Global Acoustic Plasterboard Market Outlook
Revenue, 2024
Forecast, 2034
CAGR, 2024 - 2034
Acoustic plasterboard stands out as a wall material crafted to excel in soundproof performance by dampening and lessening noise transfer significantly. Proving ideal for walls and ceilings in settings where noise management is crucially important like healthcare facilities or educational spaces as well as in hospitality and entertainment sectors among others. In times there has been a noticeable surge in the use of acoustic solutions in open concept offices and residential buildings to elevate privacy and convenience levels. A trend that is fueling the demand, for acoustic plasterboard.
Market Key Insights
- The Acoustic Plasterboard market is projected to grow from $1.5 billion in 2024 to $3.0 billion in 2034. This represents a CAGR of 7.1%, reflecting rising demand across Soundproofing in Residential Buildings, Commercial Building Construction and Home Theatres & Recording Studios.
The market leaders in this sector include Saint-Gobain Gyproc and British Gypsum and Knauf.
- U.S. and Germany are the top markets within the Acoustic Plasterboard market and are expected to observe the growth CAGR of 4.6% to 6.8% between 2024 and 2030.
- Emerging markets including India, Brazil and South Africa are expected to observe highest growth with CAGR ranging between 8.2% to 9.8%.
The market expansion of Acoustic Plasterboard will receive a $200.0 million boost from the transition toward sustainable materials during the next decade.
- The Acoustic Plasterboard market is set to add $1.5 billion between 2024 and 2034, with manufacturer targeting Commercial Construction & Industrial Construction End-Users projected to gain a larger market share.
- With Rising demand for noise reduction in residential and commercial spaces, and Technological advancements in acoustic solutions, Acoustic Plasterboard market to expand 99% between 2024 and 2034.
Opportunities in the Acoustic Plasterboard
Collaborating strategically with construction and design companies has the potential to unlock opportunities for the Acoustic Plasterboard sector. These partnerships enable the inclusion of Acoustic Plasterboard in architectural plans serving to broaden its uses and market presence. Such partnerships may also result in solutions crafted to meet the unique requirements of various projects prompting an increased interest, in Acoustic Plasterboard.
Growth Opportunities in North America and Asia-Pacific
North America Outlook
In North America the construction industry is highly advanced. Serves as a major market for acoustic plasterboard. The focus on building practices and energy efficiency in the region boosts the need for quality materials such as acoustic plasterboard. The United States stands out as a center for innovating solutions with leading companies like USG Corporation and National Gypsum introducing cutting edge acoustic plasterboard options. There is competition, among companies as they continuously aim to set their products apart through technological upgrades and enhanced features. The movement towards friendly buildings and the refurbishment of aging edifices play significant roles in shaping the demand for acoustic plasterboard, in North America.
Asia-Pacific Outlook
The Asia Pacific region led by China and India offers prospects for the acoustic plasterboard market due to fast urban development and a thriving construction sector in residential and commercial region's that drives the need for acoustic plasterboard products. This market includes both local companies; the local ones typically provide budget friendly options. Crucial factors in this region are the rising concern over noise pollution and the heightened need for insulation, in crowded city settings. The movement towards eco friendly urban region's in this locality continues to drive the need, for soundproof plasterboard.
Market Dynamics and Supply Chain
Driver: Rising Demand for Noise Reduction in Residential and Commercial Spaces, and Stringent Regulations for Noise Control
The Acoustic Plasterboard industry is also experiencing growth due to advancements in acoustic technology solutions well as innovative improvements like enhanced soundproofing and fire resistant qualities that are also making it a popular option, for construction projects of all kinds.
Restraint: High Production Cost
Opportunity: Technological Innovations and Evolving Consumer Needs
The changing requirements of consumers for residential and office environments offer a bright future for the Acoustic Plasterboard sector. The increasing awareness of the effects of noise pollution on well being and efficiency is likely to boost the need for efficient soundproofing options such, as Acoustic Plasterboard. Manufacturers who meet these demands can access a expanding market and boost their business growth.
Challenge: Lack of Awareness
Supply Chain Landscape
Saint-Gobain
Knauf Gips KG
USG Corporation
Etex Group
Ferguson Enterprises
Wolseley Group
Construction
Home Improvement
Entertainment
Saint-Gobain
Knauf Gips KG
USG Corporation
Etex Group
Ferguson Enterprises
Wolseley Group
Construction
Home Improvement
Entertainment
Applications of Acoustic Plasterboard in Soundproofing in Residential Buildings, Commercial Building Construction & Home Theatres & Recording Studios
Acoustic drywall is commonly applied in homes to reduce sound transfer between region's within the house. Commonly referred to as noise reducing drywall or soundproof drywall. Mainly used in partitions and ceilings to create a more peaceful living space where sounds are better absorbed and contained within each rooms boundaries. Leading companies such, as British Gypsum and Saint Gobain dominate this sector with their high quality items and prominent market standing.
Fire resistant acoustic plasterboard is commonly employed in building construction for its dual functionality of reducing noise levels and enhancing fire protection measures within structures such as office buildings and hospitality establishments like hotels and restaurants. Knauf and USG Boral stand out as players in this sector due, to their inventive solutions and strong market presence.
Acoustic plasterboard stands out as an option for household cinemas and music studios because of its ability to absorb sound effectively. It is practice to utilize dense acoustic plasterboard in such scenarios to guarantee exceptional sound performance and acoustics. Gyproc and Armstrong Ceilings are players in this field known for their top notch offerings and dominant position, in the market.
Recent Developments
Saint Gobain introduced their Acoustic Plasterboard. An advanced solution, for enhancing sound insulation in both commercial and residential structures.
Knauf announced the launch of an Acoustic Plasterboard that improves fire resistance levels for safer and quieter spaces.
USGBoral introduced an Acoustic Plasterboard product that boasts enhanced moisture resistance. This development represents a leap forward in Acoustic Plasterboard technology.