Acoustic Insulation Market size was over USD 17.97 billion in 2024 and is anticipated to exceed USD 42.63 billion by the end of 2037, growing at over 6.9% CAGR during the forecast period i.e., between 2025-2037. In the year 2025, the industry size of acoustic insulation is evaluated at USD 18.96 billion.
Growing noise pollution across the world with traffic and other noises is estimated to hike the market growth. Therefore, there has been surging demand for acoustic insulation from different end-use industries for the absorption and reduction of noise pollution. Increasing usage in oil and gas industries, petrochemical sectors, and energy utilities is anticipated to drive the growth of the market.
Further, the increasing construction of hospitals and the growing healthcare concern related to reducing noise disturbance is propelling the industry growth. The growth of the market is attributed to the advantages of acoustic insulation as it is fire resistance, noise proof, and eco-friendly. The escalating applications in the military, aircraft, and marine sectors across the world are also estimated to hike the industry growth in the coming years.
Growth Drivers
Challenges
Base Year |
2024 |
Forecast Year |
2025-2037 |
CAGR |
6.9% |
Base Year Market Size (2024) |
USD 17.97 billion |
Forecast Year Market Size (2037) |
USD 42.63 billion |
Regional Scope |
|
Type (Elastomeric Foam, Glass Wool, Rock Wool, Foamed Plastics)
The acoustic insulation market from foam plastics segment is estimated to register a noteworthy revenue during the forecast period. Also, the segment is projected to grow at a rate of approximately 4 per cent in the upcoming years. The increasing need for good barriers to sound masking is estimated to fuel market segment growth. Foam plastics are one of the new and energy-efficient insulation methods to prevent heat loss and reduce cool temperature which is influencing its usage. Moreover, the easy application to seal the holes and gaps in the walls to prevent air leakage from the walls is anticipated to promote growth opportunities for the market segment growth.
End-User Industry (Building & Construction, Energy & Utilities, Transportation, Oil & Gas, Industrial & OEM)
The transportation segment is anticipated to have a significant market share by 2037. The hike in market growth is accounted to the need to reduce noise, vibration, and sensation generated by the interiors of vehicles. Also, the rising preference for comfortable and peaceful rides by passengers is driving the market segment growth. Increasing vehicle purchases such as cars, heavy vehicles, trucks, and buses are expected to propel the market segment growth. Insulation in vehicles helps to soundproof systems, engines, external noise, and other machinery.
Our in-depth analysis of the market includes the following segments:
Type |
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End-User Industry |
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North American Market Statistics
The North American market is poised to dominate 36% revenue share by 2037. The growing construction sector in the region with increasing investments in building commercial and residential complexes is driving the acoustic insulation market growth. The total expenditure of the U.S. in the construction sector as of 2023 was reported to be more than USD 1800 billion. Rising infrastructural development projects to enhance the property value and improve the economic standards of the region are estimated to hike market growth. In addition to this, the increasing need for the reduction of sound to create privacy in buildings, retail, offices, cinemas, gyms, and other entertainment hubs with rapid urbanization in the region is also boosting industry size in the region.
European Market Forecast
Furthermore, the market in the European region is anticipated to hold a significant revenue till 2037, owing to the rising number of manufacturing industries and shipbuilding industries. The insulation in the ships is used to regulate heat and reduce sound from the water, engines, and other disturbances from the environment. Also, insulation in the cruise ships enhances the aesthetic appearance thereby raising the demand for acoustic insulation in the region. As of 2022, the production value of the Europe shipbuilding sector per year was estimated to be over USD 40 billion.
Author Credits: Shweta Patidar
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