Freedonia In The News
Article Title: Home improvement projects drive sales of spray foam insulation
By: Catherine Kavanaugh
Publication: Plastics News, 5/31/2016
Freedonia Study: Insulation (3332)
Quote from article
SPF competes mostly against fiberglass and cellulose for residential uses, and against foam boards on the commercial side in the U.S. insulation market, which is projected to grow 6.6 percent a year through 2019 to $10.3 billion, according to Freedonia Group Inc., a Cleveland-based industry market research firm.
“Fiberglass and foamed plastic are by far the most prevalent types of insulation, together accounting for 93 percent of the market by value,” Freedonia analyst Nick Cunningham said in a news release.
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