The market demand for acoustical fiber boards experienced a downfall in 2020 as a result of spread of Covid-19 pandemic. Lockdown and social distancing barriers hindered the smooth flow of production and supply activities of the players operating in this market. As in 2021, the trade barriers have been lifted by the government, the manufacturers have started working hard with new and innovative strategies to increase their profitability and sales throughout the world.
What are Key Acoustical Fiber Board Manufacturers Doing?
Recognized business firms including BASF SE, Johns Manville, Rockwool International Corporation, Owens Corning Limited, Fletcher Insulation Incorporation, Saint GobainS.A., Paroc Group, Armacell GmbH, Trelleborg AB, Knauf Gips KG and Thermafiber Incorporation are expanding their geographical presence through market tactics such as mergers & acquisitions, capacity utilizations, collaborations, partnership agrrements, joint ventures, product diversifications, technological upgradations, hiring technical expertise etc. These corporations are establishing research and development centers to conduct further researches for bringing improvements in their business operations along with innovations in their offerings. Adoption of latest IT infrastructure is a new trend in 2021 which all big and well-known companies are following to gain a competitive edge in the market.
For instance, Armacell Corporation has introduced an acoustic insulation noise control device with best indoor air quality called ‘ArmaSound SuperSilence Ductliner’ in 2019. ArmaSound SSD with Microbanis an innovative foam based open cell acoustic duct linear insulation used in commercial as well as residential projects for effective noise reduction. The ArmaSound Insulation products are extremely effective in helping to create a soundproof insulation system when installed correctly.
It has in-built anti-microbial Microban product protection which prohibits the growth of mold, fungi and microbes over its surface. Along with its dust and fibre free characteristics, this product helps in improving indoor air quality. ArmaSound has 24X7 active anti-microbial protection for better indoor air quality, extremely high noise absorption per unit thickness, high density to dampen duct rattling and vibration and high air erosion resistance up to 10,000 fpm. Both structure-borne and air-borne noise within the HVAC System travels along with the connecting un-insulated flexible duct network.
If left untreated, there will be little attenuation of the noise, even over large distances. It provides exceptional noise reduction while minimizing total system weight and thickness. It performs with great efficiency throughout its life and require minimum maintenance once installed under the supervision of Armacell trained professionals. The introduction of ArmaSound SuperSilence Ductliner has become one of the best launches of the company as it is experiencing high demands from Asia Pacific and North America in 2021.
As per a recent study conducted by FactMR analysts in 2021, Asia Pacific is anticipated to hold the largest position in this market with one third of market share globally. Currently, India and China are witnessing huge demands from domestic as well as foreign markets for setting up of hospitals, malls, multiplexes, hospitality and IT industries.
Emerging transportation, rising establishment of construction and building industries and rising health issues among the people due to noise pollution are some important factors that are driving the growth of this market in Asia Pacific. Growing awareness regarding noise control measures and devices is further adding its significant contribution towards rising progress.
An acoustic board is a special kind of board mainly made of sound absorbing materials. Its job is to provide sound insulation. Most of the materials used for making the boards may fall into categories such as fiber, acoustic wool, fiberglass, wood, and others. With these boards witnessing a lot of demand owing to a burgeoning construction industry, a distinct acoustical fiber board market exists, from a global perspective.
In most acoustical fiber boards, the two outer walls consist of a sound absorbing material inserted between them. The walls mainly are porous, and when sound passes through an acoustic board, the intensity of sound is decreased. The loss of sound energy is balanced by producing heat energy. These boards find extensive employment in recording studios and dead rooms.
Many companies are involved in manufacturing these boards, thus serving numerous industries, mainly where acoustic solutions are required. The global acoustical fiber board market exhibits a decently fragmented and highly competitive vendor landscape, owing to the presence of numerous players. With the number of companies projected to increase in this market, the vendor landscape could showcase an intensified competition to exist. Most players are focusing on achieving product differentiation, expansion of geographical reach, and enhancing product portfolios.
The analytical research report on global acoustical fiber boards market includes in-depth analysis on various market facets that have a direct influence on the growth of the global market. This analysis is carried out across key regions in the globe, thus portraying a holistic market research outlook to the reader.
The research report also offers intelligence on the key participants involved in the global acoustical fiber boards market. The report has included profiles of Armstrong Ceiling Solutions, ArmCom, Archiproducts, Knauf Insulation, 3M Company, and Rockwool International A/S to name a few.
Scope of acoustic fiber boards, with respect to their application, has grown with their use in residential buildings and apartments apart from music studios and auditoriums. Acoustical fiber boards are gaining high significance owing to their effective noise diffusing and absorption capabilities.
Sound proofing by adding mass or damping or decoupling has been a complicated and a time consuming task. With the advent of acoustic fiber boards, the sound proofing of any room can be easily carried out as installation of acoustical fiber boards does not require additional taskforce. Additionally, acoustical fiber boards, apart from noise controlling benefits, also enhance aesthetics of the ceiling. These factors are expected to significantly fuel the adoption of acoustical fiber boards during the period of assessment.
Erection of Power Transmission Lines and Substations in Urban Areas to Push the Demand for Acoustical Fiber Boards
The power transmission lines and substations in urban areas continues to face challenges, in terms of pressures on land, and disturbance to adjoining areas. Noise reduction fibers such as mineral wool cannot meet absorbency requirements especially when the noise is of low frequency or full frequency.
This aspect led to the adoption of composite acoustical fiber boards that include porous sound absorbing material for full frequency noise along with resonance sound absorption materials for low frequency noise. This composite acoustical fiber board is a “double-resonance” assembly.
Growing Demand from Construction Industry Continues to be a Key Driving Factor
The construction industry across the globe is witnessing steady growth, as economies around the globe make a steady recovery. According to National Association of Home Builders (NAHB), the United States is expected to witness positive and modest growth in its construction sector. The growth will not be limited to developed regions alone, as in the emerging countries of India and China, the residential sector anticipated to witness steady growth. The growth in construction industry, coupled with increasing preference for noise reduction and control is expected to create potential avenues for acoustical fiber boards during the period of assessment.
Further, according to AGC (Associated General Contractors of America), spending on construction by single families grew by 9% in the initial months of 2017. AGC predicts that the renovations and rebuilding activities in 2018, especially in areas of Florida, California and Texas, that were devastated due to wildfires, floods and hurricanes, would increase. This is expected to offer potential growth opportunities for adoption of acoustical fiber boards, thus boosting the growth of the global acoustical fiber board market at a significant pace during the period of assessment.
From this extensive research on acoustical fiber boards, the readers can expect a complete, in-depth understanding on the global market spanning across key regions in the globe. The research report includes forecast analysis on the market, which has been carried out for 2021-2031. The research study portrays a complete market intelligence package that the reader can utilize to gain edge in the global market.
This analytical research study imparts an all-inclusive assessment on the market, while propounding historical intelligence, actionable insights, and industry-validated & statistically-upheld market forecast. Verified and suitable set of assumptions and methodology has been leveraged for developing this comprehensive study. Information and analysis on key market segments incorporated in the report has been delivered in weighted chapters. A thorough analysis has been offered by the report on
- Market Dynamics
- Market Size
- Market Segments
- Demand & Supply Trends
- Current Issues and Challenges
- Companies and Competitor Landscape
- Value Chain
Regional Segments Analyzed Include
- North America (U.S., Canada)
- Latin America (Mexico. Brazil)
- Western Europe (Germany, Italy, France, U.K, Spain)
- Eastern Europe (Poland, Russia)
- Asia Pacific (China, India, ASEAN, Australia & New Zealand)
- Middle East and Africa (GCC, S. Africa, N. Africa)
Compilation of authentic and first-hand intelligence, insights offered in the report are based on quantitative and qualitative assessment by leading industry experts, and inputs from opinion leaders & industry participants around the value chain. Growth determinants, macroeconomic indicators, and parent market trends have been scrutinized and delivered, coupled with the market attractiveness for each market segment encompassed. Qualitative impact of growth influencers on the market segments across regions has also been mapped by the report.
Highlights from the Report
- Elaborated scenario of the parent market
- Transformations in the market dynamics
- Detailed segmentation of the target market
- Historical, current and forecast market size based on value and volume
- Latest industry developments and trends
- Competition landscape
- Strategies adopted by the market players and product developments made
- Potential and niche segments, along with their regional analysis
- Unbiased analysis on performance of the market
- Up-to-date and must-have intelligence for the market players to enhance and sustain their competitiveness
NOTE - All statements of fact, opinion, or analysis expressed in reports are those of the respective analysts. They do not necessarily reflect formal positions or views of the company.
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