The report
“Insulation to 2017” by Freedonia Group is now available at RnRMarketResearch.com.
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and your contact details to purchase this report or get your questions
answered.
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.
Complete report available @
http://www.rnrmarketresearch.com/insulation-to-2017-market-report.html
.
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.
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sample copy @ http://www.rnrmarketresearch.com/contacts/discount?rname=131795 .
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.
Company
Profiles
Profiles over 35 US industry players such as Carlisle, Dow Chemical,
Johns Manville, Knauf Gips, Owens Corning, ROCKWOOL and Saint-Gobain
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