The global acoustic insulation market is ascertained to reach USD 20.83 Billion by 2028 from USD 13.32 Billion in 2020, at a CAGR of 5.70% from 2020 to 2028. Acoustic insulation, also called sound insulation, is a form of a shield that provides soundproofing, reducing or preventing the noise between two rooms or from inside the building to the outside and vice versa. About 40% of the population in EU countries is exposed to road traffic noise at levels immense 55 dB(A). 20% is exposed to enormous levels of 65 dB(A) throughout the daytime, and over half-hour is exposed to levels surpassing 55 dB(A) at night. In the United States, about 30 million people are exposed to hazardous sound levels at their workplace every day.
Some industries and manufacturing processes generate high levels of noise (above 85dB) like transportation, factories, aircraft, railroads, and mining, which results in adverse health issues in the workers. For example, around 90% of coal miners have hearing impairment by age 52, compared to 9% of the general population, while 70% of metal/non-metal miners will have hearing impairment by the age of 60.
Leading Players– Union Foam SpA, Dow Chemical Company, Insumate Ltd, Kingspan Group, Hutchinson.
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Key Regional Markets Covered in the Report:
The Acoustic Insulation market has been segmented into key regions of the world and offers an analysis of growth rate, market share, current and emerging trends, production and consumption ratio, industrial chain analysis, demand and supply, import and export, revenue contribution, and presence of key players in each region. A country-wise analysis of the market is offered in the report to gain a better understanding of the regional spread and progress of the Acoustic Insulation market.
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