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HVAC Insulation - Global Market Trajectory & Analytics

  • ID: 4805534
  • Report
  • April 2021
  • Region: Global
  • 284 Pages
  • Global Industry Analysts, Inc
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.

Select Competitors (Total 41 Featured):
  • Arabian Fiberglass Insulation Co., Ltd.
  • Fletcher Insulation Pty., Ltd.
  • Glassrock Insulation Co S.A.E
  • Johns Manville Corporation
  • Kingspan Group PLC
  • Knauf Insulation GmbH
  • Kuwait Insulating Material Manufacturing Co. (Kimmco)
  • Owens Corning
  • Paroc Group Oy
  • PPG Industries, Inc.
  • Rockwool International A/S
  • Saint-Gobain SA
Frequently Asked Questions about the Global Market for HVAC Insulation

What is the estimated value of the Global Market for HVAC Insulation?

The Global Market for HVAC Insulation was estimated to be valued at $4.5 Billion in 2020.

What is the growth rate of the Global Market for HVAC Insulation?

The growth rate of the Global Market for HVAC Insulation is 6.7%, with an estimated value of $7.1 Billion by 2027.

What is the forecasted size of the Global Market for HVAC Insulation?

The Global Market for HVAC Insulation is estimated to be worth $7.1 Billion by 2027.
Note: Product cover images may vary from those shown

  • Influencer Market Insights
  • World Market Trajectories
  • High Growth in Construction Industry and Stringent Regulations Drive Growth in the Market
  • Glass Wool Insulation: The Largest Market
  • 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
  • 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
  • Impact of Covid-19 and a Looming Global Recession
  • 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

  • Active Players in United States
  • Active Players in Canada
  • Active Players in Japan
  • Active Players in China
  • Active Players in France
  • Active Players in Germany
  • Active Players in Italy
  • Active Players in United Kingdom
  • Active Players in Spain
  • Active Players in Russia
  • Active Players in Rest of Europe
  • Active Players in Australia
  • Active Players in India
  • Active Players in South Korea
  • Active Players in Rest of Asia-Pacific
  • Active Players in Argentina
  • Active Players in Brazil
  • Active Players in Mexico
  • Active Players in Rest of Latin America
  • Active Players in Iran
  • Active Players in Israel
  • Active Players in Saudi Arabia
  • Active Players in United Arab Emirates
  • Active Players in Rest of Middle East
  • Active Players in Africa

  • Total Companies Profiled: 41
Note: Product cover images may vary from those shown