The acoustic insulation market of North America is estimated to register a CAGR of 4.81% over the forecast period of 2020-2028. The market owes its growth to the rising construction industry in the region. Increasing commercial infrastructure construction, repair of old construction, and economic recovery are boosting the market growth. The acoustic insulation market of North America is researched through the countries of the USA and Canada. The USA is one of the largest markets for acoustic insulation globally. The large size of the construction industry is pivotal in creating a significant demand for acoustics, growing at a steady growth rate, and is predicted to grow at a rate of 4.5% through the forecast period.

NORTH AMERICA ACOUSTIC INSULATION MARKET FORECAST 2020-2028

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Report Summary

The acoustic insulation market of North America is estimated to register a CAGR of 4.81% over the forecast period of 2020-2028. The market owes its growth to the rising construction industry in the region. Increasing commercial infrastructure construction, repair of old construction, and economic recovery are boosting the market growth.

NORTH AMERICA ACOUSTIC INSULATION MARKETThe acoustic insulation market of North America is researched through the countries of the USA and Canada. The USA is one of the largest markets for acoustic insulation globally. The large size of the construction industry is pivotal in creating a significant demand for acoustics, growing at a steady growth rate, and is predicted to grow at a rate of 4.5% through the forecast period. The spendings on the commercial construction industry are anticipated to grow at more than 4% annually. The number of hospitals is expected to increase with more healthcare expenditure in the country. The disposable income of consumers increased owing to favorable economic conditions leading to increased demand for electric vehicles in the country. The experience of driving high-end electric vehicles and low-cost vehicles is made enjoyable by installing adequate acoustic insulate layers. Production recorded a growth rate of 1.1% in 2018 compared to 2017.However, a declining trend in car production is predicted over the next three years, which will create problems for the country’s demand for acoustic insulation in automotive applications. The United States has the largest aerospace industry in the world. The market for acoustic insulation is expected to grow owing to growing demand from construction and aerospace industries.

Cabot Corporation, headquartered in Boston, Massachusetts, the US, is a chemicals company that produces and sells specialty chemicals and performance materials. The company has presence across Europe, Asia Pacific, America, Africa, and the Middle East.

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    Table of Contents

    1. RESEARCH SCOPE & METHODOLOGY
      • STUDY OBJECTIVES
      • SCOPE OF STUDY
      • METHODOLOGY
      • ASSUMPTIONS & LIMITATIONS
    2. EXECUTIVE SUMMARY
      • MARKET SIZE & ESTIMATES
      • MARKET OVERVIEW
    3. MARKET DYNAMICS
      • MARKET DEFINITION
      • KEY DRIVERS
        • GOVERNMENT REGULATIONS FOR CURBING NOISE POLLUTION
        • RISING INTEREST OF CONSUMERS FOR RESIDENTIAL AND COMMERCIAL SECTORS
        • RISE IN ENERGY EFFICIENCY
      • KEY RESTRAINTS
        • SLOWDOWN OF INDUSTRIAL GROWTH IN DEVELOPED COUNTRIES
        • DECLINE IN AUTOMOTIVE INDUSTRY
        • MAINTAINING IDEAL WEIGHT FOR INSULATING MATERIAL
    1. KEY ANALYTICS
      • KEY INVESTMENT INSIGHTS
      • PORTER’S FIVE FORCE ANALYSIS
        • BUYER POWER
        • SUPPLIER POWER
        • SUBSTITUTION
        • NEW ENTRANTS
        • INDUSTRY RIVALRY
      • OPPORTUNITY MATRIX
      • VENDOR LANDSCAPE
    2. MARKET BY TYPE
      • STONE WOOL
      • GLASS WOOL
      • FOAMED PLASTIC
      • AEROGEL AND CELLULOSE
      • OTHER TYPES
    3. MARKET BY END USER
      • BUILDING AND CONSTRUCTION
      • TRANSPORTATION
      • INDUSTRIAL
      • OTHER END USERS
    4. GEOGRAPHICAL ANALYSIS
      • NORTH AMERICA
        • UNITED STATES
        • CANADA
    1. COMPANY PROFILES
      • ARMACELL LLC
      • BASF SE
      • CABOT CORPORATION
      • JOHNS MANVILLE CORPORATION
      • LANXNESS AG
      • OWENS CORNING
      • SAINT-GOBAIN CORPORATION
      • CELLECTA
      • CSR BUILDING PRODUCTS LTD.
      • DYNAMIC COMPOSITE TECHNOLOGIES
      • FLETCHER BUILDING LTD.
      • KINGSPAN GROUP LTD.
      • KNAUF INSUALTION
      • ROCKWOOL INTERNATIONAL A/S
      • L’ISOLANTE K-FLEX SPA

    LIST OF TABLES

    TABLE 1: MARKET SNAPSHOT – ACOUSTIC INSULATION

    TABLE 2: NORTH AMERICA ACOUSTIC INSULATION MARKET, BY TYPE, HISTORICAL YEARS, 2016-2019 (IN $ MILLION)

    TABLE 3: NORTH AMERICA ACOUSTIC INSULATION MARKET, BY TYPE, FORECAST YEARS, 2020-2028 (IN $ MILLION)

    TABLE 4: NORTH AMERICA ACOUSTIC INSULATION MARKET, BY END USER, HISTORICAL YEARS, 2016-2019 (IN $ MILLION)

    TABLE 5: NORTH AMERICA ACOUSTIC INSULATION MARKET, BY END USER, FORECAST YEARS, 2020-2028 (IN $ MILLION)

    TABLE 6: NORTH AMERICA ACOUSTIC INSULATION MARKET, BY COUNTRY, HISTORICAL YEARS, 2016-2019 (IN $ MILLION)

    TABLE 7: NORTH AMERICA ACOUSTIC INSULATION MARKET, BY COUNTRY, FORECAST YEARS, 2020-2028 (IN $ MILLION)

    LIST OF FIGURES

    FIGURE 1: KEY INVESTMENT INSIGHTS

    FIGURE 2: PORTER’S FIVE FORCE ANALYSIS

    FIGURE 3: OPPORTUNITY MATRIX

    FIGURE 4: VENDOR LANDSCAPE

    FIGURE 5: NORTH AMERICA ACOUSTIC INSULATION MARKET, GROWTH POTENTIAL, BY TYPE, IN 2019

    FIGURE 6: NORTH AMERICA ACOUSTIC INSULATION MARKET, STONE WOOL, 2020 -2028 (IN $ MILLION)

    FIGURE 7: NORTH AMERICA ACOUSTIC INSULATION MARKET, GLASS WOOL, 2020-2028 (IN $ MILLION)

    FIGURE 8: NORTH AMERICA ACOUSTIC INSULATION MARKET, FOAMED PLASTIC, 2020-2028 (IN $ MILLION)

    FIGURE 9: NORTH AMERICA ACOUSTIC INSULATION MARKET, AEROGEL AND CELLULOSE, 2020-2028 (IN $ MILLION)

    FIGURE 10: NORTH AMERICA ACOUSTIC INSULATION MARKET, OTHER TYPES, 2020 -2028 (IN $ MILLION)

    FIGURE 11: NORTH AMERICA ACOUSTIC INSULATION MARKET, GROWTH POTENTIAL, BY END USER, IN 2019

    FIGURE 12: NORTH AMERICA ACOUSTIC INSULATION MARKET, BUILDING AND CONSTRUCTION, 2020-2028 (IN $ MILLION)

    FIGURE 13: NORTH AMERICA ACOUSTIC INSULATION MARKET, BY TRANSPORTATION, 2020-2028 (IN $ MILLION)

    FIGURE 14: NORTH AMERICA ACOUSTIC INSULATION MARKET, BY INDUSTRIAL, 2020-2028 (IN $ MILLION)

    FIGURE 15: NORTH AMERICA ACOUSTIC INSULATION MARKET, BY OTHER END USERS, 2020-2028 (IN $ MILLION)

    FIGURE 16: NORTH AMERICA ACOUSTIC INSULATION MARKET, REGIONAL OUTLOOK, 2019 & 2028 (IN %)

    FIGURE 17: UNITED STATES ACOUSTIC INSULATION MARKET, 2020-2028 (IN $ MILLION)

    FIGURE 18: CANADA ACOUSTIC INSULATION MARKET, 2020-2028 (IN $ MILLION)

    Segmentation

    1. GEOGRAPHICAL ANALYSIS
      • NORTH AMERICA
        • UNITED STATES
        • CANADA
    1. MARKET BY TYPE
      • STONE WOOL
      • GLASS WOOL
      • FOAMED PLASTIC
      • AEROGEL AND CELLULOSE
      • OTHER TYPES
    2. MARKET BY END USER
      • BUILDING AND CONSTRUCTION
      • TRANSPORTATION
      • INDUSTRIAL
      • OTHER END USERS

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