Soundproofing Materials Market Revenue, Growth, Restraints, Trends, Company Profiles, Analysis & Forecast till 2030
Soundproofing Materials Market report also sheds light on supply chains and the changes in the trends of the upstream raw materials and downstream distributors.
The market size of soundproofing materials worldwide demonstrated substantial strength in 2021 and is projected to experience rapid growth in revenue throughout the forecast period. The primary driver of this market revenue growth is the escalating use of soundproofing materials in the construction industry, both in personal spaces and offices, due to the increasing prevalence of noise pollution globally. Additionally, there is a growing demand for soundproofing materials in commercial settings, aimed at improving sound quality and reducing sound leakage following the installation of sound-insulating substances.
Soundproofing materials, also known as acoustical pieces, are specific substances that prevent the transmission of sound waves into or out of enclosed spaces. The demand for these materials is increasing due to their high absorption qualities, and they function by reducing reverberant sound pressure levels. These materials not only control and isolate unwanted noise sources but also specialize in enhancing and redirecting sound within the enclosed area. While sound-insulating materials are used in various buildings, they are particularly critical in spaces that require precise direction and flow of sound. Windows, ceilings, and floors are the most common pathways for sound transmission in multi-story or multi-unit buildings, and soundproofing materials are applied or installed in these areas to ensure sound isolation.
Soundproofing materials offer a cost-effective method of separating and containing noise within confined spaces. Various types of these substances exist, with their effectiveness determined by features such as sound wave absorption, frequency, material composition, thickness, and installation method. In commercial offices, concerns about employee comfort and the relationship between noise levels and work efficiency have driven the demand for soundproofing materials in commercial buildings. These advantages contribute to the revenue growth of the market during the forecast period.
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Major companies in the market include:
- Saint-Gobain (France)
- Knauf Insulation (Belgium)
- Armacell International (Luxembourg)
- Soprema (France)
- Rockwool International (Denmark)
- Huntsman Corporation (U.S.)
- Owens Corning (U.S.)
- Kingspan Group (Ireland)
- BASF SE (Germany)
- Johns Manville (U.S.)
- Recticel (Belgium)
Key factors driving the revenue growth of the global soundproofing materials market include:
- Improved standard of living and a significant focus on health and safety: The market’s growth is propelled by an increased demand for soundproofing materials in personal spaces such as residences and apartments. The emphasis on health and lifestyle benefits associated with noise reduction plays a crucial role in this demand. Prolonged exposure to noise has been linked to an increased prevalence of cardiovascular diseases like high blood pressure and stroke.
- Comfort in commercial spaces: The demand for soundproofing materials in commercial settings, particularly in the entertainment industry, is driven by the desire to enhance comfort levels. Continuous noise disruptions can make people uncomfortable, and the use of soundproofing materials addresses this concern.
- Enhanced comfort: The improved comfort provided by soundproofing materials is another factor contributing to the revenue growth of the market during the forecast period.
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The global soundproofing materials market has been segmented as follows:
Product Type (Revenue, USD Billion; 2019-2030)
- Glass Wool
- Rock Wool
Application Outlook (Revenue, USD Billion; 2019-2030)
- Construction & Building
- Aerospace & Defense
Regional Outlook (Revenue, USD Billion; 2019-2030)
- North America
- Rest of Europe
- South Korea
- Rest of APAC
- Latin America
- Rest of LATAM
- Middle East & Africa
- Saudi Arabia
- South Africa
- Rest of MEA
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