By End-User Industry
Global HVAC Insulation market is segmented by the end-use industry as residential, commercial, and industrial. Commercial buildings accounted for the largest market share, in terms of value, in 2016. Commercial buildings such as offices, colleges, auditoriums, and others require larger HVAC systems. Increasing corporate profits and decreased office vacancy rates will boost the construction of new office buildings which, in turn, will bolster the growth of HVAC insulation market. Residential sector will witness the fastest growth at the highest CAGR during the forecast period owing to growing global population and rising purchasing power of people and expanding urbanization in developing countries.
Geographically, APAC region accounted for the largest share of global HVAC insulation market in 2016 due to growing construction industry in emerging economies such as China and India in the region. Moreover, rising awareness for reducing energy consumption along with the imposition of stringent regulations to enhance the energy efficiency of buildings in major APAC countries drives the APAC HVAC Insulation market.
In India, the Energy Conservation Building Code (ECBC) sets minimum energy standards for new commercial buildings having a connected load of 100kW or contract demand of 120 KVA and above. Americas will also witness a considerable market growth due to favorable government initiatives such as Weatherization Assistance Program in North American countries to promote thermal insulation in low-income households group.
Prominent key market players in global HVAC Insulation market include Saint-Gobain, Owens Corning Corporation, PPG Industries, Rockwool International, Armacell International, Johns Manville Corporation, Knauf Insulation, Kingspan Group, and others. Industry players are investing heavily in R&D activities to expand their market share. Furthermore, they are actively engaged in new product development while improving their existing products and services portfolio to acquire new customers.
Market players are launching new products that strictly adhere to energy regulations in various regions to gain a larger regional market share. In 2016, Johns Manville introduced three new rovings - Multistar® 566 for panel and fabric reinforcements, StarRov® 090 for reinforcement of composite profiles, and StarRov® 089 for reinforcements of styrene-free resins- to serve the building and construction, sporting goods, and wind energy markets.
In this report, Global HVAC Insulation market is segmented by type, by component, by end-use industry, and by geography:
By End-Use Industry
Europe Middle East and Africa
Middle East and Africa
2. Research Methodology
3. Executive Summary
4. Market Dynamics
4.1. Market Overview and Segmentation
4.5. Supplier Outlook
4.6. Industry Outlook
4.7. Porter’s Five Forces Analysis
4.8. Industry Value Chain Analysis
4.9. Industry Regulations
4.10. Scenario Analysis
5. Global HVAC Insulation Market Forecast by Type (US$ Billion)
5.1. Plastic Foams
5.1.1. Market Size and Forecast to 2022
5.2. Mineral Wool
5.2.1. Market Size and Forecast to 2022
5.3. Glass Wool
5.3.1. Market Size and Forecast to 2022
5.4. Rock Wool
5.4.1. Market Size and Forecast to 2022
5.5.1. Market Size and Forecast to 2022
6. Global HVAC Insulation Market Forecast by Component (US$ Billion)
6.1.1. Market Size and Forecast to 2022
6.2.1. Market Size and Forecast to 2022
7. Global HVAC Insulation Market Forecast by End-User Industry (US$ Billion)
7.1.1. Market Size and Forecast to 2022
7.2.1. Market Size and Forecast to 2022
7.3.1. Market Size and Forecast to 2022
8. Global HVAC Insulation Market Forecast by Geography (US$ Billion)
8.1.1. North America
18.104.22.168.1. Market Size and Forecast to 2022
22.214.171.124.1. Market Size and Forecast to 2022
126.96.36.199.1. Market Size and Forecast to 2022
188.8.131.52.1. Market Size and Forecast to 2022
8.1.2. South America
184.108.40.206.1. Market Size and Forecast to 2022
220.127.116.11.1. Market Size and Forecast to 2022
18.104.22.168.1. Market Size and Forecast to 2022
8.2. Europe Middle East and Africa
22.214.171.124.1. Market Size and Forecast to 2022
126.96.36.199.1. Market Size and Forecast to 2022
188.8.131.52.1. Market Size and Forecast to 2022
184.108.40.206.1. Market Size and Forecast to 2022
8.2.2. Middle East and Africa
220.127.116.11. Saudi Arabia
18.104.22.168.1. Market Size and Forecast to 2022
22.214.171.124.1. Market Size and Forecast to 2022
126.96.36.199.1. Market Size and Forecast to 2022
8.3. Asia Pacific
188.8.131.52. Market Size and Forecast to 2022
184.108.40.206. Market Size and Forecast to 2022
220.127.116.11. Market Size and Forecast to 2022
18.104.22.168. Market Size and Forecast to 2022
22.214.171.124. Market Size and Forecast to 2022
9. Competitive Intelligence
9.1.1. Market Share of Key Players
9.1.2. Investment Analysis
9.1.3. Recent Deals
9.1.4. Strategies of Key Players
10. Company Profiles
10.1. Saint-Gobain, S.A.
10.1.3. Products and Services
10.1.4. Recent Developments
10.2. PPG Industries
10.2.3. Products and Services
10.2.4. Recent Developments
10.3. Owens Corning Corporation
10.3.3. Products and Services
10.3.4. Recent Developments
10.4. Rockwool International A/S
10.4.3. Products and Services
10.4.4. Recent Developments
10.5. Armacell International S.A.
10.5.3. Products and Services
10.5.4. Recent Developments
10.6. Johns Manville Corporation
10.6.3. Products and Services
10.6.4. Recent Developments
10.7. Knauf Insulation
10.7.3. Products and Services
10.7.4. Recent Developments
10.8. Xiamen Goot Advanced Material Co., Ltd.
10.8.3. Products and Services
10.8.4. Recent Developments
10.9. Kingspan Group plc
10.9.3. Products and Services
10.9.4. Recent Developments
10.10. Arabian Fibreglass Insulation Co., Ltd.
10.10.3. Products and Services
10.10.4. Recent Developments
10.11. L’Isolante K-Flex S.p.A.
10.11.3. Products and Services
10.11.4. Recent Developments
10.12. Glassrock Insulation Co. S.A.E.
10.12.3. Products and Services
10.12.4. Recent Developments
- Saint-Gobain S.A.
- PPG Industries
- Owens Corning Corporation
- Rockwool International A/S
- Armacell International S.A.
- Johns Manville Corporation
- Knauf Insulation
- Xiamen Goot Advanced Material Co., Ltd.
- Kingspan Group PLC
- Arabian Fibreglass Insulation Co., Ltd.
- L’Isolante K-Flex S.p.A.
- Glassrock Insulation Co. S.A.E.