Sound-Insulating Segment is Expected to be Fastest Growing for Europe & Asia Pacific Region During the Forecast Period 2021-2028
According to this research study titled “Europe & Asia Pacific Soundproof Curtains Market to 2028 - COVID-19 Impact and Regional Analysis and Forecast by Type, Material, and End User”. The Europe market is expected to reach US$ 561.82 million by 2028 from US$ 351.74 million in 2021. The market is estimated to grow at a CAGR of 6.9% from 2021 to 2028. Similarly, Asia Pacific market is expected to reach US$ 1,057.43 million by 2028 from US$ 646.69 million in 2021. The market is estimated to grow at a CAGR of 7.3% from 2021 to 2028. The report provides trends prevailing in the Europe & Asia Pacific soundproof curtains market along with the drivers and restraints pertaining to the market growth. Rise in demand for soundproofing or acoustic insulation from various sectors and incrementing health issues among people are major factors driving the growth of the Europe & Asia Pacific soundproof curtains market. However, volatility in the prices of raw materials and availability of substitutes hinders the growth of Europe & Asia Pacific soundproof curtains market.
The market for Europe & Asia Pacific soundproof curtains market is segmented into type, material, end-user, and country. Based on type, the market is segmented into sound-insulating, noise-reducing, and sound-blocking. In 2020, the noise-reducing segment held the largest share in Europe & Asia Pacific soundproof curtains market. Based on material, the Europe & Asia Pacific soundproof curtains market is bifurcated into glass wool, rock wool, plastic foams, and natural fibers. The plastic foams segment is expected to be the fastest growing segment over the forecast period. As per end-user segment, the market is divided into residential, commercial, and industrial. The commercial segment held the largest share in Europe & Asia Pacific soundproof curtains market. Furthermore, in this present scenario of COVID-19 pandemic, the Europe & Asia Pacific curtains market has been facing difficulties and several countries have suffered heavily. The manufacturing sectors in the Europe & Asia Pacific countries have been experiencing low production and a weak supply chain. Thereby, impacting the market for soundproof curtains.
The ongoing COVID-19 pandemic is adversely impacting over Europe & Asia Pacific region. For instance, France, Russia, UK, Italy, Spain, and Germany are some of the countries in the Europe with high number of COVID-19 confirmed cases and deaths. The economic and industrial growth of these countries has been affected negatively in the past few months. The region comprises several growing economies such as the Germany, which are the prospective markets for soundproof curtains providers, owing to the huge presence of diverse customer base. Most of the businesses in these countries have given a pause and is expected to continue with a slower pace. The countries are taking significant containment measures to reduce the number of infected patients. The COVID-19 outbreak has severely affected the soundproof curtains market and has resulted in the shutting down of various soundproof curtains facilities in Europe; thus, leading to reduction in demand for soundproof curtains. Also, in Asia Pacific, India has the highest number of COVID-19 confirmed cases, followed by other countries such as Japan, China, and Australia. The governments of various countries in Asia Pacific are taking several initiatives to protect people and control COVID-19's spread in the region through lockdowns, trade bans, and travel restrictions. These measures are expected to affect the region's economic growth as the region directly will face lower export revenues, both from the drop in commodity prices and reduction in export volumes, especially to major trading partners. The outbreak has also resulted in the shutdown of production plants, which has impacted the growth of the chemical industries, which badly impacted growth of the soundproof curtains market in the Asia Pacific region.
Acoustical Surfaces, Inc., Amcraft Manufacturing, Inc., Flexshield Group Pty, Ltd., Hofa-Akustik, and Kinetics Noise Control, Inc. are among some of the leading companies in the Europe & Asia Pacific soundproof curtains market. The companies are focused on adopting organic growth strategies such as product launches and expansions to sustain their position in the dynamic market.
The report segments Europe & Asia Pacific Soundproof Curtains Market as follows:
Europe & Asia Pacific Soundproof Curtains Market - By Type
Europe & Asia Pacific Soundproof Curtains Market - By Material
Europe & Asia Pacific Soundproof Curtains Market - By End-User
Europe & Asia Pacific Soundproof Curtains Market - By Country
According to this research study titled “Europe & Asia Pacific Soundproof Curtains Market to 2028 - COVID-19 Impact and Regional Analysis and Forecast by Type, Material, and End User”. The Europe market is expected to reach US$ 561.82 million by 2028 from US$ 351.74 million in 2021. The market is estimated to grow at a CAGR of 6.9% from 2021 to 2028. Similarly, Asia Pacific market is expected to reach US$ 1,057.43 million by 2028 from US$ 646.69 million in 2021. The market is estimated to grow at a CAGR of 7.3% from 2021 to 2028. The report provides trends prevailing in the Europe & Asia Pacific soundproof curtains market along with the drivers and restraints pertaining to the market growth. Rise in demand for soundproofing or acoustic insulation from various sectors and incrementing health issues among people are major factors driving the growth of the Europe & Asia Pacific soundproof curtains market. However, volatility in the prices of raw materials and availability of substitutes hinders the growth of Europe & Asia Pacific soundproof curtains market.
The market for Europe & Asia Pacific soundproof curtains market is segmented into type, material, end-user, and country. Based on type, the market is segmented into sound-insulating, noise-reducing, and sound-blocking. In 2020, the noise-reducing segment held the largest share in Europe & Asia Pacific soundproof curtains market. Based on material, the Europe & Asia Pacific soundproof curtains market is bifurcated into glass wool, rock wool, plastic foams, and natural fibers. The plastic foams segment is expected to be the fastest growing segment over the forecast period. As per end-user segment, the market is divided into residential, commercial, and industrial. The commercial segment held the largest share in Europe & Asia Pacific soundproof curtains market. Furthermore, in this present scenario of COVID-19 pandemic, the Europe & Asia Pacific curtains market has been facing difficulties and several countries have suffered heavily. The manufacturing sectors in the Europe & Asia Pacific countries have been experiencing low production and a weak supply chain. Thereby, impacting the market for soundproof curtains.
The ongoing COVID-19 pandemic is adversely impacting over Europe & Asia Pacific region. For instance, France, Russia, UK, Italy, Spain, and Germany are some of the countries in the Europe with high number of COVID-19 confirmed cases and deaths. The economic and industrial growth of these countries has been affected negatively in the past few months. The region comprises several growing economies such as the Germany, which are the prospective markets for soundproof curtains providers, owing to the huge presence of diverse customer base. Most of the businesses in these countries have given a pause and is expected to continue with a slower pace. The countries are taking significant containment measures to reduce the number of infected patients. The COVID-19 outbreak has severely affected the soundproof curtains market and has resulted in the shutting down of various soundproof curtains facilities in Europe; thus, leading to reduction in demand for soundproof curtains. Also, in Asia Pacific, India has the highest number of COVID-19 confirmed cases, followed by other countries such as Japan, China, and Australia. The governments of various countries in Asia Pacific are taking several initiatives to protect people and control COVID-19's spread in the region through lockdowns, trade bans, and travel restrictions. These measures are expected to affect the region's economic growth as the region directly will face lower export revenues, both from the drop in commodity prices and reduction in export volumes, especially to major trading partners. The outbreak has also resulted in the shutdown of production plants, which has impacted the growth of the chemical industries, which badly impacted growth of the soundproof curtains market in the Asia Pacific region.
Acoustical Surfaces, Inc., Amcraft Manufacturing, Inc., Flexshield Group Pty, Ltd., Hofa-Akustik, and Kinetics Noise Control, Inc. are among some of the leading companies in the Europe & Asia Pacific soundproof curtains market. The companies are focused on adopting organic growth strategies such as product launches and expansions to sustain their position in the dynamic market.
The report segments Europe & Asia Pacific Soundproof Curtains Market as follows:
Europe & Asia Pacific Soundproof Curtains Market - By Type
- Sound-Insulating
- Noise-Reducing
- Sound-Blocking
Europe & Asia Pacific Soundproof Curtains Market - By Material
- Glass Wool
- Rock Wool
- Plastic Foams
- Natural Fibers
Europe & Asia Pacific Soundproof Curtains Market - By End-User
- Residential
- Commercial
- Industrial
Europe & Asia Pacific Soundproof Curtains Market - By Country
- Europe - Germany
- France
- Italy
- UK
- Russia
- Rest of Europe
- Asia Pacific - Australia
- China
- India
- Japan
- South Korea
- Rest of Asia Pacific
Table of Contents
1. Introduction
3. Research Methodology
4. Soundproof Curtain Market Landscape
5. Europe & Asia Pacific Soundproof Curtains Market - Key Industry Dynamics
6. Soundproof Curtains - Europe & Asia Pacific Market Analysis
7. Europe & Asia Pacific Soundproof Curtains Market Analysis - By Type
8. Europe & Asia Pacific Soundproof Curtains Market Analysis - By Material
9. Europe & Asia Pacific Soundproof curtains Market Analysis - By End-User
10. Europe Soundproof Curtains Market - Country Analysis
11. Asia Pacific Soundproof Curtains Market - Country Analysis
12. Impact of COVID-19 Pandemic on Europe & Asia Pacific Soundproof Curtains Market
13. Company Profiles
14. Appendix
List of Tables
List of Figures
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Acoustical Surfaces, Inc.
- Amcraft Manufacturing, Inc.
- Flexshield Group Pty, Ltd.
- Hofa-Akustik
- Kinetics Noise Control, Inc.
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 160 |
Published | June 2021 |
Forecast Period | 2021 - 2028 |
Estimated Market Value ( USD | $ 351.74 Million |
Forecasted Market Value ( USD | $ 561.82 Million |
Compound Annual Growth Rate | 6.9% |
Regions Covered | Asia Pacific, Europe |