openPR Logo
Press release

Cold Insulation Material Market Projected to Discern Stable Expansion by 2021

Cold Insulation Material Market Projected to Discern Stable

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.

To view complete report @ http://www.persistencemarketresearch.com/market-research/cold-insulation-material-market.asp

Based on type, cold insulation materials are classified into three major segments: fibrous, cellular, and granular insulations. In fibrous insulation, fibers with small diameter are the primary raw material. Glass fiber, mineral wool, rock wool, slag wool, and silica are the main materials used in the production of fibrous insulation. Fibrous insulation is available in the form of rigid boards, flexible sheets, and flexible blankets. Cellular insulation material comprises small individual cells made up of various plastics such as polystyrene, polyisocyanurate, and elastomers. These insulation materials are available in two forms: rigid board and flexible sheets. Granular insulation materials are composed of small nodules with hollow spaces. Their main raw materials are calcium silicate, expanded vermiculite, perlite, cellulose, diatomaceous earth, and expanded polystyrene. Granular insulation materials are mainly available in the form of rigid boards.

A sample of this report is available upon request @ http://www.persistencemarketresearch.com/samples/4099

Growing demand from current and emerging applications, increasing use of liquefied petroleum gas (LPG), liquefied natural gas (LNG) and other cryogenic gases, and reduction in green house emissions are some of the key factors impelling the growth of the cold insulation material market. Moreover, rising demand for energy efficiency and advancement & modernization of infrastructure are some of the other factors contributing to the growth of the market. Also, the implementation of LEED certification, a rating for environmental sustainability, by the U.S. Green Building Council (GBC) further drives the market to some extent.

Growing demand of cold insulation material in refrigeration and air-conditioning devices is likely to propel the growth of the market in the near future. Moreover, rising GDP, increasing disposable income, and change in climatic conditions, especially in the Asia-Pacific region are expected to fuel the growth of the market to some extent. Furthermore, advancement in equipment is also pushing the growth of the cold insulation material market. Cryogenic equipment such as aerogel and perlite have excellent thermal insulation properties that enhance the performance of cold insulation materials. This, in turn, is increasing cold insulation materials demand in the global market. However, unpredictable fluctuating costs of raw materials, requirement of large investment in R&D, and lack of quality control in developing nations are restraining the growth of the cold insulation material market.

Europe is the leading market for cold insulation materials, followed by North America. Increasing infrastructure spending in these regions is driving the growth of the cold insulation market. The market in Asia-Pacific is likely to grow at a fast pace due to the growing cold chain market in the region. Also countries such as China, India, Japan, Australia, and South Korea are among the fastest growing nations in the global market. These are further driving the growth of the cold insulation material in the Asia Pacific region.

To view TOC of this report is available upon request @ http://www.persistencemarketresearch.com/toc/4099

The major companies operating in the cold insulation material market include BASF SE, Huntsman International LLC., Armacell International S.A., Bayer MaterialScience AG, Certain Teed Corporation, Arabian Fiber Glass Insulation Co., Ltd., Evonik Industries AG, The Dow Chemical Company, Fletcher Insulation Group, ITW Insulation Systems, Kingspan Group PLC, Johns Manville, Knauf Insulation, Owens Corning, ROXUL ROCKWOOL Technical Insulation, Pittsburgh Corning Corporation, and Uralita S.A.

About Us

Persistence Market Research (PMR) is a third-platform research firm. Our research model is a unique collaboration of data analytics and market research methodology to help businesses achieve optimal performance.

To support companies in overcoming complex business challenges, we follow a multi-disciplinary approach. At PMR, we unite various data streams from multi-dimensional sources. By deploying real-time data collection, big data, and customer experience analytics, we deliver business intelligence for organizations of all sizes.

Contact Us

Persistence Market Research

305 Broadway

7th Floor, New York City,

NY 10007, United States,

USA - Canada Toll Free: 800-961-0353

Email: sales@persistencemarketresearch.com

Web: http://www.persistencemarketresearch.com

This release was published on openPR.

Permanent link to this press release:

Copy
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 Cold Insulation Material Market Projected to Discern Stable Expansion by 2021 here

News-ID: 600227 • Views:

More Releases from Persistence Market Research

North America Wiring Devices Market Projected to Reach USD 26.46 Billion by 2031
North America Wiring Devices Market Projected to Reach USD 26.46 Billion by 2031
Overview of the North America Wiring Devices Market The North America wiring devices market is poised for steady growth over the forecast period, with its size estimated at US$ 18.96 billion in 2024, projected to reach US$ 26.46 billion by 2031, reflecting a CAGR of 4.9%. The market is witnessing substantial expansion due to increasing urbanization, a rising number of residential and commercial construction projects, and the adoption of energy-efficient and
Global Forged Automotive Components Market Poised for Steady Growth, Projected to Reach US$ 70.7 Billion by 2032
Global Forged Automotive Components Market Poised for Steady Growth, Projected t …
The global forged automotive components market is on a robust growth trajectory, currently valued at approximately US$ 50.3 billion in 2025 and forecasted to expand to US$ 70.7 billion by the end of 2032. This growth represents a compound annual growth rate (CAGR) of 5.0% over the coming decade, driven by increasing automotive production, technological advancements, and evolving consumer preferences toward durable, high-performance vehicle parts. Forged automotive components are critical to
Global Electric Cargo Bike Market Set to Accelerate at 11.9% CAGR, Reaching US$ 2.14 Billion by 2032, Reports Persistence Market Research
Global Electric Cargo Bike Market Set to Accelerate at 11.9% CAGR, Reaching US$ …
The global electric cargo bike market is set to experience substantial growth over the coming decade, with Persistence Market Research (PMR) forecasting a compound annual growth rate (CAGR) of 11.9% from 2023 through 2032. Valued at approximately US$ 800 million in 2021, the market is expected to surge to a projected valuation of US$ 2.14 billion by the end of 2032. Notably, electric cargo bikes accounted for 66.2% of the
Bicycle Bearings Market Set for Steady Growth with 6.5% CAGR Through 2032, Driven by Urbanization and Demographic Trends
Bicycle Bearings Market Set for Steady Growth with 6.5% CAGR Through 2032, Drive …
The global bicycle bearings market is poised for significant expansion over the forecast period of 2025 to 2032, according to the latest report released by Persistence Market Research. Valued at approximately US$ 5.99 billion in 2024, the market is projected to reach US$ 6.35 billion by 2025 and further escalate to nearly US$ 9.86 billion by 2032. This growth trajectory reflects a compound annual growth rate (CAGR) of 6.5%, underscoring

All 5 Releases


More Releases for Insulation

HVAC Insulation Market Is Booming Worldwide | Knauf Insulation, Arabian Fibergla …
The latest research study released by AMA on the HVAC Insulation Market offers over 233+ pages of analysis on business strategies employed by key and emerging industry players. It provides insights into current market developments, landscape, technologies, drivers, opportunities, market outlook, and status. The market study is segmented by key regions driving market growth. The HVAC Insulation study combines qualitative and quantitative market data, primarily collected and validated through primary
Thin Insulation Market Size Surges: $2057.8 Million Milestone by 2030 | DowDuPon …
CALIFORNIA, (UNITED STATES) - According to QYResearch New Study Report 'Thin Insulation Market 2024' provides a comprehensive analysis of the industry with market insights will definitely facilitate to increase the knowledge and decision-making skills of the business, thus providing an immense opportunity for growth. Finally, this will increase the return rate and strengthen the competitive advantage within. Since it's a personalised market report, the services are catered to the particular
07-04-2024 | Chemicals & Materials
CMI
Thin Insulation Market May Set Epic Growth Story 2024 - 2031 | Kingspan Insulati …
Market Overview: The Thin Insulation Market was USD 2. 39in 2023 and will reach USD 3.95 billion, registering a CAGR of 6.3% during the forecast period by 2031. Market Dynamics: The increasing demand from the construction industry is driving the growth of the thin insulation market. Thin insulation materials are widely used in building walls, roofs, and piping as they have high R-value per inch of thickness. This property saves construction material costs
Fiberglass Insulation Market Top Key Players - Asahi Fiber Glass, Bradford insul …
Fiberglass is a common insulation material used in a variety of buildings. It is made up of extremely thin glass fibers. It's commonly found in a variety of insulating products, including batts, rolls, and loose fill. It's also available in the form of rigid panels and duct shielding. Companies now offer synthetic fibers in medium and higher fiberglass batts with somewhat higher R-Values than conventional batts. Fiberglass can be used to
Fiberglass Rigid Board Insulation Market Size 2017-2022: Knauf Insulation, Owens …
Global Fiberglass Rigid Board Insulation Market Research Report A market study ” Global Fiberglass Rigid Board Insulation Market ” examines the performance of the Fiberglass Rigid Board Insulation market 2017. It encloses an in-depth Research of the Fiberglass Rigid Board Insulation market state and the competitive landscape globally. This report analyzes the potential of Fiberglass Rigid Board Insulation market in the present and the future prospects from various angles in detail. Inquiry
Global Fiberglass Rigid Board Insulation Market 2017 - Knauf Insulation, Owens C …
The recent report on Fiberglass Rigid Board Insulation market offers insightful information about the present scenario of the market across the globe. The report, titled Fiberglass Rigid Board Insulation points out the key factors affecting the growth of the market. Latest market trends as well as the future growth opportunities have been mentioned in the report. The report takes into account the various micro and macro-economic factors governing the overall