Worldwide Acoustic Foam Insulation Market Devices, Security Types By End-Users & By Regions 2017 Analysis and Forecast to 2022

(EstateNewsWire.com, February 15, 2018 ) Acoustic insulation or soundproofing is a technique of reducing sound transmission from one area to another. Sound or acoustic insulation is largely utilized to reduce the noise emission from automotive and industries. Foam based noise control techniques are termed as acoustic foam insulation.

Acoustic foam insulation is most favored due to its property of making stress free environment in otherwise noisy areas such as large manufacturing plants, automotive, and aerospace. Building & construction is another major area, which accounts for major demand for acoustic foam insulation. The strict regulation of government towards acoustic insulation in building is one of the key parameters driving the market demand for acoustic foam insulation.

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The demand for acoustic foam insulation is growing consistently, especially in European and Asia Pacific markets. This growth is supported by increasing "transportation" and "building & construction" sectors respectively. Currently, Europe is the global leader in the acoustic foam insulation market with Germany being center for premium transportation market. Premium transportation coupled with high standard of living and stringent regulations, Europe accounts for maximum contribution to the global acoustic foam insulation market. Asia Pacific is expected to grow with the fastest growth rate during the forecast period due to growing industrial penetration and increasing per capita income in developing countries.

From the material end, open cell polyurethane foams give high level of fire resistance which makes it suitable for the use in various construction applications. Polyether polyurethane foam is the leading material used in acoustic foam insulation due to relatively cheaper price and good sound proofing quality. Polyester polyurethane has the high cost in comparison to polyether polyurethane due to which it has relatively low market in the acoustic foam insulation market. One of the most expensive, melamine foam is growing in popularity for its light weight property, creating usage especially in aircraft and ceiling panels.

The study of the global acoustic foam insulation market provides the market size information and market trends along with the factors and parameters impacting it in both short and long term. The study ensures a 360° view, bringing out the complete key insights of the industry. These insights help the business decision makers to make better business plans and informed decisions for the future business. In addition, the study helps the venture capitalist in understanding the companies better and take informed decisions.

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According to Infoholic Research, the Global Acoustic Foam Insulation market is expected to grow at a CAGR of 5.9% during the forecast period to reach $7.80 billion by 2022. Industrial applications segment is expected to maintain global dominance in application segments, whereas China and India driven Asia Pacific region is expected to increase its regional share in global acoustic foam insulation. Some of the key players in acoustic foam insulation are BASF, Techlite, PolyOne Corporation, and Dow Chemicals.

Table of Contents

1 Report Outline 13

1.1 Introduction 13

1.2 Report Scope 13

1.3 Market Definition 13

1.4 Research Methodology 13

1.4.1 Data Collation & In-House Estimation 14

1.4.2 Market Triangulation 14

1.4.3 Forecasting 15

1.5 Study Declarations 16

1.6 Report Assumptions 16

1.7 Stakeholders 16

2 Executive Summary 17

2.1 Europe Continue to Dominate the Acoustic Foam Insulation Market 17

2.2 Building & Construction Increasing its Lead with High Growth Coming from Developing Countries 17

3 Market Positioning 18

3.1 Total Addressable Market (TAM) : Acoustic Insulation 18

3.1.1 Market Overview 19

3.1.2 Major Trends 19

3.2 Segmented Addressable Market (SAM) 19

3.3 Related Markets 19

4 Market Outlook 21

4.1 Overview 21

4.2 Value Chain Analysis 21

4.3 PESTLE Analysis 22

4.4 Porter 5 (Five) Forces 22

4.5 Patent Analysis 23

5 Market Characteristics 25

5.1 Market Segmentation 25

5.2 Market Dynamics 25

5.2.1 Drivers 26

5.2.1.1 Stringent government regulations for noise control in the developed countries 26

5.2.1.2 Increasing penetration in developing countries 26

5.2.2 Restraints 26

5.2.2.1 Low penetration in underdeveloped countries 26

5.2.2.2 Slow economic growth in developed countries 27

5.2.3 Opportunities 27

5.2.3.1 Large untapped market in developing and underdeveloped countries 27

5.2.3.2 Development of green building products 27

5.2.4 DRO - Impact Analysis 27

6 Materials: Market Size and Analysis 29

6.1 Overview 29

6.2 Polyether Polyurethane Material 30

6.3 Polyester Polyurethane Material 32

6.4 Melamine Material 33

6.5 Vendor Profiles 35

6.5.1 PolyOne Corporation 35

6.5.2 BASF SE 41

6.5.3 SINOYQX 47

6.5.4 Huntsman Corporation 51

6.5.5 K-Flex 56

6.5.6 3M Company 60

6.5.7 Dow Chemical Company 65

(Overview,Business unit,Geographic revenue, Product profile, Recent developments,Business focus, SWOT analysis and Business strategy are covered for all the vendors)

7 Application: Market Size and Analysis 69

7.1 Overview 69

7.2 Building & Construction Application 70

7.3 Transportation Application 71

7.4 Industrial Application 73

7.5 Customer Profile 74

7.5.1 Siemens AG 74

7.5.2 Boeing Corporation 82

7.5.3 Bechtel Corporation 88

7.5.4 Fiat Chrysler Automobiles N.V. 91

7.5.5 General Electric Company (GE) 96

(Overview,Business unit,Geographic revenue, Product profile, Recent developments,Business focus, SWOT analysis and Business strategy are covered for all the customers)

8 Regions: Market Size and Analysis 101

8.1 Overview 101

8.2 Asia Pacific 103

8.2.1 Asia Pacific Market, By Countries 103

8.2.2 Asia Pacific Market, By Application 104

8.2.3 Asia Pacific Market, By Material 105

8.3 Europe 107

8.3.1 Europe Market, By Country 107

8.3.2 Europe Market, By Application 108

8.3.3 Europe Market, By Material 110

8.4 North America 111

8.4.1 North America Market, By Countries 112

8.4.2 North America Market, By Application 113

8.4.3 North America Market, By Material 114

8.5 Rest of the World 116

8.5.1 Rest of the World Market, By Application 117

8.5.2 Rest of the World Market, By Material 119

9 Companies to Watch for 121

9.1 3M Company 121

9.2 Acoustical Surfaces, Inc. 121

9.2.1 Overview 121

9.2.2 Creation of New Application for Acoustic Foam Insulation 121

10 Competitive Landscape 122

10.1 Competitor Comparison Analysis 122

10.2 Market Landscape 122

10.2.1 Mergers, Acquisitions & Joint Ventures 123

10.2.2 Expansion 124

10.2.3 Exhibition & Product Launch 125

10.2.4 Restructuring & Repositioning 126

10.2.5 Divestment & Divestiture 127

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