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New Study: What are the Key Growth Drivers of Electric Insulation Blow-in Machine Market

08-12-2021 07:25 AM CET | Industry, Real Estate & Construction

Press release from: Fact.MR

According to a recent Fact.MR study, worldwide sales of insulation blow-in machine closed in on nearly 30,000 units, and are estimated to register a Y-o-Y growth of 5.8% in 2019. The insulation blow-in machine industry growth has been underpinned by a wide range of trends, especially the growing demand for energy efficient insulation along with increasing adoption of HVAC systems in both residential and commercial sectors. In addition, demand for thermal and acoustic insulation in industrial buildings to improve cooling and heating systems continues to drive the growth of insulation blow-in machine market.

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The study finds that rising popularity and adoption of insulation blow-in machine are remarkably influenced by its use of recycled waste materials such as fiberglass, cellulose, and rock wool that are environment positive, cheap, effective, easy to install, and have relatively high R-value. Further, opportunities are imminent in insulation blow-in machine market, as manufacturers continue to shift their focus towards portable products, amid rising home improvements and DIY activities for filling in attic spaces, wall cavities, and joist cavities. Addition of chemicals in loose-fill insulation materials to provide fire resistance properties for specific industrial application such as in cookhouse will continue to provide potential growth prospects of the insulation blow-in machine market.

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Global Insulation Blow-in Machine Market: Segmentation

Current and Future Market Size (US$ Mn) and Volume Analysis and Forecast By Material Type

Cellulose
Fiber Glass
Rock Wool
Minerals

Current and Future Market Size (US$ Mn) and Volume Analysis and Forecast By Power Type

Gas
Diesel
Electric

Following Questions Answers Covered in the Report are:

How will the global Insulation Blow-in Machine Market perform during the forecast period? What will be the market size in terms of value and volume?

Which segment will drive the global Insulation Blow-in Machine Market? Which regional market will show extensive growth in the future? What are the reasons?

How will the market dynamics change because of the impact of future market opportunities, restraints, and drivers?

What are the key strategies adopted by players to sustain themselves in the global Insulation Blow-in Machine Market?

How will these strategies influence the market growth and competition?

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Regional analysis includes

North America (U.S., Canada)
Latin America (Brazil, Mexico, Argentina, Chile, Peru, Rest of LATAM)
EU – (Germany, France, Italy, Spain), UK, BENELUX (Belgium, Netherlands, Luxemburg), NORDIC (Norway, Denmark, Iceland, Sweden), Eastern Europe (Poland, Ukraine, Czech Rep. etc.), Rest of Europe
CIS & Russia
Japan
Asia Pacific Excluding Japan (Greater China, India, S. Korea, ASEAN Countries, Rest of APEJ)
Middle East and Africa (GCC Countries, Turkey, Iran, Israel, South Africa , Rest of MEA)

Get More Insights -http://www.globenewswire.com/en/news-release/2019/09/12/1914856/0/en/Petrol-driven-Vibratory-Rammers-Account-for-half-of-the-Total-Sales-Despite-Zero-Emission-Efforts-Fact-MR.html

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.

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