PORTLAND, Oregon, November 15, 2016 /PRNewswire/ -- Global Acoustic Insulation Market projects that the global acoustic insulation market is expected to reach $14,633 million by 2022, according to new research published by Allied Market Research. Plastic foam material is estimated to dominate the market from 2015 to 2022. Region wise, Europe led the market, accounting for around 35% share of the global market in 2015. (Logo: http://photos.prnewswire.com/prnh/20140911/647229 ) The global acoustic insulation market was valued at $9,878 million in 2015. Acoustic insulation is a soundproofing technique that prevents or minimizes sound from entering or exiting an enclosed space by creating a barrier between the interior and exterior areas. It reduces the sound emitted from structures of a room as well as acoustic reverberation. Acoustic designing is one of the most complex facets of architecture and construction used to develop insulation systems to achieve proper acoustic quality of the buildings. For complimentary access to more information on this research: https://www.alliedmarketresearch.com/acoustic-insulation-market Factors that drive the global market for acoustic insulation are the increase in health concerns towards noise pollution, stringent noise pollution standards, rise in construction industry, and energy efficiency advantages provided by insulation materials. However, the market growth is restrained by low awareness on the importance of acoustics in emerging countries and slowdown of construction industry in Europe. "Market players in the industry are offering wide range of solutions for acoustic applications. These products increase sound absorption and reduce the transmission of vibration. They are investing significant amounts in R&D activities to develop optimum solutions for different applications. In addition, they are working closely with research institutes with the aim of improving acoustic performance of the products". Says Nikhil Dasyam, Research Analyst, Construction and Manufacturing at AMR The global market for acoustic insulation is segmented based on material type, end user, and geography. Based on material type, it is divided into stone wool, glass wool, plastic foam, and others. Plastic foam dominated the market in 2015, with a share of over 52%, due to their excellent sound absorbing and vibration dampening qualities that enhance user comfort and safety levels. This market is estimated to grow at a CAGR of 5.4% over the forecast period.