Acoustic Insulation Market by Type (Glass Wool, Rock Wool, Foamed Plastics), End-Use Industry (Building & Construction, Transportation, Manufacturing & Processing), and Region (Asia Pacific, Europe, North America) - Global Forecast to 2022

  • ID: 4416256
  • Report
  • Region: Global, America, Asia, Asia Pacific, Europe, North America, United States
  • 135 Pages
  • Markets and Markets
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Global Acoustic Insulation Market Estimated at USD 11.34 Billion in 2017 and is Projected to Grow to USD 15.01 Billion by 2022, at a CAGR of 5.8%

FEATURED COMPANIES

  • 3M
  • BASF
  • Fletcher Insulation
  • Hush Acoustics
  • Kingspan Group
  • Optima
  • MORE

"Growing demand from developing nations and rising health issues among people are the key factors fueling the growth of the acoustic insulation market."

The global acoustic insulation market is estimated at USD 11.34 billion in 2017 and is projected to grow to USD 15.01 billion by 2022, at a CAGR of 5.8% between 2017 and 2022. Growing demand from developing nations and acceptance and usage in various applications, are the key factors driving the demand for acoustic insulation. Rising health issues due to noise pollution may cause hearing loss, sleep disturbances, and risks of stress and heart disease. Rise in public spending on health, primarily by developing countries, will drive the acoustic insulation market. However, the lack of proper disposing and recycling techniques is the key challenge faced by the manufacturers of acoustic insulation.

"The rock wool segment of the acoustic insulation market is expected to grow at the highest CAGR during the forecast period"

Among various types of acoustic insulation, the rock wool-based acoustic insulation segment is expected to grow at the highest CAGR during the forecast period. As it is made from stone, it dampens vibration and traps sound waves. Rock wool materials have high compressive strength, acoustic and thermal resistance, water repellence, and can withstand temperatures up to 1000° C. Due to these qualities, rock wool is used for flat roofs, outer wall facades for direct rendering, sandwich panels, cavity walls, lofts, pitched roofs, floor, and even underneath rail tracks. It acts as an effective and natural sound barrier. Rock wool offer various advantages such as ease of installation and no maintenance.

"The rising demand from various end-use industries is expected to drive the acoustic insulation market in the Asia Pacific region"

Asia Pacific is expected to be the fastest-growing market for acoustic insulation. Developing economies in the region, with their rapidly growing building & construction industries, are expected to increase the demand for acoustic insulation in the region. In addition, rapid technological advancements in transportation industry and increasing disposable income are encouraging the use of acoustic insulation in the region. China, India, Japan, South Korea, and Australia are the key markets for acoustic insulation in Asia Pacific.

In the process of determining and verifying the market size for several segments and subsegments gathered through secondary research, extensive primary interviews were conducted.

The breakdown of primary interviews is given below:

  • By Company Type: Tier 1 - 48%, Tier 2 - 39%, and Others - 13%
  • By Designation: C-level - 48%, Director-level - 31%, and Others - 21%
  • By Region: North America - 12%, Europe - 27%, Asia Pacific - 37%, South America - 8%, and the Middle East & Africa - 16%

Note 1: Others includes sales, marketing, and product managers.
Note 2: The tier of the companies is determined on the basis of revenues and the ownership of the companies.

Key companies profiled in this market research report are Saint-Gobain (France), Rockwool International (Denmark), Knauf Insulation (Germany), Johns Manville Inc. (US), Owens Corning (US), Paroc Group (Finland), Kingspan Group (Ireland), Armacell International (Germany), BASF SE (Germany), and Fletcher Insulation (Australia).

Research Coverage

This report covers the acoustic insulation market, in terms of volume and value, and forecasts the market size till 2022. The report includes the market segmentation based on type (glass wool, rock wool, foamed plastic), end-use industry (building & construction, transportation, manufacturing & processing), and region (Asia Pacific, Europe, North America, Middle East & Africa, South America). The regions have been further segmented based on key countries into the US, Canada, Mexico, Germany, the UK, France, Spain, Italy, Russia, China, Australia, Japan, India, South Korea, Saudi Arabia, Brazil, and Argentina. The report also provides company profiles and competitive strategies adopted by the key players in the acoustic insulation market.

The report will help market leaders/new entrants in the global acoustic insulation market in the following ways:

1. This report segments the acoustic insulation market comprehensively and provides closest approximations of the revenue numbers for the overall market, and the subsegments across different verticals and regions.
2. It will help stakeholders understand the pulse of the market and provide them information on key market drivers, challenges, and opportunities.
3. It will help stakeholders understand competitors and gain more insights to improve their position in the business. The competitive landscape section includes new product launches, expansions, and agreements.

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Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • 3M
  • BASF
  • Fletcher Insulation
  • Hush Acoustics
  • Kingspan Group
  • Optima
  • MORE

1 Introduction
    1.1 Objectives of the Study
    1.2 Market Definition
    1.3 Market Scope
           1.3.1 Years Considered for the Study
           1.3.2 Currency
    1.4 Unit Considered
    1.5 Research Limitations
    1.6 Stakeholders

2 Research Methodology
    2.1 Research Data
           2.1.1 Secondary Data
                    2.1.1.1 Key Data From Secondary Sources
           2.1.2 Primary Data
                    2.1.2.1 Key Data From Primary Sources
                    2.1.2.2 Key Industry Insights
                    2.1.2.3 Breakdown of Primary Interviews
    2.2 Market Size Estimation
           2.2.1 Bottom-Up Approach
           2.2.2 Top-Down Approach
    2.3 Data Triangulation
    2.4 Research Assumptions

3 Executive Summary

4 Premium Insight
    4.1 Acoustic Insulation Market Overview, 2017 vs 2022
    4.2 Acoustic Insulations Market, By End-Use Industry
    4.3 Acoustic Insulation Market Share in Europe, By Type and Country
    4.4 Acoustic Insulations Market, By End-Use Industry and Region
    4.5 Acoustic Insulation Market Attractiveness

5 Market Overview
    5.1 Introduction
    5.2 Market Dynamics
           5.2.1 Drivers
                    5.2.1.1 Rising Health Issues Among People
                    5.2.1.2 Stringent Regulatory Environment
                    5.2.1.3 Rising Demand From Developing Nations
           5.2.2 Restrains
                    5.2.2.1 Slowdown in European Construction Industry
           5.2.3 Opportunities
                    5.2.3.1 Aerogel, Potential High-Performance Substitute for Glass Wool
                    5.2.3.2 Rise in Demand in Major Applications
           5.2.4 Challenges
                    5.2.4.1 Proper Disposable & Recycling Technique
    5.3 Porter’s Five Forces Analysis
           5.3.1 Threat of New Entrants
           5.3.2 Threat of Substitutes
           5.3.3 Bargaining Power of Suppliers
           5.3.4 Bargaining Power of Buyers
           5.3.5 Intensity of Competitive Rivalry

6 Acoustic Insulation Market, By Type
    6.1 Introduction
    6.2 Mineral Wool
           6.2.1 Glass Wool
           6.2.2 Rock Wool
    6.3 Foamed Plastics
           6.3.1 Polyethylene
           6.3.2 Polyurethane
           6.3.3 Polystyrene
           6.3.4 Polyisocyanurate
           6.3.5 Phenolic Foam
    6.4 Others
           6.4.1 Aerogel
           6.4.2 Cellulose Acetate

7 Acoustic Insulation, By End-Use Industry
    7.1 Introduction
    7.2 Building & Construction
           7.2.1 Commercial Building
           7.2.2 Residential Building
    7.3 Transportation
           7.3.1 Automotive
           7.3.2 Marine
           7.3.3 Aerospace
           7.3.4 Railways
    7.4 Manufacturing & Processing
    7.5 Others

8 Acoustic Insulation Market, By Region
    8.1 Introduction
    8.2 North America
           8.2.1 U.S.
           8.2.2 Canada
           8.2.3 Mexico
    8.3 Europe
           8.3.1 Germany
           8.3.2 France
           8.3.3 Russia
           8.3.4 U.K.
           8.3.5 Spain
           8.3.6 Italy
           8.3.7 Rest of Europe
    8.4 Asia-Pacific
           8.4.1 China
           8.4.2 Japan
           8.4.3 India
           8.4.4 Australia
           8.4.5 South Korea
           8.4.6 Rest of Asia-Pacific
    8.5 Middle East & Africa
           8.5.1 Turkey
           8.5.2 Saudi Arabia
           8.5.3 Rest of Middle East & Africa
    8.6 South America
           8.6.1 Brazil
           8.6.2 Argentina
           8.6.3 Rest of South America

9 Competitive Landscape
    9.1 Market Ranking of Key Players
           9.1.1 Saint-Gobain
           9.1.2 Rockwool International
           9.1.3 Knauf Insulation
           9.1.4 Johns Manville
           9.1.5 Owens Corning

10 Company Profiles
(Overview, Strength of Product Portfolio, Business Strategy Excellence, Products Offering, and Recent Developments)*
     10.1 Saint-Gobain
     10.2 Rockwool International
     10.3 Knauf Insulation
     10.4 Johns Manville
     10.5 Owens Corning
     10.6 Paroc Group
     10.7 Kingspan Group
     10.8 Armacell International
     10.9 BASF
     10.10 Fletcher Insulation
     10.11 Other Market Players
             10.11.1 International Cellulose Corporation
             10.11.2 DOW
             10.11.3 Trocellen
             10.11.4 Huntsman
             10.11.5 Optima
             10.11.6 KCC Corporation
             10.11.7 3M
             10.11.8 Ursa Insulation
             10.11.9 Acoustic Insulation Manufacturing Limited
             10.11.10 Cellecta Ltd.
             10.11.11 Marves Industries
             10.11.12 Hodgson & Hodgson
             10.11.13 Hush Acoustics
             10.11.14 Acoustical Surfaces, Inc.
             10.11.15 Trelleborg

*Details on Overview, Strength of Product Portfolio, Business Strategy Excellence, Products Offering, and Recent Developments Might Not Be Captured in Case of Unlisted Companies.

List of Tables
Table 1 Acoustic Insulation Market, By Type, 2015-2022 (Kiloton)
Table 2 Acoustic Insulations Market, By Type, 2015-2022 (USD Million)
Table 3 Acoustic Insulations Market, By End-Use Industry, 2015-2022 (Kiloton)
Table 4 Acoustic Insulations Market, By End-Use Industry, 2015-2022 (USD Million)
Table 5 Acoustic Insulation Market Size, By Region, 2015-2022 (Kiloton)
Table 6 Acoustic Insulations Market Size, By Region, 2015-2022 (USD Million)
Table 7 North America: Economic Outlook (2016)
Table 8 North America: Acoustic Insulations Market Size, By Country, 2015-2022 (Kiloton)
Table 9 North America: Market Size, By Country, 2015-2022 (USD Million)
Table 10 North America: Market Size, By End-Use Industry, 2015-2022 (Kiloton)
Table 11 North America: Market Size, By End-Use Industry, 2015-2022 (USD Million)
Table 12 U.S.: Acoustic Insulation Market Size, By End-Use Industry, 2015-2022 (Kiloton)
Table 13 U.S.: Market Size, By End-Use Industry, 2015-2022 (USD Million)
Table 14 Canada: Acoustic Insulations Market Size, By End-Use Industry, 2015-2022 (Kiloton)
Table 15 Canada: Market Size, By End-Use Industry, 2015-2022 (USD Million)
Table 16 Mexico: Acoustic Insulation Market Size, By End-Use Industry, 2015-2022 (Kiloton)
Table 17 Mexico: Market Size, By End-Use Industry, 2015-2022 (USD Million)
Table 18 Europe: Economic Outlook (2016)
Table 19 Europe: Acoustic Insulations Market Size, By Country, 2015-2022 (Kiloton)
Table 20 Europe: Market Size, By Country, 2015-2022 (USD Million)
Table 21 Europe: Market Size, By End-Use Industry, 2015-2022 (Kiloton)
Table 22 Europe: Market Size, By End-Use Industry, 2015-2022 (USD Million)
Table 23 Germany: Acoustic Insulation Market Size, By End-Use Industry, 2015-2022 (Kiloton)
Table 24 Germany: Market Size, By End-Use Industry, 2015-2022 (USD Million)
Table 25 France: Acoustic Insulations Market Size, By End-Use Industry, 2015-2022 (Kiloton)
Table 26 France: Market Size, By End-Use Industry, 2015-2022 (USD Million)
Table 27 Russia: Acoustic Insulation Market Size, By End-Use Industry, 2015-2022 (Kiloton)
Table 28 Russia: Market Size, By End-Use Industry, 2015-2022 (USD Million)
Table 29 U.K.: Acoustic Insulations Market Size, By End-Use Industry, 2015-2022 (Kiloton)
Table 30 U.K.: Market Size, By End-Use Industry, 2015-2022 (USD Million)
Table 31 Spain: Acoustic Insulation Market Size, By End-Use Industry, 2015-2022 (Kiloton)
Table 32 Spain: Acoustic Insulation Market Size, By End-Use Industry, 2015-2022 (USD Million)
Table 33 Italy: Acoustic Insulation Market Size, By End-Use Industry, 2015-2022 (Kiloton)
Table 34 Italy: Market Size, By End-Use Industry, 2015-2022 (USD Million)
Table 35 Rest of Europe: Acoustic Insulations Market Size, By End-Use Industry, 2015-2022 (Kiloton)
Table 36 Rest of Europe: Market Size, By End-Use Industry, 2015-2022 (USD Million)
Table 37 Asia-Pacific: Economic Outlook, 2016
Table 38 Asia-Pacific: Acoustic Insulation Market Size, By Country, 2015-2022 (Kiloton)
Table 39 Asia-Pacific: Market Size, By Country, 2015-2022 (USD Million)
Table 40 Asia-Pacific: Market Size, By End-Use Industry, 2015-2022 (Kiloton)
Table 41 Asia-Pacific: Market Size, By End-Use Industry, 2015-2022 (USD Million)
Table 42 China: Acoustic Insulation Market Size, By End-Use Industry, 2015-2022 (Kiloton)
Table 43 China:Market Size, By End-Use Industry, 2015-2022 (USD Million)
Table 44 Japan: Acoustic Insulations Market Size, By End-Use Industry, 2015-2022 (Kiloton)
Table 45 Japan: Market Size, By End-Use Industry, 2015-2022 (USD Million)
Table 46 India: Acoustic Insulation Market Size, By End-Use Industry, 2015-2022 (Kiloton)
Table 47 India: Market Size, By End-Use Industry, 2015-2022 (USD Million)
Table 48 Australia: Acoustic Insulation Market Size, By End-Use Industry, 2015-2022 (Kiloton)
Table 49 Australia: Market Size, By End-Use Industry, 2015-2022 (USD Million)
Table 50 South Korea: Acoustic Insulations Market Size, By End-Use Industry, 2015-2022 (Kiloton)
Table 51 South Korea: Market Size, By End-Use Industry, 2015-2022 (USD Million)
Table 52 Rest of Asia-Pacific: Acoustic Insulation Market Size, By End-Use Industry, 2015-2022 (Kiloton)
Table 53 Rest of Asia-Pacific: Market Size, By End-Use Industry, 2015-2022 (USD Million)
Table 54 Middle East & Africa: Economic Outlook, 2016
Table 55 Middle East & Africa: Acoustic Insulation Market Size, By Country, 2015-2022 (Kiloton)
Table 56 Middle East & Africa: Market Size, By Country, 2015-2022 (USD Million)
Table 57 Middle East & Africa: Market Size, By End-Use Industry, 2015-2022 (Kiloton)
Table 58 Middle East & Africa: Market Size, By End-Use Industry, 2015-2022 (USD Million)
Table 59 Turkey: Acoustic Insulation Market Size, By End-Use Industry, 2015-2022 (Kiloton)
Table 60 Turkey: Market Size, By End-Use Industry, 2015-2022 (USD Million)
Table 61 Saudi Arabia: Acoustic Insulation Market Size, By End-Use Industry, 2015-2022 (Kiloton)
Table 62 Saudi Arabia: Market Size, By End-Use Industry, 2015-2022 (USD Million)
Table 63 Rest of Middle East & Africa: Acoustic Insulation Market Size, By End-Use Industry, 2015-2022 (Kiloton)
Table 64 Rest of Middle East & Africa: Market Size, By End-Use Industry, 2015-2022 (USD Million)
Table 65 South America: Economic Outlook, 2016
Table 66 South America: Acoustic Insulation Market Size, By Country, 2015-2022 (Kiloton)
Table 67 South America: Market Size, By Country, 2015-2022 (USD Million)
Table 68 South America: Market Size, By End-Use Industry, 2015-2022 (Kiloton)
Table 69 South America: Market Size, By End-Use Industry, 2015-2022 (USD Million)
Table 70 Brazil: Acoustic Insulations Market Size, By End-Use Industry, 2015-2022 (Kiloton)
Table 71 Brazil: Market Size, By End-Use Industry, 2015-2022 (USD Million)
Table 72 Argentina: Acoustic Insulation Market Size, By End-Use Industry, 2015-2022 (Kiloton)
Table 73 Argentina: Market Size, By End-Use Industry, 2015-2022 (USD Million)
Table 74 Rest of South America: Acoustic Insulation Market Size, By End-Use Industry, 2015-2022 (Kiloton)
Table 75 Rest of South America: Market Size, By End-Use Industry, 2015-2022 (USD Million)

List of Figures
Figure 1 Acoustic Insulation Market Segmentation
Figure 2 Acoustic Insulations Market: Research Methodology
Figure 3 Market Size Estimation: Bottom-Up Approach
Figure 4 Market Size Estimation: Top-Down Approach
Figure 5 Acoustic Insulations Market: Data Triangulation
Figure 6 Research Assumptions
Figure 7 Rock Wool to Account for the Largest Share in Acoustic Insulations Market, During the Forecast Period
Figure 8 Transportation Industry to Register the Highest CAGR During Forecast Period
Figure 9 India to Witness Fastest Growth During Forecast Period
Figure 10 Europe to Lead the Acoustic Insulations Market in Terms of Value, in 2016
Figure 11 Acoustic Insulations Market to Witness High CAGR Between 2017 and 2022
Figure 12 Transportation to Register the Highest CAGR During Forecast Period
Figure 13 Germany Accounted for the Largest Market Share in 2016
Figure 14 Building & Construction Accounted for the Largest Market Share in 2016
Figure 15 Asia-Pacific to Be the Fastest-Growing Market Between 2017 and 2022
Figure 16 Drivers, Restraints, Opportunities, and Challenges in Acoustic Insulation Market
Figure 17 European Construction Industry
Figure 18 Porter’s Five Forces Analysis
Figure 19 Rock Wool Dominates Acoustic Insulations Market
Figure 20 Acoustic Insulation Market in Building & Construction Segment to Grow Rapidly Between 2017 and 2022
Figure 21 GDP Contribution to Construction Industry
Figure 22 India Emerging as the New Hotspot in the Global Market, 2017-2022
Figure 23 Building & Construction Industry to Drive the Market Between 2017 and 2022
Figure 24 Germany to Continue Leading the Acoustic Insulations Market in Europe, 2017-2022
Figure 25 Building & Construction Industry to Drive the Market Between 2017 and 2022
Figure 26 China to Be the Leading Acoustic Insulation Market in Asia-Pacific, 2017-2022
Figure 27 Market Ranking of Key Players-2016
Figure 28 Saint-Gobain: Company Snapshot
Figure 29 Rockwool International: Company Snapshot
Figure 30 Owens Corning: Company Snapshot
Figure 31 Paroc Group: Company Snapshot
Figure 32 Kingspan Group: Company Snapshot
Figure 33 Armacell International: Company Snapshot
Figure 34 BASF: Company Snapshot

Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • 3M
  • BASF
  • Fletcher Insulation
  • Hush Acoustics
  • Kingspan Group
  • Optima
  • MORE

The global acoustic insulation market is estimated to reach USD 15.01 Billion by 2022 from USD 11.34 Billion in 2017, at a CAGR of 5.8% from 2017 to 2022. The acoustic insulation market has witnessed significant growth in the recent years, due to the excellent properties of acoustic insulation, such as high density, excellent sound absorption, fire resistance, heat insulation, moisture & water repellence, easy installation, and no maintenance. The market is driven by the increasing number of developments in the building & construction and transportation end-use industries. The rising demand for acoustic insulation is backed by the increasing government norms against noise pollution, rising standard of living, and increasing health awareness. All these factors drive the global acoustic insulation market.

The main types of acoustic insulation are glass wool, rock wool, foamed plastics. Based on type, the rock wool based acoustic insulation segment is projected to grow at the highest CAGR during the forecast period, in terms of volume, between 2017 and 2022. The market for rock wool is majorly driven by the properties of the material such as high density, excellent sound absorption, fire resistance, heat insulation, and moisture & water repellence. In addition, they are manufactured in various densities and thickness to suit most requirements.

Acoustic insulation is used in various end-use industries such as building & construction, transportation, and manufacturing & processing. Among end-use industries, the building & construction industry segment is projected to lead the acoustic insulation market during the forecast period. Building & construction is the largest end-use industry of acoustic insulation worldwide. Building codes and regulations, construction of new buildings, population growth, energy costs, and sustainability are some of the drivers for the acoustic insulation market. Stringent governmental norms for reducing noise pollution and improving standards of living are also among the major reasons which drive the market for acoustic insulation in building & construction.

North America, Europe, Asia Pacific, Middle East & Africa, and South America have been considered as the key markets for acoustic insulation in the report. Asia Pacific is expected to be the fastest growing acoustic insulation market owing to the increased demand from the building & construction industry. Rising demand for high-quality acoustic insulation products with superior sound absorption properties has significantly increased the growth of the region’s process industry, which consequently has triggered the demand for acoustic insulation. Building & construction and transportation are the top two end-use industries contributing to the growing demand for acoustic insulation in Asia Pacific.

Acoustic Insulation Market

The major restraint for the acoustic insulation market is the downfall in the building & construction industry, as it accounts for more than 50% of the total acoustic insulation market share. The residential and commercial construction sectors in some of the regions, mainly Europe, are still recovering from the economic crisis. This directly effects the acoustic insulation market and restricts its growth.

Saint-Gobain (France), Rockwool International (Denmark), Knauf Insulation (Germany), Johns Manville Inc. (US), and Owens Corning (US) are the key companies operational in the acoustic insulation market. Diverse product portfolio, strategically positioned R&D centers, continuous adoption of development strategies, and technological advancements strengthen the market position of these companies in the acoustic insulation market. Other major manufacturers of acoustic insulation are Paroc Group (Finland), Kingspan Group (Ireland), Armacell International (Germany), BASF (Germany), and Fletcher Insulation (Australia).

Note: Product cover images may vary from those shown
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  • 3M
  • Acoustic Insulation Manufacturing Limited
  • Acoustical Surfaces, Inc.
  • Armacell International
  • BASF
  • Cellecta Ltd.
  • DOW
  • Fletcher Insulation
  • Hodgson & Hodgson
  • Huntsman
  • Hush Acoustics
  • International Cellulose Corporation
  • Johns Manville
  • KCC Corporation
  • Kingspan Group
  • Knauf Insulation
  • Marves Industries
  • Optima
  • Owens Corning
  • Paroc Group
  • Rockwool International
  • Saint-Gobain
  • Trelleborg
  • Trocellen
  • Ursa Insulation
Note: Product cover images may vary from those shown
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