Acoustic insulation is a soundproofing technique that attempts to minimize or prevent sound from entering or escaping an enclosed space by creating a barrier between the interior and exterior areas. It reduces the sound emitted from structures of a room and acoustic reverberation. Acoustic designing is one of the most complex side of architecture and construction used to develop insulation systems to achieve appropriate acoustic quality of the buildings.

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The global acoustic insulation market is expected to showcase a significant growth during the forecast period (2017-2023). The growing demand for sound barriers in commercial buildings and residential buildings in the U.S. is expected to grow the acoustic insulation market for acoustic insulations in the country. Additionally, the renovation policies for the buildings in the U.S. is further expected to drive the acoustic insulation market for sound barriers; however, the declining trend of the construction industry in European Union is expected to hinder the growth of the market during the forecast period.

The acoustic insulation market for acoustic insulation is segmented on the basis of type as mineral wool, recycled products, plastic foams and natural acoustic insulations. The mineral wool segment comprising glass wool and stone wool dominated the market in 2016 owing to their relative small size and the ease of implementing it on the small pockets of walls and ceilings.

The key trend observed in the acoustic insulation market is the continuous increase in awareness regarding noise pollution. Health awareness and rising standard of living are likely to have a notable impact on the global acoustic insulation industry growth. Additionally, human health and efficiency is pertaining to the noise level in the work environment, which highlights the importance of sound barriers. Increasing concern for employee comfort levels has triggered the demand for noise cancelling materials in corporates.

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The major restraint observed in the study includes the declining construction industry in the European countries. The financial crisis owing to Brexit had drastic impact on the economy of Europe especially on the construction sector. The impacts of the crisis differed widely by countries, but the overall construction industry faced a collapse which in turn, effected the growth of acoustic insulation market in the region.

The global acoustic insulation market has a lot of potential scope in it. The major players in the acoustic insulation market are adopting significant competitive strategies such as merger, acquisitions and joint ventures to hold a competitive stance in the global acoustic insulation market. Manufactures in the industry are undergoing continuous R&D to come up with cutting-edge advancement in the industry.

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