Market Value & Growth Projections
Market Insights:
2023 Global Market Value: USD 1,014 million
Projected Market Value (2030): USD 1,247.09 million
CAGR (2023-2030): 3.00%
Key Market Drivers:
Increasing Noise Pollution Awareness: Growing understanding of noise impact on health
Urban Development: Rising demand in urban areas for acoustic comfort
‘Sustainable Building Solutions: Adoption of multi-functional, eco-friendly materials
Stringent Noise Regulations: Particularly in developed markets
Technological Advancements: Improved sound insulation technologies
Market Segmentation
By Type
Acrylic Based
PTFE Based
Rubber Based
Others
By Application
Automotive
Marine
Appliances
Duct Work
Industrial Machinery
Others
Key Market Players
Henkel
Sika
Mascoat 3M
Regional Market Analysis
North America:
Key Countries- USA, Canada, Mexico
Europe:
Key Countries- Germany, UK, France, Russia, Italy, Rest of Europe
Asia-Pacific:
Key Countries- China, Japan, South Korea, India, Southeast Asia, Rest of Asia-Pacific
South America:
Key Countries- Brazil, Argentina, Columbia, Rest of South America
Middle East and Africa:
Key Countries- Saudi Arabia, UAE, Egypt, Nigeria, South Africa, Rest of MEA
