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UK Building Insulation
Market by Value 2008-2012 (£ million)
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 AMA
Research has published a new report covering the building
insulation market. Available for purchase at £650 from
www.amaresearch.co.uk, the report provides a comprehensive analysis
of the different material sectors (including mineral wools, PUR,
PIR and phenolic). A detailed review of the supply chain, end-use
sectors and distribution channels are provided. The report also
provides a forecast of the market prospects to 2015.
The building insulation market is a mature market
and in recent years has experienced good levels of growth, mainly
as a result of amendments to the Building Regulations and
Government energy saving initiatives. The market experienced good
growth until 2008 but by the end of the year the impact of the
‘credit crunch’ began to affect the market, with prospects
deteriorating in 2009. However, the market was estimated to have
returned to growth in 2010 and is expected to reach an estimated
market size of £1,038 million by 2015. The market is expected to
continue to be underpinned by CERT and the Green Deal and the
Building Regulations. Public spending is expected to decline from
2011, following the announcement f widespread governmental cuts,
restricting growth in the short term
The market is dominated
by a leading group of two manufacturers (Knauf Insulation and
Kingspan Insulation) with a group of four other companies being
prominent in the market. The distribution channels have remained
largely unchanged in recent years with the key distributors being
SIG and Encon.
Mineral wool remains the
largest sector in the building insulation market reflecting the strength
of the product in the structural and roofing sectors. However, the
product has lost share to PIR and PUR in recent years. The UK is a net
exporter of mineral insulation materials.
The focus of product
development is to increase the thermal performance of the products,
lowering their U-values. Sustainability continues to be important in both
the building and insulation industries with many manufacturers developing
their products to reduce the impact on the environment. Increasing
emphasis is also being put on solid wall insulation applications.
Other factors affecting the
building insulation market include changes to the building mix, the
volatility of the Sterling exchange rate against the US dollar and Euro
as well as price increases across the market, primarily due to increasing
fuel and energy prices. |
