Global Building Acoustic Insulation Materials Market Overview:
Building acoustic insulation materials consist of noise barrier and sound absorber materials, where various types of materials are used for this purpose including foam, glass wool, rock wool, polystyrene, and others. This type of insulation material controls sound transmission from one place to another. The acoustic materials are used in residential, commercial, and industrial applications. Materials are used in panels, ceilings, batts, walls for creating a barrier and minimizing the sounds entering and exiting the area.
- Demand for the Noise Absorption and Vibration Free Building Materials to Protect Against the Loss of Sleep and Heath Problems Due to Noise Exposure
- Growing Demand for the Advanced Building and Construction Materials
- Increasing Use of Building Acoustic Insulation Materials in Residential Buildings
- High Cost Associated with the Installation of Building Acoustic Insulation Materials Building Products
- Growing Awareness about the Sustainable Building Acoustic Insulation Materials
- Demand from Developing Nation for Building Acoustic Insulation Materials is Rising
- Slow Moving Growth of the Construction Industry will Hinder the Building Acoustic Insulation Materials Market
Some of the key players profiled in the report are Rockwool International A/S (Denmark), Saint-Gobain (France), Knauf Gips KG (Germany), Owens Corning (United States), BASF SE (Germany), K-FLEX (Italy), Armacell (Germany), Fletcher Building Limited (New Zealand) and ArtUSA Industries, Inc (United States). Considering Market by Sales Channel, the sub-segment i.e. Offline Retail will boost the Building Acoustic Insulation Materials market. Considering Market by Material, the sub-segment i.e. Foam will boost the Building Acoustic Insulation Materials market.
On 6th February 2020, ROCKWOOL announced it has acquired Parocís acoustic ceilings business, which operates under the sub-brand of Parafon. Paroc is a subsidiary of Owens Corning. Like Rockfon, Parafon manufactures stone wool-based acoustic solutions for walls and ceilings. The roughly 60 Parafon employees are based in Sweden and Finland, where the company is known for its quality and strong brand.
"According to Soundproofing regulation, Part E (Resistance to Sound) of the Building Regulations sets out the soundproofing standards for new homes and conversions. It deals with dividing walls and floors and also requires some sound insulation internally to protect bedrooms from noise. The Regs, which cover England and Wales, are split into two sections: E1 looks at protection from noise from adjoining buildings including flats, terraces, and semis, and E2 deals with sound transmission within the home itself. The Regulations also divide sound into airborne sound and impact sound: The minimum level of airborne sound resistance for dividing walls or floors between homes is 45dB (decibels) in new builds and 43dB in conversion projects."
Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**
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The top-down and bottom-up approaches are used to estimate and validate the size of the Global Building Acoustic Insulation Materials market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Building Acoustic Insulation Materials market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Building Acoustic Insulation Materials Manufacturers, Building Acoustic Insulation Materials International Traders, Building Acoustic Insulation Materials Distributors and Suppliers, Research and Development Institutes, Potential Investors, Regulatory Bodies, Upstream and Downstream Buyers and Others.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.