Energy & Power blogs

  Market Scenario Heating, Ventilation, and Air Conditioning (HVAC) systems are primarily responsible for controlling the ambient environment at all major end-user sectors. HVAC insulation provides an ideal solution for ducts and pipes to transfer energy with negligible losses. HVAC insulation improves the energy efficiency, fire safety, and acoustic performance of a building. The global HVAC insulation market is driven by the growth in the global construction industry and growing demand for energy efficient solutions. However, the market is subjected to witness hindrance due to negligence and reluctance about making buildings energy efficient among the infrastructure developers. The growing FDI inflows in emerging economies led to increase in the production bases across Asia Pacific and other emerging regions. There has been substantial growth in the manufacturing and service industry in emerging economies such as China, India, Indonesia, Thailand, and Brazil. FDI can also hel...