Cover Image
Market Research Report

Acoustic Insulation Market - Growth, Trends, and Forecast (2019 - 2024)

Published by Mordor Intelligence LLP Product code 392012
Published Content info 110 Pages
Delivery time: 2-3 business days
Price
Back to Top
Acoustic Insulation Market - Growth, Trends, and Forecast (2019 - 2024)
Published: April 1, 2019 Content info: 110 Pages
Description

Market Overview

The global acoustic insulation market is expected to grow at a CAGR of over 5% during the forecast period of 2019 - 2024. The major factors driving the market studied include growing interest of consumers for acoustic insulation for commercial and residential purposes. Stagnant industrial growth in the developed countries is expected to significantly hinder the growth of the market studied.

  • Asia-Pacific is expected to dominate the global market during the forecast period.
  • Demand for aesthetic prospects and fire-resistant properties for acoustic insulation is likely to act as an opportunity in the future.

Key Market Trends

Growing Demand from Automotive Industry

  • The use of acoustic insulation in the automotive industry is to decrease or eliminate the effects of exterior noise caused by the vehicle, primarily the noise from the engine; exhaust; and tire.
  • Further, automotive insulations have developed high performance lightweight acoustic and thermal solutions to reduce the overall component weight of the vehicle.
  • This, in turn, keeps the vehicle in line with the current refinement standards whilst significantly reducing the weight of the insulation system as a whole.
  • This not only reduce the noise, but also provides mold, mildew, and moisture resistance, efficient assembly, and manufacturing support.
  • Plastic foams, especially polyester and polypropylene blend materials are usually used in the insulation system of the vehicle.
  • Furthermore, the global automotive production growth is likely to propel the market for the acoustic insulation from automotive industry over the forecast period.

China to Dominate the Demand in Asia-Pacific Region

  • China is the largest economy in the entire Asia-Pacific, in terms of GDP. The growth in the country remains high, but is gradually diminishing, as the population is aging, and the economy is rebalancing from investment to consumption, manufacturing to services, and external to internal demand.
  • The first year of China's 13th Five Year Plan (2016), was an important year for the country's engineering, procurement, and construction (EPC) industry, as it ventured into new business models, both domestically and internationally.
  • The construction sector had slowed down after 2013, but is still a major contributor to the GDP of China. In 2018, China's construction industry developed rapidly, due to the central government's push for infrastructure investment, as a mean to sustain economic growth.
  • Despite the volatile growth in the real estate sector, the significant development of rail and road infrastructure by the Chinese government, in order to withstand the growing industrial and service sectors, has resulted in a significant growth of the Chinese construction industry in the recent years. As the construction industry is dominated by state-owned enterprises, the increased government spending is boosting the industry in the country.
  • Furthermore, countries such as India and Japan have also been contributing to the growth of the market studied. This is expected to further drive the demand for acoustic insulation market over the forecast period.

Competitive Landscape

The global acoustic insulation market is partially consolidated in nature. Some of the major players of the market studied include Saint-Gobain Group, BASF SE, ROCKWOOL, and Owens Corning among others.

Reasons to Purchase this report:

  • The market estimate (ME) sheet in Excel format
  • Report customization as per the client's requirements
  • 3 months of analyst support
Table of Contents
Product Code: 46492

Table of Contents

1 INTRODUCTION

  • 1.1 Study Deliverables
  • 1.2 Study Assumptions
  • 1.3 Scope of the Study

2 RESEARCH METHODOLOGY

3 EXECUTIVE SUMMARY

4 MARKET DYNAMICS

  • 4.1 Drivers
    • 4.1.1 Government Regulations for Controlling Noise Pollution and Energy-efficient Buildings
    • 4.1.2 Growing Interest of Consumers for Acoustic Insulation for Commercial and Residential Purposes
  • 4.2 Restraints
    • 4.2.1 Stagnant Industrial Growth in the Developed Countries
    • 4.2.2 Other Restraints
  • 4.3 Industry Value-Chain Analysis
  • 4.4 Porters 5 Force Analysis
    • 4.4.1 Bargaining Power of Suppliers
    • 4.4.2 Bargaining Power of Consumers
    • 4.4.3 Threat of New Entrants
    • 4.4.4 Threat of Substitute Products and Services
    • 4.4.5 Degree of Competition

5 MARKET SEGMENTATION

  • 5.1 Type
    • 5.1.1 Mineral Wool
    • 5.1.2 Recycled Products
    • 5.1.3 Plastic Foams
    • 5.1.4 Natural
  • 5.2 End-user Industry
    • 5.2.1 Residential Construction
    • 5.2.2 Commercial Construction
    • 5.2.3 Automotive
    • 5.2.4 Aerospace & Defense
    • 5.2.5 Other End-user Industries
  • 5.3 Geography
    • 5.3.1 Asia-Pacific
      • 5.3.1.1 China
      • 5.3.1.2 India
      • 5.3.1.3 Japan
      • 5.3.1.4 South Korea
      • 5.3.1.5 Rest of Asia-Pacific
    • 5.3.2 North America
      • 5.3.2.1 United States
      • 5.3.2.2 Canada
      • 5.3.2.3 Mexico
    • 5.3.3 Europe
      • 5.3.3.1 Germany
      • 5.3.3.2 United Kingdom
      • 5.3.3.3 Italy
      • 5.3.3.4 France
      • 5.3.3.5 Rest of Europe
    • 5.3.4 South America
      • 5.3.4.1 Brazil
      • 5.3.4.2 Argentina
      • 5.3.4.3 Rest of South America
    • 5.3.5 Middle East & Africa
      • 5.3.5.1 Saudi Arabia
      • 5.3.5.2 South Africa
      • 5.3.5.3 Rest of Middle East & Africa

6 COMPETITIVE LANDSCAPE

  • 6.1 Mergers & Acquisitions, Joint Ventures, Collaborations, and Agreements
  • 6.2 Market Share Analysis**
  • 6.3 Strategies Adopted by Leading Players
  • 6.4 Company Profiles
    • 6.4.1 Armacell International S.A.
    • 6.4.2 BASF SE
    • 6.4.3 Cabot Corporation
    • 6.4.4 CSR Building Products Ltd
    • 6.4.5 Dynamic Composite Technologies
    • 6.4.6 Johns Manville
    • 6.4.7 Kingspan Group
    • 6.4.8 Knauf Insulation
    • 6.4.9 LANXESS
    • 6.4.10 Owens Corning
    • 6.4.11 ROCKWOOL International A/S
    • 6.4.12 Saint-Gobain Group
    • 6.4.13 URSA Insulation, S.A (Xella Group)
    • 6.4.14 Zeon Kasei Co., Ltd

7 MARKET OPPORTUNITIES AND FUTURE TRENDS

  • 7.1 Demand for Aesthetic Prospects and Fire-resistant Properties for Acoustic Insulation
  • 7.2 Increasing Usage of Stainless Steel Wool for Sound Dampening
Back to Top