Heating, ventilation and air conditioning (HVAC) insulation Market was valued at USD 4.10 billion in 2021 and is expected to reach USD 6.35 billion by 2029, registering a CAGR of 5.63% during the forecast period of 2022-2029. In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team also includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, and climate chain scenario.
Insulation for heating, ventilation, and air conditioning (HVAC) insulation basically protects the building from extreme temperature fluctuations and provides a comfortable and healthy environment for residents. It also reduces the internal thermal load, reducing the risk of overheating and icing of water vapor, as well as condensation on cold surfaces. As a result, heating, ventilation, and air conditioning (HVAC) insulation is used in schools, hospitals, airports, and residential and commercial buildings all over the world.
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Some of the major players operating in the heating, ventilation and air conditioning (HVAC) insulation market are:
- Saint-Gobain. (France)
- Rockwool A/S (Denmark)
- PPG Industries Inc. (U.S.)
- Owen Corning (U.S.)
- Armacell (Luxembourg)
- Mitsubishi Electric Corporation (Japan)
- Fletcher Insulation (Australia)
- L'ISOLANTE K-FLEX S.p.A. (Italy)
- MI Materials Limited (U.K)
- DAIKIN INDUSTRIES, Ltd. (Japan)
- Morgan Advanced Materials (U.K.)
- Corporate.Evonik (Germany)
- GlassRock (Egypt)
- Kingspan Group (Ireland)
Global Heating, Ventilation and Air Conditioning (HVAC) Insulation Market Scope:
The heating, ventilation and air conditioning (HVAC) insulation market is segmented on the basis of material type, product, HVAC lines and application. The growth amongst these segments will help you analyse meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Material Type
- Phenolic Foam
- Flexible Elastomeric Rubber Foam (NBR)
- Extruded Polyethylene Foam (XPE)
- Polyurethane Foam (PUF)
- Stone wool
- Glass wool
- Ceramic Wool
- Cellular Glass
- Others
Product
- Ducts
- Pipes
- Others
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Heating, Ventilation and Air Conditioning (HVAC) Insulation Market Regional Analysis/Insights:
The heating, ventilation and air conditioning (HVAC) insulation market is analysed and market size insights and trends are provided by country, material type, product, HVAC lines and application as referenced above.
The countries covered in the heating, ventilation and air conditioning (HVAC) insulation market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
Asia-Pacific dominates the market in terms of market share and market revenue and will continue to flourish its dominance during the forecast period of 2022-2029. The market growth over this region is attributed to the prevalence of improved infrastructure along with growth of construction industry within the region.
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