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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 $7.3 billion by 2027 with a CAGR of 6% from 2021 to 2027. The major drivers for this market are growth in HVAC systems and stringency in government regulations to increase energy efficiency.
HVAC Insulation Market by Component, Material, and End Use Industry
Emerging Trends in the HVAC Insulation Market
Emerging trends, which have a direct impact on the dynamics of the industry, include increasing demand for high temperature insulation and the growing use of eco-friendly materials.
A total of 137 figures / charts and 105 tables are provided in this 205-page report to help in your business decisions. Sample figures with insights are shown below. To learn the scope of benefits, companies researched, and other details of HVAC insulation market report, download the report brochure.
HVAC Insulation Market by Segments
HVAC Insulation Market by Segment
The study includes trends and forecast for the global HVAC insulation market by material, end use industry, component, and region as follows:
By Material [$M and Kilotons shipment analysis for 2016 – 2027]:
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]: By Region [$M and Kilotons shipment analysis for 2016 – 2027]: List of HVAC Insulation Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies HVAC insulation companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the HVAC insulation companies profiled in this report includes.
  • Kingspan
  • Saint-Gobain
  • Owens Corning
  • Johns Manville
  • Rockwool International
  • Armacell Engineered Foams
  • Knauf Insulation
  • Hira Industries
  • Arabian Fiberglass Insulation Co. Ltd.
  • Fletcher Insulation Pty Ltd.
HVAC Insulation Market Insight
  • Lucintel forecasts that fiberglass will remain the largest material segment, and it is also expected to witness the highest growth over the forecast period due to its easy availability and better flame retardant property.
  • Residential will remain the largest end use industry over the forecast period due to increasing awareness of energy efficiency and growth in demand for HVAC systems.
  • Asia Pacific is projected to remain the largest region, and it is also expected to witness the highest growth over the forecast period due to growth in residential and commercial construction activities and increasing awareness of energy efficiency to reduce energy cost.
Features of HVAC Insulation Market
  • Market Size Estimates: HVAC insulation market size estimation in terms of value ($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?

For any questions related to HVAC insulation market or related to ducting insulation, HVAC insulation market share, HVAC insulation market analysis, and HVAC insulation market size, write to Lucintel analysts at
helpdesk@lucintel.com. We will be glad to get back to you soon.
Table of Contents
1. Executive Summary
 
2. HVAC Insulation Market Background and Classifications
2.1: Introduction
2.2: Supply Chain
2.3: Industry Drivers and Challenges

3. Market Trends and Forecast Analysis from 2016 to 2027
3.1: Macroeconomic Trends and Forecast
3.2: HVAC Insulation Market Trends and Forecast
3.3: HVAC Insulation Market by Material
3.3.1: Stone Wool
3.3.2: Fiberglass
3.3.3: Plastic Foam
3.3.4: Others
3.4: HVAC Insulation Market by Component
3.4.1: Ducts
3.4.2: Pipes
3.5: HVAC Insulation Market by End Use Industry
3.5.1: Residential
3.5.2: Healthcare & Institutional Buildings
3.5.3: Manufacturing & Industrial Buildings
3.5.4: Office Buildings
3.5.5: Retail
3.5.6: Others

4. Market Trends and Forecast Analysis by Region
4.1: HVAC Insulation Market by Region
4.2: North American HVAC Insulation Market
4.2.1: Market by Material: Stone Wool, Fiberglass, Plastic Foam, and Others
4.2.2: Market by Component: Ducts and Pipes
4.3: European HVAC Insulation Market
4.3.1: Market by Material: Stone Wool, Fiberglass, Plastic Foam, and Others
4.3.2: Market by Component: Ducts and Pipes
4.4: APAC HVAC Insulation Market
4.4.1: Market by Material: Stone Wool, Fiberglass, Plastic Foam, and Others
4.4.2: Market by Component: Ducts and Pipes
4.5: ROW HVAC Insulation Market
4.5.1: Market by Material: Stone Wool, Fiberglass, Plastic Foam, and Others
4.5.2: Market by Component: Ducts and Pipes

5. Competitor Analysis
5.1: Product Portfolio Analysis
5.2: Market Share Analysis
5.3: Operational Integration
5.4: Geographical Reach
5.5: Porter’s Five Forces Analysis

6. Growth Opportunities and Strategic Analysis
6.1: Growth Opportunities Analysis
6.1.1: Growth Opportunities for the HVAC Insulation Market by Material
6.1.2: Growth Opportunities for the HVAC Insulation Market by Component
6.1.3: Growth Opportunities for the HVAC Insulation Market by End Use Industry
6.1.4: Growth Opportunities for the HVAC Insulation Market by Region
6.2: Emerging Trends in the HVAC Insulation Market
6.3: Strategic Analysis
6.3.1: New Product Development
6.3.2: Capacity Expansion of the Global HVAC Insulation Market
6.3.3: Certification and Licensing
6.3.4: Mergers, Acquisitions, and Joint Ventures in the Global HVAC Insulation Market
6.3.5: Technology Development

7. Company Profiles of Leading Players
7.1: Kingspan
7.2: Saint-Gobain
7.3: Owens Corning
7.4: Johns Manville
7.5: Rockwool International
7.6: Armacell Engineered Foams
7.7: Knauf Insulation
7.8: Hira Industries
7.9: Arabian Fiberglass Insulation Co. Ltd.
7.10: Fletcher Insulation Pty Ltd.
.

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137 figures/charts and 105 tables are provided in this 205 - page report
Lucintel has been in the business of market research and management consulting since 2000 and has published over 600 market intelligence reports in various markets / applications and served over 1,000 clients worldwide. This study is a culmination of four months of full-time effort performed by Lucintel's analyst team. The analysts used the following sources for the creation and completion of this valuable report:
  • In-depth interviews of the major players in this market
  • Detailed secondary research from competitors’ financial statements and published data 
  • Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
  • A compilation of the experiences, judgments, and insights of Lucintel’s professionals, who have analyzed and tracked this market over the years.
Extensive research and interviews are conducted in the supply chain of this market to estimate market share, market size, trends, drivers, challenges, and forecasts in the HVAC insulation market. The major insulation manufacturers are Johns Manville, Knauf Insulation, Saint Gobain, Owens Corning, Rockwool International, Kingspan Group,  Armacell, and others.
 
Below is a brief summary of the primary interviews that were conducted by job function for this report.
 
 
Thus, Lucintel compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. Lucintel then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process. The figure below is a graphical representation of Lucintel’s research process.
 

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