The global lightweight acoustic floor systems market is expected to secure USD 3,561.3 Million in 2022 to USD 6,782.1 Million by 2032. During the time span of 2022 to 2032, the market is expected to display a CAGR of 6.7%, which was valued at 5.2% in 2016 to 21.
Report Attributes | Details |
---|---|
Projected Market Value (2022) | USD 3,561.3 Million |
Anticipated Forecast Value (2032) | USD 6,782.1 Million |
Estimated Growth Rate (2022 to 2032) | 6.7% |
Growing urbanization, especially in developing countries, is expected to play a significant role in boosting demand for lightweight acoustic floor systems market. With urbanization, there has been a rise in the number of multi-storied buildings, which is expected to benefit the market in the coming time. Increasing population, rising construction activities, and a better lifestyle have resulted in increased demand for lightweight acoustic floor systems.
The presence of strict rules and regulations relating to noise limits in residential buildings, along with an increasing number of commercial buildings is anticipated to enhance demand for lightweight acoustic floor systems.
Further, there has been surged demand for lightweight acoustic floors in industrial projects to dampen the noise generated from structures. Movie theaters, concert halls, music studios, and auditoriums are some of the major consumers of lightweight acoustic floors.
Further, the introduction of environment-friendly acoustic panels is projected to widen the growth prospects of the market during the forecast period. For instance, Shumanet Eco is an eco-friendly fiberglass slab that features a high sound insulation performance. It is used as a middle layer while building frame sound-absorbing and ceiling structures. Such factors are expected to augment the market size in the forecast period.
High costs associated with acoustic floors are expected to hamper the market growth in the forecast period. Also, the availability of cheaper alternatives and the presence of software that aid in absorbing sounds are likely to further limit the market size.
Other factors affecting the market growth include heavy development costs and research expertise. However, rising demand from commercial sectors to regulate noise is expected to counter the hampering factor and benefit the industry growth in the assessment period.
As per the analysis, North America is anticipated to dominate the global lightweight acoustic floor systems market during the forecast period. In 2022, the regional market is anticipated to secure about 34.6% of the total global revenue.
The growth of the market can be attributed to the expansion of the construction sector of the USA As per Construction Outlook 2020 by Oxford Economics, the USA construction market is anticipated to grow faster than China in the coming 15 years. Also, players in the region are focusing to expand their reach in the market through acquisitions. For instance, in December 2020, Armstrong World Industries announced that it has agreed to buy Arkutra, LLC, a Los Angeles-based fabricator and designer of wall partitions, facades, floors, and ceilings. Such factors are expected to benefit the regional market growth during the forecast period.
According to the study, Europe is anticipated to be the second-largest lightweight acoustic floor systems market. In 2022, the region is anticipated to accumulate 21.1% of the global market share.
Expansion of the regional market can be attributed to the increasing construction activities in Germany, France, the U.K, Italy, and Russia. Further, an increasing number of players entering the market is likely to augment the market size during the forecast period. For instance, Mogu Bio, an Italy-based player officially revealed the first collection of products based on the most advanced Mycelium technology. Such factors are likely to benefit the regional market in the forecast period.
As per the analysis, APAC is anticipated to be the most lucrative market for lightweight acoustic floor systems market. This can be attributed to the rapid urbanization and expanding construction sector in emerging economies like India, China, and Japan.
Further, FDI is anticipated to play important role in accelerating the region’s economic development. Other factors contributing to the market growth include increasing disposable income, growing interest of new players in the region, and the presence of untapped opportunities. Such factors are likely to bolster market growth in the coming time.
Mogu, Baux, Aisti, Natural Acoustics, Siamo Suono e musica, Aural-Aid, and UNStudio, are some of the emerging entities in the global lightweight acoustic floor systems market. Startups are likely to make a significant contribution to developing the industry. For instance, Aisti, a Finnish construction tech startup announced that it received funding of 1.6 Million Euros. Such funding is likely to back the market growth in the forecast period.
Key players in the global lightweight acoustic floor systems market include Mason UK, Kinetics Noise Control Inc, Farrat Isolevel Ltd, Rockcote Resene Ltd., Monarfloor Acoustic Systems Ltd., Cellecta Ltd., Knauf Insulation, Saint-Gobain Isover, Ubiq, and YOSHINO GYPSUM CO., LTD.
Report Attribute | Details |
---|---|
Growth Rate (2022 to 2032) | 6.7% |
Market Value in 2022 | USD 3,561.3 Million |
Market Value in 2032 | USD 6,782.1 Million |
Base Year for Estimation | 2021 |
Historical Data | 2016 to 2021 |
Forecast Period | 2022 to 2032 |
Quantitative Units | USD Million for Value |
Report Coverage | Revenue Forecast, Volume Forecast, Company Ranking, Competitive Landscape, Growth Factors, Trends, and Pricing Analysis |
Segments Covered | Type of Flooring, Application, Material, Region |
Regions Covered | North America; Latin America; Europe; Asia Pacific; Middle East & Africa |
Key Countries Profiled | USA, Canada, Argentina, Brazil, Germany, UK, France, Spain, Italy, Nordic Countries, Poland, Russia, Australia & New Zealand, China, India, ASEAN, GCC, North Africa, South Africa |
Key Companies Profiled | Mason UK; Kinetics Noise Control Inc; Farrat Isolevel Ltd; Rockcote Resene Ltd.; Monarfloor Acoustic Systems Ltd.; Cellecta Ltd.; Knauf Insulation; Saint-Gobain Isover; Ubiq; YOSHINO GYPSUM CO., LTD |
Customization Scope | Available upon Request |
Table 1: Global Lightweight Acoustic Floor Systems Market Value (US$ Mn) Forecast by Region, 2017-2032
Table 2: Global Lightweight Acoustic Floor Systems Market Value (US$ Mn) Forecast by Type of Flooring, 2017-2032
Table 3: Global Lightweight Acoustic Floor Systems Market Value (US$ Mn) Forecast by Type of Material Used, 2017-2032
Table 4: Global Lightweight Acoustic Floor Systems Market Value (US$ Mn) Forecast by Application, 2017-2032
Table 5: North America Lightweight Acoustic Floor Systems Market Value (US$ Mn) Forecast by Country, 2017-2032
Table 6: North America Lightweight Acoustic Floor Systems Market Value (US$ Mn) Forecast by Type of Flooring, 2017-2032
Table 7: North America Lightweight Acoustic Floor Systems Market Value (US$ Mn) Forecast by Type of Material Used, 2017-2032
Table 8: North America Lightweight Acoustic Floor Systems Market Value (US$ Mn) Forecast by Application, 2017-2032
Table 9: Latin America Lightweight Acoustic Floor Systems Market Value (US$ Mn) Forecast by Country, 2017-2032
Table 10: Latin America Lightweight Acoustic Floor Systems Market Value (US$ Mn) Forecast by Type of Flooring, 2017-2032
Table 11: Latin America Lightweight Acoustic Floor Systems Market Value (US$ Mn) Forecast by Type of Material Used, 2017-2032
Table 12: Latin America Lightweight Acoustic Floor Systems Market Value (US$ Mn) Forecast by Application, 2017-2032
Table 13: Europe Lightweight Acoustic Floor Systems Market Value (US$ Mn) Forecast by Country, 2017-2032
Table 14: Europe Lightweight Acoustic Floor Systems Market Value (US$ Mn) Forecast by Type of Flooring, 2017-2032
Table 15: Europe Lightweight Acoustic Floor Systems Market Value (US$ Mn) Forecast by Type of Material Used, 2017-2032
Table 16: Europe Lightweight Acoustic Floor Systems Market Value (US$ Mn) Forecast by Application, 2017-2032
Table 17: Asia Pacific Lightweight Acoustic Floor Systems Market Value (US$ Mn) Forecast by Country, 2017-2032
Table 18: Asia Pacific Lightweight Acoustic Floor Systems Market Value (US$ Mn) Forecast by Type of Flooring, 2017-2032
Table 19: Asia Pacific Lightweight Acoustic Floor Systems Market Value (US$ Mn) Forecast by Type of Material Used, 2017-2032
Table 20: Asia Pacific Lightweight Acoustic Floor Systems Market Value (US$ Mn) Forecast by Application, 2017-2032
Table 21: MEA Lightweight Acoustic Floor Systems Market Value (US$ Mn) Forecast by Country, 2017-2032
Table 22: MEA Lightweight Acoustic Floor Systems Market Value (US$ Mn) Forecast by Type of Flooring, 2017-2032
Table 23: MEA Lightweight Acoustic Floor Systems Market Value (US$ Mn) Forecast by Type of Material Used, 2017-2032
Table 24: MEA Lightweight Acoustic Floor Systems Market Value (US$ Mn) Forecast by Application, 2017-2032
Figure 1: Global Lightweight Acoustic Floor Systems Market Value (US$ Mn) by Type of Flooring, 2022-2032
Figure 2: Global Lightweight Acoustic Floor Systems Market Value (US$ Mn) by Type of Material Used, 2022-2032
Figure 3: Global Lightweight Acoustic Floor Systems Market Value (US$ Mn) by Application, 2022-2032
Figure 4: Global Lightweight Acoustic Floor Systems Market Value (US$ Mn) by Region, 2022-2032
Figure 5: Global Lightweight Acoustic Floor Systems Market Value (US$ Mn) Analysis by Region, 2017-2032
Figure 6: Global Lightweight Acoustic Floor Systems Market Value Share (%) and BPS Analysis by Region, 2022-2032
Figure 7: Global Lightweight Acoustic Floor Systems Market Y-o-Y Growth (%) Projections by Region, 2022-2032
Figure 8: Global Lightweight Acoustic Floor Systems Market Value (US$ Mn) Analysis by Type of Flooring, 2017-2032
Figure 9: Global Lightweight Acoustic Floor Systems Market Value Share (%) and BPS Analysis by Type of Flooring, 2022-2032
Figure 10: Global Lightweight Acoustic Floor Systems Market Y-o-Y Growth (%) Projections by Type of Flooring, 2022-2032
Figure 11: Global Lightweight Acoustic Floor Systems Market Value (US$ Mn) Analysis by Type of Material Used, 2017-2032
Figure 12: Global Lightweight Acoustic Floor Systems Market Value Share (%) and BPS Analysis by Type of Material Used, 2022-2032
Figure 13: Global Lightweight Acoustic Floor Systems Market Y-o-Y Growth (%) Projections by Type of Material Used, 2022-2032
Figure 14: Global Lightweight Acoustic Floor Systems Market Value (US$ Mn) Analysis by Application, 2017-2032
Figure 15: Global Lightweight Acoustic Floor Systems Market Value Share (%) and BPS Analysis by Application, 2022-2032
Figure 16: Global Lightweight Acoustic Floor Systems Market Y-o-Y Growth (%) Projections by Application, 2022-2032
Figure 17: Global Lightweight Acoustic Floor Systems Market Attractiveness by Type of Flooring, 2022-2032
Figure 18: Global Lightweight Acoustic Floor Systems Market Attractiveness by Type of Material Used, 2022-2032
Figure 19: Global Lightweight Acoustic Floor Systems Market Attractiveness by Application, 2022-2032
Figure 20: Global Lightweight Acoustic Floor Systems Market Attractiveness by Region, 2022-2032
Figure 21: North America Lightweight Acoustic Floor Systems Market Value (US$ Mn) by Type of Flooring, 2022-2032
Figure 22: North America Lightweight Acoustic Floor Systems Market Value (US$ Mn) by Type of Material Used, 2022-2032
Figure 23: North America Lightweight Acoustic Floor Systems Market Value (US$ Mn) by Application, 2022-2032
Figure 24: North America Lightweight Acoustic Floor Systems Market Value (US$ Mn) by Country, 2022-2032
Figure 25: North America Lightweight Acoustic Floor Systems Market Value (US$ Mn) Analysis by Country, 2017-2032
Figure 26: North America Lightweight Acoustic Floor Systems Market Value Share (%) and BPS Analysis by Country, 2022-2032
Figure 27: North America Lightweight Acoustic Floor Systems Market Y-o-Y Growth (%) Projections by Country, 2022-2032
Figure 28: North America Lightweight Acoustic Floor Systems Market Value (US$ Mn) Analysis by Type of Flooring, 2017-2032
Figure 29: North America Lightweight Acoustic Floor Systems Market Value Share (%) and BPS Analysis by Type of Flooring, 2022-2032
Figure 30: North America Lightweight Acoustic Floor Systems Market Y-o-Y Growth (%) Projections by Type of Flooring, 2022-2032
Figure 31: North America Lightweight Acoustic Floor Systems Market Value (US$ Mn) Analysis by Type of Material Used, 2017-2032
Figure 32: North America Lightweight Acoustic Floor Systems Market Value Share (%) and BPS Analysis by Type of Material Used, 2022-2032
Figure 33: North America Lightweight Acoustic Floor Systems Market Y-o-Y Growth (%) Projections by Type of Material Used, 2022-2032
Figure 34: North America Lightweight Acoustic Floor Systems Market Value (US$ Mn) Analysis by Application, 2017-2032
Figure 35: North America Lightweight Acoustic Floor Systems Market Value Share (%) and BPS Analysis by Application, 2022-2032
Figure 36: North America Lightweight Acoustic Floor Systems Market Y-o-Y Growth (%) Projections by Application, 2022-2032
Figure 37: North America Lightweight Acoustic Floor Systems Market Attractiveness by Type of Flooring, 2022-2032
Figure 38: North America Lightweight Acoustic Floor Systems Market Attractiveness by Type of Material Used, 2022-2032
Figure 39: North America Lightweight Acoustic Floor Systems Market Attractiveness by Application, 2022-2032
Figure 40: North America Lightweight Acoustic Floor Systems Market Attractiveness by Country, 2022-2032
Figure 41: Latin America Lightweight Acoustic Floor Systems Market Value (US$ Mn) by Type of Flooring, 2022-2032
Figure 42: Latin America Lightweight Acoustic Floor Systems Market Value (US$ Mn) by Type of Material Used, 2022-2032
Figure 43: Latin America Lightweight Acoustic Floor Systems Market Value (US$ Mn) by Application, 2022-2032
Figure 44: Latin America Lightweight Acoustic Floor Systems Market Value (US$ Mn) by Country, 2022-2032
Figure 45: Latin America Lightweight Acoustic Floor Systems Market Value (US$ Mn) Analysis by Country, 2017-2032
Figure 46: Latin America Lightweight Acoustic Floor Systems Market Value Share (%) and BPS Analysis by Country, 2022-2032
Figure 47: Latin America Lightweight Acoustic Floor Systems Market Y-o-Y Growth (%) Projections by Country, 2022-2032
Figure 48: Latin America Lightweight Acoustic Floor Systems Market Value (US$ Mn) Analysis by Type of Flooring, 2017-2032
Figure 49: Latin America Lightweight Acoustic Floor Systems Market Value Share (%) and BPS Analysis by Type of Flooring, 2022-2032
Figure 50: Latin America Lightweight Acoustic Floor Systems Market Y-o-Y Growth (%) Projections by Type of Flooring, 2022-2032
Figure 51: Latin America Lightweight Acoustic Floor Systems Market Value (US$ Mn) Analysis by Type of Material Used, 2017-2032
Figure 52: Latin America Lightweight Acoustic Floor Systems Market Value Share (%) and BPS Analysis by Type of Material Used, 2022-2032
Figure 53: Latin America Lightweight Acoustic Floor Systems Market Y-o-Y Growth (%) Projections by Type of Material Used, 2022-2032
Figure 54: Latin America Lightweight Acoustic Floor Systems Market Value (US$ Mn) Analysis by Application, 2017-2032
Figure 55: Latin America Lightweight Acoustic Floor Systems Market Value Share (%) and BPS Analysis by Application, 2022-2032
Figure 56: Latin America Lightweight Acoustic Floor Systems Market Y-o-Y Growth (%) Projections by Application, 2022-2032
Figure 57: Latin America Lightweight Acoustic Floor Systems Market Attractiveness by Type of Flooring, 2022-2032
Figure 58: Latin America Lightweight Acoustic Floor Systems Market Attractiveness by Type of Material Used, 2022-2032
Figure 59: Latin America Lightweight Acoustic Floor Systems Market Attractiveness by Application, 2022-2032
Figure 60: Latin America Lightweight Acoustic Floor Systems Market Attractiveness by Country, 2022-2032
Figure 61: Europe Lightweight Acoustic Floor Systems Market Value (US$ Mn) by Type of Flooring, 2022-2032
Figure 62: Europe Lightweight Acoustic Floor Systems Market Value (US$ Mn) by Type of Material Used, 2022-2032
Figure 63: Europe Lightweight Acoustic Floor Systems Market Value (US$ Mn) by Application, 2022-2032
Figure 64: Europe Lightweight Acoustic Floor Systems Market Value (US$ Mn) by Country, 2022-2032
Figure 65: Europe Lightweight Acoustic Floor Systems Market Value (US$ Mn) Analysis by Country, 2017-2032
Figure 66: Europe Lightweight Acoustic Floor Systems Market Value Share (%) and BPS Analysis by Country, 2022-2032
Figure 67: Europe Lightweight Acoustic Floor Systems Market Y-o-Y Growth (%) Projections by Country, 2022-2032
Figure 68: Europe Lightweight Acoustic Floor Systems Market Value (US$ Mn) Analysis by Type of Flooring, 2017-2032
Figure 69: Europe Lightweight Acoustic Floor Systems Market Value Share (%) and BPS Analysis by Type of Flooring, 2022-2032
Figure 70: Europe Lightweight Acoustic Floor Systems Market Y-o-Y Growth (%) Projections by Type of Flooring, 2022-2032
Figure 71: Europe Lightweight Acoustic Floor Systems Market Value (US$ Mn) Analysis by Type of Material Used, 2017-2032
Figure 72: Europe Lightweight Acoustic Floor Systems Market Value Share (%) and BPS Analysis by Type of Material Used, 2022-2032
Figure 73: Europe Lightweight Acoustic Floor Systems Market Y-o-Y Growth (%) Projections by Type of Material Used, 2022-2032
Figure 74: Europe Lightweight Acoustic Floor Systems Market Value (US$ Mn) Analysis by Application, 2017-2032
Figure 75: Europe Lightweight Acoustic Floor Systems Market Value Share (%) and BPS Analysis by Application, 2022-2032
Figure 76: Europe Lightweight Acoustic Floor Systems Market Y-o-Y Growth (%) Projections by Application, 2022-2032
Figure 77: Europe Lightweight Acoustic Floor Systems Market Attractiveness by Type of Flooring, 2022-2032
Figure 78: Europe Lightweight Acoustic Floor Systems Market Attractiveness by Type of Material Used, 2022-2032
Figure 79: Europe Lightweight Acoustic Floor Systems Market Attractiveness by Application, 2022-2032
Figure 80: Europe Lightweight Acoustic Floor Systems Market Attractiveness by Country, 2022-2032
Figure 81: Asia Pacific Lightweight Acoustic Floor Systems Market Value (US$ Mn) by Type of Flooring, 2022-2032
Figure 82: Asia Pacific Lightweight Acoustic Floor Systems Market Value (US$ Mn) by Type of Material Used, 2022-2032
Figure 83: Asia Pacific Lightweight Acoustic Floor Systems Market Value (US$ Mn) by Application, 2022-2032
Figure 84: Asia Pacific Lightweight Acoustic Floor Systems Market Value (US$ Mn) by Country, 2022-2032
Figure 85: Asia Pacific Lightweight Acoustic Floor Systems Market Value (US$ Mn) Analysis by Country, 2017-2032
Figure 86: Asia Pacific Lightweight Acoustic Floor Systems Market Value Share (%) and BPS Analysis by Country, 2022-2032
Figure 87: Asia Pacific Lightweight Acoustic Floor Systems Market Y-o-Y Growth (%) Projections by Country, 2022-2032
Figure 88: Asia Pacific Lightweight Acoustic Floor Systems Market Value (US$ Mn) Analysis by Type of Flooring, 2017-2032
Figure 89: Asia Pacific Lightweight Acoustic Floor Systems Market Value Share (%) and BPS Analysis by Type of Flooring, 2022-2032
Figure 90: Asia Pacific Lightweight Acoustic Floor Systems Market Y-o-Y Growth (%) Projections by Type of Flooring, 2022-2032
Figure 91: Asia Pacific Lightweight Acoustic Floor Systems Market Value (US$ Mn) Analysis by Type of Material Used, 2017-2032
Figure 92: Asia Pacific Lightweight Acoustic Floor Systems Market Value Share (%) and BPS Analysis by Type of Material Used, 2022-2032
Figure 93: Asia Pacific Lightweight Acoustic Floor Systems Market Y-o-Y Growth (%) Projections by Type of Material Used, 2022-2032
Figure 94: Asia Pacific Lightweight Acoustic Floor Systems Market Value (US$ Mn) Analysis by Application, 2017-2032
Figure 95: Asia Pacific Lightweight Acoustic Floor Systems Market Value Share (%) and BPS Analysis by Application, 2022-2032
Figure 96: Asia Pacific Lightweight Acoustic Floor Systems Market Y-o-Y Growth (%) Projections by Application, 2022-2032
Figure 97: Asia Pacific Lightweight Acoustic Floor Systems Market Attractiveness by Type of Flooring, 2022-2032
Figure 98: Asia Pacific Lightweight Acoustic Floor Systems Market Attractiveness by Type of Material Used, 2022-2032
Figure 99: Asia Pacific Lightweight Acoustic Floor Systems Market Attractiveness by Application, 2022-2032
Figure 100: Asia Pacific Lightweight Acoustic Floor Systems Market Attractiveness by Country, 2022-2032
Figure 101: MEA Lightweight Acoustic Floor Systems Market Value (US$ Mn) by Type of Flooring, 2022-2032
Figure 102: MEA Lightweight Acoustic Floor Systems Market Value (US$ Mn) by Type of Material Used, 2022-2032
Figure 103: MEA Lightweight Acoustic Floor Systems Market Value (US$ Mn) by Application, 2022-2032
Figure 104: MEA Lightweight Acoustic Floor Systems Market Value (US$ Mn) by Country, 2022-2032
Figure 105: MEA Lightweight Acoustic Floor Systems Market Value (US$ Mn) Analysis by Country, 2017-2032
Figure 106: MEA Lightweight Acoustic Floor Systems Market Value Share (%) and BPS Analysis by Country, 2022-2032
Figure 107: MEA Lightweight Acoustic Floor Systems Market Y-o-Y Growth (%) Projections by Country, 2022-2032
Figure 108: MEA Lightweight Acoustic Floor Systems Market Value (US$ Mn) Analysis by Type of Flooring, 2017-2032
Figure 109: MEA Lightweight Acoustic Floor Systems Market Value Share (%) and BPS Analysis by Type of Flooring, 2022-2032
Figure 110: MEA Lightweight Acoustic Floor Systems Market Y-o-Y Growth (%) Projections by Type of Flooring, 2022-2032
Figure 111: MEA Lightweight Acoustic Floor Systems Market Value (US$ Mn) Analysis by Type of Material Used, 2017-2032
Figure 112: MEA Lightweight Acoustic Floor Systems Market Value Share (%) and BPS Analysis by Type of Material Used, 2022-2032
Figure 113: MEA Lightweight Acoustic Floor Systems Market Y-o-Y Growth (%) Projections by Type of Material Used, 2022-2032
Figure 114: MEA Lightweight Acoustic Floor Systems Market Value (US$ Mn) Analysis by Application, 2017-2032
Figure 115: MEA Lightweight Acoustic Floor Systems Market Value Share (%) and BPS Analysis by Application, 2022-2032
Figure 116: MEA Lightweight Acoustic Floor Systems Market Y-o-Y Growth (%) Projections by Application, 2022-2032
Figure 117: MEA Lightweight Acoustic Floor Systems Market Attractiveness by Type of Flooring, 2022-2032
Figure 118: MEA Lightweight Acoustic Floor Systems Market Attractiveness by Type of Material Used, 2022-2032
Figure 119: MEA Lightweight Acoustic Floor Systems Market Attractiveness by Application, 2022-2032
Figure 120: MEA Lightweight Acoustic Floor Systems Market Attractiveness by Country, 2022-2032
The global lightweight acoustic floor systems market is expected to hold a value worth USD 6,782.1 Million by 2032.
The global lightweight acoustic floor systems market is anticipated to display a CAGR of 6.7% during the forecast period.
Mason UK, Kinetics Noise Control Inc, Knauf Insulation, and Saint-Gobain Isover are some of the eminent players in the global lightweight acoustic floor systems market.
Explore Electronics & Components Insights
Thank you!
You will receive an email from our Business Development Manager. Please be sure to check your SPAM/JUNK folder too.