The global acoustic insulation market is growing significantly owing to increasing demand for effective noise control solutions across various end-use industries such as construction, automotive, aerospace, and manufacturing. Acoustic insulation materials like stone wool, glass wool, plastic foams, and others provide thermal insulation along with absorbing and reflecting sound to reduce noise levels. They enhance indoor ambience and save HVAC costs by boosting a building’s energy efficiency. Their growing usage in automotive under-hood applications, electric vehicles, interior cabin linings, and aircraft to achieve weight reduction while optimizing noise, vibration, and harshness (NVH) levels is also propelling the market growth.
The Global Acoustic Insulation Market Is Estimated To Be Valued At US$ 16.7 Bn In 2024 And Is Expected To Exhibit A CAGR Of 4.1% Over The Forecast Period 2024 To 2031
Acoustic insulation helps enhance work environments by reducing harmful noise levels caused by machinery, equipment, transportation, construction work, and infrastructure activities. Strict noise control regulations worldwide are positively impacting the demand for advanced acoustic materials to ensure workplace safety and environmental well-being.
Key Takeaways
Key players operating in the Global Acoustic Insulation Market are Gates Industrial Corporation plc, Owens Corning, Rockwool International, Compagnie de Saint-Gobain S.A., Armacell International S.A., BASF, Kingspan Group plc, Fletcher Insulation, CellectaLtd., International Cellulose Corporation, Johns Manville, Hush Acoustics, Siderise, Arabian Fiberglass Insulation Company Ltd., L’Isolante K-Flex S.p.A., Dynamic Wool Tex, Alaska PUF Industries, Shri Radhika Nonwoven Private Limited, Insulapack, Unidus India, SOPREMA.
The various industries especially in the construction sector is fueling Global Acoustic Insulation Market Growth. Rapid infrastructure development and urbanization in emerging nations are generating huge prospects. Also, expanding automotive, aerospace, industrial machinery manufacturing industries are majorly contributing to market development.
Geographically, the market is witnessing increased expansion opportunities across North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. Rising noise pollution levels, strict regulations, and construction of green buildings in developing countries are broadening the global outreach of acoustic insulation solutions.
Market key trends
Increased usage of nanogel-infused glass wool and stone wool Global Acoustic Insulation Market Challenges And Opportunities is a key trend being observed. Their exceptional acoustic damping and thermal insulation properties combined with lightweight and biodegradable characteristics boost their popularity. Furthermore, growing preference for eco-friendly insulators made from recyclable materials like hemp, linen, and cork is trending in the market due to sustainability factors.
Porter’s Analysis
Threat of new entrants: Low capital requirements and established brand names create barriers for new companies entering the market.
Bargaining power of buyers: Acoustic insulation is a necessary component across industries like automotive, construction and aerospace which gives buyers some bargaining power.
Bargaining power of suppliers: Major players have established global supply chains for raw materials which reduces suppliers’ bargaining power.
Threat of new substitutes: No cost-effective substitutes for acoustic insulation exist currently which lessens threat from new substitutes.
Competitive rivalry: Presence of many global and regional players results in intense competition.
Geographical Regions
Europe currently holds the largest share of the global acoustic insulation market in terms value owing to high demand from automotive and construction industries. Stringent regulations regarding noise pollution in the EU further drives the market.
Asia Pacific region is expected to grow at the fastest CAGR during the forecast period due to rapid industrialization and infrastructure development activities in countries like China and India. Increasing disposable income and growing automotive production also supports the market expansion.
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*Note:
1. Source: Coherent Market Insights, Public sources, Desk research
2. We have leveraged AI tools to mine information and compile it
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