The Global HVAC Insulation Market Is Expected to Reach $5.2 Billion by 2021
According to a new market report published by Lucintel, the future of the HVAC insulation market looks good with opportunities in the residential and non-residential segments. The global HVAC insulation market is expected to reach an estimated $5.2 billion by 2021 and is forecast to grow at a CAGR of 5.2% from 2016 to 2021. The major drivers of growth for this market are the growth in HVAC system and government regulations to increase energy efficiency.
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