UK: A report has revealed that the UK's insulation market experienced growth in 2010 after declining in 2009. Research and Markets' 'Building Insulation Market - UK 2011-2015' also reveals that insulation is expected to reach an estimated market size of Euro1.16m by 2015.
The report also says that the UK insulation market will continue to be underpinned by the Carbon Emissions Reduction Target, the Green Deal and new building regulations. The largest market sector in 2010 was mineral wool insulation.
The report comes at the same time as figures were released by the Department of Energy and Climate Change, which show that just 57% of Britain's roofs are fitted with proper loft insulation and only 58% of buildings have cavity insulation.
The UK energy and climate change secretary Chris Huhne said, "At a time when money is tight and with energy prices predicted to rise, householders are missing out on over Euro110 of savings every single year by not getting their lofts lagged and cavity walls filled." The government hopes that an additional three million homes will be fitted with insulation by the end of 2012.
