by Corinne Gangloff
November 12, 2020
Surging appliance sales amid the Covid-19 pandemic is providing opportunities for insulation suppliers as demand levels remain restricted in several building and manufacturing markets due to efforts to control the spread of the virus, such as economic shutdowns:
A new Freedonia Group analysis projects global demand for insulation to rise 3.9% per year to $50.9 billion in 2024. Gains will be driven by:
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A new series of studies analyzing the global insulation market – Global Insulation, Global Fiberglass Insulation, and Global Residential Insulation – is now available from The Freedonia Group. These studies provide segmented historical data (2009, 2014, and 2019) and forecasts for 2024 and 2029 for insulation demand on a country-by-country basis.
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