Global Acoustical Ceiling Market Report and Forecast 2024-2032

Global Acoustical Ceiling Market Outlook

The global acoustical ceiling market is expected to grow in the forecast period of 2024-2032 at a CAGR of 8%.

Robust Growth of the Construction Industry Bolstering the Market for Acoustical Ceiling

The market growth can be attributed to the rapid growth of the construction industry. The growing availability of acoustical ceilings in both developed and developing countries is also driving the market growth. As the demand for high-quality construction materials, especially in commercial applications, is surging, the market for acoustical ceilings is witnessing robust growth. The increasing attempts to enhance productivity and holistic wellbeing in commercial spaces, such as hospitals, schools, and offices, among others, by focussing on acoustic properties are surging the demand for acoustical ceilings and fuelling the industry growth.

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Moreover, the enhanced focus to increase the comfortability of enclosed spaces by surging acoustic comfort is increasing the deployment of acoustical ceilings, which is propelling the industry growth. With the growing attention on acoustics in offices and sports venues to ensure comfort and quality, the use of acoustical ceilings is increasing, which is significantly contributing to the growth of the market.

Acoustical Ceiling Market Segmentation

Acoustical ceiling refers to ceilings that are made up of acoustic ceiling tiles and stick-built grid systems. It is cost-effective, durable, and versatile, and aid in noise reduction in enclosed spaces. It is made up of acoustical materials like fibreglass, polyester, and wood, among others, to alter the acoustics in enclosed spaces.

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The major product types of acoustical ceiling are:

• Mineral Fibre
• Gypsum
• Others

The market can be broadly categorised on the basis of its applications into:

• Commercial
• Residential
• Industrial

The EMR report looks into the regional markets of acoustical ceiling like North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

Increasing Development of Lightweight Acoustical Ceilings to Augment the Growth of the Market

The increasing development of lightweight acoustical ceilings is surging their demand to boost energy-efficiency of buildings, which is augmenting the market growth. As acoustical ceilings are increasingly becoming decorative and affordable, they are deployed to enhance the aesthetic appeal of spaces in the residential and commercial sector, which is driving the industry growth. The increasing use of state-of-the-art acoustics in acoustical ceilings to ensure optimal sound quality is projected to significantly contribute to the growth of the market in the coming years.

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The deployment of 3D printing technology to manufacture complex acoustical ceilings is propelling the market growth. The ease-of-installation offered by such acoustical ceilings is surging their demand in commercial spaces, which is augmenting the industry growth. Moreover, 3D printing of acoustical ceilings boosts cost-effectiveness, due to which they are increasingly used in public buildings, which, in turn, is driving the market growth. As 3D printing enables the adjustment of geometry of acoustical ceilings with increasing the manufacturing costs, the market is poised to witness a robust growth in the forecast period.

Key Industry Players in the Global Acoustical Ceiling Market

The report presents a detailed analysis of the following key players in the global acoustical ceiling market, looking into their capacity, market shares, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:

• USG Corporation
• AWI Licensing LLC
• Compagnie de Saint-Gobain S.A.
• Knauf Insulation, Inc.
• USG Boral Building Products (I) Pvt. Ltd.
• Guangdong Liyin Acoustics Technology Co., Ltd.
• Golterman and Sabo, Inc
• Others

The comprehensive report looks into the macro and micro aspects of the industry. The EMR report gives an in-depth insight into the market by providing a SWOT analysis as well as an analysis of Porter’s Five Forces model.

Key Highlights of the Report