Acoustic Insulation Market Analysis

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: