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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.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.
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Asia Pacific 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.
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.
Browse key industry insights report, “Soundproof Curtains Market Size By Type (Sound-Insulating, Sound-Reducing, Sound-Blocking), By Material (Fiberglass/Glass Wool, Mineral Wool, Plastic Foam), By Application (Residential, Commercial, Industrial), Regional Outlook (U.S., Canada, Germany, UK, France, Italy, Russia, Netherlands, Spain, Belgium, Sweden, China, India, Japan, Australia, Malaysia, Indonesia, Thailand, South Korea, Vietnam, Brazil, Argentina, Mexico, South Africa, UAE, Saudi Arabia), Growth Potential, Price Trend, Competitive Market Share & Forecast, 2018 – 2024” in detail along with the table of contents:
https://www.gminsights.com/industry-analysis/soundproof-curtains-market
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.
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.
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.
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Key industry players are Acoustical Surfaces, Amcraft Manufacturing, Acoustic Curtains, Residential Acoustics, Sound Control Services, Robert Soper Limited, ZAK Acoustics, Rite-Hite, Flexshield, GLT Products, Kinetic Noise Control, and Moondream. Other prominent industry participants are Steel Guard Safety Corporation, Sound Seal, Lantal Textiles, HOFA, SGF, eNoise Control, Ecotone Systems Private Limited, PES (UK), Quiet Curtains, Envirotech Systems Private Limited.
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Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.
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Name: Arun Hegde
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Organization: Global Market Insights
Phone: 1-302-846-7766
Website: https://www.gminsights.com/industry-analysis/soundproof-curtains-market
Release ID: 88900211
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