U.S. Thermal Insulation Market Warming Up to Almost $10 Billion by 2010

Dec 21, 2006, 00:00 ET from SBI

    NEW YORK, Dec. 21 /PRNewswire/ -- Continued growth in the construction
 and home improvement industries coupled with increased energy costs is
 steadily driving the thermal insulation market well beyond its $7.2 billion
 value in 2005. Increased demand helped the 2005 thermal insulation supply
 grow by 7% over 2004, a rate that will drop to just below 5% CAGR through
 2010 when the value of shipments for insulation will reach an estimated
 $9.5 billion, according to Thermal Insulation Market in the U.S., the
 latest market research from SBI.
     Industry growth was driven primarily by increased mineral wool shipment
 values, which accounted for 76% of the value of 2005 thermal insulation
 shipments. SBI projects that the mineral wool market supply will continue
 to excel, driven by demand for fiberglass insulation, an inexpensive,
 easy-to- install option with a stable R-value. Additionally, the report
 finds that growth in the plastic foam sector will continue to be driven by
 the polyurethane foam insulation material segment, which is widely used in
 the growing cold storage construction industry.
     Manufacturers, ever mindful of growing national concerns about energy
 over-consumption and high energy prices, have stepped up production of
 environmentally friendly and recycled products while introducing some high-
 tech innovative and cost-effective products that could revolutionize both
 the professional and do-it-yourself insulation markets.
     "Mold-free insulation for roofs, nanotechnology-based thermal
 insulation coatings that inhibit mold without poisonous moldicides, and
 thermal concrete insulation are just a few of the innovations that are
 creating excitement in this flourishing industry," notes Tatjana Meerman,
 Managing Editor of SBI. "Spurred by tax credits and incentives for both
 users and manufacturers, the industry's forward thinking and promotional
 efforts are clearly paying off and should bode well for future growth
     Containing comprehensive data on U.S. shipments, imports and exports,
 end- use markets, purchaser demographics, and the competitive environment,
 Thermal Insulation Market in the U.S. identifies key issues, regulations,
 and trends affecting the marketplace, and profiles major marketers along
 with manufacturer and retailer strategies. Priced at $1,995, this report is
 available from SBI by clicking: https://www.sbireports.com/Thermal-
 Insulation-1209600. It is also available at MarketResearch.com.
     About Specialists in Business Information
     SBI, a division of MarketResearch.com, publishes research reports in
 the industrial, construction, materials, and consumer goods markets. For
 more information visit http://www.sbireports.com, or contact Tom Ehart at
 240-747- 3014, or tehart@marketresearch.com.
     Tom Ehart