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Acoustic Insulation Market Share

Report ID: GMI802
Published Date: Feb 2019
Report Format: PDF

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Acoustic Insulation Market Share

Global acoustic insulation industry is fragmented due to the presence of many domestic participants along with a few major global players. Key industry players include

BASF
Kingspan Group
Knauf Insulation
Rockwool International A/S
K-Flex
Armacell International S.A.
Owens Corning Corp.
Siderise
Recticel

They rely on strategies such as mergers & acquisition, product development, geographical expansion, technological innovation and sourcing strategies to enhance their industry share.

Authors: Avinash Singh, Sunita Singh

Frequently Asked Questions (FAQ) :

The global acoustic insulation industry size surpassed a significant revenue and is poised to record a 4.5% CAGR through 2025 driven by the higher requirement for sound absorption materials across the entertainment sector.

The overall market share from fiberglass/glass wool product is expected to record gains at more than 5% through 2025 owing to the presence of stringent regulations and higher construction spending.

The overall market size from transportation applications could observe around 5% gains over 2019-2025 due to the growing adoption of acoustic non-woven fabric technologies in the automotive sector.

Europe accounted for a significant share in the acoustic insulation industry and will witness expansion with the higher awareness of green construction, smart infrastructure, and IoT in the region.