Heat, Ventilation, and Air Conditioning alias HVAC is the technology that offers thermal comfort by maintaining the temperature inside a building. The HVAC systems consist of various components, such as ducts, insulations, and sealing components, among others. Among the various components used in the HVAC systems, the insulation materials and sealing components are of sheer importance, which helps in enhancing the performance of an HVAC system by minimizing the heat losses.
The global HVAC Insulation market was valued at US$ 3917.8 million in 2022 and is anticipated to reach US$ 6332.9 million by 2029, witnessing a CAGR of 6.6% during the forecast period 2023-2029. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
North American market for HVAC Insulation is estimated to incr
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