UK Building Acoustic Insulation Market Size & Outlook
UK building acoustic insulation market, 2018-2030 (US$M)
Related Markets
UK building acoustic insulation market highlights
- The UK building acoustic insulation market generated a revenue of USD 221.1 million in 2022 and is expected to reach USD 306.3 million by 2030.
- The UK market is expected to grow at a CAGR of 4.2% 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 221.1 million |
| Market revenue in 2030 | USD 306.3 million |
| Growth rate | 4.2% (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, UK accounted for 4.9% 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 Europe, Germany building acoustic insulation market is projected to lead the regional market in terms of revenue in 2030.
- France is the fastest growing regional market in Europe and is projected to reach USD 349.6 million by 2030.
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Building Acoustic Insulation Market Scope
Building Acoustic Insulation Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
UK 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 42.74% in 2022. Horizon Databook has segmented the UK building acoustic insulation market based on glass wool, rock wool, foamed plastics covering the revenue growth of each sub-segment from 2018 to 2030.
In the UK, modular construction activities are gaining popularity as they have emerged as viable methods for constructing affordable homes. The number of residential and non-residential buildings in the country is increasing owing to its continuously growing population and housing unit shortage.
The top construction companies, investors, and developers in the UK are exploring acoustic insulation products and solutions to gain a competitive edge. As the government of the country plans to construct approximately 300,000 new homes per year from 2022 will continue till 2025 to address the issue of shortage of housing units, it is expected to fuel the growth of building acoustic insulation market in the UK in the coming years.
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Target buyers of UK 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 UK building acoustic insulation market , including forecasts for subscribers. This country databook contains high-level insights into UK building acoustic insulation market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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UK building acoustic insulation market size, by product, 2018-2030 (US$M)
UK Building Acoustic Insulation Market Outlook Share, 2022 & 2030 (US$M)
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