Insulation in the US by Material, Market and Region, 12th Edition

Increasingly Stringent Building Codes and Efforts to Improve Energy Efficiency Fueling Demand for Insulation

Insulation in the US

Through 2021, US demand for insulation is forecast to enjoy health gains. Many states are adopting the more recent International Energy Conservation Code (IECC) mandates, which call for nearly 30% more insulation in new housing construction than previous versions. Additionally, rising interest in improving energy efficiency in new and existing structures by adding more insulation, as well green building practices, will support growth in the US insulation market through 2021.

Key Findings in the Insulation study:

Fiberglass & Foamed Plastic Insulation to Remain the Dominant Material Types

Fiberglass will remain the market leader as construction professionals and DIYers continue to favor the material for its low cost, good insulative properties, and ease of installation. Demand for foamed plastics will rise primarily on gains in the commercial building market, where use of these materials predominate due to high R-values.

Sales of foamed plastic insulation are also expected to rise in the residential market, due in part to more stringent building codes calling for improved insulation in homes – a major focus of the International Energy Conservation Code (IECC). Despite its higher cost, homeowners will increasingly specify foamed plastic insulation for its ability to seal between walls and in hard-to-reach areas such as crawl spaces.

Residential Markets Expected to Post Solid Gains

The residential market will post the most rapid gains through 2021. While the bulk of insulation demand will be due to the increased number of new dwellings, additional gains will arise from the installation of a greater amount of insulation per new structure as more areas of the US begin to comply with recent IECC mandates. 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.

Market Continues to be Dominated by Large, Diversified Building Product Manufacturers

More than 100 companies compete in the US insulation materials industry. The four largest suppliers of insulation to the US market – CertainTeed (Saint-Gobain), Johns Manville (Berkshire Hathaway), Knauf Insulation (Knauf Gips), and Owens Corning – accounted for a significant portion of total market sales in 2016.

Study Coverage

This study presents historical demand data (2006, 2011, and 2016) and forecasts for 2021 by material (fiberglass, foamed plastic, mineral wool, cellulose, reflective insulation and radiant barriers, and other materials) and market (residential buildings, commercial buildings, industrial and HVAC equipment, and other markets). The study also evaluates company market share and analyzes industry competitors including Owens Corning, Knauf Insulation, CertainTeed, DowDuPont, Johns Manville, US Greenfiber, Atlas Roofing, BASF, Covestro AG, ROCKWOOL, Sealed Air, Firestone Building Products, and Carlisle.

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Purchase Insulation in the US by Material, Market and Region, 12th Edition by the Section

  1. Insulation in the US by Material, Market and Region, 12th Edition

    $5,600.00

    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

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          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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