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HVAC Insulation Market Report by Material Type, Product Type, Application, and Region 2024-2032

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    Report

  • 135 Pages
  • August 2024
  • Region: Global
  • IMARC Group
  • ID: 5615257
Description Jump to:
The global HVAC insulation market size reached US$ 4.6 Billion in 2023. Looking forward, the publisher expects the market to reach US$ 7.8 Billion by 2032, exhibiting a growth rate (CAGR) of 6.04% during 2023-2032.

Heating, ventilation and air conditioning (HVAC) insulation helps protect the building against extreme temperature fluctuations and provides a comfortable and healthy environment for inhabitants. It also lowers the internal thermal load, which prevents the risk of overheating and icing of water vapor and condensation on cold surfaces. Consequently, HVAC insulation finds applications in schools, hospitals, airports, and residential and commercial buildings across the globe.

HVAC Insulation Market Trends:

On account of the rising environmental concerns, governing agencies of various countries are implementing stringent regulations to reduce energy consumption. They are also working with international and non-governmental organizations (NGOs) to generate awareness and minimize the environmental impacts of buildings. This, in confluence with the growing construction industry, represents one of the key factors bolstering the global HVAC insulation market growth. Apart from this, HVAC insulation is non-combustible, saves overall operating and maintenance costs, and offers low thermal conductivity.

As a result, its demand is escalating, especially in public places like hotels, malls and airports. Apart from this, as it provides a high level of acoustic and thermal performance, it is widely employed in the automotive industry to reduce heat accumulation and enhance fuel economy and passenger comfort. This, along with the escalating demand for energy-efficient data centers, is anticipated to influence the market positively.

Key Market Segmentation:

The publisher provides an analysis of the key trends in each sub-segment of the global HVAC insulation market report, along with forecasts at the global, regional and country level from 2024-2032. Our report has categorized the market based on material type, product type and application.

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

Competitive Landscape:

The report has also analysed the competitive landscape of the market with some of the key players being 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. and Rockwool International A/S.

Key Questions Answered in This Report:

  • How has the global HVAC insulation market performed so far and how will it perform in the coming years?
  • What has been the impact of COVID-19 on the global HVAC insulation market?
  • What are the key regional markets?
  • What is the breakup of the market based on the material type?
  • What is the breakup of the market based on the product type?
  • What is the breakup of the market based on the application?
  • What are the various stages in the value chain of the industry?
  • What are the key driving factors and challenges in the industry?
  • What is the structure of the global HVAC insulation market and who are the key players?
  • What is the degree of competition in the industry?

Table of Contents

1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global HVAC Insulation Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast
6 Market Breakup by Material Type
6.1 Glass Wool
6.1.1 Market Trends
6.1.2 Market Forecast
6.2 Stone Wool
6.2.1 Market Trends
6.2.2 Market Forecast
6.3 Phenolic Foam
6.3.1 Market Trends
6.3.2 Market Forecast
6.4 Elastomeric Foam
6.4.1 Market Trends
6.4.2 Market Forecast
6.5 Others
6.5.1 Market Trends
6.5.2 Market Forecast
7 Market Breakup by Product Type
7.1 Ducts
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 Pipes
7.2.1 Market Trends
7.2.2 Market Forecast
7.3 Others
7.3.1 Market Trends
7.3.2 Market Forecast
8 Market Breakup by Application
8.1 Residential
8.1.1 Market Trends
8.1.2 Market Forecast
8.2 Commercial
8.2.1 Market Trends
8.2.2 Market Forecast
8.3 Industrial
8.3.1 Market Trends
8.3.2 Market Forecast
9 Market Breakup by Region
9.1 North America
9.1.1 United States
9.1.1.1 Market Trends
9.1.1.2 Market Forecast
9.1.2 Canada
9.1.2.1 Market Trends
9.1.2.2 Market Forecast
9.2 Asia Pacific
9.2.1 China
9.2.1.1 Market Trends
9.2.1.2 Market Forecast
9.2.2 Japan
9.2.2.1 Market Trends
9.2.2.2 Market Forecast
9.2.3 India
9.2.3.1 Market Trends
9.2.3.2 Market Forecast
9.2.4 South Korea
9.2.4.1 Market Trends
9.2.4.2 Market Forecast
9.2.5 Australia
9.2.5.1 Market Trends
9.2.5.2 Market Forecast
9.2.6 Indonesia
9.2.6.1 Market Trends
9.2.6.2 Market Forecast
9.2.7 Others
9.2.7.1 Market Trends
9.2.7.2 Market Forecast
9.3 Europe
9.3.1 Germany
9.3.1.1 Market Trends
9.3.1.2 Market Forecast
9.3.2 France
9.3.2.1 Market Trends
9.3.2.2 Market Forecast
9.3.3 United Kingdom
9.3.3.1 Market Trends
9.3.3.2 Market Forecast
9.3.4 Italy
9.3.4.1 Market Trends
9.3.4.2 Market Forecast
9.3.5 Spain
9.3.5.1 Market Trends
9.3.5.2 Market Forecast
9.3.6 Russia
9.3.6.1 Market Trends
9.3.6.2 Market Forecast
9.3.7 Others
9.3.7.1 Market Trends
9.3.7.2 Market Forecast
9.4 Latin America
9.4.1 Brazil
9.4.1.1 Market Trends
9.4.1.2 Market Forecast
9.4.2 Mexico
9.4.2.1 Market Trends
9.4.2.2 Market Forecast
9.4.3 Others
9.4.3.1 Market Trends
9.4.3.2 Market Forecast
9.5 Middle East and Africa
9.5.1 Market Trends
9.5.2 Market Breakup by Country
9.5.3 Market Forecast
10 SWOT Analysis
10.1 Overview
10.2 Strengths
10.3 Weaknesses
10.4 Opportunities
10.5 Threats
11 Value Chain Analysis
12 Porters Five Forces Analysis
12.1 Overview
12.2 Bargaining Power of Buyers
12.3 Bargaining Power of Suppliers
12.4 Degree of Competition
12.5 Threat of New Entrants
12.6 Threat of Substitutes
13 Price Analysis
14 Competitive Landscape
14.1 Market Structure
14.2 Key Players
14.3 Profiles of Key Players
14.3.1 Arabian Fiberglass Insulation Company Ltd.
14.3.1.1 Company Overview
14.3.1.2 Product Portfolio
14.3.2 Armacell International Holding GmbH
14.3.2.1 Company Overview
14.3.2.2 Product Portfolio
14.3.3 Compagnie de Saint-Gobain S.A.
14.3.3.1 Company Overview
14.3.3.2 Product Portfolio
14.3.3.3 Financials
14.3.3.4 SWOT Analysis
14.3.4 Fletcher Insulation Pty Limited
14.3.4.1 Company Overview
14.3.4.2 Product Portfolio
14.3.5 Glassrock Insulation Co. S.A.E
14.3.5.1 Company Overview
14.3.5.2 Product Portfolio
14.3.6 Johns Manville Corporation (Berkshire Hathaway Inc.)
14.3.6.1 Company Overview
14.3.6.2 Product Portfolio
14.3.7 Kingspan Group Plc
14.3.7.1 Company Overview
14.3.7.2 Product Portfolio
14.3.7.3 Financials
14.3.7.4 SWOT Analysis
14.3.8 Knauf Insulation Inc.
14.3.8.1 Company Overview
14.3.8.2 Product Portfolio
14.3.9 Kuwait Insulating Material Manufacturing Co.
14.3.9.1 Company Overview
14.3.9.2 Product Portfolio
14.3.10 L'ISOLANTE K-FLEX S.p.A.
14.3.10.1 Company Overview
14.3.10.2 Product Portfolio
14.3.10.3 Financials
14.3.11 Owens Corning
14.3.11.1 Company Overview
14.3.11.2 Product Portfolio
14.3.11.3 Financials
14.3.11.4 SWOT Analysis
14.3.12 PPG Industries Inc.
14.3.12.1 Company Overview
14.3.12.2 Product Portfolio
14.3.12.3 Financials
14.3.12.4 SWOT Analysis
14.3.13 Rockwool International A/S
14.3.13.1 Company Overview
14.3.13.2 Product Portfolio
14.3.13.3 Financials
14.3.13.4 SWOT Analysis
List of Figures
Figure 1: Global: HVAC Insulation Market: Major Drivers and Challenges
Figure 2: Global: HVAC Insulation Market: Sales Value (in Billion US$), 2018-2023
Figure 3: Global: HVAC Insulation Market: Breakup by Material Type (in %), 2023
Figure 4: Global: HVAC Insulation Market: Breakup by Product Type (in %), 2023
Figure 5: Global: HVAC Insulation Market: Breakup by Application (in %), 2023
Figure 6: Global: HVAC Insulation Market: Breakup by Region (in %), 2023
Figure 7: Global: HVAC Insulation Market Forecast: Sales Value (in Billion US$), 2024-2032
Figure 8: Global: HVAC Insulation (Glass Wool) Market: Sales Value (in Million US$), 2018 & 2023
Figure 9: Global: HVAC Insulation (Glass Wool) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 10: Global: HVAC Insulation (Stone Wool) Market: Sales Value (in Million US$), 2018 & 2023
Figure 11: Global: HVAC Insulation (Stone Wool) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 12: Global: HVAC Insulation (Phenolic Foam) Market: Sales Value (in Million US$), 2018 & 2023
Figure 13: Global: HVAC Insulation (Phenolic Foam) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 14: Global: HVAC Insulation (Elastomeric Foam) Market: Sales Value (in Million US$), 2018 & 2023
Figure 15: Global: HVAC Insulation (Elastomeric Foam) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 16: Global: HVAC Insulation (Other Material Types) Market: Sales Value (in Million US$), 2018 & 2023
Figure 17: Global: HVAC Insulation (Other Material Types) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 18: Global: HVAC Insulation (Ducts) Market: Sales Value (in Million US$), 2018 & 2023
Figure 19: Global: HVAC Insulation (Ducts) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 20: Global: HVAC Insulation (Pipes) Market: Sales Value (in Million US$), 2018 & 2023
Figure 21: Global: HVAC Insulation (Pipes) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 22: Global: HVAC Insulation (Other Product Types) Market: Sales Value (in Million US$), 2018 & 2023
Figure 23: Global: HVAC Insulation (Other Product Types) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 24: Global: HVAC Insulation (Residential) Market: Sales Value (in Million US$), 2018 & 2023
Figure 25: Global: HVAC Insulation (Residential) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 26: Global: HVAC Insulation (Commercial) Market: Sales Value (in Million US$), 2018 & 2023
Figure 27: Global: HVAC Insulation (Commercial) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 28: Global: HVAC Insulation (Industrial) Market: Sales Value (in Million US$), 2018 & 2023
Figure 29: Global: HVAC Insulation (Industrial) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 30: North America: HVAC Insulation Market: Sales Value (in Million US$), 2018 & 2023
Figure 31: North America: HVAC Insulation Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 32: United States: HVAC Insulation Market: Sales Value (in Million US$), 2018 & 2023
Figure 33: United States: HVAC Insulation Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 34: Canada: HVAC Insulation Market: Sales Value (in Million US$), 2018 & 2023
Figure 35: Canada: HVAC Insulation Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 36: Asia Pacific: HVAC Insulation Market: Sales Value (in Million US$), 2018 & 2023
Figure 37: Asia Pacific: HVAC Insulation Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 38: China: HVAC Insulation Market: Sales Value (in Million US$), 2018 & 2023
Figure 39: China: HVAC Insulation Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 40: Japan: HVAC Insulation Market: Sales Value (in Million US$), 2018 & 2023
Figure 41: Japan: HVAC Insulation Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 42: India: HVAC Insulation Market: Sales Value (in Million US$), 2018 & 2023
Figure 43: India: HVAC Insulation Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 44: South Korea: HVAC Insulation Market: Sales Value (in Million US$), 2018 & 2023
Figure 45: South Korea: HVAC Insulation Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 46: Australia: HVAC Insulation Market: Sales Value (in Million US$), 2018 & 2023
Figure 47: Australia: HVAC Insulation Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 48: Indonesia: HVAC Insulation Market: Sales Value (in Million US$), 2018 & 2023
Figure 49: Indonesia: HVAC Insulation Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 50: Others: HVAC Insulation Market: Sales Value (in Million US$), 2018 & 2023
Figure 51: Others: HVAC Insulation Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 52: Europe: HVAC Insulation Market: Sales Value (in Million US$), 2018 & 2023
Figure 53: Europe: HVAC Insulation Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 54: Germany: HVAC Insulation Market: Sales Value (in Million US$), 2018 & 2023
Figure 55: Germany: HVAC Insulation Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 56: France: HVAC Insulation Market: Sales Value (in Million US$), 2018 & 2023
Figure 57: France: HVAC Insulation Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 58: United Kingdom: HVAC Insulation Market: Sales Value (in Million US$), 2018 & 2023
Figure 59: United Kingdom: HVAC Insulation Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 60: Italy: HVAC Insulation Market: Sales Value (in Million US$), 2018 & 2023
Figure 61: Italy: HVAC Insulation Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 62: Spain: HVAC Insulation Market: Sales Value (in Million US$), 2018 & 2023
Figure 63: Spain: HVAC Insulation Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 64: Russia: HVAC Insulation Market: Sales Value (in Million US$), 2018 & 2023
Figure 65: Russia: HVAC Insulation Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 66: Others: HVAC Insulation Market: Sales Value (in Million US$), 2018 & 2023
Figure 67: Others: HVAC Insulation Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 68: Latin America: HVAC Insulation Market: Sales Value (in Million US$), 2018 & 2023
Figure 69: Latin America: HVAC Insulation Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 70: Brazil: HVAC Insulation Market: Sales Value (in Million US$), 2018 & 2023
Figure 71: Brazil: HVAC Insulation Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 72: Mexico: HVAC Insulation Market: Sales Value (in Million US$), 2018 & 2023
Figure 73: Mexico: HVAC Insulation Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 74: Others: HVAC Insulation Market: Sales Value (in Million US$), 2018 & 2023
Figure 75: Others: HVAC Insulation Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 76: Middle East and Africa: HVAC Insulation Market: Sales Value (in Million US$), 2018 & 2023
Figure 77: Middle East and Africa: HVAC Insulation Market: Breakup by Country (in %), 2023
Figure 78: Middle East and Africa: HVAC Insulation Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 79: Global: HVAC Insulation Industry: SWOT Analysis
Figure 80: Global: HVAC Insulation Industry: Value Chain Analysis
Figure 81: Global: HVAC Insulation Industry: Porter’s Five Forces Analysis
List of Tables
Table 1: Global: HVAC Insulation Market: Key Industry Highlights, 2023 and 2032
Table 2: Global: HVAC Insulation Market Forecast: Breakup by Material Type (in Million US$), 2024-2032
Table 3: Global: HVAC Insulation Market Forecast: Breakup by Product Type (in Million US$), 2024-2032
Table 4: Global: HVAC Insulation Market Forecast: Breakup by Application (in Million US$), 2024-2032
Table 5: Global: HVAC Insulation Market Forecast: Breakup by Region (in Million US$), 2024-2032
Table 6: Global: HVAC Insulation Market Structure
Table 7: Global: HVAC Insulation Market: Key Players

Companies Mentioned

  • 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

Methodology

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Table Information

Report AttributeDetails
No. of Pages135
PublishedAugust 2024
Forecast Period2023 - 2032
Estimated Market Value ( USD ) in 2023 $ 4.6 Billion
Forecasted Market Value ( USD ) by 2032 $ 7.8 Billion
Compound Annual Growth Rate6.0%
Regions CoveredGlobal
No. of Companies Mentioned12

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About the Market

The HVAC Insulation market is a subset of the larger Insulation market, which encompasses a variety of products used to reduce heat transfer and improve energy efficiency. HVAC Insulation is specifically designed to insulate heating, ventilation, and air conditioning systems. It is typically made from fiberglass, foam, or other materials, and is used to reduce energy costs and improve indoor air quality. HVAC Insulation is available in a variety of forms, including blankets, boards, and spray foam. Some of the major players in the HVAC Insulation market include Owens Corning, Johns Manville, Knauf Insulation, CertainTeed, and Rockwool. These companies offer a wide range of products, from insulation blankets to spray foam, to meet the needs of residential and commercial customers. Show Less Read more

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