Rapid urbanization and increasing disposable income are the key factors driving the demand for acoustic insulation in India. Growing population increased consumer spending, and rapid industrial expansion are the major factors responsible for the high growth rate of the region. The region has become an attractive location for chemical & petrochemical, power, oil & gas, and cement industries. Growth in APAC is primarily attributed to the fast-paced expansion of the economies such as China, India, and Indonesia. It is thus used in various applications, such as piping, gymnasiums, cinemas, air conditioner duct warming/cooling, machine rooms, ships, office partition walls, and ceiling sound absorption.ĪPAC is estimated to be the fastest-growing market for acoustic insulation between 20.ĪPAC is estimated to be the fastest-growing market for acoustic insulation between 20. In addition, glass wool is the second-largest material type in demand, because of its superior sound absorption, low cost, and its increasing use in the building and construction sector. Foamed plastics are further segmented into polyethylene, polyurethane, polystyrene, phenolic foam, etc. These plastics are innovative, energy-efficient materials used for insulation and can effectively seal gaps and stop air leaks. In addition, growing demand for acoustic insulation in the automotive industry is also driven by the use of soundproofing applications in engine components and sound systems.įoamed plastic is the largest type among other acoustic insulation materials.įoamed plastic is the largest type among other acoustic insulation materials in terms of value, because of its high prices as compared to rock wool and glass wool materials. Acoustic insulation significantly reduces the levels of external noise entering homes, offices, and other commercial buildings, allowing a peaceful environment. Commercial buildings consumes more than 80% of the overall consumption of acoustic insulation in the building and construction industry. Urbanization, industrialization, and stringent regulations regarding energy conservation, especially in developing economies, such as China, India, Brazil, Chile, Argentina, Indonesia, Thailand, Malaysia, and South Africa, are the major growth factors for the acoustic insulation market. Building & construction accounted for the largest share in the acoustic insulation market in terms of value.īuilding & construction accounted for the largest share in the acoustic insulation market in terms of value, followed by transportation and other industrial sectors.
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