The Insulation Services industry has endured extremely volatile conditions over the past five years due to government intervention and a faltering construction market. Industry revenue has declined by an annualised 2.5% over the five years through 2012-13 despite record levels of growth in the industry in 2008-09 and 2009-10 due to the introduction of the Home Insulation Program by the Federal Government. The program was withdrawn in 2010 causing a dramatic drop in industry revenue as the industry became far less lucrative in conjunction with subdued construction levels due to the global financial crisis.
Operators in the Insulation Services industry install, remove and reinstall insulation products for thermal and acoustical protection of buildings, industrial and transport infrastructure, pipes and industrial equipment.
The report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecast, growth rates and an analysis of the industry key players and their market shares.