Built to last: Improvements in the real estate market will boost demand for insulation contractors

The Insulation Contractors industry is composed of operators primary engaged in installing insulation products for both residential and nonresidential buildings. Accordingly, demand for industry services is closely tied to the level of activity in the industry's downstream construction markets. Over the five years to 2018, the number of housing starts, private spending on home improvements and the value of private nonresidential construction are all projected to increase, bolstering demand for industry services. Over the five years to 2023, insulation contractors will likely benefit from continued improvements across downstream building markets, including home builders, apartment construction, industrial construction, commercial construction and apartment rentals...purchase to read more.

Industry Statistics & Market Size
Revenue
$9bn
Annual Growth 13-18
4.6%
Forecast Growth 18-23
Profit
Employment
67,318
Businesses
22,908
Market Share of Companies
There are no companies with a dominant market share in this industry

Industry Threats & Opportunities

  • With steady revenue growth over the past five years, new entrants have returned to the industry
  • New operators have steadily entered the industry
  • Commercial construction accounts for the largest downstream market
  • Industry Report - Industry Analysis Chapter

    Over the five years to 2018, revenue for the Insulation Contractors industry is expected to increase an annualized 4.6% to total $8.6 billion. The industry consists of skilled workers who primarily install, repair or replace insulation materials in residential and nonresidential buildings. Building insulation serves several important purposes. Depending on the type of material used, building insulation can stabilize building temperatures, soundproof rooms, provide protection from fire and even provide some protection to surrounding beams and drywall. Industry operators install insulation in new buildings, additions and during renovations and repairs. Consequently, the industry’s growth is very closely tied to the overall strength of residential and nonresidential construction markets...purchase to read more.

    Additional Insights for the Insulation Contractors Industry

    IBISWorld identifies 250 Key Success Factors for a business.The most important for the Insulation Contractors Industry are

  • Ability to compete on tender
  • Proximity to key markets
  • Access to niche markets
  • IBISWorld analysts also discuss how external factors such as Housing starts and Private spending on home improvements in the Insulation Contractors industry impact industry performance..

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    What's in this report

    What is the Insulation Contractors Industry?

    This industry consists of establishments primary engaged in installing insulation products for buildings. This industry does not include work performed by general building contractors.

    Industry Products
  • Fiberglass
  • Polyisocyanurate
  • Mineral wool
  • Polystyrene
  • Alternative insulation materials/ other
  • Industry Activities
  • Wall cavity and attic space insulation installation
  • Exterior insulation finish system installation
  • Roof insulation installation
  • Foam, panel, mineral wool, glass fiber, polystyrene board and urethane foam installation
  • Table of Contents

    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Executive Summary
    Key External Drivers
  • Housing starts
  • Private spending on home improvements
  • Value of private nonresidential construction
  • Value of residential construction
  • Homeownership rate

  • Current Performance
  • Cycles of demand
  • Profit margins begin to recover
  • Government aids the industry
  • Chart: Revenue Growth

  • Industry Outlook
  • New commercial construction will lead growth
  • Housing market stabilizes
  • Profitability stabilizes
  • Table: Insulation Contractors Industry Revenue Outlook

  • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Insulation Contractors Industry Lifecycle vs The Economy

  • Supply Chains
    Key Buying Industries
  • Home Builders
  • Apartment & Condominium Construction
  • Third-Party Administrators & Insurance Claims Adjusters
  • Apartment Rental
  • Commercial Leasing
  • Public Administration
  • Commercial Building Construction
  • Municipal Building Construction

  • Key Selling Industries
  • Finance and Insurance
  • Glass Product Manufacturing
  • Heavy Equipment Rental
  • Manufactured Home Wholesaling
  • Tool & Hardware Wholesaling

  • Products & Services
  • Fiberglass
  • Polyisocyanurate
  • Polystyrene
  • Mineral wool
  • Alternative insulation materials/ other
  • Chart: Insulation Contractors Industry Products and Services Segmentation

  • Demand Determinants
  • Short-term demand
  • Long-term demand

  • Major Markets
  • Commercial construction
  • Residential construction
  • Government and institutional construction
  • Industrial construction
  • Other construction
  • Chart: Major Market Segmentation for the Insulation Contractors Industry

  • International Trade
    Business Locations
    Chart: Business Locations by State
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
    ProfitPurchasesWagesDepreciationOther expenses
  • Chart: Cost Structure Benchmarking – Sector vs Insulation Contractors

  • Basis of Competition
    Internal competitionExternal competition
    Barriers to Entry
  • Table: Barrier to Entry Checklist for the Insulation Contractors Industry

  • Industry Globalization
    There are no major players in this industry. This report includes analysis of other companies.
    Capital Intensity
  • Chart: Level of Capital Intensity for the Insulation Contractors Industry
  • Chart: Tools of the Trade: Growth Strategies for Success

  • Technology & Systems
    Revenue Volatility
  • Chart: Volatility vs Industry Growth

  • Regulation & Policy
    Industry Assistance
    Table: Industry Data for the Insulation Contractors Industry
    Includes:
  • Industry Revenue (2009-2023)
  • Industry Gross Product (2009-2023)
  • Establishments (2009-2023)
  • Businesses (2009-2023)
  • Employment (2009-2023)
  • Wages (2009-2023)
  • Housing starts (2009-2023)

  • Table: Annual Percentage Change for Key Industry Data
    Table: Key Ratios for Industry Key Data
    Cellulose
  • An organic compound that is mainly used to produce paperboard and paper products found in alternative insulation materials.
  • Hydrochlorofluorocarbons
  • Compounds used as refrigerants and in insulation foams, considered to be a safer alternative to ozone-depleting Chlorofluorocarbons.
  • Polystyrene
  • A synthetic and inexpensive polymer used to make most plastic containers and insulation materials.
  • What Our Customers Say

    Why buy this report?

    IBISWorld’s Industry Market Report on Insulation Contractors is a comprehensive guide to market size and growth prospects. Ensure due diligence in your research with our strategic analysis of the factors influencing companies, including new product developments; economic, lifestyle and demographic influences; distribution and supply chain factors; and pricing issues.

    IBISWorld industry market research reports enable you to:
    • Find out about key industry trends
    • Identify threats and opportunities
    • Inform your decisions for marketing, strategy and planning
    • Quickly build competitive intelligence
    This report on Insulation Contractors:
    • Provides Market Size information to assist with planning and strategic decisions.
    • Includes the necessary information to perform SWOT, PEST and STEER analysis.
    • Helps you understand market dynamics to give you a deeper understanding of industry competition and the supply chain.
    • Analyses key performance and operational metrics so that you can benchmark against your own business, that of your customers’ businesses, or your competitors’ businesses.
    The Insulation Contractors market research report includes:
    • Historical data and analysis for the key drivers of this industry
    • A five-year forecast of the market and noted trends
    • Detailed research and segmentation for the main products and markets
    • An assessment of the competitive landscape and market shares for major companies
    • And of course, much more

    IBISWorld reports on thousands of industries around the world. Our clients rely on our information and data to stay up-to-date on industry trends across all industries. With this IBISWorld Industry Research Report on Insulation Contractors, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

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