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What's driving the Soundproof Curtains Market Share? Rite-Hite, Kinetics Noise Control, Moondream, Flexshield, Lantal Textiles AG

05-05-2020 01:59 PM CET | Industry, Real Estate & Construction

Press release from: DEC Research

Soundproof Curtains Market

Soundproof Curtains Market

European soundproof curtains market accounted for over 45% market share in 2017. Rising noise pollution due to expanding transportation and tourism sector will result in increased product demand. For instance, France, Spain, UK, and Germany have an established travel & tourism industry with a substantial total contribution of more than 9% to GDP of Europe in 2016, hence the region is witnessing increasing hotel infrastructure investment creating demand for soundproof curtains.

Regulatory authorities associated with noise pollution are keen to the implementation of new environmental policies, which will result in higher product adoption. Higher investment in new and existing hotels due to improved tourism sector will drive industry growth. Growing industrial sector along with increasing health awareness among employees on effects of sound pollution will enhance soundproof curtains market growth.

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Regions with higher growth in automotive sector observing increasing effect of sound pollution resulting in mandatory need for soundproof curtains in commercial sector. Upsurge in GDP per capita with increased consumer spending in selected regions will drive growth in residential sector. Focus to enhance the employee productivity will result in increased demand for the product in the industrial sector.

Rising noise pollution level owing to increasing infrastructure development instigating soundproof curtains demand. Travel & tourism industry growth has led to increasing count of hotel chain creating a potential scope for soundproof curtains. Developing countries observe high infrastructural investments in sectors including hotels, industries, roadways and educational institutes. Selected regions with large religious structure including churches, temples, and mosques observe switch towards soundproof curtains.

Asia Pacific soundproof curtains market will depict fastest CAGR of over 5.5% during the forecast period from 2018 to 2024. India, China, and Thailand are observing large government and private investments in infrastructure development including roadways, bridges, industries, hospitals, educational institutes, and hotels. For instance, Thailand is undergoing for heavy investment in hotel infrastructure as the travel and tourism industry is major contributor China's.

Soundproof curtains market by Application:
o Residential
o Commercial
o Industrial

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Soundproof curtains market by Material:
o Fiberglass/ Glass Wool
o Mineral Wool
o Plastic Foam
o Others

Soundproof curtains market for Mineral wool will generate over USD 375 million revenue by 2024. These materials find application in industrial and commercial sectors owing to their high fire-resistant and water-resistance property. Comparatively higher R-value than fiber glass to provide better sound blocking will push the demand for mineral wool based soundproof curtains.

Soundproof curtains market for Plastic foam is expected to witness growth over 4.5% from 2018 to 2024. It provides effective sound absorption with a minimum thickness to control noise, echoes, and vibration. Controlling reverberation sound and sound enhancement are the key drivers propelling demand for plastic foam-based products. They are largely manufactured in wedge and pyramid shapes with their applicability varying with respect to the shape.

Key industry players in soundproof curtains market are:
o Acoustical Surfaces
o Amcraft Manufacturing
o Acoustic Curtains
o Residential Acoustics
o Robert Soper Limited
o ZAK Acoustics
o Rite-Hite
o Flexshield
o GLT Products
o Kinetic Noise Control
o Moondream
o Steel Guard Safety Corporation
o Sound Seal
o Lantal Textiles
o HOFA
o SGF
o eNoise Control
o Ecotone Systems Private Limited
o PES (UK)
o Quiet Curtains
o Envirotech Systems Private Limited

Browse more info. @ https://www.globenewswire.com/news-release/2018/06/19/1526344/0/en/Soundproof-Curtains-Market-will-cross-2-5bn-by-2024-Global-Market-Insights-Inc.html

About DEC Research:
DecResearch.com, powered by Global Market Insights, is an online aggregator of information on market research reports. The website provides comprehensive information as well as a detailed 'Table of Contents' for reports being regularly published by GMI.

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