Lucintel Forecasts the Global Acoustic Insulation Market to Reach$17.2 billion by 2030
Lucintel Forecasts the Global Acoustic Insulation Market to Reach$17.2 billion by 2030
Blog Article
According to a market report by Lucintel, the future of the global acoustic insulation market looks promising with opportunities in the building & construction, industrial, and transportation markets. The global acoustic insulation market is expected to reach an estimated $17.2 billion by 2030 from $13.8 billion in 2024,at a CAGR of 3.7% from 2024 to 2030. The major drivers for this market are increasing health concerns linked to noise pollution and the rising need for acoustic insulation in industrial sectors.
A more than 150-page report to understand trends, opportunity and forecast in acoustic insulation market to 2030 by material type (stone wool, glass wool, plastic foam, and others), end use industry (building & construction, industrial, transportation, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World).
Lucintel forecasts that, within the material type category plastic foam is expected to witness the highest growth over the forecast period.
Within the application category, building construction is expected to witness the highest growth over the forecast period.
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In terms of regions, APAC is expected to witness the highest growth over the forecast period.
Qorvo, Microchip Technology, Broadcom, Analog Devices, Infineon Technologies, Sumitomo Electric Industries, Win Semiconductors are the major suppliers in the acoustic insulation market.
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at helpdesk@lucintel.comTo get access of more than 1000 reports at fraction of cost visit Lucintel'sAnalytics Dashboard.
About Lucintel
At Lucintel, we offer solutions for you growth through game changer ideas and robust market &unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. +1-972-636-5056
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