Press release
Cold Insulation Market Research Report 2016-2021: Key Players Analysis and Application Overview
Synopsis of Cold Insulation Market:Market Segments:
The market has been majorly segmented on the basis of Type which includes segments Fiber Glass, Polyurethane foam, Polystyrene foam, Phenolic foam and others. Others category in this segment include aerogel, nitrile rubber, cellular glass, and perlite as the major contributing markets. The market for cold insulation is also categorized on the basis of Application into major end-users namely, oil & gas, chemicals, refrigeration, HVAC, and others. Other end-users of this market majorly include insulation applications for rocket fuel handling, medical applications, and biological applications.
Key Findings:
• Rising energy prices, strict government laws for energy efficiency, rising environmental concerns about carbon dioxide emissions are the chief growing drivers for the insulation market
• A major restraint for this market is the health hazards caused due to improper material handling
• Asia-Pacific market is expected to experience the fast growth as compared to other regions within the cold insulation market
Key Players for Cold Insulation Market:
The key players profiled and analyzed in this market research report are BASF SE, Bayer Material Science, The Dow Chemical Company, Evonik Industries, Dongsung Finetec Corporation, Fletcher Insulation Group, and Huntsman Corporation.
The pioneer companies in this business are already taking efforts to increase their global presence by taking strategic decisions like expansion in different countries, entering into joint ventures, finding distributors to strengthen the supply chain network globally.
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Market Overview:
Cold insulation refers to low temperature application insulation methods used in industries such as oil & gas, chemicals, food & beverage, and refrigeration. It is applied over processing lines such as pipes, ducts, tanks, fittings, and valves to reduce operational costs and increase process efficiency. A huge amount of insulation material demand will be seen in future due to increasing applications for food storage, chemicals storage, LNG storage and some amount of cryogenic medical applications. The market for global Cold Insulation is projected to grow at a CAGR of about 7-8% during the forecast period.
Objectives of Cold Insulation Market Study:
• To provide detailed analysis of the market structure along with forecast for the next 5 years of the various segments and sub-segments of the Global Cold Insulation Market
• To provide insights about factors affecting the market growth
• To Analyze the Global Cold Insulation Market based on various factors- price analysis, supply chain analysis, porters five force analysis etc.
Report Details @ https://www.marketresearchfuture.com/reports/cold-insulation-market-958
Regional Analysis of Cold Insulation Market:
Globally, Europe holds the largest share within the Cold Insulation market, on account of factors such as to strict laws by government on sustainable materials, energy savings guidelines and Greenhouse gas emissions guidelines. Asia-Pacific holds the second largest share within the cold insulation market.
North America
• U.S.
• Canada
• Mexico
Europe
• U.K
• Germany
• France
• Spain
• Rest of Europe
Asia– Pacific
• China
• India
• Japan
• South Korea
• Australia
• Rest of Asia-Pacific
Rest of the World
About Market Research Future:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.
In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members.
Contact:
Akash Anand,
Market Research Future
Office No. 528, Amanora Chambers
Magarpatta Road, Hadapsar,
Pune - 411028
Maharashtra, India
+1 646 845 9312
Email: akash.anand@marketresearchfuture.com
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