According to IMARC Group’s latest report, titled “HVAC Insulation Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027”, the global HVAC insulation market reached a value of US$ 4.1 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 6.0 Billion by 2027, exhibiting a CAGR of 6.57% during 2022-2027. Heating, ventilation and air conditioning (HVAC) insulation lowers the internal thermal load and prevents the risk of overheating of water vapor and condensation on cold surfaces. HVAC insulation is manufactured using several raw materials, such as stone wool, glass wool, phenolic foam, and elastomeric foam. The insulation helps protect the building against extreme temperature fluctuations and provides a healthy and comfortable environment for the inhabitants. As a result, the HVAC insulation is largely used in airports, schools, hospitals, and residential buildings across the globe.
We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
Request a Free PDF Sample of the Report: https://www.imarcgroup.com/hvac-insulation-market/requestsample
HVAC Insulation Market Trends and Drivers:
The rapidly expanding construction industry has significantly facilitated the demand for HVAC systems, which represents one of the key factors driving the market growth. The increasing environmental awareness and the rising demand for energy-efficient data centers are providing an impetus to the market growth. The governments of various nations are implementing stringent regulations to reduce energy consumption, which is creating a positive outlook for the market.
HVAC Insulation Market 2022-2027 Competitive Analysis and Segmentation:
Competitive Landscape With Key Players:
The competitive landscape of the HVAC insulation market has been studied in the report with the detailed profiles of the key players operating in the market.
Some of these key players include:
- Arabian Fiberglass Insulation Company Ltd.
- Armacell International Holding GmbH
- Compagnie de Saint-Gobain S.A.
- Fletcher Insulation Pty Limited
- Glassrock Insulation Co. S.A.E
- Johns Manville Corporation (Berkshire Hathaway Inc.)
- Kingspan Group Plc
- Knauf Insulation Inc.
- Kuwait Insulating Material Manufacturing Co.
- L’ISOLANTE K-FLEX S.p.A.
- Owens Corning
- PPG Industries Inc.
- Rockwool International A/S
Key Market Segmentation:
The report has segmented the global HVAC insulation market on the basis of material type, product type, application and region.
Breakup by Material Type:
- Glass Wool
- Stone Wool
- Phenolic Foam
- Elastomeric Foam
- Others
Breakup by Product Type:
Breakup by Application:
- Residential
- Commercial
- Industrial
Breakup by Region:
- North America (United States, Canada)
- Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
- Europe (Germany, France, United Kingdom, Italy, Spain, Others)
- Latin America (Brazil, Mexico, Others)
- Middle East and Africa (Egypt, United Arab Emirates, Saudi Arabia, Turkey, Qatar, Iran, Others)
Ask Analyst for Customization and Explore Full Report With TOC & List of Figures: https://www.imarcgroup.com/request?type=report&id=2832&flag=C
Key Highlights of the Report:
- Market Performance (2016-2021)
- Market Outlook (2022-2027)
- Market Trends
- Market Drivers and Success Factors
- Impact of COVID-19
- Value Chain Analysis
- Comprehensive mapping of the competitive landscape
If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
About Us
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
Our offerings include comprehensive market intelligence in the form of research reports, production cost reports, feasibility studies, and consulting services. Our team, which includes experienced researchers and analysts from various industries, is dedicated to providing high-quality data and insights to our clientele, ranging from small and medium businesses to Fortune 1000 corporations.
Contact US:
IMARC Group
30 N Gould St, Ste R
Sheridan, WY 82801, USA
Website: https://www.imarcgroup.com/
Email: [email protected]
Americas: +1-631-791-1145 | Europe & Africa: +44-753-713-2163 | Asia: +91-120-433-0800
