Global Building Acoustic Insulation Market Size study & Forecast, by Product (Glass Wool, Rock Wool, Foamed Plastic, Others) by Application (Residential, Non-residential) and Regional Analysis, 2023-2030
Global Building Acoustic Insulation Market is valued approximately USD 4.51 billion in 2022 and is anticipated to grow with a healthy growth rate of more than 5.3% over the forecast period 2023-2030. Building acoustic insulation is a process of incorporating materials and design elements into a building to reduce or control the transmission of sound. It helps to minimize noise transfer between different areas within a building and reduce the impact of external noise sources. The key factor driving the market growth is cohesive government regulations for controlling noise pollution, and the increasing interest of consumers in acoustic insulation for commercial and residential purposes is anticipated to support the market growth. Also, the growth in the construction industry, particularly in residential and commercial sectors, is driving the demand for building acoustic insulation. As more buildings are constructed, there is a greater need to control noise and improve acoustic comfort, leading to the adoption of acoustic insulation materials.
Moreover, the growing construction market plays a significant role in supporting the growth of the Building Acoustic Insulation market. As the construction industry experiences growth, there is a higher demand for residential, commercial, and industrial buildings. These structures require effective acoustic insulation to reduce noise transmission and improve occupant comfort. The need for acoustic insulation in walls, floors, ceilings, and HVAC systems increases with the rising construction activities. According to Statista, in 2020, the size of the global construction market is valued at USD 6.4 trillion and it is anticipated to reach USD 10.3 trillion by 2025. As a result, the growing construction industry is anticipated to support market growth. Additionally, increased infrastructural spending in emerging economies, and rising health issues associated with noise pollution are anticipated to create a lucrative opportunity for the market during the forecast period. However, the low awareness and high capital cost of acoustic insulation stifles market growth throughout the forecast period of 2023-2030.
The key regions considered for the Global Building Acoustic Insulation Market study includes Asia Pacific, North America, Europe, Latin America, and Middle East & Africa. Asia Pacific dominated the market in 2022 owing to continuous innovations and technological advancements, rising Infrastructural investments, and cohesive government initiatives. Whereas, North America is expected to grow with the highest CAGR during the forecast period, owing to factors such as the presence of key market players, supportive government policies, and growing residential construction in the region that are anticipated to support the market growth.
Major market player included in this report are:
Saint Gobain S.A.
Owens Corning
Rockwool A/S
Armacell
Kingspan Group
Knauf Insulation
BASF SE
Johns Manville
Fletcher Insulation
Cellecta Inc.
Recent Developments in the Market:
The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Product:
Glass Wool
Rock Wool
Foamed Plastic
Others
By Application:
Residential
Non-residential
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Middle East & Africa
Saudi Arabia
South Africa
Rest of Middle East & Africa
Moreover, the growing construction market plays a significant role in supporting the growth of the Building Acoustic Insulation market. As the construction industry experiences growth, there is a higher demand for residential, commercial, and industrial buildings. These structures require effective acoustic insulation to reduce noise transmission and improve occupant comfort. The need for acoustic insulation in walls, floors, ceilings, and HVAC systems increases with the rising construction activities. According to Statista, in 2020, the size of the global construction market is valued at USD 6.4 trillion and it is anticipated to reach USD 10.3 trillion by 2025. As a result, the growing construction industry is anticipated to support market growth. Additionally, increased infrastructural spending in emerging economies, and rising health issues associated with noise pollution are anticipated to create a lucrative opportunity for the market during the forecast period. However, the low awareness and high capital cost of acoustic insulation stifles market growth throughout the forecast period of 2023-2030.
The key regions considered for the Global Building Acoustic Insulation Market study includes Asia Pacific, North America, Europe, Latin America, and Middle East & Africa. Asia Pacific dominated the market in 2022 owing to continuous innovations and technological advancements, rising Infrastructural investments, and cohesive government initiatives. Whereas, North America is expected to grow with the highest CAGR during the forecast period, owing to factors such as the presence of key market players, supportive government policies, and growing residential construction in the region that are anticipated to support the market growth.
Major market player included in this report are:
Saint Gobain S.A.
Owens Corning
Rockwool A/S
Armacell
Kingspan Group
Knauf Insulation
BASF SE
Johns Manville
Fletcher Insulation
Cellecta Inc.
Recent Developments in the Market:
- In Jan. 2020, Sonex, a manufacturer and supplier of acoustic ceiling systems primarily known for its Sonex, Nexacustic, and Fiberwood trademarks, was bought by Saint-Gobain in Brazil. The group's position in Brazil was improved by the acquisition.
- Historical Data – 2020 - 2021
- Base Year for Estimation – 2022
- Forecast period - 2023-2030
- Report Coverage - Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
- Segments Covered – Product, Application, Region
- Regional Scope - North America; Europe; Asia Pacific; Latin America; Middle East & Africa
- Customization Scope - Free report customization (equivalent up to 8 analyst’s working hours) with purchase. Addition or alteration to country, regional & segment scope*
The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Product:
Glass Wool
Rock Wool
Foamed Plastic
Others
By Application:
Residential
Non-residential
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Middle East & Africa
Saudi Arabia
South Africa
Rest of Middle East & Africa
CHAPTER 1. EXECUTIVE SUMMARY
1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2020-2030 (USD Billion)
1.2.1. Building Acoustic Insulation Market, by Region, 2020-2030 (USD Billion)
1.2.2. Building Acoustic Insulation Market, by Product, 2020-2030 (USD Billion)
1.2.3. Building Acoustic Insulation Market, by Application, 2020-2030 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption
CHAPTER 2. GLOBAL BUILDING ACOUSTIC INSULATION MARKET DEFINITION AND SCOPE
2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Industry Evolution
2.2.2. Scope of the Study
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
CHAPTER 3. GLOBAL BUILDING ACOUSTIC INSULATION MARKET DYNAMICS
3.1. Building Acoustic Insulation Market Impact Analysis (2020-2030)
3.1.1. Market Drivers
3.1.1.1. Cohesive government regulations for controlling noise pollution
3.1.1.2. Growth in the construction industry
3.1.2. Market Challenges
3.1.2.1. Low awareness and high capital cost of acoustic insulation
3.1.3. Market Opportunities
3.1.3.1. Increased infrastructural spending in emerging economies
3.1.3.2. Cohesive government initiatives
CHAPTER 4. GLOBAL BUILDING ACOUSTIC INSULATION MARKET INDUSTRY ANALYSIS
4.1. Porter’s 5 Force Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.2. Porter’s 5 Force Impact Analysis
4.3. PEST Analysis
4.3.1. Political
4.3.2. Economical
4.3.3. Social
4.3.4. Technological
4.3.5. Environmental
4.3.6. Legal
4.4. Top investment opportunity
4.5. Top winning strategies
4.6. COVID-19 Impact Analysis
4.7. Disruptive Trends
4.8. Industry Expert Perspective
4.9. Analyst Recommendation & Conclusion
CHAPTER 5. GLOBAL BUILDING ACOUSTIC INSULATION MARKET, BY PRODUCT
5.1. Market Snapshot
5.2. Global Building Acoustic Insulation Market by Product, Performance - Potential Analysis
5.3. Global Building Acoustic Insulation Market Estimates & Forecasts by Product 2020-2030 (USD Billion)
5.4. Building Acoustic Insulation Market, Sub Segment Analysis
5.4.1. Glass Wool
5.4.2. Rock Wool
5.4.3. Foamed Plastic
5.4.4. Others
CHAPTER 6. GLOBAL BUILDING ACOUSTIC INSULATION MARKET, BY APPLICATION
6.1. Market Snapshot
6.2. Global Building Acoustic Insulation Market by Application, Performance - Potential Analysis
6.3. Global Building Acoustic Insulation Market Estimates & Forecasts by Application 2020-2030 (USD Billion)
6.4. Building Acoustic Insulation Market, Sub Segment Analysis
6.4.1. Residential
6.4.2. Non-residential
CHAPTER 7. GLOBAL BUILDING ACOUSTIC INSULATION MARKET, REGIONAL ANALYSIS
7.1. Top Leading Countries
7.2. Top Emerging Countries
7.3. Building Acoustic Insulation Market, Regional Market Snapshot
7.4. North America Building Acoustic Insulation Market
7.4.1. U.S. Building Acoustic Insulation Market
7.4.1.1. Product breakdown estimates & forecasts, 2020-2030
7.4.1.2. Application breakdown estimates & forecasts, 2020-2030
7.4.2. Canada Building Acoustic Insulation Market
7.5. Europe Building Acoustic Insulation Market Snapshot
7.5.1. U.K. Building Acoustic Insulation Market
7.5.2. Germany Building Acoustic Insulation Market
7.5.3. France Building Acoustic Insulation Market
7.5.4. Spain Building Acoustic Insulation Market
7.5.5. Italy Building Acoustic Insulation Market
7.5.6. Rest of Europe Building Acoustic Insulation Market
7.6. Asia-Pacific Building Acoustic Insulation Market Snapshot
7.6.1. China Building Acoustic Insulation Market
7.6.2. India Building Acoustic Insulation Market
7.6.3. Japan Building Acoustic Insulation Market
7.6.4. Australia Building Acoustic Insulation Market
7.6.5. South Korea Building Acoustic Insulation Market
7.6.6. Rest of Asia Pacific Building Acoustic Insulation Market
7.7. Latin America Building Acoustic Insulation Market Snapshot
7.7.1. Brazil Building Acoustic Insulation Market
7.7.2. Mexico Building Acoustic Insulation Market
7.8. Middle East & Africa Building Acoustic Insulation Market
7.8.1. Saudi Arabia Building Acoustic Insulation Market
7.8.2. South Africa Building Acoustic Insulation Market
7.8.3. Rest of Middle East & Africa Building Acoustic Insulation Market
CHAPTER 8. COMPETITIVE INTELLIGENCE
8.1. Key Company SWOT Analysis
8.1.1. Company
8.1.2. Company
8.1.3. Company
8.2. Top Market Strategies
8.3. Company Profiles
8.3.1. Saint Gobain S.A.
8.3.1.1. Key Information
8.3.1.2. Overview
8.3.1.3. Financial (Subject to Data Availability)
8.3.1.4. Product Summary
8.3.1.5. Recent Developments
8.3.2. Owens Corning
8.3.3. Rockwool A/S
8.3.4. Armacell
8.3.5. Kingspan Group
8.3.6. Knauf Insulation
8.3.7. BASF SE
8.3.8. Johns Manville
8.3.9. Fletcher Insulation
8.3.10. Cellecta Inc.
CHAPTER 9. RESEARCH PROCESS
9.1. Research Process
9.1.1. Data Mining
9.1.2. Analysis
9.1.3. Market Estimation
9.1.4. Validation
9.1.5. Publishing
9.2. Research Attributes
9.3. Research Assumption
1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2020-2030 (USD Billion)
1.2.1. Building Acoustic Insulation Market, by Region, 2020-2030 (USD Billion)
1.2.2. Building Acoustic Insulation Market, by Product, 2020-2030 (USD Billion)
1.2.3. Building Acoustic Insulation Market, by Application, 2020-2030 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption
CHAPTER 2. GLOBAL BUILDING ACOUSTIC INSULATION MARKET DEFINITION AND SCOPE
2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Industry Evolution
2.2.2. Scope of the Study
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
CHAPTER 3. GLOBAL BUILDING ACOUSTIC INSULATION MARKET DYNAMICS
3.1. Building Acoustic Insulation Market Impact Analysis (2020-2030)
3.1.1. Market Drivers
3.1.1.1. Cohesive government regulations for controlling noise pollution
3.1.1.2. Growth in the construction industry
3.1.2. Market Challenges
3.1.2.1. Low awareness and high capital cost of acoustic insulation
3.1.3. Market Opportunities
3.1.3.1. Increased infrastructural spending in emerging economies
3.1.3.2. Cohesive government initiatives
CHAPTER 4. GLOBAL BUILDING ACOUSTIC INSULATION MARKET INDUSTRY ANALYSIS
4.1. Porter’s 5 Force Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.2. Porter’s 5 Force Impact Analysis
4.3. PEST Analysis
4.3.1. Political
4.3.2. Economical
4.3.3. Social
4.3.4. Technological
4.3.5. Environmental
4.3.6. Legal
4.4. Top investment opportunity
4.5. Top winning strategies
4.6. COVID-19 Impact Analysis
4.7. Disruptive Trends
4.8. Industry Expert Perspective
4.9. Analyst Recommendation & Conclusion
CHAPTER 5. GLOBAL BUILDING ACOUSTIC INSULATION MARKET, BY PRODUCT
5.1. Market Snapshot
5.2. Global Building Acoustic Insulation Market by Product, Performance - Potential Analysis
5.3. Global Building Acoustic Insulation Market Estimates & Forecasts by Product 2020-2030 (USD Billion)
5.4. Building Acoustic Insulation Market, Sub Segment Analysis
5.4.1. Glass Wool
5.4.2. Rock Wool
5.4.3. Foamed Plastic
5.4.4. Others
CHAPTER 6. GLOBAL BUILDING ACOUSTIC INSULATION MARKET, BY APPLICATION
6.1. Market Snapshot
6.2. Global Building Acoustic Insulation Market by Application, Performance - Potential Analysis
6.3. Global Building Acoustic Insulation Market Estimates & Forecasts by Application 2020-2030 (USD Billion)
6.4. Building Acoustic Insulation Market, Sub Segment Analysis
6.4.1. Residential
6.4.2. Non-residential
CHAPTER 7. GLOBAL BUILDING ACOUSTIC INSULATION MARKET, REGIONAL ANALYSIS
7.1. Top Leading Countries
7.2. Top Emerging Countries
7.3. Building Acoustic Insulation Market, Regional Market Snapshot
7.4. North America Building Acoustic Insulation Market
7.4.1. U.S. Building Acoustic Insulation Market
7.4.1.1. Product breakdown estimates & forecasts, 2020-2030
7.4.1.2. Application breakdown estimates & forecasts, 2020-2030
7.4.2. Canada Building Acoustic Insulation Market
7.5. Europe Building Acoustic Insulation Market Snapshot
7.5.1. U.K. Building Acoustic Insulation Market
7.5.2. Germany Building Acoustic Insulation Market
7.5.3. France Building Acoustic Insulation Market
7.5.4. Spain Building Acoustic Insulation Market
7.5.5. Italy Building Acoustic Insulation Market
7.5.6. Rest of Europe Building Acoustic Insulation Market
7.6. Asia-Pacific Building Acoustic Insulation Market Snapshot
7.6.1. China Building Acoustic Insulation Market
7.6.2. India Building Acoustic Insulation Market
7.6.3. Japan Building Acoustic Insulation Market
7.6.4. Australia Building Acoustic Insulation Market
7.6.5. South Korea Building Acoustic Insulation Market
7.6.6. Rest of Asia Pacific Building Acoustic Insulation Market
7.7. Latin America Building Acoustic Insulation Market Snapshot
7.7.1. Brazil Building Acoustic Insulation Market
7.7.2. Mexico Building Acoustic Insulation Market
7.8. Middle East & Africa Building Acoustic Insulation Market
7.8.1. Saudi Arabia Building Acoustic Insulation Market
7.8.2. South Africa Building Acoustic Insulation Market
7.8.3. Rest of Middle East & Africa Building Acoustic Insulation Market
CHAPTER 8. COMPETITIVE INTELLIGENCE
8.1. Key Company SWOT Analysis
8.1.1. Company
8.1.2. Company
8.1.3. Company
8.2. Top Market Strategies
8.3. Company Profiles
8.3.1. Saint Gobain S.A.
8.3.1.1. Key Information
8.3.1.2. Overview
8.3.1.3. Financial (Subject to Data Availability)
8.3.1.4. Product Summary
8.3.1.5. Recent Developments
8.3.2. Owens Corning
8.3.3. Rockwool A/S
8.3.4. Armacell
8.3.5. Kingspan Group
8.3.6. Knauf Insulation
8.3.7. BASF SE
8.3.8. Johns Manville
8.3.9. Fletcher Insulation
8.3.10. Cellecta Inc.
CHAPTER 9. RESEARCH PROCESS
9.1. Research Process
9.1.1. Data Mining
9.1.2. Analysis
9.1.3. Market Estimation
9.1.4. Validation
9.1.5. Publishing
9.2. Research Attributes
9.3. Research Assumption
