Global Acoustical Fiber Board Market Expected huge Growth by 2027 Including Upcoming Opportunities and Revenue | Key Players - Armstrong Ceiling Solutions, ArmCom, Archiproducts, Knauf Insulation, 3M Company, Rockwool International A/S
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An acoustic board is a special kind of board mainly made of sound absorbing materials. Its job is to provide sound insulation. Most of the materials used for making the boards may fall into categories such as fiber, acoustic wool, fiberglass, wood, and others. With these boards witnessing a lot of demand owing to a burgeoning construction industry, a distinct acoustical fiber board market exists, from a global perspective.
In most acoustical fiber boards, the two outer walls consist of a sound absorbing material inserted between them. The walls mainly are porous, and when sound passes through an acoustic board, the intensity of sound is decreased. The loss of sound energy is balanced by producing heat energy. These boards find extensive employment in recording studios and dead rooms.
Many companies are involved in manufacturing these boards, thus serving numerous industries, mainly where acoustic solutions are required. The global acoustical fiber board market exhibits a decently fragmented and highly competitive vendor landscape, owing to the presence of numerous players. With the number of companies projected to increase in this market, the vendor landscape could showcase an intensified competition to exist. Most players are focusing on achieving product differentiation, expansion of geographical reach, and enhancing product portfolios.
A new research report on global acoustical fiber boards has been published by Fact.MR, a leading market intelligence organization. The scope of research on global acoustical fiber boards market includes application analysis of acoustical fiber boards, which includes its demand and sales scenario.
The analytical research report on global acoustical fiber boards market includes in-depth analysis on various market facets that have a direct influence on the growth of the global market. This analysis is carried out across key regions in the globe, thus portraying a holistic market research outlook to the reader. The research report also offers intelligence on the key participants involved in the global acoustical fiber boards market. The report has included profiles of Armstrong Ceiling Solutions, ArmCom, Archiproducts, Knauf Insulation, 3M Company, and Rockwool International A/S to name a few.
Scope of acoustic fiber boards, with respect to their application, has grown with their use in residential buildings and apartments apart from music studios and auditoriums. Acoustical fiber boards are gaining high significance owing to their effective noise diffusing and absorption capabilities. Sound proofing by adding mass or damping or decoupling has been a complicated and a time consuming task. With the advent of acoustic fiber boards, the sound proofing of any room can be easily carried out as installation of acoustical fiber boards does not require additional taskforce. Additionally, acoustical fiber boards, apart from noise controlling benefits, also enhance aesthetics of the ceiling. These factors are expected to significantly fuel the adoption of acoustical fiber boards during the period of assessment.
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Growing Demand from Construction Industry Continues to be a Key Driving Factor
The construction industry across the globe is witnessing steady growth, as economies around the globe make a steady recovery. According to National Association of Home Builders (NAHB), the United States is expected to witness positive and modest growth in its construction sector in 2018. Spending on construction and infrastructure activities in this region is expected to increase by 5% in 2018. Moreover, in the United States, the residential sector is expected to grow by 6% by 2018 owing to an increase in single families. The growth will not be limited to developed regions alone, as in the emerging countries of India and China, the residential sector anticipated to witness steady growth. The growth in construction industry, coupled with increasing preference for noise reduction and control is expected to create potential avenues for acoustical fiber boards during the period of assessment.
Further, according to AGC (Associated General Contractors of America), spending on construction by single families grew by 9% in the initial months of 2017. AGC predicts that the renovations and rebuilding activities in 2018, especially in areas of Florida, California and Texas, that were devastated due to wildfires, floods and hurricanes, would increase. This is expected to offer potential growth opportunities for adoption of acoustical fiber boards, thus boosting the growth of the global acoustical fiber board market at a significant pace during the period of assessment.
This analytical research study imparts an all-inclusive assessment on the market, while propounding historical intelligence, actionable insights, and industry-validated & statistically-upheld market forecast. Verified and suitable set of assumptions and methodology has been leveraged for developing this comprehensive study. Information and analysis on key market segments incorporated in the report has been delivered in weighted chapters. A thorough analysis has been offered by the report on
Demand & Supply Trends
Current Issues and Challenges
Companies and Competitor Landscape
Regional Segments Analyzed Include
North America (U.S., Canada)
Latin America (Mexico. Brazil)
Western Europe (Germany, Italy, France, U.K, Spain)
Eastern Europe (Poland, Russia)
Asia Pacific (China, India, ASEAN, Australia & New Zealand)
Middle East and Africa (GCC, S. Africa, N. Africa)
Compilation of authentic and first-hand intelligence, insights offered in the report are based on quantitative and qualitative assessment by leading industry experts, and inputs from opinion leaders & industry participants around the value chain. Growth determinants, macroeconomic indicators, and parent market trends have been scrutinized and delivered, coupled with the market attractiveness for each market segment encompassed. Qualitative impact of growth influencers on the market segments across regions has also been mapped by the report.
Highlights from the Report
Elaborated scenario of the parent market
Transformations in the market dynamics
Detailed segmentation of the target market
Historical, current and forecast market size based on value and volume
Latest industry developments and trends
Strategies adopted by the market players and product developments made
Potential and niche segments, along with their regional analysis
Unbiased analysis on performance of the market
Up-to-date and must-have intelligence for the market players to enhance and sustain their competitiveness
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