A recently released Fact.MR report on insulation blow-in machine market offers an elaborate and exhaustive market forecast for the period, 2018-2028. Numerous dynamics influencing the insulation blow-in machine are identified and their degree of impact has been assessed and covered in the report. Further, the report details both qualitative and quantitative analysis of the macroeconomic and industry-specific factors impacting insulation blow-in machine market growth. The Fact.MR report also provides detailed insights into the competitive landscape of insulation blow-in machine market to direct its readers towards implementing and devising well-informed decisions.
The Fact.MR study on insulation blow-in machine market provides industry-based intelligence and comprehensive insights into the global market. To carry out a detailed analysis on the growth of insulation blow-in machine market for the period, 2018-2028, a unique methodology and holistic approach have been adapted.
A thorough and extensive secondary research is followed by an in-depth primary research, to obtain valuable information regarding historical and current growth parameters of the insulation blow-in machine market. In the secondary phase, trade journals, paid resources, company annual reports, press releases, and other publications were studies, while the primary research includes interviews of various industry and market experts to validate the acquired information.
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North America Lead Gains in Insulation Blow-in Machine Market
According to the study, North America is likely to retain its leading position in insulation blow-in machine market, representing sales of over 10,000 units in 2018. As old infrastructure gets worn out and prices of new construction rises, homeowners in the region are focusing on home improvement and renovation activities including blown-in insulation, thereby impacting the market growth. East Asia, on the other hand, has witnessed an exponential rise in the construction industry on the back of improving economic conditions, government initiatives in infrastructural development, and high disposable income. This, coupled with increasing installation of HVAC systems in urban areas will complement the expansion of insulation blow-in machine market in East Asia.
Cellulose Sales for Insulation Blow-in Machine Continue to Remain High
Cellulose has been growing in popularity as the most preferred material for blown-in insulation, as it provides green, efficient, non-toxic, and affordable thermal or acoustic insulation. Building and Construction Technology (BCT) of UMass Amherst declared cellulose insulation as a smart alternative to fiberglass, while the Cellulose Insulation Manufacturers Association (CIMA) claimed that insulating a house of 1500 square feet with cellulose will recycle as much as newspaper as an individual will utilize in 40 years. In 2018, cellulose sales for insulation blow-in machine exceeded 18,000 units, accounting of nearly 60% volume share of insulation blow-in machine market. Although the demand for fiberglass blown-in insulation is also anticipated to witness significant growth, several health hazards along with stringent regulations set by OSHA and NAIMA regarding the use of fiberglass may negatively impact its sales growth.
Insulation Blow-In Machine Market – Competitive Landscape
- In April 2019, CertainTeed Corporation announced its acquisition of Norton Industries’ wood ceilings business to enhance the company’s wood ceilings and wall portfolios with a strong line of product that complement its custom wood designs from Decoustics. According to CertainTeed, the new acquisition will add to its innovation capabilities and increase presence in the high-growth architectural specialties ceilings market.
- In February 2019, Owens Corning, a leading player in the insulation blow-in machine market, introduced TruDefinition® Duration FLEX™ shingles, designed to deliver improved flexibility and superior performance in harsh weather conditions as compared to standard shingles. The new product features SureNail® Technology and is made with a proprietary blend of SBS polymer modified asphalt.
Meyer Contractor Solutions
In 1946, Meyer Contractor Solutions was established as a subsidiary business for General Blower, and is currently based in Libertyville, Illinois, United States. The company specializes in manufacturing of insulation blowing machines, dry bulk material processing equipment, dust collectors, pneumatic conveyors, and vacuum collection systems.
Insulation Technology Corporation (Intec)
Founded in 1977, Insulation Technology Corporation is based in Frederick, CO, United States, and develops custom equipment solution for manufacturers and end-users. The company is an industry leader in designing and developing innovative portable insulation blowing equipment.
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