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Sound Barriers Market - Global Industry Forecast Report to 2024 and Leading Players: Armtec Infrastructure, Facade Technology, Mckeown International, Hoover Treated Wood Products

04-04-2019 03:24 PM CET | Industry, Real Estate & Construction

Press release from: Global Market Insights Inc.

Sound Barriers Market

Sound Barriers Market

Sound Barriers Market in Europe witnessed notable gains in recent years. Stringent norms noise proofing in transportation, building acoustic isolation and industrial equipment will drive industry growth. Improved living standards and high consumer spending on residential constructions will support product demand.

Sound Barriers Market will witness substantial growth owing to rising need for effective noise proofing in industrial, commercial and residential buildings. Increasing consumer consciousness pertaining to harmful effects of noise pollution will support product penetration. Rising incidences of hear loss caused due to long term exposure to loud noise has further stimulated the industry growth.

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Improved living standards along with increasing preference for privacy will propel product scope in residential construction sector. As per industry experts, elevated environmental noise causes several diseases including hearing impairment, ischemic heart disease, hypertension and annoyance. Increasing awareness regarding employee comfort and maintaining workplace ambience particularly in commercial buildings will propel sound barriers market growth.

Rapid industrialization, urbanization along with growing population are among key factors driving the product demand. High product adoption in public places supported by increasing government investments in public infrastructure projects particularly in Europe and North America will propel sound barriers market. Growing traveling and transportation frequencies resulting in extreme noise pollution has enhanced product demand in residential buildings.

Stringent government regulations regarding sustainable infrastructural development and prevention of noise pollution will induce industry demand. For instance, EPA has defined standards for controlling of noise generated in transportation and din isolation of building environments. Shifting government focus on infrastructure development with huge investments will propel sound barriers market size.

Lack of awareness regarding product benefits coupled with lack of effective technological development are among major challenges for industry growth. Capital intensive industry with high installation costs are key factors influencing price trend. Moreover, consumer perception towards sound barriers as luxurious product rather than a necessity may hinder business growth.

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North America, led by the U.S. will observe significant growth owing to growing automotive sales. Government investments in infrastructure development for noise prevention particularly at highways and airports will propel sound barriers market. Increasing R&D investments and technological advancements will open new avenues for industry growth. Growth in construction industry particularly in the U.S. is another factor driving business growth.

Asia Pacific is estimated to witness substantial growth due to expansion in construction and transportation industry. Increasing number of manufacturing facilities causing high noise pollution due to machinery & equipment will support the sound barriers market. Rising traffic congestion levels particularly in China, India & Japan will stimulate product demand.
Global sound barriers market share is fragmented and competitive due to presence of both multinational corporations and regional manufacturers.

• AcoustiGaurd
• ZAK Acoustic Product Manufacturer
• Ray Chung
• Easi-Set
• Amcon Block & Precast
• Fort Miller Group
• Hoover Treated Wood Products
• Armtec Infrastructure
• Coastal Precast Systems
• Cretex Companies
• Dynamic Precast Company
• Facade Technology
• Mckeown International

Mergers, collaborations, acquisitions, product portfolio expansion are among major strategies adopted by industry players.

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https://www.gminsights.com/industry-analysis/sound-barriers-market

About Global Market Insights:
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

Contact Us:
Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
Phone:1-302-846-7766
Toll Free: 1-888-689-0688
Email: sales@gminsights.com
Web: https://www.gminsights.com/

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