Soundproof Floor Underlay Sales Market Size, Trends, Share, Growth, and Opportunity Forecast, 2024 - 2031 Global Industry Analysis By Material Type (Rubber, Foam, Cork, Felt, Fiber, and Combination Materials), By Installation Technique (Floating, Glued, and Loose Laid), By Thickness (2-5 mm, 5-10 mm, and Above 10 mm), By Application (Residential, Commercial, and Industrial) and By Geography (North America, Europe, Asia Pacific, South America, and Middle East & Africa)

Soundproof Floor Underlay Sales Market Size, Trends, Share, Growth, and Opportunity Forecast, 2024 - 2031 Global Industry Analysis By Material Type (Rubber, Foam, Cork, Felt, Fiber, and Combination Materials), By Installation Technique (Floating, Glued, and Loose Laid), By Thickness (2-5 mm, 5-10 mm, and Above 10 mm), By Application (Residential, Commercial, and Industrial) and By Geography (North America, Europe, Asia Pacific, South America, and Middle East & Africa)
Region: Global
Published: August 2024
Report Code: CGNBAC808
Pages: 204

The Global Soundproof Floor Underlay Sales Market was valued at USD 1,425.6 Million in 2023 and is anticipated to reach a value of USD 2,210.7 Million by 2031 expanding at a CAGR of 5.7% between 2024 and 2031.

Soundproof floor underlay is a kind of special materials that is used to reduce impact and airborne sound transmission between concrete floors. The way they do this is due to the composition of the materials. Soundproof floor underlay is a growing industry due to the increasing demand for noise reduction solutions in residential and commercial spaces. Soundproof floor underlay has gained popularity, owing to its effectiveness, versatility, density, and ease of installation. Soundproofing a floor with flooring underlayment is an efficient way to quiet and working, such as residential buildings, hotels, and other living space. The market is influenced by factors such as increasing demand for noise reduction, growing construction industry, increasing focus on home comfort, and economic development. The soundproof floor underlay sales market serves both residential, industrial consumers and commercial establishments such as hotels and hospitality businesses.

Soundproof Floor Underlay Sales Market Major Driving Forces

Increasing Demand for Noise Reduction: The increase in noise pollution along with growing urbanization and population growth is one of the significant factor driving the market growth. Noise pollution has become a major concern in the commercial, industrial, and residential areas, creating a need for soundproof floor underlay.

Growing Construction Industry: The growth in construction activities across globe, particularly in residential and commercial areas, contributes to the market growth. As more buildings are being constructed, there is an increasing demand for effective sound management solutions, such as soundproof floor underlay.

Increasing Focus on Home Comfort: The growing emphasis on enhancing living comfort   is another significant factor influencing the demand for soundproof floor underlay. Soundproof floor underlay enhances living and working spaces where comfort is valued by reducing noise transmission between floors.   

Economic Development: The increasing disposable incomes are leading to invest more in home improvements such as soundproof floor underlay. People are prioritizing towards modern living spaces that drives demand for soundproof floor underlay for noise control in residential buildings.

Soundproof Floor Underlay Sales Market Key Opportunities

Sustainable and Eco-Friendly Solutions: The increasing demand for sustainable and eco-friendly solutions is expected to create significant opportunity for the soundproof floor underlay sales market to develop and promote sustainable options. Manufacturers can capitalize on this trend by incorporating recycled and renewable materials or offering soundproof floor underlay with responsible manufacturing processes.

Technological Advancements: Ongoing technological innovations in materials may lead to the development of more effective and affordable soundproof floor underlay solutions with improved properties. The integration of cutting-edge technologies in soundproof floor underlays, such as sensors for better sound absorption properties.  

Focus on Customization: There is a growing demand for customizable soundproofing solutions which is anticipated to offer lucrative opportunity for market expansion. Consumers increasingly seek customizable soundproofing solutions tailored to specific customer needs and preferences.

Soundproof Floor Underlay Sales Market Key Trends

·         The increasing demand for noise reduction solutions in residential and commercial spaces is a significant factor influencing demand for soundproof floor underlays

·         The growing urban population is creating a significant demand for effective soundproofing solutions in residential buildings to enhance living comfort

·         The growing trend towards home renovation and remodeling is boosting the soundproof floor underlay sales

·         The growing emphasis on sustainable and eco-friendly materials, as consumers increasingly seeking for sustainable and eco-friendly solutions

·         Growth in construction industry, including both residential and commercial sectors has led to increase in demand for soundproofing solutions

·         The growing focus on enhancing home comfort and wellbeing is boosting the sales of soundproof floor underlay sales

·         Growing demand for customizable soundproofing solutions tailored to specific customer needs and preferences

Region-wise Market Insights

Asia Pacific accounted for the largest market share at 57.4% in 2023 whereas, Asia Pacific is expected to register the fastest growth, expanding at a CAGR of 6.0% between 2024 and 2031.

Asia Pacific region is emerged as dominating region for global soundproof floor underlay sales market, and is projected to exhibit substantial growth throughout forecast period. This dominance is attributed to the factors such as rapid urbanization, the flourishing construction sector, increasing urban population, and rising disposable incomes. In North America, the demand is driven by a stringent building regulations, high level of construction activity, technological innovations, higher disposable incomes, and increased awareness about acoustic comfort in the region. Europe characterized by the stringent regulations, consumer awareness, emphasis on eco-friendly and sustainable materials for soundproof floor underlay solutions. The Middle East and Africa has been witnessing a growing demand for soundproof floor underlay due to increasing urbanization and consumer awareness about soundproofing benefits whereas, in South America, the market is influenced by economic factors, with growing urbanization and construction activities.

Market Competition Landscape

The global soundproof floor underlay sales market is characterized by high degree of competition among a large number of manufacturers. Major players in the market are providing customizable solutions to cater to the diverse preferences of consumers.  Key players in the soundproof floor underlay sales market engage in strategies aimed at gaining a competitive edge. These strategies include product innovation, design differentiation, and the incorporation of sustainable and eco-friendly materials to meet evolving consumer preferences. Established brands leverage their reputation for quality and reliability to maintain market share, while newer entrants focus on disruptive innovations and unique selling propositions.

Key players in the global soundproof floor underlay sales market implement various organic and inorganic strategies to strengthen and improve their market positioning. Prominent players in the market include:

·         Acoustical Solutions

·         Amorim Cork Composites S.A.

·         Maxxon Corporation

·         PROFLEX PRODUCTS, Inc.

·         Finitec Flooring Products Inc.

·         Hush Acoustics          

·         REGUPOL Germany GmbH & Co. KG

·         Pliteq Inc.

·         Shenzhen Vinco Soundproofing Materials Co.,Ltd

·         KRAIBURG Relastec GmbH & Co. KG

·         Daikin Industries, Ltd.

·         Irish Flooring Products.

·         Sika AG

·         AWI Licensing LLC

Report Attribute/Metric

Details

Market Revenue in 2023

USD 1,425.6 Million

Market Revenue in 2031

USD 2,210.7 Million

CAGR (2024 – 2031)

5.7%

Base Year

2023

Forecast Period

2024 – 2031

Historical Data

2019 to 2023

Forecast Unit

Value (US$ Mn)

Key Report Deliverable

Revenue Forecast, Growth Trends, Market Dynamics, Segmental Overview, Regional and Country-wise Analysis, Competition Landscape

Segments Covered

·   By Material Type (Rubber, Foam, Cork, Felt, Fiber, and Combination Materials)

·   By Installation Technique (Floating, Glued, and Loose Laid)

·   By Thickness (2-5 mm, 5-10 mm, and Above 10 mm)

·   By Application (Residential, Commercial, and Industrial)

Geographies Covered

North America: U.S., Canada and Mexico

Europe: Germany, France, U.K., Italy, Spain, and Rest of Europe

Asia Pacific: China, India, Japan, South Korea, Southeast Asia, and Rest of Asia Pacific

South America: Brazil, Argentina, and Rest of Latin America

Middle East & Africa:  GCC Countries, South Africa, and Rest of Middle East & Africa

Key Players Analyzed

Acoustical Solutions,Amorim Cork Composites S.A.,Maxxon Corporation,PROFLEX PRODUCTS, Inc.,Finitec Flooring Products Inc.,Hush Acoustics,REGUPOL Germany GmbH & Co. KG,Pliteq Inc.,Shenzhen Vinco Soundproofing Materials Co.,Ltd,KRAIBURG Relastec GmbH & Co. KG,Daikin Industries, Ltd.,Irish Flooring Products.,Sika AG, and AWI Licensing LLC

Customization & Pricing

Available on Request (10% Customization is Free)

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