The latest research report by Emergen Research, named ‘Global Acoustic Insulation Market - Forecast to 2027’, entails a comprehensive review of the global Acoustic Insulation market’s present and future trends. The report gathers viable information on the most established industry players, sales and distribution channels, regional spectrum, estimated market share and size, and revenue estimations over the forecast timeframe. The study is inclusive of a profound analysis of this business sphere focuses on the overall remuneration of the market over the projected period. The study also includes significant information pertinent to the Acoustic Insulation industry, particularly the current COVID-19 scenario.
The global acoustic insulation market is projected to be worth USD 19.64 Billion by 2027, according to a current analysis by Emergen Research. The acoustic insulation market is observing high growth attributed to the growing demand for acoustic insulation in buildings. The introduction of innovative construction technologies, the presence of various sound sources such as modern-day high decibel audio systems in residences, and growing awareness of noise pollution in the society contribute to the development of acoustic insulation design. And hence drive the market demand. In commercial buildings where prioritization is on customer satisfaction, increased noise pollution can lead to a bad reputation among prospects and more complaints by the existing occupants. Acoustic insulation assists in reducing loud noise, enhance privacy, and lead to more pleasant environments.
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Furthermore, the report provides a comprehensive analysis of the impact of the COVID-19 crisis on the market. It offers detailed insights into the impact of COVID-19 on the industry at a regional level and industry level. The report also covers the developments and government regulations related to COVID-19. The report further analyzes the current and future impact of COVID-19 on the global market and provides an insight into the post-COVID-19 situation.
Regional Analysis:
The report sheds light on the region expected to dominate the Acoustic Insulation market in the coming years. The report estimates the market size in terms of volume and value and offers an accurate estimate of the market share each region is anticipated to hold during the forecast period. The report analyzes the spread of the Acoustic Insulation market in key geographies covering North America, Latin America, Europe, Asia Pacific, and Middle East Africa. The regional analysis offers an idea about the production and consumption pattern, import/export, supply and demand ratio, revenue contribution, market share and size, and the presence of prominent players in each region.
Market Overview:
The research report on the Acoustic Insulation market is formulated through extensive primary and secondary research along with qualitative and quantitative analysis of vital aspects of the market. The insightful data is further validated and verified by the industry professionals. The report strives to offer deeper insights into the overall market scenario of the Acoustic Insulation business sphere.
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Some Key Highlights from the Report
- In July 2019, Knauf Insulation introduced innovative Acoustic Batt insulation to cater to the demand for a soundproof insulation slab intended for the South African market. An Acoustic Batt insulation is highly effective insulation developed for application in intermediate floors and internal partition walls for noise transmission reduction.
- Mineral wool has exceptional sound absorption features as it has an open structure allowing sound to be trapped between its strands and transforming it into heat energy.
- Steel, in terms of structure and performance, is among the most suitable material for acoustic insulation. However, the material being cost-prohibitive is less popular among consumers.
Key participants include Knauf Insulation, Saint-Gobain, 3M, BASF SE, Kingspan Group, Rockwool International, Owens Corning, Armacell International, Fletcher Insulation, and Johns Manville, among others.
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Emergen Research has segmented the global acoustic insulation market on the basis of product type, distribution channel, industry vertical, and region:
Product Type Outlook (Revenue, USD Billion; 2017-2027)
- Glass Wool
- Rock Wool
- Foamed Plastics
- Others
Distribution Channel Outlook (Revenue, USD Billion; 2017-2027)
- Online
- Offline
Industry Vertical Outlook (Revenue, USD Billion; 2017-2027)
- Building Construction
- Transportation
- Manufacturing
- Others
Regional Outlook (Revenue, USD Billion; 2017-2027)
- North America
- U.S.
- Canada
- Mexico
- Europe
- Germany
- UK
- France
- BENELUX
- Rest of Europe
- Asia Pacific
- China
- Japan
- South Korea
- Rest of APAC
- Latin America
- Brazil
- Rest of LATAM
- MEA
- Saudi Arabia
- UAE
- Rest of MEA
Report Highlights:
- The report conducts a comparative assessment of the leading market players participating in the global Acoustic Insulation market.
- The report marks the notable developments that have recently taken place in the Acoustic Insulation industry
- It details on the strategic initiatives undertaken by the market competitors for business expansion.
- It closely examines the micro- and macro-economic growth indicators, as well as the essential elements of the Acoustic Insulation market value chain.
- The repot further jots down the major growth prospects for the emerging market players in the leading regions of the market.
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