Acoustic insulation, also known as sound proofing insulation, is defined as the ability of the insulation material to reduce the sound pressure with respect to a specified sound source and receptor. Acoustic insulation is used to either reflect or absorb sounds to achieve acoustic comfort. Acoustic and thermal insulations tend to be the most cost-effective measure in achieving energy efficiency. It mainly reduces noise pollution and provides a safer workplace environment in areas where noise can cause serious hearing damage.

The global acoustic insulation market is valued at USD 11.34 Billion in 2017. The acoustic insulation market has witnessed significant growth in the recent years, due to the excellent properties of acoustic insulation, such as high density, excellent sound absorption, fire resistance, heat insulation, moisture & water repellence, easy installation, and no maintenance. The market is driven by the increasing number of developments in the building & construction and transportation end-use industries. The rising demand for acoustic insulation is backed by the increasing government norms against noise pollution, rising standard of living, and increasing health awareness. All these factors drive the global acoustic insulation market. The main types of acoustic insulation are glass wool, rock wool, foamed plastics. Based on type, the rock wool based acoustic insulation segment is projected to grow at the highest CAGR during the forecast period, in terms of volume, between 2017 and 2022. The market for rock wool is majorly driven by the properties of the material such as high density, excellent sound absorption, fire resistance, heat insulation, and moisture & water repellence. In addition, they are manufactured in various densities and thickness to suit most requirements. Acoustic insulation is used in various end-use industries such as building & construction, transportation, and manufacturing & processing. Among end-use industries, the building & construction industry segment is projected to lead the acoustic insulation market during the forecast period. Building & construction is the largest end-use industry of acoustic insulation worldwide. Building codes and regulations, construction of new buildings, population growth, energy costs, and sustainability are some of the drivers for the acoustic insulation market. Stringent governmental norms for reducing noise pollution and improving standards of living are also among the major reasons which drive the market for acoustic insulation in building & construction. North America, Europe, Asia Pacific, Middle East & Africa, and South America have been considered as the key markets for acoustic insulation in the report. Asia Pacific is expected to be the fastest growing acoustic insulation market owing to the increased demand from the building & construction industry. Rising demand for high-quality acoustic insulation products with superior sound absorption properties has significantly increased the growth of the region’s process industry, which consequently has triggered the demand for acoustic insulation. Building & construction and transportation are the top two end-use industries contributing to the growing demand for acoustic insulation in Asia Pacific. The major restraint for the acoustic insulation market is the downfall in the building & construction industry, as it accounts for more than 50% of the total acoustic insulation market share. The residential and commercial construction sectors in some of the regions, mainly Europe, are still recovering from the economic crisis.

Acoustic Insulation Market vendors are placed into 4 categories based on their performance and reviews in each criterion: “visionary leaders,” “innovators,” “dynamic differentiators,” and “emerging companies".

Visionary leaders are the leading market players in terms of new developments such as product launches, innovative technologies, and the adoption of growth strategies. These players have a broad product offering that caters to most of the regions globally. Visionary leaders primarily focus on acquiring the leading market position through their strong financial capabilities and their well-established brand equity.

Dynamic Differentiators are established players with very strong business strategies. However, they have a weaker product portfolio compared to the visionary leaders. They generally focus only on a specific type of technology related to the product.

Innovators in the competitive leadership mapping are vendors that have demonstrated substantial product innovations as compared to their competitors. The companies have focused on product portfolios. However, they do not have very strong growth strategies for their overall business, when compared with the visionary leaders.

Emerging companies have niche product and service offerings. Their business strategies are not as strong as that of the established vendors. The emerging vendors include the new entrants in the market, emerging in terms of product portfolio and geographic reach, and require time to gain significant traction in the market.