Insulation
Demand for insulation in the US is forecast to increase 4.6% per year through 2025 to $12.2 billion Post-pandemic rebounds in commercial building construction and manufacturing activity will fuel market advances.
This report covers US insulation product demand by market and material. Data are given in dollar value and volume (metric tons and square meters of R-1 value).
Insulation markets covered in the study include:
- Residential buildings (broken out by building type)
Nonresidential buildings (broken out by building type)
Industrial and plant equipment
HVAC/air distribution
Appliances
Transportation equipment
Other insulation markets
- Foamed plastic (broken out by material)
Fiberglass (broken out by product form)
Mineral wool (broken out by product form)
Cellulose (broken out by product type)
Reflective insulation & reflective barriers
Other insulation materials
- Northeast: New England, Middle Atlantic
- Midwest: East North Central, West North Central
- South: South Atlantic, East South Central, West South Central
- West: Mountain, Pacific
This report covers the scope, size, and growth of the US insulation industry including key trends in market and material segmentation. Historical data are provided for 2010, 2015, and 2020 with forecasts for 2025 and 2030, with year by year historical market volatility also addressed. Data are provided in both volume and dollar value. Also included is an analysis of the industry key players and their market shares.
- Executive Summary
- Table Figure 1-1 | US Insulation Market Overview
- COVID-19 Pandemic
- Overview
- Impact on the Economy
- Table Macroeconomic Indicators, 2019 – 2023
- Table Figure 2-1 | Real GDP by Economic Sector, 2020 – 2023
- Impact on the Construction Industry
- Table Construction Expenditures, 2019 – 2023
- Impact on the Insulation Industry
- Table Annual Insulation Demand by Market, 2019 – 2022
- Table Annual Insulation Demand by Market, 2019 – 2022
- Table Figure 2-2 | Annual Insulation Volume Demand by Market, 2019 – 2022
- Overview
- Study Scope
- Table Figure 3-1 | Insulation: Product Examples
- Historical Trends
- Table US Insulation Demand, 2010 – 2021
- Table Figure 3-2 | US Insulation Demand, 2000 – 2021
- Supply & Demand
- Table US Insulation Supply & Demand, 2010 – 2030
- Demand by Material
- Pounds, Area, &R1-Value
- Table Insulation Demand by Material, 2010 – 2030
- Table Insulation Demand by Material, 2010 – 2030
- Table Insulation Demand by Material, 2010 – 2030
- Market Value
- Table Insulation Demand by Material, 2010 – 2030
- Pounds, Area, &R1-Value
- Demand by Market
- Pounds & R1-Value
- Table Insulation Demand by Market, 2010 – 2030
- Table Insulation Demand by Market, 2010 – 2030
- Market Value
- Table Insulation Demand by Market, 2010 – 2030
- Pounds & R1-Value
- Demand by Function
- Pounds & Market Value
- Table Insulation Demand by Function, 2010 – 2030
- Thermal
- Table Thermal Insulation Demand by Material, 2010 – 2030
- Acoustic
- Table Acoustic Insulation Demand by Material, 2010 – 2030
- Pounds & Market Value
- Pricing Trends
- Table Average Insulation Prices by Material, 2010 – 2030
- Table Figure 3-3 | Average Insulation Price by Material, 2010 – 2030
- Study Scope
- Factors Impacting Insulation Demand
- Construction Industry Outlook
- Table Figure 4-1 | Building Construction Expenditures by Type, 2018 – 2025
- Building Codes & Regulations
- Health Concerns
- Indoor Air Quality
- Potential Lung & Skin Irritation
- Sustainability Initiatives
- Recycling & Recycled Content
- Energy Efficiency
- Table Insulation R-Values by Material
- Blowing Agents & Ozone Depletion
- Construction Industry Outlook
- Fiberglass Insulation
- Scope & Product Description
- Table Figure 5-1 | Fiberglass Insulation: Product Examples
- Table Figure 5-2 | Fiberglass Insulation: Key Competitive Factors
- Demand by Product Form
- Table Fiberglass Insulation Demand by Product Form, 2010 – 2030
- Demand by Market
- Table Fiberglass Insulation Demand by Market, 2010 – 2030
- Table Figure 5-3 | Fiberglass Share of Insulation Market, 2020
- Market Share & Key Suppliers
- Table Figure 5-4 | Fiberglass Insulation Market Share by Company, 2020
- Table Figure 5-5 | US Fiberglass Insulation Market: Leading Supplier, 2020
- Table Figure 5-6 | Fiberglass Insulation Market: Second Leading Supplier, 2020
- Table Figure 5-7 | Fiberglass Insulation Market: Third Leading Supplier, 2020
- Table Figure 5-8 | Fiberglass Insulation Market: Fourth Leading Supplier, 2020
- Scope & Product Description
- Foamed Plastic Insulation
- Scope & Product Description
- Table Figure 6-1 | Foamed Plastic Insulation: Product Examples
- Table Figure 6-2 | Foamed Plastic Insulation: Key Competitive Factors
- Plastic Products
- Demand by Plastic Resin & Format
- Table Foamed Plastic Insulation Demand by Resin, 2010 – 2030
- Table Figure 6-3 | Foamed Plastic Insulation Demand by Resin, 2010 – 2030
- Rigid Polyurethane (PUR/PIR) Board
- Table Rigid PUR/PIR Board Insulation Demand by Market, 2010 – 2030
- Spray Polyurethane Foam (SPF)
- Table Spray Polyurethane Foam
- Extruded Polystyrene (XPS)
- Table XPS Foam Insulation Demand by Market, 2010 – 2030
- Expanded Polystyrene (EPS)
- Table EPS Foam Insulation Demand by Market, 2010 – 2030
- Other Foamed Plastics
- Table Other Foamed Plastic Insulation Demand by Market, 2010 – 2030
- Demand by Plastic Resin & Format
- Demand by Market
- Table Foamed Plastic Insulation Demand by Market, 2010 – 2030
- Table Figure 6-4 | Foamed Plastic Share of Insulation Market, 2020
- Market Share & Key Suppliers
- Table Figure 6-5 | Foamed Plastic Insulation Market Share by Company, 2020
- Table Figure 6-6 | Foamed Plastic Insulation Market: Leading Supplier, 2020
- Table Figure 6-7 | Foamed Plastic Insulation Market: Second Leading Supplier, 2020
- Table Figure 6-8 | Foamed Plastic Insulation Market: Third Leading Supplier, 2020
- Table Figure 6-9 | Foamed Plastic Insulation Market: Fourth Leading Supplier, 2020
- Table Figure 6-10 | Foamed Plastic Insulation Market: Fifth Leading Supplier, 2020
- Scope & Product Description
- Mineral Wool Insulation
- Scope & Product Description
- Table Figure 7-1 | Mineral Wool Insulation: Product Examples
- Table Figure 7-2 | Mineral Wool Insulation: Key Competitive Factors
- Demand by Product Form & Material
- Table Mineral Wool Insulation Demand by Product Form & Material, 2010 – 2030
- Demand by Market
- Table Mineral Wool Insulation Demand by Market, 2010 – 2030
- Table Figure 7-3 | Mineral Wool Share of Insulation Market, 2020
- Market Share & Key Suppliers
- Table Figure 7-4 | Mineral Wool Insulation Market Share by Company, 2020
- Scope & Product Description
- Cellulose Insulation
- Scope & Product Description
- Table Figure 8-1 | Cellulose Insulation: Product Examples
- Table Figure 8-2 | Cellulose Insulation: Key Competitive Factors
- Demand by Product Form
- Table Cellulose Insulation Demand by Product Form, 2010 – 2030
- Demand by Market
- Table Cellulose Insulation Demand by Market, 2010 – 2030
- Table Figure 8-3 | Cellulose Share of Insulation Market, 2020
- Market Share & Key Suppliers
- Table Figure 8-4 | Cellulose Insulation Market Share by Company, 2020
- Scope & Product Description
- Reflective Insulation & Radiant Barriers
- Scope & Product Description
- Table Figure 9-1 | Reflective Insulation & Radiant Barriers: Product Examples
- Table Figure 9-2 | Reflective Insulation & Radiant Barriers: Key Competitive Factors
- Demand by Market
- Table Reflective Insulation & Radiant Barrier Demand by Market, 2010 – 2030
- Table Figure 9-3 | Reflective Insulation & Radiant Barrier Share of Insulation Market, 2020
- Market Share & Key Suppliers
- Table Figure 9-4 | Reflective Insulation & Radiant Barrier Market Share by Company, 2020
- Scope & Product Description
- Small Volume Insulation Materials
- Scope & Product Description
- Table Figure 10-1 | Small Volume Insulation Materials: Product Examples
- Table Figure 10-2 | Small Volume Insulation Materials: Key Competitive Factors
- Demand by Market
- Table Small Volume Insulation Demand by Market, 2010 – 2030
- Table Figure 10-3 | Small Volume Insulation Material Share of Insulation Market, 2020
- Key Suppliers
- Scope & Product Description
- Residential Building Insulation
- Market Scope
- Demand by Material
- R-1 Value
- Table Residential Building Insulation Demand by Material, 2010 – 2030
- Square Feet
- Table Residential Building Insulation Demand by Material, 2010 – 2030
- Pounds
- Table Residential Building Insulation Demand by Material, 2010 – 2030
- Market Value
- Table Residential Building Insulation Demand by Material, 2010 – 2030
- R-1 Value
- Demand by Function (Thermal & Acoustic)
- Table Residential Building Insulation Demand by Function, 2010 – 2030
- Demand by Housing Type (Single-Family, Multifamily, Manufactured Housing)
- Table Residential Building Insulation Demand by Housing Type, 2010 – 2030
- Project Types
- Demand by Project Type
- Table Residential Building Insulation Demand by Project Type, 2010 – 2030
- New Housing
- Table New Residential Building Insulation Demand by Material, 2010 – 2030
- Table Figure 11-1 | New Residential Building Insulation Demand & Conventional Housing Starts, 2010 – 2025
- Retrofit Projects
- Table Residential Retrofit Insulation Demand by Material, 2010 – 2030
- Demand by Project Type
- Residential Insulation Cost Comparison
- Table Figure 11-2 | Residential Building Insulation Cost Comparison, 2020
- Commercial Building Insulation
- Market Scope
- Demand by Material
- R-1 Value
- Table Commercial Building Insulation Demand by Material, 2010 – 2030
- Square Feet
- Table Commercial Building Insulation Demand by Material, 2010 – 2030
- Pounds
- Table Commercial Building Insulation Demand by Material, 2010 – 2030
- Market Value
- Table Commercial Building Insulation Demand by Material, 2010 – 2030
- Table Figure 12-1 | Commercial Building Insulation Demand & Commercial Building Construction Expenditures, 2010 – 2025
- R-1 Value
- Demand by Function (Thermal & Acoustic)
- Table Commercial Building Insulation Demand by Function, 2010 – 2030
- Demand by Building Type (Office, Retail/Lodging, Industrial, Institutional, Other)
- Table Commercial Building Insulation Demand by Building Type, 2010 – 2030
- Demand by Project Type (New vs. Retrofit)
- Table Commercial Building Insulation Demand by Project Type, 2010 – 2030
- Commercial Insulation Cost Comparison
- Table Figure 12-2 | Commercial Building Insulation Cost Comparison, 2020
- Other Insulation Markets
- Industrial & Plant Equipment
- Table Industrial & Plant Equipment Insulation Demand by Material & Function, 2010 – 2030
- HVAC & Air Distribution Systems
- Table HVAC & Air Distribution Insulation Demand by Material & Function, 2010 – 2030
- Appliances
- Table Appliance Insulation Demand by Material & Function, 2010 – 2030
- Transportation Equipment
- Table Transportation Equipment Insulation Demand by Material & Function, 2010 – 2030
- All Other Markets
- Table Other Markets Insulation Demand by Material & Function, 2010 – 2030
- Industrial & Plant Equipment
- Regional Trends
- Demand by Region
- Table Insulation Demand by Region, 2010 – 2030
- Northeast
- Northeast: Demand by Subregion & Market
- Table Northeast: Insulation Demand by Subregion & Market, 2010 – 2030
- New England
- Middle Atlantic
- Northeast: Demand by Subregion & Market
- Midwest
- Midwest: Demand by Subregion & Market
- Table Midwest: Insulation Demand by Subregion & Market, 2010 – 2030
- East North Central
- West North Central
- Midwest: Demand by Subregion & Market
- South
- South: Demand by Subregion & Market
- Table South: Insulation Demand by Subregion & Market, 2010 – 2030
- South Atlantic
- East South Central
- West South Central
- South: Demand by Subregion & Market
- West
- West: Demand by Subregion & Market
- Table West: Insulation Demand by Subregion & Market, 2010 – 2030
- Mountain
- Pacific
- West: Demand by Subregion & Market
- Demand by Region
- Industry Structure
- Key Findings & Industry Composition
- Table US Insulation Sales by Company, 2020
- Market Share
- Table Figure 15-1 | US Insulation Market Share by Company, 2020
- Table Figure 15-2 | US Insulation Market, 2020: Leading Supplier
- Table Figure 15-3 | US Insulation Market, 2020: Second Leading Supplier
- Table Figure 15-4 | US Insulation Market, 2020: Third Leading Supplier
- Table Figure 15-5 | US Insulation Market, 2020: Fourth Leading Supplier
- Table Figure 15-6 | US Insulation Market, 2020: Fifth Leading Supplier
- Mergers & Acquisitions
- Table Selected Mergers & Acquisitions
- List of Industry Participants
- Table Selected Industry Participants
- Key Findings & Industry Composition
- Appendix
- Report Details
- Table Study Scope: US Geographic Regions & Subregions
- Table Relevant NAICS & SIC Industry Codes
- Table Relevant HS Codes
- Definitions
- Abbreviations & Acronyms
- Table Abbreviations & Acronyms Used in Study
- Freedonia Methodology
- Study-Specific Methodology
- Sources
- Associations & Agencies
- Related Studies & Reports
- Macroeconomic Assumptions
- Economic Environment
- Table Macroeconomic Indicators, 2010 – 2030
- Demographic Trends
- Table Population & Households, 2010 – 2030
- Building Construction
- Table Building Construction Expenditures, 2010 – 2030
- Residential Building Construction
- Table Residential Building Construction Expenditures, 2010 – 2030
- Residential Improvements & Repairs
- Table Residential Improvement & Repair Expenditures, 2010 – 2030
- Commercial Building Construction
- Table Commercial Building Construction Expenditures, 2010 – 2030
- Commercial Building Improvements & Repairs
- Table Commercial Building Improvement & Repair Expenditures, 2010 – 2030
- Nonbuilding Construction
- Table Nonbuilding Construction Expenditures, 2010 – 2030
- Housing Starts
- Table New Housing Indicators, 2010 – 2030
- Table Figure 16-1 | New Housing Square Footage by Housing Type, 2005 – 2020
- Housing Stock
- Table Housing Stock by Type, 2010 – 2030
- Table Figure 16-2 | Housing Stock: Share by Year of Construction, 2020
- Manufacturers' Shipments
- Table Manufacturers' Shipments, 2010 – 2030
- Economic Environment
- Report Details
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