Heat wave: Increasing environmental concerns have supported demand for the industry

The Insulation Services industry derives most of its revenue from installing materials in new residential and non-residential buildings. Stricter regulations governing the energy efficiency of new buildings have also supported the industry’s performance over the long term. The industry strongly benefited from the Commonwealth’s Home Insulation Program (HIP) in the late 2000s. The subsequent cessation of the scheme in early 2010 has influenced the industry’s performance in the renovation and repair market over the past five years.For most of the past five years, industry revenue growth has been supported by strong demand from multi-unit apartment and townhouse construction, along with solid growth from commercial and industrial building markets...read more.

Industry Statistics & Market Size
Annual Growth 14-19
Forecast Growth 19-24
Market Share of Companies

Industry Threats & Opportunities

  • Revenue is forecast to decline due to weak demand from residential building construction
  • Rising environmental and energy consciousness has supported demand for industry services
  • Demand from residential building construction is forecast to recover in the long term
  • Industry Report - Industry Key Buyers Chapter

    The Insulation Services industry exhibits a low market concentration with the four largest firms contributing less than one-quarter of annual industry revenue. The industry has a highly fragmented structure and comprises many small-scale operators that compete for narrow geographic or specialist service markets. Low barriers to entry allow new businesses to enter the industry as profit conditions improve and leave when profitability decreases.The vast majority of enterprises employ fewer than 20 people, with over half of the businesses having no employees and comprising mainly sole proprietors and partners. Firms generally prefer to hire subcontractors if they need more labour. Som...purchase to read more.

    Additional Insights for the Insulation Services Industry

    IBISWorld has determined the most important Key Success Factors for the Insulation Services are:

  • Having a high profile in the market
  • Ability to franchise operations
  • Having an exclusive sales contract
  • IBISWorld analysts also discuss how external factors such as Demand from residential building construction and Demand from non-residential building construction in the Insulation Services industry impact industry performance..

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    What's in this report

    What is the Insulation Services Industry?

    Industry operators install, remove and reinstall insulation products for thermal  and acoustical protection of buildings, industrial and transport infrastructure, pipes, and industrial equipment.

    Industry Products
  • Fibreglass insulation services
  • Rock-wool insulation services
  • Polyester insulation services
  • Reflective insulation services
  • Cellulose, wool and other insulation services
  • Industry Activities
  • Installing thermal and acoustical insulation
  • Thermal insulation application
  • Removing older insulation materials
  • Preparing areas for insulation
  • Installing insulation materials
  • Measuring and cutting insulation batts and blankets
  • Sealing insulation materials
  • Table of Contents

    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Executive Summary
    Key External Drivers
  • Demand from residential building construction
  • Demand from non-residential building construction
  • Real household discretionary income
  • Consumer sentiment index
  • Demand from heavy industry and other non-building construction

  • Current Performance
  • Divergent demand conditions
  • Profitability tightens
  • Participation stabilises
  • Chart: Revenue Growth

  • Industry Outlook
  • Profit and job growth
  • Stronger building investment
  • Environmental concerns and competition
  • Table: Insulation Services Industry Revenue Outlook

  • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Insulation Services Industry Lifecycle vs The Economy

  • Supply Chains
    Key Buying Industries
  • Mining
  • House Construction
  • Multi-Unit Apartment and Townhouse Construction
  • Commercial and Industrial Building Construction
  • Institutional Building Construction
  • Integrated Logistics

  • Key Selling Industries
  • Ceramic Product Manufacturing
  • Glass Wool, Stone and Non-Metallic Mineral Product Manufacturing
  • Hardware Wholesaling
  • Synthetic and Natural Textile Manufacturing

  • Products & Services
  • Fibreglass insulation services
  • Rock-wool insulation services
  • Polyester insulation services
  • Cellulose, wool and other insulation services
  • Reflective insulation services
  • Chart: Insulation Services Industry Products and Services Segmentation

  • Demand Determinants
  • Construction and development
  • Environmental concerns
  • Government support

  • Major Markets
  • Residential building contractors and developers
  • Non-residential building contractors and developers
  • Engineering construction contractors and industrial operators
  • Renovation contractors and homeowners
  • Other industrial markets
  • Chart: Major Market Segmentation for the Insulation Services Industry

  • International Trade
    Business Locations
    Chart: Business Locations by State
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
  • Chart: Cost Structure Benchmarking – Sector vs Insulation Services

  • Basis of Competition
    Barriers to Entry
  • Table: Barrier to Entry Checklist for the Insulation Services Industry

  • Industry Globalization
    Kaefer Integrated Services Pty Ltd,
  • Table: Kaefer Integrated Services Pty Ltd - financial performance

  • Capital Intensity
  • Chart: Level of Capital Intensity for the Insulation Services Industry
  • Chart: Tools of the Trade: Growth Strategies for Success

  • Technology & Systems
    Revenue Volatility
  • Chart: Volatility vs Industry Growth

  • Regulation & Policy
    Industry Assistance
    Table: Industry Data for the Insulation Services Industry
  • Industry Revenue (2010-2024)
  • Industry Gross Product (2010-2024)
  • Establishments (2010-2024)
  • Businesses (2010-2024)
  • Employment (2010-2024)
  • Wages (2010-2024)

  • Table: Annual Percentage Change for Key Industry Data
    Table: Key Ratios for Industry Key Data
    Cryogenic Lagging
  • Refers to the installation of insulation around pipes and process equipment to restrict the inflow of atmospheric heat or to keep the liquid cold.
  • Energy Efficient Homes (Eeh)
  • A Federal Government program which mainly included subsidisation of the installation of insulation and solar hot water systems into existing homes.
  • Home Insulation Program (Hip)
  • A program funded under the EEH to subsidise the installation of ceiling insulation for existing homes. Discontinued in April 2010 amidst the controversy of fraudulent behaviour and safety issues.
  • Rock-Wool Insulation
  • Also known as mineral wool insulation, a fibrous material that is made of molten rock or slag and formed into blankets or batts to provide thermal insulation in ceilings and walls.
  • What Our Customers Say

    Why buy this report?

    IBISWorld’s Insulation Services market research report can be used to help you: understand market size and growth potential; major companies; draft business plans and pitch books; and conduct benchmarking and SWOT analysis. Our industry analysis highlights macro industry trends in the overall sector and micro trends faced by companies that do business in the industry. The industry report also provides key industry statistics and 5-year forecasts to anticipate future industry prospects so you can decide with confidence.

    IBISWorld industry market research reports enable you to:
    • Find out about key industry trends
    • Identify threats and opportunities
    • Inform your decisions for marketing, strategy and planning
    • Quickly build competitive intelligence
    This report on Insulation Services:
    • Provides Market Size information to assist with planning and strategic decisions.
    • Includes the necessary information to perform SWOT, PEST and STEER analysis.
    • Helps you understand market dynamics to give you a deeper understanding of industry competition and the supply chain.
    • Analyses key performance and operational metrics so that you can benchmark against your own business, that of your customers’ businesses, or your competitors’ businesses.
    The Insulation Services market research report includes:
    • Historical data and analysis for the key drivers of this industry
    • A five-year forecast of the market and noted trends
    • Detailed research and segmentation for the main products and markets
    • An assessment of the competitive landscape and market shares for major companies
    • And of course, much more

    IBISWorld reports on thousands of industries around the world. Our clients rely on our information and data to stay up-to-date on industry trends across all industries. With this IBISWorld Industry Research Report on Insulation Services, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

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