The Rising Health Issue Associated with Noise Pollution is the Main Reason for the Growth of Asia-Pacific in the Acoustic Insulation Market!
- Himanshu Patni
- July 13, 2023
- CONSUMER GOODS, NEWS
- Acoustic Insulation Market, Acoustic Insulation Market Growth, Acoustic Insulation Market Share, Acoustic Insulation Market Size, Acoustic Insulation Market Trends
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The demand for Acoustic Insulation Market in the Asia Pacific region has been steadily increasing over the past few years. There are several key factors contributing to this trend such as urbanization, rising living standards, government regulations, and growing awareness of the benefits of noise reduction. The rapid urbanization and industrialization taking place in many countries across the region has led to a significant increase in noise pollution. With the construction of highways, airports, commercial buildings, and manufacturing facilities, there is a growing need to mitigate the adverse effects of noise on human health and well-being. Moreover, the rising standards of living in many countries in Asia-pacific have led to increased expectations for comfort and tranquility within residential and commercial spaces. As people become more aware of the negative impacts of noise on their quality of life, there is a greater emphasis on creating quiet and peaceful environments. This has prompted individuals and businesses to invest in acoustic insulation solutions to minimize noise transmission and create more comfortable living and working spaces. Besides, stringent government regulations and building codes related to noise control and environmental sustainability have also played a significant role in driving the demand for acoustic insulation in the region. Governments in the Asia Pacific region are increasingly recognizing the importance of noise reduction measures to protect public health and maintain a sustainable environment. This has led to the implementation of stricter guidelines and standards for noise insulation in various sectors, including construction, transportation, and manufacturing.
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Based on product, the market is segmented into mineral wool, glass wool, polymeric foams, and natural. The polymeric foams segment is expected to grow at a prominent CAGR during the forecasted period owing to the high investments in construction industries. Moreover, the growth of the segments is also being influenced by the advantages offered by polymeric foams, such as their cost-effectiveness, dust resistance, and resistance to moisture accumulation. In addition, these plastics’ tough and resilient surface provides a high degree of puncture resistance, increasing demand for polymeric foams.
By application, the market is bifurcated into residential and non-residential. The non-residential segment catered to a significant share of the global acoustic insulation market in 2021 majorly due to the rapid growth of office buildings, hotels and motels, restaurants, malls, warehouses, gyms, and recreational buildings developed by general contractors and design-build companies. Additionally, non-residential applications of building acoustic insulation are likely to see an increase in demand due to the fact that acoustic insulation enhances employee performance and productivity, makes it possible for employees to communicate with one another effectively, and protects their privacy.
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Global Acoustic Insulation Market Segmentation
Market Insight, by Product
· Mineral Wool
· Glass Wool
· Polymeric Foams
· Natural
Market Insight, by Application
· Residential
· Non-residential
Market Insight, by Region
· North America
o U.S.
o Canada
o Rest of North America
· Europe
o Germany
o UK
o France
o Italy
o Spain
o Rest of Europe
· APAC
o China
o India
o Japan
o Rest of APAC
· Rest of the World
Top Company Profiles
· Saint-Gobain Group
· ROCKWOOL A/S
· Owens Corning
· Kingspan Group
· Armacell
· BASF SE
· Knauf Insulation
· Fletcher Insulation
· Cellecta, Inc.
· Johns Manville
