Cold Insulation Material Market (Updated Version Available)

The report offers detailed coverage of Cold Insulation Material industry and main market trends. The market research includes historical and forecast market data, demand, application details, price trends, and company shares of the leading Cold Insulation Material by geography. The report splits the market size, by volume and value, on the basis of application type and geography.


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.
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 other 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.
The global Cold Insulation Material market was 4700 million US$ in 2020 and is expected to 8420 million US$ by the end of 2025, growing at a CAGR of 7.6% between 2020 and 2025.

The report forecast global Cold Insulation Material market to grow to reach xxx Million USD in 2020 with a CAGR of xx% during the period 2020-2025.

First, this report covers the present status and the future prospects of the global Cold Insulation Material market for 2015-2025.
And in this report, we analyze global market from 5 geographies: Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia], Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland], North America[United States, Canada, Mexico], Middle East & Africa[GCC, North Africa, South Africa], South America[Brazil, Argentina, Columbia, Chile, Peru].

Key Companies
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
By the product type, the market is primarily split into
Fiber Glass
Polyurethane Foam
Polystyrene Foam
Phenolic Foam
Other Materials
By the end users/application, this report covers the following segments
Refrigeration
Oil & Gas
Chemicals
Others


At the same time, we classify Cold Insulation Material according to the type, application by geography. More importantly, the report includes major countries market based on the type and application.

Market Segment as follows:
By Region
Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia]
Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland]
North America[United States, Canada, Mexico]
Middle East & Africa[GCC, North Africa, South Africa]
South America[Brazil, Argentina, Columbia, Chile, Peru]

The research provides answers to the following key questions:
• What is the estimated growth rate and market share and size of the Cold Insulation Material market for the forecast period 2020 - 2025?
• What are the driving forces in the Cold Insulation Material market for the forecast period 2020 - 2025?
• Who are the prominent market players and how have they gained a competitive edge over other competitors?
• What are the market trends influencing the progress of the Cold Insulation Material industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the market hold for the prominent market players?