Global Acoustic Panel Market Growth 2023-2029
Acoustic (also known as room acoustics and building acoustics) is the science and engineering of achieving a good sound within a building and is a branch of acoustical engineering. Acoustic panel is used to reduce noise and control sound in many different spaces. They come in a large variety of sizes, types and colors.
LPI (LP Information)' newest research report, the “Acoustic Panel Industry Forecast” looks at past sales and reviews total world Acoustic Panel sales in 2022, providing a comprehensive analysis by region and market sector of projected Acoustic Panel sales for 2023 through 2029. With Acoustic Panel sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Acoustic Panel industry.
This Insight Report provides a comprehensive analysis of the global Acoustic Panel landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Acoustic Panel portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Acoustic Panel market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Acoustic Panel and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Acoustic Panel.
The global Acoustic Panel market size is projected to grow from US$ 12570 million in 2022 to US$ 14310 million in 2029; it is expected to grow at a CAGR of 14310 from 2023 to 2029.
The major players in global Acoustic Panel market include STAR-USG, Beijing New Building Material, Saint-Gobain, etc. The top 3 players occupy about 10% shares of the global market. Europe and North America are main markets, they occupy about 70% of the global market. Mineral Wool Acoustic Panels is the main type, with a share about 65%. Building & Construction is the main application, which holds a share about 50%.
This report presents a comprehensive overview, market shares, and growth opportunities of Acoustic Panel market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
Wooden Acoustic Panels
Mineral Wool Acoustic Panels
Fabric Acoustic Panels
Polyester Acoustic Panels
Others
Segmentation by application
Building and Construction
Industrial
Transportation
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
STAR-USG
Beijing New Building Material
Armstrong
Saint-Gobain
Knauf Insulation
Burgeree
USG BORAL
Beiyang
Forgreener Acoustic
Leeyin Acoustic Panel
Shengyuan
Same Acoustic Panel Material
Hebei Bo Run-de
G&S Acoustics
Sound Seal
Whisper Walls
MBI Acoustical Products
Key Questions Addressed in this Report
What is the 10-year outlook for the global Acoustic Panel market?
What factors are driving Acoustic Panel market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Acoustic Panel market opportunities vary by end market size?
How does Acoustic Panel break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?
Please note: The report will take approximately 2 business days to prepare and deliver.
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