On the Rise: Low Frequency Sound Absorbing Insulation Material Market Aims for US$ 205 Million by 2034
The global low frequency sound absorbing insulation material market was
valued at US$ 160.7 million in 2023 and is anticipated to attain a
valuation of US$ 205 million by 2034. The market is likely to develop
at a 2.1% CAGR from 2024 to 2034, reaching a valuation of US$
167 million in 2024.
Low frequency sounds are a serious concern across
important sectors like manufacturing, aerospace, automotive and construction.
They cause problems owing to its pervasiveness which can lead to various
disorders in the work of the employees. To tackle this issue, these vulnerable
sectors have turned to low frequency sound absorbing insulation materials.
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End users are utilizing these materials to absorb
the sound waves and eventually reduce the noise pollution by converting them
into heat waves. Manufacturers are thus developing these low frequency sound
absorbing materials in such a way so as to enhance comfort and optimal
performance.
Increasing industrialization and urbanization are
two key drivers of the global low frequency sound absorbing insulation material
market. Noise pollution is making various sectors aware of its hazards, pushing
end users to opt for measures of noise control.
“Soundproofing is becoming extremely
crucial across various sectors. Sound absorbing materials like acoustic foam
panels, ultra-quiet cotton bass traps and acoustic plasterboard. Market players
are developing these materials in such a way as to reduce noise, reverberation
and sound transmission effectively,” –
says FMI analyst.
Key Takeaways from the Market
Analysis
·
The global low frequency sound
absorbing insulation material market was valued at US$ 135 million in 2019.
·
Historically, from 2019 to 2023, the
low frequency sound absorbing insulation material market garnered a CAGR of
4.5%.
·
The United States low frequency sound
absorbing insulation material ecosystem is poised to develop at a CAGR of 2.3%
over the projection period.
·
Global demand for closed-cell foams
is anticipated to expand at a 1.8% CAGR through 2034.
·
With a 1.7% CAGR until 2034, it is
likely that low frequency sound-absorbing insulation will be widely employed for
floor covering.
Competitive Landscape
To yield innovative low-frequency sound-absorbing
insulation materials, the market players are making usage of the latest
research and development initiatives.
They are expanding their product lines by utilizing
new manufacturing processes and materials which improve durability, efficiency
and cost to meet the end-user requirements for noise insulation. They are aimed
to increase the sound quality in several fields ranging from airplane
manufacturing, construction, to auto-making.
As a new player, the low frequency sound absorbing
insulation material startups target to develop market leading technologies and
materials that will be in demand in the modern day to day world.
Companies endeavor to create not only products for
general use but also different options for certain industries and applications.
Their target is to provide low-efficiency sound-absorbing insulation materials
that are new and green, but also substantially less expensive and convenient to
install.
Key Companies Profiled
·
Saint-Gobain
·
Autoneum
·
3M
·
DowDuPont Inc.
·
BASF
·
Mitsubishi Chemical Holdings
·
Wan Rui Chemical
·
Yuan Yuan Sponge Products
Key Development
·
In 2024, Saint-Gobain declared its
partnership with “Build Ahead,” a business-led alliance established by Xynteo.
It is a mission-driven advisory organization that assists the big companies in
the world in finding growth strategies that benefit both people and the
environment.
·
Through boosting the use of
low-carbon building materials in the design, construction, usage, and
end-of-life stages of real estate, construction, and infrastructure projects,
the “Build Ahead” Coalition seeks to assist India’s commitment to achieve net-zero
emissions by 2070.
Key Segments Profiled in the Low
Frequency Sound Absorbing Insulation Material Market
By Type:
·
Closed-cell Foams
·
Open-cell Foams
By Application:
·
Floor Covering
·
Underbody Cladding
·
Luggage Compartment
·
Door Trims
By Region:
·
North America
·
Latin America
·
Western Europe
·
Eastern Europe
·
South Asia and Pacific
·
East Asia
·
The Middle East & Africa
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