Acoustics Market in U.S. to Exceed Valuation of US$ 1.9 Bn

2022-04-24 07:41:42 By : Mr. Tom zeng

April 21, 2022 07:30 ET | Source: Transparency Market Research Transparency Market Research

Albany, New York, UNITED STATES

ALBANY, New York, April 21, 2022 (GLOBE NEWSWIRE) -- A study by Transparency Market Research (TMR) states that the acoustics market in the U.S. is estimated to register growth at a CAGR of 5.1% during the forecast period from 2021 to 2031.

Acoustic products are being used in the automotive industry. Moreover, acoustic insulation materials find application in aerospace and marine sectors of the U.S. Hence, rise in product demand from different end-use industries is fueling the sales prospects in the U.S. acoustics market.

Moreover, the expansion of the transportation industry is prognosticated to drive the demand for acoustic insulation products in the near future, notes the TMR study.

Players in the U.S. acoustics market are estimated to gain profitable avenues in the upcoming years, owing to increasing need for generating desired sound effect and reflect sound at different frequencies for varied movies and short films. In addition, growing understanding on the importance of health and physical activity is fueling the sales opportunities in the acoustics market.

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Acoustics are manufactured using a wide range of materials such as stone wool, glass wool, fabric absorbers, acoustic fabrics & insulators, fabric diffusors, fabric dampeners, foamed plastic, fabric noise barriers, fabric soundproofing, fabric ceilings, and fabric wall materials. In the recent years, there has been an increase in the demand for products manufactured using foamed plastic material. This growth can be ascribed to different advantages they offer including their cost-effective nature and superior performance, notes the TMR study on the U.S. acoustics market.

U.S. Acoustics Market: Key Findings

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U.S. Acoustics Market: Growth Boosters

U.S. Acoustics Market: Key Players

Some of the key players profiled in the report are:

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U.S. Acoustics Market Segmentation

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