Global Textile Acoustic Panel Market, By Material (Natural, Synthetic), By Application (Residential Construction, Non-residential Construction, Commercial Construction, Transportation), and opportunities and forecast 2020-2027

Textile Acoustic Panel Market Overview

The goal of acoustic treatment in modern architecture is to make sound travel in a hall or room as clear as possible. It also seeks to balance the sound volume. To improve speech clarity, listening quality, and recording quality, textile acoustic panels are used. Homeowners, hospital patients, students, and office workers, as well as experts in the design and construction industries, all rely on acoustics in their daily lives. Because of the expansion in smart city initiatives and infrastructure development projects by various governments, the market for urban planning services is expected to grow rapidly. The growing desire for modern architecture is expected to drive the demand for textile acoustic panels, creating considerable growth opportunities for the textile acoustic panel market.
 
Textile acoustic panels have a bright future in the transportation industry. The aircraft industry, for example, has a strong demand for acoustic solutions. Acoustic panels reduce the amplitude of waves by attenuating airport creasing air resistance.

Report Metric	Details
Market size available for years	2019–2027
Base year considered	2019
Forecast period	2020–2027
Forecast unit	Value (USD Million)
Segments covered	Material, Application, and Region.
Regions covered	North America (the U.S. and Canada), Europe (UK, Germany, France, Italy, Spain, Russia, Rest of Europe), Asia-Pacific (China, India, Japan, Australia, South East Asia, Rest of Asia Pacific), Latin America and the Middle East and Africa (Brazil, Saudi Arabia, UAE, Rest of LAMEA)
Companies covered	Saint - Gobain Ecophon, Knauf Inulation, Abstracta, STAR – USG, Buildx Interior Products Private Limited, USG BORAL, Guangdong Liyin Acoustics Technology Co., Ltd., Hebei Borunde Building Materials Co., Ltd., G&S Acoustics, Primacoustic (Radial Engineering Ltd.), FabriTRAK Systems, Inc., Apex Acoustics Ltd., Guangzhou Hui Acoustics Building Materials Co., Ltd., Himalyan Acoutics, Techno Ceiling Products.

Covid-19 Impact on Textile Acoustic Panel Market

The ongoing COVID-19 pandemic conditions have severely affected every sector around the world. Whereas, the chemicals and materials sectors were moderately affected during the pandemic. This is primarily due to the uncut demand for chemicals for healthcare, life science, and cleaning agents. However, other elements of chemical and material sectors such as paints, industrial oil, construction materials are facing diminution in demand. Strict lockdown resulted in a nearly 50-60% reduction in supply for raw materials, which directly affected the manufacturing process. Further, halt on many end-use industries directly affected the chemical demand all around the world.

Textile Acoustic Panel Market Segment Overview



According to Application, Non-residential Construction is one of the largest segments in the Textile Acoustic Panel Market. During the forecast period, demand for textile acoustic panels in non-residential building applications such as educational institutions, health care, auditoriums & convention centers, and other structures such as churches, courts, public libraries, and museums is predicted to be strong.

In the near future, commercial construction is expected to be a highly profitable application segment of the global textile acoustic panel market. The surge in demand for architectural acoustics in office spaces, malls & supermarkets, cinemas & theatres, music studios, and leisure & hospitality structures such as hotels, nightclubs, and banquet halls can be attributed to the segment's high desirability.
 
Textile Acoustic Panel Market, By Material
·       Natural
·       Synthetic
 
Textile Acoustic Panel Market, By Application
·       Residential Construction
·       Non-residential Construction
·       Commercial Construction
·       Transportation

Textile Acoustic Panel Market Regional Overview

In terms of geography, the global Textile Acoustic Panel market is classified into North America, South America, Europe, Asia Pacific, and Middle East & Africa. The Asia Pacific is predicted to be a major market for textile acoustic panels in the estimated period. The Asia Pacific has experienced rapid industrialization and urbanization, as well as population expansion. The building industry in the region has been boosted by foreign direct investment (FDI). The current government, social, and public big infrastructure projects have sparked significant interest from overseas investors in India's infrastructure industry.
 
Textile Acoustic Panel Market, By Geography
 
·       North America (US & Canada)
·       Europe (UK, Germany, France, Italy, Spain, Russia & Rest of Europe)
·       Asia-Pacific (Japan, China, India, Australia, & South Korea, & Rest of Asia-Pacific)
·       LAMEA (Brazil, Saudi Arabia, UAE & Rest of LAMEA)
 
Textile Acoustic Panel Market, Key Players

·       Saint - Gobain Ecophon
·       Knauf Inulation
·       Abstracta
·       STAR - USG
·       Buildx Interior Products Private Limited
·       USG BORAL
·       Guangdong Liyin Acoustics Technology Co., Ltd.
·       Hebei Borunde Building Materials Co., Ltd.
·       G&S Acoustics
·       Primacoustic (Radial Engineering Ltd.)
·       FabriTRAK Systems, Inc.
·       Apex Acoustics Ltd.
·       Guangzhou Hui Acoustics Building Materials Co., Ltd.
·       Himalyan Acoutics
·       Techno Ceiling Products

Frequently Asked Questions (FAQ) :

Q1. What are the driving factors for the global Textile Acoustic Panel market?

Q2. Which Segments are covered in the global Textile Acoustic Panel market report?

Q3. Which segment is projected to hold the largest share in the global Textile Acoustic Panel market?

Q4. Which region holds the largest share in the global Textile Acoustic Panel market?

Q5. Which are the prominent players in the global Textile Acoustic Panel market?