Sources: Freedonia Group, Cleveland; CP staff
Rural and suburban residential and commercial development, especially in close proximity to highways, will sustain outdoor noise barrier demand, where annual growth through 2019 is forecast to rise 3.7 percent, to 9.5 million square feet. Outdoor Noise Barriers, a five-year U.S. outlook from market researcher Freedonia, finds highways accounting for the vast majority of installations, and concrete structures holding a commanding 92 percent share against plastic, metal and wood product alternatives.
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