Impact Sound Insulation Acoustic Mat Market Estimation, Global Share, Industry Outlook, Price Trend, Growth Opportunity and Top Regional Forecast

The impact sound insulation acoustic mat market will observe substantial growth owing to the increasing use in industrial, commercial and residential sector owing to its ability to curb structure-borne sounds caused by impact or vibrations. Acoustic mat system provides impact insulation sound for all kinds of new or prevailing floor surfaces. The durable surface of the product also provides protection in high traffic areas as well.
Impact sound insulation acoustic mat market is bifurcated in terms of materials, application, and regional landscape.
Based on material, the impact sound insulation acoustic mat market is classified into cork, foam, rubber, and others. The foam material segment was the second largest segment in 2019 and will continue to show appreciative growth over the forecast period. The foam segment held a share of over 30% in 2019 and shall exhibit a CAGR of over 6% over the projected time period.
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Cork segment held a market share of 2% in 2019 and shall grow at a CAGR of over 5.2% over the forecast timeframe. Cork is generally used in offices, homes, and other buildings to efficiently decrease acoustic transmission through floors, and walls. The material absorbs the mid to upper frequency ranges and also stops noise transmission and echo. It is known as an exceptional insulator. In addition, cork-based floor mat for homes and offices is mildew-resistant, and moisture-resistant, thereby providing cushioning for longer periods of standing.
The other segment held a market share of over 3% and is projected to grow at a CAGR of over 6% over the forthcoming timeframe.
In terms of application, the overall impact sound insulation acoustic mat market is segmented in terms of industrial, commercial, and residential. The industrial application segment held a market share of over 6% and is projected to grow at a CAGR of 7% over the analysis period.
From a regional frame of reference, North America impact sound insulation acoustic mat market is projected to grow at a CARG of over 7.1% over the forecast time period. Europe held a market share of over 40% and is likely to grow at a CAGR of 7.1% over the forthcoming time period.
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The Latin America market held a market share of over 3% in 2019 and is projected grow at a CAGR of 7.7% over the assessment period. The Middle East & Africa acoustic flooring mat for impact sound insulation market will showcase significant growth owing to growing concern about structure-borne sound transmission in several places.
In addition, with the rising number of construction activities and new projects in line, the demand for acoustic flooring mats would also increase in the region. Since acoustic mats are utilized in industrial, residential and commercial sector, the product would prove to be beneficial as an excellent soundproofing solution.