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Acoustic Insulation Market Worth 13.57 Billion USD by 2021


News provided by

MarketsandMarkets

26 Jul, 2016, 01:30 GMT

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PUNE, India, July 26, 2016 /PRNewswire/ --

The report "Acoustic Insulation Market by Type (Stone Wool, Glass Wool, and Foamed Plastics), End-Use Industry (Building & Construction, Transportation, and Industrial), and by Region - Global Forecast to 2021", published by MarketsandMarkets, The market size is estimated to grow from USD 9.86 Billion in 2015 to USD 13.57 Billion by 2021, at a CAGR of 5.50%.

     (Logo: http://photos.prnewswire.com/prnh/20160303/792302 )

Browse 165 market data Tables and 60 Figures spread through 195 Pages and in-depth TOC on "Acoustic Insulation Market"

http://www.marketsandmarkets.com/Market-Reports/acoustic-insulation-market-41399747.html
Early buyers will receive 10% customization on this report.

The market size of acoustic insulation is driven by the growing infrastructural activities in the building & construction industry, especially in the commercial segment, and growing standards of living.

Building & Construction: The Largest End-use Industry of the Acoustic Insulation Market 

In 2015, the building & construction end-use industry accounted for the largest market share, in terms of value, followed by transportation and others. Commercial buildings consume more than 80% of the overall consumption of acoustic insulations in the building & construction industry. Acoustic insulation significantly reduces the levels of external noise entering homes, offices, and other commercial buildings, allowing for peaceful environment. The transportation end-use industry is estimated to register the highest CAGR, in terms of value, between 2016 and 2021. Growing demand for acoustic insulation in the automotive industry is mainly driven by the use of soundproofing application in engine components and sound systems.

Aerogel and Cellulose: The Fastest-growing Type Segment of the Acoustic Insulation Market 

Aerogel and cellulose insulation products are estimated to register the highest CAGR between 2016 and 2021. The high growth is attributed to excellent sound absorption properties, easy handling, and technological developments. The aerogel and cellulose segment is projected to grow at a higher rate among all types, in terms of both value and volume.

Make an Inquiry @ http://www.marketsandmarkets.com/Enquiry_Before_Buying.asp?id=41399747

Asia-Pacific: The Largest Market for Acoustic Insulation 

Currently, Asia-Pacific is the largest market for acoustic insulation. China is the largest while India is the fastest-growing market for acoustic insulations in the region.

The following factors are the main driving forces for the Acoustic Insulation Market in Asia-Pacific:

  • Increasing standard of living and demand for acoustic insulation for noise cancellation properties
  • Growing infrastructure activities with soundproofing applications in the commercial building & construction industry
  • Government regulations set for various industries for controlling noise pollution

Rockwool International A/S (Denmark), Knauf Insulation GmbH (Germany), Saint-Gobain SA (U.S.), Owens Corning Corporation (U.S.), Johns Manville Corporation (U.S.), Kingspan Group PLC (Ireland), Armacell GmbH (Germany), BASF SE (Germany), Paroc (Finland), and Fletcher Insulation (Australia) are the key players of the acoustic insulation market.

Browse Related Reports: 

HVAC Insulation Market by Type (Glass Wool, Stone Wool, Phenolic Foam, Elastomeric Foam and Others), Application (Residential, Commercial, Industrial) & by Region - Global Trends and Forecast to 2021
http://www.marketsandmarkets.com/Market-Reports/hvac-insulation-market-75521260.html

Roof Insulation Market by Application (Flat Roof, Pitched Roof), Type (Batts & Rolls, Rigid Insulation, Spray Applied, Reflective Systems, Others), Material (Glass Wool, Stone Wool, Plastic Foam, Others), Region (Europe, North America, Asia Pacific, MEA, Latin America) - Global Forecast to 2021
http://www.marketsandmarkets.com/Market-Reports/roof-insulation-market-267780489.html

Know More About our Knowledge Store @ http://www.marketsandmarkets.com/Knowledgestore.asp

About MarketsandMarkets 

MarketsandMarkets is the largest market research firm worldwide in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to a multitude of clients across 8 different industrial verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications. Our 850 fulltime analyst and SMEs at MarketsandMarkets are tracking global high growth markets following the "Growth Engagement Model - GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors.

M&M's flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. The new included chapters on Methodology and Benchmarking presented with high quality analytical infographics in our reports gives complete visibility of how the numbers have been arrived and defend the accuracy of the numbers.

We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository.

Contact:
Mr. Rohan
Markets and Markets
UNIT no 802, Tower no. 7, SEZ
Magarpatta city, Hadapsar
Pune, Maharashtra 411013, India
Tel: +1-888-600-6441
Email: sales@marketsandmarkets.com


Visit MarketsandMarkets Blog @ http://www.marketsandmarketsblog.com/market-reports/chemical
Connect with us on LinkedIn @ http://www.linkedin.com/company/marketsandmarkets

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