Market Overview:
The global noise reducing coatings market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing awareness about the benefits of using noise reducing coatings, and the growing demand for these coatings from various end-use industries. Based on type, the global noise reducing coatings market can be segmented into acrylic based, PTFE based, rubber based, and others. Of these segments, acrylic based is expected to account for a major share of the global noise reducing coatings market during the forecast period. This segment is projected to grow at a CAGR of 6% during 2018-2030 owing to its properties such as high durability and resistance against weathering conditions. Based on application,the global noise reducing coatings market can be divided into residence, commercial buildings,, automobile,, marine industry,, and others (including railway coaches & wagons). Among these applications segments,. automotive sector is anticipated witness highest growth rate over next decade due stringent emission norms by regulatory agencies across globe . In terms revenue ,residence application will hold lion’s share in near future . Regionally,. North America accounted for majority share in 2017 and it will continue dominate throughout forecast period .
Product Definition:
Noise reducing coatings are a type of insulation that is applied to the outside of a building in order to reduce noise levels. This type of coating is important because it can help to improve the overall quality of life for people who live or work in close proximity to noisy areas.
Acrylic Based:
Acrylic-based coatings are widely used in the noise reducing coating market on account of their excellent properties such as abrasion and solvent resistance, high gloss finish, UV protection and anti-corrosion. Acrylic resins based products have witnessed a significant increase in demand over the past few years owing to growing end-use industries including construction, automotive & transportation.
The global acrylic based noise reducing coatings market size was estimated at USD 1.61 billion in 2015.
PTFE Based:
Noise reducing coatings are used in various applications such as automotive, aerospace and defense, industrial equipment, HVAC& Heating Ventilation and Air Conditioning (HVAC), consumer goods. PTFE based noise reduction coating is widely used in the aforementioned application owing to its excellent properties such as abrasion resistance chemical inertness heat resistance high tensile strength low coefficient of friction surface hardness flexibility corrosion resistance UV light transparency.
Application Insights:
The commercial buildings application segment accounted for the largest revenue share of over 40% in 2017. The demand is expected to be driven by rising applications in construction and insulation of commercial buildings. Increasing use of the product in soundproofing walls, ceilings, and doors in offices, retail stores and shopping malls will further propel market growth over the forecast period.
Residential construction is projected to witness significant growth owing to increasing urbanization across various regions coupled with favorable government policies regarding housing infrastructure development such as ¢â‚¬Å“Housing For All¢â‚¬ initiative taken up by India's Prime Minister Narendra Modi will boost residential building activities thereby augmenting demand for NCR coating globally. In addition, growing awareness among consumers regarding energy efficiency coupled with rising concerns about acoustic comfort at home will drive product consumption further driving overall industry growth during the forecast period.
Regional Analysis:
Asia Pacific dominated the global market in terms of revenue with a share of over 40.0% in 2017. This is attributed to increasing foreign investments and favorable government policies implemented for infrastructural development across emerging economies, such as China and India. The growing construction industry due to rapid urbanization is also expected to drive product demand over the forecast period.
North America accounted for a significant share followed by Europe which collectively held around 50% shares in 2017 owing both volume as well as revenue generation based on application segmentation i.e., residential sector holds majority shares followed by commercial buildings sector which includes offices spaces hotels etc.).
Growth Factors:
- Increasing awareness about the benefits of noise reducing coatings among consumers and industries
- Growing demand for noise reducing coatings from automotive and construction industries
- Rising popularity of eco-friendly and sound-proofing products
- Technological advancements in the manufacturing of noise reducing coatings
- Growing number of research and development activities for developing innovative noise reduction technologies
Scope Of The Report
Report Attributes
Report Details
Report Title
Noise Reducing Coatings Market Research Report
By Type
Acrylic Based, PTFE Based, Rubber Based, Others
By Application
Residence, Commercial Buildings, Automobile, Marine Industry, Others
By Companies
Sika, Mascoat, Acoustical Surfaces, Inc., 3M, BASF, Dow, PPG, LORD(Parker Hannifin), Miba, Daubert Chem, PABCO Gypsum, Auson, Verotek BV, Grandland Paint
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
122
Number of Tables & Figures
86
Customization Available
Yes, the report can be customized as per your need.
Global Noise Reducing Coatings Market Report Segments:
The global Noise Reducing Coatings market is segmented on the basis of:
Types
Acrylic Based, PTFE Based, Rubber Based, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Residence, Commercial Buildings, Automobile, Marine Industry, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Sika
- Mascoat
- Acoustical Surfaces, Inc.
- 3M
- BASF
- Dow
- PPG
- LORD(Parker Hannifin)
- Miba
- Daubert Chem
- PABCO Gypsum
- Auson
- Verotek BV
- Grandland Paint
Highlights of The Noise Reducing Coatings Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Acrylic Based
- PTFE Based
- Rubber Based
- Others
- By Application:
- Residence
- Commercial Buildings
- Automobile
- Marine Industry
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Noise Reducing Coatings Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Noise reducing coatings are a type of coating that reduce the amount of noise that is produced when something is moved. This can be helpful in situations where there is a lot of noise being made, such as when someone is working on a machine or when there are cars driving by.
Some of the key players operating in the noise reducing coatings market are Sika, Mascoat, Acoustical Surfaces, Inc., 3M, BASF, Dow, PPG, LORD(Parker Hannifin), Miba, Daubert Chem, PABCO Gypsum, Auson, Verotek BV, Grandland Paint.
The noise reducing coatings market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Noise Reducing Coatings Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Noise Reducing Coatings Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Noise Reducing Coatings Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Noise Reducing Coatings Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Noise Reducing Coatings Market Size & Forecast, 2018-2028
4.5.1 Noise Reducing Coatings Market Size and Y-o-Y Growth
4.5.2 Noise Reducing Coatings Market Absolute $ Opportunity
Chapter 5 Global Noise Reducing Coatings Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Noise Reducing Coatings Market Size Forecast by Type
5.2.1 Acrylic Based
5.2.2 PTFE Based
5.2.3 Rubber Based
5.2.4 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Noise Reducing Coatings Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Noise Reducing Coatings Market Size Forecast by Applications
6.2.1 Residence
6.2.2 Commercial Buildings
6.2.3 Automobile
6.2.4 Marine Industry
6.2.5 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Noise Reducing Coatings Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Noise Reducing Coatings Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Noise Reducing Coatings Analysis and Forecast
9.1 Introduction
9.2 North America Noise Reducing Coatings Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Noise Reducing Coatings Market Size Forecast by Type
9.6.1 Acrylic Based
9.6.2 PTFE Based
9.6.3 Rubber Based
9.6.4 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Noise Reducing Coatings Market Size Forecast by Applications
9.10.1 Residence
9.10.2 Commercial Buildings
9.10.3 Automobile
9.10.4 Marine Industry
9.10.5 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Noise Reducing Coatings Analysis and Forecast
10.1 Introduction
10.2 Europe Noise Reducing Coatings Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Noise Reducing Coatings Market Size Forecast by Type
10.6.1 Acrylic Based
10.6.2 PTFE Based
10.6.3 Rubber Based
10.6.4 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Noise Reducing Coatings Market Size Forecast by Applications
10.10.1 Residence
10.10.2 Commercial Buildings
10.10.3 Automobile
10.10.4 Marine Industry
10.10.5 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Noise Reducing Coatings Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Noise Reducing Coatings Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Noise Reducing Coatings Market Size Forecast by Type
11.6.1 Acrylic Based
11.6.2 PTFE Based
11.6.3 Rubber Based
11.6.4 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Noise Reducing Coatings Market Size Forecast by Applications
11.10.1 Residence
11.10.2 Commercial Buildings
11.10.3 Automobile
11.10.4 Marine Industry
11.10.5 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Noise Reducing Coatings Analysis and Forecast
12.1 Introduction
12.2 Latin America Noise Reducing Coatings Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Noise Reducing Coatings Market Size Forecast by Type
12.6.1 Acrylic Based
12.6.2 PTFE Based
12.6.3 Rubber Based
12.6.4 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Noise Reducing Coatings Market Size Forecast by Applications
12.10.1 Residence
12.10.2 Commercial Buildings
12.10.3 Automobile
12.10.4 Marine Industry
12.10.5 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Noise Reducing Coatings Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Noise Reducing Coatings Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Noise Reducing Coatings Market Size Forecast by Type
13.6.1 Acrylic Based
13.6.2 PTFE Based
13.6.3 Rubber Based
13.6.4 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Noise Reducing Coatings Market Size Forecast by Applications
13.10.1 Residence
13.10.2 Commercial Buildings
13.10.3 Automobile
13.10.4 Marine Industry
13.10.5 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Noise Reducing Coatings Market: Competitive Dashboard
14.2 Global Noise Reducing Coatings Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Sika
14.3.2 Mascoat
14.3.3 Acoustical Surfaces, Inc.
14.3.4 3M
14.3.5 BASF
14.3.6 Dow
14.3.7 PPG
14.3.8 LORD(Parker Hannifin)
14.3.9 Miba
14.3.10 Daubert Chem
14.3.11 PABCO Gypsum
14.3.12 Auson
14.3.13 Verotek BV
14.3.14 Grandland Paint
