BUILDING INSULATION MARKET - UK 2009-2013

Table of Contents

1. INTRODUCTION 6

2. SUMMARY AND FUTURE PROSPECTS 7

3. ECONOMIC ENVIRONMENT 10

• 3.1 GDP 10
• 3.2 INFLATION & INTEREST RATES 11
• 3.3 UNEMPLOYMENT 12
• 3.4 HOUSEHOLD CONSUMPTION 12
• 3.5 STERLING 13
• 3.6 POPULATION PROFILE 14
• 3.7 CONCLUSIONS 15

4. THE UK INSULATION PRODUCTS MARKET 17

• 4.1 DEFINITION 17
• 4.2 MARKET SIZE 18
  • 4.2.1 Overview 18
  • 4.2.2 Current Situation 2008 19
  • 4.2.3 Future Prospect (2009-2013) 21
  • 4.2.4 International Trade 23
• 4.3 KEY MARKET INFLUENCES 25
  • 4.3.1 Carbon Emissions Reduction Target (The Energy Efficiency Commitment) 26
  • 4.3.2 The Building Regulations 27
  • 4.3.3 Home Energy Saving Programme 29
  • 4.3.4 Housebuilding & Construction Activity 30
  • 4.3.5 Insulation Product Prices 33

5. PRODUCT MIX 34

• 5.1. OVERVIEW OF INSULATION PRODUCTS 34
• 5.2 INSULATION PRODUCT DEVELOPMENT 36
• 5.3 GLASS WOOL 37
• 5.4 STONE WOOL 37
• 5.5 POLYURETHANE AND POLYISOCYANURATE FOAM 38
• 5.6 POLYSTYRENE FOAM 39
• 5.7 PHENOLIC FOAM 39
• 5.8 OTHER MATERIALS 40
• 5.9 PRE-FABRICATED/OFFSITE AND COMPOSITE PRODUCTS 41
  • 5.9.1 Metal Composite Panels 42
  • 5.9.2 Insulated Render Systems 42
  • 5.9.3 Insulated Wall Linings & Partitions 42
  • 5.9.4 Modular Building Systems 42
  • 5.9.5 Structural Insulated Panel (Sips) Building Systems 43
  • 5.9.6 Unitised Curtain Wall 43
  • 5.9.7 Light Steel Frame Housing Systems 44

6. END-USE APPLICATIONS & SEGMENTS 45

• 6.1 APPLICATIONS 45
  • 6.1.1 Roof Insulation 45
  • 6.1.2 Floor Insulation 46
  • 6.1.3 Wall Insulation 46
  • 6.1.4 HVAC & Pipework 48
• 6.2 SEGMENTS 49
  • 6.2.1 Domestic Newbuild 50
  • 6.2.2 Domestic RMI/Retrofit 53
  • 6.2.3 Non-Domestic Newbuild & RMI 54

7. SUPPLIERS 62

• 7.1 SUPPLY STRUCTURE 62
• 7.2 PROFILES OF MAJOR INSULATION MANUFACTURERS 63

8. DISTRIBUTION 69

• 8.1 OVERVIEW 69
• 8.2 DISTRIBUTOR PROFILES 71
• 8.3 INSTALLERS 73
  • 8.3.1 National Insulation Association 74
  • 8.3.2 Thermal Insulation Contractors Association 75

TABLES AND CHARTS

• CHART 1 UK BUILDING INSULATION MARKET BY VALUE 2003-2013 (£ MILLION) 7
• CHART 2 INTEREST RATES AND INFLATION (CPI) FROM 1992-2013 11
• CHART 3 PDI & SAVINGS RATIO AT CURRENT PRICES 1992-2013 13
• TABLE 4 EXCHANGE RATE FLUCTUATIONS 2005-2009 - STERLING TO THE DOLLAR, AND THE EURO, SPOT RATES 14
• CHART 5 AGE DISTRIBUTION OF THE RESIDENT UK POPULATION 2001 CENSUS (' 000) 14
• TABLE 6 UK BUILDING INSULATION MARKET 2003 TO 2013 - BY VALUE (£ MSP) 18
• TABLE 7 INTERNATIONAL TRADE IN MINERAL INSULATION MATERIALS 2004 TO 2008 - BY VALUE £ MILLION 24
• TABLE 8 IMPORTS OF MINERAL INSULATION MATERIALS FOR 2004 AND 2008 - BY VALUE (£M)AND % SHARE 25
• CHART 9 ANNUAL INSTALLATION RATES FOR CAVITY WALL AND LOFT INSULATION (IN ' 000) 27
• TABLE 10 BUILDING REGULATION AMENDMENTS IMPACTING ON THE BUILDING INSULATION MARKET 28
• CHART 11 HOUSEBUILDING MARKET IN ENGLAND - MIX BY NUMBER OF BEDROOMS 1999-2008 BY PERCENTAGE BY VOLUME 31
• CHART 12 UK CONSTRUCTION OUTPUT BY SECTOR, ANNUAL TOTALS, INDEX 2002 = 100 32
• CHART 13 MIX OF INSULATION BY MATERIAL 2008 - % BY VALUE 35
• TABLE 14 MAIN PREFABRICATED BUILDING PRODUCTS INCORPORATING INSULATION 41
• TABLE 15 ILLUSTRATIVE MIX SHOWING THE NUMBER OF LOFT INSTALLATIONS TO BE FILLED DURING CERT (2008/11) 46
• TABLE 16 PERCENTAGE OF FILLABLE CAVITIES TO BE FILLED DURING CERT 47
• CHART 17 UK MARKET FOR INSULATION BY VOLUME BY APPLICATION 2008 50
• CHART 18 UK DOMESTIC NEWBUILD MARKET FOR INSULATION BY AREA INSTALLED BY END-USE APPLICATION 2008 51
• CHART 19 HOUSEBUILDING COMPLETIONS - % BY TYPE OF DWELLING, 1999 TO 2008 51
• CHART 20 UK RETROFIT MARKET BY APPLICATION BY AREA INSTALLED 2008 53
• TABLE 21 NON-DOMESTIC NEW WORK CONSTRUCTION OUTPUT SECTOR ANALYSIS 2005 TO 2012 - BY VALUE (£ BILLION AT CURRENT PRICES) 54
• TABLE 22 PROJECT SLAM YEARS 6 - 10 (2008 - 2013) NUMBER OF BED SPACES TO BE BUILT 56
• CHART 23 ESTIMATED NUMBER OF NEW STUDENT BED SPACES BUILT PER YEAR - 2000-2010 57
• TABLE 24 UK NHS CAPITAL SPENDING - 2005-2011 (£M) 58
• CHART 25 UK EDUCATION CAPITAL EXPENDITURE 2006-2011 (£ BILLION) 59
• TABLE 26 HOTEL DEVELOPMENT PIPELINE - TOTAL ESTIMATED NEW BUILD HOTELS BY 2011 60
• TABLE 27 UK MARKET SHARES BY VALUE 2008 62
• CHART 28 MAJOR DISTRIBUTION CHANNELS FOR THE INSULATION MARKET 70
• CHART 29 INSULATION DISTRIBUTION - % SHARES BY VALUE 2008