Acoustic Insulation Material Market: Global Industry Analysis and Forecast 2015 2021
Persistence Market Research Released New Market Report on Acoustic Insulation Material
Market: Global Industry Analysis and Forecast 2015 - 2021.
Acoustic insulation materials are used to reduce intensity of sound emitted. For instance,
building are acoustic insulated to prevent the people inside from the sound of vehicle outside.
Acoustic insulation material is used almost in every industry in order to decrease the sound level
of machines and save workers from any health issue due to large noise. Acoustic insulation
materials are primarily used in construction industry.
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Construction sector output, manufacturing industry output, construction industry spending and
urbanization trend are some of the macro-economic drivers of the acoustic insulation material
market. Developed economies such as North America and Europe have formulated regulations
concerning energy efficiency buildings: according to Concerted Action Energy Performance of
Buildings (a joint initiative program of member states of European Union and European
Commission) approximately all new buildings constructed in the member states by 2020 should
comply with zero - energy standards. Even emerging countries government are actively
promoting the use of insulation material: in 2014, Andhra Pradesh (India), adopted Energy
Conservation Building Code (ECBC) under which commercial and public buildings in the state
are expected to cut costs and slash energy usage by 40%-60% through the use of green
building materials. Such regulations and initiatives are identified as underlying driving factors of
the market. However there are few challenges acoustic insulation material market is facing: low
awareness of acoustic insulation material in emerging economies and high capital cost of
acoustic insulation in building.
On the basis of product type, acoustic insulation material market is broadly segmented as:
Stone Wool
Glass Wool
Plastic Foam
Others
On the basis of application, global acoustic insulation material market is segmented into:
Acoustic Insulation Material Market: Global Industry Analysis and Forecast 2015 2021
Residential
Commercial
Industrial
Asia Pacific acoustic insulation material market is estimated to represent the highest growth
globally during the forecast period. Middle East and Africa construction industry has represented
substantial growth in past few years and likely to continue the trend during the forecasted period
as well. New building codes implemented in MEA along with expected growing trend of
construction industry is anticipated to generate demand for acoustic insulation material market
in the region. Asia Pacific substantially growing manufacturing industry is also expected to
create demand for acoustic insulation materials. Growth of acoustic insulation material market in
Western Europe is likely to be driven by increasing regulation in the region for building sound
insulation. EU construction products directive defines the protection against the noise in
building. Building or machines are insulated in a way that people nearby are not affected by the
noise around.
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Some of the key players in the global acoustic insulation material market include Berkshire
Hathway (Johns Manville), Rockwool International A/S, E. I. du Pont de Nemours and Company,
Bayer AG, Owens Corning, BASF SE, Asahi Kasei Corporation, Dow Chemicals Company,
Kingspan Group PLC and Saint Gobain S.A.
The report covers exhaustive analysis on:
Technology
Value Chain
Acoustic Insulation Material Market: Global Industry Analysis and Forecast 2015 2021
North America
Latin America
Europe
Report Highlights:
Key points covered in the report:1. Report segments the market on the basis of types, application, products, technology, etc
(as applicable)
2. The report covers geographic segmentation
North America
Europe
Asia
RoW
3. The report provides the market size and forecast for the different segments and
geographies for the period of 2010 to 2020
4. The report provides company profiles of some of the leading companies operating in the
market
5. The report also provides porters five forces analysis of the market.
Browse the full All Upcoming Persistence Market's report at
http://www.persistencemarketresearch.com/forthcoming-reports.asp
Persistence Market Research
Acoustic Insulation Material Market: Global Industry Analysis and Forecast 2015 2021
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