The global Cold Insulation Material market was valued at US$ 4449.2 million in 2022 and is projected to reach US$ 6779.4 million by 2029, at a CAGR of 6.2% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Insulation materials are materials or mixtures of materials which lowers the energy losses by retarding the amount of heat loss or gain. The insulation material market is primarily segmented into two broad categories viz. hot and cold insulation material markets. Hot insulation materials are mainly used to insulate piping systems used to transport high temperature substances. Cold insulation material is usually used within temperatures ranging from -275°C to 15°C. Cold insulation material is used in a broad range of applications, including refrigeration, HVAC, oil & gas, and chemical. Among these, oil & gas and chemicals are the main consumers for cold insulation materials. Cold insulation materials also find their application in the construction, automobile, and electronic sectors.
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This report aims to provide a comprehensive presentation of the global market for Cold Insulation Material, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Cold Insulation Material. This report contains market size and forecasts of Cold Insulation Material in global, including the following market information:
Global Cold Insulation Material Market Revenue, 2018-2023, 2024-2032, ($ millions)
Global Cold Insulation Material Market Sales, 2018-2023, 2024-2032, (K MT)
Global top five Cold Insulation Material companies in 2022 (%)
The rapid growth of end-use industries, such as chemicals, refrigeration, HVAC, chemicals, and oil & gas in Asia-Pacific is leading to significant growth of the cold insulation market recently. Moreover availability of feedstock and low costs to set up manufacturing facilities is driving the growth of cold insulation market in the region. Skilled workforce and relatively lower wages aid low cost manufacturing and lower costs of electricity and water are the Others reasons for the high growth rate in Asia-Pacific. Government regulations, such as Clean Air Act and Clean Power Plan are also boosting the growth of the cold insulation market. Opacity in political structures in certain countries, such as India, China, and Korea make it difficult for established companies to invest in these markets. China is the fastest-growing country in cold insulation market. Growth in industries, such as, oil & gas, refrigeration, and chemicals is making way for growth of the cold insulation market in China. The current growth rate in China is strong enough to sustain more efficient manufacturing and attractive cold insulation market. It may be expected that in the next five to ten years, chemical manufacturing in China will shift towards the manufacturing of specialty chemicals. Thus, cold insulation market is projected to record strong growth in the next decade as well.
We surveyed the Cold Insulation Material manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Cold Insulation Material Market, by Type, 2018-2023, 2024-2032 ($ Millions) & (K MT)
Global Cold Insulation Material Market Segment Percentages, by Type, 2022 (%)
Fiber Glass
Polyurethane Foam
Polystyrene Foam
Phenolic Foam
Others Materials
Global Cold Insulation Material Market, by Application, 2018-2023, 2024-2032 ($ Millions) & (K MT)
Global Cold Insulation Material Market Segment Percentages, by Application, 2022 (%)
Refrigeration
Oil & Gas
Chemicals
Others
Global Cold Insulation Material Market, By Region and Country, 2018-2023, 2024-2032 ($ Millions) & (K MT)
Global Cold Insulation Material Market Segment Percentages, By Region and Country, 2022 (%)
North America (United States, Canada, Mexico)
Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe)
Asia-Pacific (China, India, Japan, South Korea, Australia, Rest of APAC)
The Middle East and Africa (Middle East, Africa)
South and Central America (Brazil, Argentina, Rest of SCA)
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Cold Insulation Material revenues in global market, 2018-2023 (Estimated), ($ millions)
Key companies Cold Insulation Material revenues share in global market, 2022 (%)
Key companies Cold Insulation Material sales in global market, 2018-2023 (Estimated), (K MT)
Key companies Cold Insulation Material sales share in global market, 2022 (%)
Key players include:
Huntsman Corporation
Armacell International Holding GmbH
BASF SE
The DOW Chemical Company
Owens Corning
Bradford Insulation Industries Ltd
Dongsung Finetec Corporation
Aspen Aerogel Inc.
Bayer Materialscience
Pittsburgh Corning Corporation
Outline of Major Chapters:
Chapter 1: Introduces the definition of Cold Insulation Material, market overview.
Chapter 2: Global Cold Insulation Material market size in revenue and volume.
Chapter 3: Detailed analysis of Cold Insulation Material manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Cold Insulation Material in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Global Cold Insulation Material capacity by region & country.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 11: The main points and conclusions of the report.
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Table of content
1 Introduction to Research & Analysis Reports 1.1 Cold Insulation Material Market Definition 1.2 Market Segments 1.2.1 Market by Type 1.2.2 Market by Application 1.3 Global Cold Insulation Material Market Overview 1.4 Features & Benefits of This Report 1.5 Methodology & Sources of Information 1.5.1 Research Methodology 1.5.2 Research Process 1.5.3 Base Year 1.5.4 Report Assumptions & Caveats 2 Global Cold Insulation Material Overall Market Size 2.1 Global Cold Insulation Material Market Size: 2022 VS 2032 2.2 Global Cold Insulation Material Revenue, Prospects & Forecasts: 2018-2032 2.3 Global Cold Insulation Material Sales: 2018-2032 3 Company Landscape 3.1 Top Cold Insulation Material Players in Global Market 3.2 Top Global Cold Insulation Material Companies Ranked by Revenue 3.3 Global Cold Insulation Material Revenue by Companies 3.4 Global Cold Insulation Material Sales by Companies 3.5 Global Cold Insulation Material Price by Manufacturer (2018-2023) 3.6 Top 3 and Top 5 Cold Insulation Material Companies in Global Market, by Revenue in 2022 3.7 Global Manufacturers Cold Insulation Material Product Type 3.8 Tier 1, Tier 2 and Tier 3 Cold Insulation Material Players in Global Market 3.8.1 List of Global Tier 1 Cold Insulation Material Companies 3.8.2 List of Global Tier 2 and Tier 3 Cold Insulation Material Companies 4 S
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