The global sound absorbing panels market is expected to grow at a CAGR of 4.5% during the forecast period, from 2021 to 2030. The growth of this market can be attributed to the increasing demand for soundproofing materials in residential and commercial buildings. The increasing awareness about the importance of noise pollution has led to an increase in demand for soundproofing materials, which is driving the growth of this market.
The global sound absorbing panels market by type is segmented into wooden, mineral wool, and fiberglass panels. Wooden panels are expected to account for a significant share in the global sound absorbing panel market due to their low cost and high acoustic absorption properties. Mineral wool panels are also expected to witness significant growth owing to their high acoustic absorption properties and low cost as compared with fiberglass panels. Fiberglass panels are anticipated to witness moderate growth owing mainly due its higher cost as compared with other types of panel materials such as wood or mineral wool.
- The increasing demand for sound absorbing panels in the construction industry is one of the major factors driving the growth of this market.
- The increasing demand for sound absorbing panels in commercial and residential buildings is another factor driving the growth of this market.
- Increasing awareness about acoustic insulation among end-users, especially in Europe and North America, is also a factor that will drive the growth of this market.
- Increasing use of sound absorbing panels as an acoustic barrier against noise pollution will also drive the growth of this market.
Industry Growth Insights published a new data on “Sound Absorbing Panels Market”. The research report is titled “Sound Absorbing Panels Market research by Types (Wooden Sound Absorbing Panels, Mineral Wool Sound Absorbing Panels, Fiberglass Sound Absorbing Panels), By Applications (Commercial Building, Residential, Industrial Building), By Players/Companies NetWell Noise Control, GIK Acoustics, STAR-USG, BNBM, SPAH, BadWave, Acoustic Solution, Armstrong, Gyproc, UsgBoral, Beiyang Building Material Co., Ltd., Leeyin, Tiange Acoustic, Suzhou Joyo Meihua Acoustic Material, Foshan Tiange Science And Technology, Shanghai Colorbo Industrial, Saint-Gobain, Knauf Insulation, Burgeree”.
Scope Of The Report
Report Attributes
Report Details
Report Title
Sound Absorbing Panels Market Research Report
By Type
Wooden Sound Absorbing Panels, Mineral Wool Sound Absorbing Panels, Fiberglass Sound Absorbing Panels
By Application
Commercial Building, Residential, Industrial Building
By Companies
NetWell Noise Control, GIK Acoustics, STAR-USG, BNBM, SPAH, BadWave, Acoustic Solution, Armstrong, Gyproc, UsgBoral, Beiyang Building Material Co., Ltd., Leeyin, Tiange Acoustic, Suzhou Joyo Meihua Acoustic Material, Foshan Tiange Science And Technology, Shanghai Colorbo Industrial, Saint-Gobain, Knauf Insulation, Burgeree
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
248
Number of Tables & Figures
174
Customization Available
Yes, the report can be customized as per your need.
Global Sound Absorbing Panels Market Report Segments:
The global Sound Absorbing Panels market is segmented on the basis of:
Types
Wooden Sound Absorbing Panels, Mineral Wool Sound Absorbing Panels, Fiberglass Sound Absorbing Panels
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
Commercial Building, Residential, Industrial 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:
- NetWell Noise Control
- GIK Acoustics
- STAR-USG
- BNBM
- SPAH
- BadWave
- Acoustic Solution
- Armstrong
- Gyproc
- UsgBoral
- Beiyang Building Material Co., Ltd.
- Leeyin
- Tiange Acoustic
- Suzhou Joyo Meihua Acoustic Material
- Foshan Tiange Science And Technology
- Shanghai Colorbo Industrial
- Saint-Gobain
- Knauf Insulation
- Burgeree
Highlights of The Sound Absorbing Panels 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:
- Wooden Sound Absorbing Panels
- Mineral Wool Sound Absorbing Panels
- Fiberglass Sound Absorbing Panels
- By Application:
- Commercial Building
- Residential
- Industrial Building
- 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 Sound Absorbing Panels 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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- 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?
Sound absorbing panels are a type of acoustic insulation that use sound waves to reduce the transmission of noise. They are typically used in buildings to reduce the noise from outside sources, such as traffic or wind.
Some of the major players in the sound absorbing panels market are NetWell Noise Control, GIK Acoustics, STAR-USG, BNBM, SPAH, BadWave, Acoustic Solution, Armstrong, Gyproc, UsgBoral, Beiyang Building Material Co., Ltd., Leeyin, Tiange Acoustic, Suzhou Joyo Meihua Acoustic Material, Foshan Tiange Science And Technology, Shanghai Colorbo Industrial, Saint-Gobain, Knauf Insulation, Burgeree.
The sound absorbing panels market is expected to grow at a compound annual growth rate of 4.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Sound Absorbing Panels 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. Sound Absorbing Panels Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Sound Absorbing Panels Market - Supply Chain
4.5. Global Sound Absorbing Panels Market Forecast
4.5.1. Sound Absorbing Panels Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Sound Absorbing Panels Market Size (000 Units) and Y-o-Y Growth
4.5.3. Sound Absorbing Panels Market Absolute $ Opportunity
5. Global Sound Absorbing Panels 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. Sound Absorbing Panels Market Size and Volume Forecast by Type
5.3.1. Wooden Sound Absorbing Panels
5.3.2. Mineral Wool Sound Absorbing Panels
5.3.3. Fiberglass Sound Absorbing Panels
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Sound Absorbing Panels 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. Sound Absorbing Panels Market Size and Volume Forecast by Application
6.3.1. Commercial Building
6.3.2. Residential
6.3.3. Industrial Building
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Sound Absorbing Panels 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. Sound Absorbing Panels 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 Sound Absorbing Panels 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. Sound Absorbing Panels 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 Sound Absorbing Panels Demand Share Forecast, 2019-2026
9. North America Sound Absorbing Panels 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 Sound Absorbing Panels 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 Sound Absorbing Panels Market Size and Volume Forecast by Application
9.4.1. Commercial Building
9.4.2. Residential
9.4.3. Industrial Building
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Sound Absorbing Panels Market Size and Volume Forecast by Type
9.7.1. Wooden Sound Absorbing Panels
9.7.2. Mineral Wool Sound Absorbing Panels
9.7.3. Fiberglass Sound Absorbing Panels
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 Sound Absorbing Panels Demand Share Forecast, 2019-2026
10. Latin America Sound Absorbing Panels 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 Sound Absorbing Panels 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 Sound Absorbing Panels Market Size and Volume Forecast by Application
10.4.1. Commercial Building
10.4.2. Residential
10.4.3. Industrial Building
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Sound Absorbing Panels Market Size and Volume Forecast by Type
10.7.1. Wooden Sound Absorbing Panels
10.7.2. Mineral Wool Sound Absorbing Panels
10.7.3. Fiberglass Sound Absorbing Panels
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 Sound Absorbing Panels Demand Share Forecast, 2019-2026
11. Europe Sound Absorbing Panels 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 Sound Absorbing Panels 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 Sound Absorbing Panels Market Size and Volume Forecast by Application
11.4.1. Commercial Building
11.4.2. Residential
11.4.3. Industrial Building
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Sound Absorbing Panels Market Size and Volume Forecast by Type
11.7.1. Wooden Sound Absorbing Panels
11.7.2. Mineral Wool Sound Absorbing Panels
11.7.3. Fiberglass Sound Absorbing Panels
11.8. Basis Point 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 Sound Absorbing Panels Demand Share, 2019-2026
12. Asia Pacific Sound Absorbing Panels 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 Sound Absorbing Panels 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 Sound Absorbing Panels Market Size and Volume Forecast by Application
12.4.1. Commercial Building
12.4.2. Residential
12.4.3. Industrial Building
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Sound Absorbing Panels Market Size and Volume Forecast by Type
12.7.1. Wooden Sound Absorbing Panels
12.7.2. Mineral Wool Sound Absorbing Panels
12.7.3. Fiberglass Sound Absorbing Panels
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 Sound Absorbing Panels Demand Share, 2019-2026
13. Middle East & Africa Sound Absorbing Panels 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 Sound Absorbing Panels 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 Sound Absorbing Panels Market Size and Volume Forecast by Application
13.4.1. Commercial Building
13.4.2. Residential
13.4.3. Industrial Building
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Sound Absorbing Panels Market Size and Volume Forecast by Type
13.7.1. Wooden Sound Absorbing Panels
13.7.2. Mineral Wool Sound Absorbing Panels
13.7.3. Fiberglass Sound Absorbing Panels
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 Sound Absorbing Panels Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Sound Absorbing Panels Market: Market Share Analysis
14.2. Sound Absorbing Panels Distributors and Customers
14.3. Sound Absorbing Panels Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. NetWell Noise Control
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. GIK Acoustics
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. STAR-USG
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. BNBM
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. SPAH
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. BadWave
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Acoustic Solution
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Armstrong
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Gyproc
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. UsgBoral
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Beiyang Building Material Co., Ltd.
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Leeyin
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Tiange Acoustic
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Suzhou Joyo Meihua Acoustic Material
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Foshan Tiange Science And Technology
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. Shanghai Colorbo Industrial
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. Saint-Gobain
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. Knauf Insulation
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. Burgeree
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
