Based on the latest search results, here is the latest market for Acoustic Ceilings Market:
1. **Global Market Size and Growth Trends** :
The global market size for acoustic ceiling and wall absorbing materials was approximately $11,790 million in 2023 and is expected to reach $13,910 million by 2030, growing at a compound annual growth rate (CAGR) of 2.1 per cent during 2024-2030.
2. **China Market Size and Forecast**:
The global acoustic ceilings market reached a volume of RMB billion in 2022, and the China acoustic ceilings market volume also reached RMB billion. The global acoustic ceiling market is forecast to grow at a CAGR of approximately % during the forecast period and reach a market size of RMB billion by 2028.
3. **Market Segmentation and Applications**: Acoustic ceilings are further segmented on the basis of type into gypsum, mineral wool, metal, etc., with a market volume of RMB 100 million in 2022, and is expected to grow at a CAGR of % to reach RMB 100 million by 2028. The major applications are industrial applications, non-residential, and residential, with industrial applications being the largest end-use market with a market share of approximately % in 2022.
4. **Market Competitive Landscape** :
The major manufacturers of ceiling and wall acoustic materials in the global market include Knauf, Saint-Gobain, Lindner Group, etc., of which the top three global manufacturers held about % market share in 2023.
5. **Price Trends** :
Price trend forecasts for different types of acoustic and sound absorbing ceilings are mentioned in the report, but specific figures and growth rates are not provided in the summary.
In summary, the acoustic ceiling market is showing a trend of steady growth globally, especially in China, and the market size is expected to continue to expand in the coming years. Meanwhile, the competitive landscape of the market is relatively concentrated, with major players holding a large share of the global market. This information can provide investors and industry participants with references for market trends and investment decisions.
Jiangyin Dego Building Materials Co., Ltd.
