Acoustical Fiber Board Market Projected to Witness Optimistic Growth Trajectory on Backdrop of Multiple Factors

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Introduction

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.

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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. The filling material used is environment-friendly, economical, and weather resistant polyester. This assembly of double resonance material and polyester is a significant development in the acoustical fiber board market that offers enhanced noise control and absorption. The growing adoption of these materials is likely to augment the growth of the market during the assessment period.

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 in 2018. Spending on construction and infrastructure activities in this region is expected to increase by 5% in 2018. Moreover, in the United States, the residential sector is expected to grow by 6% by 2018 owing to an increase in single families. 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 a nine year period, from 2018 till 2027. The research study portrays a complete market intelligence package that the reader can utilize to gain edge in the global market.

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