Acoustic Insulation Market Trends, Opportunities, Key Segmentation, Regional Growth, Leading Companies, and Forecast to 2029

September 11 20:32 2024
Acoustic Insulation Market Trends, Opportunities, Key Segmentation, Regional Growth, Leading Companies, and Forecast to 2029
Browse 263 market data Tables and 48 Figures spread through 238 Pages and in-depth TOC on “Acoustic Insulation Market”
The acoustic insulation market is poised for robust growth, driven by increasing noise pollution and rising awareness of soundproofing benefits. Future expansion is expected in residential and commercial sectors, with significant growth in North America and Europe.

The acoustic insulation market is projected to reach USD 20.4 billion by 2029, at a CAGR of 4.8% from USD 16.2 billion in 2024. The acoustic insulation market is influenced by rising urbanization, and infrastructural development, rising concern for health issues due to noise pollution, and reinforced building codes and standards. Due to increasing population of cities and increasing constructions of buildings and infrastructures, the need for efficient sound barrier increases. Density increases the noise levels in these areas and the commercial activities create the need for better comfort and noise barriers. Moreover, increasing the consideration for the health effects of noise pollution which include stress, sleep disruption, and hearing impairment also stimulates the market. Pressure from the public and regulatory bodies regarding such health concerns necessitates the installation of sound proofing measures to foster healthy living and work environments. Regulations and codes are also critical in controlling and reducing noise pollution since they set certain acceptable levels of noise for new and existing construction projects.

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The key global players in the acoustic insulation industry are Saint-Gobain (France), Knauf Insulation (US), Armacell (Germany), SOPREMA (France), ROCKWOOL A/S (Denmark), Huntsman International LLC (US), Owens Corning (US), Kingspan Group (Ireland), BASF SE (Germany), and Johns Manville (US) among others. These companies are strong in their home regions and explore geographic diversification alternatives to grow their businesses. They focus on increasing their market shares through new product launches and other expansions.

Armacell

Armacell is one of the leading manufacturers and marketers of foam insulation. It is the successor company of the former insulation division of Armstrong World Industries. The company operates through two main business segments—advanced insulations and engineered foams. It offers insulation materials for technical equipment, high-performance foams for high-tech and lightweight applications, and next generation aerogel blanket technology under its advanced insulation business segment. It provides acoustic insulation solutions for various end-use industries, including HVAC, cryogenics, and oil & gas through the advanced insulation segment. The company offers acoustic insulation under the brands Armacomfort, and ArmaSound. The company holds over 300+ patents and has 25 manufacturing facilities, with 3,372 employees. The company has manufacturing plants in China, Thailand, South Korea, Germany, India, South Korea, Australia, Belgium, Brazil, Poland, Great Britain, and Saudi Arabia.

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ROCKWOOL A/S

ROCKWOOL A/S is also known as Rockwool Group. It is one of the top global manufacturers and marketers of high-performing and sustainable insulation products. The company has organized its operations through two business segments: insulation and system. The insulation segment provides products for buildings, marine, industrial, and offshore insulation, whereas the system segment includes solutions for acoustic ceilings and wall systems, external cladding systems, horticultural substrate solutions, engineered fibres solutions, and noise & vibration control. It provides acoustic insulation under the brands, Comfortbatt, Rockfon, Rockwool thermal rock and others. Rockwool has its presence in 39 countries and consist of 45 manufacturing sites. The company has its major presence in Europe, North America and Asia Pacific.

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