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No, but it’s common that they do. Gravity furnaces weren’t terribly efficient so wrapping either the ductwork in asbestos, the furnace itself, or both, was something done regularly. This allowed the system to retain more heat. At the time, this greatly enhanced the efficiency of the furnaces but it wasn’t until later that we became aware of just how carcinogenic and dangerous asbestos could be.

According to the Environmental Protection Agency (EPA), hazardous waste is generally classified into four main categories:

1. Characteristic Wastes: These exhibit at least one of four hazardous traits: ignitability (flammable, like gasoline), corrosivity (can rust or decompose materials, like car batteries), reactivity (unstable and can explode, like aerosol cans), or toxicity (harmful when ingested, like lead-based paint).

2. Listed Wastes: These are specific wastes from manufacturing and industrial processes that the EPA has officially designated as hazardous. They include byproducts from processes that use solvents, pesticides, and other chemicals.

3. Universal Wastes: These are commonly generated hazardous items that are subject to streamlined regulations. Examples include batteries, pesticides, mercury-containing equipment (e.g., bulbs), and some lamps.

4. Mixed Wastes: This category includes waste that contains both hazardous and radioactive components, making it subject to regulation by both the EPA and the Nuclear Regulatory Commission.

if you install new siding on top of old asbestos siding, you may keep the fibers trapped, but it would not necessarily be considered encapsulation. To do so properly requires a professional, who uses a certain type of sealant that needs to be spread over the asbestos in a number of layers in order to trap all the fibers. Although you may be able to buy this sealant yourself, it is highly advised that, once you find asbestos, you call a pro immediately. 

If you know your popcorn ceiling has asbestos, you should not attempt to clean it. It simply is not possible to learn how to clean asbestos safely without potentially releasing microscopic fibers into the air that could lead to severe illness in the future. Avoid disturbing or cleaning the ceiling until the asbestos removal company can get rid of the popcorn ceiling.