Insulation Blow-in Machine Market – Growing Investment in Thermal Insulation and Soundproofing to Drive the Market Growth
Worldwide sales of insulation blow-in machines closed in on revenues worth over US$ 247 million, and are estimated to record a Y-o-Y growth of 6.8% in 2019.
North America will continue to be leading insulation blow-in machines market, with revenues exceeding US$ 85 million in 2018. Insulation blow-in machine sales in the region are driven by the growing home improvement activities including insulation of attics spaces, wall cavities, and joist cavities. East Asia is expected to emerge as a high-growth market for insulation blow-in machines, backed by an increase in new construction activities in residential as well as commercial sectors.
Blow-in insulation is characterized by the use of materials with higher R-value (thermal resistance value) as compared to batt insulation and spray foam insulation, which makes insulation blow-in machines a preferred equipment for insulating attic floors and joist cavities. Several benefits including easy installation, low maintenance, minimal cost, and energy efficiency are highly likely to influence the sales of insulation blow-in machines.
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Adoption of thermal insulation and soundproofing materials has been increasingly growing in commercial buildings to improve energy consumption of buildings’ cooling and heating systems and to decrease sound intensity. This had led to surge in demand for insulation blow-in machine which operates the application of these materials. Prospects of insulation blow-in machine market is expected to remain promising, on the back of growing demand for HVAC (Heating, ventilating and air conditioning systems) for temperature-controlled living or working space. Blown-in insulation or loose-fill insulation materials including fiberglass, cellulose, and rock wool used in insulation blow-in machine are considered to be environment friendly as they are made from recycled waste materials such as newspaper, cardboard, wood, glass, and others. This is likely to remain a key growth influencer of the insulation blow-in machine market.
With solid gains in house prices and aging infrastructure in various developed regions, consumers are focusing on making investments in home improvements and renovations, which in turn drives the demand for blown-in insulation to fill in existing walls and attics, thereby impacting the growth of insulation blow-in machine market.
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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US GreenFiber, LLC
Founded in 2000, US GreenFiber, LLC is headquartered in Charlotte, North Carolina, with eight manufacturing plants located throughout the U.S. and Canada. The company manufactures cellulose fiber insulation, fire, and sound products. It commits to being environmentally conscious company, using around 85% recycled material, low-energy manufacturing, and short-haul transportation.