Global Cold Insulation Market 2015-2019

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:

• Types
• Applications
• Geography

The market is divided into the following segments based on type:

• Fiber glass
• Polyurethane and polyisocyanurate foams
• Polystyrene foam
• Others (phenolic foams, cellular glass, EPDM, perlite, rubber, and aerogels)

The market is divided into the following segments based on application:

• Oil and Gas
• Refrigeration
• Chemicals and cryogenic gases
• HVAC
• Others (biological applications, pharmaceutical applications, jet propulsion fuel industry)

Technavio's report, Global Cold Insulation Materials Market 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers Europe, APAC, North America, and ROW; it also covers the vendor landscape of the global cold insulation materials market and its growth prospects in the coming years.

The report includes a discussion on the key vendors operating in this market.

Key regions

• China
• Germany
• India
• USA

Key vendors

• Armacell International Holdings
• Aspen Aerogels
• BASF
• Bayer Material Sciences
• Huntsman

Other prominent vendors

• Arabian Fiber Glass Insulation
• CertainTeed
• Dow Chemical
• Evonik industries
• Fletcher Insulation

Market driver

• Rising energy costs
• For a full, detailed list, view our report

Market challenge

• High cost of raw materials
• For a full, detailed list, view our report

Market trend

• Development of new products
• For a full, detailed list, view our report

Key questions answered in this report

• What will the market size be in 2019 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?
• What are the market opportunities and threats faced by the key vendors?
• What are the strengths and weaknesses of the key vendors?

Press Release

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.

Companies Mentioned

Armacell, Aspen Aerogels, BASF, Bayer, Huntsman, Arabian Fiberglass Insulation, CertainTeed, Evonik, Fletcher Insulation, Dow Chemical.