Global Cold Insulation Market 2015-2019
About cold insulation
Insulation is a term used to define inhibition or retardation of dissipation or absorption of heat or electricity. Cold insulation is a technology that has the capability to reduce or eliminate loss of energy from materials, equipment, and infrastructure to obtain energy efficiency.
Technavio's analysts forecast the global cold insulation materials market to grow at a CAGR of 8.56% over the period 2014-2019.
Covered in this report
The report covers the current scenario and growth prospects of the global cold insulation materials market for the period of 2015-2019. To calculate the market size, the report segments the market based on:
Technavio Announces the Publication of its Research Report – Global Cold Insulation Market 2015-2019
Technavio recognizes the following companies as the key players in the Global Cold Insulation Market: Armacell, Aspen Aerogels, BASF, Bayer and Huntsman
Other Prominent Vendors in the market are: Arabian Fiberglass Insulation, CertainTeed, Evonik, Fletcher Insulation, and Dow Chemical.
Commenting on the report, an analyst from Technavio’s team said: “Cold insulation materials such as perlite and aerogel have better cold insulation properties. The development of these products will enhance the performance of cold insulation materials and drive the market of these materials in the future. ”
According to the report, the developing countries of the world are spending huge amounts of money to develop infrastructure. Greenfield projects, high rise buildings, residences and commercial spaces are being built all over the globe. These infrastructural developments are focusing on minimizing the use of energy. This is resulting in increased usage of cold insulation materials.
Further, the report states that the majority of raw materials such as polyurethane foam, polyisocyanurate foam, phenolic foam, and rubber are known to be hazardous to health. They are also manufactured in conditions that are detrimental to health. The chemicals used for the manufacture of these materials are harmful and toxic. This has led to many health regulators calling for a ban on the usage of these materials, which not only harm human health but release toxic gases into the atmosphere and disturb the ecological balance.
Armacell, Aspen Aerogels, BASF, Bayer, Huntsman, Arabian Fiberglass Insulation, CertainTeed, Evonik, Fletcher Insulation, Dow Chemical.
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