Global Acoustic Insulation Market: Overview

Acoustic insulation can be defined as the science of reducing noise pollution. This reduction can be between rooms in a building, open spaces in factories, public spaces, or even in the transport sector. Acoustic insulation is achieved by installing the necessary materials inside floors, walls, and ceilings to reduce the transfer of airborne sound. Acoustic insulation is a relatively new concept in the construction industry, prompted by the increase in noise-related health issues among the population.

Of late, noise pollution has increased significantly, especially in developing countries, wherein the population as well as the density of population is high. Rise in noise pollution has led to health problems such as hearing impairment, hypertension, heart disease, annoyance, and sleep disturbance among the population. In recognition of this problem, governments have enacted legislation to control the level of noise in buildings and industrial facilities. They are focusing on creating silent zones near hospitals, schools, and other such sensitive locations. There has been an increase in health awareness along with the rise in standard of living of the people. People realize the benefits of using noise insulation materials. These are the key factors driving the acoustic insulation market.

On the other hand, high cost of installation is a major factor hampering the acoustic insulation market. Integration of acoustic insulation in infrastructure requires technologically advanced knowledge and expertise, which is not easily available. Similarly, disposability issue associated with acoustic insulation materials is another factor adversely affecting the acoustic insulation market. This issue has become increasingly important in the face of the need to adopt environment-friendly practices.

Global Acoustic Insulation Market: Key Segments

The global acoustic insulation market can be segmented based on material, end-user industry, and region.

In terms of material, the acoustic insulation market can be divided into glass wool, stone wool, foamed plastic, and fabric soundproofing materials. Foamed plastic is the leading material used for acoustic insulation due to its lower price. Stone wool and glass wool are also equally popular acoustic insulation materials.

Based on end-user industry, the acoustic insulation market can be segregated into building & construction, transport, and industrial/HVAC & OEM. In terms of demand, the building & construction segment is estimated to account for major share of the acoustic insulation market during the forecast period, primarily due to the high of volume of construction. Transport and the industrial/HVAC & OEM segments are likely to constitute similar shares of the market during the forecast period. However, the transport segment is relatively new and expected to expand at a faster pace.

Based on region, the acoustic insulation market can be split into North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. Asia Pacific and Europe are expected to hold key share of the market during the forecast period owing to their higher density of population.

Global Acoustic Insulation Market: Key Players

Prominent players operating in the acoustic insulation market include DuPont Inc., Rockwool Group, Knauf Insulation, Johns Manville Corporation, and 3M. 

This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers' or customers' journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.

Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:

  • Customer Experience Maps
  • Insights and Tools based on data-driven research
  • Actionable Results to meet all the business priorities
  • Strategic Frameworks to boost the growth journey

The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.

The following regional segments are covered comprehensively:

  • North America
  • Asia Pacific
  • Europe
  • Latin America
  • The Middle East and Africa

The EIRS quadrant framework in the report sums up our wide spectrum of data-driven research and advisory for CXOs to help them make better decisions for their businesses and stay as leaders.

Below is a snapshot of these quadrants.

1. Customer Experience Map

The study offers an in-depth assessment of various customers’ journeys pertinent to the market and its segments. It offers various customer impressions about the products and service use. The analysis takes a closer look at their pain points and fears across various customer touchpoints. The consultation and business intelligence solutions will help interested stakeholders, including CXOs, define customer experience maps tailored to their needs. This will help them aim at boosting customer engagement with their brands.

2. Insights and Tools

The various insights in the study are based on elaborate cycles of primary and secondary research the analysts engage with during the course of research. The analysts and expert advisors at TMR adopt industry-wide, quantitative customer insights tools and market projection methodologies to arrive at results, which makes them reliable. The study not just offers estimations and projections, but also an uncluttered evaluation of these figures on the market dynamics. These insights merge data-driven research framework with qualitative consultations for business owners, CXOs, policy makers, and investors. The insights will also help their customers overcome their fears.

3. Actionable Results

The findings presented in this study by TMR are an indispensable guide for meeting all business priorities, including mission-critical ones. The results when implemented have shown tangible benefits to business stakeholders and industry entities to boost their performance. The results are tailored to fit the individual strategic framework. The study also illustrates some of the recent case studies on solving various problems by companies they faced in their consolidation journey.

4. Strategic Frameworks

The study equips businesses and anyone interested in the market to frame broad strategic frameworks. This has become more important than ever, given the current uncertainty due to COVID-19. The study deliberates on consultations to overcome various such past disruptions and foresees new ones to boost the preparedness. The frameworks help businesses plan their strategic alignments for recovery from such disruptive trends. Further, analysts at TMR helps you break down the complex scenario and bring resiliency in uncertain times.

The report sheds light on various aspects and answers pertinent questions on the market. Some of the important ones are:

1. What can be the best investment choices for venturing into new product and service lines?

2. What value propositions should businesses aim at while making new research and development funding?

3. Which regulations will be most helpful for stakeholders to boost their supply chain network?

4. Which regions might see the demand maturing in certain segments in near future?

5. What are the some of the best cost optimization strategies with vendors that some well-entrenched players have gained success with?

6. Which are the key perspectives that the C-suite are leveraging to move businesses to new growth trajectory?

7. Which government regulations might challenge the status of key regional markets?

8. How will the emerging political and economic scenario affect opportunities in key growth areas?

9. What are some of the value-grab opportunities in various segments?

10. What will be the barrier to entry for new players in the market?

Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.

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