As conserving energy usage becomes more crucial than ever, the glass wool insulation market is set to reap the rewards dramatically. In a report by the Global Industry Analysts, the market is projected to reach 4.8 million tonnes in by 2010, particularly as sustainable construction becomes a priority.
Glass wool is created through a unique process, as small pockets of air are trapped by fine glass fibres to produce a reliable insulating material. Superglass have become renowned experts in manufacturing top quality glass wool and notably they were mentioned in the report as one of the key players expected to service the increase in demand.
As a result of its innovative design, glass wool insulation is one of the most popular types of insulation across the globe. It’s also highly lightweight, stays strong against pressure and can withstand years of use.
The team at Superglass have also ensured that their glass wool production is as sustainable as it possibly can be, using recycled products as the base source for the material and ensuring a minimal amount of energy used in the manufacturing. In fact, Superglass has estimated that each glass wool product will go on to save 300 times the amount of energy that was used to create it.
According to the report, housing construction is the end-use sector set to influence the largest growth in the market, with a Compound Annual Growth Rate (CAGR) of 4.6%. However, it’s the altered process in construction that have lead to the huge increase in demand for insulation.
Regulations for building now often include strict energy requirements, with an emphasis on sustainability in an age of environmental awareness. Homes must be well insulated to avoid wasted heating energy, whilst industrial buildings and vehicles require stronger thermal insulation to ensure that they’re working at maximum efficiency. This stretches from conventional power generation plants to the transportation of fuel.
There’s a lot of support for the growth of glass wool insulation, not least from government policies offering grants for insulation improvements to meet energy targets. EU initiatives are further expected to promote the industry as part of their energy conservation strategy in Europe.
The expected market growth of glass wool insulation is an effect of new commitments to energy efficiency and sustainability. With its roots in responsible manufacturing and proven results in action, it’s unsurprising that glass wool insulation is expected to become even more widespread and popular in a number of industries.
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