DUBLIN--(BUSINESS WIRE)--The "HVAC Insulation - Global Market Trajectory & Analytics" report has been added to ResearchAndMarkets.com's offering.
The publisher bring years of research experience to this 9th edition of the report. The 284-page report presents concise insights into how the pandemic has impacted production and the buy side for 2020 and 2021. A short-term phased recovery by key geography is also addressed.
Global HVAC Insulation Market to Reach $7.1 Billion by 2027
Amid the COVID-19 crisis, the global market for HVAC Insulation estimated at US$4.5 Billion in the year 2020, is projected to reach a revised size of US$7.1 Billion by 2027, growing at a CAGR of 7% over the analysis period 2020-2027.
Glass Wool, one of the segments analyzed in the report, is projected to record a 7.2% CAGR and reach US$3.1 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Stone Wool segment is readjusted to a revised 6.6% CAGR for the next 7-year period.
The U.S. Market is Estimated at $1.2 Billion, While China is Forecast to Grow at 10.6% CAGR
The HVAC Insulation market in the U.S. is estimated at US$1.2 Billion in the year 2020. China, the world's second largest economy, is forecast to reach a projected market size of US$1.6 Billion by the year 2027 trailing a CAGR of 10.6% over the analysis period 2020 to 2027.
Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 3.8% and 6.3% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 4.5% CAGR.
Phenolic Foam Segment to Record 7.7% CAGR
In the global Phenolic Foam segment, USA, Canada, Japan, China and Europe will drive the 7.2% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$403.4 Million in the year 2020 will reach a projected size of US$655.6 Million by the close of the analysis period.
China will remain among the fastest growing in this cluster of regional markets. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$975.4 Million by the year 2027, while Latin America will expand at a 9.1% CAGR through the analysis period.
Competitors identified in this market include, among others:
- Arabian Fiberglass Insulation Co. Ltd.
- Fletcher Insulation Pty. Ltd.
- Glassrock Insulation Co. SAE
- Johns Manville Corporation
- Kingspan Group PLC
- Knauf Insulation GmbH
- Kuwait Insulating Material Manufacturing Co. (Kimmco)
- L'ISOLANTE K-FLEX S.p.A.
- Owens Corning
- Paroc Group Oy
- PPG Industries, Inc.
- Rockwool International A/S
- Saint-Gobain SA
Key Topics Covered
I. INTRODUCTION, METHODOLOGY & REPORT SCOPE
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
- High Growth in Construction Industry and Stringent Regulations Drive Growth in the Market
- Glass Wool Insulation: The Largest Market
- INNOVATIONS AND ADVANCEMENTS
- Advancements in Ducting Industry
- HVAC Ductwork: Energy Efficient Innovations
- GatorDuct Advancing the Ductwork Industry
- ULTIMATE HVAC Fire Insulation by Isover
- Doby's Aeroseal Ductwork Sealing
- Lasting Insulated HVAC Ducts from BIG
- PRODUCT OVERVIEW
- Heating Ventilation and Air Conditioning (HVAC) Systems: Key to Modern Building Environment
- Types of HVAC Systems and its Functioning
- HVAC: The Mechanism and Components
- HVAC Insulation: Providing Sound, Fire and Thermal Protection
- Insulating HVAC Duct
- Insulation and Material for HVAC
- Galvanized Steel
- Aluminum
- Polyurethane and Phenolic Panels
- Fiberglass
- Fabric Ducting
- Flexible Ducting
- The Mechanical Insulation Technology: Objectives and Goals
- The Process of Duct Insulation
- Global Competitor Market Shares
- HVAC Insulation Competitor Market Share Scenario Worldwide (in %): 2019 & 2025
- Impact of COVID-19 and a Looming Global Recession
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
- Technologies Making Difference to the HVAC
- Insulation Codes and Standards in the US
- Duct Insulation Requirements in Commercial Buildings
- The New Duct Insulation Standard, R-12
4. GLOBAL MARKET PERSPECTIVE
III. MARKET ANALYSIS
IV. COMPETITION
- Total Companies Profiled: 41
For more information about this report visit https://www.researchandmarkets.com/r/p6gucb
