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 | 2023–2030 |
| Base year considered | 2023 |
| Forecast period | 2024–2030 |
| 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
Q1. What are the driving factors for the global Textile Acoustic Panel market?
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
Q2. Which Segments are covered in the global Textile Acoustic Panel market report?
Material, Application, and Region. these 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?
Non-residential Construction 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?
Asia Pacific holds the largest share in the global Textile Acoustic Panel market
Q5. Which are the prominent players in the global Textile Acoustic Panel market?
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. are some key players in the global Textile Acoustic Panel market.
Data Library Research are conducted by industry experts who offer insight on industry structure, market segmentations technology assessment and competitive landscape (CL), and penetration, as well as on emerging trends. Their analysis is based on primary interviews (~ 80%) and secondary research (~ 20%) as well as years of professional expertise in their respective industries. Adding to this, by analysing historical trends and current market positions, our analysts predict where the market will be headed for the next five years. Furthermore, the varying trends of segment & categories geographically presented are also studied and the estimated based on the primary & secondary research.
In this particular report from the supply side Data Library Research has conducted primary surveys (interviews) with the key level executives (VP, CEO’s, Marketing Director, Business Development Manager and SOFT) of the companies that active & prominent as well as the midsized organization
FIGURE 1: DLR RESEARH PROCESS
Extensive primary research was conducted to gain a deeper insight of the market and industry performance. The analysis is based on both primary and secondary research as well as years of professional expertise in the respective industries.
In addition to analysing current and historical trends, our analysts predict where the market is headed over the next five years.
It varies by segment for these categories geographically presented in the list of market tables. Speaking about this particular report we have conducted primary surveys (interviews) with the key level executives (VP, CEO’s, Marketing Director, Business Development Manager and many more) of the major players active in the market.
Secondary ResearchSecondary research was mainly used to collect and identify information useful for the extensive, technical, market-oriented, and Friend’s study of the Global Extra Neutral Alcohol. It was also used to obtain key information about major players, market classification and segmentation according to the industry trends, geographical markets, and developments related to the market and technology perspectives. For this study, analysts have gathered information from various credible sources, such as annual reports, sec filings, journals, white papers, SOFT presentations, and company web sites.
Market Size EstimationBoth, top-down and bottom-up approaches were used to estimate and validate the size of the Global market and to estimate the size of various other dependent submarkets in the overall Extra Neutral Alcohol. The key players in the market were identified through secondary research and their market contributions in the respective geographies were determined through primary and secondary research.
Forecast Model
