Insulation Demand Forecast to Increase 5% per year Through 2014

Feb. 17, 2011 - PRLog -- Worldwide demand for insulation is projected to rise by 5 percent per year through 2014 to reach nearly 23 billion square meters. In the majority of industrializing countries, insulation consumption will continue to expand at a healthy rate. Meanwhile, in developed nations, industry analysts expect sales of insulation materials to rebound after a sharp decline in 2008 and 2009 due to the global financial crisis.

Key findings in this report:

•Primary driver of growth in insulation demand will be attributed to spending gains in residential building construction

•North American insulation market will register fastest growth through 2014, which will be driven by the large U.S. market.

•U.S. insulation consumption is expected to rise more than 7% per year during the forecast period.

•Over 40% of new insulation demand generated between 2009 and 2014 will be attributable to the Asia/Pacific region.

•Insulation consumption is expected to rise dramatically in the Asia Pacific region due to solid advances in process manufacturing, appliance shipments, and residential and nonresidential building construction.

For more information on this report:                                        
http://www.the-infoshop.com/report/fd143290-world-insulat...

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Global Information, Inc. (GII) is an online aggregator of premium market research.

Contact us:
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