Global PET Felt Panels Market Growth 2023-2029

Global PET Felt Panels Market Growth 2023-2029

PET felt is made of recycled PET (the type of plastic found in water or soda bottles) that becomes a soft, yet sturdy felt material. Durable in nature, PET felt offers great acoustic performance and can be recycled at the end of its life. PEF felt panels refer to the acoustics panels made of PET felt.
LPI (LP Information)' newest research report, the “PET Felt Panels Industry Forecast” looks at past sales and reviews total world PET Felt Panels sales in 2022, providing a comprehensive analysis by region and market sector of projected PET Felt Panels sales for 2023 through 2029. With PET Felt Panels sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world PET Felt Panels industry.
This Insight Report provides a comprehensive analysis of the global PET Felt Panels 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 PET Felt Panels portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global PET Felt Panels market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for PET Felt Panels and breaks down the forecast by thickness, 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 PET Felt Panels.
The global PET Felt Panels market size is projected to grow from US$ 91 million in 2022 to US$ 129.8 million in 2029; it is expected to grow at a CAGR of 129.8 from 2023 to 2029.
Global key manufactuers of PET felt panels include Woven Image, De Vorm, 3 Form LLC, Ezobord, Echo Jazz, etc. The top five players hold a share around 27%. Europe is the largest producer, has a share about 34%, followed by North America and China, with share 23% and 20%, respectively. The largest market is Europe, with a share about 46%, followed by North America and Asia-Pacific, with share 29% and 21%, separately.
This report presents a comprehensive overview, market shares, and growth opportunities of PET Felt Panels market by product thickness, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by thickness
Below 7 mm
7-10 mm
10-15 mm
15-25 mm
Above 25 mm
Segmentation by application
Home Application
Entertainment Application
Workplace Application
Industrial Application
Other
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.
Woven Image
De Vorm
3 Form LLC
Ezobord
Echo Jazz
Unika VAEV
Autex Acoustics
Baux Sweden
Acoufelt
Ideal Felt
BuzziSpace
Suzhou Greenish New Material Technology
Zintra
Silent PET
Soften Oy
Kingkus
Intermedius
Feltkutur
Avenue Interior Systems
Nantong Ofisolution New Material
Shenzhen Vinco Soudproofing Materials
Key Questions Addressed in this Report
What is the 10-year outlook for the global PET Felt Panels market?
What factors are driving PET Felt Panels market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do PET Felt Panels market opportunities vary by end market size?
How does PET Felt Panels break out thickness, 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.