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HVAC Insulation Market and Global Growth Forecast 2025-2032 | Top Companies 2026 - Knauf Insulation, Armacell, Daikin Industries Ltd., K-FLEX S.p.A

01-16-2026 10:54 AM CET | Energy & Environment

Press release from: DataM Intelligence 4 Market Research LLP

HVAC Insulation Market Size

HVAC Insulation Market Size

HVAC insulation market reached US$252.15Billion in 2024 and is expected to reach US$425.20 Billion by 2032, growing at a CAGR of6.75% during the forecast period 2025-2032.

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United States: Recent Industry Developments

✅ December 2025: Owens Corning launched eco-friendly HVAC insulation materials with improved thermal performance and fire resistance.

✅ November 2025: Johns Manville introduced advanced spray foam insulation solutions targeting energy-efficient commercial HVAC systems.

✅ October 2025: The U.S. Department of Energy announced new regulations promoting higher insulation standards for HVAC applications.

Japan: Recent Industry Developments

✅ December 2025: Panasonic developed next-generation thermal insulation products tailored for compact HVAC units in urban residences.

✅ November 2025: Daikin expanded its HVAC insulation product line with sustainable materials aiming to reduce carbon footprint.

✅ October 2025: Collaborative research projects focused on integrating smart insulation technologies with IoT-enabled HVAC systems.

List of Top Key Player:

Knauf Insulation, Armacell, Daikin Industries Ltd., K-FLEX S.p.A., Kingspan Group, L'Isolante, Mitsubishi Electric Corporation, Owens Corning, PPG Industries Inc., Rockwool A/S, Saint-Gobain

Industry Developments:

January 2026

• Rising demand for eco-friendly insulation materials drives innovation across manufacturers.

• Integration of smart sensors in insulation solutions enhances energy efficiency monitoring.

• Increased regulatory focus on thermal performance standards boosts market growth.

December 2025
• Expansion in commercial construction fuels demand for advanced duct and pipe insulation.

• Growing adoption of phenolic foam and elastomeric foam materials for improved fire resistance.

• Strategic partnerships formed to accelerate sustainable HVAC insulation R&D.

November 2025
• Surge in residential retrofitting projects pushes demand for cost-effective insulation options.

• Advancements in acoustic board technology reduce noise pollution in urban buildings.

• Asia-Pacific region emerges as a key growth hub driven by infrastructure investments.

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Forecast Projection:

The Global HVAC Insulation Market is poised for significant growth between 2025 and 2032. In 2024, the market maintained a steady upward trajectory, and with strategic initiatives by leading players accelerating adoption, the market is expected to soar throughout the forecast period. Companies leveraging these trends are well-positioned to capture emerging opportunities and maximize revenue potential.

Market Key Segmentations:

• By Product Type:

• Duct Insulation leads, driven by demand for energy-efficient air distribution.

• Pipe Insulation gains traction due to its role in thermal efficiency and condensation control.

• Pre-Insulated Ducts growing with the need for faster installation and reduced thermal loss.

• Acoustic Board rising in commercial spaces for enhanced soundproofing.

• Others include specialty insulations tailored to specific HVAC requirements.

• By Application:

• Residential applications dominate, fueled by increasing energy-saving building regulations.

• Commercial sector growth supported by retrofit projects and new construction.

• Industrial segment driven by high-temperature and corrosion-resistant insulation needs.

• By Material Type:
• Phenolic Foam popular for high fire resistance and thermal insulation performance.
• Elastomeric Foam favored for flexibility and condensation prevention.
• Stone Wool widely used due to durability and fire-resistant properties.
• Glass Wool remains a cost-effective, efficient insulation material.
• Others include emerging eco-friendly and composite insulation materials.

Regional Growth Analysis: Jna

⇥ North America - 31%
Strong demand from commercial construction and energy efficiency regulations drives market growth.

⇥ Europe - 27%
Growth supported by green building codes and increasing retrofit projects for energy conservation.

⇥ Asia-Pacific - 30%
Recorded strong growth, increasing from US$ 3.19 billion in 2022 to US$ 3.35 billion in 2023, driven by urbanization and infrastructure development.

⇥ Middle East & Africa - 7%
Rising industrial and commercial construction projects boost demand for effective insulation solutions.

⇥ South America - 5%
Market expansion fueled by growing HVAC installations and increasing awareness of energy-saving technologies.

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Contact Person: Sai Kiran
Email: Sai.k@datamintelligence.com
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About Us -

DataM Intelligence is a Market Research and Consulting firm that provides end-to-end business solutions to organizations from Research to Consulting. We, at DataM Intelligence, leverage our top trademark trends, insights and developments to emancipate swift and astute solutions to clients like you. We encompass a multitude of syndicate reports and customized reports with a robust methodology.

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