Insulation Blow-in Machine Market Projected to Discern Stable Expansion During 2018 to 2028

In order to dissert the market scenario prevailing across the insulation blow-in machine market sector, FactMR has evenly presented a comprehensive insulation blow-in machine market analysis to its extensive online repository. With all vital market facets enclosed into this single assessment, readers can learn about different market drivers, opportunities and trends which are likely to influence the overall market space for the insulation blow-in machine market in the coming years. In addition, factors such as market size, Y-o-Y growth and revenue share are investigated so as to make this research highly authentic and reliable.

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In Brief:

• Global insulation blow-in machine market registered a value CAGR of 6.1% during the period between 2013 and 2017. Growing investment in thermal insulation and soundproofing in both residential and commercial building has fuelled sales of insulation blow-in machines.
• 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 market for insulation blow-in machines, 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.

What are the Key Growth Drivers of Insulation Blow-in Machine Market?

• 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.
• 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.

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Cellulose Remains Sought-after Material for Insulation Blow-in Machine

Cellulose will continue to remain top-selling material for insulation blow-in machines, upheld by its high recycled material content and improve safety for human contact. Cellulose sales for blown-in insulation surpassed a value of US$ 150 million, accounting for more than 60% revenue share of the insulation blow-in machine market in 2018.

According to the study, demand for portable insulation blow-in machine will remain robust in the residential sector, holding nearly 70% revenue share in the market. Portable insulation blow-in machine is gaining widespread popularity among homeowners and contractors for its easy handling and operation, amid a significant rise in DIY and home improvement activities.

The FactMR 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.