Sept. 13, 2012: Residential and Commercial Insulation Market to Reach $8.2 Billion in 2014
MALVERN, Pa. — Demand for residential and commercial insulation in North America is projected to increase by $1.9 billion over the next three years from, 11.1 billion square feet valued at $6.2 billion in 2011, to 13.7 billion square feet valued at $8.2 billion in 2014. According to a new report from Principia, both sectors should benefit from a one-two punch that includes an upturn in construction spending along with more stringent building codes calling for more insulation per structure.
For its report, Residential and Commercial Insulation 2012, Principia conducted direct interviews with 200 professionals representing building product manufacturers, wholesalers, distributors, dealers, builders, contractors, and installers.