August 20, 2020
According to the recent study titled ‘Building Vibration Isolation Market Size By Material, By Form, By Applications, By End-Use, Industry Analysis Report, Regional Outlook, Application Potential, Price Trends, Competitive Market Share & Forecast, 2020 - 2026’, available with Market Study Report, global building vibration isolation market is expected to record an appreciative growth rate through 2026.
Global building vibration isolation market is driven the need to protect a building and its soil foundation from ground-borne low frequency noise as well as vibrations created from external sources like underground railways. Benefits such as increase in overall property value, better working conditions, and improved quality of life are encouraging the use of building vibration isolation solutions.
Request sample copy of this Report: https://www.marketstudyreport.com/request-a-sample/2842234/
Based on material, the cork & natural rubber engineered compound segment accounted for 40% share of global building vibration isolation market in 2019 and is predicted to expand with a CAGR of 5.2% through 2026. Whereas, resin bonded cork & recycled rubber segment captured 15% of market share in 2019 and anticipated to exhibit 5.1% growth rate during the estimated timeframe. Meanwhile, resin bonded recycled rubber and virgin polyurethane segmentations have a common growth rate forecast of 5.5% through 2026. The others segment represented 7% market share in the recent past and is projected to record a yearly growth rate of 6% over the analysis period.
Speaking of the application scope, floating floor segment grasped majority market share of 50% in the past year. Higher cost efficiency as compared to recommended rise in weight and size of steel/concrete required to solidify a structure properly is supporting the demand for floating floor solutions.
Two-tier construction segment held 4% share of building vibration isolation market in the recent past and is slated to record a CAGR of 4.7% throughout 2020-2026. Meanwhile, box-in-box, segment is set to grow with 5.3% CAGR through 2026. The growth rate forecast for elastic bearing of stairs & landings, individual building parts, and others segmentations are 5.2%, 5.3% and 3.6% respectively.
Elaborating on the end user spectrum, commercial segment seized 44% market share in the past and is estimated to record a y-o-y growth rate of 5.4% through 2026. On the other hand, industrial segment held 36% market share and is expected to register 5.2% CAGR during analysis timeframe. Residential sector held 20% market share in 2019 and is foreseen to register 5.1% CAGR over 2020-2026.
From a regional perspective, APAC building vibration isolation market is anticipated to register the highest growth rate of 5.8% during the assessment period. Europe market held over 30% share and is likely to exhibit a 5.1% CAGR, and North America market is expected to record a CAGR of 5.2% through 2026.
Prominent industry players include Maurer SE, Deicon Dynamic & Controls, Alpha Acoustiki, Farrat Ltd., Mason Industries Inc., Acoustical Control LLC, VibraSystems Inc., and Regupol BSW GmbH, among others.