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The Impact of COVID-19 is included in HVAC Insulation Market Trends. Buy it today to get an advantage.

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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 6.0% 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, 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.

HVAC Insulation Market

In this market, residential is the largest end use market, whereas duct is largest in component type. Growth in various segment of the HVAC Insulation market are given below:

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 from 2016 – 2027]:

  • Fiberglass
  • Plastic Foam
  • Stone Wool
  • Others

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

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

By Component [$M and Kilotons shipment analysis from 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
  • The Rest of the World
Some of the HVAC insulation companies profiled in this report include Kingspan, Saint-Gobain, Owens Corning, Johns Manville, Knauf Insulation, Armacell Engineered Foams, and Rockwool.

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.
Residential will remain the largest end use industry over the forecast period due to increasing awareness towards energy efficiency and growth in demand for HVAC systems.
Asia Pacific will 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 for energy efficiency to reduce energy cost.
Features of the 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 on growth opportunities in different end use market, material, component, 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.
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 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?
Key Features Description
Base Year for Estimation 2021
Trend Period
(Actual Estimates)
Forecast Period 2022-2027
Pages 205
Market Representation / Units Revenue in US $ Million and Volume (kilotons)
Report Coverage Market Trends & Forecasts, Competitor Analysis, New Product Development, Company Expansion, Merger Acquisitions & Joint Venture, and Company Profiling
Market Segments By component (Duct and Pipe ), by End Use Industry (Residential, Healthcare and Institutional, Office, etc.), By Material (Stone Wool, Fiber Glass, Plastic Foam, and Others)
Regional Scope North America (The United States, Mexico, Canada), Europe (Germany, Italy, France, UK), Asia Pacific (China, Japan, and India), and RoW
Customization 10% Customization Without any Additional Cost

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 2014 to 2025 
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: Duct
3.4.2: Pipe
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 : Duct and Pipe 
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 : Duct and Pipe
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 : Duct and Pipe
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 : Duct and Pipe

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 HVAC Insulation Market
6.3.3: Certification and Licensing
6.3.4: Mergers, Acquisitions and Joint Ventures in the  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 Insualation 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 1000 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 across the supply chain of this market to estimate market share, market size, trends, drivers, challenges, and forecasts. 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.