HVAC insulation market forecast
The heating, ventilation and air conditioning (HVAC) insulation market is incredibly important when building energy efficient homes. A quality insulation system is connected in the reduction of energy losses, operational costs and environmental impacts. According to Persistence Market Research, the global HVAC insulation market is forecast to expand at a CAGR of 4.6 percent and thereby increase from a value of US$ 6.1 billion in 2025, to US$ 8.4 billion by the end of 2032.
One of the most significant factors driving the market is the rising demand for energy-efficient systems. This is driven by conscious builders and the interest of buyers, but most importantly the energy code regulations in place by governmental agencies. HVAC insulation minimizes heat transfers and reduce energy losses which helps lower electricity consumption and operational costs. Advanced materials are also changing the market landscape. Materials like aerogels, vacuum insulation panels and flexible foam insulation are gaining popularity due to their upgraded efficiency and easy installation.
