Acoustic Insulation Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028
Market Report I 2023-09-04 I 141 Pages I IMARC Group
Market Overview:
The global acoustic insulation market size reached US$ 14.2 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 19.6 Billion by 2028, exhibiting a growth rate (CAGR) of 5.4% during 2023-2028.
Acoustic insulation, or soundproofing insulation, refers to the property of a material to reflect or absorb the sound waves to achieve enhances acoustic comfort. Some of the commonly used acoustic insulation materials include bitumen sheets, fiber belts, mineral wool, fiberglass, blown-in cellulose, spray foam and foam board. These materials exhibit improved sound-absorbing and vibration dampening capabilities and aid in minimizing sound pollution. They can reduce airborne sounds, such as vehicle horns, radios and loudspeakers, flanking sounds, such as the sounds traveling through the ductwork and hollow core doors, and impact sounds. As a result, acoustic insulation materials are widely used across various industries, such as construction, oil and gas, energy and transportation.
Acoustic Insulation Market Trends:
Significant growth in the construction industry across the globe is one of the key factors creating a positive outlook for the market. Acoustic insulation solutions are widely used across residential, commercial and industrial buildings to minimize external disturbances and enhance fire and thermal resistance. These insulation materials reduce the reverberations and maintain a balanced acoustic environment in professional spaces, such as recording studios, opera halls, laboratories and movie theatres. Moreover, the increasing adoption of aerogel as an effective substitute for glass wool is providing a thrust to the market growth. Aerogel is lightweight, durable, cost-effective, convenient to install and reinstall and has a higher insulation value than the traditionally used materials. Additionally, the widespread adoption of acoustic insulation materials for soundproofing hospital wards and operation theaters is also favoring the market growth. Other factors, including the implementation of stringent noise pollution standards, along with extensive research and development (R&D) activities, are anticipated to drive the market toward growth.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global acoustic insulation market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on material type, sales channel and end user.
Breakup by Material Type:
Stone Wool
Glass Wool
Plastic Foam
Others
Breakup by Sales Channel:
Offline
Online
Breakup by End User:
Building and Construction
Industrial
Transportation
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
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players being 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 and Trelleborg AB.
Key Questions Answered in This Report:
How has the global acoustic insulation market performed so far and how will it perform in the coming years?
What has been the impact of COVID-19 on the global acoustic insulation market?
What are the key regional markets?
What is the breakup of the market based on the material type?
What is the breakup of the market based on the sales channel?
What is the breakup of the market based on the end user?
What are the various stages in the value chain of the industry?
What are the key driving factors and challenges in the industry?
What is the structure of the global acoustic insulation market and who are the key players?
What is the degree of competition in the industry?
1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global Acoustic Insulation Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast
6 Market Breakup by Material Type
6.1 Stone Wool
6.1.1 Market Trends
6.1.2 Market Forecast
6.2 Glass Wool
6.2.1 Market Trends
6.2.2 Market Forecast
6.3 Plastic Foam
6.3.1 Market Trends
6.3.2 Market Forecast
6.4 Others
6.4.1 Market Trends
6.4.2 Market Forecast
7 Market Breakup by Sales Channel
7.1 Offline
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 Online
7.2.1 Market Trends
7.2.2 Market Forecast
8 Market Breakup by End User
8.1 Building and Construction
8.1.1 Market Trends
8.1.2 Market Forecast
8.2 Industrial
8.2.1 Market Trends
8.2.2 Market Forecast
8.3 Transportation
8.3.1 Market Trends
8.3.2 Market Forecast
9 Market Breakup by Region
9.1 North America
9.1.1 United States
9.1.1.1 Market Trends
9.1.1.2 Market Forecast
9.1.2 Canada
9.1.2.1 Market Trends
9.1.2.2 Market Forecast
9.2 Asia-Pacific
9.2.1 China
9.2.1.1 Market Trends
9.2.1.2 Market Forecast
9.2.2 Japan
9.2.2.1 Market Trends
9.2.2.2 Market Forecast
9.2.3 India
9.2.3.1 Market Trends
9.2.3.2 Market Forecast
9.2.4 South Korea
9.2.4.1 Market Trends
9.2.4.2 Market Forecast
9.2.5 Australia
9.2.5.1 Market Trends
9.2.5.2 Market Forecast
9.2.6 Indonesia
9.2.6.1 Market Trends
9.2.6.2 Market Forecast
9.2.7 Others
9.2.7.1 Market Trends
9.2.7.2 Market Forecast
9.3 Europe
9.3.1 Germany
9.3.1.1 Market Trends
9.3.1.2 Market Forecast
9.3.2 France
9.3.2.1 Market Trends
9.3.2.2 Market Forecast
9.3.3 United Kingdom
9.3.3.1 Market Trends
9.3.3.2 Market Forecast
9.3.4 Italy
9.3.4.1 Market Trends
9.3.4.2 Market Forecast
9.3.5 Spain
9.3.5.1 Market Trends
9.3.5.2 Market Forecast
9.3.6 Russia
9.3.6.1 Market Trends
9.3.6.2 Market Forecast
9.3.7 Others
9.3.7.1 Market Trends
9.3.7.2 Market Forecast
9.4 Latin America
9.4.1 Brazil
9.4.1.1 Market Trends
9.4.1.2 Market Forecast
9.4.2 Mexico
9.4.2.1 Market Trends
9.4.2.2 Market Forecast
9.4.3 Others
9.4.3.1 Market Trends
9.4.3.2 Market Forecast
9.5 Middle East and Africa
9.5.1 Market Trends
9.5.2 Market Breakup by Country
9.5.3 Market Forecast
10 SWOT Analysis
10.1 Overview
10.2 Strengths
10.3 Weaknesses
10.4 Opportunities
10.5 Threats
11 Value Chain Analysis
12 Porters Five Forces Analysis
12.1 Overview
12.2 Bargaining Power of Buyers
12.3 Bargaining Power of Suppliers
12.4 Degree of Competition
12.5 Threat of New Entrants
12.6 Threat of Substitutes
13 Price Analysis
14 Competitive Landscape
14.1 Market Structure
14.2 Key Players
14.3 Profiles of Key Players
14.3.1 3M Company
14.3.1.1 Company Overview
14.3.1.2 Product Portfolio
14.3.1.3 Financials
14.3.2 Armacell
14.3.2.1 Company Overview
14.3.2.2 Product Portfolio
14.3.3 BASF SE
14.3.3.1 Company Overview
14.3.3.2 Product Portfolio
14.3.3.3 Financials
14.3.3.4 SWOT Analysis
14.3.4 Compagnie de Saint-Gobain S.A.
14.3.4.1 Company Overview
14.3.4.2 Product Portfolio
14.3.4.3 Financials
14.3.4.4 SWOT Analysis
14.3.5 Fletcher Insulation Pty Limited (Fletcher Building Limited)
14.3.5.1 Company Overview
14.3.5.2 Product Portfolio
14.3.6 Johns Manville (Berkshire Hathaway Inc.)
14.3.6.1 Company Overview
14.3.6.2 Product Portfolio
14.3.7 Kingspan Group plc
14.3.7.1 Company Overview
14.3.7.2 Product Portfolio
14.3.7.3 Financials
14.3.7.4 SWOT Analysis
14.3.8 Knauf Insulation
14.3.8.1 Company Overview
14.3.8.2 Product Portfolio
14.3.9 Lanxess AG
14.3.9.1 Company Overview
14.3.9.2 Product Portfolio
14.3.9.3 Financials
14.3.9.4 SWOT Analysis
14.3.10 Owens Corning
14.3.10.1 Company Overview
14.3.10.2 Product Portfolio
14.3.10.3 Financials
14.3.10.4 SWOT Analysis
14.3.11 Recticel Insulation (Recticel Group)
14.3.11.1 Company Overview
14.3.11.2 Product Portfolio
14.3.12 Rockwool International A/S
14.3.12.1 Company Overview
14.3.12.2 Product Portfolio
14.3.12.3 Financials
14.3.13 Trelleborg AB
14.3.13.1 Company Overview
14.3.13.2 Product Portfolio
14.3.13.3 Financials
Figure 1: Global: Acoustic Insulation Market: Major Drivers and Challenges
Figure 2: Global: Acoustic Insulation Market: Sales Value (in Billion US$), 2017-2022
Figure 3: Global: Acoustic Insulation Market Forecast: Sales Value (in Billion US$), 2023-2028
Figure 4: Global: Acoustic Insulation Market: Breakup by Material Type (in %), 2022
Figure 5: Global: Acoustic Insulation Market: Breakup by Sales Channel (in %), 2022
Figure 6: Global: Acoustic Insulation Market: Breakup by End User (in %), 2022
Figure 7: Global: Acoustic Insulation Market: Breakup by Region (in %), 2022
Figure 8: Global: Acoustic Insulation (Stone Wool) Market: Sales Value (in Million US$), 2017 & 2022
Figure 9: Global: Acoustic Insulation (Stone Wool) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 10: Global: Acoustic Insulation (Glass Wool) Market: Sales Value (in Million US$), 2017 & 2022
Figure 11: Global: Acoustic Insulation (Glass Wool) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 12: Global: Acoustic Insulation (Plastic Foam) Market: Sales Value (in Million US$), 2017 & 2022
Figure 13: Global: Acoustic Insulation (Plastic Foam) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 14: Global: Acoustic Insulation (Other Material Types) Market: Sales Value (in Million US$), 2017 & 2022
Figure 15: Global: Acoustic Insulation (Other Material Types) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 16: Global: Acoustic Insulation (Offline) Market: Sales Value (in Million US$), 2017 & 2022
Figure 17: Global: Acoustic Insulation (Offline) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 18: Global: Acoustic Insulation (Online) Market: Sales Value (in Million US$), 2017 & 2022
Figure 19: Global: Acoustic Insulation (Online) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 20: Global: Acoustic Insulation (Building and Construction) Market: Sales Value (in Million US$), 2017 & 2022
Figure 21: Global: Acoustic Insulation (Building and Construction) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 22: Global: Acoustic Insulation (Industrial) Market: Sales Value (in Million US$), 2017 & 2022
Figure 23: Global: Acoustic Insulation (Industrial) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 24: Global: Acoustic Insulation (Transportation) Market: Sales Value (in Million US$), 2017 & 2022
Figure 25: Global: Acoustic Insulation (Transportation) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 26: North America: Acoustic Insulation Market: Sales Value (in Million US$), 2017 & 2022
Figure 27: North America: Acoustic Insulation Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 28: United States: Acoustic Insulation Market: Sales Value (in Million US$), 2017 & 2022
Figure 29: United States: Acoustic Insulation Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 30: Canada: Acoustic Insulation Market: Sales Value (in Million US$), 2017 & 2022
Figure 31: Canada: Acoustic Insulation Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 32: Asia-Pacific: Acoustic Insulation Market: Sales Value (in Million US$), 2017 & 2022
Figure 33: Asia-Pacific: Acoustic Insulation Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 34: China: Acoustic Insulation Market: Sales Value (in Million US$), 2017 & 2022
Figure 35: China: Acoustic Insulation Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 36: Japan: Acoustic Insulation Market: Sales Value (in Million US$), 2017 & 2022
Figure 37: Japan: Acoustic Insulation Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 38: India: Acoustic Insulation Market: Sales Value (in Million US$), 2017 & 2022
Figure 39: India: Acoustic Insulation Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 40: South Korea: Acoustic Insulation Market: Sales Value (in Million US$), 2017 & 2022
Figure 41: South Korea: Acoustic Insulation Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 42: Australia: Acoustic Insulation Market: Sales Value (in Million US$), 2017 & 2022
Figure 43: Australia: Acoustic Insulation Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 44: Indonesia: Acoustic Insulation Market: Sales Value (in Million US$), 2017 & 2022
Figure 45: Indonesia: Acoustic Insulation Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 46: Others: Acoustic Insulation Market: Sales Value (in Million US$), 2017 & 2022
Figure 47: Others: Acoustic Insulation Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 48: Europe: Acoustic Insulation Market: Sales Value (in Million US$), 2017 & 2022
Figure 49: Europe: Acoustic Insulation Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 50: Germany: Acoustic Insulation Market: Sales Value (in Million US$), 2017 & 2022
Figure 51: Germany: Acoustic Insulation Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 52: France: Acoustic Insulation Market: Sales Value (in Million US$), 2017 & 2022
Figure 53: France: Acoustic Insulation Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 54: United Kingdom: Acoustic Insulation Market: Sales Value (in Million US$), 2017 & 2022
Figure 55: United Kingdom: Acoustic Insulation Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 56: Italy: Acoustic Insulation Market: Sales Value (in Million US$), 2017 & 2022
Figure 57: Italy: Acoustic Insulation Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 58: Spain: Acoustic Insulation Market: Sales Value (in Million US$), 2017 & 2022
Figure 59: Spain: Acoustic Insulation Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 60: Russia: Acoustic Insulation Market: Sales Value (in Million US$), 2017 & 2022
Figure 61: Russia: Acoustic Insulation Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 62: Others: Acoustic Insulation Market: Sales Value (in Million US$), 2017 & 2022
Figure 63: Others: Acoustic Insulation Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 64: Latin America: Acoustic Insulation Market: Sales Value (in Million US$), 2017 & 2022
Figure 65: Latin America: Acoustic Insulation Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 66: Brazil: Acoustic Insulation Market: Sales Value (in Million US$), 2017 & 2022
Figure 67: Brazil: Acoustic Insulation Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 68: Mexico: Acoustic Insulation Market: Sales Value (in Million US$), 2017 & 2022
Figure 69: Mexico: Acoustic Insulation Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 70: Others: Acoustic Insulation Market: Sales Value (in Million US$), 2017 & 2022
Figure 71: Others: Acoustic Insulation Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 72: Middle East and Africa: Acoustic Insulation Market: Sales Value (in Million US$), 2017 & 2022
Figure 73: Middle East and Africa: Acoustic Insulation Market: Breakup by Country (in %), 2022
Figure 74: Middle East and Africa: Acoustic Insulation Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 75: Global: Acoustic Insulation Industry: SWOT Analysis
Figure 76: Global: Acoustic Insulation Industry: Value Chain Analysis
Figure 77: Global: Acoustic Insulation Industry: Porter's Five Forces Analysis
Table 1: Global: Acoustic Insulation Market: Key Industry Highlights, 2022 and 2028
Table 2: Global: Acoustic Insulation Market Forecast: Breakup by Material Type (in Million US$), 2023-2028
Table 3: Global: Acoustic Insulation Market Forecast: Breakup by Sales Channel (in Million US$), 2023-2028
Table 4: Global: Acoustic Insulation Market Forecast: Breakup by End User (in Million US$), 2023-2028
Table 5: Global: Acoustic Insulation Market Forecast: Breakup by Region (in Million US$), 2023-2028
Table 6: Global: Acoustic Insulation Market: Competitive Structure
Table 7: Global: Acoustic Insulation Market: Key Players
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