Market Research Report
Building Vibration Isolation Market Size By Material, By Form, By Applications, By End-Use, Industry Analysis Report, Regional Outlook, Application Potential, Price Trends, Competitive Market Share & Forecast, 2020 - 2026
|Published by||Global Market Insights Inc.||Product code||950605|
|Published||Content info||645 Pages
Delivery time: 2-3 business days
|Building Vibration Isolation Market Size By Material, By Form, By Applications, By End-Use, Industry Analysis Report, Regional Outlook, Application Potential, Price Trends, Competitive Market Share & Forecast, 2020 - 2026|
|Published: July 14, 2020||Content info: 645 Pages||
Building Vibration Isolation Market Size By Material (Cork & Natural Rubber Engineered Compound, Resin Bonded Cork & Recycled Rubber, Resin Bonded Recycled Rubber, Virgin Polyurethane), By Form (Mats/Pads, Blocks, Module), By Applications (Floating Floor, Box-in-box, Two Tier Construction, Building Bearing, Elastic Bearing of Stairs And Landings, Separation of Individual Building Parts), By End-Use (Residential, Commercial, Industrial), Industry Analysis Report, Regional Outlook, Application Potential, Price Trends, Competitive Market Share & Forecast, 2020 - 2026.
The building vibration isolation market is slated to register tremendous growth over the forthcoming years. Numerous buildings are typically erected on soil foundation that is adversely affected by vibrations, which can cause disruptive noises that can spread through buildings, noises such as the ones created from footfall noise.
This is creating momentous demand for products as well as that effectively reduce vibrations while increasing the overall value of the property at the same time. These solutions offer benefits such as less noise and fewer vibrations, less structure-borne, footfall, and airborne noise, building provides better work conditions and a better quality of life, and elevate property values.
The solutions also record more use in densely populated areas that are packed with infrastructure. In fact, vibration control solutions are utilized to support building structures and buildings to offer protection from ground-borne low frequency noise as well as vibration caused by external sources like underground railways.
The building vibration isolation industry is bifurcated into material, form, application, end-use, and regional landscape.
In terms of material, the market is divided into cork & natural rubber engineered compound, virgin polyurethane, resin bonded recycled rubber, resin bonded cork & recycled rubber, and others. The cork & natural rubber engineered compound material segment was the largest segment in 2019 and is projected to show similar growth trends through the forecast time period. The segment held a share of over 40% in 2019 and shall exhibit a CAGR of more than 5.2% over the forecast timeframe.
Resin bonded cork & recycled rubber segment held 15% of market share in 2019 and is projected to grow at the CAGR of 5.1% through the analysis period. The resin bonded recycled rubber segment is the expected to emerge as the fastest growing segment that would record a CAGR of more than 5.5% through the projected time period.
The virgin polyurethane segment accounted for around 9% of industry share of the overall market and is likely to grow at the CAGR of over 5.5% through the projected time period. The other segment held a market share of more than 7% and is slated to grow at an immense CAGR of 6% over the forecast timeframe.
With respect to application the market is divided into box-in-box, floating floor, building bearing, two tier construction, separation of individual building parts, elastic bearing of stairs and landings, and others.
The floating floor segment accounted for the largest industry share of more than 50% of the overall market. Incorporating floating floor solution for vibration or noise isolation is typically considered far more cost efficient than the required rise in weight and size of concrete or steel needed to stiffen a structure suitably. The box-in-box segment is likely to grow at the CAGR 5.3% over the analysis timeframe.
The two tier construction segment accounted for around 4% of the overall market and is projected to grow at the CAGR of 4.7% through the forecast time period. The building bearing segment is the fastest growing application, followed by floating floor segment, and is set to grow significantly over the coming time.
The elastic bearing of stairs and landings segments is slated to grow at an impressive CAGR of 5.2% through the analysis period and the separation of individual building parts segment is expected to register a CAGR of 5.3% over the projected time period, respectively. The others segment is expected to grow moderately with a CAGR of 3.6% over the forecast period.
When it comes to end-use, the market is classified into residential, commercial, and industrial. The residential sector accounted for 20% of market share and is anticipated to grow at an impressive CAGR of more than 5.1% through the analysis period.
The commercial segment dominated the global market, accounting for 44% of market share and is likely to grow at CAGR of 5.4% through the forecast period of time. The industrial segment represented a market share of over 36% and is projected to grow at 5.2% CAGR over the analysis period.
From a regional perspective, North America building vibration isolation industry is projected to grow at a CARG of 5.2% over the analysis period. Europe held a market share of over 30% and is likely to grow at 5.1% CAGR through the slated time period.
The Asia Pacific building vibration isolation market is expected to grow at the highest CAGR of 5.8% over the coming timeframe. The Latin America market accounted for a market share of approximately 6% in 2019 and is forecast to grow at a respectable CAGR of approximately 4.8% during the analysis period.
The Middle East & Africa building vibration isolation market will showcase significant growth owing to growing concern about structure-borne noise and vibration in several places.