Tuesday, February 05, 2019 11:01:20 AM
© Copyright by The Freedonia Group, Inc. 77
nanocomposite insulations are foamed plastic. For example, Industrial
NanoTech supplies NANSULATE, a sprayed-on plastic coating that has
enhanced insulating properties. This nanocomposite product, which dries to a
rigid shell, is engineered to have higher R-values and lower thermal
conductivity than other types of insulation.
TABLE IV-6
FOAMED RIGID URETHANE INSULATION
DEMAND BY MARKET
(million pounds)
Item 1993 1998 2003 2008 2013
Foamed Plastic Insulation Demand 1285 1610 1755 2070 2375
% rigid urethane 63.0 65.2 64.7 63.3 62.3
Rigid Urethane Insulation Demand 809 1050 1135 1310 1480
Residential Construction 105 147 165 175 200
Nonresidential Construction 409 541 560 650 735
Industrial & HVAC Equipment 77 78 80 100 115
Other 218 284 330 385 430
Source: The Freedonia Group, Inc.
Residential Construction: Demand for foamed rigid urethane insulation
in residential construction applications is forecast to advance 1.2 percent per
year through 2008 to 175 million pounds. Use of this insulation in new
residential construction will be limited by a lackluster new housing
environment, which includes an expected decline in conventional housing
starts from the elevated levels of the 1998-2003 period. However, foamed rigid
urethane will continue to gain market share in residential applications,
somewhat offsetting the weak housing environment. Foamed rigid urethane
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