Insulation can be found in buildings, refrigeration and a multitude of other end use products, and is used for floatation and transportation.
From an environmental standpoint, when insulation products such as Polyiso are used in building and construction, the purpose of the insulation is to stop the flow of air (hot or cold) through the exterior walls and roofs of a building. Reducing the air transfer reduces the amount of energy required to regulate a building’s heating and cooling system. As a result, the insulation has a direct impact on the cost and use of energy to run that building.
Beyond its sustainability and environmental attributes, a new report, “The Contributions Insulation to the U.S. Economy in 2017,” produced by the American Chemistry Council (ACC), shows that the insulation industry contributes significantly to the U.S. economy. In fact, the industry generates more than 500,000 jobs and $30 billion a year in payrolls.
“This report makes clear that the business of manufacturing, distributing and installing insulation generates significant economic output and creates jobs across the country,” says Martha Gilchrist Moore, senior director of policy analysis and economics at ACC and author of the report. The impact is significant and key findings about the insulation industry’s contributions to the U.S. economy are detailed in the infographic below.
For extended details on the economic contributions, insulation industry segments, and more view the full study here.