HVAC insulation is basically a system that has three functions, which are heating, ventilation, and air-conditioning. The HVAC insulation is done in order to improve the fire safety, acoustic performance, and energy efficiency of a building. The insulation system provides residential, industrial, and commercial buildings with thermal comfort and acceptable indoor quality. The insulation that is present in the HVAC system is resistant to heat loss or gain. Duct insulation in the HVAC system is an important part as the airflow in the ductwork has to be maintained at the desired temperature level.
MARKET DYNAMICS
The HVAC insulation market is on the rise due to the increasing demand for thermal insulations and energy-efficient applications. The demand for HVAC insulation in the commercial and industrial sector is relatively more when it is compared to the demand from the residential sector. The growing awareness about reducing energy consumption is driving the growth of the market because HVAC insulation helps to save the energy being wasted, which in the end results in reducing the energy bills. The government mandate or regulation about improving energy efficiency in the commercial and industrial building is driving the market.
MARKET SCOPE
The "Global HVAC Insulation Market Analysis to 2028" is a specialized and in-depth study of the chemical and materials industry with a special focus on the global market trend analysis. The report aims to provide an overview of the HVAC insulation market with detailed market segmentation by type, application and geography. The HVAC insulation market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading HVAC insulation market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The Global HVAC Insulation Market is segmented on the basis of type and application. On the basis of type the market is segmented into glass wool, stone wool, phenolic foam, elastomeric foam and others. On the basis of application the market is segmented into residential, commercial and industrial.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the HVAC insulation market based on various segments. It also provides market size and forecast estimates from the year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The HVAC insulation market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting HVAC insulation market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting HVAC insulation market in these regions.
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The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the HVAC insulation market based on various segments. It also provides market size and forecast estimates from the year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The HVAC insulation market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting HVAC insulation market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting HVAC insulation market in these regions.
MARKET PLAYERS
The reports cover key developments in the HVAC insulation market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from HVAC insulation market are anticipated to lucrative growth opportunities in the future with the rising demand for HVAC insulation in the global market. Below mentioned is the list of few companies engaged in the HVAC insulation market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the HVAC insulation market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- Saint Gobain S.A
- Owens Corning.
- ROCKWOOL International A/S
- Armacell
- Johns Manville
- L'isolante k-flex S.p.A
- Knauf Insulation
- Glassrock Insulation Co S.A.E
- Fletcher Insulation
- Kingspan Group
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Request discounts available for Start-Ups & Universities
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
This text is related
to segments covered.
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
This text is related
to country scope.
1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1 HVAC Insulation Market - By Type
1.3.2 HVAC Insulation Market - By Application
1.3.3 HVAC Insulation Market - By Region
1.3.3.1 By Country
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. HVAC INSULATION MARKET LANDSCAPE
4.1. OVERVIEW
4.2. PEST ANALYSIS
4.2.1 North America - Pest Analysis
4.2.2 Europe - Pest Analysis
4.2.3 Asia-Pacific - Pest Analysis
4.2.4 Middle East and Africa - Pest Analysis
4.2.5 South and Central America - Pest Analysis
4.3. EXPERT OPINIONS
5. HVAC INSULATION MARKET - KEY MARKET DYNAMICS
5.1. KEY MARKET DRIVERS
5.2. KEY MARKET RESTRAINTS
5.3. KEY MARKET OPPORTUNITIES
5.4. FUTURE TRENDS
5.5. IMPACT ANALYSIS OF DRIVERS AND RESTRAINTS
6. HVAC INSULATION MARKET - GLOBAL MARKET ANALYSIS
6.1. HVAC INSULATION - GLOBAL MARKET OVERVIEW
6.2. HVAC INSULATION - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING/MARKET SHARE
7. HVAC INSULATION MARKET - REVENUE AND FORECASTS TO 2028 - TYPE
7.1. OVERVIEW
7.2. TYPE MARKET FORECASTS AND ANALYSIS
7.3. GLASS WOOL
7.3.1. Overview
7.3.2. glass wool Market Forecast and Analysis
7.4. STONE WOOL
7.4.1. Overview
7.4.2. stone wool Market Forecast and Analysis
7.5. PHENOLIC FOAM
7.5.1. Overview
7.5.2. phenolic foam Market Forecast and Analysis
7.6. ELASTOMERIC FOAM
7.6.1. Overview
7.6.2. elastomeric foam Market Forecast and Analysis
7.7. OTHERS
7.7.1. Overview
7.7.2. others Market Forecast and Analysis
8. HVAC INSULATION MARKET - REVENUE AND FORECASTS TO 2028 - APPLICATION
8.1. OVERVIEW
8.2. APPLICATION MARKET FORECASTS AND ANALYSIS
8.3. RESIDENTIAL
8.3.1. Overview
8.3.2. residential Market Forecast and Analysis
8.4. COMMERCIAL
8.4.1. Overview
8.4.2. commercial Market Forecast and Analysis
8.5. INDUSTRIAL
8.5.1. Overview
8.5.2. industrial Market Forecast and Analysis
9. HVAC INSULATION MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
9.1. NORTH AMERICA
9.1.1 North America HVAC Insulation Market Overview
9.1.2 North America HVAC Insulation Market Forecasts and Analysis
9.1.3 North America HVAC Insulation Market Forecasts and Analysis - By Type
9.1.4 North America HVAC Insulation Market Forecasts and Analysis - By Application
9.1.5 North America HVAC Insulation Market Forecasts and Analysis - By Countries
9.1.5.1 United States HVAC Insulation Market
9.1.5.1.1 United States HVAC Insulation Market by Type
9.1.5.1.2 United States HVAC Insulation Market by Application
9.1.5.2 Canada HVAC Insulation Market
9.1.5.2.1 Canada HVAC Insulation Market by Type
9.1.5.2.2 Canada HVAC Insulation Market by Application
9.1.5.3 Mexico HVAC Insulation Market
9.1.5.3.1 Mexico HVAC Insulation Market by Type
9.1.5.3.2 Mexico HVAC Insulation Market by Application
9.2. EUROPE
9.2.1 Europe HVAC Insulation Market Overview
9.2.2 Europe HVAC Insulation Market Forecasts and Analysis
9.2.3 Europe HVAC Insulation Market Forecasts and Analysis - By Type
9.2.4 Europe HVAC Insulation Market Forecasts and Analysis - By Application
9.2.5 Europe HVAC Insulation Market Forecasts and Analysis - By Countries
9.2.5.1 Germany HVAC Insulation Market
9.2.5.1.1 Germany HVAC Insulation Market by Type
9.2.5.1.2 Germany HVAC Insulation Market by Application
9.2.5.2 France HVAC Insulation Market
9.2.5.2.1 France HVAC Insulation Market by Type
9.2.5.2.2 France HVAC Insulation Market by Application
9.2.5.3 Italy HVAC Insulation Market
9.2.5.3.1 Italy HVAC Insulation Market by Type
9.2.5.3.2 Italy HVAC Insulation Market by Application
9.2.5.4 United Kingdom HVAC Insulation Market
9.2.5.4.1 United Kingdom HVAC Insulation Market by Type
9.2.5.4.2 United Kingdom HVAC Insulation Market by Application
9.2.5.5 Russia HVAC Insulation Market
9.2.5.5.1 Russia HVAC Insulation Market by Type
9.2.5.5.2 Russia HVAC Insulation Market by Application
9.2.5.6 Rest of Europe HVAC Insulation Market
9.2.5.6.1 Rest of Europe HVAC Insulation Market by Type
9.2.5.6.2 Rest of Europe HVAC Insulation Market by Application
9.3. ASIA-PACIFIC
9.3.1 Asia-Pacific HVAC Insulation Market Overview
9.3.2 Asia-Pacific HVAC Insulation Market Forecasts and Analysis
9.3.3 Asia-Pacific HVAC Insulation Market Forecasts and Analysis - By Type
9.3.4 Asia-Pacific HVAC Insulation Market Forecasts and Analysis - By Application
9.3.5 Asia-Pacific HVAC Insulation Market Forecasts and Analysis - By Countries
9.3.5.1 Australia HVAC Insulation Market
9.3.5.1.1 Australia HVAC Insulation Market by Type
9.3.5.1.2 Australia HVAC Insulation Market by Application
9.3.5.2 China HVAC Insulation Market
9.3.5.2.1 China HVAC Insulation Market by Type
9.3.5.2.2 China HVAC Insulation Market by Application
9.3.5.3 India HVAC Insulation Market
9.3.5.3.1 India HVAC Insulation Market by Type
9.3.5.3.2 India HVAC Insulation Market by Application
9.3.5.4 Japan HVAC Insulation Market
9.3.5.4.1 Japan HVAC Insulation Market by Type
9.3.5.4.2 Japan HVAC Insulation Market by Application
9.3.5.5 South Korea HVAC Insulation Market
9.3.5.5.1 South Korea HVAC Insulation Market by Type
9.3.5.5.2 South Korea HVAC Insulation Market by Application
9.3.5.6 Rest of Asia-Pacific HVAC Insulation Market
9.3.5.6.1 Rest of Asia-Pacific HVAC Insulation Market by Type
9.3.5.6.2 Rest of Asia-Pacific HVAC Insulation Market by Application
9.4. MIDDLE EAST AND AFRICA
9.4.1 Middle East and Africa HVAC Insulation Market Overview
9.4.2 Middle East and Africa HVAC Insulation Market Forecasts and Analysis
9.4.3 Middle East and Africa HVAC Insulation Market Forecasts and Analysis - By Type
9.4.4 Middle East and Africa HVAC Insulation Market Forecasts and Analysis - By Application
9.4.5 Middle East and Africa HVAC Insulation Market Forecasts and Analysis - By Countries
9.4.5.1 South Africa HVAC Insulation Market
9.4.5.1.1 South Africa HVAC Insulation Market by Type
9.4.5.1.2 South Africa HVAC Insulation Market by Application
9.4.5.2 Saudi Arabia HVAC Insulation Market
9.4.5.2.1 Saudi Arabia HVAC Insulation Market by Type
9.4.5.2.2 Saudi Arabia HVAC Insulation Market by Application
9.4.5.3 U.A.E HVAC Insulation Market
9.4.5.3.1 U.A.E HVAC Insulation Market by Type
9.4.5.3.2 U.A.E HVAC Insulation Market by Application
9.4.5.4 Rest of Middle East and Africa HVAC Insulation Market
9.4.5.4.1 Rest of Middle East and Africa HVAC Insulation Market by Type
9.4.5.4.2 Rest of Middle East and Africa HVAC Insulation Market by Application
9.5. SOUTH AND CENTRAL AMERICA
9.5.1 South and Central America HVAC Insulation Market Overview
9.5.2 South and Central America HVAC Insulation Market Forecasts and Analysis
9.5.3 South and Central America HVAC Insulation Market Forecasts and Analysis - By Type
9.5.4 South and Central America HVAC Insulation Market Forecasts and Analysis - By Application
9.5.5 South and Central America HVAC Insulation Market Forecasts and Analysis - By Countries
9.5.5.1 Brazil HVAC Insulation Market
9.5.5.1.1 Brazil HVAC Insulation Market by Type
9.5.5.1.2 Brazil HVAC Insulation Market by Application
9.5.5.2 Argentina HVAC Insulation Market
9.5.5.2.1 Argentina HVAC Insulation Market by Type
9.5.5.2.2 Argentina HVAC Insulation Market by Application
9.5.5.3 Rest of South and Central America HVAC Insulation Market
9.5.5.3.1 Rest of South and Central America HVAC Insulation Market by Type
9.5.5.3.2 Rest of South and Central America HVAC Insulation Market by Application
10. INDUSTRY LANDSCAPE
10.1. MERGERS AND ACQUISITIONS
10.2. AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
10.3. NEW PRODUCT LAUNCHES
10.4. EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS
11. HVAC INSULATION MARKET, KEY COMPANY PROFILES
11.1. ARMACELL
11.1.1. Key Facts
11.1.2. Business Description
11.1.3. Products and Services
11.1.4. Financial Overview
11.1.5. SWOT Analysis
11.1.6. Key Developments
11.2. FLETCHER INSULATION
11.2.1. Key Facts
11.2.2. Business Description
11.2.3. Products and Services
11.2.4. Financial Overview
11.2.5. SWOT Analysis
11.2.6. Key Developments
11.3. GLASSROCK INSULATION CO S.A.E
11.3.1. Key Facts
11.3.2. Business Description
11.3.3. Products and Services
11.3.4. Financial Overview
11.3.5. SWOT Analysis
11.3.6. Key Developments
11.4. JOHNS MANVILLE
11.4.1. Key Facts
11.4.2. Business Description
11.4.3. Products and Services
11.4.4. Financial Overview
11.4.5. SWOT Analysis
11.4.6. Key Developments
11.5. KINGSPAN GROUP
11.5.1. Key Facts
11.5.2. Business Description
11.5.3. Products and Services
11.5.4. Financial Overview
11.5.5. SWOT Analysis
11.5.6. Key Developments
11.6. KNAUF INSULATION
11.6.1. Key Facts
11.6.2. Business Description
11.6.3. Products and Services
11.6.4. Financial Overview
11.6.5. SWOT Analysis
11.6.6. Key Developments
11.7. L'ISOLANTE K-FLEX S.P.A
11.7.1. Key Facts
11.7.2. Business Description
11.7.3. Products and Services
11.7.4. Financial Overview
11.7.5. SWOT Analysis
11.7.6. Key Developments
11.8. OWENS CORNING.
11.8.1. Key Facts
11.8.2. Business Description
11.8.3. Products and Services
11.8.4. Financial Overview
11.8.5. SWOT Analysis
11.8.6. Key Developments
11.9. ROCKWOOL INTERNATIONAL A/S
11.9.1. Key Facts
11.9.2. Business Description
11.9.3. Products and Services
11.9.4. Financial Overview
11.9.5. SWOT Analysis
11.9.6. Key Developments
11.10. SAINT GOBAIN S.A
11.10.1. Key Facts
11.10.2. Business Description
11.10.3. Products and Services
11.10.4. Financial Overview
11.10.5. SWOT Analysis
11.10.6. Key Developments
12. APPENDIX
12.1. ABOUT THE INSIGHT PARTNERS
12.2. GLOSSARY OF TERMS
1. Armacell
2. Fletcher Insulation
3. Glassrock Insulation Co S.A.E
4. Johns Manville
5. Kingspan Group
6. Knauf Insulation
7. L'isolante k-flex S.p.A
8. Owens Corning.
9. ROCKWOOL International A/S
10. Saint Gobain S.A
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
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