Crisis averted: Stability in the housing market has uplifted the industry from previous declinesAbstractDrywall & Insulation Installers in the US
Over the five years to 2017, demand for drywall and insulation installers has continued to rebound from its steep recessionary declines. The number of new housing starts is expected to increase at a remarkable rate; as contracts become less scarce and price-based competition tempers, the industry’s average profit margin is expected to recover from razor-thin levels. Over the past five years, the industry has benefited from government tax credits provided to homeowners who chose to invest in energy-efficient upgrades such as insulation installations using alternative, postconsumer materials. While nonresidential markets have lagged at times, demand for private nonresidential buildings will rise in 2017, spurring demand for industry services. Over the next five years, the Drywall and Insulation Installers industry will likely benefit from improvements in all major downstream markets, which include home builders, apartment and condominium construction, industrial building construction, commercial building construction and apartment rentals.
Companies in this industry primarily engage in drywall, plasterwork and building insulation work. Plasterwork involves applying plain or ornamental plaster as well as installing lath. Industry operators are contracted for work on new buildings, additions, alterations, maintenance and repairs.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.