Key Insights of U.S. Acoustics Market Report by Key Players, Types, Applications, Countries, Size

 

Key Insights of U.S. Acoustics Market

U.S. Acoustics Market: Introduction

Transparency Market Research delivers key insights on the U.S. acoustics market. In terms of revenue, the U.S. acoustics market in the U.S. is estimated to expand at a CAGR of 5.1% during the forecast period, owing to numerous factors, regarding which TMR offers thorough insights and forecasts in its report on the U.S. acoustics market.

The U.S. acoustics market is broadly affected by factors including rise in awareness about noise pollution and government’s policies to reduce noise pollution. According to the World Health Organization, environmental noise contributes to 48,000 new cases of ischemic heart disease a year as well as 12,000 premature deaths. The pollution caused during manufacture, installation, and high noise pitch are adversely affecting the environment as well as human health. This is likely to hinder the U.S. acoustics market during the forecast period.

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U.S. Acoustics Market: Key Players

The degree of competition was high in the U.S. acoustics market in 2020, as large numbers of players operate in the market. Multinational and national players operate in the U.S. acoustics market. These are well-established companies with presence in the U.S. Scale of operations, brand value, and readiness to adapt to changing market dynamics determine the profitability and share of players.

Key players operating in the U.S. acoustics market are Saint-Gobain, Rockwool International, Knauf Insulation, Johns Manville, Paroc Group, Kingspan Group, Armacell International, BASF SE, Sika AG, DuPont, Primacoustic, and Owens Corning.

Growth and Advancements in Building & Construction Industry in U.S.

Rise in building & construction activities in the U.S. is attributable to market growth. The residential construction sector is expected to witness tremendous growth in the upcoming years. There is a rapid demand for acoustic system in office spaces, media & production houses, industrial units, and education buildings, etc. Increasing infrastructure development activities and rising need of sound-proof doors, windows, ceilings, etc. are expected to drive the U.S. acoustics market during the forecast period. There is an increasing availability of a wide range of sound insulation materials such as foaming plastic, stone wool, fabric absorbers, fabric noise barriers, and fabric ceilings, etc. All these factors are contributing to the rapid revenue growth in the U.S. acoustics market.

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The growing awareness about environment-friendly buildings and efficient acoustic & thermal insulation is expected to drive the market in the U.S. The increasing usage of acoustics products in residential, commercial, and industrial applications is likely to fuel the acoustics market in the U.S. Acoustics materials used in building & construction sector offer fire safety, dimensional stability, ecological compatibility, and chemical resistance, etc.

U.S. Acoustics Market: Dynamics

Increase in demand for acoustics in various end-uses such as building & construction, industrial/HVAC & OEM, and transportation is expected to drive the U.S. acoustics market during the forecast period. In the building & construction industry, the residential construction sector is the largest consumer of acoustics materials.

The demand for acoustics insulation in the U.S. has been rising, owing to the need for sound insulation in various industries. Office spaces, production houses, industrial units, libraries, and study areas need to have sound-proof doors, windows, and ceilings. This has created commendable demand for acoustics in the U.S. Furthermore, availability of a wide range of sound insulation materials such as foaming plastic, stone wool, fabric absorbers, fabric noise barriers, and fabric ceilings has boosted the U.S. acoustics market. The U.S. acoustics market is estimated to expand significantly due to advancements in entertainment, sound, and media industries. The need to create a desired sound effect and reflect sound at varying frequencies for movies and short films is another factor boosting the acoustics market in the U.S.

The U.S. Government and the private acoustics industry are investing significantly in acoustics complexes. The growth in public awareness about the link between physical activity and health is also projected to drive the demand for acoustics materials. There has been a significant rise in participation in indoor acoustics activities in the U.S. over the past few years. This can be ascribed to the growth in household income and rise in expenditure on recreational activities.

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U.S. Acoustics Market: Overview

·         Acoustic is a type of soundproofing that attempts to prevent sound from entering or exiting an enclosed space by creating some sort of a barrier between the interior and the exterior area. Because sound is able to travel in more than one fashion, the exact process and choice of materials used to manage sound insulation varies.

·         Acoustic insulations are manufactured with special care in order to provide sound absorption as well as a suitable surface of wall. Acoustic can be used for indoor purpose. Several types of materials are used in acoustics such as glass wool, stone wool, acoustic fabrics & insulators, fabric absorbers, and fabric dampeners. For instance, as per the recent technology trends, Restored Hearing Ltd., an Irish company, has created a sound bounce material, which is 35 times more effective than other sound-absorbing materials. Acoustic insulation material has strong potential in numerous sectors such as construction, manufacturing, and transportation that require better and efficient sound insulation products.

·         Based on material, the U.S. acoustics market has been segmented into glass wool, stone wool, acoustic fabrics & insulators, fabric absorbers, fabric dampeners, fabric diffusors, fabric noise barriers, fabric ceilings, foamed plastic, fabric soundproofing, materials, fabric wall materials, and others. Foamed plastic is expected to dominate the material segment of the acoustics market in the U.S. during the forecast period.

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About Transparency Market Research

Transparency Market Research, a global market research company registered at Wilmington, Delaware, United States, provides custom research and consulting services. The firm scrutinizes factors shaping the dynamics of demand in various markets. The insights and perspectives on the markets evaluate opportunities in various segments. The opportunities in the segments based on source, application, demographics, sales channel, and end-use are analysed, which will determine growth in the markets over the next decade.

Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insights for thousands of decision-makers, made possible by experienced teams of Analysts, Researchers, and Consultants. The proprietary data sources and various tools & techniques we use always reflect the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in all of its business reports.

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