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Architectural Acoustic Panels Market by Material (Plastic panels, Non-plastic panels), by Type (Horizontal acoustic panel, Vertical acoustic panel), by End-users (Commercial, Residential, Industrial): Global Opportunity Analysis and Industry Forecast, 2022-2030

Architectural Acoustic Panels Market by Material (Plastic panels, Non-plastic panels),...

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Architectural Acoustic Panels Market by Material (Plastic panels, Non-plastic panels), by Type (Horizontal acoustic panel, Vertical acoustic panel), by End-users (Commercial, Residential, Industrial): Global Opportunity Analysis and Industry Forecast, 2022-2030
Architectural Acoustic Panels Market by...
Report Code
RO13/128/1007

Publish Date
14/Apr/2023

Pages
200
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The global architectural acoustic panels market revenue was around US$ 7.3 billion in 2021 and is estimated to reach US$ 12.65 billion by 2030, growing at a compound annual growth rate (CAGR) of 6.3% during the forecast period from 2022 to 2030.

An architectural acoustic panel is a sound-absorbing panel used to reduce echo and reverberation across every space. This panel which absorbs sound is used in large spaces to reduce echo and reverberation. The science and engineering of achieving good sound inside a building.

Factors Influencing Market Growth

- Increased demand for highly attractive building designs and increased construction activity across several areas, including Europe and Asia-Pacific, are anticipated to drive the expansion of the global architectural acoustic panel market.

- The use of architectural acoustic panels in residential properties is fueled by an increase in the population's disposable income and a change in the standard of living, which is fueling the market's expansion.

- The architectural acoustic panels market is expanding due to rising urbanization and industrialization in developing nations like Germany, France, and the United States.

Study of the COVID-19 Pandemic

The COVID-19 pandemic halted the production of several products in the architectural acoustic panel market was put on hold. In addition, with the release of the COVID-19 vaccine on the market, fewer cases of the disease are anticipated. Companies manufacturing architectural acoustic panels have reopened and are operating at full capacity. By the end of 2022, this is anticipated to aid in the market's recovery.

Regional Insights

Europe registered the largest market share for global architectural acoustic panels in 2021 due to an increase in infrastructure development and new construction projects. This trend opened up a wide range of opportunities for the use of these panels in commercial structures like malls, office buildings, and educational institutions.

Leading Competitors
The leading competitors in the global architectural acoustic panels market are:
- 3A Composites
- Arcelor Mittal
- Arconic Inc
- Armacell GmbH
- BASF SE
- Fischer Profil GmbH
- Fletcher Building Ltd
- Ingreen Systems
- Italpannelli Srl
- Johns Manville
- Kingspan Group Plc
- Knauf Insulation
- Owens Corning
- Paroc Group OY
- Rockwool International A/S
- Saint Gobain SA
- Trelleborg AB
- Others
Segmentation Analysis
The global architectural acoustic panels market segmentation focuses on Material, Type, End User, and Region.
Segmentation based on Material
- Plastic panels
- Non-plastic panels
Segmentation based on Type
- Horizontal acoustic panel
- Vertical acoustic panel
o Distribution channel
> Online
> Offline
Segmentation based on End User
- Commercial
- Residential
- Industrial
Segmentation based on Region
? North America
- The U.S.
- Canada
- Mexico
- Europe
? Western Europe
- The UK
- Germany
- France
- Italy
- Spain
- Rest of Western Europe
? Eastern Europe
- Poland
- Russia
- Rest of Europe
? Asia Pacific
- China
- India
- Japan
- Australia & New Zealand
- ASEAN
- Rest of Asia Pacific

? Middle East & Africa (MEA)
- UAE
- Saudi Arabia
- South Africa
- Rest of MEA

? South America
- Brazil
- Argentina
- Rest of South America

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