HVAC Insulation Market Trends: Trends, Opportunities and Competitive Analysis

HVAC Insulation Market Trends: Trends, Opportunities and Competitive Analysis

HVAC Insulation Market Trends and Forecast

The future of the global HVAC insulation market looks attractive with opportunities in the residential and non-residential industries. The global HVAC insulation market is forecast to reach $7.3 billion by 2027 with a CAGR of 6% from 2021 to 2027. The major drivers for this market are growth in HVAC systems and stringency in government regulations to increase energy efficiency.

Emerging Trends in the HVAC Insulation Market

Emerging trends, which have a direct impact on the dynamics of the industry, include increasing demand for high temperature insulation and the growing use of eco-friendly materials.

A total of 137 figures / charts and 105 tables are provided in this 205-page report to help in your business decisions. Sample figures with insights are shown below. To learn the scope of benefits, companies researched, and other details of HVAC insulation market report, download the report brochure.

HVAC Insulation Market by Segment

The study includes trends and forecast for the global HVAC insulation market by material, end use industry, component, and region as follows:

By Material [$M and Kilotons shipment analysis for 2016 – 2027]:

• Fiberglass
• Plastic Foam
• Stone Wool
• Others

By End Use Industry [$M and Kilotons shipment analysis for 2016 – 2027]:

• Residential
• Healthcare and Institutional
• Manufacturing and Industrial
• Offices
• Retail
• Others

By Component [$M and Kilotons shipment analysis for 2016 – 2027]:

• Ducts
• Pipes

By Region [$M and Kilotons shipment analysis for 2016 – 2027]:

• North America
• United States
• Canada
• Mexico
• Europe
• United Kingdom
• France
• Germany
• Italy
• Asia Pacific
• China
• Japan
• India
• Rest of the World

List of HVAC Insulation Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies HVAC insulation companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the HVAC insulation companies profiled in this report includes.

• Kingspan
• Saint-Gobain
• Owens Corning
• Johns Manville
• Rockwool International
• Armacell Engineered Foams
• Knauf Insulation
• Hira Industries
• Arabian Fiberglass Insulation Co. Ltd.
• Fletcher Insulation Pty Ltd.

HVAC Insulation Market Insight

• Lucintel forecasts that fiberglass will remain the largest material segment, and it is also expected to witness the highest growth over the forecast period due to its easy availability and better flame retardant property.
• Residential will remain the largest end use industry over the forecast period due to increasing awareness of energy efficiency and growth in demand for HVAC systems.
• Asia Pacific is projected to remain the largest region, and it is also expected to witness the highest growth over the forecast period due to growth in residential and commercial construction activities and increasing awareness of energy efficiency to reduce energy cost.

Features of HVAC Insulation Market

• Market Size Estimates: HVAC insulation market size estimation in terms of value ($M) and volume (kilotons)
• Trend and Forecast Analysis: Market trends (2016-2021) and forecast (2022-2027) by various segments and regions.
• Segmentation Analysis: HVAC insulation market size by various segments, such as end use industry, material, and component, in terms of value and volume.
• Regional Analysis: HVAC insulation market breakdown by North America, Europe, Asia Pacific, and the Rest of the World.
• Growth Opportunities: Analysis of growth opportunities in various end uses, materials, components, and regions for the HVAC insulation market.
• Strategic Analysis: This includes M&A, new product development, and competitive landscape for the HVAC insulation market.
• Analysis of competitive intensity of the industry based on Porter’s Five Forces model.

FAQ

Q1. What is the HVAC insulation market size?

Answer: The global HVAC insulation market is expected to reach an estimated $7.3 billion by 2027.

Q2. What is the growth forecast for HVAC insulation market?

Answer: The HVAC insulation market is expected to grow at a CAGR of 6% from 2021 to 2027.

Q3. What are the major drivers influencing the growth of the HVAC insulation market?

Answer: The major drivers for this market are growth in HVAC systems and stringency in government regulations to increase energy efficiency.

Q4. What are the major applications or end use industries for HVAC insulation?

Answer: Residential and healthcare and institutional are the major end use industries for HVAC insulation market.

Q5. What are the emerging trends in HVAC insulation market?

Answer: Emerging trends, which have a direct impact on the dynamics of the industry, include increasing demand for high temperature insulation and the growing use of eco-friendly materials.

Q6. Who are the key HVAC insulation companies?

Answer: Some of the key HVAC insulation companies are as follows:

• Kingspan
• Saint-Gobain
• Owens Corning
• Johns Manville
• Rockwool International
• Armacell Engineered Foams
• Knauf Insulation
• Hira Industries
• Arabian Fiberglass Insulation Co. Ltd.
• Fletcher Insulation Pty Ltd.

Q7.Which HVAC insulation material segment will be the largest in future?

Answer: Lucintel forecasts that fiberglass will remain the largest material, and it is also expected to witness the highest growth over the forecast period due to its easy availability and better flame retardant property.

Q8: In HVAC insulation market, which region is expected to be the largest in next 5 years?

Answer: Asia Pacific is expected to remain the largest region and witness the highest growth over next 5 years.

Q9. Do we receive customization in this report?

Answer: Yes, Lucintel provides 10% Customization Without any Additional Cost.

This report answers following 11 key questions

Q.1.What are some of the most promising, high-growth opportunities for the global HVAC insulation market by material (fiberglass, plastic foam, stone wool, and others), component (ducts and pipes), end use (residential, healthcare and institutional, manufacturing and industrial, office, retail, and others), and region (North America, Europe, APAC, and ROW)?

Q.2.Which product segments will grow at a faster pace and why?

Q.3.Which region will grow at a faster pace and why?

Q.4.What are the key factors affecting market dynamics? What are the drivers and challenges in the market?

Q.5.What are the business risks and competitive threats in this market?

Q.6.What are the emerging trends in this market and reasons behind them?

Q.7.What are some changing demands of customers in the market?

Q.8.What are the new developments in the market and which companies are leading these developments?

Q.9.Who are the major players in this market? What strategic initiatives are being implemented by key players for business growth?

Q.10. What are some of the competitive products in this market, and how great a threat do they pose for loss of market share through product substitution?

Q.11. What M & A activities have transpired in the last five years in this market and what impact have these activities had on the industry?

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