US Demand for Insulation to Approach $9 Billion in 2016
US demand for insulation is forecast to rise 7.8 percent annually to $8.9 billion in 2016. Advances will be driven by a rebound in building construction expenditures from a depressed 2011 base. Further growth will be spurred by changes in building codes and continuing consumer interest in reducing energy consumption and utility bills. Home owners and building owners will add or upgrade insulation to achieve these goals. These and other trends are presented in Insulation, a new study from The Freedonia Group, Inc., a Cleveland-based industry market research firm.
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