Demand for Acoustic Insulation on the Rise, Leading to Growth of the Market Worldwide
Global acoustic insulation market was valued at $9,878 million in 2015, and is expected to reach $14,633 million by 2022, supported by a CAGR of 5.9% during the forecast period 2014 to 2022. Acoustic insulation is defined as a method to attenuate, deaden, or control sound and noise levels for environmental improvement and regulatory compliance.
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