Acoustic Insulation Material Segmentation
Application {Building & Construction (Residential & Commercial), Industrial, Transportation (Automotive, Aerospace, Marine)}
The building & construction segment accounted for the largest acoustic insulation material market share during the forecast period. The expanding of commercial infrastructure construction, such as institutional buildings, cooperative offices, and others, will boost the market revenue. Furthermore, the acoustic insulation materials absorb the sound that could transfer from one floor of the building to the other floor, driving the growth of the segment. For instance, over 1.5 million housing units were annually planned to be built in the U.S.A. alone in 2022.
Product Type (Rock wool, Glass Wool, Plastic Foam)
The rock wool segment in the acoustic insulation material market is projected to capture significant share by 2037. Factors propelling the demand of rock wool acoustic insulation material includes high thermal properties along with acoustic padding fire resistance properties, also known as fireproof insulation. Generally, they are most effective acoustic insulation material that are used in the construction. Moreover, the rock wool is a high-density product that makes an excellent noise reduction and sound absorption.
Our in-depth analysis of the global market includes the following segments:
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