Insulation is critical when it comes to retaining heat in your home and saving money on energy expenses. Sto Corp can provide superior insulation by analyzing each unique build and providing a case-specific approach to delivering the best results for a given residence. However, as the market evolves, the way that continuous insulation is prepared and distributed will change along with it.
“Insulation sales are projected to rise 6.6% by 2019.”
The market is growing
The future is bright for the commercial and residential sale of insulation. According to the Freedonia Group, a Cleveland research firm, insulation sales are projected to rise 6.6 percent from 2015 to 2019, which would mark a $10.3 billion growth. In spite of declines over the last five years, the overall demand for insulation sales is rising due to the nonresidential market, the source stated. The Freedonia Group attributes this swing in demand to more commercial structures being built and an increasing interest in green building methods.
Ninety-three percent of projects involving continuous insulation utilize fiberglass or formed plastic, reported Freedonia Group. At the moment, the fiberglass market is surging because the material is cheap, light and easy to use, making it appealing for residents looking to insulate their homes themselves, the source stated. Fiberglass also has a high R-value. According to the U.S. Department of Energy, “R-value” refers to insulation’s resistance effectiveness. The higher the rating, the better insulated the building.
Another popular material is foamed plastic, which the report pointed out also touts a high R-value. Foamed plastic had been a staple in commercial insulation projects for many years, but now more builders are using fiberglass in residential projects as well because it is more economical, Freedonia Group reported. Still, the source predicted foamed plastic will make a resurgence due to the focus on air leak prevention in new regional real estate reforms. With green programs such as LEED becoming more prominent and influencing the direction of energy policy, more construction companies are paying attention to how regulations are shaping the industry.
The International Energy Conservation Code
One major influencer in the building code field is the International Energy Conservation Code. The building code was established by the International Code Council and, according to the DOE, it is a method to establish the minimum design and construction requirements to best reduce energy use in buildings. Architect Magazine reported that the 2015 IECC marks some major departures from the 2009 regulations. The three main factors the source highlighted were:
- Stricter codes have been incorporated to address unique requirements for insulation based on a region’s climate and the local policies pertaining to commercial and residential buildings.
- There are more requirements for wall-cavity insulation, specifically with regard to properly sealing walls and crawl spaces. For this reason, foamed plastic and other enhanced materials are going to become more viable in the commercial market.
- With the growing emphasis of R-value requirements, insulation manufacturers are beginning to incorporate more of a systems-based approach to help developers meet the legal requirements.
It is clear that with all the changes in the market and with regulations, the insulation industry is growing more nuanced and will require companies to take a measured, pragmatic approach to each build. To see if Sto Corp can help you meet that goal, check out our website.