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Commercial Insulation Market Demand

The U.S. commercial insulation market reached $5.7 billion in net manufacturer revenue for 2022, growing 8.2% by volume mainly driven by commercial repair and remodeling (R&R) activity. Looking forward through 2025, commercial insulation demand is forecasted to decline 3.1% by volume. The volume growth seen over the last two years will be reversed to pre-pandemic levels, driven by the economic downturn and its effect on commercial construction.