NEW YORK, Nov. 27, 2013 /PRNewswire/ -- Reportlinker.com announces that a new market research report is available in its catalogue:
US Insulation Market
http://www.reportlinker.com/p0803077/US-Insulation-Market.html#utm_source=prnewswire&utm_medium=pr&utm_campaign=Specialty_Contractor
US demand to rise 7.6% annually through 2017
US demand for insulation is projected to advance 7.6 percent annually to $10.3 billion in 2017. Growth will be driven by an increase in building construction spending from a low 2012 base. Gains will also be boosted by changes in building codes and construction practices that call for structures to use energy more efficiently. Such measures as the 2012 International Energy Conservation Code (IECC) and the most recent Leadership in Energy and Environmental Design set of codes -- LEEDv4 -- will spur construction professionals to add more insulation to reduce energy consumption.
Residential market to post double-digit annual growth
The residential market is forecast to post double-digit insulation demand advances through 2017, spurred by a strong rebound in housing starts. Not only will more houses be erected, but builders will install more insulation per structure in order to comply with the 2012 IECC. Residential insulation demand will also be supported by efforts to upgrade insulation in existing houses. Some homeowners will opt to reduce utility bills by adding insulation to attics and walls and sealing gaps to prevent air leaks.
Nonresidential market to benefit from LEED rating
Demand for insulation in the nonresidential market will see solid growth through 2017, spurred by strong advances in nonresidential building construction expenditures. Further advances will come from increasing interest in green building practices, such as those put forth by the LEED rating system, that call for the use of more insulation with higher R-values.
Builders and designers will use more insulation to reduce energy consumption. Not only does this reduce utility bills, but many business owners find an environmentally friendly reputation to be important in attracting consumers.
Fiberglass to remain most common insulation material
Fiberglass insulation accounted for 47 percent of insulation demand by value in 2012. Fiberglass insulation will remain the market leader in 2017, with demand reaching $5.0 billion. Growth in building construction expenditures will stimulate demand. The material's low cost, insulative properties, fire resistance, and ease of installation make it a popular choice with both construction professionals and do-it-yourself homeowners.
Foamed plastic insulation to gain market share in residential market
Demand for foamed plastic insulation, which accounted for the second largest share of the market in 2012, is forecast to grow to $4.6 billion in 2017. Rebounding building construction spending will boost demand. These materials have traditionally been used more extensively in the nonresidential market, as many builders and designers opt for foamed plastic products because of their high R-value.
However, the residential market will offer solid growth prospects going forward, as code changes that call for houses to be better sealed to prevent air leaks will boost the use of these products in spite of their higher costs than fiberglass insulation. Foamed plastics are well suited for sealing hard-to-reach areas, such as crawl spaces and between walls.
Study coverage
Details on these and other findings are contained in the upcoming Freedonia industry study, Insulation, available for $5300. It presents historical demand data for 2002, 2007 and 2012, plus forecasts for 2017 and 2022 by insulation type (e.g., fiberglass, cellulose, mineral wool, foamed plastics, reflective insulation and radiant barriers), market and US region. The study also assesses market environment factors, reviews industry structure, evaluates company market share and profiles over 35 US industry competitors.
TABLE OF CONTENTS
INTRODUCTION xi
I. EXECUTIVE SUMMARY 1
II. MARKET ENVIRONMENT 4
General 4
Macroeconomic Environment 5
Demographic Trends 9
Consumer Trends 13
Consumer Spending 14
Consumer Financing 16
Building Construction 20
Residential Buildings 22
Housing Starts 24
Housing Stock 29
Improvements & Repairs 32
Nonresidential Buildings 34
New 34
Improvements & Repairs 37
Manufacturing Outlook 39
Pricing 42
Historical Market Trends 44
Foreign Trade 48
World Insulation Overview 50
III. OVERVIEW 53
General 53
R-Values 54
Material Variations in Thermal Resistance 55
Environmental & Regulatory Issues 57
Building Codes 58
Energy Efficiency Tax Credits 60
Green Building 62
LEED 62
Other Programs 64
Climate Change 65
Indoor Air Quality 67
Renewable Resources & Recycling 69
Health & Safety Issues 72
Foamed Plastics 72
Fiberglass 74
Vermiculite 75
Insulation Demand 76
IV. PRODUCTS 79
General 79
Fiberglass 83
Materials 84
Product Forms 86
Markets 91
Residential Buildings 92
Nonresidential Buildings 94
Industrial & HVAC Equipment 95
Other Markets 96
Foamed Plastics 97
Product Forms 97
Markets 101
Resins 103
Rigid Urethane 104
Products 106
Markets 108
Polystyrene 110
Products 111
Markets 114
Other Foamed Plastics 116
Cellulose 118
Product Forms 119
Markets 122
Mineral Wool 124
Product Forms 127
Markets 130
Reflective Insulation & Radiant Barriers 132
Product Forms 135
Markets 136
Other Insulation 138
Materials 139
Perlite 140
Vermiculite 142
All Other Materials 143
Product Forms 146
Markets 147
V. MARKETS 150
General 150
Demand by Market Value 151
Demand by R-1 Value 154
Residential Buildings 157
Materials 159
Dollars/R-Value Comparison 163
Applications 166
New Housing 170
Attic Reinsulation 173
Improvement & Replacement 176
Nonresidential Buildings 179
Materials 180
Dollars/R-Value Comparison 184
Applications 186
Institutional 188
Commercial 189
Office 190
Industrial 190
Other Nonresidential 191
Nonbuilding Construction 191
Industrial & HVAC Equipment 191
Materials 193
Dollars/R-Value Comparison 195
Applications 197
Industrial Equipment 198
HVAC Equipment 199
Other Insulation Markets 199
Materials 200
Applications 202
VI. REGIONS 204
General 204
Regional Demographic & Economic Activity 205
Population Patterns 206
Economic Outlook 209
Construction Activity 213
Housing Trends 215
Regional Insulation Demand 218
Northeast 221
New England 224
Middle Atlantic 225
Midwest 227
East North Central 231
West North Central 233
South 234
South Atlantic 236
East South Central 238
West South Central 239
West 241
Mountain 243
Pacific 245
VII. INDUSTRY STRUCTURE 247
General 247
Industry Composition 248
Market Share 252
Manufacturing & Product Development 258
Competitive Strategies 261
Marketing & Distribution 265
Acquisitions & Divestitures 268
Cooperative Agreements 270
Company Profiles 274
Advanced Fiber Technology 275
Armacell International Holding GmbH 276
Atlas Roofing, see Hood Companies
BASF SE 278
Bayer AG 282
Berkshire Hathaway Incorporated 284
Bridgestone Corporation 289
Carlisle Companies Incorporated 291
Carpenter Company 295
CertainTeed, see Saint-Gobain
Covertech Fabricating Incorporated 296
Dow Chemical Company 298
Dryvit Systems, RPM International
Dyplast Products LLC 303
Evonik Industries AG 304
Fi-Foil Company Incorporated 306
Firestone Building Products, see Bridgestone
Grace (WR) & Company 307
Guardian Industries Corporation 308
Homasote Company 310
Hood Companies 311
Hunter Panels, see Carlisle Companies
Industrial Insulation Group, see Berkshire Hathaway
Innovative Energy Incorporated 314
Innovative Insulation Incorporated 316
Insulation Solutions Incorporated 317
Insulfoam, see Carlisle Companies
Johns Manville, see Berkshire Hathaway
Knauf Gips KG 319
Louisiana-Pacific Corporation 321
Materis 323
NanoPore Insulation, see Sealed Air
Owens Corning 325
Pactiv Building Products, see Reynolds Group
Parex USA, see Materis
PFB Corporation 329
Pittsburgh Corning, see PPG Industries
Polyair Inter Pack Incorporated 331
PPG Industries Incorporated 332
Pregis Corporation 334
Reflectix, see Sealed Air
Reynolds Group Holdings Limited 335
Rmax Incorporated 336
ROCKWOOL International A/S 338
ROXUL, see ROCKWOOL International
RPM International Incorporated 342
Saint-Gobain 344
Sealed Air Corporation 347
Sonoco Products Company 348
Specialty Vermiculite Corporation 350
Sto AG 351
Thermafiber, see Owens Corning
ThermoSafe Brands, see Sonoco Products
US GreenFiber, see Louisiana-Pacific
Other Companies Mentioned in Study 353
LIST OF TABLES
SECTION I -- EXECUTIVE SUMMARY
Summary Table 3
SECTION II -- MARKET ENVIRONMENT
1 Macroeconomic Indicators 9
2 Population & Households 13
3 Personal Consumption Expenditures 16
4 Consumer Financing Environment, 2002-2012 19
5 Building Construction Expenditures 21
6 Residential Building Construction Expenditures 24
7 New Housing Indicators 28
8 Housing Stock by Type 31
9 Residential Improvement & Repair Expenditures 34
10 Nonresidential Building Construction Expenditures 37
11 Nonresidential Building Improvement & Repair Expenditures 38
12 Manufacturers' Shipments 42
13 Average Insulation Prices 44
14 Insulation Market, 2002-2012 47
15 Insulation Foreign Trade 50
SECTION III -- OVERVIEW
1 Insulation R-Values by Material 57
2 Insulation Demand by Value 78
SECTION IV -- PRODUCTS
1 Insulation Demand 82
2 Fiberglass Insulation Demand by Product Form 91
3 Fiberglass Insulation Demand by Market 92
4 Foamed Plastic Insulation Demand by Market 103
5 Foamed Plastic Insulation Demand by Resin 104
6 Rigid Urethane Foam Insulation Demand by Product 108
7 Rigid Urethane Foam Insulation Demand by Market 110
8 Polystyrene Foam Insulation Demand by Product 114
9 Polystyrene Foam Insulation Demand by Market 116
10 Other Foamed Plastic Insulation Demand by Market 117
11 Cellulose Insulation Demand by Product Form 122
12 Cellulose Insulation Demand by Market 124
13 Mineral Wool Insulation Demand by Material 127
14 Mineral Wool Insulation Demand by Product Form 129
15 Mineral Wool Insulation Demand by Market 131
16 Reflective Insulation & Radiant Barrier Demand by Type 135
17 Reflective Insulation & Radiant Barrier Demand by Market 138
18 Other Insulation Demand by Material 140
19 Other Insulation Materials Demand by Product Form 147
20 Other Insulation Materials Demand by Market 149
SECTION V -- MARKETS
1 Insulation Demand by Market Value 153
2 Insulation Demand by R-1 Value 156
3 Residential Buildings Market for Insulation by Material 163
4 Residential Buildings Market for Insulation by Application 170
5 New Housing Applications for Insulation 173
6 Residential Attic Reinsulation Applications for Insulation 176
7 Residential Improvement & Repair Applications for Insulation 179
8 Nonresidential Buildings Market for Insulation by Material 183
9 Nonresidential Buildings Market
for Insulation by Application & Type 188
10 Industrial & HVAC Equipment Markets
for Insulation by Material 195
11 Industrial & HVAC Insulation Markets by Application 198
12 Other Insulation Markets by Material 201
13 Other Insulation Markets by Application 203
SECTION VI -- REGIONS
1 Population by Region 209
2 Gross Domestic Product by Region 212
3 Construction Expenditures by Region 215
4 Regional Housing Indicators 218
5 Insulation Demand by Region 220
6 Northeast Insulation Demand by Subregion & Market 224
7 Midwest Insulation Demand by Subregion & Market 231
8 South Insulation Demand by Subregion & Market 236
9 West Insulation Demand by Subregion & Market 243
SECTION VII -- INDUSTRY STRUCTURE
1 Insulation Revenues for Selected Manufacturers, 2012 251
2 Selected Acquisitions & Divestitures 270
3 Selected Cooperative Agreements 272
LIST OF CHARTS
SECTION II -- MARKET ENVIRONMENT
1 Year of Construction of Housing Stock, 2012 32
2 Insulation Market, 2003-2012 48
SECTION IV -- PRODUCTS
1 Insulation Demand by Material, 2012 83
SECTION V -- MARKETS
1 Insulation Markets by Market Value, 2012 153
2 Insulation Demand by R-1 Value, 2012 157
3 Cost/R-Value Comparison
of Residential Insulation Materials, 2012 166
4 Cost/R-Value Comparison
of Nonresidential Insulation Materials, 2012 186
5 Cost/R-Value Comparison
of Industrial & HVAC Insulation Materials, 2012 197
SECTION VI -- REGIONS
1 Insulation Demand by Region, 2012 220
SECTION VII -- INDUSTRY STRUCTURE
1 Insulation Market Share, 2012 254
To order this report: US Insulation Market
http://www.reportlinker.com/p0803077/US-Insulation-Market.html#utm_source=prnewswire&utm_medium=pr&utm_campaign=Specialty_Contractor
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