The HVAC Insulation Market Report 2017 is a professional and in-depth study on the current state of the HVAC Insulation Market insight. Report provides market size, share, growth, trend, supplier, top player, manufacturer, demand, outlook, opportunities, competitors, production, revenue analysis forecast to 2021 from 2017.
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The global HVAC insulation market size is estimated to reach USD 5.29 billion by 2021 at a CAGR of 8.20%. With the rising per capita income, the standard of living is also increasing, which further translates to the rising demand for comfort and safety requirements among consumers.
HVAC system is among these key requirements, which maintains internal ambience and comfort of a building. However, a huge amount of energy is required to run the HVAC system of a building.
Therefore, insulation of the HVAC system is a key remedy to reduce the energy consumption of HVAC system in order to improve energy efficiency of the building.
Global HVAC Insulation System Market Companies Mentioned In Report: Saint Gobain S.A. (France), PPG Industries Inc. (U.S.), Owen Corning Corporation (U.S.), Rockwool International A/S (Denmark), Armacell International S.A. (Germany), Johns Manville Corporation (U.S), Xiamen Goot Advanced Material Co., Ltd. (China), L'ISOLANTE K-FLEX S.p.A. (Italy), Glassrock Insulation Co S.A.E (Egypt), Knauf Insulation (Belgium), Arabian Fiberglass Insulation Co., Ltd. (Saudi Arabia), Fletcher Insulation Pty Ltd. (Australia), Kingspan Group plc (Ireland), Kuwait Insulating Material Manufacturing Co. (Kuwait), Paroc Group OY (Finland).
HVAC insulations are used in various applications, such as residential, commercial, and industrial buildings. In 2015, the commercial segment accounted for the largest market share among all the applications, in terms of value, due to the larger size of HVAC systems used in these buildings and their consequently higher cost.
Among all the applications, residential is estimated to register the highest CAGR between 2016 and 2021 in terms of value.
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In 2015, Asia-Pacific is estimated to account for the largest market share, and is estimated to remain the market leader during the forecast period. High growth of the construction industry in China, India, Indonesia, and Australia resulted in an increased demand for HVAC insulation in both residential and non-residential building applications.
This growth is further supported by the increasing energy efficiency awareness in the emerging countries of Asia-Pacific. China accounted for the largest market share in this region due to the huge construction industry of the country.
Other emerging economies, such as India, Indonesia, UAE, and Saudi Arabia are the markets which are projected to grow rapidly.
- HVAC Insulation Market in Asia-Pacific
- U.S. Leads the HVAC Insulation Market
- HVAC Insulation Market: Developed vs Developing Nations
- Lifecycle Analysis, By Region
- Market Segmentation
- By Type
- By Application
- By Region
- Market Dynamics
- Rising Growth of Construction Industry
- Increasing Demand of HVAC Systems
- Lack of Awareness for Building Energy Efficiency
- Stringent Government Regulations Encouraging Energy Efficiency
- Lack of Proper Disposal & Recycling Technique for Glass Wool
- Evolved UMTS Terrestrial Radio Access Network (E-UTRAN)
- Evolved Packet Core
- End-Use Devices
HVAC Insulation Market By Services:
- Value Chain Analysis
- Porter’s Five Forces Analysis
- Bargaining Power of Suppliers
- Bargaining Power of Buyers
- Threat of Substitutes
- Threat of New Entrants
- Intensity of Competitive Rivalry
Macro-Economic Overview and Key Drivers:
- Trends and Forecast of GDP
- Trends and Forecast of Construction Industry
- Trends and Forecast of Construction Industry in North America
- Trends and Forecast of Construction Industry in Europe
- Trends and Forecast of Construction Industry in Asia-Pacific
- Trends and Forecast of Construction Industry in Lamea
HVAC Insulation Market, By Type:
- Glass Wool
- Stone Wool
- Phenolic Foam
- Elastomeric Foam
HVAC Insulation System, By Application:
HVAC Insulation System, By Geography:
- North America
- South America
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This report segments the HVAC insulation market comprehensively and provides the closest approximations of the revenue numbers for the overall market and the sub segments across the different verticals and regions. It will help stakeholders to understand the dynamic of the market and provide them information on key market drivers, restraints, challenges, and opportunities.