2025 High Demand from Automotive, Construction to Propel Acoustics Market
Keen players in the global acoustics market are vying to develop new applications for acoustic materials, especially in the transportation sector to up their market share and to steal a march on their competitors. Further, topnotch players in this market are seeking entry into emerging markets to capitalize on brimming growth opportunities in these regions.
The acoustics market is primarily driven by government regulations in place in several parts of the world to curb noise pollution. This has necessitated buildings to be insulated with acoustic materials that can prevent noise to spread. While these regulations are already in place in developed countries, the relatively new implementation of these regulations in developing regions is leading to an uptake of acoustic material and products. For instance, in India in Andhra Pradesh, the Energy Conservation Building Code (ECBC) puts forth the requirement for commercial and public buildings to reduce energy consumption and to reduce noise pollution.
Read Report Overview @ https://www.transparencymarketresearch.com/acoustics-market.html
On the flip side, scientific and technical expertise needed for production and deployment of acoustic materials is slowing the growth of the acoustics market to some extent.
As per estimates presented by a report by Transparency Market Research, the global acoustics market will likely rise at a CAGR of 5.85% from 2017 to 2025.
Recovery of Construction Sector Boosts Building & Construction End-use Segment
The report examines the global acoustics market based on material, end-use, and geography. Depending upon type, the market is classified into glass wool, stone wool, acoustic insulators, fabric dampeners, fabric noise barriers, foamed plastic, fabric wall materials, acoustic fabrics, fabric absorbers, fabric diffusors, fabric ceilings, and fabric soundproofing materials. Foamed plastic led amongst key acoustic material types in 2016 mainly because of its better insulation properties and relatively lower price.
Request Report Brochure @ https://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=31031
In terms of end-use, the global acoustics market can be classified into building & construction, industrial/HVAC & OEM, and transportation. Vis-à-vis revenue, the segment of building and construction occupied the leading share of almost 60% in the overall market in 2016. The building and construction segment is further sub-segmented into residential and commercial, of which residential occupies the leading share
Article Directory /
Arts, Business, Computers, Finance, Games, Health, Home, Internet, News, Other, Reference, Shopping, Society, Sports