NEW YORK, Jan. 14, 2016 /PRNewswire/ --
US demand to rise 3.8% annually through 2019
Demand for outdoor noise barriers in the US is forecast to rise 3.8 percent annually to 9.5 million square feet in 2019, valued at $191 million. Advances will be spurred by population growth in rural and suburban areas. Builders will capitalize on the low land costs and the promises of convenient highway access to erect residences and commercial structures in proximity to highways and roads. In turn, state highway departments will erect outdoor noise barriers alongside highways to mitigate loud noises and enhance the quality of life for homeowners and employees in surrounding buildings.
Highways & roads to remain dominant market
Highways and roads accounted for the vast majority of outdoor noise barriers installed in the US in 2014 and are forecast to continue to remain the leading end use for these products going forward. State departments of transportation (DOTs) install noise barriers along roads and highways because of their moderate cost compared to other sound mitigation strategies and proven ability to reduce traffic noise. Moreover, once installed, outdoor noise barriers seldom require replacement or repair, providing longterm savings. This is an advantage over such sound-reducing products as rubberized asphalt paving materials, which are not only initially more expensive, but often require further maintenance after a decade of use.
Among other end uses, airports hold the second-largest share of outdoor noise barrier demand in 2014. Noise barriers -- such as metal ground runup enclosures -- are often installed at airports to reduce noise levels associated with the testing of jet engines. Barriers can also be installed around airport perimeters to control noise levels; however, concerns about security and visibility encourage airport managers to opt for mitigation strategies other than noise barriers.
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