Market Overview:
The global acoustic panel market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for acoustic panels from various end-use industries, such as the paper industry, food & beverage industry, chemical industry, and others. In addition, the growing awareness about noise pollution and its adverse effects is also propelling the demand for acoustic panels across the globe. Based on type, upflow anaerobic sludge blanket (UASB) was the largest segment of the global acoustic panel market in 2017. This segment is projected to grow at a CAGR of 5.8% from 2018 to 2030 due to its ability to treat high volumes of wastewater with low energy consumption and low operational costs.
Product Definition:
An acoustic panel is a type of noise control insulation used to reduce echoes and reverberation in a room. They are often made of fiberglass, but can also be made from other materials like mineral wool, foam, or cork. Acoustic panels are important for controlling the sound in a space so that it is more comfortable and productive for people to work or live in.
Upflow Anaerobic Sludge Blanket (UASB):
UASB is a highly effective and safe blanket used for anaerobic digestion of sludge. It consists of three layers; inner layer made up of polymeric material, middle layer which contains activated carbon and outer layer which is made up of perforated pipe. The flow rate can be controlled by the user depending upon the rate at which he wants to treat his sewage.
Internal Circulation Reactor(IC Reactor):
An internal circulation reactor is a closed system that contains a fluid medium which is driven by an external energy source. The driving force for the fluid movement is provided by the pressure difference between two media surfaces. In acoustic panels, these reactors are used to provide sound insulation and acoustics properties to walls and ceilings of buildings or other structures.
Application Insights:
The paper industry was the largest application segment in 2016 and is expected to witness a CAGR of XX% over the forecast period owing to rising demand for pulp from developing countries such as India, China, Thailand and Indonesia. The food & beverage industry accounted for 23.1% of market share in 2016 on account of acoustic panels being used for wastewater treatment processes at poultry farms, piggeries and cattle feedlots among others.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region has been witnessing a growing population, increasing industrialization, rapid urbanization, and rising disposable income. These factors are driving the construction industry in developing countries such as China and India which will result in increased demand for acoustic panels over the next eight years.
The European market was valued at USD X billion in 2017 owing to stringent regulations regarding water pollution coupled with high investments made by various governments for wastewater treatment processes across industries including food & beverage, chemical manufacturing etc.
Growth Factors:
- Increasing demand for acoustic panels in the commercial sector for noise control and aesthetics
- Rising awareness about the benefits of using acoustic panels for noise control in residential and commercial buildings
- Growing popularity of open-plan offices, which has led to an increase in demand for acoustic panels to reduce sound transmission between workstations
- Proliferation of online retail platforms that offer a wide range of acoustic panel products at competitive prices
- Increased spending on construction and renovation projects, as a result of which there is greater demand for acoustic panels
Scope Of The Report
Report Attributes
Report Details
Report Title
Acoustic Panel Market Research Report
By Type
Upflow Anaerobic Sludge Blanket (UASB), Internal Circulation Reactor(IC Reactor), Expanded Granular Sludge Bed Digestion (EGSB), Others
By Application
Paper Industry, Food & Beverage Industry, Chemical Industry, Others
By Companies
Paques, VEOLIA, GE Water & Process Technologies, PURAC, Bossco, Shandong Meiquan, Degremont, ADI System, Voith, Best Environmental Technology
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
215
Number of Tables & Figures
151
Customization Available
Yes, the report can be customized as per your need.
Global Acoustic Panel Market Report Segments:
The global Acoustic Panel market is segmented on the basis of:
Types
Upflow Anaerobic Sludge Blanket (UASB), Internal Circulation Reactor(IC Reactor), Expanded Granular Sludge Bed Digestion (EGSB), Others
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.
Applications
Paper Industry, Food & Beverage Industry, Chemical Industry, Others
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:
- Paques
- VEOLIA
- GE Water & Process Technologies
- PURAC
- Bossco
- Shandong Meiquan
- Degremont
- ADI System
- Voith
- Best Environmental Technology
Highlights of The Acoustic Panel Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Upflow Anaerobic Sludge Blanket (UASB)
- Internal Circulation Reactor(IC Reactor)
- Expanded Granular Sludge Bed Digestion (EGSB)
- Others
- By Application:
- Paper Industry
- Food & Beverage Industry
- Chemical Industry
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Acoustic Panel 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
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
An acoustic panel is a type of soundproofing material that is used to reduce noise levels in an area. Acoustic panels are typically made out of materials such as foam, fiberglass, or wood and can be installed in walls, ceilings, or floors. They are often used to reduce the noise level from traffic, machinery, and other sources.
Some of the major players in the acoustic panel market are Paques, VEOLIA, GE Water & Process Technologies, PURAC, Bossco, Shandong Meiquan, Degremont, ADI System, Voith, Best Environmental Technology.
The acoustic panel market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Acoustic Panel Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Acoustic Panel Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Acoustic Panel Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Acoustic Panel Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Acoustic Panel Market Size & Forecast, 2020-2028
4.5.1 Acoustic Panel Market Size and Y-o-Y Growth
4.5.2 Acoustic Panel Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Upflow Anaerobic Sludge Blanket (UASB)
5.2.2 Internal Circulation Reactor(IC Reactor)
5.2.3 Expanded Granular Sludge Bed Digestion (EGSB)
5.2.4 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Paper Industry
6.2.2 Food & Beverage Industry
6.2.3 Chemical Industry
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Acoustic Panel Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Acoustic Panel Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Upflow Anaerobic Sludge Blanket (UASB)
9.6.2 Internal Circulation Reactor(IC Reactor)
9.6.3 Expanded Granular Sludge Bed Digestion (EGSB)
9.6.4 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Paper Industry
9.10.2 Food & Beverage Industry
9.10.3 Chemical Industry
9.10.4 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Upflow Anaerobic Sludge Blanket (UASB)
10.6.2 Internal Circulation Reactor(IC Reactor)
10.6.3 Expanded Granular Sludge Bed Digestion (EGSB)
10.6.4 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Paper Industry
10.10.2 Food & Beverage Industry
10.10.3 Chemical Industry
10.10.4 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Upflow Anaerobic Sludge Blanket (UASB)
11.6.2 Internal Circulation Reactor(IC Reactor)
11.6.3 Expanded Granular Sludge Bed Digestion (EGSB)
11.6.4 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Paper Industry
11.10.2 Food & Beverage Industry
11.10.3 Chemical Industry
11.10.4 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Upflow Anaerobic Sludge Blanket (UASB)
12.6.2 Internal Circulation Reactor(IC Reactor)
12.6.3 Expanded Granular Sludge Bed Digestion (EGSB)
12.6.4 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Paper Industry
12.10.2 Food & Beverage Industry
12.10.3 Chemical Industry
12.10.4 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size 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 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Upflow Anaerobic Sludge Blanket (UASB)
13.6.2 Internal Circulation Reactor(IC Reactor)
13.6.3 Expanded Granular Sludge Bed Digestion (EGSB)
13.6.4 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Paper Industry
13.10.2 Food & Beverage Industry
13.10.3 Chemical Industry
13.10.4 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Acoustic Panel Market: Competitive Dashboard
14.2 Global Acoustic Panel Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Paques
14.3.2 VEOLIA
14.3.3 GE Water & Process Technologies
14.3.4 PURAC
14.3.5 Bossco
14.3.6 Shandong Meiquan
14.3.7 Degremont
14.3.8 ADI System
14.3.9 Voith
14.3.10 Best Environmental Technology
