HVAC Insulation Market Study by Application, Segmentation and Regional Outlook to 2025

HVAC Insulation Market report provides a comprehensive landscape of the industry, accurate market estimates and forecast split by product, application, technology, region and end-use (one or more / all of these segments, as applicable). All quantitative information is covered on a regional as well as country basis. The report provides valuable strategic insights on the HVAC Insulation Industry, analyzing in detail industry impact forces including growth drivers, pitfalls and regulation evolution. The report also includes a detailed outlook on the HVAC Insulation Market competitive environment, diving into the industry position of each major company along with the strategic landscape.

High disposable income and multiple features embedded in new systems offering superior performance are escalating the global HVAC insulation market share over the study timeframe. Increasing government support for the construction sector coupled with awareness to reduce energy consumption will proliferate the volume growth. However, the high costs associated with the installation and maintenance of the systems can limit the industry size.

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Technological advancements in HVAC systems including dual fuel heat pump, energy analysis software and thermally driven air conditioning are escalating the volume size. Industry participants are engaged in new product launches to attract customers and expand their product portfolio. For instance, in June 2018, Rockwool International A/S showcased the launch of new DUCTROCK insulation. The new product embedded with fire-resistant materials finds application in multiple ventilation ducts that will stimulate the global HVAC insulation market growth from 2019 to 2025.

Asia Pacific shall account for significant share in the global HVAC insulation market size owing to the increasing industrial and construction sector in the region. Countries including China and India provide international investors with supportive FDI and trade policies. The rising population along with increasing product manufacturing units shall lead to increasing use of HVAC insulation in the region, which in turn will propel the industry growth over the forecast timeframe. Moreover, major construction projects in China including Beijing international airport expansion and Lingang New City will further influence the industry expansion.

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Few of the key players in global HVAC insulation market include Johns Manville Corporation, Rockwool International A/S, Owen Corning Corporation, Knauf Insulation, Armacell International S.A. and Saint Gobain. Industry players are involved in strategic mergers & acquisitions to expand their revenue pockets. For instance, in May 2018, Armacell International S.A announced the acquisition of Guangdong De Xu Insulation Materials Co. Ltd. This acquisition will enhance the production capacity to cope up with the increasing consumer demands and strengthen the regional presence of the company.

The data in this HVAC Insulation Market research is collated via multiple channels including but not limited to primary and secondary sources, databases, business specific references and others.  The study aims to offer not only commercial data but also includes analysis of important factors, technical as well as market-oriented insights. Players in the HVAC Insulation Market including established companies, new entrants and everyone in between this industry chain covering suppliers, experts, manufacturers, service providers, traders, distributors, consumers / clients and others may find value in this research.

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