Demand for mineral wool insulation in the commercial market is forecast to grow 3.4% annually to 366 million pounds in 2022, valued at $135 million. Mineral wool is projected to be the fastest growing insulation material type in volume and area, supported by increasingly stringent fire safety codes.
Mineral Wool Insulation Demand in Commercial Markets to Grow 3.4% Annually
June 27 2018
The freedonia Group
Latest News
Demand for Behind the Wall Pipe Forecast to Grow 5% Annually
August 10 2018Demand for pipe in behind the wall (BTW) plumbing is expected to grow 5.0% annually to $6.5 billion in 2022. Plastic pipe – which overtook metal pipe’s share of value demand in 2017 – will see the more rapid advances going forward, totaling $3.6 billion in 2022.
Smart and Connected Thermostat Sales to Grow 23% Annually Through 2022
August 9 2018US demand for smart and connected thermostats is forecast to increase 23% per year through 2022 to 14.5 million units – largely tracking value demand trends but at a significantly faster pace due to falling prices – with smart thermostats siphoning market share away from connected types.
Precast Concrete Infrastructure Construction Product Demand to Increase 4.4% Annually Through 2022
August 2 2018Through 2022, demand for precast concrete infrastructure construction products is expected to increase 4.4% annually to $2.4 billion. Growth will be fueled by: • the need to repair the nation’s aging network of bridges, highways, roads and railroad tracks • increased adoption of precast concrete over less expensive site-poured concrete as more government officials recognize that the long-term cost savings provided by its durability outweigh short term considerations • efforts by the federal government to increase spending on new infrastructure, particularly if the US Congress passes a significant new funding bill
Industrial and Institutional Hand Cleanser Sales to Grow 3.4% Annually
August 2 2018Demand for I&I hand cleansers is forecast to rise 3.4% annually through 2022 to $926 million, with gains boosted by: • growing utilization of healthcare by an aging US population • increasing concerns regarding infectious disease – in particular in healthcare and other institutional settings • greater awareness of hand washing as effective disease prevention Nonetheless, faster growth in demand for hand cleansers will be restrained by a high degree of market penetration of hand cleansers and concerns surrounding the growing prevalence of antibacterial resistance, in particular among HAIs.
Natural and Organic Products Gaining Popularity in Lawn and Garden Consumables
July 26 2018Natural and organic lawn and garden consumables are growing in popularity but are expected to remain a niche with less than 10% of overall sales through 2022. Organic pesticides are both the largest and fastest growing organic product type, as consumers increasingly view the chemicals used in traditional pesticides as unsafe.