According to
recent market research
, the US insulation market is expected to continue growing in 2014.
Residential insulation demand is projected to increase by double-digit percentage points next year. This is partly due to an increase in home sales as well as homeowners wanting to replace old insulation in order to make their homes more efficient.
Demand for non-residential insulation is also expected to keep increasing for much the same reasons. Commercial construction has been steadily rebounding since the Great Recession, and building efficiency can be an effective selling point for property owners. Additionally, owners of older commercial property are deciding to replace their existing insulation in favor of better R-values through newer insulation technologies such as
Icynene
spray foam insulation.
Even though spray foam insulation continues to be popular, research shows that fiberglass will still be the most popular insulation material through 2017.
For more information about your options for residential and non-residential insulation and what will be best for you, don’t hesitate to contact us at
Goley
, Inc. We have been serving all of the Greater St. Louis area for many years and our team knows exactly how to help your unique home or business space to become more energy efficient.