Middle East & Africa Building Acoustic Insulation Market Size & Outlook
Middle East & Africa building acoustic insulation market, 2018-2030 (US$M)
Related Markets
MEA building acoustic insulation market highlights
- The MEA building acoustic insulation market generated a revenue of USD 331.1 million in 2022.
- The market is expected to grow at a CAGR of 5% 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.
- Country-wise, UAE is expected to register the highest CAGR from 2023 to 2030.
MEA data book summary
| Market revenue in 2022 | USD 331.1 million |
| Market revenue in 2030 | USD 490.9 million |
| Growth rate | 5% (CAGR from 2022 to 2030) |
| Largest segment | Foamed plastics |
| Fastest growing segment | Rock Wool |
| Historical data covered | 2018 - 2021 |
| Base year for estimation | 2022 |
| Forecast period covered | 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, MEA region accounted for 7.3% of the global building acoustic insulation market in 2022.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 2,624.5 million by 2030.
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Building Acoustic Insulation Market Scope
Building Acoustic Insulation Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Middle East & Africa 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 44% in 2022. Horizon Databook has segmented the Middle East & Africa building acoustic insulation market based on glass wool, rock wool, foamed plastics covering the revenue growth of each sub-segment from 2018 to 2030.
The growth is attributed to rapid urbanization in Saudi Arabia and the U.A.E. These countries are experiencing rapid urbanization and population growth, which has triggered the demand for affordable and cost-efficient housing, which is propelling the demand for building acoustic insulation in the region.
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Target buyers of Middle East & Africa 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 continent-level data and insights on the Middle East & Africa building acoustic insulation market , including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa building acoustic insulation market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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MEA building acoustic insulation market size, by country, 2018-2030 (US$M)
Middle East & Africa Building Acoustic Insulation Market Outlook Share, 2022 & 2030 (US$M)
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