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Pet Polyester Acoustic Panel

Acoustic panels are sound absorbing panels placed on walls or ceilings to control and reduce noise, eliminate slap echo and control comb filtering in a room. The objective is to enhance the properties of sound by improving sound quality with sound absorbing panels. Often used to treat recording studio acoustics, church acoustics, home theater acoustics, restaurant acoustics, and listening rooms, the purpose of acoustic panels is to reduce, but not entirely eliminate, resonance within the room. Acoustic panels differ from Bass Traps in that they deal more with the mid and high frequencies in a room. Sound absorption is different than soundproofing, which is typically used to keep sound from escaping a room. Acoustic panels control echo and reverberation in a room. Most commonly used to resolve speech intelligibility issues in commercial soundproofing treatments. Most panels are constructed with a wooden frame, filled with sound absorption material (mineral wool, fiberglass, cellulose, open cell foam, or combination of and wrapped with fabric. Acoustic Panels are also referred to as Sound Absorption Panels, Soundproof Panels, or Sound Panels. Polyester Acoustic Panels are sound absorbing panels developed with environmental friendliness in mind. The panels are made from 100% polyester, 60% recycled fiber, and are 100% recyclable. Panels offer many environmental advantages and are a good alternative to a traditional fabric wrapped fiberglass panel. The core material is durable enough to withstand the force. The resistant polyester is an excellent choice for use high traffic areas in athletic facilities, offices, schools, multipurpose rooms and just about anywhere. The Polyester Acoustic Panels are delivered as a finished, durable sheet, ready to install. They may be easily cut to size on site for a custom fit or to create designs. Growing demand for sound absorption materials in the entertainment industry including music studios, corporate workplaces, cinema halls, and auditoriums will provide a positive scope for acoustic insulation market penetration during the forecasted timeframe. Increasing focus for improving the building infrastructure to offer peaceful and convenient environment in public places has led to a rise in installation of sound barriers across the highways, construction sites, airport runways, railway stations etc. Further, constructive indicators from the workout centres, gyms, industrial sound absorption, control rooms, cabinets, and shipbuilding segments hold potential opportunities for the product growth globally. Global acoustic insulation market is driven by rapid innovations & technological development in the construction, industrial and transportation sector. Shifting consumer preferences toward construction of green buildings coupled with surging preferences toward usage of environment-friendly sound absorption products will stimulate the market over the forecast timeframe. Developing economies such as China, India, Mexico, and Brazil will substantially impact the product development owing to large customer base coupled with inclining preferences towards noise-free buildings and quiet environment requirements in hospitals and educational institutions. Asia-Pacific and Middle East & African countries are experiencing huge domestic as well as foreign investments for setting up industrial units, hospitals, malls, multiplexes, hospitality industry, and IT sector. Asia-Pacific is an attractive market for foreign companies, due to healthy economic performance of the countries, like India, China, Indonesia, etc., and efforts made by the Middle Eastern countries to develop its tourism and other non-oil sectors, which are driving commercial construction activities in these regions. The Indian Government has also set an investment target of USD 120.5 billion for developing 27 industrial clusters; this is expected to boost commercial construction in the country. Asia Pacific will witness the fastest growth with a CAGR at 5% in the acoustic insulation market by 2025. Rising disposable income coupled with extensive product utilization in the building & construction, industrial, and transportation segments in the region are key factors driving industry growth. Surging government investments in numerous industrial & commercial projects pertaining to fire and sound absorption will stimulate the market share. Rapid surge in infrastructural activities along with the growing noise pollution in several metropolitan cities will proliferate the acoustic insulation market demand in the region. As a whole any entrepreneur can venture in this project without risk and earn profit. Few Indian major players are as under Saint-Gobain India Pvt. Ltd. Owens Corning Inds. (India) Pvt. Ltd. Kingspan Jindal Pvt. Ltd. B A S F Polyurethanes India Ltd.
Plant capacity: PET Polyester Acoustic Panel (Size 4' x8'x1"): 666.7 Pcs / DayPlant & machinery: Rs 286 lakhs
Working capital: -T.C.I: Cost of Project: Rs 1048 lakhs
Return: 26.00%Break even: 39.00%
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