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Acoustic Damping Tiles Market: Global Opportunity Analysis and Industry Forecast, 2020–2027

A07682
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Nov 2020 | 50 Views
 
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Acoustic Damping Tiles Market Analysis 2020-2027:

Acoustic damping is the process of damping vibrations that are caused in the machinery to minimize the sound during operations. Acoustic damping tiles are the materials that can easily bond to vibrating surfaces and help in reducing the impact of generated noises. The vibrations of machinery cause sound waves in air, mechanical stress in solid matter, and hydro acoustic waves in water. These tiles are majorly used in submarines to prevent the detection of submarines by sonar or radars. Acoustic damping techniques further help in minimizing sound reflections, sound transmission, and sympathetic vibrations. Acoustic damping tiles are made up of fibrous materials and are inserted on ceilings or walls. 

Scope of the report

                  Report Metric

                                         Details

  Market size available for years

  2020–2027

  Base year considered

  2019

  Forecast period

  2020–2027

  Forecast unit

  Value (USD)

  Segments covered

  Type, Application, End User, and Region

  Regions covered

North America (U.S. and Canada), Europe (Germany, UK, France, and the Rest of Europe), Asia-Pacific (China, Japan, India, and the Rest of Asia-Pacific), LAMEA (Brazil, Mexico, and the Rest of LATAM), and Middle East & Africa

  Companies covered

Autex Industries, 3M, Rockwool International, Auralex Acoustics, Pyrotek, Megasorber, Acoustical Surfaces, Acoustic Board India, Envitotech Systems Pvt. Ltd., and Aural Exchange

 

COVID-19 impact analysis

The COVID-19 outbreak has impacted the global acoustic damping tiles market negatively. Several industries have ceased their production to curb the spread of the virus. In addition, unavailability of workers has forced manufacturers to temporarily halt production. In addition, decline in the rate of construction activities of buildings and houses due to the COVID-19 outbreak will affect the growth of the acoustic damping tiles market. Acoustic damping tiles have a vital use in aerospace industry; hence, less aircraft operations can affect the demand for acoustic damping tiles requirements. Owing to the lockdown implemented across various countries, national and international transport has been hampered, which has significantly impacted the supply chain of numerous industries across the globe, thereby increasing the supply–demand gap.

Top impacting factors: market scenario analysis, trends, drivers, and impact analysis

Increase in construction activities and surge in demand for soundproofing of walls and ceilings are the major drivers of the global acoustic damping tiles market. Shock cell noise, structural radiation, and floor ceilings radiation require soundproofing, thereby boosting the demand for acoustic damping tiles. Furthermore, acoustic damping tiles have a unique combination of high mechanical strength and visco-elastic properties, which propel their demand, globally, thereby augmenting the growth of the market. However, fewer recycling options and no facility for proper disposal of these tiles hamper the growth of market during the forecast period.

New product launches to flourish the market

Major market players, such as 3M and Rockwool International, have taken necessary steps to improve the accuracy of devices and overall functionality. Increase in usage rate of acoustic damping tiles across the globe plays a significant role in the evolution of the market. In addition, rise in focus on the product design and control of acoustic damping tiles have augmented the growth of the market. Technological advancements during to production of damping tiles to enhance the overall soundproofing property and innovative manufacturing techniques have contributed toward market expansion.

Surge in usage in construction and industrial applications 

Rise in construction activities around the global has positively impacted the market growth. In addition, increase in awareness toward the availability of environment-friendly damping tiles and their reduced impact on the environment have boosted the market growth. Furthermore, expansion of the construction industry is anticipated to notably contribute toward the growth of the global market, as acoustic damping tiles are majorly used in construction industry for noise cancelation. Thus, rise in residential and commercial construction activities has boosted the demand for acoustic damping tiles. Moreover, utilization of damping tiles in railway bogies has fueled the market growth. For instance, Megasorber used its DT2S acoustic damping tiles in train bogies named as Bombardier Tram to reduce tram noise.

Key segments covered

               Segment

                         Subsegment

  By Type

  • Vibration Damping Type
  • Vibration Damping Foam Block
  • Others

  By Application

  • Sound Adsorption
  • Mechanical Strength
  • Others

  By End User

  • Automotive
  • Aerospace
  • Construction
  • Others

  By Region

 

  • North America
  • Europe
  • Asia-Pacific
  • LAMEA

 

Key benefits of the report

  • This study presents the analytical depiction of the global acoustic damping tiles industry along with the current trends and market estimation to determine the imminent investment pockets.
  • The report represents information related to key drivers, restraints, and opportunities along with detailed analysis of the acoustic damping tiles market.
  • The current market is quantitatively analyzed from 2020 to 2027 to highlight the market growth scenario.
  • The report provides a detailed market analysis depending on competitive and how the competition will take shape in coming years.
  • This report helps users in comprehending the key product segments and their future.

Questions answered in the global acoustic damping tiles market research report:

  • Which are the leading market players active in the global acoustic damping tiles market?
  • What are the current trends that will influence the market in the next few years?
  • What are the driving factors, restraints, and opportunities of the market?
  • What should be the response of the market players amid the COVID-19 pandemic?
  • What are the projections for the future that would help in taking further strategic steps?
  • What is the outlook of the industry?
  • What are the emerging key segments in acoustic damping tiles market?
  • What are the major changes and assessments in market dynamics?
 
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