North America is the largest market in building thermal insulation
August 25, 2016
The global building thermal insulation market was valued at $22.73 billion in 2015 and is projected to reach $28.39 billion by 2021, increasing at a compound annual growth rate (CAGR) of 3.5 percent between 2016 and 2021, according to a report published by MarketsandMarkets.
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.
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.
Market dominated by the residential buildings segment
March 23, 2016
The global insulation market was valued at approximately $40 billion in 2014 and is forecast to reach approximately $65 billion by 2020, growing at a compound annual growth rate (CAGR) of around 8 percent from 2015 to 2020, according to a report published by Zion Research.
DI now enters the metal building insulation market
November 2, 2015
Distribution International Inc. (DI), a leading distributor and fabricator in the mechanical insulation market, announced it has acquired Selle Supply Co. and sister company PBI Supply Inc., full-line distributors of insulation products and related construction materials, specializing in the lamination of fiberglass insulation for metal buildings.
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.
CertainTeed has introduced its newly enhanced Sustainable Insulation™ SoftTouch™ Duct Wrap, which the company said offers HVAC contractors improved cutting and handling to ease installation, while maintaining fiberglass product performance.
This week, The ACHR NEWS features the Commercial Cooling Showcase. Get a jump on your competition by learning about all the new commercial cooling equipment that manufacturers are introducing this year, including rooftop units, VRF systems, and chillers.
Check back for additional content throughout the week.