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Acoustic Tape Market Soaring Demand Assures Motivated Revenue Share during 2018-2028(Segmented By material type Polyethylene foam, Rubber; By size 50 m x 75 mm x 5 mm, 15 m x 50 mm x 5 mm, 15 m x 37 mm x 5 mm, 15 m x 30 mm x 5 mm, 15 m x 19 mm x 5 mm; By

12-10-2018 04:33 PM CET | Advertising, Media Consulting, Marketing Research

Press release from: Fact.MR

Acoustic Tape Market Soaring Demand Assures Motivated Revenue

Global Acoustic Tape Market Overview

The acoustic tape is an indispensable tool for noise protection and isolation. Intended to decrease sound transfer by isolating partitioning and party walls in all forms of construction, it plays an essential role in preventing ‘flanking’ noise coming from the flooring to the acoustic board. Also known as an isolation tape, the acoustic tape is produced using natural rubber pooled with recovery properties and excellent loading. The acoustic tape should be fixed around the edge of the acoustic flooring, ensuring acoustic board does not come into contact with the skirting board, which could produce ‘flanking’ routes for the sound to travel along and significantly lessen the usefulness of installation.

The innovation and development of advanced acoustic tapes is expected to spur the growth of this market over the forecast period.  Moreover, urbanization in developing regions have augmented the demand for residential structures and the improved lifestyle of the consumers have resulted in a surge in the demand for noise-free buildings, which is projected to foster the growth of acoustics tape market. Key players in the global acoustics market are expected to benefit primarily from the development of new applications for acoustic materials from the rising demand in the emerging regions.

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Global Acoustic Tape Market Dynamics

Owing to the increasing noise pollution and surrounding sounds, the acoustic tapes are getting disturbed, thereby causing harmful effects on the human health. Noise pollution can cause several mental and psychological disorders such as cardiovascular diseases, hearing problems and permanent loss of hearing, sleep disturbances, hypertension and physiological losses. The ECBC code mandates to reduce the energy consumption by 40% by means of green building materials. As a result, there are now stringent regulations in place for energy conservation and noise reduction, which are anticipated to bode well for the acoustic tape market in the upcoming years. Factors such as rapid industrialization resulting in demand for reducing high decibel sound originating from the machinery, rising demand from residential applications owing to the need for dampening the outdoor sounds and increasing expenditure on research activities are expected to boost the global acoustic tape market. Additionally, the surge in automobile production and sales along with the rising consumption of acoustic materials such as acoustic tapes is estimated to fuel the market.

Meanwhile, the high cost associated with the purchase and installation of acoustic tapes has slowed down its adoption. Additionally, need for scientific and technological expertise for the production and installation of acoustic tapes has slowed their adoption. However, the migration rate of the population from rural to urban areas continues to act as an indicator of growth for the acoustic tape market. Moreover, growing high net worth individual population across the globe is projected to flourish the growth of the acoustic tape market over the forecast period.

Global Acoustic Tape Market Segmentation

The acoustic tape market includes the following segments:

The global acoustic tape market can be segmented on the basis of material type as:

Polyethylene foam
Rubber
The pricing analysis of the global acoustic tape market has been done on the basis of material types by arriving at an average selling price of a product type that varies over a wide range of brands, designs, quality and various technological features.

The global acoustic tape market can be segmented on the basis of size as:

50 m x 75 mm x 5 mm
15 m x 50 mm x 5 mm
15 m x 37 mm x 5 mm
15 m x 30 mm x 5 mm
15 m x 19 mm x 5 mm
The global acoustic tape market can be segmented on the basis of application as:

Stud work isolation
Joist isolation
Batten isolation
New build and refurbishments
DIY resilient batten applications
The global acoustic tape market can be segmented on the basis of end-user as:

Building & construction
Residential
Commercial
Industrial/HVAC & OEM
Transport
Automotive
Marine
Aerospace
The global acoustic tape market can be segmented on the basis of the geographical region as:

North America
Latin America
Europe
Japan
Asia Pacific excluding Japan (APEJ)
Middle East & Africa (MEA)
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Global Acoustic Tape Market Regional Overview

The global acoustic tape market is expected to witness lucrative growth during the forecast period. The APEJ region is expected to drive the global acoustic tape market due to the growing construction and retail sector, especially in India and China. The North America and Western Europe regions are expected to witness limited expansion of the acoustic tapes market. Eastern Europe and Latin America regions are expected to register high growth in the global acoustic tape market in the next decade due to the growing demand and consumption of the acoustic tapes. MEA is expected to observe average growth. Japan is expected to witness sluggish growth during the next decade due to the usage of different technology and alternatives in the region.

Global Acoustic Tape Market Key Players

Some of the key players in the acoustic tape market are:

Acoustical Surfaces, Inc.
IAC Acoustics
Coroplast fritz müller gmbh & co. Kg
Can-Do National Tape
Other Key Players
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

Market Dynamics
Market Size
Market Segments
Demand & Supply Trends
Current Issues and Challenges
Companies and Competitor Landscape
Value Chain
Technology
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)
Japan
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
Competition landscape
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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About Fact.MR

Fact.MR is a fast-growing market research firm that offers the most comprehensive suite of syndicated and customized market research reports. We believe transformative intelligence can educate and inspire businesses to make smarter decisions. We know the limitations of the one-size-fits-all approach; that’s why we publish multi-industry global, regional, and country-specific research reports.

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