HVAC Insulation Market 2020-2025; Global Industry Analysis With Top Companies

According to IMARC Group’s latest report, titled “HVAC Insulation Market: Global Industry Analysis Forecast 2020-2025,” the global HVAC insulation market grew at a CAGR of 7% during 2014-2019. Looking forward, IMARC Group expects the global market to continue its moderate growth during the next five years.

Heating, ventilation, and air conditioning (HVAC) insulation protects a building against extreme temperature fluctuations and offers a comfortable and healthy environment for inhabitants. It also reduces the internal thermal load, preventing the risk of overheating and icing of water vapor and condensation on cold surfaces. As a result, it finds applications in airports, schools, hospitals, and residential and commercial buildings.



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Growth Drivers:

The expanding construction industry is inducing the growth of the HVAC insulation market. The system is non-combustible, saves overall operating and maintenance costs, and provides low thermal conductivity; consequently, it is widely deployed at public places like hotels, malls, and airports. Moreover, the implementation of stringent regulations by several government bodies across countries to spread awareness for minimizing energy consumption and environmental impacts of buildings is also bolstering the market growth. Furthermore, extensive product adoption in the automotive industry to reduce heat accumulation and improve fuel economy and passenger comfort fosters the product sales. Additionally, the coronavirus (COVID-19) outbreak has escalated its application in healthcare facilities to maintain a sterilized environment and control temperature and humidity levels. Besides this, the increasing demand for energy-efficient data centers is further expected to drive the HVAC insulation market growth.

HVAC Insulation Market 2020-2025 Competitive Analysis and Segmentation:

Competitive Landscape:

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

The report has segmented the 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:
Ducts
Pipes
Others

Breakup by Application:
Residential
Commercial
Industrial

Breakup by Region:
North America
United States
Canada

Asia Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others

Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others

Latin America
Brazil
Mexico
Others

Middle East and Africa

Explore full report with table of contents @ https://www.imarcgroup.com/hvac-insulation-market

Key highlights of the report:
Market Performance (2014-2019) 
Market Outlook (2020- 2025)
Market Drivers and Success Factors
Value Chain
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.

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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.

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