Press release
Global Insulated Glass Market will cross USD 6 Billion Mark by 2022
Market research future published a raw research report on Global Insulated glass Market that contains the information from 2014 to 2022. Global Insulated glass market is expected to grow with the CAGR of approximately 8% from 2016 to 2022, and with this it is predictable to cross USD 6 Billion by 2022.Heating, ventilation, and air conditioning (HVAC) is referred as one of the most energy-intensive systems in commercial and residential buildings. Moreover it plays an important role due to factors such as energy efficiency and sustainability of HVAC systems. It also helps in controlling the heat through conduction, and convection. The construction industry is pursuing various energy-efficient methods and is actively investing in energy efficient solutions with quality of services. One of the latest trend in the market is increased green construction spending. The commercial sector is increasingly adopting green systems in buildings, which promote a healthy and productive environment and reduce the impact on the surroundings.
The report has analyzed the market based on the three segments: type, component and application, in the regions of North America, Europe, APAC and rest of the world. On the basis of type it includes glass wool, stone wool, phenolic foam and other. Glass wool HVAC insulation accounted for the largest-market share due to its easy availability, low cost, and wide application. Phenolic foam is the fastest-growing type of HVAC insulation due to factors such as low thermal conductivity, lightweight, and easy to transport, and install. On the basis of components it includes pipes, ducts and other. Moreover, On the basis of application it includes residential, commercial, industrial and other. The commercial building industry segment accounted for the largest market share. Population growth and increasing urbanization lead to the development of residential buildings, which is further driving the demand of HVAC insulations in the residential segment. The global HVAC insulation market is expected to cross USD 6 Billion at the end of the forecasted period and is expected to grow at CAGR of approximately 8 % from 2016 to 2022.
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Asia pacific will be the largest market
Asia pacific is dominating the HVAC insulation market. China, and India are the leading countries for HVAC insulation market. Growth in demand for HVAC system and increasing awareness of energy efficiency are the major factors which spur the market in this segment. Moreover, the high-tech sound absorbing materials in modern systems make it easy and noise free as compared to older models as well as it helps to remove air impurities and create more pleasant and healthy breathing environment.
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We recognize the key players in the global HVAC insulation market as Johns Manville, Saint Gobain S.A, PPG Industries Inc. Owen Corning Corporation, Rockwool International, Armacell, L'ISOLANTE K-FLEX S.p.A., GlassRock, Knauf Insulation, Fletcher Insulation Pty Ltd., Kingspan Group Plc, and Kuwait Insulating Material Manufacturing Co.
This research report has provides the insights, on various levels of analyses such industry analysis, market share analysis leading market players and their profiles. This report also helps in studying the target segments by providing views on emerging & high-growth segments and market conclusion. Together the market data comprise and discuss with the basic assessments on the competitive scenarios & strategies, of the global HVAC insulation market, including the high-growth regions, countries and their political, economic and technological environments. Furthermore the project report also provides the views over the historical market values as well as, pricing and cost analysis of the same.
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TABLE OF CONTENTS
1 MARKET INTRODUCTION
1.1 INTRODUCTION
1.2 SCOPE OF STUDY
1.2.1 RESEARCH OBJECTIVE
1.2.2 ASSUMPTIONS
1.2.3 LIMITATIONS
1.3 MARKET STRUCTURE:
1.3.1 GLOBAL HVAC INSULATION MARKET: BY TYPE
1.3.2 GLOBAL HVAC INSULATION MARKET: BY COMPONENT
1.3.3 GLOBAL HVAC INSULATION MARKET: BY APPLICATION
1.3.5 GLOBAL HVAC INSULATION MARKET: BY REGION
2 RESEARCH METHODOLOGY
2.1 RESEARCH TYPE
2.2 PRIMARY RESEARCHPT
2.3 SECONDARY RESEARCH
2.4 FORECAST MODEL
2.4.1 MARKET DATA COLLECTION, ANALYSIS & FORECAST
2.4.2 MARKET SIZE ESTIMATION
2.4.3 MARKET CRACKDOWN & DATA TRIANGULATION
3 MARKET DYNAMICS
3.1 INTRODUCTION
3.2 MARKET DRIVERS
3.3 MARKET CHALLENGES
3.4 MARKET OPPORTUNITIES
4 EXECUTIVE SUMMARY
MARKET FACTOR ANALYSIS
5.1 PORTER’S FIVE FORCES ANALYSIS
5.2 SUPPLY CHAIN ANALYSIS
CONTINUED…………………………………………………………………………………..
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