Abstract
US demand to grow nearly 6% annually through 2012
US demand for insulation materials is projected to exceed $11 billion in 2012
on yearly growth of almost six percent. Advances will be supported by a
rebound in the residential market, especially in new housing construction. New
applications of insulation will benefit as housing starts recover from their
depressed level in 2007, while retrofit uses of insulation will be powered by
homeowners seeking to conserve energy and reduce heating and cooling costs.
Although unit price increases for insulation materials are expected to
moderate from their 2002-2007 pace, the growth in unit demand will more than
offset the slower price gains.
While not as ebullient as the residential market, nonresidential building
construction will offer opportunities for insulation products, with greater
insulation use per structure and upgrades of insulation for existing buildings
supporting demand. Modest increases in new building construction expenditures
over the forecast period will boost insulation demand in new applications.
Study coverage
It presents historical demand data (1997, 2002, 2007) plus forecasts (2012,
2017) by material, product, market, and region of the US. The study also
considers market environment factors, evaluates market share data and profiles
35 industry participants.
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