Latest Update: Impact of current COVID-19 situation has been considered in this report while making the analysis.
Global Acoustical Panel System Market by Type (Roof, Wall, Ceiling), By Application (Residential Building, Commercial Building, Industrial Building, Agricultural Building) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030-report

Global Acoustical Panel System Market by Type (Roof, Wall, Ceiling), By Application (Residential Building, Commercial Building, Industrial Building, Agricultural Building) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030

Report ID: 158757 3300 Machinery & Equipment 377 235 Pages 5 (45)

Market Overview:

The global acoustical panel system market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for acoustical panels in residential, commercial, and industrial buildings. Acoustical panels are used to control and reduce noise levels in these buildings by absorbing and deflecting sound waves. They are also used for aesthetic purposes, as they can improve the appearance of a building by adding color and texture. The global acoustical panel system market is segmented on the basis of type, application, and region. On the basis of type, it is divided into roof panels, wall panels, and ceiling panels. Roof panels are further classified into metal roofing sheets and tiles; asphalt shingles; concrete or clay tiles; slate or wood shakes; plastic or fiberglass roofing sheets/tiles; polycarbonate corrugated sheet roofs etc., while wall panels are classified into metal stud walls with plasterboard finish (gypsum board), timber frame walls with plasterboard finish (gypsum board), masonry cavity walls with plasterboard finish (gypsum board), pre-cast concrete sandwich panel walls etc., In terms of application, it is segmented into residential building construction,, commercial building construction,, industrial building construction,, agricultural building construction,. Among all applications segments,.

Global Acoustical Panel System Industry Outlook

Product Definition:

An acoustical panel system is a type of wall or ceiling treatment that is designed to improve the sound quality of a room by controlling the reflection and absorption of sound. Acoustic panels can be used to treat small or large spaces, and they are often used in recording studios, home theaters, and other rooms where good sound quality is important.


Roof is the uppermost layer of a building, which acts as an aerodynamic barrier and prevents rainwater from entering into the interiors. The roof also provides thermal insulation to the building. In addition, it protects interior walls from harmful ultraviolet rays of the sun. Thus, increasing awareness regarding its benefits has resulted in increased usage of roofs in various applications such as residential buildings and commercial complexes among others.


The wall is a structural element in an acoustical panel system. It helps to provide rigidity and stability to the overall structure. The size, shape, and material of the wall have significant effects on the performance of an APS system.

Walls can be made from different materials such as wood, metal composites or concrete; depending upon their location within a room (standing or sitting), their function ( internal stiffening only or combined internal & external stiffening).

Application Insights:

The market is segmented by application into residential building, commercial building, industrial building, and agricultural buildings. The residential sector dominated the global market in terms of revenue in 2017. This can be attributed to rising population coupled with increasing disposable income per household across various regions including Asia Pacific and Middle East & Africa. Moreover, government initiatives such as affordable housing schemes are expected to drive the demand for acoustical panel systems in residential applications over the forecast period.

The commercial sector is anticipated to witness significant growth over the forecast period owing to growing construction activities of shopping malls and office buildings at a global level. Growing investments by companies for expanding their offices or manufacturing facilities will also boost product demand from this segment over the next eight years.

Regional Analysis:

Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The growth of this region can be attributed to increasing construction activities in emerging countries, such as China and India. In addition, rising demand for residential buildings on account of growing population is anticipated to drive product demand over the forecast period.

The Asia Pacific market was followed by Europe which accounted for a revenue share of more than 20% in 2017 owing to high acceptance levels coupled with government initiatives favoring sustainable construction practices across several European countries. For instance, Germany has set up an acoustic ceiling standard that requires acoustic ceilings used within public and industrial buildings must meet certain standards defined by German Building Code (DIN). Such government regulations are likely to boost product adoption across Europe during the forecast period.

Growth Factors:

  • Increasing demand for noise control and acoustic comfort in residential and commercial buildings
  • Rising awareness about the benefits of acoustical panel systems among architects, builders, and consumers
  • Technological advancements that have led to the development of more efficient and aesthetically pleasing panels
  • The growing trend of green construction that favors the use of sustainable materials like acoustical panels
  • The increasing number of large-scale construction projects in developing countries

Scope Of The Report

Report Attributes

Report Details

Report Title

Acoustical Panel System Market Research Report

By Type

Roof, Wall, Ceiling

By Application

Residential Building, Commercial Building, Industrial Building, Agricultural Building

By Companies

Saint-Gobain, STAR-USG, Knauf Insulation, Armstrong, Stramit, Ecophon, Decustik, Kingspan, Assan Panel, Metecno, NCI Building Systems, Nucor Building Systems, Ruukki

Regions Covered

North America, Europe, APAC, Latin America, MEA

Base Year


Historical Year

2019 to 2020 (Data from 2010 can be provided as per availability)

Forecast Year


Number of Pages


Number of Tables & Figures


Customization Available

Yes, the report can be customized as per your need.

Global Acoustical Panel System Market Report Segments:

The global Acoustical Panel System market is segmented on the basis of:


Roof, Wall, Ceiling

The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.


Residential Building, Commercial Building, Industrial Building, Agricultural Building

The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.

Some of the companies that are profiled in this report are:

  1. Saint-Gobain
  3. Knauf Insulation
  4. Armstrong
  5. Stramit
  6. Ecophon
  7. Decustik
  8. Kingspan
  9. Assan Panel
  10. Metecno
  11. NCI Building Systems
  12. Nucor Building Systems
  13. Ruukki

Global Acoustical Panel System Market Overview

Highlights of The Acoustical Panel System Market Report:

  1. The market structure and projections for the coming years.
  2. Drivers, restraints, opportunities, and current trends of market.
  3. Historical data and forecast.
  4. Estimations for the forecast period 2030.
  5. Developments and trends in the market.
  6. By Type:

    1. Roof
    2. Wall
    3. Ceiling
  1. By Application:

    1. Residential Building
    2. Commercial Building
    3. Industrial Building
    4. Agricultural Building
  1. Market scenario by region, sub-region, and country.
  2. Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
  3. Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
  4. Government Policies, Macro & Micro economic factors are also included in the report.

We have studied the Acoustical Panel System Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.

Regional Analysis

  • North America
  • Europe
  • Asia Pacific
  • Middle East & Africa
  • Latin America

Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.

The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.

How you may use our products:

  • Correctly Positioning New Products
  • Market Entry Strategies
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  • Consumer Insights
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Global Acoustical Panel System Market Statistics

8 Reasons to Buy This Report

  1. Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
  2. Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
  3. Implemented Robust Methodology to Prepare the Report
  4. Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
  5. Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
  6. Provides Information About the Top-winning Strategies Implemented by Industry Players.
  7. In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
  8. Customization of the Report Available

Frequently Asked Questions?

An acoustic panel system is a type of soundproofing that uses panels made from sound-dampening materials. The panels are typically mounted on the exterior walls and ceilings of rooms or buildings, and they help to reduce noise levels inside the room.

Some of the key players operating in the acoustical panel system market are Saint-Gobain, STAR-USG, Knauf Insulation, Armstrong, Stramit, Ecophon, Decustik, Kingspan, Assan Panel, Metecno, NCI Building Systems, Nucor Building Systems, Ruukki.

The acoustical panel system market is expected to register a CAGR of 5.5%.

1. Executive Summary

2. Assumptions and Acronyms Used

3. Research Methodology

4. Acoustical Panel System Market Overview
   4.1. Introduction
      4.1.1. Market Taxonomy
      4.1.2. Market Definition
   4.2. Macro-Economic Factors
      4.2.1. Industry Outlook
   4.3. Acoustical Panel System Market Dynamics
      4.3.1. Market Drivers
      4.3.2. Market Restraints
      4.3.3. Opportunity
      4.3.4. Market Trends
   4.4. Acoustical Panel System Market - Supply Chain
   4.5. Global Acoustical Panel System Market Forecast
      4.5.1. Acoustical Panel System Market Size (US$ Mn) and Y-o-Y Growth
      4.5.2. Acoustical Panel System Market Size (000’ Units) and Y-o-Y Growth
      4.5.3. Acoustical Panel System Market Absolute $ Opportunity

5. Global Acoustical Panel System Market Analysis and Forecast by Type
   5.1. Market Trends
   5.2. Introduction
      5.2.1. Basis Point Share (BPS) Analysis by Type
      5.2.2. Y-o-Y Growth Projections by Type
   5.3. Acoustical Panel System Market Size and Volume Forecast by Type
      5.3.1. Roof
      5.3.2. Wall
      5.3.3. Ceiling
   5.4. Absolute $ Opportunity Assessment by Type
   5.5. Market Attractiveness/Growth Potential Analysis by Type

6. Global Acoustical Panel System Market Analysis and Forecast by Application
   6.1. Market Trends
   6.2. Introduction
      6.2.1. Basis Point Share (BPS) Analysis by Application
      6.2.2. Y-o-Y Growth Projections by Application
   6.3. Acoustical Panel System Market Size and Volume Forecast by Application
      6.3.1. Residential Building
      6.3.2. Commercial Building
      6.3.3. Industrial Building
      6.3.4. Agricultural Building
   6.4. Absolute $ Opportunity Assessment by Application
   6.5. Market Attractiveness/Growth Potential Analysis by Application

7. Global Acoustical Panel System Market Analysis and Forecast by Sales Channel
   7.1. Market Trends
   7.2. Introduction
      7.2.1. Basis Point Share (BPS) Analysis by Sales Channel 
      7.2.2. Y-o-Y Growth Projections by Sales Channel
   7.3. Acoustical Panel System Market Size and Volume Forecast by Sales Channel 
      7.3.1. Manufacturer/Distributor/Service Provider
      7.3.2. Aftermarket
   7.4. Absolute $ Opportunity Assessment by Sales Channel
   7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel

8. Global Acoustical Panel System Market Analysis and Forecast by Region
   8.1. Market Trends
   8.2. Introduction
      8.2.1. Basis Point Share (BPS) Analysis by Region
      8.2.2. Y-o-Y Growth Projections by Region
   8.3. Acoustical Panel System Market Size and Volume Forecast by Region
      8.3.1. North America
      8.3.2. Latin America
      8.3.3. Europe
      8.3.4. Asia Pacific
      8.3.5. Middle East and Africa (MEA)
   8.4. Absolute $ Opportunity Assessment by Region
   8.5. Market Attractiveness/Growth Potential Analysis by Region
   8.6. Global Acoustical Panel System Demand Share Forecast, 2019-2026

9. North America Acoustical Panel System Market Analysis and Forecast
   9.1. Introduction
      9.1.1. Basis Point Share (BPS) Analysis by Country
      9.1.2. Y-o-Y Growth Projections by Country
   9.2. North America Acoustical Panel System Market Size and Volume Forecast by Country
      9.2.1. U.S.
      9.2.2. Canada
   9.3. Absolute $ Opportunity Assessment by Country
   9.4. North America Acoustical Panel System Market Size and Volume Forecast by Application
      9.4.1. Residential Building
      9.4.2. Commercial Building
      9.4.3. Industrial Building
      9.4.4. Agricultural Building
   9.5. Basis Point Share (BPS) Analysis by Application
   9.6. Y-o-Y Growth Projections by Application
   9.7. North America Acoustical Panel System Market Size and Volume Forecast by Type
      9.7.1. Roof
      9.7.2. Wall
      9.7.3. Ceiling
   9.8. Basis Point Share (BPS) Analysis by Type
   9.9. Y-o-Y Growth Projections by Type
   9.10. Market Attractiveness/Growth Potential Analysis
      9.10.1. By Country
      9.10.2. By Product Type
      9.10.3. By Application
      9.10.4. By Sales Channel
   9.11. North America Acoustical Panel System Demand Share Forecast, 2019-2026

10. Latin America Acoustical Panel System Market Analysis and Forecast
   10.1. Introduction
      10.1.1. Basis Point Share (BPS) Analysis by Country
      10.1.2. Y-o-Y Growth Projections by Country
      10.1.3. Latin America Average Pricing Analysis
   10.2. Latin America Acoustical Panel System Market Size and Volume Forecast by Country
      10.2.1. Brazil
      10.2.2. Mexico
      10.2.3. Rest of Latin America
   10.3. Absolute $ Opportunity Assessment by Country
   10.4. Latin America Acoustical Panel System Market Size and Volume Forecast by Application
      10.4.1. Residential Building
      10.4.2. Commercial Building
      10.4.3. Industrial Building
      10.4.4. Agricultural Building
   10.5. Basis Point Share (BPS) Analysis by Application
   10.6. Y-o-Y Growth Projections by Application
   10.7. Latin America Acoustical Panel System Market Size and Volume Forecast by Type
      10.7.1. Roof
      10.7.2. Wall
      10.7.3. Ceiling
   10.8. Basis Point Share (BPS) Analysis by Type
   10.9. Y-o-Y Growth Projections by Type
   10.10. Market Attractiveness/Growth Potential Analysis
      10.10.1. By Country
      10.10.2. By Product Type
      10.10.3. By Application
      10.10.4. By Sales Channel
   10.11. Latin America Acoustical Panel System Demand Share Forecast, 2019-2026

11. Europe Acoustical Panel System Market Analysis and Forecast
   11.1. Introduction
      11.1.1. Basis Point Share (BPS) Analysis by Country
      11.1.2. Y-o-Y Growth Projections by Country
      11.1.3. Europe Average Pricing Analysis
   11.2. Europe Acoustical Panel System Market Size and Volume Forecast by Country
      11.2.1. Germany
      11.2.2. France
      11.2.3. Italy
      11.2.4. U.K.
      11.2.5. Spain
      11.2.6. Russia
      11.2.7. Rest of Europe
   11.3. Absolute $ Opportunity Assessment by Country
   11.4. Europe Acoustical Panel System Market Size and Volume Forecast by Application
      11.4.1. Residential Building
      11.4.2. Commercial Building
      11.4.3. Industrial Building
      11.4.4. Agricultural Building
   11.5. Basis Point Share (BPS) Analysis by Application
   11.6. Y-o-Y Growth Projections by Application
   11.7. Europe Acoustical Panel System Market Size and Volume Forecast by Type
      11.7.1. Roof
      11.7.2. Wall
      11.7.3. Ceiling
   11.8. Basis oint Share (BPS) Analysis by Type
   11.9. Y-o-Y Growth Projections by Type
   11.10. Market Attractiveness/Growth Potential Analysis
      11.10.1. By Country
      11.10.2. By Product Type
      11.10.3. By Application
      11.10.4. By Sales Channel
   11.11. Europe Acoustical Panel System Demand Share, 2019-2026

12. Asia Pacific Acoustical Panel System Market Analysis and Forecast
   12.1. Introduction
      12.1.1. Basis Point Share (BPS) Analysis by Country
      12.1.2. Y-o-Y Growth Projections by Country
      12.1.3. Asia Pacific Average Pricing Analysis
   12.2. Asia Pacific Acoustical Panel System Market Size and Volume Forecast by Country
      12.2.1. China
      12.2.2. Japan
      12.2.3. South Korea
      12.2.4. India
      12.2.5. Australia
      12.2.6. Rest of Asia Pacific (APAC)
   12.3. Absolute $ Opportunity Assessment by Country
   12.4. Asia Pacific Acoustical Panel System Market Size and Volume Forecast by Application
      12.4.1. Residential Building
      12.4.2. Commercial Building
      12.4.3. Industrial Building
      12.4.4. Agricultural Building
   12.5. Basis Point Share (BPS) Analysis by Application
   12.6. Y-o-Y Growth Projections by Application
   12.7. Asia Pacific Acoustical Panel System Market Size and Volume Forecast by Type
      12.7.1. Roof
      12.7.2. Wall
      12.7.3. Ceiling
   12.8. Basis Point Share (BPS) Analysis by Type
   12.9. Y-o-Y Growth Projections by Type
   12.10. Market Attractiveness/Growth Potential Analysis
      12.10.1. By Country
      12.10.2. By Product Type
      12.10.3. By Application
      12.10.4. By Sales Channel
   12.11. Asia Pacific Acoustical Panel System Demand Share, 2019-2026

13. Middle East & Africa Acoustical Panel System Market Analysis and Forecast
   13.1. Introduction
      13.1.1. Basis Point Share (BPS) Analysis by Country
      13.1.2. Y-o-Y Growth Projections by Country
      13.1.3. Asia Pacific Average Pricing Analysis
   13.2. Middle East & Africa Acoustical Panel System Market Size and Volume Forecast by Country
      13.2.1. Saudi Arabia
      13.2.2. South Africa
      13.2.3. UAE
      13.2.4. Rest of Middle East & Africa (MEA)
   13.3. Absolute $ Opportunity Assessment by Country
   13.4. Middle East & Africa Acoustical Panel System Market Size and Volume Forecast by Application
      13.4.1. Residential Building
      13.4.2. Commercial Building
      13.4.3. Industrial Building
      13.4.4. Agricultural Building
   13.5. Basis Point Share (BPS) Analysis by Application
   13.6. Y-o-Y Growth Projections by Application
   13.7. Middle East & Africa Acoustical Panel System Market Size and Volume Forecast by Type
      13.7.1. Roof
      13.7.2. Wall
      13.7.3. Ceiling
   13.8. Basis Point Share (BPS) Analysis by Type
   13.9. Y-o-Y Growth Projections by Type
   13.10. Market Attractiveness/Growth Potential Analysis
      13.10.1. By Country
      13.10.2. By Product Type
      13.10.3. By Application
      13.10.4. By Sales Channel
   13.11. Middle East & Africa Acoustical Panel System Demand Share, 2019-2026

14. Competition Landscape
   14.1. Global Acoustical Panel System Market: Market Share Analysis
   14.2. Acoustical Panel System Distributors and Customers
   14.3. Acoustical Panel System Market: Competitive Dashboard
   14.4. Company Profiles (Details – Overview, Financials, Developments, Strategy) 
      14.4.1. Saint-Gobain Overview Financials Developments Strategic Outlook
      14.4.2. STAR-USG Overview Financials Developments Strategic Outlook
      14.4.3. Knauf Insulation Overview Financials Developments Strategic Outlook
      14.4.4. Armstrong Overview Financials Developments Strategic Outlook
      14.4.5. Stramit Overview Financials Developments Strategic Outlook
      14.4.6. Ecophon Overview Financials Developments Strategic Outlook
      14.4.7. Decustik Overview Financials Developments Strategic Outlook
      14.4.8. Kingspan Overview Financials Developments Strategic Outlook
      14.4.9. Assan Panel Overview Financials Developments Strategic Outlook
      14.4.10. Metecno Overview Financials Developments Strategic Outlook
      14.4.11. NCI Building Systems Overview Financials Developments Strategic Outlook
      14.4.12. Nucor Building Systems Overview Financials Developments Strategic Outlook
      14.4.13. Ruukki Overview Financials Developments Strategic Outlook
      14.4.14. COMPANY 14 Overview Financials Developments Strategic Outlook
      14.4.15. COMPANY 15 Overview Financials Developments Strategic Outlook
      14.4.16. COMPANY 16 Overview Financials Developments Strategic Outlook
      14.4.17. COMPANY 17 Overview Financials Developments Strategic Outlook
      14.4.18. COMPANY 18 Overview Financials Developments Strategic Outlook
      14.4.19. COMPANY 19 Overview Financials Developments Strategic Outlook
      14.4.20. COMPANY 20 Overview Financials Developments Strategic Outlook

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