Demand for insulation installers has shown steady signs of improvement from the steep declines that occurred amid the subprime mortgage crisis. Revenue for the Insulation Contractors industry has grown in line with improvements in both the residential and nonresidential construction markets, and as rebounding demand has eased price-based competition among contractors, profit margins have recovered over the past five years. Additionally, the industry has benefited from federal tax credits that encourage the installation of energy-efficient insulation. Although the real estate market is unlikely to reach its prerecessionary peak, continued improvements in downstream construction markets are expected to sustain industry growth over the next five years.
This industry consists of establishments primary engaged in installing insulation products for buildings. This industry does not include work performed by general building contractors.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.