North America and GCC HVAC insulation wraps and tapes market is estimated to reach 955 million square meters by the end of 2024 and is expected to register a CAGR of 6.2% during the market review period of 2017 to 2024. In terms of volume, the North America and GCC HVAC insulation bonding products, such as adhesives and sealants market is expected to be pegged at 456 KT by the end of 2024, registering a CAGR of 6.0%. Some of the various market drivers and trends associated with the growth of the HVAC insulation market in the target regions include burgeoning construction activities with favorable economic conditions in both the regions. The housing market crisis in the U.S. is regaining its stability and is projected to grow substantially in the years to come, registering a high growth since 2007 of more than 6%. In terms of revenue growth, the U.S. residential, commercial, infrastructure, and industrial and institutional construction are expected to grow at the CAGRs of ~6.6%, 6.8%, 4.1%, 6.9%, and 4.4%, respectively, in the coming years supported by urbanization and government initiatives, such as Manufacturing Extension Partnership (MEP) and Telehealth Network Grant Program (TNGP), among others. The raining oil prices in the middle eastern region along with upcoming mega-events, such as EXPO 2020 in Dubai, FIFA 2022 in Qatar, and vast investments for building mega-city in Saudi Arabia have kick-started the construction sector in the GCC, offering substantial market opportunities for HVAC insulation materials in the region.

North America & GCC HVAC Insulation Wraps Market Share, by Type 2016, (%)

Source: MRFR Report

Regional Analysis
Regionally, the HVAC insulation market is divided into two main regions, namely North America and GCC. North America dominated the HVAC insulation market in terms of consumption. GCC will be growing at a rapid pace in terms of value and volume, owing to the burgeoning construction activities in countries, such as the UAE, Saudi Arabia, and Qatar. However, North America is anticipated to retain its dominance throughout the forecast period. In terms of value, the North American HVAC insulation wraps and tapes market is anticipated to reach USD 1,518.0 million by the end of 2024, registering a CAGR of 6.4% through the forecast period.
Segmentation
The North America and GCC HVAC insulation market is segmented into type, application, and region. On the basis of type, the HVAC insulation market is segmented into wraps, tapes, and adhesives and sealants. Each type is further sub-segmented based on different types of products. HVAC wraps are further sub-divided into aluminum foil laminate, multi-ply membrane, insulation jacketing tapes, and polyethylene duct wrap, among others. HVAC tapes are sub-segmented into metal duct tape, fiberglass duct tape, aluminum insulation tape, corrosion control tapes, reflective tapes, and PVC tapes, among others. Adhesives and sealants are sub-divided into PVC adhesives, polystyrene foam adhesives, and water-based insulation adhesives, among others. On the basis of application, the market is segmented into institutions, hospitals, office buildings, malls, airports, food & beverages, residential buildings, general commercial, warehouses, and lodging, among others. Based on countries, the North America and GCC market is divided into the U.S., Canada, Saudi Arabia, the UAE, Qatar, Kuwait, Oman, and Bahrain.
Key Players
Some of the key players operating in the North America & GCC HVAC insulation market are Design Polymerics, Duro Dyne, Elgen Manufacturing, CL Ward and Family, Ductmate, Hardcast (Carlisle), Polymer Adhesives, RCD Corporation, ITW Polymers Sealants North America, Henkel Corporation, Pidilite Industries Ltd., Bostik (ARKEMA GROUP), XCHEM International L.L.C., and Delmon, among others
Geographic Analysis
The report covers brief analysis of geographical regions such as:
• North America
o U.S.
o Canada
• GCC
o Saudi Arabia
o UAE
o Qatar
o Kuwait
o Oman
o Bahrain

Key Findings
Market Research Future concludes that the North America & GCC HVAC insulation market is growing as per the analysis. The market will register a healthy growth during the forecast period, attributed to the burgeoning construction in both the regions. North America & GCC HVAC insulation wraps and tapes market is projected to reach USD 2,004.8 million by 2024 at a CAGR of 6.63% during the review period of 2017 to 2024. Whereas, the North America and GCC HVAC adhesives and sealants market is expected to reach USD 1,490.6 million by the end of 2024 and is expected to register a CAGR of 6.28% during the review period.

Intended Audience

• HVAC insulation manufacturers
• HVAC insulation material traders
• Potential investors
• HVAC insulation suppliers

DC – Description
• HVAC insulation
• Duct insulation
• Ductwork Insulation
• Duct Wrap
• Air Duct Insulation

Table of Contents:

1 Executive Summary
2 Scope of The Report
2.1 Market Definition
2.2 Scope of The Study
2.2.1 Research Objectives
2.2.1 Assumptions
2.2.2 Limitations
2.3 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 Positive Outlook for Construction Sector in the U.S.
4.2.2 Huge Investments In The GCC Construction Sector
4.3 Restraints
4.3.1 Changing Regulations in the HVAC industry
4.4 Opportunities
4.4.1 Evolution of smart buildings in the North America
4.4.2 GCC Initiatives for Sustainable Buildings
4.6 Trends
4.6.1 Increasing awareness of pre-insulated ducts & duct insulation
4.6.2 Penetration of green & innovative HVAC duct sealing products
4.7 Supply Chain Analysis
4.7.1 Raw Material Supplier
4.7.2 HVAC Insulation Manufacturers
4.7.3 Distributors
4.7.4 End Use Industry
4.8 Porter’s Five Analysis
4.8.1 Threat of new entrants
4.8.2 Threat of rivalry
4.8.3 Bargaining power of supplier
4.8.4 Bargaining power of buyer
4.8.5 Threat of Substitute Products
4.9 Price Point Analysis
4.9.1 Wraps
4.9.2 Tapes
4.9.3 Adhesives & Sealants
4.1 Investment Opportunity Analysis
5 North America & GCC HVAC Insulation Wraps & Tapes Market, By Type
5.1 Introduction
5.2 Wraps
5.3 Tapes
6 North America & GCC HVAC Insulation Wraps & Tapes Market, By Application
6.1 Introduction
7 North America & GCC HVAC Insulation Wraps & Tapes Market, By Region
7.1 Introduction
7.2 North America
7.3 North America
7.3.1 U.S
7.3.2 Canada
7.4 GCC
7.5 GCC
7.5.1 Saudi Arabia
7.5.2 UAE
7.5.3 Qatar
7.5.4 Kuwait
7.5.5 Oman
7.5.6 Bahrain
8 North America & GCC HVAC Insulation Adhesives & Sealants Market, By Type
8.1 Introduction
9 North America & GCC HVAC Insulation Adhesives & Sealants Market, By Application
9.1 Introduction
10 North America & GCC HVAC Insulation Adhesives & Sealants Market, By Region
10.1 Introduction
10.2 North America
10.3 North America
10.3.1 U.S
10.3.2 Canada
10.4 GCC
10.5 GCC
10.5.1 Saudi Arabia
10.5.2 UAE
10.5.3 Qatar
10.5.4 Kuwait
10.5.5 Oman
10.5.6 Bahrain
11 Competitive Landscape
11.1 Introduction
11.2 Key Developments of Major Market Players
12 Company Profile
12.1 Design Polymerics
12.1.1 Financials
12.1.2 Products
12.1.3 Strategy
12.1.4 Key Developments
12.2 Duro Dyne Corporation
12.2.1 Financials
12.2.2 Products
12.2.3 Strategy
12.2.4 Key Developments
12.3 Elgen Manufacturing
12.3.1 Financials
12.3.2 Products
12.3.3 Strategy
12.3.4 Key Developments
12.4 CL Ward
12.4.1 Financials
12.4.2 Products
12.4.3 Strategy
12.4.4 Key Developments
12.5 Ductmate Industries Inc.
12.5.1 Financials
12.5.2 Products
12.5.3 Strategy
12.5.4 Key Developments
12.6 Hardcast
12.6.1 Financials
12.6.2 Products
12.6.3 Strategy
12.6.4 Key Developments
12.7 Polymer Adhesives, Inc.
12.7.1 Financials
12.7.2 Products
12.7.3 Strategy
12.7.4 Key Developments
12.8 RCD Corporation
12.8.1 Financials
12.8.2 Products
12.8.3 Strategy
12.8.4 Key Developments
12.9 ITW Polymers Sealants
12.9.1 Financials
12.9.2 Products
12.9.3 Strategy
12.9.4 Key Developments
12.1 Henkel Corporation
12.10.1 Financials
12.10.2 Products
12.10.3 Strategy
12.10.4 Key Developments
12.11 Pidilite Industries Limited
12.11.1 Financials
12.11.2 Products
12.11.3 Strategy
12.11.4 Key Developments
12.12 BOSTIK (ARKEMA)
12.12.1 Financials
12.12.2 Products
12.12.3 Strategy
12.12.4 Key Developments
12.13 XCHEM International L.L.C.
12.13.1 Financials
12.13.2 Products
12.13.3 Strategy
12.13.4 Key Developments
12.14 Delmon Group of Companies
12.14.1 Financials
12.14.2 Products
12.14.3 Strategy
12.14.4 Key Developments
12.15 Rhira Industries LLC
12.15.1 Financials
12.15.2 Products
12.15.3 Strategy
12.15.4 Key Developments
12.16 Airmaster Equipment Emirates
12.16.1 Financials
12.16.2 Products
12.16.3 Strategy
12.16.4 Key Developments
12.17 Dubai Adhesive Material Factory
12.17.1 Financials
12.17.2 Products
12.17.3 Strategy
12.17.4 Key Developments
12.18 NTEICO
12.18.1 Financials
12.18.2 Products
12.18.3 Strategy
12.18.4 Key Developments
13 Conclusion

The post North America & GCC HVAC Insulation Market Research Report – Forecast to 2024 first appeared on CRI Report.

According to Market Research Future Analysis, the global commercial insulation market is predicted to reach USD 2,708.1 million by 2024, expanding at a CAGR of 5.71% during the forecast period of 2017-2024. The market has high growth due to increasing construction and stringent regulations. The commercial insulation is segmented in three different types, i.e, wraps/sheets, coatings, and adhesives & sealants. Wraps/sheets includes aluminum foil laminate, multi-ply composite membrane, insulation jacketing tapes, polyethylene duct wrap, and others. Among the type of wraps/sheets, aluminum foil laminates are widely used due to thermal properties, which provide better insulation in commercial applications. Moreover, coatings and adhesives & sealants are used with wraps/sheets to provide comfort and benefit. Furthermore, coatings segment includes vapor barrier coatings, weather barrier coatings, condensation control coatings, and others. Similarly, adhesives & sealants are found to have similar properties and sub-segmented into PVC adhesives, polystyrene foam adhesives, water-based insulation adhesives, and others.
According to the application segment, office buildings was the most promising segment that accounted for the largest global share of approximately 16.0% on account of rising demand for energy efficient commercial buildings. However, institutions, hospitals, malls, airports, food & beverages, residential buildings, general commercial, warehouses, lodging, and others applications have significant growth and market share in the global commercial insulation market.

Global Commercial Insulation Market Share, by Application 2017, (%)

Source: MRFR Report
Regional Analysis
The global commercial insulation market is segmented into North America, Europe, Asia Pacific, The Middle East & Africa, and Latin America. The demand for commercial insulation is predicted to surge in various countries of Asia Pacific, such as China and India, due to developing infrastructure. However, North America has accounted for the major share of 33.0% in 2016. The U.S. is the leading consumer and producer of commercial insulation in North America.
Segmentation
The commercial insulation market is categorized on the basis of type, application, and region. On the basis of type, the market is segmented into wraps/sheets (aluminium foil laminate, multi-ply composite membrane, insulation jacketing tapes, polyethylene duct wrap, and others), coatings (vapor barrier coatings, weather barrier coatings, condensation control coatings, and others), and adhesives & sealants (PVC adhesives, polystyrene foam adhesives, water-based insulation adhesives, and others). On the basis of region, the global market has been segmented into North America, Europe, Asia Pacific, Latin America, and The Middle East & Africa.

Key Players
Some of the key players operating in the global commercial insulation market are 3M (U.S.), Design Polymerics (U.S.), Vimasco Corporation (U.S.), Mon Eco Industries Inc. (U.S.), Henry Company (U.S.), and Polyguard (U.S.), among others.
Geographic Analysis
The report covers brief analysis of geographical region such as:
• North America
o U.S.
o Canada
• Europe
o Germany
o France
o Italy
o Russia
o Spain
o U.K
o Poland
o Rest of Europe
• Asia Pacific
o China
o India
o Japan
o Republic of Korea
o Australia & New Zealand
o ASEAN
o Rest of Asia Pacific
• Latin America
o Brazil
o Argentina
o Rest of Latin America
• The Middle East & Africa
o G.C.C
o Turkey
o Israel
o Egypt
o North Africa
o Rest of the Middle East & Africa
Key Findings
Global Commercial Insulation market is predicted to reach USD 2,708.1 million by 2024 at a CAGR of 5.71% over the assessment period of 2017-2024.The wraps/sheets commercial insulation segment accounted for 52.00% share in 2017. North America accounted for one-third of commercial insulation market in 2017 Asia Pacific accounted for the fastest growing region for increasing demand of commercial insulation. The increasing construction projects and developing worldwide nation with energy efficient smart buildings upsurge the market of commercial insulation across the global.

Intended Audience

• Commercial Insulation Manufacturers
• Commercial Insulation Suppliers
• Commercial Insulation Contractors
• Potential Investors
• Nationalized Laboratory
DC – Description
• Insulation insulating materials
• commercial building insulation
• commercial insulation contractors
• commercial roof insulation
• commercial spray foam insulation
• foil insulation

Table of Contents:

1 Report Prologue
2 Scope of the Report
2.1 Market Definition
2.2 Scope of The Study
2.2.1 Research Objectives
2.2.2 Assumptions
2.2.3 Limitations
2.3 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 Reduction in energy cost and increase in consumption of insulation material
4.2.2 Increasing construction of commercial building
4.3 Restraint
4.3.1 Less availability of skilled labor
4.4 Opportunity
4.4.1 High growth of opportunities in the Middle East and Asia
4.5 Trends
4.5.1 Sustainability of saving energy
5 Market Impact Analysis
5.1 Supply Chain Analysis
5.1.1 Raw Material Suppliers
5.1.2 Commercial Insulation Producers
5.1.3 Distributors
5.1.4 End-User

5.2 Porter’s Five Forces Analysis
5.2.1 Threat of new entrants
5.2.2 Threat of rivalry
5.2.3 Bargaining power of supplier
5.2.4 Bargaining power of buyer
5.2.5 Threat of Substitute Products
5.3 Price Point Analysis
5.4 Investment Opportunity Analysis
5.5 Merger and Acquisition Landscape
6 Global Commercial Insulation Market, By Product Type
6.1 Introduction
6.2 Wraps/Sheets
6.3 Coatings
6.4 Adhesives & Sealants
7 Global Commercial Insulation Market, By Application
7.1 Introduction (Institutional, Hospitals, Office Buildings, Malls, Airports, Food & Beverages, Residential Buildings, General Commercial, Warehouses, Lodging)
8 Global Commercial Insulation Market, By Region
8.1 Introduction
8.2 North America
8.2.1 U.S.
8.2.2 Canada
8.3 Europe
8.3.1 Germany
8.3.2 France
8.3.3 Spain
8.3.4 U.K
8.3.5 Russia
8.3.6 Italy
8.3.7 Poland
8.3.8 Rest of Europe
8.4 Asia Pacific
8.4.1 China
8.4.2 Japan
8.4.3 India
8.4.4 Australia & New Zealand
8.4.5 Asean
8.4.6 Republic of Korea
8.4.7 Rest of Asia Pacific
8.5 The Middle East & Africa
8.5.1 G.C.C
8.5.2 Turkey
8.5.3 Egypt
8.5.4 Israel
8.5.5 North Africa
8.5.6 Rest of the Middle East & Africa
8.6 Latin America
8.6.1 Brazil
8.6.2 Argentina
8.6.3 Rest of Latin America
9 Competitive Landscape
9.1 Introduction
9.2 Key Developments of Major Market Players
10 Company Profiles
10.1 Design Polymerics
10.1.1 Company Overview
10.1.2 Financials
10.1.3 Products
10.1.4 Strategy
10.1.5 Key Developments
10.1.6 SWOT Analysis
10.2 Vimasco Corporation
10.2.1 Company Overview
10.2.2 Financials
10.2.3 Products
10.2.4 Strategy
10.2.5 Key Developments
10.2.6 SWOT Analysis
10.3 Mon Eco Industries Inc.
10.3.1 Company Overview
10.3.2 Financials
10.3.3 Products
10.3.4 Strategy
10.3.5 Key Developments
10.3.6 SWOT Analysis
10.4 3M Company
10.4.1 Company Overview
10.4.2 Financials
10.4.3 Products
10.4.4 Strategy
10.4.5 Key Developments
10.4.6 SWOT Analysis
10.5 Henry Company
10.5.1 Company Overview
10.5.2 Financials
10.5.3 Products
10.5.4 Strategy
10.5.5 Key Developments
10.5.6 SWOT Analysis
10.6 Polyguard
10.6.1 Company Overview
10.6.2 Financials
10.6.3 Products
10.6.4 Strategy
10.6.5 Key Developments
10.6.6 SWOT Analysis
11 Conclusion

The post Global Commercial Insulation Market Research Report – Forecast to 2024 first appeared on CRI Report.