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Global Acoustics Market By Material (Glass Wool, Acoustic Fabrics & Insulator, Fabric Absorbers Fabric, Noise Barriers), By End-Use (Building & Construction, Industrial/HVAC & OEM, Transport), By Geographic Scope and Forecast


Published on: 2024-08-07 | No of Pages : 320 | Industry : latest updates trending Report

Publisher : MIR | Format : PDF&Excel

Global Acoustics Market By Material (Glass Wool, Acoustic Fabrics & Insulator, Fabric Absorbers Fabric, Noise Barriers), By End-Use (Building & Construction, Industrial/HVAC & OEM, Transport), By Geographic Scope and Forecast

Global Acoustics Market Size and Forecast

Global Acoustics Market size was valued at USD 2.51 Billion in 2024 and is projected to reach USD 4.01 Billion by 2031, growing at a CAGR of 6.01% from 2024 to 2031.

  • Acoustics is the study and management of sound, including its propagation, regulation, and effects on the environment and human activities.
  • Acoustics is important in applications because it helps to design places with ideal sound quality, reduce noise pollution in cities, and improve acoustic comfort in buildings, transportation, and industry.
  • Future improvements in acoustics are expected to incorporate smart technology for real-time noise monitoring and adaptive management, produce sustainable acoustic materials to reduce environmental effect, and meet global demand for healthier and quieter living and working environments.

Global Acoustics Market Dynamics

The key market dynamics that are shaping the global acoustics market include

Key Market Drivers

  • Regulatory StandardsAround the world, stringent noise restrictions and building rules fuel demand for acoustic solutions in the construction, transportation, and industrial sectors. Compliance with these requirements promotes investment in soundproofing and noise-control devices.
  • Urbanization and Infrastructure Development Rapid urbanization, combined with infrastructure expansion projects, raises the demand for acoustic solutions to reduce noise pollution in heavily populated regions. This comprises highway sound barriers, noise-reducing building materials, and public-space acoustic treatments.
  • Focus on Health and Wellbeing As people become more aware of the negative impacts of noise pollution on their health, such as stress, sleep disruptions, and hearing loss, there is a growing need for acoustic solutions that improve acoustic comfort in residential, business, and healthcare environments.
  • Technological Advancementsincreasing acoustic materials such as improved glass wool, fabric absorbers, and smart acoustic panels with embedded sensors are driving market expansion. These technologies improve sound absorption, durability, and environmental sustainability, satisfying growing customer demand for effective noise control solutions.

Key Challenges

  • Cost Considerations The high prices involved with acoustic materials and installation might be prohibitive for some customers and businesses, lowering adoption rates, particularly in developing countries.
  • Complexity of Rules Navigating numerous and stringent noise rules across areas and sectors necessitates extensive compliance efforts, which can result in project delays and expense increases.
  • Technological Integration Introducing modern acoustic technology into existing infrastructure and building designs can be difficult, necessitating expertise and even disturbing ongoing operations.
  • Perception and Understanding A lack of understanding among consumers and businesses about the benefits of acoustic solutions, as well as misconceptions about their effectiveness, can stymie market growth and acceptance.

Key Trends

  • Smart Acoustic Solutions The use of smart technologies such as IoT (Internet of Things) and AI (Artificial Intelligence) for real-time noise monitoring and adaptive control of acoustic settings.
  • Sustainable Materials There is an increasing need for eco-friendly acoustic materials and solutions that reduce environmental impact, such as recycled materials and products with minimal VOC (Volatile Organic Compound) emissions.
  • Customization and Personalization Emphasizing customized acoustic solutions tailored to individual applications and aesthetic preferences, hence improving user experience and design flexibility.
  • Health-Driven Innovations The creation of acoustic devices that improve indoor air quality, reduce stress, and encourage better sleep, in response to the increased emphasis on health and wellbeing in building design and urban planning.

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Global Acoustics Market Regional Analysis

Here is a more detailed regional analysis of the global acoustics market

North America

  • North America dominates the acoustics market, driven by a powerful ecosystem of factors. Stringent noise control rules in businesses, residential areas, and public spaces are driving the market toward creative solutions.
  • A well-established construction sector, combined with a focus on sustainable building practices, drives rising demand for high-performance acoustic insulation materials. Furthermore, North America has a robust manufacturing sector and a congested transportation network, both of which cause significant noise pollution. This involves the development and use of modern acoustic dampening technology.
  • Furthermore, as consumers become more aware of the detrimental health effects of noise exposure, demand for noise-canceling headphones and acoustic solutions for homes and businesses increases. This convergence of elements strengthens North America’s position as the unchallenged leader in the global acoustics market.
  • In terms of acoustics market growth, the Asia Pacific region reigns supreme. A number of factors have contributed to this tremendous rise.
  • Governments in nations such as China, India, and South Korea are increasing their spending in infrastructure development. This needs improvements in sound insulation for buildings, transit systems, and manufacturing facilities.
  • Expanding urbanization creates an increased demand for noise control solutions in residential and commercial areas. Finally, rising disposable incomes in the region enable increased spending on products such as noise-cancelling headphones and advanced acoustic treatments for homes and businesses. These factors combine to position Asia Pacific as the world’s fastest-growing market for acoustics solutions.

 Asia Pacific

  • In terms of acoustics market growth, the Asia Pacific region reigns supreme. A number of factors have contributed to this tremendous rise.
  • Governments in nations such as China, India, and South Korea are increasing their spending in infrastructure development. This needs improvements in sound insulation for buildings, transit systems, and manufacturing facilities.
  • Expanding urbanization creates an increased demand for noise control solutions in residential and commercial areas.
  • Rising disposable incomes in the region enable increased spending on products such as noise-cancelling headphones and advanced acoustic treatments for homes and businesses. These factors combine to position Asia Pacific as the world’s fastest-growing market for acoustics solutions.

Global Acoustics MarketSegmentation Analysis

The Global Acoustics Market is segmented on the basis of By Material, By End-User, and By Geography.

Acoustics Market, By Material

  • Glass Wool
  • Acoustic Fabrics & Insulator
  • Fabric Absorbers
  • Fabric Noise Barriers

Based on Material, the Global Acoustics Market is segmented into Glass Wool, Acoustic Fabrics & Insulator, and Fabric Absorbers, and Fabric Noise Barriers. Glass wool is now the market leader due to its superior sound absorption capabilities and extensive use in building insulation and acoustic panels. Fabric noise barriers are the fastest growing segment because they provide flexible installation options and aesthetic appeal, especially in metropolitan areas where noise pollution control is vital for residential and commercial buildings.

Acoustics Market, By End-User

  • Building & Construction
  • Industrial/HVAC & OEM
  • Transport

Based on End-User, the Global Acoustics Market is segmented into Building & Construction, Industrial/HVAC & OEM, and Transport. The building and construction sector dominates due to the broad application of acoustic solutions in residential, commercial, and institutional buildings around the world, fueled by regulations and a desire for improved acoustic comfort. The transport industry is growing the fastest, notably in Asia Pacific, as governments and industries work to reduce noise pollution in transportation systems such as roads, rail, and aviation.

Acoustics Market, By Geography

  • North America
  • Europe
  • Asia Pacific
  • Rest of the World

On the basis of Geography, the Global Acoustics Market are classified into North America, Europe, Asia Pacific, and Rest of World. North America currently dominates the market due to increasing demand for acoustic solutions in a variety of industries including construction, automotive, and industrial applications. Asia Pacific is the fastest growing region in the acoustics industry, owing to rapid urbanization, infrastructural development, and increased awareness of noise pollution control methods in nations such as China, India, and Southeast Asia.

Key Players

The “Global Acoustics Market” study report will provide valuable insight with an emphasis on the global market. The major players in the market are Du Pont, Inc., Rockwool Group, BASF Group, Acoustics First Corporation, 3M, Inc., Fletcher Building Limited, dB Acoustics Pte Ltd., Armacell Group, Knauf Insulation, Johns Manville Corporation, and other

Our market analysis also entails a section solely dedicated to such major players wherein our analysts provide an insight into the financial statements of all the major players, along with its product benchmarking and SWOT analysis. The competitive landscape section also includes key development strategies, market share, and market ranking analysis of the above-mentioned players globally.

Global Acoustics MarketRecent Developments

  • In July 2024, SciTechDaily covered improvements in AI technology for noise-cancelling headphones. Companies such as Bose and Sony are actively developing similar features, with the goal of providing customers with personalized control over the sounds they hear. While not a press release, this identifies a development in which companies are actively working on its implementation.
  • In April 2024, Harman International, a prominent audio solution provider, has announced a collaboration with Hyundai to create active noise cancellation systems for electric vehicles. This technology seeks to provide a quieter and more comfortable driving experience.

Report Scope

REPORT ATTRIBUTESDETAILS
STUDY PERIOD

2021-2031

BASE YEAR

2024

FORECAST PERIOD

2024-2031

HISTORICAL PERIOD

2021-2023

Unit

Value (USD Billion)

KEY COMPANIES PROFILED

Du Pont, Inc., Rockwool Group, BASF Group, Acoustics First Corporation, 3M, Inc., Fletcher Building Limited, dB Acoustics Pte Ltd., Armacell Group, Knauf Insulation, Johns Manville Corporation, and other

SEGMENTS COVERED
  • By Material
  • By End-User
  • By Geography
CUSTOMIZATION SCOPE

Free report customization (equivalent up to 4 analyst’s working days) with purchase. Addition or alteration to country, regional & segment scope

Research Methodology of Market Research

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Reasons to Purchase this Report

• Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors• Provision of market value (USD Billion) data for each segment and sub-segment• Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market• Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region• Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled• Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players• The current as well as the future market outlook of the industry with respect to recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions• Includes in-depth analysis of the market of various perspectives through Porter’s five forces analysis• Provides insight into the market through Value Chain• Market dynamics scenario, along with growth opportunities of the market in the years to come• 6-month post-sales analyst support

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Table of Content

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