Over the course of the review year, the India Acoustic Panels Market is expected to grow at a noteworthy CAGR of 7.8%.
Acoustic panels are fabric-wrapped boards that absorb sound and are used to reduce echo and reverberation in spaces. They are also known as sound absorption panels, soundproof panels, or sound panels. mostly utilized in commercial soundproofing solutions to address speech intelligibility problems.
Due to the expanding construction industry, which creates a market for acoustic panels, and growing awareness of noise pollution, the Indian acoustic panels market is expanding quickly. However, limited awareness and high acoustic panel prices are impeding the market's growth. Additionally, the growing demand from commercial building presents a chance to expand the market for acoustic panels in India.
Segmentation of the Market
We have discussed the following segments based on product type: freestanding panels, ceiling-mounted panels, and wall-mounted panels.
We have discussed the following segments based on material: Wooden, Foam, Fiberglass, and Others.
The market is divided into four functional segments: combination, diffusion, soundproofing, and absorption.
The report has been divided into three categories based on application: commercial, residential, and industrial.
The market is divided into two segments based on the mode of sale: Direct Purchase and Through Consultant.
Key Players
Rockwool A/S, Knauf Group, Saint-Gobain, Credence Industries, Acoustical Surfaces Inc., Mahabir Multi Tech Private Limited, Topakustik AG, Anutone Acoustics Limited, Hunter Douglas, and Envirotech Sytems Pvt. Ltd. are some of the major companies in the Indian acoustic panels market.
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