Major drivers are the growth in HVAC systems and energy efficiency regulations
November 28, 2016
The global HVAC insulation market is forecast to reach an estimated $5.2 billion by 2021 and is projected to grow at a compound annual growth rate (CAGR) of 5.2 percent from 2016 to 2021, according to a report from Research and Markets.
During maintenance of steam systems, the insulation that covers pipes, valves, and fittings is often damaged or removed and not replaced. Pipes, valves, and fittings that are not insulated can be safety hazards and sources of heat loss.
Developing countries are expected to account for the majority of insulation demand gains
August 12, 2016
Global demand for insulation is expected to rise 3.7 percent per year to 26 billion square meters of R-1 value in 2020, according to a new study from The Freedonia Group, a Cleveland-based industry research firm.
Features articles targeted at the building construction trades
August 1, 2016
Armacell LLC has announced a new online educational resource for those who make, use, or install products made with expanded foam materials, including mechanical engineers and contractors, as well as foam fabricators and OEMs.
Driven by rising growth of the construction industry coupled with increasing demand for HVAC systems
July 12, 2016
The global HVAC insulation market is forecast to grow from $3.30 billion in 2015 to $5.29 billion by 2021, increasing at a compound annual growth rate (CAGR) of 8.20 percent, according to a new report published by MarketsandMarkets.
Regulation in the EU and U.S., increasing construction in Asia Pacific and the Middle East are driving growth
July 5, 2016
The global insulation market is forecast to reach $93.34 billion by 2024, according to a new report by Grand View Research Inc. The rising importance of energy efficient buildings owing to escalating energy costs is expected to remain a key driving factor for the global insulation market.
Acquisition adds approximately $7.6 million of annualized revenue
December 1, 2015
Installed Building Products Inc., a leading installer of insulation and complementary building products, has announced the acquisition of Sierra Insulation Contractors Inc. and Eco-Tect Insulation Inc.
Energy loss is estimated to cost the U.S. Department of Defense about $200 million annually
November 26, 2015
Fort Drum is the site of a U.S. Army Corps of Engineers project that will test a new high-performance insulation technology for buildings designed to retain heat indoors more effectively and with greater cost savings.
Boosting insulation could cut electricity use by about 5 percent and natural gas use by more than 10 percent
October 9, 2015
Based on new research, the North American Insulation Manufacturers Association (NAIMA) estimates that roughly 90 percent of existing U.S. homes are under-insulated, wasting HVAC energy use, money, and decreasing comfort for homeowners.
Johns Manville (JM), a Berkshire Hathaway company, announced it has been named Supplier of the Year for 2015 by Insulate America Inc., an insulation contractor association. JM is the first company to receive this honor three years in a row, having previously accepted the award in 2013 and 2014.