The objective of this study was to investigate the sound absorption coefficient of bark-based insulation panels made of softwood barks Spruce (Picea abies (L.) H. Karst.) and Larch (Larix decidua Mill.) by means of impedance tube, with a frequency range between 125 and 4000 Hz. The highest efficiency of sound absorption was recorded for spruce bark-based insulation boards bonded with urea-formaldehyde resin, at a level of 1000 and 2000 Hz. The potential of noise reduction of larch bark-based panels glued with tannin-based adhesive covers the same frequency interval. The experimental results show that softwood bark, an underrated material, can substitute expensive materials that involve more grey energy in sound insulation applications. Compared with wood-based composites, the engineered spruce bark (with coarse-grained and fine-grained particles) can absorb the sound even better than MDF, particleboard or OSB. Therefore, the sound absorption coefficient values strengthen the application of insulation panels based on tree bark as structural elements for the noise reduction in residential buildings, and concurrently they open the new ways for a deeper research in this field.