Acoustic Insulation material Market Growth By Regional Analysis (America, Europe, Asia Pacific, and Middle East & Africa) Growth Opportunity and Industry Forecast 2023-2030 (Recession Impact Analysis)
ID : MRU_
114974 | Date :
Feb, 2023 | Pages :
186 | Region : Global |
Publisher : Ri research
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 work by two processes: absorption of sound energy, which dissipates sound as heat energy, and reflection, which reflects noise away from a location where quieting is desired. Acoustic insulation materials have been widely used in residential buildings and commercial buildings. Also, some industries, such as automobile industry, aircraft industry, need the materials as well. Among those application fields, commercial building is the largest consumer, with 37.69% consumption share in 2015.
Acoustic insulation materials can be made into various shapes, such as boards, blankets, etc. However, when considering their essence, mineral wool, fiberglass and foamed plastics are the key components of those acoustic insulation materials. Mineral wool type is the most widely used one, which accounted for about 35.57% in the global consumption market.
Europe and USA are the major production bases of acoustic insulation material. Europe keeps its No.1 place in the global production market in recent years. In 2015, Europe supplied 27930 K Sq.m. acoustic insulation materials to the market.
As for consumption, Europe is the largest consumer undoubtedly. Global consumption volume of acoustic insulation material was 81056 K Sq.m. in 2015, while Europe consumed about 25935 K Sq.m. acoustic insulation materials. USA is the follower of Europe, whose consumption volume was 15451 K Sq.m. in 2015.
As more and more higher requirements on comfort and noise control, market participants are optimistic on the acoustic insulation material future market. It is estimated that global acoustic insulation material market will keep increasing with the CAGR of 4.18% in the coming five years. Also, with intensified competition in the industry, acoustic insulation material manufacturers will keep to supply novel acoustic insulation materials with lower prices.
The report offers detailed coverage of Acoustic Insulation material industry and main market trends. The market research includes historical and forecast market data, demand, application details, price trends, and company shares of the leading Acoustic Insulation material by geography. The report splits the market size, by volume and value, on the basis of application type and geography.
The report forecast global Acoustic Insulation material market to grow to reach xxx Million USD in 2023 with a CAGR of xx% during the period 2023-2030.
First, this report covers the present status and the future prospects of the global Acoustic Insulation material market for 2018-2030.
And in this report, we analyze global market from 5 geographies: Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia], Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland], North America[United States, Canada, Mexico], Middle East & Africa[GCC, North Africa, South Africa], South America[Brazil, Argentina, Columbia, Chile, Peru].
At the same time, we classify Acoustic Insulation material according to the type, application by geography. More importantly, the report includes major countries market based on the type and application.
Market Segment as follows: Market by Order Type
Mineral Wool Type
Fiberglass Type
Foamed Plastic Type
Others Market by Application
Residential Buildings
Commercial Buildings
Industrial
By Region
Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia]
Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland]
North America[United States, Canada, Mexico]
Middle East & Africa[GCC, North Africa, South Africa]
South America[Brazil, Argentina, Columbia, Chile, Peru]
The research provides answers to the following key questions:
• What is the estimated growth rate and market share and size of the Acoustic Insulation material market for the forecast period 2023 - 2030?
• What are the driving forces in the Acoustic Insulation material market for the forecast period 2023 - 2030?
• Who are the prominent market players and how have they gained a competitive edge over other competitors?
• What are the market trends influencing the progress of the Acoustic Insulation material industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the market hold for the prominent market players?
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