openPR Logo
Press release

Asia-Pacific Cold Insulation Market is predicted to reach USD 4.67 Billion by 2030 with a CAGR of 6.2% from 2020-2030

Asia-Pacific Cold Insulation Market is predicted to reach USD

The Asia-Pacific Cold Insulation Market size was valued at USD 2.41 Billion in 2019 and is predicted to reach USD 4.67 Billion by 2030 with a CAGR of 6.2% from 2020-2030.

Cold insulation reduces potential damage to equipment from corrosion or fire exposure and increase the operating efficiency of industrial systems such as cooling/heating, ventilating, plumbing, power and process. It is prepared by combining two or more materials in order to prevent heat loss or gain and thereby save the valuable energy. Cold insulation is generally used in environment, where the temperature needs to be maintained lower than the ambient temperature. For example, equipment working under very low temperatures are covered with high quality insulating materials. These materials are widely used in end-user industries such as automobile, construction and electronics.

Access Full Description of this report at:-

Top Companies: Kingspan Group PLC, BASF SE, Huntsman Corporation, Illinois Tool Works (ITW Insulations Systems), Rockwool International A/S, Covestro AG, Dowdupont, INC., Dongsung Finetec, Armacell International S.A., Nichias Corporation and others.

Market Dynamics and Trends:

Cold insulation market has been witnessing significant growth owing to factors such as rapid pace of industrialization in emerging economies, followed by rising demand of cooling equipment. Also, there has been a substantial increase in the demand for cryogenic insulation in oil & gas industry in the recent years. Moreover, factors such as increasing concerns toward greenhouse gas emissions and expanding industries such as food and healthcare among others in Asia-Pacific region is expected to boost the cold insulation market growth. Furthermore, due to the economic development and changing lifestyle, the level of consumption as well production has substantially increased in Asia-Pacific region, which is also contributing to the growth of cold insulation material market in the region.

However, high-cost of insulating materials and potential health hazards due to the handling of cold insulation materials are some of the factors hindering the market growth. On the other hand, development of eco-friendly products may create lucrative opportunities for the cold insulation market players in the future.

Request sample copy of this report at:-

Market Segmentations and Scope of the Study:

The Asia-Pacific cold insulation market share has been segmented on the basis of type, application and country. Based on type, the market is segmented into fiber glass, polyurethane foam, polystyrene foam, phenolic foam, polyethylene foam, rubber and others. Based on application, the market is segmented into HVAC, chemicals, oil & gas, refrigeration, and others. Geographic breakdown and analysis of each of the previously mentioned segments include China, Japan, India, Australia, South Korea, Indonesia, Malaysia, Singapore, Vietnam, Thailand, Philippines, Myanmar, and rest of Asia-Pacific.

Phone Number: +1-217-650-7991

About Next Move Strategy Consulting:

Next Move Strategy Consulting is an independent and trusted third-platform market intelligence provider, committed to deliver high quality, market research reports that help multinational companies to triumph over their competitions and increase industry footprint by capturing greater market share. Our research model is a unique collaboration of primary research, secondary research, data mining and data analytics.

We have been servicing over 1000 customers globally that includes 90% of the Fortune 500 companies over a decade. Our analysts are constantly tracking various high growth markets and identifying hidden opportunities in each sector or the industry. We provide one of the industry’s best quality syndicate as well as custom research reports across 10 different industry verticals. We are committed to deliver high quality research solutions in accordance to your business needs. Our industry standard delivery solution that ranges from the pre consultation to after-sales services, provide an excellent client experience and ensure right strategic decision making for businesses.

For more insights, please visit,

This release was published on openPR.

Permanent link to this press release:

Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Asia-Pacific Cold Insulation Market is predicted to reach USD 4.67 Billion by 2030 with a CAGR of 6.2% from 2020-2030 here

News-ID: 2428361 • Views: 216

More Releases from Next Move Strategy Consulting

Ceramic Coatings Market predicted to reach USD 17.80 billion by 2030 with a CAGR …
The Global Ceramic Coatings Market size is estimated to be USD 8.72 billion in 2019 and is predicted to reach USD 17.80 billion by 2030 with a CAGR of 6.7% from 2020-2030. Ceramic coating is the clear coat which includes the liquid polymer and generally applied on the car’s body. Creating a layer of protection, the coating chemically bonds with the vehicle's factory paint. Once coated, it can only be
Cellulose Fibers Market Size, Status, Types, Applications, Key Players and Forec …
The Global Cellulose Fibers Market size is estimated to be USD 30.58 billion in 2019 and is predicted to reach USD 47.07 billion by 2030 with a CAGR of 8.3% from 2020-2030. Cellulose fibers are the fibers made with the esters or the ethers of cellulose which is obtained from the leaves, wood, or bark of the plants, or some other plant-based material. The wood pulp undergoes through various chemical
Catalyst Market 2030 Industry Specifications and Outlook 2021 – Johnson Matthe …
The Global Catalyst Market size is estimated to be USD 26.13 billion in 2019 and is predicted to reach USD 40.22 billion by 2030 with a CAGR of 4.0% from 2020-2030. Catalyst is the compound or agent added to the chemical reaction to happen it more quickly by lowering or raising the activation energy of the process. It can increase the reaction rate of the steam and can also participate
Carnauba Wax Market Size, Status and Business Outlook 2021 to 2030
The Global Carnauba Wax Market size is estimated to be USD 279.1 million in 2019 and is predicted to reach USD 407.5 million by 2030 with a CAGR of 3.50% from 2020-2030. Carnauba wax is the natural wax-containing hydroxyl acids, mono and di hydroxyl fatty alcohols, and polyesters. The significant properties of such wax are high oil retention capability, high melting point, hardest among other natural waxes such as bee

All 5 Releases

More Releases for Cold

Cold Pain Therapy Market
Allied Market Research (USA, Oregon, Portland) Published Latest Report titled, ‘Cold Pain Therapy Market: Global Opportunity Analysis and Industry Forecast 2020-2027’. The Cold Pain Therapy Market is expected to witness growth in upcoming years due to factors such as increase in target patient population, which mostly includes patients suffering from cancer, tuberculosis and cardiovascular diseases. This market research study determines the increase in changes and the aspects which are likely to have
How to get an official quotation from Akpo Oyegwa Refrigeration Company? For clarification kindly visit the official website as various sizes of cold rooms have been published with the costs included. As soon as you have made your final decision about the exact size of cold room you need then you can proceed further by filling the quotation request form online and an official quotation will be sent to you via e-mail.
The Cold Chain Industry is developing at a faster rate in India due to a shift in focus to better storage and transportation facility of the commodity from increasing the production. A cold chain is a temperature-controlled supply chain that involves the storage and transportation of perishable goods. The cold chain helps to preserve and increase the shelf life of various products including agricultural produce, frozen food, pharmaceuticals, etc. Food
Cold coffee cannibalizing cold drinks
The price of coffee is set to reach a record high by 2018, which is why coffee shops are hoarding coffee beans to meet consumer demand. While sales of hot coffee fell by 3% due to rising summer temperatures, cold coffee market sales were up by 80% over the previous year. It takes about 0.2 kilograms of beans to brew a gallon of hot coffee, while cold coffee takes only a pound.
Cold Chain Packaging Market -
The quality of service in “Cold Chain” is largely dependent on the growing investments in latest technology as well as equipment, particularly the cold chain packaging solution. Over the last decade or two, highly competitive market are facing economic hardships, and hence, pharmaceutical companies were looking for different methods to minimize cost of product packaging. One of the ways thought of to achieve cost cutting was the use of inexpensive
Davos – Cold or Hot? Check out on 9-10 February, 2012! - Prepare for a heated debate on who to run Employee Comms - HR or PR, with Paul Holmes, a seasoned PR and communications professional, founder of The Holmes Report and the SABRE awards, and an indisputable authority worldwide. -Join the round table on communicating scientific breakthrough with James Gillies, head of communications at CERN, as moderator. -Come to hear Daniel Holtgen’s solutions