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Acoustic Insulation Market by Type, End-Use Industry, and Region
MarketsandMarkets™ Presents Acoustic Insulation Market by Type, End-Use Industry, and Region 2/28/2023 Kailas Suryawanshi
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Acoustic Insulation Market worth 15.01 Billion USD by 2022
The report "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", The global acoustic insulation market is estimated to grow from USD Billion in 2017 to USD Billion by 2022, at a CAGR of 5.8% from 2017 to Globally, people are using acoustic insulation as it reduces noise pollution and provides a safer workplace environment in areas where noise could cause serious hearing damage, whilst improving personal comfort and privacy in working or home environment. Acoustic insulation is used owing to its unique set of properties such as high density, excellent sound absorption, fire resistance, heat insulation, moisture & water repellence, ease of installation, and no maintenance. These factors ultimately increase the demand for acoustic insulation globally. 2/28/2023 Kailas Suryawanshi
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127 pages and in-depth TOC on “Acoustic Insulation Market”
Acoustic Insulation Market worth Billion USD by 2022 Browse >> 75 data tables 34 figures 127 pages and in-depth TOC on “Acoustic Insulation Market” Early buyers will receive 10% customization on this report. This is a Premium Report Priced at US $5650 for single user. [127 Pages Report] Acoustic Insulation Market size was USD Billion in 2016 and is estimated to grow to USD Billion in 2022, at a CAGR of 5.8%, between 2017 and 2022. Report Price : Single User License : US $ 5650 Corporate User License : US $ 8650 2/28/2023 Kailas Suryawanshi
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Acoustic Insulation Market worth 15.01 Billion USD by 2022
Building & construction industry is estimated to lead the acoustic insulation market during the forecast period Among end-use industries, the building & construction industry segment is expected to lead the acoustic insulation market between 2017 and 2022, followed by the transportation industry. Because of the implementation of stringent environmental regulations regarding noise pollution, the designs of buildings have changed drastically over the past few decades. Governmental norms for reducing noise pollution and improving standards of living are the major reasons which drive the market for acoustic insulation in building & construction industry. Demand for these materials has increased in the building & construction sector due to their attributes such as low thermal conductivity, energy saving ability, sound control, reduction in greenhouse gas emission, and low cost. Some of the applications of acoustic insulation in buildings & construction industry are cinema halls, malls, recording theatre, auditoriums, stadiums, workplaces, pubs, and hospitals. 2/28/2023 Kailas Suryawanshi
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Acoustic Insulation Market worth 15.01 Billion USD by 2022
Glass wool acoustic insulation is estimated to lead the acoustic insulation market during the forecast period Acoustic insulation is mainly classified into glass wool, rock wool, foamed plastics, and others (aerogel and cellulose acetate). Among types, 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 The market for rock wool-based acoustic insulation 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. 2/28/2023 Kailas Suryawanshi
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Acoustic Insulation Market worth 15.01 Billion USD by 2022
Europe is expected to dominate the acoustic insulation market during the forecast period Europe dominated the acoustic insulation market in 2016, in terms of volume, followed by Asia Pacific and North America. Developed regions, such as Europe and North America, are relatively mature markets than Asia Pacific, the Middle East & Africa, and South America. The Asia Pacific acoustic insulation market is projected to witness the highest growth rate, in terms of volume, between 2017 and The market in this region is experiencing an increased demand for acoustic insulation from the building & construction, transportation, manufacturing & processing, and other sectors. In Asia Pacific, India is estimated to be the fastest-growing acoustic insulation market during the forecast period. 2/28/2023 Kailas Suryawanshi
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Purchase a Copy of this Report Today !
Acoustic Insulation Market worth Billion USD by 2022 Major players in the global acoustic insulation market 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 (Germany), and Fletcher Insulation (Australia). Purchase a Copy of this Report Today ! 2/28/2023 Kailas Suryawanshi
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Acoustic Insulation Market worth 15.01 Billion USD by 2022
MARKET LEADER Increasing industrial advancements, technological advancements, and demand for efficient products with excellent sound absorption properties have led various end-use industries to focus on acoustic insulation, thus leading to a rise in its demand. It is widely used in both building & construction and transportation industry (auditoriums, class rooms, media labs, conference halls, lounge & bars, recording studios, disco party halls, door trim panels, door hole seals, vehicle pillars, instrument panels, parcel trays, vehicle trunk, and so on). The global acoustic insulation market is projected to reach USD billion by 2022, registering a CAGR of 5.8% between 2017 and The increasing demand in transportation segment is owing to the soundproofing provided by acoustic insulation against installed sound systems, engines, other machinery sounds, and external noise. However, the lack of proper disposing and recycling techniques is the key challenges faced by the manufacturers of acoustic insulation. 2/28/2023 Kailas Suryawanshi
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Acoustic Insulation Market worth 15.01 Billion USD by 2022
Key companies profiled in this 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 (Germany), and Fletcher Insulation (Australia). Rapid technological upgrades in the building & construction industry, coupled with improving standard of living of consumers in developing regions, have encouraged the companies to adopt several business strategies to stay competitive in the global market between 2014 and Leading companies have adopted acquisitions, joint venture, agreements, new product launches, and regional expansions as their key growth strategies in the global acoustic insulation market. 2/28/2023 Kailas Suryawanshi
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Acoustic Insulation Market worth 15.01 Billion USD by 2022
Saint-Gobain is the leading construction product manufacturing company which designs, produces, and markets building construction materials. The company offers solutions for the major challenges of energy efficiency and environmental protection. The company follows strategies such as expansions and acquisitions to increase its global market share. In June 2016, the company increased its previously acquired share (from 74.9% to 100%) of its subsidiary, ISOROC (Russia), a producer of heat and acoustic insulation. The plant's capacity exceeds 100,000 tons/year. This development will help the company increase its revenue from the region. 2/28/2023 Kailas Suryawanshi
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Acoustic Insulation Market worth 15.01 Billion USD by 2022
Rockwool International A/S develops and manufactures products and systems based on rock wool. It focuses on building-related products for the insulation industry such as acoustic ceilings and cladding boards. The company mainly follows strategies such as new product launches and expansions to increase its services for the current customer base and optimize its production network. In June 2016, the company started its new production line in Cigacice (Poland), with an investment of USD 89 million. This development will enable the company to increase its production efficiency and improve its product quality with the latest technology installed. 2/28/2023 Kailas Suryawanshi
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Acoustic Insulation Market worth 15.01 Billion USD by 2022
KEY REVENUE POCKETS Acoustic insulation mainly reduces noise pollution and provides a safer workplace environment in areas where noise could cause serious hearing damage, whilst improving personal comfort and privacy in working or home environment. This report estimates the market size for acoustic insulation on the basis of end-use industry, type, and region. The global acoustic insulation market is projected to reach USD billion by 2022, at a CAGR of 5.8% between 2017 and The demand for acoustic insulation is primarily driven by stringent regulatory environment and its increasing demand in developing nations. However, the slowdown in the European construction industry is a major restraint for this market. 2/28/2023 Kailas Suryawanshi
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Acoustic Insulation Market worth 15.01 Billion USD by 2022
Europe dominated the acoustic insulation market in 2016, in terms of volume, followed by Asia Pacific and North America. Developed regions, such as Europe and North America, are relatively mature markets than Asia Pacific, the Middle East & Africa, and South America. The Asia Pacific acoustic insulation market is projected to witness the highest growth rate, in terms of volume, between 2017 and The market in this region is experiencing an increased demand for acoustic insulation from the building & construction, transportation, manufacturing & processing, and other sectors. In Asia Pacific, India is estimated to be the fastest-growing acoustic insulation market during the forecast period. 2/28/2023 Kailas Suryawanshi
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Acoustic Insulation Market worth 15.01 Billion USD by 2022
Acoustic insulation is mainly classified into glass wool, rock wool, foamed plastics, and others (aerogel and cellulose acetate). 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 The market for rock wool-based acoustic insulation is majorly driven by the properties of the material such as high density, excellent sound absorption, fire resistant, heat insulation, and moisture & water repellence. In addition, they are manufactured in various densities and thickness to suit most requirements. 2/28/2023 Kailas Suryawanshi
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Acoustic Insulation Market worth 15.01 Billion USD by 2022
Based on the end-use industry, transportation is expected to be the fastest-growing segment in the acoustic insulation market. The high growth rate is driven by the increasing demand from emerging economies such as Japan and China. It can also be attributed to the growing construction and automotive industries in the developing countries of Asia Pacific. The rise in standard of living has triggered the demand for acoustic insulation from the building & construction industry, which has positively influenced the growth of the acoustic insulation market in the region. In addition, increasing adoption of acoustic insulation in various applications provides lucrative opportunities for the market players to increase their competitiveness in the acoustic insulation market. 2/28/2023 Kailas Suryawanshi
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Contact Us Mr. Shelly Singh MarketsandMarkets™ INC Dundee Road Suite 430 Northbrook, IL USA: 2/28/2023 Kailas Suryawanshi
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Thank You ! 2/28/2023 Kailas Suryawanshi
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