China Building Acoustic Insulation Market Size & Outlook
China building acoustic insulation market, 2018-2030 (US$M)
Related Markets
China building acoustic insulation market highlights
- The China building acoustic insulation market generated a revenue of USD 715.2 million in 2022 and is expected to reach USD 1,118.6 million by 2030.
- The China market is expected to grow at a CAGR of 5.8% from 2023 to 2030.
- In terms of segment, foamed plastics was the largest revenue generating product in 2022.
- Rock Wool is the most lucrative product segment registering the fastest growth during the forecast period.
Building acoustic insulation market data book summary
| Market revenue in 2022 | USD 715.2 million |
| Market revenue in 2030 | USD 1,118.6 million |
| Growth rate | 5.8% (CAGR from 2022 to 2030) |
| Largest segment | Foamed plastics |
| Fastest growing segment | Rock Wool |
| Historical data | 2018 - 2021 |
| Base year | 2022 |
| Forecast period | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Glass Wool, Rock Wool, Foamed Plastics |
| Key market players worldwide | Compagnie de Saint-Gobain SA, Rockwool AS Class B, Kingspan Group PLC, Basf SE, Johns Manville, Owens-Corning Inc, Armacell, Knauf, Fletcher Building Ltd, Cellectar Biosciences Inc |
Other key industry trends
- In terms of revenue, China accounted for 15.8% of the global building acoustic insulation market in 2022.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China building acoustic insulation market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 397.4 million by 2030.
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Building Acoustic Insulation Market Scope
Building Acoustic Insulation Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
China building acoustic insulation market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to building acoustic insulation market will help companies and investors design strategic landscapes.
Foamed plastics was the largest segment with a revenue share of 45.78% in 2022. Horizon Databook has segmented the China building acoustic insulation market based on glass wool, rock wool, foamed plastics covering the revenue growth of each sub-segment from 2018 to 2030.
Building acoustic insulation has gained traction in the country owing to the rapid economic development, rising labor costs, the quality & affordability of homes, innovations in construction technologies, and promotion of national policies.
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Target buyers of China building acoustic insulation market databook
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Our clientele includes a mix of building acoustic insulation market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the China building acoustic insulation market , including forecasts for subscribers. This country databook contains high-level insights into China building acoustic insulation market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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China building acoustic insulation market size, by product, 2018-2030 (US$M)
China Building Acoustic Insulation Market Outlook Share, 2022 & 2030 (US$M)
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