Major players in the acoustic insulation market are Saint-Gobain, Knauf Insulation, Armacell International, Soprema, Rockwool International, Huntsman Corporation, Owens Corning, Kingspan Group, BASF, Johns Manville, Getzner Werkstoffe GmbH, Cellofoam GmbH, Regupol Bsw Gmbh, The 3M Company, Trelleborg, and L’isolante K-Flex S.
New York, June 06, 2022 (GLOBE NEWSWIRE) -- Reportlinker.com announces the release of the report "Acoustic Insulation Global Market Report 2022" - https://www.reportlinker.com/p06284089/?utm_source=GNW P.A. The global acoustic insulation market is expected to grow from $12.34 billion in 2021 to $13.21 billion in 2022 at a compound annual growth rate (CAGR) of 6.98%. The growth is mainly due to the companies’ rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $17.53 billion in 2026 at a CAGR of 7.34%. The acoustic insulation market consists of sales of acoustic insulation products by entities (organizations, sole traders, and partnerships) that are used for soundproofing in various industries.The acoustic insulation creates a barrier between the interior and exterior areas of the wall and prevents noise from entering and exiting from the area. These insulation materials are also used as heat resistance in industries. The main types of acoustic insulation products are mineral wool, glass wool, polymeric foams, and natural.Mineral wool-based acoustic insulation products are made from stone with non-directional fibre orientation and higher intensity, with the potential to control sound waves and dampen vibrations. Mineral wool insulation is widely used in the construction and pipe industries. Major end-user industries of acoustic insulation products include building and construction, transportation, oil and gas, energy and utilities, and industrial and OEM. Western Europe was the largest region in the acoustic insulation market in 2021.Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in this report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. Increasing awareness regarding noise pollution is contributing to the growth of the acoustic insulation market.The World Health Organization (WHO) defines noise pollution as any sound that is above 65 decibels (dB). Also, noise becomes harmful as it exceeds 75 decibels (dB) and is painful above 120 decibels (dB).Major reasons for noise pollution are traffic noise, noise at construction sites, rapid industrialization, etc. Moreover, due to rapid urbanization, most of the population is exposed to noise pollution, and consumers and corporates are increasingly investing in soundproofing or acoustic insulation products to reduce the sound levels inside homes and office facilities.Acoustic insulation reduces external noise and helps in reducing sound transmission and vibration. According to the European Environmental Agency, 20% of the population lives in areas where noise levels are considered to be harmful. The rise in noise pollution forced companies to develop solutions for buildings with soundproof walls, and acoustic insulation proved a better way of soundproofing. Thus, increasing awareness of noise pollution propels the growth of the acoustic insulation market. The key players in the acoustic insulation market are focusing on developing innovative products with advanced technologies with greater efficiency to limit the sound between the rooms.For instance, in June 2019, Knauf Insulation, a Belgium-based manufacturer of insulation products, launched a new acoustic batt at the African Construction Expo. Acoustic Batt is a high-performance mineral wool insulation slab used to reduce noise between rooms in internal partition walls and immediate floors. In May 2019, Saint-Gobain S.A., a French-based company involved in manufacturing and distribution of materials and solutions, acquired Pritex Ltd., a UK-based company involved in the manufacture of thermo-acoustic insulation materials for the automotive market, for an undisclosed amount. Through this acquisition, Saint-Gobain High Performance Solutions expands its business model beyond automotive glazing to become a provider of solutions in the mobility market for comfort, safety, and energy saving. The countries covered in the acoustic insulation market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. Read the full report: https://www.reportlinker.com/p06284089/?utm_source=GNW About Reportlinker ReportLinker is an award-winning market research solution. Reportlinker finds and organizes the latest industry data so you get all the market research you need - instantly, in one place. __________________________
LOS ANGELES (Reuters) -U.S. President Joe Biden on Friday accused the U.S. oil industry, and ExxonMobil in particular, of capitalizing on a supply shortage to fatten profits. U.S. consumer inflation accelerated in May as gasoline prices hit a record high and the cost of food soared, leading to the largest annual increase in four decades. Biden, who came into office vowing to reduce U.S. dependence on fossil fuels, said on Friday he was hoping to speed up oil production, which is expected to hit record highs in the United States next year.
The relaunch will begin on Russia Day, a patriotic holiday celebrating the country's independence, at the same flagship location in Moscow's Pushkin Square where McDonald's first opened in Russia in January 1990. In the early 1990s, as the Soviet Union crumbled, McDonald's came to embody a thawing of Cold War tensions and was a vehicle for millions of Russians to sample American food and culture. The brand's exit is now a powerful symbol of how Russia and the West are once again turning their backs on each other.
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NEW YORK (Reuters) -Oil prices fell on Friday, after U.S. consumer prices rose more than expected and China imposed new COVID-19 lockdown measures. Brent crude fell $1.06 to settle at $122.01 a barrel. Both benchmarks still posted weekly gains, 1.9% for Brent and 1.5% for WTI.
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Earlier this week, the bank said https://www.reuters.com/business/wells-fargo-pauses-diverse-slate-hiring-policy-after-reports-fake-job-interviews-2022-06-06 in a memo it was pausing a hiring policy that requires recruiters to interview a diverse pool of candidates, after another report by the New York Times said such interviews were often fake and conducted even though the job had already been promised to someone else. The bank reiterated that it is conducting a review so that hiring managers, senior leaders and recruiters fully understand how the guidelines should be implemented. Wells Fargo declined to comment on the criminal investigation mentioned in the report.
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Retirees are staying in defined-contribution (DC) plans long after retirement, according to T. Rowe Price. DC plans are typically tax-advantaged accounts, such as 401(k)s and 403(b)s, offered by employers. Advisors should understand why employees stay invested in these accounts years … Continue reading → The post Here's Why Retirees Are Sticking With Workplace Retirement Plans appeared first on SmartAsset Blog.
Smithfield Foods, the largest pork processor in the world, will close its Vernon, California, plant and reduce its hog herd in the West, the company announced Friday. The closure, which the company attributed in a statement to "the escalating cost of doing business in California," comes as the state rolls out a new law requiring livestock be given more spacious confinements. Smithfield, owned by Hong Kong-listed WH Group Ltd, did not immediately respond to a Reuters inquiry about whether the law, known as Proposition 12, contributed to the decision to close the plant.
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The United States introduced its embargo on Russian imports in March just days after Moscow sent its troops into Ukraine, while the European Union agreed last month in principle to gradually cut 90% of its oil imports from Russia by the end of this year. Putin said the West will not be able to completely stop using Russian energy resources over next few years.