. Key Features: - Dimensions and Weight: 8.27" x 5.12" x 7.09"; weights only 6.61 lbs. - The C500 delivers up to 800 watts of AC output and 118 watts of DC output.
Pallet Market Share, Size, Global Industry Trends and Forecast 2024-2032
Pallet Market Share, Size, Global Industry Trends and Forecast 2024-2032
The pallet market is expected to reach US$ 92.5 Billion by 2032, exhibiting a growth rate (CAGR) of 4.2% during 2024-2032. Summary: * The global pallet market size reached USD 63.2 Billion in 2023. * The market is expected to reach USD 92.5 Billion by 2032, exhibiting a growth rate (CAGR) of 4.2% during 2024-2032. * North America leads the market, accounting for the largest pallet market share [https://www.imarcgroup.com/pallet-market]. * Wood
Electric Vehicle Charging Station Market 2024 Share & Size, Trends Analysis, Key Players, and Future Outlook By 2032
Electric Vehicle Charging Station Market 2024 Share & Size, Trends Analysis, Key …
The growing adoption of electric vehicles (EVs) to reduce carbon footprint and maintain sustainability, favorable government initiatives, and advancements in battery technology for faster charging solutions are some of the major factors propelling the market. Attributes and Key Statistics of the Electric Vehicle Charging Station Market Report by IMARC Group: Base Year: 2023 Forecast Years: 2024-2032 Historical Years: 2018-2023 Units: USD Billion Market Size in 2023: USD 12.6 Billion Market Forecast in 2032: USD 158.5 Billion Market Compound
Rising Demand for Electric Vehicles (EV) and Flexible PCBs to Propel Printed Circuit Board Market to USD 97.6 Billion by 2032, Growing at a CAGR of 3.4%
Rising Demand for Electric Vehicles (EV) and Flexible PCBs to Propel Printed Cir …
A major trend in the printed circuit board (PCB) market is the increasing demand for high-density interconnect (HDI) PCBs, driven by the miniaturization of electronic devices. Printed Circuit Board Industry Outlook 2024-2032 Summary: * The global printed circuit board market size reached USD 70.7 Billion in2023. * What is the future outlook for PCB? The market is expected to reach USD 97.6 Billion by 2032, exhibiting a growth rate (CAGR) of 3.4% during

All 5 Releases


More Releases for Insulation

Fiberglass Insulation Market Top Key Players - Asahi Fiber Glass, Bradford insul …
Fiberglass is a common insulation material used in a variety of buildings. It is made up of extremely thin glass fibers. It's commonly found in a variety of insulating products, including batts, rolls, and loose fill. It's also available in the form of rigid panels and duct shielding. Companies now offer synthetic fibers in medium and higher fiberglass batts with somewhat higher R-Values than conventional batts. Fiberglass can be used to
Insulation Spider: Multi Criteria Evaluation of Insulation Materials
The Insulation Spider is a simple and practical graphical tool that visualises the strengths and weaknesses of insulating materials; it creates a complete, differentiated and balanced evaluation of sustainability and application aspects. Maaseik, Belgium., April 06, 2018 -- A wide variety of insulation materials is available on the European market, all with their advantages and disadvantages, depending on the area of application. Besides the physical properties and the performance of insulation materials, sustainability
Global Vacuum Insulation Panel Market 2017 - Kingspan Insulation, Knauf Insulati …
Global Vacuum Insulation Panel Market 2017 Research Report presents a professional and deep analysis on the present state of Vacuum Insulation Panel Market 2017 in Chemicals and Materials Industry. High Use of Vacuum Insulation Panel in Chemicals and Materials Industry Driving the Market Growth of Vacuum Insulation Panel. Vacuum Insulation Panel Market 2017 by Type (Precipitated silica Vacuum Insulation Panel, Fumed silica Vacuum Insulation Panel, Nanogel Vacuum Insulation Panel, Glass
Fiberglass Rigid Board Insulation Market Size 2017-2022: Knauf Insulation, Owens …
Global Fiberglass Rigid Board Insulation Market Research Report A market study ” Global Fiberglass Rigid Board Insulation Market ” examines the performance of the Fiberglass Rigid Board Insulation market 2017. It encloses an in-depth Research of the Fiberglass Rigid Board Insulation market state and the competitive landscape globally. This report analyzes the potential of Fiberglass Rigid Board Insulation market in the present and the future prospects from various angles in detail. Inquiry
Global Cold Insulation Materials Market 2017 - Huntsman, Fletcher Insulation
The motive of this strategic research report entitled "Global Cold Insulation Materials Market 2017" is to provide company officials, industry investors, and industry members with consequential insights to enable them make reliable strategic decisions regarding the opportunities in the global Cold Insulation Materials market. Key Notes On Cold Insulation Materials Market: "Global Cold Insulation Materials Market 2017 "offers crucial insights into the global Cold Insulation Materials market along with the market size
Global Fiberglass Rigid Board Insulation Market 2017 - Knauf Insulation, Owens C …
The recent report on Fiberglass Rigid Board Insulation market offers insightful information about the present scenario of the market across the globe. The report, titled Fiberglass Rigid Board Insulation points out the key factors affecting the growth of the market. Latest market trends as well as the future growth opportunities have been mentioned in the report. The report takes into account the various micro and macro-economic factors governing the overall