Friday, September 23, 2016

Approximate Global Market Values for Insulation Materials

An extensive Internet search was made to identify market values for materials used in insulation.  This table provides approximate amounts for six materials used in insulation:
                                              
Table  2015 Global Market Values for Six Materials Used in Insulation
glass wool
 $   14,000,000,000
33%
eps polystyrene
 $   13,000,000,000
31%
mineral wool
 $     8,000,000,000
19%
polyurethane
 $     4,200,000,000
10%
xps polystyrene
 $     2,500,000,000
6%
aerogel
 $        300,000,000
1%
total
 $   42,000,000,000
100%


The amounts include not just insulation used in buildings but also in industrial, HVAC, appliance, and other applications.  The amounts represent 2015 values.  Other materials are also used in insulation, such as cellulose, but the values of these could not be found.   The values of these other materials are believed to be small in comparison to values in the table.


The efficient and effective use of insulation materials is considered to be a very important need (tool) in reducing energy use and in combating global warming.  Estimates can be found on expected annual increases for these insulation materials.

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