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Acoustic Panel Market Size

  • Report ID: GMI6116
  • Published Date: Jun 2023
  • Report Format: PDF

Acoustic Panel Market Size

The global acoustic panel market was valued at around USD 11.7 billion in 2022 and it is anticipated to reach over USD 21.9 billion by the end of 2032. Increase in noise pollution along with growing urbanization and population is one of the significant factors contributing to the market growth. Noise pollution has become a major concern in the residential, commercial, and industrial areas. These acoustic panels assist in reducing noise levels by absorbing or diffusing sound waves, making them an essential solution for noise control and creating quieter environments. Hence, the growing usage and application of acoustic panels to decrease the noise pollution will augment the market growth.

 

Moreover, growing awareness among individuals and organizations regarding the detrimental effects of excessive noise on health, productivity, and overall well-being increased the demand for acoustic treatment solutions, including acoustic panels. The increase in adoption and demand for the acoustic panel in various sectors such as education, healthcare, hospitality, and offices will augment the product adoption rate, thereby, contributing to market growth.

 

Acoustic panels, also known as sound-absorbing panels or soundproof panels, are specialized construction materials designed to control and improve sound quality within a space. These panels are typically made of porous materials, such as foam, fabric, wood, or fiberglass, which have sound-absorbing properties.

 

The primary function of acoustic panels is to reduce reverberation and echo by absorbing sound waves that would otherwise reflect off hard surfaces in a room. They work by converting sound energy into heat energy through mechanisms such as friction or by allowing sound waves to pass through and be absorbed by the material. The effectiveness of acoustic panels depends on factors such as the panel material, thickness, density, surface area coverage, and the specific acoustic properties required for the intended application. Panels may be designed to absorb a broad range of frequencies or to target specific frequency ranges, depending on the desired sound control objectives.

 

Acoustic panels are an essential component of acoustic treatment solutions, providing a means to control and optimize the acoustic characteristics of a space by reducing unwanted noise, improving speech clarity, and enhancing overall sound quality. Hence, owing to the above-mentioned advantages the acoustic panels market is projected to grow at considerable rate in the future.

 

Authors: Avinash Singh, Sunita Singh

Frequently Asked Questions (FAQ) :

The market size of acoustic panel was valued at around USD 11.7 billion in 2022 and is anticipated to reach over USD 21.9 billion by 2032, backed by the increase in noise pollution.

The wooden acoustic panel segment accounted for around USD 2.5 billion in 2022, due to the aesthetic appeal, natural properties, and acoustic performance of the product.

The U.S. acoustic panels market was valued at USD 1.82 billion in 2022. North America has stringent noise regulations in various industries, including construction, healthcare, education, and entertainment

Armstrong World Industries, RPG Acoustical Systems LLC, GIK Acoustics, Burgeree, among other.

Acoustic Panel Market Scope

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Premium Report Details

  • Base Year: 2022
  • Companies covered: 10
  • Tables & Figures: 194
  • Countries covered: 20
  • Pages: 170
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