Heating, Ventilation and Air Conditioning (HVAC) Insulation Market, Application (Residential, Commercial, Industrial) - Industry Trends and Forecast to 2029

The demand for heating, ventilation, and air conditioning (HVAC) insulation in the residential sector is primarily driven by the world's growing population, which leads to new installations. Maintenance and replacement services dominate the market in developed regions such as Europe and North America. Moreover, the escalating demand for energy-efficient data centers is also anticipated to aid the market popularity across the globe, thus leading to high traction during the forecast period.

Global 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.

View Detailed Report: https://www.databridgemarketresearch.com/reports/global-hvac-insulation-market

Market Definition

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.

Opportunities

Technological Advancements and Product Launches

The various technological advancements in heating, ventilation and air conditioning (HVAC) insulation systems such as dual fuel heat pumps, energy analysis software, and thermally driven air conditioning are pushing the market forward. Moreover, the new product launches are being undertaken by industry participants in order to attract customers and expand their product portfolio. For example, in June 2018, Rockwool International A/S announced the release of new DUCTROCK insulation. The new product, which is embedded with fire-resistant materials, will be used in a variety of ventilation ducts, thus generating growth opportunities and stimulating the market growth.

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)

M&I Materials Limited (U.K)

DAIKIN INDUSTRIES, Ltd. (Japan)

Morgan Advanced Materials (U.K.)

Corporate.Evonik (Germany)

GlassRock (Egypt)

Kingspan Group (Ireland)

Knauf Insulation (U.S.)

KCC CORPORATION (South Korea)

Microtherm Sentronic GmbH (Belgium) 

AVERY DENNISON CORPORATION (U.S.)

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 analyze 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

HVAC Lines

Cold Lines

Warm Lines

Heating Lines

Application

Residential

Commercial

Industrial

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