LONDON, Dec. 14, 2016 /PRNewswire/ -- Trends, opportunities and forecast in this market to 2021 by material type (fiberglass, plastic foam, stone wool, others), end use industry (residential, healthcare and institutional, manufacturing and industrial, office, retail, others), component (ducts, pipes) and region (North America, Europe, Asia Pacific, Rest of the World)
The HVAC insulation market looks good with opportunities in the residential and non-residential segments. The global HVAC insulation market is expected to reach an estimated $5.2 billion by 2021 and is forecast to grow at a CAGR of 5.2% from 2016 to 2021. The major drivers of growth for this market are the growth in HVAC system and government regulations to increase energy efficiency.
The emerging trends that have a direct impact on the dynamics of the industry include increasing demand for high-temperature insulation and the growing use of eco-friendly materials.
A total of 159 figures / charts and 44 tables are provided in this 179-page report to help in your business decisions.
The report serves as a springboard for growth strategy because it provides comprehensive data and analysis of trends, key drivers, and directions.
By Material [Volume (M lbs. / Kilotons) and $M shipment analysis for 2010 - 2021]:
- Plastic Foam
- Stone Wool
By End Use Industry [Volume (M lbs. / Kilotons) and $M shipment analysis for 2010 - 2021]:
- Healthcare and Institutional
- Manufacturing and Industrial
By Component [Volume (M lbs. / Kilotons) and $M shipment analysis for 2010 - 2021]:
By Region [Volume (M lbs. / Kilotons) and $M shipment analysis for 2010 - 2021]:
- North America
- Asia Pacific
- The Rest of the World
Saint-Gobain, Kingspan Group, Owens Corning, Knauf Insulation, and Johns Manville are among the major suppliers of HVAC insulation. Some of these companies are also pursuing mergers and acquisitions as strategic initiatives for driving growth.
On the basis of its comprehensive research, the author predicts that duct component segment is expected to show above average growth during the forecast period.
Within the HVAC insulation market, residential end use segment is expected to remain the largest market by value and volume. Growth in demand for HVAC system and increasing awareness of energy efficiency are the major factors which would spur growth for this segment over the forecast period.
Asia Pacific is expected to remain the largest region due to continuous growth in residential and commercial building construction activities; this is particularly true in China and India, where HVAC insulation demand has had marked increases.
This report answers the following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the global HVAC insulation market by material (fiberglass, plastic foam, stone wool, and others), component (ducts and pipes), end use (residential, healthcare and institutional, manufacturing and industrial, office, retail, and others) and region (North America, Europe, APAC, and ROW)?
Q.2. Which product segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the drivers and challenges in the market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are emerging trends in this market and reasons behind them?
Q.7. What are some changing demands of customers in the market?
Q.8. What are the new developments in the market and which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are being implemented by key players for business growth?
Q.10. What are some of the competitive products in this area and how great a threat do they pose for loss of market share through product substitution?
Q.11. What M & A activities have transpired in the last 5 years in this market and what impact have these activities had on the industry?
Lucintel has been in the business of market research and management consulting since 2000 and has published over 600 market intelligence reports in various markets / applications and served over 1,000 clients worldwide. This study is a culmination of four months of full-time effort performed by Lucintel's analyst team.
The analysts used the following sources for the creation and completion of this valuable report:
- In-depth interviews of the major players in this market
- Detailed secondary research from competitors' financial statements and published data
- Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
- A compilation of the experiences, judgments, and insights of Lucintel's professionals, who have analyzed and tracked this market over the years.
Extensive research and interviews are conducted in the supply chain of this market to estimate market share, market size, trends, drivers, challenges, and forecasts in the market. Some of the companies who make the HVAC insulation are Kingspan Group, Owens Corning, Knauf Insulation, Johns Manville, Armacell, Glassrock Insulation, Rockwool, and Paroc. HVAC insulation is used for manufacturing fiberglass, plastic foam, stone wool, and others. Companies who distribute HVAC insulation are Allied Insulation Supply, Bay Industries, Grainger, BlueLinx, CMS Group, Express Insulation, Hampshire Insulation, Sipla Insulation, and Aeroflex USA.
Thus, Lucintel compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. Lucintel then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process.
Download the full report: https://www.reportbuyer.com/product/4445315/
Reportbuyer is a leading industry intelligence solution that provides all market research reports from top publishers
For more information:
Research Advisor at Reportbuyer.com
Tel: +44 208 816 85 48
To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/growth-opportunities-in-the-global-hvac-insulation-market-300378567.html