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@ Yahoo! Finance - by layer3.news
2025-06-05 19:22:04
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✍️ The US HVAC insulation market is expected to grow 4% between 2020 and 2030, driven by stringent building codes, energy efficiency standards, and sustainability-minded consumers.
👉 Stringent building codes and energy efficiency standards driving demand for high-quality insulation products
👉 Policies promoting energy conservation and greenhouse gas reduction encouraging adoption of advanced HVAC insulation materials
👉 Fire safety regulations and environmental compliance requirements compelling manufacturers to innovate and ensure products meet rigorous safety and sustainability criteria
👉 Sustainability-minded consumers driving demand for advanced insulation materials
👉 Growing awareness about thermal comfort, indoor air quality, and sustainability encouraging adoption of advanced insulation materials
👉 Technological advancements, including smart insulation systems and vapor barriers, enhancing product offerings and supporting market growth
👉 Use of bio-based and recycled materials, low-density insulation products like aerogels and vacuum-insulated panels
👉 Restraints from fluctuating raw material prices, high initial investment costs, and skilled labor shortage
#business
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