Insulation

As Quoted In Plastics News

News Update: NCI Building Systems Expects Growth in Insulated Panels

NCI Building Systems, a large US manufacturer of metal building products, is bullish on the prospects for metal insulated panels going forward. Metal insulated panels provide a high R-value (which represents its thermal insulation property), are durable, and can contribute to LEED certification programs. In addition to these properties, NCI Building Systems believes the reason behind the increased sales of their line of metal insulated panels is their energy efficiency. Going forward, especially strong growth is expected in the nonresidential market, as businesses strive to reduce their energy costs and to comply with energy efficiency regulations.

Key Findings in the Insulation Study

Rising construction activity and a focus on energy efficiency will drive insulation demand

US demand for insulation is forecast to rise 6.6 percent annually through 2019 to $10.3 billion. Resurgent building construction activity will boost insulation demand, aided by the increased adoption of more stringent building codes such as the 2012 International Energy Conservation Code (IECC), which will encourage more insulation use per structure. Efforts to make existing buildings more energy efficient will support improvement and repair demand for insulation.

Residential market to grow at the fastest pace

The residential market will post the most rapid gains through 2019 because of double-digit annual growth in housing starts. While the bulk of the growth in insulation demand will be due to the increased number of new dwellings, additional gains will arise from the installation of more insulation per new structure as more areas of the US begin to comply with the 2012 IECC. Residential insulation demand will also be supported by efforts to upgrade insulation in existing houses, as homeowners seek to reduce utility bills by retrofitting the insulation in their attics and walls in order to increase energy efficiency.

Fiberglass to remain the largest insulation product type

Fiberglass will remain the insulation market leader by weight, with demand reaching 4.5 billion pounds in 2019, valued at $4.9 billion. Double-digit annual growth in new housing starts and overall building construction expenditures will drive gains. Fiberglass insulation remains a popular choice with construction professionals and DIYers because of its low cost, favorable insulative properties, and ease of installation.

Foamed plastic insulation to make inroads in the residential market

Demand for foamed plastic insulation is forecast to grow to 2.4 billion pounds in 2019, valued at $4.7 billion. Foamed plastics have historically been used more extensively in the nonresidential market, as their high R-value makes them desirable to many builders and designers. However, code changes that call for houses to be better sealed to prevent air leaks -- a major focus of the 2012 IECC -- will also boost demand for foamed plastic insulation in the residential market despite its higher cost, as foamed plastic is well suited for sealing between walls and in hard-to-reach-areas, such as crawl spaces.

Study coverage

This Freedonia industry study analyzes the $7.5 billion US insulation industry. It presents historical demand data (2004, 2009 and 2014) and forecasts (2019 and 2024) by product (fiberglass, foamed plastics, cellulose, mineral wood, reflective insulation and radiant barriers), market (residential building, nonresidential building, industrial and HVAC equipment), and region (Northeast, Midwest, South, West). The study also considers market environment factors, details industry structure, evaluates company market share, and profiles 36 industry competitors, including CertainTeed, Dow Chemical, Johns Manville, Knauf Insulation, and Owens Corning.

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Purchase Insulation by the Section

  1. Insulation

    $5,400.00

    1. 1 EXECUTIVE SUMMARY

      $207.00

      1. Figure 1-1 | Key Trends in the US Insulation Market, 2016 - 2021

    2. 2 OVERVIEW

      $1,157.00

      1. 2.1 Key Findings

        $82.00

        1. Figure 2-1 | US Insulation Market Overview

      2. 2.2 Market Forecasts

        $124.00

        1. Table | Insulation Demand, 2006 - 2021

        2. Figure 2-2 | Insulation Demand Versus Building Construction Expenditures, 2006 - 2021

      3. 2.3 Historical Market Trends

        $197.00

        1. Table | US Insulation Market, 2006 - 2016

        2. Figure 2-3 | US Insulation Market, 2006 - 2016

      4. 2.4 Pricing

        $125.00

        1. Table | Average Insulation Prices by Material, 2006 - 2021

      5. 2.5 Foreign Trade

        $235.00

        1. Table | Insulation Foreign Trade, 2006 - 2021

      6. 2.6 Environmental & Regulatory Issues

        $416.00

        1. 2.6.1 Building Codes & Other Regulations

          $230.00

          1. Table | US Insulation Market: Environmental & Regulatory Issues

        2. 2.6.2 R-Values & Energy Efficiency

          $183.00

          1. Table | Insulation R-Values by Material

    3. 3 MATERIALS

      $3,678.00

      1. 3.1 Key Findings

        $82.00

        1. Figure 3-1 | Insulation Materials: Key Trends, 2016 - 2021

      2. 3.2 Insulation Demand by Material Outlook

        $242.00

        1. 3.2.1 Market Volume

          $148.00

          1. Table | Insulation Volume Demand by Material, 2006 - 2021

          2. Figure 3-2 | Insulation Volume Demand by Material, 2016

        2. 3.2.2 Market Value

          $91.00

          1. Table | Insulation Value Demand by Material, 2006 - 2021

          2. Figure 3-3 | Insulation Value Demand by Material, 2016

      3. 3.3 Fiberglass

        $647.00

        1. 3.3.1 Demand Outlook

          $129.00

          1. Table | Fiberglass Insulation Demand by Market, 2006 - 2021

          2. Figure 3-4 | Fiberglass Insulation Market Share, 2006 - 2021

        2. 3.3.2 Outlook for Key Fiberglass Product Forms

          $171.00

          1. Table | Fiberglass Demand by Product Form, 2006 - 2021

          2. Figure 3-5 | Fiberglass Demand by Product Form, 2011 - 2021

        3. 3.3.3 Suppliers & Market Share

          $346.00

          1. Figure 3-6 | US Fiberglass Insulation Market Share by Company, 2016

          2. Figure 3-7 | Leading US Fiberglass Insulation Supplier, 2016

          3. Figure 3-8 | Second Leading US Fiberglass Insulation Supplier, 2016

          4. Figure 3-9 | Third Leading US Fiberglass Insulation Supplier, 2016

          5. Figure 3-10 | Fourth Leading US Fiberglass Insulation Supplier, 2016

      4. 3.4 Foamed Plastics

        $1,311.00

        1. 3.4.1 Demand Outlook

          $121.00

          1. Table | Foamed Plastic Insulation Demand by Market, 2006 - 2021

          2. Figure 3-11 | Foamed Plastic Insulation Market Share, 2006 - 2021

        2. 3.4.2 Outlook for Key Foamed Plastic Resin Types

          $638.00

          1. Table | Foamed Plastic Insulation Demand by Resin, 2006 - 2021

          2. Figure 3-12 | Foamed Plastic Insulation Demand by Resin, 2016

          3. Table | Rigid Urethane Foam Insulation Demand by Market & Product, 2006 - 2021

          4. Table | Polystyrene Foam Insulation Demand by Market and Product, 2006 - 2021

          5. Table | Other Foamed Plastic Insulation Demand by Market, 2006 - 2021

        3. 3.4.3 Suppliers & Market Share

          $551.00

          1. Figure 3-13 | US Foamed Plastic Insulation Market Share by Company, 2016

          2. Figure 3-14 | Leading US Foamed Plastic Insulation Supplier, 2016

          3. Figure 3-15 | Second Leading US Foamed Plastic Insulation Supplier, 2016

          4. Figure 3-16 | Third Leading US Foamed Plastic Insulation Supplier, 2016

          5. Figure 3-17 | Fourth Leading US Foamed Plastic Insulation Supplier, 2016

          6. Figure 3-18 | Fifth Leading US Foamed Plastic Insulation Supplier, 2016

          7. Table | Other Leading Foamed Plastic Insulation Suppliers, 2016

      5. 3.5 Cellulose

        $343.00

        1. 3.5.1 Demand Outlook

          $168.00

          1. Table | Cellulose Insulation Demand by Market, 2006 - 2021

          2. Figure 3-19 | Cellulose Insulation Market Share, 2006 - 2021

        2. 3.5.2 Outlook for Key Cellulose Product Forms

          $113.00

          1. Table | Cellulose Insulation Demand by Product Form, 2006 - 2021

          2. Figure 3-20 | Cellulose Insulation Demand by Product Form, 2006 - 2021

        3. 3.5.3 Suppliers & Market Share

          $82.00

          1. Figure 3-21 | US Cellulose Insulation Market Share by Company, 2016

      6. 3.6 Mineral Wool

        $405.00

        1. 3.6.1 Demand Outlook

          $157.00

          1. Table | Mineral Wool Insulation Demand by Market, 2006 - 2021

          2. Figure 3-22 | Mineral Wool Insulation Market Share, 2006 - 2021

        2. 3.6.2 Outlook for Key Mineral Wool Product Forms & Materials

          $185.00

          1. Table | Mineral Wool Insulation Demand by Product Form & Material, 2006 - 2021

        3. 3.6.3 Suppliers & Market Share

          $82.00

          1. Figure 3-23 | US Mineral Wool Market Share by Company, 2016

      7. 3.7 Reflective Insulation & Radiant Barriers

        $269.00

        1. 3.7.1 Demand Outlook

          $195.00

          1. Table | Reflective Insulation & Radiant Barrier Demand by Type & Market, 2006 - 2021

        2. 3.7.2 Suppliers & Market Share

          $82.00

          1. Figure 3-24 | US Reflective Insulation & Radiant Barrier Market Share by Company, 2016

      8. 3.8 Other Insulation Materials

        $402.00

        1. 3.8.1 Demand Outlook

          $142.00

          1. Table | Other Insulation Demand by Market, 2006 - 2021

          2. Figure 3-25 | Other Insulation Market Share, 2006 - 2021

        2. 3.8.2 Outlook for Key Other Insulation Types

          $164.00

          1. Table | Other Insulation Demand by Material, 2006 - 2021

          2. Figure 3-26 | Other Insulation Demand by Material, 2016

        3. 3.8.3 Outlook for Other Key Product Forms

          $95.00

          1. Table | Other Insulation Demand by Product Form, 2006 - 2021

    4. 4 MARKETS

      $3,182.00

      1. 4.1 Key Findings

        $82.00

        1. Figure 4-1 | US Insulation Market, 2006 - 2021

      2. 4.2 Insulation Markets Forecasts

        $268.00

        1. 4.2.1 Market Volume

          $139.00

          1. Table | Insulation Volume Demand by Market, 2006 - 2021

          2. Figure 4-2 | Insulation Volume Demand by Market, 2016

        2. 4.2.2 Market Value

          $127.00

          1. Table | Insulation Value Demand by Market, 2006 - 2021

          2. Figure 4-3 | Insulation Value Demand by Market, 2016

      3. 4.3 Residential Buildings

        $1,085.00

        1. 4.3.1 Demand Forecasts & Key Trends by Material

          $346.00

          1. Table | Residential Building Insulation Volume Demand by Material

          2. Figure 4-4 | Residential Insulation Volume Demand Versus New Floor Space, 2006 - 2021

          3. Table | Residential Building Insulation Demand by Material, 2006 - 2021

          4. Figure 4-5 | Residential Building Insulation Demand Versus Residential Building Construction, 2006 - 2021

        2. 4.3.2 Market Outlook for Key Residential Building Project Types

          $645.00

          1. Table | Residential Building Insulation Demand by Project Type, 2006 - 2021

          2. Table | New Housing Insulation Demand by Material, 2006 - 2021

          3. Figure 4-6 | New Housing Insulation Demand Versus Conventional Housing Starts, 2006 - 2021

          4. Table | Residential Improvement & Replacement Insulation Demand by Material, 2006 - 2021

          5. Table | Residential Attic Reinsulation Demand by Material, 2006 - 2021

        3. 4.3.3 Material Cost Comparison

          $92.00

          1. Figure 4-7 | Residential Insulation Material Cost Comparison, 2016

      4. 4.4 Commercial Buildings

        $824.00

        1. 4.4.1 Demand Forecasts & Key Material Trends

          $311.00

          1. Table | Commercial Building Insulation Volume Demand, 2006 - 2021

          2. Table | Commercial Building Insulation Demand by Material, 2006 - 2021

          3. Figure 4-8 | Commercial Insulation Demand Versus Nonresidential Building Construction Expenditures, 2006 -2021

        2. 4.4.2 Market Outlook for Key Building & Project Types

          $298.00

          1. Table | Commercial Insulation Demand by Building Type, 2006 - 2021

          2. Table | Commercial Building Insulation Demand by Project Type, 2006 - 2021

          3. Figure 4-9 | Commercial Building Insulation Demand by Project Type, 2006 - 2021

        3. 4.4.3 Material Cost Comparison

          $214.00

          1. Figure 4-10 | Commercial Building Insulation Material Cost Comparison, 2016

      5. 4.5 Industrial & HVAC Equipment

        $534.00

        1. 4.5.1 Demand Forecasts by Material

          $232.00

          1. Table | Industrial & HVAC Equipment Insulation Demand by Material, 2006 - 2021

        2. 4.5.2 Demand Forecasts by Application

          $167.00

          1. Table | Industrial & HVAC Equipment Insulation Demand by Application, 2006 - 2021

          2. Figure 4-11 | Industrial & HVAC Equipment Insulation Demand by Application, 2016

        3. 4.5.3 Material Cost Comparison

          $133.00

          1. Figure 4-12 | Industrial & HVAC Equipment Insulation Material Cost Comparison, 2016

      6. 4.6 Other Insulation Markets

        $408.00

        1. 4.6.1 Demand Forecasts by Material

          $225.00

          1. Table | Other Insulation Markets Demand by Material, 2006 - 2021

        2. 4.6.2 Demand Forecasts by Application

          $181.00

          1. Table | Other Insulation Markets Demand by Application, 2006 - 2021

    5. 5 REGIONS

      $1,647.00

      1. 5.1 Key Findings

        $82.00

        1. Figure 5-1 | Regional Insulation Demand Trends, 2006 - 2021

      2. 5.2 Regional Insulation Demand

        $237.00

        1. Table | Insulation Demand by Region, 2006 - 2021

      3. 5.3 Northeast

        $285.00

        1. 5.3.1 Northeast: Regional Overview

          $161.00

          1. Table | Northeast Insulation Demand by Subregion & Market, 2006 - 2021

          2. Figure 5-2 | Northeast Insulation Demand Versus Northeast Construction Expenditures, 2006 - 2021

        2. 5.3.2 New England

          $82.00

        3. 5.3.3 Middle Atlantic

          $82.00

      4. 5.4 Midwest

        $296.00

        1. 5.4.1 Midwest: Regional Overview

          $130.00

          1. Table | Midwest Insulation Demand by Subregion & Market, 2006 - 2021

          2. Figure 5-3 | Midwest Insulation Demand Versus Midwest Construction, 2006 - 2021

        2. 5.4.2 East North Central

          $95.00

        3. 5.4.3 West North Central

          $82.00

      5. 5.5 South

        $478.00

        1. 5.5.1 South: Regional Overview

          $181.00

          1. Table | South Insulation Demand by Subregion & Market, 2006 - 2021

          2. Figure 5-4 | South Insulation Demand Versus South Construction, 2006 - 2021

        2. 5.5.2 South Atlantic

          $103.00

        3. 5.5.3 East South Central

          $82.00

        4. 5.5.4 West South Central

          $123.00

      6. 5.6 West

        $293.00

        1. 5.6.1 West: Regional Overview

          $173.00

          1. Table | West Insulation Demand by Subregion & Market, 2006 - 2021

          2. Figure 5-5 | West Insulation Demand Versus West Construction, 2006 - 2021

        2. 5.6.2 Mountain

          $82.00

        3. 5.6.3 Pacific

          $82.00

    6. 6 INDUSTRY STRUCTURE

      $2,920.00

      1. 6.1 Key Findings & Industry Composition

        $179.00

        1. Table | US Insulation Product Sales for Selected Companies, 2016

      2. 6.2 Market Share

        $749.00

        1. Figure 6-1| US Insulation Market Share by Company, 2016

        2. Figure 6-2 | Leading US Insulation Supplier, 2016

        3. Figure 6-3 | Second Leading US Insulation Supplier, 2016

        4. Figure 6-4 | Third Leading US Insulation Supplier, 2016

        5. Figure 6-5 | Fourth Leading US Insulation Supplier, 2016

        6. Figure 6-6 | Fifth Leading US Insulation Supplier, 2016

      3. 6.3 New Product Development

        $142.00

      4. 6.4 Competitive Strategies

        $188.00

        1. 6.4.1 Product Differentiation

          $106.00

        2. 6.4.2 Intermaterial Competition

          $82.00

      5. 6.5 Marketing

        $129.00

      6. 6.6 Distribution

        $223.00

      7. 6.7 Cooperative Agreements

        $176.00

        1. Table | Selected Cooperative Agreements

      8. 6.8 Acquisitions & Divestitures

        $218.00

        1. Table | Selected Acquisitions & Divestitures

      9. 6.9 List of Industry Participants

        $915.00

    7. 7 APPENDIX

      $2,906.00

      1. 7.1 Scope

        $318.00

        1. Table | Study Scope: US Geographic Regions & Subregions

        2. Table | Relevant Industry Codes

      2. 7.2 Methodology

        $82.00

      3. 7.3 Definitions

        $359.00

      4. 7.4 Related Freedonia Group Studies

        $82.00

      5. 7.5 Abbreviations

        $82.00

        1. Table | Abbreviations Used in Study

      6. 7.6 Macroeconomic Assumptions

        $2,044.00

        1. 7.6.1 Economic Environment

          $195.00

          1. Table | Macroeconomic Indicators, 2006 - 2021

          2. Figure 7-1 | Annual Growth in Real GDP, 2000 - 2016, Compared to 1980 - 2005 Average

        2. 7.6.2 Demographics

          $197.00

          1. Table | Population & Households, 2006 - 2021

          2. Figure 7-2 | Annual Population Growth, 2001 - 2016

        3. 7.6.3 Construction Expenditures

          $191.00

          1. Table | Construction Expenditures, 2006 - 2021

        4. 7.6.4 Building Construction

          $130.00

          1. Table | Building Construction Expenditures, 2006 - 2021

        5. 7.6.5 Residential Building Construction

          $136.00

          1. Table | Residential Building Construction Expenditures, 2006 - 2021

        6. 7.6.6 Residential Improvements & Repairs

          $119.00

          1. Table | Residential Improvement & Repair Expenditures, 2006 - 2021

        7. 7.6.7 Nonresidential Building Construction

          $168.00

          1. Table | Nonresidential Building Construction Expenditures, 2006 - 2021

        8. 7.6.8 Nonresidential Building Improvements & Repairs

          $94.00

          1. Table | Nonresidential Building Improvement & Repair Expenditures, 2006 - 2021

        9. 7.6.9 Nonbuilding Construction Expenditures

          $100.00

          1. Table | Nonbuilding Construction Expenditures, 2006 - 2021

        10. 7.6.10 Housing Starts

          $188.00

          1. Table | New Housing Indicators, 2006 - 2021

          2. Figure 7-3 | New Housing Square Footage by Housing Type, 2001 - 2016

        11. 7.6.11 Housing Stock

          $144.00

          1. Table | Housing Stock by Type, 2006 - 2021

          2. Figure 7-4 | Housing Stock by Year of Construction, 2016

        12. 7.6.12 Nonresidential Building Stock

          $126.00

          1. Table | Nonresidential Building Stock by Type, 2006 - 2021

        13. 7.6.13 Consumer Financing

          $246.00

          1. Table | Consumer Financing Environment, 2006 - 2016

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