Lewes, DE -- (SBWIRE) -- 12/16/2016 -- Report forecast the global HVAC insulation market to grow at a CAGR of 7.7% during the period 2016-2020.

Heating, ventilation, and air conditioning (HVAC) is one of the most energy-intensive systems in commercial and residential buildings. HVAC insulation is crucial to the energy efficiency, performance, and sustainability of HVAC systems. HVAC insulation helps in controlling the heat that is dissipated through conduction, convection, and radiation. Apart from their unique thermal properties, insulation materials also provide protection against sound, fire, and physical impact.

The report covers the present scenario and the growth prospects of the global HVAC insulation market for 2016-2020. To calculate the market size, the report covers the present scenario and the growth prospects of the global HVAC insulation market for the period 2016-2020.

The market is divided into the following segments based on geography:
- Americas
- APAC
- EMEA

According to the report, one of the primary drivers in the market is increased construction activities.

Further, the report states that one major challenge in the market is capital-intensive market. The global HVAC market is capital-intensive, which is restricting the greater deployment of HVAC systems, thus negatively impacting the HVAC insulation market. HVAC market vendors face difficulty in investing heavily in R&D activities and marketing campaigns. Many end-users also struggle to purchase HVAC equipment as it requires high initial investment. In developing countries, especially, the high cost hinders many residential users from buying residential HVAC equipment such as household furnaces, ACs, and others.

Global HVAC Insulation Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

key players in the global HVAC insulation market: Johns Manville, Knauf Insulation, Owens Corning, ROCKWOOL, and Saint-Gobain ISOVER.

Other prominent vendors in the market are: Armacell, CSR Building Products, K-Flex USA, Kingspan, and Huntsman.

Market driver
- Accelerating demand for HVAC equipment.
- For a full, detailed list, view our report

Market challenge
- Lack of awareness about benefits of insulation.
- For a full, detailed list, view our report

Market trend
- Growing use of recyclable insulation materials.
- For a full, detailed list, view our report

Key questions answered in this report
- What will the market size be in 2020 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?

Spanning over 77 pages and 35 Exhibits "Global HVAC Insulation Market 2016 - 2020" report covers Executive summary, Scope of the report, Market research methodology, Introduction, Market landscape, Market segmentation by material type, Market segmentation by end-user, Geographical segmentation, Market drivers, Market challenges, Impact of drivers and challenges, Market trends, Vendor landscape, Key vendor analysis, Appendix.

For more information Visit at: http://www.marketresearchreports.com/technavio/global-hvac-insulation-market-2016-2020

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