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The innovation and development of advanced acoustic tapes is expected to spur the growth of this market over the forecast period. Moreover, urbanization in developing regions have augmented the demand for residential structures and the improved lifestyle of the consumers have resulted in a surge in the demand for noise-free buildings, which is projected to foster the growth of acoustics tape market. Key players in the global acoustics market are expected to benefit primarily from the development of new applications for acoustic materials from the rising demand in the emerging regions.
Global Acoustic Tape Market Dynamics
Owing to the increasing noise pollution and surrounding sounds, the acoustic tapes are getting disturbed, thereby causing harmful effects on the human health. Noise pollution can cause several mental and psychological disorders such as cardiovascular diseases, hearing problems and permanent loss of hearing, sleep disturbances, hypertension and physiological losses. The ECBC code mandates to reduce the energy consumption by 40% by means of green building materials. As a result, there are now stringent regulations in place for energy conservation and noise reduction, which are anticipated to bode well for the acoustic tape market in the upcoming years. Factors such as rapid industrialization resulting in demand for reducing high decibel sound originating from the machinery, rising demand from residential applications owing to the need for dampening the outdoor sounds and increasing expenditure on research activities are expected to boost the global acoustic tape market. Additionally, the surge in automobile production and sales along with the rising consumption of acoustic materials such as acoustic tapes is estimated to fuel the market.
Meanwhile, the high cost associated with the purchase and installation of acoustic tapes has slowed down its adoption. Additionally, need for scientific and technological expertise for the production and installation of acoustic tapes has slowed their adoption. However, the migration rate of the population from rural to urban areas continues to act as an indicator of growth for the acoustic tape market. Moreover, growing high net worth individual population across the globe is projected to flourish the growth of the acoustic tape market over the forecast period.
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Global Acoustic Tape Market Segmentation
The acoustic tape market includes the following segments:
The global acoustic tape market can be segmented on the basis of material type as:
- Polyethylene foam
- Rubber
The pricing analysis of the global acoustic tape market has been done on the basis of material types by arriving at an average selling price of a product type that varies over a wide range of brands, designs, quality and various technological features.
The global acoustic tape market can be segmented on the basis of size as:
- 50 m x 75 mm x 5 mm
- 15 m x 50 mm x 5 mm
- 15 m x 37 mm x 5 mm
- 15 m x 30 mm x 5 mm
- 15 m x 19 mm x 5 mm
The global acoustic tape market can be segmented on the basis of application as:
- Stud work isolation
- Joist isolation
- Batten isolation
- New build and refurbishments
- DIY resilient batten applications
The global acoustic tape market can be segmented on the basis of end-user as:
- Building & construction
- Residential
- Commercial
- Industrial/HVAC & OEM
- Transport
- Automotive
- Marine
- Aerospace
The global acoustic tape market can be segmented on the basis of the geographical region as:
- North America
- Latin America
- Europe
- Japan
- Asia Pacific excluding Japan (APEJ)
- Middle East & Africa (MEA)
Global Acoustic Tape Market Key Players
Some of the key players in the acoustic tape market are:
- Acoustical Surfaces, Inc.
- IAC Acoustics
- Coroplast fritz müller gmbh & co. Kg
- Can-Do National Tape
- Other Key Players
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
- Technology
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)
- Japan
- 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.
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