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Acoustic Insulation Industry Size, Share, Demand & Growth by 2033

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Acoustic Insulation Industry Size, Share, Demand & Growth by 2033
The acoustic insulation industry is maneuvering on account of surging consumer interest in
acoustic insulation, for residential and commercial purposes. The commercial buildings
incorporate retail, offices, cinema, and other leisure outlets to conduct operations of
companies. Acoustic insulation materials are widely used in floors, waste-water pipes, walls,
ceilings, plant rooms, etc.
The global acoustic insulation industry is forecast to expand at 5.8% CAGR over the
estimated time period, as per FMI’s analysis. The industry’s size is predicted to reach a
market value of US$ 15,061.4 million in 2023.
Commercial buildings follow specific guidelines to prevent internal noise, external noise
intrusion, and noise from building services. Nonetheless, the kind of insulation required in
commercial buildings differs on the basis of the building structure and its requirements.
Commercial construction has been expanding at a substantial pace in the Asia Pacific and the
Middle East and Africa.
The market growth may be stalled by oscillating prices of acoustic insulation’s raw materials.
Another hindrance to the market is the high capital cost and low awareness of acoustic
insulation in emerging economies.
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These regions are observing high foreign and domestic investments to establish industrial
units, multiplexes, malls, hospitals, the IT sector, and the hospitality industry. The Asia
Pacific is a lucrative market for foreign companies. This can be attributed to the strong
economic performance of economies like Indonesia, China, India, etc. Additionally, Middle
Eastern countries are expected to witness growth on account of developing tourism and other
non-oil sectors in the region. Thus, fueling commercial construction activities in the Middle
East and Africa.
Top Highlights from the FMI’s Analysis of Acoustic Insulation Market:

The North America acoustic insulation industry is projected to acquire more than
28.1% market share in 2023. The United States acoustic insulation industry leads the
regional market as well as the global space.

The Europe acoustic insulation industry gained a 20.8% value share in 2022. The
German acoustic insulation industry procured a 9.1% market share in 2022.

The United Kingdom’s acoustic insulation industry is expected to expand at a 4.1%
CAGR from 2023 to 2033.

The Japan acoustic insulation industry is projected to gain more than 6.5% market
share in 2023.

The India acoustic insulation industry is projected to register 6.5% CAGR and China
is anticipated to register 4.1% CAGR over the forecast period.

Based on type, foamed plastic is anticipated to acquire more than 25.4% value share
in 2023.

On the basis of the end-use industry, the transportation segment is expected to garner
more than 28.4% market share in 2023.
About the Chemicals and Materials Division at Future Market Insights (FMI)
The chemicals and materials division of Future Market Insights (FMI) offers a distinct and
pinpoint analysis of the chemicals and materials industry. This exhaustive coverage extends
from commodity, bulk, specialty, and petrochemicals to advanced materials, composites, and
nanotechnology in particular, with special emphasis on ‘green alternatives, recycling and
renewable technology developments, and supply-demand-trade assessment. Our research
studies serve as referencing market guidelines for chemical manufacturers, research
institutions, channel partners, and government bodies for developing — ‘The Way Forward’.
About Future Market Insights (FMI)
Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a
member of the Greater New York Chamber of Commerce) offers profound insights into the
driving factors that are boosting demand in the market. FMI stands as the leading global
provider of market intelligence, advisory services, consulting, and events for the Packaging,
Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets.
With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local
expertise on diverse domains and industry trends across more than 110 countries.
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