Description:-
Global HVAC Insulation Market Research Report by Type (Glass Wool, Stone Wool, Phenolic Foam) Component (Pipes, Ducts) Application (Residential, Commercial, Industrial) Regions (Americas, Europe, Asia Pacific, Middle East & Africa)–Forecast Till 2023
Market Scenario
The HVAC, also known as the Heating, Ventilation, and Air Conditioning systems helps in providing an ambient indoor environment at the major end-user industry sectors. The HVAC insulation gives a perfect solution to the channels and pipes to exchange energy with negligible losses. HVAC insulation enhances the energy productivity, fire security, and acoustic execution of a building. The Global HVAC insulation market has reached the estimated valuation of USD 4,317.7 Million in the year 2016 and is currently assessed to reach the value of USD 7,080.9 Million by the year 2023. The market is growing at a CAGR of 7.42% during the forecast period (2017-2023).
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The investment in infrastructure is foreseen to develop in major emerging economies during the forecast period. This investment is made for the enhancement of product costs and therefore it is anticipated that this would help the mining business too. The developing interest for energy efficient data centers in the technology sector is additionally anticipated to upgrade the HVAC insulation market. The growing requirement for energy efficient construction is expected to boost the growth of the global HVAC insulation market. The government of the developing countries, all over the world, are seen exceptionally advancing and building up their construction segments. The major emerging nations in the Asia Pacific region are the ones which are especially conveying various changes and regulations to boost their real estate and infrastructure market. Such development is foreseen to increase the market development for HVAC insulation.
Market Segmentation
The global HVAC insulation market is segmented on the basis of its type, component, application, and geographical demand. On the basis of its type, the market is classified into stone wool, glass wool, phenolic foam, nitrile rubber, Expanded Polystyrene (EPS) foam, Polyisocyanurate (PIR), and others. Based on its component, the HVAC insulation market is divided into ducts, pipes, and others. On the basis of its application, the market has been sectioned into commercial, residential, and industrial.
Key Players
The major players of the global HVAC Insulation market include significant names like Saint Gobain S.A. (France), Owen Corning Corporation (U.S.), PPG Industries Inc. (U.S.), Rockwool International (Denmark), L’ISOLANTE K-FLEX S.p.A. (Italy), Armacell International S.A. (Luxembourg), GlassRock (Egypt), Fletcher Insulation Pty Ltd. (Australia), Knauf Insulation (U.S.), Kuwait Insulating Material Manufacturing Co. (Kuwait), and Kingspan Group Plc. (Ireland).
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Table Of Contents – Major Key Points
1 Executive Summary
2 Market Introduction
2.1 Definition
2.2 Scope of the Study
2.3 List of Assumptions
2.4 Market Structure
3 Research Methodology
3.1 Research Process
3.2 Primary Research
3.3 Secondary Research
3.4 Market Size Estimation
3.5 Forecast Model
4 Market Dynamics
4.1 Introduction
4.2 Drivers
4.2.1 Growth in Global Construction Industry
4.2.2 Growing Demand for Energy Efficient Solutions
4.3 Restraint
4.3.1 Reluctance about Buildings’ Energy Efficiency
4.4 Opportunity
4.4.1 Increasing industrial base in emerging economies
4.5 Challenge
4.5.1 Fluctuating Price of Raw Materials
5 Market Impact Analysis
5.1 Porter’s Five Forces Analysis
5.1.1 Threat of New Entrants
5.1.2 Bargaining Power of Suppliers
5.1.3 Threat of Substitutes
5.1.4 Bargaining Power of Buyers
5.1.5 Segment Rivalry
5.2 Supply Chain Analysis
6 Global HVAC Insulation Market, By Type
6.1 Introduction
6.2 Glass Wool
6.3 Stone Wool
6.4 Phenolic Foam
6.5 Expanded Polystyrene (EPS) Foam
6.6 Nitrile Rubber
6.7 Polyisocyanurate (PIR)
Continued……
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