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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

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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), LISOLANTE 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,.
  

1.... Introduction. 16

1.1 Objectives of the study. 16

1.2 market definition. 17

1.3 market Scope. 17

1.4 Currency & Pricing. 19

1.5 limitation. 19

1.6 Stakeholders. 19

2.... RESEARCH METHODOLOGY. 20

2.1 research data. 20

2.1.1 Secondary data. 21

2.1.1.1 Key data from secondary sources. 21

2.1.2 primary data. 22

2.1.2.1 Key data from primary sources. 22

2.1.2.2 Key industry insights. 23

2.1.2.3 Breakdown of primary interviews. 23

2.2 Market Size Estimation. 24

2.2.1 Bottom-Up Approach.. 25

2.2.2 TOP-DOWN APPROACH.. 26

2.3 Market breakdown and data triangulation. 27

2.4 research Assumption. 28

3.... EXECUTIVE SUMMARY. 29

4.... Premium insights. 33

4.1 Attractive opportunity in the HVAC insulation market. 33

4.2 hvac insulation market, by type, 2016-2021 (usd million) 33

4.3 HVAC insulation market in asia-pacific, 2015. 34

4.4 U.S. leads the HVAC insulation market. 35

4.5 HVAC insulation market: developed vs. developing nations. 35

4.6 Lifecycle analysis, by Region. 36

5.... market overview.. 37

5.1 Introduction. 38

5.2 MARKET SEGMENTATION. 38

5.2.1 by type. 38

5.2.2 by application.. 39

5.2.3 by region.. 39

5.3 Market dynamics. 40

5.3.1 drivers. 41

5.3.1.1 Rising growth of the construction industry. 41

5.3.2 RESTRAINTS. 43

5.3.2.1 Lack of awareness about buildings’ energy efficiency. 43

5.3.3 OPPORTUNITIES. 43

5.3.3.1 Stringent government regulations encouraging energy efficiency. 43

5.3.4 challenges. 44

5.3.4.1 Lack of proper disposal & recycling technique for glass wool 44

6.... industry trends. 45

6.1 Introduction. 45

6.2 VALUE CHAIN ANALYSIS. 45

6.3 porter’s five forces analysis. 47

6.3.1 BARGAINING POWER OF SUPPLIERS. 48

6.3.2 bargaining power of buyers. 48

6.3.3 THREAT of SUBSTITUTES. 48

6.3.4 Threat of new Entrants. 49

6.3.5 intensity of competitive rivalry. 49

7.... macro economic overview and key drivers. 50

7.1 introduction. 50

7.2 trends and Forecast of gdp. 50

7.3 trends and forecast of the construction industry. 52

7.3.1 u.k and germany to spend largest amount for construction growth, in Europe. 53

7.3.2 china and india to spend largest amount for construction growth in asia-pacific 54

7.3.3 brazil and saudi arabia to spend largest amount for constrcution growth, in LAMEA. 55

8.... HVAC Insulation market, by type. 56

8.1 introduction. 57

8.2 mineral wool. 59

8.2.1 glass wool. 59

8.3 plastic foams. 61

8.3.1 Phenolic foam.. 61

8.3.2 Elastomeric foam.. 62

8.4 Others. 64

 

 

9.... HVAC INSULATION market, by application. 65

9.1 introduction. 66

9.2 residential. 67

9.3 commercial. 68

9.4 industrial. 70

10.. HVAC insulation market, by Region. 72

10.1 introduction. 73

10.2 north america. 74

10.2.1 u.s. 77

10.2.2 canada. 79

10.2.3 mexico.. 80

10.3 Western europe. 81

10.3.1 U.K. 82

10.3.2 Germany. 84

10.3.3 FRANCE. 85

10.3.4 ItALY. 86

10.3.5 rest of western europe. 87

10.4 central & eASTERN EUROPE. 88

10.4.1 russia. 89

10.4.2 Turkey. 90

10.4.3 Rest of Central & Eastern Europe. 91

10.5 asia-pacific. 92

10.5.1 china. 95

10.5.2 japan.. 97

10.5.3 Australia. 98

10.5.4 india. 99

10.5.5 MALAYSIA. 100

10.5.6 south korea. 101

10.5.7 indonesia. 102

10.5.8 Rest of Asia-pacific. 103

10.6 mIDDLE EAST & AFRICA. 104

10.6.1 uae. 105

10.6.2 Saudi arabia. 106

10.6.3 kuwait. 108

10.6.4 south africa. 109

10.6.5 Rest of middle east & africa. 110

10.7 Latin america. 111

10.7.1 brazil. 112

10.7.2 rest of latin america. 113

 

 

11.. COMPETITIVE LANDSCAPE. 114

11.1 OVERVIEW.. 114

11.2 Market share analysis. 115

11.3 product mapping of key players. 116

11.4 COMPETITIVE SITUATIONs and TRENDS. 117

11.5 Competitive Benchmarking and Landscape. 120

11.5.1 expansion.. 120

11.5.2 new product launch.. 121

11.5.3 acquisition.. 122

11.5.4 new technology development and innovation.. 123

12.. COMPANY PROFILES. 124

(Overview, Financial*, Products & Services, Strategy, and Developments)

12.1 SAINT-GOBAIN s.a. 124

12.2 PPG Industries inc. 128

12.3 Owens Corning corporation. 130

12.4 rockwool international a/s. 133

12.5 Armacell International S.A. 136

12.6 Johns Manville Corporation. 139

12.7 Xiamen Goot Advanced Material Co. 142

12.8 LISOLANTE K-FLEX S.p.A. 143

12.9 Glassrock Insulation Co S.A. 145

12.10 Knauf Insulation. 147

12.11 Arabian Fiberglass Insulation Co., Ltd. (AFICO) 150

12.12 fletcher insulation pty ltd. 151

12.13 kingspan group plc. 153

12.14 Kuwait Insulating material manufacturing Co. (Kimmco) 156

12.15 Paroc Group Oy. 157

12.16 other KEY PLAYERS. 161

*Details might not be captured in case of unlisted companies.

13.. Appendix. 162

13.1 DISCUSSION GUIDE. 162

13.2 INTRODUCING RT: REAL TIME MARKET INTELLIGENCE. 165

13.3 Knowledge Store: MarketsandMarkets’ subscription portal. 166

13.4 AVAILABLE CUSTOMIZATIONS. 168

13.5 related reports. 169


List Of Tables

TABLE 1               HVAC insulation MARKET SIZE, BY REGION, 2015–2021 (USD MILLION) 30

TABLE 2               HVAC insulation market, by type  38

TABLE 3               HVAC insulation market, by application   39

TABLE 4               Construction industry growth rate in major countries, 2016–2021   42

TABLE 5               trends and forecast of GDP, 2016–2021 (USD Billion) 50

TABLE 6               contribution of construction industry to north america gdp,
USD billion (2014-2021) 52

TABLE 7               contribution of construction industry to europe gdp,
USD billion (2014-2021) 53

TABLE 8               contribution of construction industry to asia-pacific gdp,
USD billion (2014-2021) 54

TABLE 9               contribution of construction industry to lamea gdp,
USD billion (2014-2021) 55

TABLE 10             Temperature limits of some commonly used insulation materials  57

TABLE 11             HVAC INSULATION MARKET SIZE, BY type, 2014–2021 (USD MILLION) 58

TABLE 12             hvac insulation market size oF glass wool, By Region, 
2014–2021 (USD million) 59

TABLE 13             stone wool HVAC Insulation market size, By REGION,
2014–2021 (USD MILLION) 60

TABLE 14             Phenolic foam HVAC Insulation market size, By REGION, 
2014–2021 (USD MILLION) 62

TABLE 15             elastomeric foam HVAC Insulation market size, By REGION, 
2014–2021 (USD MILLION) 63

TABLE 16             other HVAC Insulation market size, By REGION, 2014–2021 (USD MILLION) 64

TABLE 17             HVAC INSULATION market size, by application, 2014–2021 (USD Million) 66

TABLE 18             HVAC insulation MARKET SIZE IN the residential building application,  2014–2021 (USD Million) 67

TABLE 19             HVAC insulation MARKET SIZE IN the commercial building application,  2014–2021 (USD Million) 69

TABLE 20             HVAC insulation MARKET SIZE IN the industrial building application,  2014–2021 (USD Million) 71

TABLE 21             HVAC INSULATION Market size, by region, 2014–2021 (usd million) 74

TABLE 22             north america: HVAC insulation market size, by country, 
2014–2021 (USD million) 75

TABLE 23             north america: HVAC insulation market size, by application, 
2014–2021 (USD million) 76

TABLE 24             north america: HVAC insulation market size, by type,
2014–2021 (USD million) 76

TABLE 25             u.s.: HVAC insulation market size, by application,
2014–2021 (USD million) 78

TABLE 26             U.S.: HVAC insulation market size, by type, 2014–2021 (USD million) 78

TABLE 27             canada: HVAC insulation market size, by application,
2014–2021 (USD million) 79

TABLE 28             CANADA: HVAC insulation market size, by type, 2014–2021 (USD million) 79

TABLE 29             mexico: HVAC insulation market size, by application,
2014–2021 (USD million) 80

TABLE 30             mexico: HVAC insulation market size, by type, 2014–2021 (USD million) 80

TABLE 31             western europe: HVAC insulation market size, by country, 
2014–2021 (USD million) 81

TABLE 32             WESTERN EUROPE: HVAC insulation market size, by application, 
2014–2021 (USD million) 82

TABLE 33             WESTERN EUROPE: HVAC insulation market size, by type, 
2014–2021 (USD million) 82

TABLE 34             U.K.: HVAC insulation market size, by application,
2014–2021 (USD million) 83

TABLE 35             u.k.: HVAC insulation market size, by type, 2014–2021 (USD million) 83

TABLE 36             gERMANY: HVAC insulation market size, by application, 
2014–2021 (USD million) 84

TABLE 37             germany: HVAC insulation market size, by type, 2014–2021 (USD million) 84

TABLE 38             france: HVAC insulation market size, by application,
2014–2021 (USD million) 85

TABLE 39             france: HVAC insulation market size, by type, 2014–2021 (USD million) 85

TABLE 40             ITALY: HVAC insulation market size, by application,
2014–2021 (USD million) 86

TABLE 41             iTALY: HVAC insulation market size, by type, 2014–2021 (USD million) 86

TABLE 42             rest of western europe: HVAC insulation market size, by application,  2014–2021 (USD million) 87

TABLE 43             rest of western europe: HVAC insulation market size, by type, 
2014–2021 (USD million) 87

TABLE 44             central & eastern europe: HVAC insulation market size, by country,  2014–2021 (USD million) 88

TABLE 45             central & EASTerN EUROPE: HVAC insulation market size, by application,  2014–2021 (USD million) 88

TABLE 46             central & EASTERN EUROPE: HVAC insulation market size, by type, 
2014–2021 (USD million) 89

TABLE 47             russia: HVAC insulation market size, by application,
2014–2021 (USD million) 89

TABLE 48             russia: HVAC insulation market size, by type, 2014–2021 (USD million) 90

TABLE 49             Turkey: HVAC insulation market size, by application,
2014–2021 (USD million) 91

TABLE 50             turkey: HVAC insulation market size, by type, 2014–2021 (USD million) 91

TABLE 51             rest of central & eastern europe: HVAC insulation market size, 
by application, 2014–2021 (USD million) 92

TABLE 52             rest of central & eastern europe: HVAC insulation market size, by type,  2014–2021 (USD million) 92

TABLE 53             asia-pacific: HVAC insulation market size, by country, 
2014–2021 (USD million) 93

TABLE 54             asia-pacific: HVAC insulation market size, by application, 
2014–2021 (USD million) 94

TABLE 55             Asia-pacific: HVAC insulation market size, by type,
2014–2021 (USD million) 95

TABLE 56             china: HVAC insulation market size, by application,
2014–2021 (USD million) 95

TABLE 57             CHINA: HVAC insulation market size, by type, 2014–2021 (USD million) 96

TABLE 58             japan: HVAC insulation market size, by application,
2014–2021 (USD million) 97

TABLE 59             japan: HVAC insulation market size, by type, 2014–2021 (USD million) 97

TABLE 60             australia: HVAC insulation market size, by application, 
2014–2021 (USD million) 98

TABLE 61             australia: HVAC insulation market size, by type, 2014–2021 (USD million) 98

TABLE 62             india: HVAC insulation market size, by application,
2014–2021 (USD million) 99

TABLE 63             india: HVAC insulation market size, by type, 2014–2021 (USD million) 99

TABLE 64             MALAYSIA: HVAC insulation market size, by application, 
2014–2021 (USD million) 100

TABLE 65             MALAYSIA: HVAC insulation market size, by type, 2014–2021 (USD million) 100

TABLE 66             South Korea: HVAC insulation market size, by application, 
2014–2021 (USD million) 101

TABLE 67             South Korea: HVAC insulation market size, by type,
2014–2021 (USD million) 101

TABLE 68             indonesia: HVAC insulation market size, by application, 
2014–2021 (USD million) 102

TABLE 69             indonesia: HVAC insulation market size, by type,
2014–2021 (USD million) 102

TABLE 70             Rest of Asia-pacific: HVAC insulation market size, by application, 
2014–2021 (USD million) 103

TABLE 71             Rest of Asia-pacific: HVAC insulation market size, by type, 
2014–2021 (USD million) 103

TABLE 72             middle east & africa: HVAC insulation market size, by country, 
2014–2021 (USD million) 104

TABLE 73             middle east & africa: HVAC insulation market size, by application,  2014–2021 (USD million) 104

TABLE 74             middle east & africa: HVAC insulation market size, by type, 
2014–2021 (USD million) 105

TABLE 75             uae: HVAC insulation market size, by application,
2014–2021 (USD million) 106

TABLE 76             uae: HVAC insulation market size, by type, 2014–2021 (USD million) 106

TABLE 77             saudi arabia: HVAC insulation market size, by application, 
2014–2021 (USD million) 107

TABLE 78             saudi arabia: HVAC insulation market size, by type,
2014–2021 (USD million) 107

TABLE 79             kuwait: HVAC insulation market size, by application,
2014–2021 (USD million) 108

TABLE 80             kuwait: HVAC insulation market size, by type, 2014–2021 (USD million) 108

TABLE 81             south africa: HVAC insulation market size, by application, 
2014–2021 (USD million) 109

TABLE 82             south africa: HVAC insulation market size, by type,
2014–2021 (USD million) 109

TABLE 83             Rest of middle east & africa: HVAC insulation market size,
by application, 2014–2021 (USD million) 110

TABLE 84             Rest of middle east & africa: HVAC insulation market size, by type,  2014–2021 (USD million) 110

TABLE 85             latin America: HVAC insulation market size, by country, 
2014–2021 (USD million) 111

TABLE 86             latin America: HVAC insulation market size, by application, 
2014–2021 (USD million) 111

TABLE 87             latin America: HVAC insulation market size, by type,
2014–2021 (USD million) 111

TABLE 88             brazil: HVAC insulation market size, by application,
2014–2021 (USD million) 112

TABLE 89             brazil: HVAC insulation market size, by type, 2014–2021 (USD million) 112

TABLE 90             rest of latin america: HVAC insulation market size, by application,  2014–2021 (USD million) 113

TABLE 91             rest of latin america: HVAC insulation market size, by type, 
2014–2021 (USD million) 113

TABLE 92             expansion, 2012–2016   120

TABLE 93             new product launch, 2012–2016   121

TABLE 94             acquisition, 2012–2016   122

TABLE 95             new technology development, 2012–2016   123


List Of Figures

 

FIGURE 1             Years considered for the report  18

FIGURE 2             HVAC insulation market: research design   20

FIGURE 3             Market size estimation: bottoM-up approach   25

FIGURE 4             Market size estimation: Top-Down approach   26

FIGURE 5             Market breakdown and data triangulation   27

FIGURE 6             commercial buildings to be the fastest-growing application in the HVAC insulation market during the forecast period   29

FIGURE 7             glass wool will continue to dominate the HVAC insulation market
till 2021   30

FIGURE 8             Phenolic foam Was the fastest growing type in the HVAC insulation market in 2015   31

FIGURE 9             Middle east & africa to be the fastest-growing HVAC insulation market between 2016 and 2021   31

FIGURE 10          opportunities in HVAC INSULATION market (2016–2021) 33

FIGURE 11          asia pacific contributed for the Largest share among all types of hvac insulation in 2015   33

FIGURE 12          commercial building Application Accounted for the Largest share in the HVAC INSULATION market in asia-pacific, 2015   34

FIGURE 13          u.s. accounted for the largest share in the hvac insulation market
in 2015   35

FIGURE 14          Developing countries to grow faster than the developed ones  35

FIGURE 15          HVAC insulation market in the middle east & africa and western europe to witness high growth during the forecast period   36

FIGURE 16          hvac insulation market, by region   39

FIGURE 17          rising growth of the construction industry and increasing demand for hvac systems drive the HVAC insulation market  40

FIGURE 18          Value chain analysis: HVAC insulation MARKET  45

FIGURE 19          Porter’s five forces analysis  47

FIGURE 20          U.S., China, and Japan to be the fastest-growing economies  51

FIGURE 21          north america construction contribution to gdp  52

FIGURE 22          europe construction contribution to gdp  53

FIGURE 23          asia pacific  construction contribution to gdp  54

FIGURE 24          LAMEA construction contribution to gdp  55

FIGURE 25          GLASS WOOL HVAC INSULATION market to account for the largest share, by 2021   58

FIGURE 26          asia-pacific to dominate the glass wool HVAC Insulation MArket, between 2016 and 2021   59

FIGURE 27          MIDDLE EAST & AFRICA to be the fastest-growing stone wool HVAC Insulation MArket between 2016 and 2021 (usd million) 60

FIGURE 28          MIDDLE EAST & AFRICA to be the fastest-growing MArket for phenolic foam between 2016 and 2021   61

FIGURE 29          MIDDLE EAST & AFRICA to be the fastest-growing MArket for elastomeric foam between 2016 and 2021   63

FIGURE 30          residential application is projected to register the fastest growth, between 2016 and 2021   66

FIGURE 31          middle east & africa to be the fastest growing market IN the residential building APPLICATION, in 2015   67

FIGURE 32          asia-pacific to be the largest HVAC insulation MARKET in the commercial building APPLICATION, by 2021   69

FIGURE 33          asia-pacific to account for the largest market share IN the INDUSTRIAL BUILDING APPLICATION, by 2021   70

FIGURE 35          U.S. IS PROJECTED TO BE THE FASTEST-GROWING MARKET IN NORTH AMERICA, 2016–2021   75

FIGURE 36          u.s. LEADS the HVAC insulation market in north america  77

FIGURE 37          Asia-pacific HVAC insulation market snapshot: China, Japan, and australia are the most lucrative markets  94

FIGURE 38          CHINA is THE MAJOR HVAC INSULATION MARKET IN ASIA-PACIFIC, 2015   96

FIGURE 39          Companies adopted EXPANSIONS as the key growth strategy  114

FIGURE 40          Saint Gobain S.A. dominates the global HVAC insulation market, in 2015   115

FIGURE 41          TYPE mapping of leading market players  116

FIGURE 42          StratEgIEs followed by key market players between 2012 and 2016   117

FIGURE 43          EXPANSIONS and new product launchES: THE Most PREFERRED STRATEGies ADOPTED BY COMPANIES between 2012 and 2016   118

FIGURE 45          SAINT GOBAIN: COMPANY SNAPSHOT  124

FIGURE 46          SAINT GOBAIN: swot analysis  127

FIGURE 47          ppg INDUSTRIES inc.: company snapshot  128

FIGURE 48          ppg industries inc.: Swot analysis  129

FIGURE 49          Owens corning corporation: company snapshot  130

FIGURE 50          owens corning Corporation: swot analysis  132

FIGURE 51          Rockwool international A/s: company snapshot  133

FIGURE 52          rockwool international a/s  135

FIGURE 53          Armacell International S.A.: company snapshot  136

FIGURE 54          Armacell International S.A.: swot analysis  138

FIGURE 55          johns manville corporation: company snapshot  139

FIGURE 56          johns manville: swot analysis  141

FIGURE 57          LISOLANTE K-FLEX S.p.A.: swot analysis  144

FIGURE 58          Glassrock Insulation Co S.A.: swot analysis  146

FIGURE 59          knauf insulation : swot analysis  149

FIGURE 60          kingspan group plc: company snapshot  153

FIGURE 61          kingspan group: swot analysis  155

FIGURE 62          Paroc Group Oy: company snapshot  157

FIGURE 63          paroc group oy: swot analysis  160

 


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Reports Details

Published Date : Jun 2016
No. of Pages :170
Country :Global
Category :Chemicals
Publisher :MarketsandMarkets
Report Delivery By :Email
Report Delivery Time :12 to 24 hours after placing the order.

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