According to the new market research report “Soundproof Curtains Market by Type (Sound-insulating, Sound-reducing, Sound-blocking), Material (Glass Wool, Rock Wool, Natural Fabrics, Plastic Foam), End-use Sector (Residential, Commercial, Industrial), and Region – Global Forecast to 2022″, The soundproof curtains market size is estimated to grow from USD 1.65 Billion in 2017 to USD 2.38 Billion by 2022, at a CAGR of 7.7%. This market is witnessing considerable growth due to technological advancements in raw materials such as fiber glass, vinyl, and natural wool and the growing building & construction industry. Growing demand from commercial, residential, and industrial sectors, along with global environmental concerns and their legal implications are the key factors driving the growth of the soundproof curtains market.
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The glass wool segment is projected to grow at the highest CAGR during the forecast period. The growing demand for curtain walls is attributed to factors such as glass wool providing more thermal and acoustic insulation as compared to other materials; it also provides better safety and handling which drives the demand for glass wool as a material for soundproof curtains.
The commercial segment is projected to be the fastest-growing end-use sector over the next five years. This growth is attributed to the newly developing building standards in the Asia Pacific and other developing regions, which demand advancements in building safety, along with developed technologies and successful installation of soundproof curtains. This, in turn, will drive the soundproof curtains market for commercial buildings.
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147 – Tables
23 – Figures
165 – Pages
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MarketsandMarkets projects that the soundproof curtains market size will grow from USD 1.65 Billion in 2017 to USD 2.38 Billion by 2022, at a CAGR of 7.7%. The soundproof curtains market is witnessing considerable growth due to advancements in soundproof material technology and the growing building & construction industry. The growing demand from commercial, residential, and industrial sectors, along with global environmental concerns and their legal implications are the key factors driving the growth of the soundproof curtains market. The rising global noise pollution and the stringent environmental regulations drive the demand for soundproof and energy-efficient curtains as well.
The key players in the soundproof curtains market include Nippon Sound Seal (US), Lantal Textiles (Switzerland), Kinetics Noise Control (US), Amcraft Manufacturing (US), Great Lakes Textiles (US), Flexshield (Australia), Haining Duletai New Material (China), Acoustical Surfaces (US), eNoise Control (US), and HOFA-Akustik (Germany). These players adopted various strategies to expand their global presence and increase their market share. They adopted various strategies such as mergers & acquisitions and new product and technology launches to strengthen their position in the market.
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In July 2017, Sound Seal, a leading manufacturer of acoustical and noise control products, acquired The Proudfoot Company (US), the pioneer of noise control in concrete. The acquisition would enable the company to penetrate new markets and applications in noise control solutions. Moreover, with this acquisition, Sound Seal will expand its leadership position as a premier supplier to the noise control market in the US.
In September 2017, Acoustical Surfaces, a leader in the business of soundproofing, introduced Envirocoustic Wood Wool, which offers a range of acoustical wall and ceiling panels. Envirocoustic Wood Wool performs well by absorbing sound while also providing thermal insulation. The product is available in many sizes and color variations that can be designed to fit nearly any decor.
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Mr. Aashish Mehra MarketsandMarkets INC. 630 Dundee Road Suite 430 Northbrook, IL 60062 USA: 1-888-600-6441 Email: email@example.com Research Insights: https://www.marketsandmarkets.com/ResearchInsight/soundproof-curtain-market.asp