Title: China Acoustic insulation market was worth USD 2 billion in 2015 and will exhibit significant growth rate over the period of 2016 to 2025
1Acoustic Insulation Market for Polystyrene to
surpass 9 bn by 2025 Fractovia.org
2Overview
- As per the report, Acoustic insulation market
size will register an annual growth rate of more
than 6 over the coming years of 2016 to 2025. - Rising awareness regarding noise pollution and
its harmful effects is likely to stimulate
acoustic insulation market, which is projected to
exceed a revenue of USD 20 billion by 2025.
Surging demand for efficient sound proofing
across various industries coupled with stringent
government norms regarding sustainable
infrastructural development are also a couple of
key growth drivers that will stimulate the
industry growth. - Acoustic Insulation Market will observe a
dramatic shift over the coming eight years,
driven by the increasing requirement of sound
proofing across sectors such as manufacturing,
transportation, and construction. Sound
insulation utilizes the mass-spring-mass
principle or sound capsules to reduce unnecessary
sound, and functions differently for different
operational procedures.
3- Acoustic Insulation Market by Products
- Rock wool, glass wool, and polystyrene are the
various products of acoustic insulation industry.
Polystyrene products are highly preferred for
sound proofing owing to reduced operational costs
and the fact that they require minimal
installation tools. In consequence, polystyrene
acoustic insulation market is predicted to
surpass a revenue collection of USD 9 billion by
2025. - Glass wool product segment collected a revenue of
more than USD 3 billion in 2015 and will record
significant growth rate over the coming years of
2016 to 2025. This growth can be attributed to
high tensile strength, light weight, exceptional
resilience, and effective thermal acoustic
characteristics of the product.
4Competitive Trends
The notable industries in acoustic insulation
market share are Knauf Insulation, Rockwool
International, Paroc, Fletcher, Owens Corning,
Kingspan, Cellecta, Armacell, BASF, AFICO,
SIDERISE, Roxul, K-Flex, and Lloyd.
- Reasons to Buy This PDF Report
- Acoustic Insulation market size forecast by
product application - 2. Growth drivers, pitfalls industry challenges
- 3. Key Acoustic Insulation market growth
- opportunities emerging business models
- 4. Competitive benchmarking with market share
- analysis and company profiles
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6Regional Trends
- U.S. acoustic insulation industry will generate a
revenue of more than USD 5 billion by 2025,
primarily fueled by the surging demand across the
commercial construction industry. - China acoustic insulation market was worth USD 2
billion in 2015 and will exhibit significant
growth rate over the period of 2016 to 2025. The
growth can be attributed to the growing
preference toward sound proofing and fire safety. - Russia acoustic insulation industry is predicted
to collect a revenue of more than USD 1.8 billion
by 2025.
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