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Growing demand for acoustic insulation in buildings is one of the significant factors influencing the market growth.
VANCOUVER, BC, CANADA, July 11, 2022 /EINPresswire.com/ -- 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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The Acoustic Insulation Market research report is a comprehensive and vital document encompassing business strategies, qualitative and quantitative analysis, and emerging trends of the global Acoustic Insulation market. The report offers in-depth research and assessment of the key elements of the global Acoustic Insulation market. The research analysts have formulated this report through thorough primary and secondary research with a detailed analysis of the drivers, restraints, challenges, trends, and opportunities to provide a panoramic view of the Acoustic Insulation market.
Key players 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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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.
The Global Acoustic Insulation Market is further analyzed across the key geographical locations where the market has expanded to a significant size. The key region analyzed are North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. The report offers a country-wise analysis to provide a comprehensive analysis of the Acoustic Insulation market in terms of production and consumption patterns, supply and demand ratio, import/export, revenue contribution, trends, and presence of prominent players in each region.
North America (U.S., Canada)
Europe (U.K., Italy, Germany, France, Rest of EU)
Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
Latin America (Chile, Brazil, Argentina, Rest of Latin America)
Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
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)
Distribution Channel Outlook (Revenue, USD Billion; 2017-2027)
Industry Vertical Outlook (Revenue, USD Billion; 2017-2027)
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