Sound Insulation Industry Continuing to Grow On a Global Scale

With a prolonged worldwide focus on energy efficiency and reducing carbon emissions it is not surprising that there is a huge market within industries such as building and construction for anything that promotes sustainability and a greener planet. Here the insulation industry has had an important role to play in creating homes that are warmer in winter and cooler in summer, without the excessive use of HVAC systems. Thermal insulation provides a barrier that resists the transfer of heat in cold and hot weather resulting in more comfortable homes, reduced energy consumption and lower energy bills.
However, it seems that it is not only a goal of reducing carbon emissions that has been driving the insulation industry and studies suggest that the demand for sound insulation is also growing on a global scale. New independent research predicts that commercial building will lead the growth, followed by residential construction, industry applications and aviation.
Unbiased and Informative Industry Intelligence
BCC Research regularly publishes independent market research reports which contain insight that can help to guide the decision making of organizations and lead to positive business outcomes. By collaborating with industry experts on an international level, BCC Research is able to provide balanced measurements and accurate assessments of global markets including main industrial and technology sectors. One of its latest reports states that the catalysts driving the acoustic insulation market are health concerns, government legislation and a growing demand for transport.
Predicts Compound Annual Growth of Over Six Percent Until 2022
BCC Research analyst and report author Aneesh Kumar claims that the growth of greener buildings can be attributed to increasing wealth amongst middle class consumers. “Rising consumer affluence among middle-class populations in various nations has driven a surge in sustainable building structures,” said Mr Kumar. “Industries, gyms and workout centers, shipbuilding segments, control rooms, and cabinets all hold potential opportunities for growth of the insulation industry. The availability of economical raw materials and government initiatives in a region are expected to drive the demand for acoustic insulation globally.” The report estimates that the compound annual growth rate of the industry will be at least 6 per cent through to 2022.
Pricewise Insulation Enthusiastic About Prospects of Increasing Demand

Pricewise Insulation is a leading insulation retailer in Australia and New Zealand. “We’ve known about the detrimental effects noise pollution can have on health and well-being for quite some time, and that sound insulation can contribute to an overall quieter environment. It’s exciting to see that this is becoming more widely recognised and that the demand for sound insulation is growing,” says Paul van Oord, managing director of Pricewise Insulation. Mr van Oord also welcomes government initiatives that promote acoustic health and is excited that the Asia Pacific region is expected to lead the market in terms of both size and growth. “The fact that governments are striving to limit noise pollution is great news for our communities. The acoustic insulation industry now has a responsibility to ramp up production and keep up with increasing demand.”

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