The Architectural Acoustic Panels Market is a rapidly growing industry that deals with the manufacture and sale of acoustic panels used in architectural applications. These panels are designed to absorb and reduce unwanted noise and echo in various environments, including offices, schools, restaurants, theaters, and recording studios. With the increasing demand for soundproofing solutions in modern buildings, the architectural acoustic panels market is expected to witness significant growth in the coming years.
The Architectural Acoustic Panels Market size was valued at $7.3 billion in 2021, and is estimated to reach $13.8 billion by 2031, growing at a CAGR of 6.3% from 2022 to 2031.
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Top Companies
3A Composites, Arcelor Mittal Construction, Arconic, Armacell GmbH, BASF SE, Fischer Profil GmbH, Fletcher Building Ltd., Ingreen Systems, ItalPannelli, Johns Manville, Kingspan Group, Knauf Insulation, Owens Corning, Paroc Group OY, Rockwool International A/S, Saint Gobain SA, and Trelleborg AB
Acoustic panel manufacturers are leading the way toward sustainability by adopting recyclable and eco-friendly materials. Baux, one of the leading manufacturers of acoustic panels, unveiled sustainable acoustic panels made out of chemical-free pulp sourced from sustainably harvested Swedish pine and fir trees. Moreover, these decorative panels are tested and are effective in the soundproofing of varied environments, including homes, restaurants, and office spaces. Audimute, one of the recognized players manufacturing “Green” acoustic products, launched its new products under the brand of eco-C-tex. These products are manufactured from recycled cotton and cellulose. Such factor is anticipated to boost the architectural acoustic panels market growth.
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Europe accounted for the highest share of the global architectural acoustic panels market share in terms of revenue in 2021, owing to surge in number of infrastructure development and new construction activities, thus creating numerous opportunities for architectural acoustic panels for commercial buildings such as educational institutes, malls, and office buildings.
However, during the COVID-19 pandemic, various manufacturers in the architectural acoustic panels market had to stop their business in countries such as China, the U.S., and India. This break directly impacted the sales of architectural acoustic panels companies. Furthermore, lack of labor and raw materials limited the supply of architectural acoustic.
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