Market Research

  • Mechanical Insulation and the Insulation Industry’s Contributions to the U.S. Economy

    Have you ever thought about what impact the insulation industry has on the overall U.S. economy? In comparison to many industries the insulation industry is relatively small, but its impact should not be underestimated. Following is the executive summary from The Contributions of Insulation to the U.S. Economy in 2017, which was published in April

  • Politics Fuel Changing Prices for Energy

    Washington was a key driver of second-quarter energy costs, with political actions and regulatory intervention affecting power sources from oil and coal to solar and wind. In May, U.S. crude reached $70 per barrel—for the first time since November 2014. Among key contributing factors to the rise were fears of constrained Iran supply following President

  • Construction Cost Data Shows Effect of Trade Disputes as Aluminum and Steel Costs Increase

    Construction costs accelerated again in June, with steep increases for a wide range of building and road construction materials as tariffs against foreign goods come into effect, according to an analysis by the Associated General Contractors (AGC) of America of new Labor Department data. Association officials say that contractors will have to assume much of

  • Power and Energy’s Impact on the Insulation Industry

    There’s a great deal happening throughout the energy industry, including the greater adoption of digital technologies to increase performance—all of which spell increased opportunities for the insulation industry. Oil and Gas, including LNG While global energy demand will continue to increase, growth will be slower—an average of about 0.7% a year through 2050—compared to an

  • Gazing into the Crystal Ball

    What Slowdown? Pace of Construction Activity Projected to Accelerate through 2019 By Kermit Baker Construction spending for nonresidential buildings is projected to increase 4 percent this year and continue at that pace of growth through 2019. While the commercial construction sectors will generate much of the expected gains this year, by 2019 the industrial and

  • Extreme Weather and the Construction Industry

    This fall, the United States was hit with a series of tropical storms that caused extreme destruction and mass evacuations. It’s estimated that together, Hurricane Harvey and Hurricane Irma caused $290 billion in damages. Harvey accounts for the majority of this figure: the rebuild is expected to cost $190 billion, making Harvey one of the costliest weather

  • 6 Construction Industry Trends to Expect in 2018

    Keeping on top of new and emerging trends in the construction industry not only helps keep your company from falling behind, but also helps prepare you for the future. With the continuing growth and evolution of the construction industry, companies must stay up to date if they want to remain competitive. While it can be

  • The Commercial and Industrial Mechanical Insulation & Laminated Metal Building Insulation Markets Exhibit Overall Growth

    Survey Confirms Market Expectations and Predicts Healthy 2017–2018

  • Gazing into the Crystal Ball

    AIA: Even with Uncertainties Looming, Healthy Gains Projected for 2017 Building Activity By Kermit Baker 2016 was a chaotic year for non-residential building activity. For most serving this market, it turned out to be a successful year—construction spending in this sector rose almost 8%, according to current estimates—even as challenges to the industry were continually

  • Construction Outlook

    Economic forecasting is always fraught with perils. Uncertainty about laws and regulations—not to mention unexpected events such as better or worse than normal weather—make the job of the forecaster that much more difficult. As this article is being written, the usual uncertainties are amplified by a new administration whose actions regarding the economy leave many