Market Research Logo

HVAC Insulation Market by Type (Glass Wool, Stone Wool, Phenolic Foam, Elastomeric Foam and Others), by Application (Residential, Commercial, Industrial), by Region - Global Trends and Forecast to 2021

HVAC Insulation Market by Type (Glass Wool, Stone Wool, Phenolic Foam, Elastomeric Foam and Others), by Application (Residential, Commercial, Industrial), by Region - Global Trends and Forecast to 2021

“Increasing demand for HVAC systems in building infrastructure drives the HVAC insulation market”
The global HVAC insulation market size is estimated to reach USD 5.29 billion by 2021 at a CAGR of 8.20%. With the rising per capita income, the standard of living is also increasing, which further translates to the rising demand for comfort and safety requirements among consumers. HVAC system is among these key requirements, which maintains internal ambience and comfort of a building. However, a huge amount of energy is required to run the HVAC system of a building. Therefore, insulation of the HVAC system is a key remedy to reduce the energy consumption of HVAC system in order to improve energy efficiency of the building.

“Commercial buildings: The largest application segment of HVAC Insulation”
HVAC insulations are used in various applications, such as residential, commercial, and industrial buildings. In 2015, the commercial segment accounted for the largest market share among all the applications, in terms of value, due to the larger size of HVAC systems used in these buildings and their consequently higher cost. Among all the applications, residential is estimated to register the highest CAGR between 2016 and 2021 in terms of value.

“Rising demand for HVAC insulation from the developing markets of Asia-Pacific is the major driver for the HVAC insulation market”

In 2015, Asia-Pacific is estimated to account for the largest market share, and is estimated to remain the market leader during the forecast period. High growth of the construction industry in China, India, Indonesia, and Australia resulted in an increased demand for HVAC insulation in both residential and non-residential building applications. This growth is further supported by the increasing energy efficiency awareness in the emerging countries of Asia-Pacific. China accounted for the largest market share in this region due to the huge construction industry of the country. Other emerging economies, such as India, Indonesia, UAE, and Saudi Arabia are the markets which are projected to grow rapidly.

In the process of determining and verifying the market size for several segments and subsegments gathered through secondary research, extensive primary interviews were conducted.
The breakdown of primary interviews is given below.

By Company Type - Tier 1 - 33%, Tier 2 – 60%, and Others - 7%
By Designation - C level - 56%, Director level - 33%, and Others - 11%
By Region - North America - 13%, Western Europe - 23%, Central & Eastern Europe-11%, Asia-Pacific - 20%, the Middle East & Africa - 13%, and Latin America - 7%

The key companies profiled in this market research report are Saint Gobain S.A. (France), PPG Industries Inc. (U.S.), Owen Corning Corporation (U.S.), Rockwool International A/S (Denmark), Armacell International S.A. (Germany), Johns Manville Corporation (U.S), Xiamen Goot Advanced Material Co., Ltd. (China), L'ISOLANTE K-FLEX S.p.A. (Italy), Glassrock Insulation Co S.A.E (Egypt), Knauf Insulation (Belgium), Arabian Fiberglass Insulation Co., Ltd. (Saudi Arabia), Fletcher Insulation Pty Ltd. (Australia), Kingspan Group plc (Ireland), Kuwait Insulating Material Manufacturing Co. (Kuwait), Paroc Group OY (Finland), and other local players.

The report will help the market leaders/new entrants in this market in the following ways:

1. This report segments the HVAC insulation market comprehensively and provides the closest approximations of the revenue numbers for the overall market and the subsegments across the different verticals and regions.

2. It will help stakeholders to understand the dynamic of the market and provide them information on key market drivers, restraints, challenges, and opportunities.

3. It will help stakeholders to understand the competitors and gain more insights to better their position in the business. The competitive landscape section includes expansion, acquisitions, agreement, innovation, and new product developments,.


  • INTRODUCTION
    • OBJECTIVES OF THE STUDY
    • MARKET DEFINITION
    • MARKET SCOPE
    • CURRENCY & PRICING
    • LIMITATION
    • STAKEHOLDERS
  • RESEARCH METHODOLOGY
    • RESEARCH DATA
      • SECONDARY DATA
      • PRIMARY DATA
    • MARKET SIZE ESTIMATION
      • BOTTOM-UP APPROACH
      • TOP-DOWN APPROACH
    • MARKET BREAKDOWN AND DATA TRIANGULATION
    • RESEARCH ASSUMPTION
  • EXECUTIVE SUMMARY
    • Table HVAC INSULATION MARKET SIZE, BY REGION, 2015-2021 (USD MILLION)
  • PREMIUM INSIGHTS
    • ATTRACTIVE OPPORTUNITY IN THE HVAC INSULATION MARKET
    • HVAC INSULATION MARKET, BY TYPE, 2016-2021 (USD MILLION)
    • HVAC INSULATION MARKET IN ASIA-PACIFIC, 2015
    • U.S. LEADS THE HVAC INSULATION MARKET
    • HVAC INSULATION MARKET: DEVELOPED VS. DEVELOPING NATIONS
    • LIFECYCLE ANALYSIS, BY REGION
  • MARKET OVERVIEW
    • INTRODUCTION
    • MARKET SEGMENTATION
      • BY TYPE
        • Table HVAC INSULATION MARKET, BY TYPE
      • BY APPLICATION
        • Table HVAC INSULATION MARKET, BY APPLICATION
      • BY REGION
    • MARKET DYNAMICS
      • DRIVERS
        • Table CONSTRUCTION INDUSTRY GROWTH RATE IN MAJOR COUNTRIES, 2016-2021
      • RESTRAINTS
      • OPPORTUNITIES
      • CHALLENGES
  • INDUSTRY TRENDS
    • INTRODUCTION
    • VALUE CHAIN ANALYSIS
    • PORTER'S FIVE FORCES ANALYSIS
      • BARGAINING POWER OF SUPPLIERS
      • BARGAINING POWER OF BUYERS
      • THREAT OF SUBSTITUTES
      • THREAT OF NEW ENTRANTS
      • INTENSITY OF COMPETITIVE RIVALRY
  • MACRO ECONOMIC OVERVIEW AND KEY DRIVERS
    • INTRODUCTION
    • TRENDS AND FORECAST OF GDP
      • Table TRENDS AND FORECAST OF GDP, 2016-2021 (USD BILLION)
    • TRENDS AND FORECAST OF THE CONSTRUCTION INDUSTRY
      • Table CONTRIBUTION OF CONSTRUCTION INDUSTRY TO NORTH AMERICA GDP, USD BILLION (2014-2021)
      • U.K AND GERMANY TO SPEND LARGEST AMOUNT FOR CONSTRUCTION GROWTH, IN EUROPE
        • Table CONTRIBUTION OF CONSTRUCTION INDUSTRY TO EUROPE GDP, USD BILLION (2014-2021)
      • CHINA AND INDIA TO SPEND LARGEST AMOUNT FOR CONSTRUCTION GROWTH IN ASIA-PACIFIC
        • Table CONTRIBUTION OF CONSTRUCTION INDUSTRY TO ASIA-PACIFIC GDP, USD BILLION (2014-2021)
      • BRAZIL AND SAUDI ARABIA TO SPEND LARGEST AMOUNT FOR CONSTRCUTION GROWTH, IN LAMEA
        • Table CONTRIBUTION OF CONSTRUCTION INDUSTRY TO LAMEA GDP, USD BILLION (2014-2021)
  • HVAC INSULATION MARKET, BY TYPE
    • INTRODUCTION
      • Table TEMPERATURE LIMITS OF SOME COMMONLY USED INSULATION MATERIALS
      • Table HVAC INSULATION MARKET SIZE, BY TYPE, 2014-2021 (USD MILLION)
    • MINERAL WOOL
      • GLASS WOOL
        • Table HVAC INSULATION MARKET SIZE OF GLASS WOOL, BY REGION, 2014-2021 (USD MILLION)
      • STONE WOOL
        • Table STONE WOOL HVAC INSULATION MARKET SIZE, BY REGION, 2014-2021 (USD MILLION)
    • PLASTIC FOAMS
      • PHENOLIC FOAM
        • Table PHENOLIC FOAM HVAC INSULATION MARKET SIZE, BY REGION, 2014-2021 (USD MILLION)
      • ELASTOMERIC FOAM
        • Table ELASTOMERIC FOAM HVAC INSULATION MARKET SIZE, BY REGION, 2014-2021 (USD MILLION)
    • OTHERS
      • Table OTHER HVAC INSULATION MARKET SIZE, BY REGION, 2014-2021 (USD MILLION)
  • HVAC INSULATION MARKET, BY APPLICATION
    • INTRODUCTION
      • Table HVAC INSULATION MARKET SIZE, BY APPLICATION, 2014-2021 (USD MILLION)
    • RESIDENTIAL
      • Table HVAC INSULATION MARKET SIZE IN THE RESIDENTIAL BUILDING APPLICATION, 2014-2021 (USD MILLION)
    • COMMERCIAL
      • Table HVAC INSULATION MARKET SIZE IN THE COMMERCIAL BUILDING APPLICATION, 2014-2021 (USD MILLION)
    • INDUSTRIAL
      • Table HVAC INSULATION MARKET SIZE IN THE INDUSTRIAL BUILDING APPLICATION, 2014-2021 (USD MILLION)
  • HVAC INSULATION MARKET, BY REGION
    • INTRODUCTION
      • Table HVAC INSULATION MARKET SIZE, BY REGION, 2014-2021 (USD MILLION)
    • NORTH AMERICA
      • Table NORTH AMERICA: HVAC INSULATION MARKET SIZE, BY COUNTRY, 2014-2021 (USD MILLION)
      • Table NORTH AMERICA: HVAC INSULATION MARKET SIZE, BY APPLICATION, 2014-2021 (USD MILLION)
      • Table NORTH AMERICA: HVAC INSULATION MARKET SIZE, BY TYPE, 2014-2021 (USD MILLION)
      • U.S.
        • Table U.S.: HVAC INSULATION MARKET SIZE, BY APPLICATION, 2014-2021 (USD MILLION)
        • Table U.S.: HVAC INSULATION MARKET SIZE, BY TYPE, 2014-2021 (USD MILLION)
      • CANADA
        • Table CANADA: HVAC INSULATION MARKET SIZE, BY APPLICATION, 2014-2021 (USD MILLION)
        • Table CANADA: HVAC INSULATION MARKET SIZE, BY TYPE, 2014-2021 (USD MILLION)
      • MEXICO
        • Table MEXICO: HVAC INSULATION MARKET SIZE, BY APPLICATION, 2014-2021 (USD MILLION)
        • Table MEXICO: HVAC INSULATION MARKET SIZE, BY TYPE, 2014-2021 (USD MILLION)
    • WESTERN EUROPE
      • Table WESTERN EUROPE: HVAC INSULATION MARKET SIZE, BY COUNTRY, 2014-2021 (USD MILLION)
      • Table WESTERN EUROPE: HVAC INSULATION MARKET SIZE, BY APPLICATION, 2014-2021 (USD MILLION)
      • Table WESTERN EUROPE: HVAC INSULATION MARKET SIZE, BY TYPE, 2014-2021 (USD MILLION)
      • U.K.
        • Table U.K.: HVAC INSULATION MARKET SIZE, BY APPLICATION, 2014-2021 (USD MILLION)
        • Table U.K.: HVAC INSULATION MARKET SIZE, BY TYPE, 2014-2021 (USD MILLION)
      • GERMANY
        • Table GERMANY: HVAC INSULATION MARKET SIZE, BY APPLICATION, 2014-2021 (USD MILLION)
        • Table GERMANY: HVAC INSULATION MARKET SIZE, BY TYPE, 2014-2021 (USD MILLION)
      • FRANCE
        • Table FRANCE: HVAC INSULATION MARKET SIZE, BY APPLICATION, 2014-2021 (USD MILLION)
        • Table FRANCE: HVAC INSULATION MARKET SIZE, BY TYPE, 2014-2021 (USD MILLION)
      • ITALY
        • Table ITALY: HVAC INSULATION MARKET SIZE, BY APPLICATION, 2014-2021 (USD MILLION)
        • Table ITALY: HVAC INSULATION MARKET SIZE, BY TYPE, 2014-2021 (USD MILLION)
      • REST OF WESTERN EUROPE
        • Table REST OF WESTERN EUROPE: HVAC INSULATION MARKET SIZE, BY APPLICATION, 2014-2021 (USD MILLION)
        • Table REST OF WESTERN EUROPE: HVAC INSULATION MARKET SIZE, BY TYPE, 2014-2021 (USD MILLION)
    • CENTRAL & EASTERN EUROPE
      • Table CENTRAL & EASTERN EUROPE: HVAC INSULATION MARKET SIZE, BY COUNTRY, 2014-2021 (USD MILLION)
      • Table CENTRAL & EASTERN EUROPE: HVAC INSULATION MARKET SIZE, BY APPLICATION, 2014-2021 (USD MILLION)
      • Table CENTRAL & EASTERN EUROPE: HVAC INSULATION MARKET SIZE, BY TYPE, 2014-2021 (USD MILLION)
      • RUSSIA
        • Table RUSSIA: HVAC INSULATION MARKET SIZE, BY APPLICATION, 2014-2021 (USD MILLION)
        • Table RUSSIA: HVAC INSULATION MARKET SIZE, BY TYPE, 2014-2021 (USD MILLION)
      • TURKEY
        • Table TURKEY: HVAC INSULATION MARKET SIZE, BY APPLICATION, 2014-2021 (USD MILLION)
        • Table TURKEY: HVAC INSULATION MARKET SIZE, BY TYPE, 2014-2021 (USD MILLION)
      • REST OF CENTRAL & EASTERN EUROPE
        • Table REST OF CENTRAL & EASTERN EUROPE: HVAC INSULATION MARKET SIZE, BY APPLICATION, 2014-2021 (USD MILLION)
        • Table REST OF CENTRAL & EASTERN EUROPE: HVAC INSULATION MARKET SIZE, BY TYPE, 2014-2021 (USD MILLION)
    • ASIA-PACIFIC
      • Table ASIA-PACIFIC: HVAC INSULATION MARKET SIZE, BY COUNTRY, 2014-2021 (USD MILLION)
      • Table ASIA-PACIFIC: HVAC INSULATION MARKET SIZE, BY APPLICATION, 2014-2021 (USD MILLION)
      • Table ASIA-PACIFIC: HVAC INSULATION MARKET SIZE, BY TYPE, 2014-2021 (USD MILLION)
      • CHINA
        • Table CHINA: HVAC INSULATION MARKET SIZE, BY APPLICATION, 2014-2021 (USD MILLION)
        • Table CHINA: HVAC INSULATION MARKET SIZE, BY TYPE, 2014-2021 (USD MILLION)
      • JAPAN
        • Table JAPAN: HVAC INSULATION MARKET SIZE, BY APPLICATION, 2014-2021 (USD MILLION)
        • Table JAPAN: HVAC INSULATION MARKET SIZE, BY TYPE, 2014-2021 (USD MILLION)
      • AUSTRALIA
        • Table AUSTRALIA: HVAC INSULATION MARKET SIZE, BY APPLICATION, 2014-2021 (USD MILLION)
        • Table AUSTRALIA: HVAC INSULATION MARKET SIZE, BY TYPE, 2014-2021 (USD MILLION)
      • INDIA
        • Table INDIA: HVAC INSULATION MARKET SIZE, BY APPLICATION, 2014-2021 (USD MILLION)
        • Table INDIA: HVAC INSULATION MARKET SIZE, BY TYPE, 2014-2021 (USD MILLION)
      • MALAYSIA
        • Table MALAYSIA: HVAC INSULATION MARKET SIZE, BY APPLICATION, 2014-2021 (USD MILLION)
        • Table MALAYSIA: HVAC INSULATION MARKET SIZE, BY TYPE, 2014-2021 (USD MILLION)
      • SOUTH KOREA
        • Table SOUTH KOREA: HVAC INSULATION MARKET SIZE, BY APPLICATION, 2014-2021 (USD MILLION)
        • Table SOUTH KOREA: HVAC INSULATION MARKET SIZE, BY TYPE, 2014-2021 (USD MILLION)
      • INDONESIA
        • Table INDONESIA: HVAC INSULATION MARKET SIZE, BY APPLICATION, 2014-2021 (USD MILLION)
        • Table INDONESIA: HVAC INSULATION MARKET SIZE, BY TYPE, 2014-2021 (USD MILLION)
      • REST OF ASIA-PACIFIC
        • Table REST OF ASIA-PACIFIC: HVAC INSULATION MARKET SIZE, BY APPLICATION, 2014-2021 (USD MILLION)
        • Table REST OF ASIA-PACIFIC: HVAC INSULATION MARKET SIZE, BY TYPE, 2014-2021 (USD MILLION)
    • MIDDLE EAST & AFRICA
      • Table MIDDLE EAST & AFRICA: HVAC INSULATION MARKET SIZE, BY COUNTRY, 2014-2021 (USD MILLION)
      • Table MIDDLE EAST & AFRICA: HVAC INSULATION MARKET SIZE, BY APPLICATION, 2014-2021 (USD MILLION)
      • Table MIDDLE EAST & AFRICA: HVAC INSULATION MARKET SIZE, BY TYPE, 2014-2021 (USD MILLION)
      • UAE
        • Table UAE: HVAC INSULATION MARKET SIZE, BY APPLICATION, 2014-2021 (USD MILLION)
        • Table UAE: HVAC INSULATION MARKET SIZE, BY TYPE, 2014-2021 (USD MILLION)
      • SAUDI ARABIA
        • Table SAUDI ARABIA: HVAC INSULATION MARKET SIZE, BY APPLICATION, 2014-2021 (USD MILLION)
        • Table SAUDI ARABIA: HVAC INSULATION MARKET SIZE, BY TYPE, 2014-2021 (USD MILLION)
      • KUWAIT
        • Table KUWAIT: HVAC INSULATION MARKET SIZE, BY APPLICATION, 2014-2021 (USD MILLION)
        • Table KUWAIT: HVAC INSULATION MARKET SIZE, BY TYPE, 2014-2021 (USD MILLION)
      • SOUTH AFRICA
        • Table SOUTH AFRICA: HVAC INSULATION MARKET SIZE, BY APPLICATION, 2014-2021 (USD MILLION)
        • Table SOUTH AFRICA: HVAC INSULATION MARKET SIZE, BY TYPE, 2014-2021 (USD MILLION)
      • REST OF MIDDLE EAST & AFRICA
        • Table REST OF MIDDLE EAST & AFRICA: HVAC INSULATION MARKET SIZE, BY APPLICATION, 2014-2021 (USD MILLION)
        • Table REST OF MIDDLE EAST & AFRICA: HVAC INSULATION MARKET SIZE, BY TYPE, 2014-2021 (USD MILLION)
    • LATIN AMERICA
      • Table LATIN AMERICA: HVAC INSULATION MARKET SIZE, BY COUNTRY, 2014-2021 (USD MILLION)
      • Table LATIN AMERICA: HVAC INSULATION MARKET SIZE, BY APPLICATION, 2014-2021 (USD MILLION)
      • Table LATIN AMERICA: HVAC INSULATION MARKET SIZE, BY TYPE, 2014-2021 (USD MILLION)
      • BRAZIL
        • Table BRAZIL: HVAC INSULATION MARKET SIZE, BY APPLICATION, 2014-2021 (USD MILLION)
        • Table BRAZIL: HVAC INSULATION MARKET SIZE, BY TYPE, 2014-2021 (USD MILLION)
      • REST OF LATIN AMERICA
        • Table REST OF LATIN AMERICA: HVAC INSULATION MARKET SIZE, BY APPLICATION, 2014-2021 (USD MILLION)
        • Table REST OF LATIN AMERICA: HVAC INSULATION MARKET SIZE, BY TYPE, 2014-2021 (USD MILLION)
  • COMPETITIVE LANDSCAPE
    • OVERVIEW
    • MARKET SHARE ANALYSIS
    • PRODUCT MAPPING OF KEY PLAYERS
    • COMPETITIVE SITUATIONS AND TRENDS
    • COMPETITIVE BENCHMARKING AND LANDSCAPE
      • EXPANSION
        • Table EXPANSION, 2012-2016
      • NEW PRODUCT LAUNCH
        • Table NEW PRODUCT LAUNCH, 2012-2016
      • ACQUISITION
        • Table ACQUISITION, 2012-2016
      • NEW TECHNOLOGY DEVELOPMENT AND INNOVATION
        • Table NEW TECHNOLOGY DEVELOPMENT, 2012-2016
  • COMPANY PROFILES
    • SAINT-GOBAIN S.A.
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
      • SWOT ANALYSIS
      • MNM VIEW
    • PPG INDUSTRIES INC.
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • SWOT ANALYSIS
      • MNM VIEW
    • OWENS CORNING CORPORATION
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
      • SWOT ANALYSIS
      • MNM VIEW
    • ROCKWOOL INTERNATIONAL A/S
      • BUSINESS OVERVIEW
      • RECENT DEVELOPMENTS
      • SWOT ANALYSIS
      • MNM VIEW
    • ARMACELL INTERNATIONAL S.A.
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
      • SWOT ANALYSIS
      • MNM ANALYSIS
    • JOHNS MANVILLE CORPORATION
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • SWOT ANALYSIS
      • MNM VIEW
    • XIAMEN GOOT ADVANCED MATERIAL CO.
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
    • L'ISOLANTE K-FLEX S.P.A.
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • SWOT ANALYSIS
      • MNM VIEW
    • GLASSROCK INSULATION CO S.A.
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • SWOT ANALYSIS
      • MNM VIEW
    • KNAUF INSULATION
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
      • SWOT ANALYSIS
      • MNM VIEW
    • ARABIAN FIBERGLASS INSULATION CO., LTD. (AFICO)
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
    • FLETCHER INSULATION PTY LTD.
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
    • KINGSPAN GROUP PLC
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
      • SWOT ANALYSIS
      • MNM ANALYSIS
    • KUWAIT INSULATING MATERIAL MANUFACTURING CO. (KIMMCO)
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
    • PAROC GROUP OY
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENT
      • SWOT ANALYSIS
      • MNM VIEW
    • OTHER KEY PLAYERS
  • APPENDIX
    • DISCUSSION GUIDE
    • INTRODUCING RT: REAL TIME MARKET INTELLIGENCE
    • KNOWLEDGE STORE: MARKETSANDMARKETS' SUBSCRIPTION PORTAL
    • AVAILABLE CUSTOMIZATIONS
    • RELATED REPORTS

Download our eBook: How to Succeed Using Market Research

Learn how to effectively navigate the market research process to help guide your organization on the journey to success.

Download eBook

Share this report