Acoustic Insulation Market Industry Leaders Size & Share Outlook & New Revenue Pockets
The market size of the acoustic insulation market is projected to reach USD 20.4 billion by 2029, at a CAGR of 4.8 % from USD 16.2 billion in 2024. Rapid urbanization & infrastructure development, coupled with stringent regulatory and sustainability mandates concerning healthcare safety and noise pollution, will contribute to the rapid growth in the demand for acoustic insulation.
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Acoustic Insulation Market Industry Leaders & New Revenue Pockets
The global acoustic insulation market size is estimated at USD 14.1billion in 2021 and is projected to reach USD 17.1 billion by 2026, at a CAGR of3.9%. Slowdown in the growth of European construction industry, along with the fluctuating raw material prices are the major restraining factors for the acoustic insulation market.
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