Asia-Pacific Building Acoustic Insulation Market Databank
The Building Acoustic Insulation market was valued at $4,100.0 Million in 2020, and is projected to reach $7,019.8 Million by 2029 growing at a CAGR of 6.20% from 2021 to 2029. Foamed Plastic segment is expected to be the highest contributor to this market, with $1,694.8 Million in 2020, and is anticipated to reach $2,905.4 Million by 2029, registering a CAGR of 6.21%. Foamed Plastic and Rock Wool segments collectively expected to account for about 67.5% share of the Building Acoustic Insulation market in 2020, with the former constituting around 41.3% share. Foamed Plastic and Rock Wool segments are expected to witness significant growth rates at a CAGR of 6.21% and 6.21% respectively, during the forecast period. Presently, share of these two segments is estimated to be around 67.5% in the overall Building Acoustic Insulation market in 2020, and is anticipated to reach 67.5% by 2029.
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.
Download eBook