According to TechSci Research report, “Acoustic Materials Market – Global Industry Size, Share, Trends, Competition Forecast & Opportunities, 2028”, the Global Acoustic Materials Market stood at USD 4.37 million in 2022 and is anticipated to grow with a CAGR of 3.73% in the forecast period, 2023-2028. The initiatives taken by the government based on Acoustic Materials has led to favorable market conditions for the Global Acoustic Materials Market. Several factors contribute to the growth of various Acoustic Materials products. Government regulations play a significant role in driving the demand for acoustic materials.
In many regions, sound control materials are required in various government facilities, such as secure rooms, testing and conference rooms, gun ranges, and other spaces. These regulations aim to ensure privacy, security, and optimal working conditions in these environments. Furthermore, strong government rules and regulations relating to noise pollution and energy efficiency have led to an increase in the adoption and launching of acoustic insulation products.
In residential settings, guidelines have been issued for noise control to enhance the quality of life for residents. For instance, New York City’s Department of Environmental Protection provides comprehensive guidance on mitigating residential HVAC noise, which includes advice on the installation of acoustic materials. These guidelines not only promote peaceful living environments but also contribute to the overall well-being of individuals and communities.
It is noteworthy that in some countries, acoustics is being integrated into major infrastructure strategies to create harmonious environments. For example, in New Zealand, acoustics is considered a primary factor in the central government’s School Property Strategy 2030.
This forward-thinking strategy has informed three major initiatives to establish and improve school acoustics, highlighting the paramount importance of acoustic materials in creating conducive learning environments. By prioritizing acoustics, the government aims to provide students with optimal conditions for learning and development, recognizing that noise can significantly impact educational outcomes.
The increasing focus on government regulations, residential noise control guidelines, and the integration of acoustics in infrastructure strategies reflects the growing recognition of the vital role that acoustic materials play in enhancing the quality of our built environment. As awareness continues to expand, the demand for these materials is expected to rise, driving innovation and advancements in the field of acoustics.
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Regulatory bodies worldwide are imposing increasingly stringent rules to limit the noise levels produced by marine vessels. In response to these regulations, the International Maritime Organization (IMO) has set specific guidelines for the control of noise on ships. These guidelines aim to safeguard the health and well-being of seafarers who are constantly exposed to the noise generated by these vessels.
To comply with these regulations, the design and construction of marine vessels now necessitate the use of specialized acoustic materials. These materials are carefully selected and incorporated into the structure of the vessels to reduce noise propagation and ensure a quieter operating environment. As a result, there has been a significant increase in the demand for acoustic materials, as shipbuilders and operators strive to meet the noise control requirements imposed by regulatory authorities.
Furthermore, acoustic materials also play a crucial role in the operation of sonar systems, which are widely used in various marine applications such as navigation, communication, and detection. The performance of these sonar systems greatly depends on the quality and effectiveness of the acoustic materials utilized. Therefore, the growing adoption of sonar technologies in the marine industry has further fueled the demand for high-quality acoustic materials.
In summary, the combination of regulatory pressure to reduce noise pollution and the increasing use of sonar technologies in the marine sector has contributed to a significant rise in demand for acoustic materials. These materials not only help meet noise control regulations but also enhance the performance and effectiveness of sonar systems, making them an integral part of the modern marine industry.
The Global Acoustic Materials Market is segmented into material type, end user, regional distribution, and company.
Based on its material type, the PU segment held the largest share of the market. Polyurethane (PU) is a highly versatile material renowned for its exceptional sound absorption and attenuation properties. Its remarkable resistance to heat, fire, chemicals, and fungi, among other factors, further enhances its suitability for such applications. In addition to these desirable characteristics, polyurethanes offer the advantage of being readily available at a low cost in large quantities. This, coupled with their ease of processing into both rigid and rubber-like products, has contributed to their widespread use across a multitude of industry verticals. Notably, the automotive and construction sectors have particularly benefited from the diverse applications of polyurethanes, thereby driving the continuous growth of the PU market over the forecast period.
Based on region, the Asia Pacific segment is expected to grow during the forecast period.
The Asia Pacific region, spearheaded by countries like Japan and China, has witnessed remarkable growth in recent years. This growth can be primarily attributed to the rapid expansion of industrial activities, resulting in a significant surge in vehicular traffic. As a consequence, there has been a heightened awareness of the detrimental effects of noise pollution, leading to an increased demand for products and solutions across various industries. The rising concerns over noise pollution have prompted businesses to explore innovative approaches to mitigate this issue, thereby driving the market for noise-control products and technologies in the region.
Major companies operating in the Global Acoustic Materials Market are:
- Sika AG
- Rockwool International A/S
- DuPont de Nemours Inc
- Knauf Insulation Ltd.
- 3M Inc.
- BASF SE
- Saint-Gobain Group
- Fletcher Insulation Pty. Ltd.
- dB Acoustics Pte Ltd.
- Bayer AG
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“Growing application of Acoustic Materials in various end-user industries are key drivers of the Acoustic Materials Market. Growth in the competitive landscape and the presence of well-established companies in the market who are dedicated to enhancing their productivity of Acoustic Materials with every passing year are anticipated to register an impressive growth in the Global Acoustic Materials Market in the forecast period.,” said Mr. Karan Chechi, Research Director with TechSci Research, a research-based management consulting firm.
“Acoustic Materials Market – Global Industry Size, Share, Trends, Opportunity, and Forecast, Segmented By Material Type (PP, PE, ABS, PU, PVC, PA, Others), By End User (Construction, Automotive, Marine, Others), By Region and Competition, 2018-2028F”, has evaluated the future growth potential of Global Acoustic Materials Market and provides statistics & information on market size, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in the Global Acoustic Materials Market.
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Table of Content-Acoustic Materials Market
- Product Overview
1.1. Market Definition
1.2. Scope of the Market
1.2.1. Markets Covered
1.2.2. Years Considered for Study
1.2.3. Key Market Segmentations
- Research Methodology
2.1. Objective of the Study
2.2. Baseline Methodology
2.3. Key Industry Partners
2.4. Major Association and Secondary Sources
2.5. Forecasting Methodology
2.6. Data Triangulation & Validation
2.7. Assumptions and Limitations
- Executive Summary
3.1. Overview of the Market
3.2. Overview of Key Market Segmentations
3.3. Overview of Key Market Players
3.4. Overview of Key Regions/Countries
3.5. Overview of Market Drivers, Challenges, Trends
- Global Acoustic Materials Market Outlook
4.1. Market Size & Forecast
4.1.1. By Value
4.2. Market Share & Forecast
4.2.1. By Material Type (PP, PE, ABS, PU, PVC, PA, Others)
4.2.2. By End User (Construction, Automotive, Marine, Others)
4.2.3. By Region
4.2.4. By Company (2022)
4.3. Market Map
4.3.1. By Material Type
4.3.2. By End User
4.3.3. By Region
- Asia Pacific Acoustic Materials Market Outlook
5.1. Market Size & Forecast
5.1.1. By Value
5.2. Market Share & Forecast
5.2.1. By Material Type
5.2.2. By End User
5.2.3. By Country
5.3. Asia Pacific: Country Analysis
5.3.1. China Acoustic Materials Market Outlook
5.3.1.1. Market Size & Forecast
5.3.1.1.1. By Value
5.3.1.2. Market Share & Forecast
5.3.1.2.1. By Material Type
5.3.1.2.2. By End User
5.3.2. India Acoustic Materials Market Outlook
5.3.2.1. Market Size & Forecast
5.3.2.1.1. By Value
5.3.2.2. Market Share & Forecast
5.3.2.2.1. By Material Type
5.3.2.2.2. By End User
