Description
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).
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).
Table of Contents
Table of Contents:
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)
7 Global HVAC Insulation Market, By Component
7.1 Introduction
7.2 Pipes
7.3 Ducts
8 Global HVAC Insulation Market, By Application
8.1 Introduction
8.2 Residential
8.3 Commercial
8.4 Industrial
9 Global HVAC Insulation Market, By Region
9.1 Introduction
9.2 Americas
9.2.1 Americas: PESTL Analysis
9.2.1.1 Americas Growth Drivers: Impact Analysis
9.2.2 U.S.
9.2.3 Canada
9.2.4 Brazil
9.2.5 Rest of Americas
9.3 Europe
9.3.1 Europe: PESTL Analysis
9.3.2 Europe Growth Drivers: Impact Analysis
9.3.3 Germany
9.3.3.1 Drivers- Germany
9.3.3.1.1 Strong Growth in Industrialization
9.3.3.1.2 Growing Awareness towards Efficient Solutions
9.3.3.2 Germany Growth Drivers: Impact Analysis
9.3.3.3 PESTL- Germany
9.3.3.3.1 Political
9.3.3.3.2 Economic
9.3.3.3.3 Social
9.3.3.3.4 Technological
9.3.3.3.5 Legal
9.3.4 U.K.
9.3.4.1 Drivers- U.K
9.3.4.1.1 Growth in Public & Private Sector
9.3.4.1.2 The rise in Manufacturing Sector
9.3.4.2 U.K. Growth Drivers: Impact Analysis
9.3.4.3 PESTL- U.K
9.3.4.3.1 Political
9.3.4.3.2 Economic
9.3.4.3.3 Social
9.3.4.3.4 Technological
9.3.4.3.5 Legal
9.3.5 France
9.3.5.1 Drivers- France
9.3.5.1.1 Focus on Green Energy
9.3.5.1.2 Growth in Construction Industry
9.3.5.2 France Growth Drivers: Impact Analysis
9.3.5.3 PESTL- France
9.3.5.3.1 Political
9.3.5.3.2 Economic
9.3.5.3.3 Social
9.3.5.3.4 Technological
9.3.5.3.5 Legal
9.3.6 Belgium
9.3.6.1 Drivers- Belgium
9.3.6.1.1 Growth in private-public co-operation projects
9.3.6.1.2 High availability of raw material
9.3.6.2 Belgium Growth Drivers: Impact Analysis
9.3.6.3 PESTL- Belgium
9.3.6.3.1 Political
9.3.6.3.2 Economic
9.3.6.3.3 Social
9.3.6.3.4 Technological
9.3.6.3.5 Legal
9.3.7 Netherlands
9.3.7.1 Drivers- Netherlands
9.3.7.1.1 Growth in construction and engineering sector
9.3.7.1.2 Declining housing loan interest rates
9.3.7.2 Netherlands Growth Drivers: Impact Analysis
9.3.7.3 PESTL- The Netherlands
9.3.7.3.1 Political
9.3.7.3.2 Economic
9.3.7.3.3 Social
9.3.7.3.4 Technological
9.3.7.3.5 Legal
9.3.8 Spain
9.3.8.1 Drivers- Spain
9.3.8.1.1 High investment in construction of infrastructures
9.3.8.1.2 Growth in Value Added Construction
9.3.8.2 Spain Growth Drivers: Impact Analysis
9.3.8.3 PESTL- Spain
9.3.8.3.1 Political
9.3.8.3.2 Economic
9.3.8.3.3 Social
9.3.8.3.4 Technological
9.3.8.3.5 Legal
9.3.9 Rest of Europe
9.4 Asia Pacific
9.4.1 Asia Pacific: PESTL Analysis
9.4.1.1 Asia Pacific Growth Drivers: Impact Analysis
9.4.2 China
9.4.3 India
9.4.4 Japan
9.4.5 Rest of Asia Pacific
9.5 Middle East & Africa
9.5.1 Middle East & Africa: PESTL Analysis
9.5.1.1 Middle East & Africa Growth Drivers: Impact Analysis
9.5.2 Middle East
9.5.3 Africa
10 Competitive Landscape
10.1 Global Market Share Analysis
11 Company Profiles
11.1 Saint-Gobain S.A.
11.1.1 Company Overview
11.1.2 Financials
11.1.3 Products
11.1.4 Strategy
11.1.5 Key Developments
11.2 Owen Corning Corporation
11.2.1 Company Overview
11.2.2 Financials
11.2.3 Products
11.2.4 Strategy
11.2.5 Key Developments
11.3 Rockwool International A/S
11.3.1 Company Overview
11.3.2 Financials
11.3.3 Products
11.3.4 Strategy
11.3.5 Key Developments
11.4 Kingspan Group Plc.
11.4.1 Company Overview
11.4.2 Financials
11.4.3 Products
11.4.4 Strategy
11.4.5 Key Developments
11.5 Fletcher Insulation
11.5.1 Company Overview
11.5.2 Financials
11.5.3 Products
11.5.4 Strategy
11.5.5 Key Developments
11.6 PPG Industries Inc.
11.6.1 Company Overview
11.6.2 Financials
11.6.3 Products
11.6.4 Strategy
11.6.5 Key Developments
11.7 Armacell International S.A.
11.7.1 Company Overview
11.7.2 Financials
11.7.3 Products
11.7.4 Strategy
11.7.5 Key Developments
11.8 L’ISOLANTE K-FLEX S.p.A.
11.8.1 Company Overview
11.8.2 Financials
11.8.3 Products
11.8.4 Strategy
11.8.5 Key Developments
11.9 Knauf Insulation
11.9.1 Company Overview
11.9.2 Financials
11.9.3 Products
11.9.4 Strategy
11.9.5 Key Developments
11.1 KIMMCO
11.10.1 Company Overview
11.10.2 Financials
11.10.3 Products
11.10.4 Strategy
11.10.5 Key Developments
11.11 Glasswool
11.11.1 Company Overview
11.11.2 Financials
11.11.3 Products
11.11.4 Strategy
11.11.5 Key Developments
