The global Acoustics market garnered revenue around USD 2.61 Billion in 2019 and projected to reach USD 4.80 Billion in 2027, with at a compound annual growth rate of 7.8% throughout the estimate period from 2020 to 2027.
Keen players in the global acoustics market are vying to develop new applications for acoustic materials, especially in the transportation sector to up their market share and to steal a march on their competitors
The acoustics market is primarily driven by government regulations in place in several parts of the world to curb noise pollution. This has necessitated buildings to be insulated with acoustic materials that can prevent noise to spread. While these regulations are already in place in developed countries, the relatively new implementation of these regulations in developing regions is leading to an uptake of acoustic material and products. For instance, in India in Andhra Pradesh, the Energy Conservation Building Code (ECBC) puts forth the requirement for commercial and public buildings to reduce energy consumption and to reduce noise pollution.
This research report encompasses precise assessment of the market with the help of comprehensive qualitative insights and supportable prognoses regarding market size, consumption and production. The projections presented in the report have been derived using proven research methodologies and assumptions. It does so by means of comprehensive qualitative insights, historical statistics, and verifiable predictions about market revenue and sales.
The rapidly budding threat owed to the eruption of COVID-19 is impacting lives, communities, businesses, and industries across the globe. With businesses shuttered, flights grounded, COVID-19 is about to affect the global economy in different ways such as by directly upsetting production and demand, by generating supply chain disruption, and by its financial impact on firms and financial markets. Therefore, this report covers COVID-19 outbreak impact analysis on the Acoustics market under the research study. The market estimates offered in the report are the outcome of in-depth extensive secondary research, primary interviews and in-house professional assessments. These market evaluations have been measured by reviewing the impact of numerous social, political and economic factors coupled with recent market dynamics affecting the Acoustics market growth.
The global Acoustics market is characterized by the presence of numerous small as well as medium scale companies. These players are largely focused towards forward integration via raw material production, product manufacturing, and distribution across various industry verticals. The report recognizes numerous crucial manufacturers of the market. This research study aids to comprehend the strategies and associations that companies are converging to survive in this competitive marketplace. This report assists in understanding footprints of the manufacturers with the help of their global revenue, production, capacity and average selling price analysis for period 2016-2027.
Major manufacturers analysed under this study comprises:
Key Players in the Global Acoustics Market
Sika AG
Rockwool International A/S
DuPont
Knauf Insulation
3M Inc.
Saint-Gobain
BASF SE
Fletcher Insulation
This report delivers market breakdown and its revenue, consumption, production analysis and projections by categorizing it depending on parameters such as type, application/end-user, and region. This research report delivers the analysis and prognosis of revenue, production, price, market share and growth trend for different products such as:
The Global Acoustics Market has been segmented as presented below:
Acoustics Market: Material
Glass Wool
Stone Wool
Acoustic Fabrics
Acoustic Insulators
Fabric Absorbers
Fabric Dampeners
Fabric Diffusors
Fabric Noise Barriers
Fabric Ceilings
Foamed Plastic
Fabric Soundproofing Materials
Fabric Wall Materials
Acoustics Market: End-use
Building & Construction
Residential
Commercial
Industrial/HVAC & OEM
Transport
Automotive
Marine
Aerospace
Regional Analysis and Forecast
Further, this research study analyses market size, production, consumption and its advancement trends at global, regional, and country level for period 2016 to 2027 and covers following region in its scope:
North America
? U.S.
? Canada
Europe
? Germany
? U.K.
? Italy
? France
? Rest of EU
Asia Pacific
? China
? India
? Japan
? Southeast Asia
? Rest of APAC
Central & South America
? Brazil
? Argentina
? Rest of Central & South America
Middle East and Africa
? UAE
? Saudi Arabia
? Rest of MEA
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