Acoustics - Global Market Outlook (2019 -2027)
According to Stratistics MRC, the Global Acoustics market accounted for $11,795.60 million in 2019 and is expected to reach $21,352.36 million by 2027 growing at a CAGR of 7.7% during the forecast period. Increasing awareness among the consumers regarding noise pollution and stringent government regulations for reducing the adverse effects of high noise levels are driving the market growth. However, high costs for the product is restraining the market growth.
Acoustics is a branch of physics that deals with the study of mechanical waves in gases, liquids, and solids including topics such as vibration, sound, ultrasound and infrasound. Acoustic materials can prevent noise to spread.
By end user, building & construction segment held significant growth during the forecast period due to the environment-friendly buildings offering efficient acoustic and thermal insulation required in residential, commercial, and industrial applications. By geography, Asia Pacific is anticipated to have a significant growth in the global Acoustics market during the forecast period due to the rapid pace of migration from rural to urban areas is leading to an increasing demand for commercial and residential buildings.
Some of the key players profiled in the Acoustics include 3M Inc, Acoustics First Corporation, Acoustimac LLC, Armacell Group, Autex Industries Limited, BASF Group, Du Pont Inc, Fletcher Insulation, Furukawa Electric Group, Johns Manville Corporation, Knauf Insulation, Owens Corning, Paroc Group , Rockwool Group, Saint-Gobain.
• Acoustic Fabrics
• Acoustic Insulators
• Fabric Absorbers
• Fabric Ceilings
• Fabric Dampeners
• Fabric Diffusors
• Fabric Noise Barriers
• Fabric Soundproofing Materials
• Fabric Wall Materials
• Foamed Plastic
• Glass Wool
• Stone Wool
End Users Covered:
• Building & Construction
• Industrial/Heating, Ventilation, and Air Conditioning & Original Equipment Manufacture (HVAC & OEM)
• North America
o Rest of Europe
• Asia Pacific
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o South Africa
o Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2018, 2019, 2020, 2024 and 2027
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
o Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances
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