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New Study: Global Tank Insulation Market 2020 Size, Growth Analysis Report, Forecast to 2026

04-16-2021 02:16 PM CET | Industry, Real Estate & Construction

Press release from: Orion Market Reports

The tank insulation market was valued at $496 billion in 2018 and is expected to reach $69.3 billion by 2026, with a CAGR of 4% from 2021 to 2027.

As the application of tank insulation in the oil and gas and chemical industries increases, and the demand for LPG and LNH gases in the industry increases, the demand for tank insulation is expected to increase. The Global Tank Insulation Market report provides a holistic assessment of the market. The report provides a comprehensive analysis of the key segments, trends, drivers, limitations, competitive landscape, and factors playing an important role in the market.

A full report of Tank Insulation Market available at https://www.orionmarketreports.com/tank-insulation-market-market/51256/

Key Market Players

The key players in this market are Rockwool International A/S (Denmark), Owens Corning (US), Saint-Gobain (France), Kingspan Group (Republic of Ireland), Armacell International S.A. (Germany), Cabot Corporation (US), Johns Manville (US), Knauf Insulation (US), BASF SE (Germany), and Covestro AG (Germany). These players have adopted various growth strategies to expand their presence and increase their shares in the tank insulation market. For instance, Armacell is focusing on emerging markets with sustainable developments for the tank insulation market.

Tank Insulation Market - Segmentation

By material

• PU & PIR
• Rockwool
• Fiberglass
• Elastomeric foam
• Cellular Glass
• EPS
• Others (aerogel, perlite, ceramics)

By type

• Storage Tank Insulation
• Transportation Tank Insulation

By temperature

• Cold Insulation
• Hot Insulation

By end-use Industry

• Oil & Gas
• Chemical
• Food & Beverage
• Energy & Power
• Others (fire protection water treatment, metal, and pharmaceutical, among others)

Geographic Coverage

o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume

The report covers the following objectives:

• Proliferation and maturation of trade in the Tank Insulation Market.
• The market share of the Tank Insulation Market supply and demand ratio, growth revenue, supply chain analysis, and business overview.
• Current and future market trends that are influencing the growth opportunities and growth rate of the Tank Insulation Market.
• Feasibility study, new market insights, company profiles, investment return, revenue (value), and consumption (volume) of the Tank Insulation Market

Recent Developments

o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment

Key Questions Answered by Tank Insulation Market Report

• What was the Tank Insulation Market in 2020 and 2021; what are the estimated growth trends and market forecast (2021-2027).
• What will be the CAGR of Tank Insulation Market during the forecast period (2021-2027)?
• Which segments (product type/applications/end-user) were most attractive for investments in 2018? How are these segments are expected to grow during the forecast period (2021-2027)?
• Which manufacturer/vendor/players in the Tank Insulation Market was the market leader in 2018?
• Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.

Media Contact:

Company Name: Orion Market Reports
Contact Person: Mr. Anurag Tiwari
Email: info@orionmarketreports.com
Contact no: +91 780-304-0404

About Us:

Orion Market Reports (OMR) endeavors to provide exclusive blend of qualitative and quantitative market research reports to clients across the globe. Our organization helps both multinational and domestic enterprises to bolster their business by providing in-depth market insights and most reliable future market trends. Our reports address all the major aspects of the markets providing insights and market outlook to global clients.

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