Architectural Acoustic Panels Market: Global Industry Analysis and Forecast (2021-2027)

Architectural Acoustic Panels Market Definition:  

Architectural acoustics is a subfield of acoustical engineering that is also known as room acoustics and building acoustics. In order to control the noise produced by structures and achieve the necessary acoustics, architectural acoustic panels are frequently used in commercial and industrial projects. It is the science of producing a good sound in a structure. In many different types of environments, architectural acoustic panels are utilised to reduce noise and regulate sound. They are a crucial component of buildings since they are used to manage and minimise noise. Architectural acoustic panels come in a variety of forms today, including acoustic membranes, resonators, and porous materials. One of the most common types is a porous material panel.

 

Further, the Architectural Acoustic Panels market is segmented by Product, Application, and geography. On the basis of Product, the Architectural Acoustic Panels market is segmented under Metal Acoustics Panel, Plastic Acoustics Panel and Wood Acoustics Panel. Based on the Application, the Architectural Acoustic Panels market is segmented under the channels of Residential, Commercial and Industrial. By geography, the market covers the following Regions: North America, Europe, Asia-Pacific, South America, and Middle East & Africa. For each segment, the market sizing and forecasts have been done on the basis of value (in USD Billion).

 

 

Architectural Acoustic Panels Market COVID-19 Insights:

Due to new government laws intended to stop the spread of COVID-19, the COVID-19 pandemic has prompted numerous enterprises in the architectural acoustic panel sector to discontinue operations. The market for architectural acoustic panels will suffer because of this interruption in production. Due to the worldwide lockdown imposed by governments to stop the fatal virus' exponential spread, the market for architectural acoustic panels is at a halt. The situations in 2020 and 2021 are different. The market for architectural acoustic panels has been impacted by a stop in building activities and lockdowns for several months; a sluggish recovery is anticipated over the next few years.

 

Architectural Acoustic Panels Market Dynamics:

Concert halls, theatres, auditoriums, music studios, and other venues are key consumers of acoustic panels worldwide. The architectural acoustic panel market focuses on decreasing noise in lobbies and rooms. These panels successfully control the reverberation effects to improve the occupants' overall hearing comfort. They are adaptable and may be trained to take in particular frequencies to produce a powerful musical experience. Since the majority of these items are now being developed as sustainable solutions, it is projected that the use of plastic acoustic panels will increase quickly. Rugged applications include linear infrastructure projects, wastewater treatment facilities, and industrial facilities using metal acoustic panels.

 

Architectural Acoustic Panels Market Trends:

By using recyclable and environmentally friendly materials, acoustic panel producers are paving the way for sustainability. One of the top producers of acoustic panels, Baux, has introduced chemical-free pulp from responsibly collected Swedish fir and pine trees used to make sustainable acoustic panels. 

 

Furthermore, these ornamental panels have undergone testing and proven successful in soundproofing a variety of settings, including residences, restaurants, and offices. Audi Mute, one of the well-known manufacturers of "green" acoustic devices, introduced its new products under the eco-C-tex name. These goods are made from cellulose and recycled cotton.

 

Architectural Acoustic Panels Market Segment Analysis:

By Product Type, Due to their great performance and high level of durability, wood acoustic panels are the preferred option for the majority of consumers. These panels are simple to modify to suit the application and client requirements. Wooden acoustic panels are often used in concert halls and movie theatres, where sound control is important. Since the majority of these items are now being developed as sustainable solutions, the use of plastic acoustic panels is forecast to grow quickly. These panels also have an advantage over competing items due to their affordable price. Rugged applications include linear infrastructure projects, wastewater treatment facilities, and industrial facilities using metal acoustic panels.

 

 

By Application, Due to greater adoption, the commercial sector accounted for the largest market share for architectural acoustic panels in 2021. The commercial sector, which accounted for more than half of the market's worldwide value in 2021, dominates the market. Among the commercial enterprises that drive the market for these panels are multinational offices, music halls, restaurants, hotels, schools, auditoriums, and government buildings. 

 

The second-largest market share belonged to the industrial sector. Compared to emerging economies, established countries have used these panels more frequently in this category. Due to the growing home-office culture, particularly in the developed economies of Europe and North America, the residential sector is anticipated to have consistent development.

 

Architectural Acoustic Panels Market Regional Insights:

The Asia Pacific region, closely followed by Europe, led the worldwide market in 2021. The building business is expanding quickly in India, China, and the ASEAN nations. The primary driving force behind the region's economic development has increasingly been foreign direct investment (FDI). This has increased demand for these panels in the area both directly and indirectly by stimulating the infrastructure market and the growth of the tourism market.

 

In 2021, Europe had the second-largest proportion of the worldwide market. Numerous international corporations have offices around the continent, actively utilising acoustic panels to fulfil the high standards of living and legislation in the area.

 

Architectural Acoustic Panels Market Key Players Insights:

The market is characterized by the existence of a number of well-known firms. These companies control a large portion of the market, have a wide product portfolio, and have a global presence. In addition, the market comprises small to mid-sized competitors that sell a limited variety of items, some of which are self-publishing organizations.

 

The market's major companies have a significant impact because most of them have extensive global networks through which they can reach their massive client bases. To drive revenue growth and strengthen their positions in the global market, key players in the market, particularly in North America and Europe, are focusing on strategic initiatives such as acquisitions, new collection launches, and partnerships.

 

The objective of the report is to present a comprehensive analysis of the Global Architectural Acoustic Panels market to the stakeholders in the industry. The report provides trends that are most dominant in the Global Architectural Acoustic Panels market and how these trends will influence new business investments and market development throughout the forecast period. The report also aids in the comprehension of the Global Architectural Acoustic Panels Market dynamics and competitive structure of the market by analyzing market leaders, market followers, and regional players.

 

The qualitative and quantitative data provided in the Global Architectural Acoustic Panels market report is to help understand which market segments, regions are expected to grow at higher rates, factors affecting the market, and key opportunity areas, which will drive the industry and market growth through the forecast period. The report also includes the competitive landscape of key players in the industry along with their recent developments in the Global Architectural Acoustic Panels market. The report studies factors such as company size, market share, market growth, revenue, production volume, and profits of the key players in the Global Architectural Acoustic Panels market.

 

 

The report provides Porter's Five Force Model, which helps in designing the business strategies in the market. The report helps in identifying how many rivals exist, who they are, and how their product quality is in the Global Architectural Acoustic Panels market. The report also analyses if the Global Architectural Acoustic Panels market is easy for a new player to gain a foothold in the market, do they enter or exit the market regularly, if the market is dominated by a few players, etc.

 

The report also includes a PESTEL Analysis, which aids in the development of company strategies. Political variables help in figuring out how much a government can influence the Global Architectural Acoustic Panels market. Economic variables aid in the analysis of economic performance drivers that have an impact on the Global Architectural Acoustic Panels market. Understanding the impact of the surrounding environment and the influence of environmental concerns on the Global Architectural Acoustic Panels market is aided by legal factors.

 

Architectural Acoustic Panels Market Scope:

Global Architectural Acoustic Panels Market		Market Segmentation
Market Indicators:	Details	by Product	Metal Acoustics Panel Plastic Acoustics Panel Wood Acoustics Panel
Historical Data:	2017-2020	by Application	Residential Commercial Industrial
Forecast Period:	2022-2027	by Region	Europe Asia Pacific Middle East and Africa South America North America
Base Year:	2021
CAGR:	4.9 %
Market Size in 2021:	USD 7.3 Billion
Market size in 2027:	USD 9.7 Billion

 

Architectural Acoustic Panels Market Key Players: 

• Saint-Gobain (France)
• Armstrong (U.S.)
• Knauf Insulation (U.S.)
• Beijing New Building Material (China)
• Jiangsu Burgeree New Technology Materials Co, LTD. (China)
• Beiyang (China)
• Greener Acoustics (South Africa)
• Leeyin Acoustic Panel (China)
• Hunter Douglas (Netherlands)
• Hebei Bo. Run-de (China)
• G&S Acoustics (U.S.)
• Vicoustic (Portugal)
• STAR-USG (China)