Building Acoustic Insulation Market Worth $6.2 Billion By 2028
Building Acoustic Insulation Industry Overview The global building acoustic insulation market size is expected to reach USD 6.2 billion by 2028, according to a new report by Grand View Research, Inc. It is expected to expand at a CAGR of 5.3% from 2021 to 2028. Rising investment in infrastructure, stringent building code, energy efficiency, and increasing living standards are augmenting the growth of the market. Building Acoustic Insulation Market Segmentation Grand View Research has segmented the global building acoustic insulation market on the basis of product, application, and region: Based on the Product Insights, the market is segmented into Glass Wool, Rock Wool, Foamed Plastic, Others. Foamed plastic (cellular polymers) dominated the market and accounted for over 40.0% share of the global revenue in 2020. Its properties such as lightweight, vibration damping, and heat and sound absorption make it suitable for acoustic and decorative application...