Environmental Regulation Creates New Market for Acoustic Insulation, says Market.us

Acoustic insulation can be used to reduce, deaden, or control sound and noise levels, for regulatory and environmental reasons. Acoustic insulation and soundproofing materials can be used to reduce or absorb noise.

Acoustic design is an intricate aspect of architecture and construction. It is used to create acoustic isolation systems that achieve optimal sound quality. Insulation prevents the transfer of structural and airborne sounds between rooms within a building.

According to Market.us, “The Acoustic Insulation Materials Market size is expected to be worth around USD 24,722.8 million by 2032 from USD 13,936 million in 2022, growing at a CAGR of 5.90% during the forecast period from 2023 to 2032.”

Anurag Sharma, a senior research analyst at Market.us, said, “Acoustic insulation market growth is rising due to health concerns about noise pollution, stricter regulations regarding noise pollution, building expansion, and the energy efficiency benefits that insulating materials provide.”

The acoustic insulation industry is influenced by noise pollution regulations. Multiple noise standards have been issued by the World Health Organization (WHO), which has led to the study of the effects of ambient noise on human health and various initiatives to increase awareness among urban residents.

Acoustic insulation materials are able to meet the requirements of modern building codes. These factors provide growth opportunities for the acoustic insulation industry. The market’s growth is impeded by a lack of knowledge about the benefits of acoustics for emerging countries and the downturn of the construction industry.

The market is expected to grow over the forecast period due to increasing awareness about noise pollution, strict noise pollution standards, rising living standards, and increased energy efficiency. Supply chains have been severely affected by the COVID-19 pandemic in major countries.

Major economies around the world stopped or delayed construction projects. This led to a sharp decline in demand for acoustic insulation products in both residential and commercial sectors. The market is experiencing a recovery due to global trade restrictions and lockdown, which will allow it to grow again.

The U.S. has seen a rise in living standards and strict government regulations to reduce the negative effects of high levels of noise. This has fueled demand for the product in commercial and residential buildings. Market growth is expected to be influenced by factors like the rise in disposable income and willingness to spend more on high-quality construction products.

A growing focus on improving public infrastructure has resulted in greater use of acoustic insulation products in highways, construction sites, and other public buildings. The market growth is also being driven by stricter fire safety and energy efficiency policies around the globe.

With a lot of players offering products at very competitive prices, the market is well-consolidated. It is difficult for new players to make a profit in this market due to their pricing and expertise.

The industry competition is expected to continue high for the forecast period. The industry’s growth will be impeded by a lack of awareness about the importance of acoustics as well as the high capital costs of acoustic insulation.

Foamed plastic (cellular polymers) was the dominant market, accounting for more than 40% of global revenue in 2020. Because of its lightweight, vibration damping, heat, and sound absorption, as well as being light, it is suitable for decorative and acoustic applications, including inside ceilings in hotels, theatres, and hospitals. These products are in high demand due to their low cost and excellent performance.

Stone wool (Rock/Mineral wool), is expected to be the fastest growing product in the future due to its high fire protection, sound absorption, thermal insulation, eco-stability, and environmental-friendly properties. It is made by spinning a molten stream from rock, steel furnace waste, and other recycled materials. It is used extensively in residential wood construction and steel stud partitions for interior walls.

Glass wool ( Fibreglass) is made from glass that has been spun into fibers, then rolled into sheets with a binding agent. For greater strength, great resilience, and thermal and acoustic properties, thin layers of glass wool are pressed together to create a larger sheet. It is used most often to insulate ceilings in residential buildings.

The residential market is expected to grow due to rising demand for construction projects and a growing middle-class population. The market is also driven by a growing awareness of health issues such as hearing impairments and heart disease.