- In February 2020, Johnson Controls has added wrap-around heat exchangers (WAHX) to its YORK Solution Indoor and Outdoor air-handling units. This newly developed product will assist the company in meeting an increasing demand for energy-efficient dehumidification methods with a small footprint.
- In March 2020, Gardner Denver's merger with Ingersoll Rand's Industrial segment was completed on February 29, 2020. The newly formed corporation, Ingersoll Rand Inc. With an expanded product portfolio, this newly merged company will have a significant dominance in the market for mission-critical flow control and industrial technologies.
- In February 2020, Comfort Systems USA, Inc. has agreed to purchase Starr Electric Company, Inc., based in Greensboro, North Carolina. Starr is a major force in North Carolina electrical contracting and related services, with extensive experience in the industrial, medical, and educational sectors. With the assistance of Starr's expertise, Comfort Systems will be able to expand their footprints.
Frequently Asked Questions
The market is segmented based on Global Heating, Ventilation and Air Conditioning (HVAC) Insulation Market Segmentation, By Material Type (Phenolic Foam, Flexible Elastomeric Rubber Foam (NBR), Extruded Polyethylene Foam (XPE), Polyurethane Foam (PUF), Stone wool, Glass wool, Ceramic Wool, Cellular Glass, Others), Product (Ducts, Pipes, Others), HVAC Lines (Cold Lines, Warm Lines, Heating Lines), Application (Residential, Commercial, Industrial) – Industry Trends and Forecast to 2032.
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The Global Hvac Insulation Market size was valued at USD 4.80 USD Billion in 2024.
The Global Hvac Insulation Market is projected to grow at a CAGR of 5.36% during the forecast period of 2025 to 2032.
The market report covers data from the U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E, Saudi Arabia, Egypt, South Africa, Israel, Rest of Middle East and Africa.
