Cold Insulation Market Report by Insulation Type (Fibrous, Cellular, Granular), Material Type (Fiber Glass, Polyurethane Foam, Polystyrene Foam, Phenolic Foam, and Others), Application (HVAC, Chemicals, Oil and Gas, Refrigeration, and Others), and Region 2024-2032

August 2024 | 150 pages | ID: C51C60EE3C46EN
IMARC Group

Abstracts

The global cold insulation market size reached US$ 7.0 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 13.1 Billion by 2032, exhibiting a growth rate (CAGR) of 7.1% during 2024-2032.

Cold insulation is utilized wherein the operating temperature is below the room temperature. It assists in preventing condensation, moisture intrusion and long-term degradation. It comprises water, solvent and mastic-based vapor barrier, which is resistant to mechanical damages. Some of the commonly used materials in cold insulation include polyisocyanurate (PIR), polyurethane (PUR) rigid foam or cellular glass, and stainless steel or aluminized steel. At present, it is extensively utilized worldwide on account of its ability to protect the environment from greenhouse gas emissions.

Cold Insulation Market Trends:

With the inflating disposable incomes of individuals, the demand for air conditioning and refrigerating devices is escalating around the world. This represents one of the key factors propelling the growth of the market. Apart from this, a considerable increase in awareness about the energy losses and costs are also contributing to the market growth. Moreover, cold insulation is increasingly being adopted across numerous industries like oil and gas. This, in confluence with rising concerns about the adverse impact of greenhouse emissions, is driving the market. Furthermore, leading market players are investing in research and development (R&D) activities to develop insulation materials through sustainable raw material sources. This, along with various initiatives undertaken by governing agencies of several countries to increase the energy efficiency of public infrastructure, is creating a favorable market outlook. Besides this, the rising adoption of cold insulation in food and chemical storage and cryogenic medical applications across the globe is acting as another growth-inducing factor. Other major factors, such as a surge in energy prices and the increasing usage of liquified petroleum gases (LPG), are anticipated to stimulate the market growth.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the global cold insulation market report, along with forecasts at the global, regional and country level from 2024-2032. Our report has categorized the market based on insulation type, material type, and application.

Breakup by Insulation Type:

• Fibrous
• Cellular
• Granular

Breakup by Material Type:

• Fiber Glass
• Polyurethane Foam
• Polystyrene Foam
• Phenolic Foam
• Others

Breakup by Application:

• HVAC
• Chemicals
• Oil and Gas
• Refrigeration
• Others

Breakup by Region:

• North America
• United States
• Canada
• Asia-Pacific
• China
• Japan
• India
• South Korea
• Australia
• Indonesia
• Others
• Europe
• Germany
• France
• United Kingdom
• Italy
• Spain
• Russia
• Others
• Latin America
• Brazil
• Mexico
• Others
• Middle East and Africa

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players being Armacell, Aspen Aerogels Inc., BASF SE, CertainTeed (Compagnie de Saint-Gobain S.A.), Covestro AG, Dow Inc., Evonik Industries AG, Huntsman Corporation, Kingspan Group plc and Owens Corning.

Key Questions Answered in This Report:

• How has the global cold insulation market performed so far and how will it perform in the coming years?
• What has been the impact of COVID-19 on the global cold insulation market?
• What are the key regional markets?
• What is the breakup of the market based on the insulation type?
• What is the breakup of the market based on the material type?
• What is the breakup of the market based on the application?
• What are the various stages in the value chain of the industry?
• What are the key driving factors and challenges in the industry?
• What is the structure of the global cold insulation market and who are the key players?
• What is the degree of competition in the industry?

Contents

1 PREFACE

2 SCOPE AND METHODOLOGY

2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
  2.3.1 Primary Sources
  2.3.2 Secondary Sources
2.4 Market Estimation
  2.4.1 Bottom-Up Approach
  2.4.2 Top-Down Approach
2.5 Forecasting Methodology

3 EXECUTIVE SUMMARY

4 INTRODUCTION

4.1 Overview
4.2 Key Industry Trends

5 GLOBAL COLD INSULATION MARKET

5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast

6 MARKET BREAKUP BY INSULATION TYPE

6.1 Fibrous
  6.1.1 Market Trends
  6.1.2 Market Forecast
6.2 Cellular
  6.2.1 Market Trends
  6.2.2 Market Forecast
6.3 Granular
  6.3.1 Market Trends
  6.3.2 Market Forecast

7 MARKET BREAKUP BY MATERIAL TYPE

7.1 Fiber Glass
  7.1.1 Market Trends
  7.1.2 Market Forecast
7.2 Polyurethane Foam
  7.2.1 Market Trends
  7.2.2 Market Forecast
7.3 Polystyrene Foam
  7.3.1 Market Trends
  7.3.2 Market Forecast
7.4 Phenolic Foam
  7.4.1 Market Trends
  7.4.2 Market Forecast
7.5 Others
  7.5.1 Market Trends
  7.5.2 Market Forecast

8 MARKET BREAKUP BY APPLICATION

8.1 HVAC
  8.1.1 Market Trends
  8.1.2 Market Forecast
8.2 Chemicals
  8.2.1 Market Trends
  8.2.2 Market Forecast
8.3 Oil and Gas
  8.3.1 Market Trends
  8.3.2 Market Forecast
8.4 Refrigeration
  8.4.1 Market Trends
  8.4.2 Market Forecast
8.5 Others
  8.5.1 Market Trends
  8.5.2 Market Forecast

9 MARKET BREAKUP BY REGION

9.1 North America
  9.1.1 United States
    9.1.1.1 Market Trends
    9.1.1.2 Market Forecast
  9.1.2 Canada
    9.1.2.1 Market Trends
    9.1.2.2 Market Forecast
9.2 Asia-Pacific
  9.2.1 China
    9.2.1.1 Market Trends
    9.2.1.2 Market Forecast
  9.2.2 Japan
    9.2.2.1 Market Trends
    9.2.2.2 Market Forecast
  9.2.3 India
    9.2.3.1 Market Trends
    9.2.3.2 Market Forecast
  9.2.4 South Korea
    9.2.4.1 Market Trends
    9.2.4.2 Market Forecast
  9.2.5 Australia
    9.2.5.1 Market Trends
    9.2.5.2 Market Forecast
  9.2.6 Indonesia
    9.2.6.1 Market Trends
    9.2.6.2 Market Forecast
  9.2.7 Others
    9.2.7.1 Market Trends
    9.2.7.2 Market Forecast
9.3 Europe
  9.3.1 Germany
    9.3.1.1 Market Trends
    9.3.1.2 Market Forecast
  9.3.2 France
    9.3.2.1 Market Trends
    9.3.2.2 Market Forecast
  9.3.3 United Kingdom
    9.3.3.1 Market Trends
    9.3.3.2 Market Forecast
  9.3.4 Italy
    9.3.4.1 Market Trends
    9.3.4.2 Market Forecast
  9.3.5 Spain
    9.3.5.1 Market Trends
    9.3.5.2 Market Forecast
  9.3.6 Russia
    9.3.6.1 Market Trends
    9.3.6.2 Market Forecast
  9.3.7 Others
    9.3.7.1 Market Trends
    9.3.7.2 Market Forecast
9.4 Latin America
  9.4.1 Brazil
    9.4.1.1 Market Trends
    9.4.1.2 Market Forecast
  9.4.2 Mexico
    9.4.2.1 Market Trends
    9.4.2.2 Market Forecast
  9.4.3 Others
    9.4.3.1 Market Trends
    9.4.3.2 Market Forecast
9.5 Middle East and Africa
  9.5.1 Market Trends
  9.5.2 Market Breakup by Country
  9.5.3 Market Forecast

10 SWOT ANALYSIS

10.1 Overview
10.2 Strengths
10.3 Weaknesses
10.4 Opportunities
10.5 Threats

11 VALUE CHAIN ANALYSIS

12 PORTERS FIVE FORCES ANALYSIS

12.1 Overview
12.2 Bargaining Power of Buyers
12.3 Bargaining Power of Suppliers
12.4 Degree of Competition
12.5 Threat of New Entrants
12.6 Threat of Substitutes

13 PRICE ANALYSIS

14 COMPETITIVE LANDSCAPE

14.1 Market Structure
14.2 Key Players
14.3 Profiles of Key Players
  14.3.1 Armacell
    14.3.1.1 Company Overview
    14.3.1.2 Product Portfolio
  14.3.2 Aspen Aerogels Inc.
    14.3.2.1 Company Overview
    14.3.2.2 Product Portfolio
    14.3.2.3 Financials
  14.3.3 BASF SE
    14.3.3.1 Company Overview
    14.3.3.2 Product Portfolio
    14.3.3.3 Financials
    14.3.3.4 SWOT Analysis
  14.3.4 CertainTeed (Compagnie de Saint-Gobain S.A.)
    14.3.4.1 Company Overview
    14.3.4.2 Product Portfolio
    14.3.4.3 SWOT Analysis
  14.3.5 Covestro AG
    14.3.5.1 Company Overview
    14.3.5.2 Product Portfolio
    14.3.5.3 Financials
    14.3.5.4 SWOT Analysis
  14.3.6 Dow Inc.
    14.3.6.1 Company Overview
    14.3.6.2 Product Portfolio
    14.3.6.3 Financials
  14.3.7 Evonik Industries AG
    14.3.7.1 Company Overview
    14.3.7.2 Product Portfolio
    14.3.7.3 Financials
    14.3.7.4 SWOT Analysis
  14.3.8 Huntsman Corporation
    14.3.8.1 Company Overview
    14.3.8.2 Product Portfolio
    14.3.8.3 Financials
    14.3.8.4 SWOT Analysis
  14.3.9 Kingspan Group plc
    14.3.9.1 Company Overview
    14.3.9.2 Product Portfolio
    14.3.9.3 Financials
    14.3.9.4 SWOT Analysis
  14.3.10 Owens Corning
    14.3.10.1 Company Overview
    14.3.10.2 Product Portfolio
    14.3.10.3 Financials
    14.3.10.4 SWOT Analysis

List Of Tables

LIST OF TABLES

Table 1: Global: Cold Insulation Market: Key Industry Highlights, 2023 and 2032
Table 2: Global: Cold Insulation Market Forecast: Breakup by Insulation Type (in Million US$), 2024-2032
Table 3: Global: Cold Insulation Market Forecast: Breakup by Material Type (in Million US$), 2024-2032
Table 4: Global: Cold Insulation Market Forecast: Breakup by Application (in Million US$), 2024-2032
Table 5: Global: Cold Insulation Market Forecast: Breakup by Region (in Million US$), 2024-2032
Table 6: Global: Cold Insulation Market: Competitive Structure
Table 7: Global: Cold Insulation Market: Key Players

List Of Figures

LIST OF FIGURES

Figure 1: Global: Cold Insulation Market: Major Drivers and Challenges
Figure 2: Global: Cold Insulation Market: Sales Value (in Billion US$), 2018-2023
Figure 3: Global: Cold Insulation Market Forecast: Sales Value (in Billion US$), 2024-2032
Figure 4: Global: Cold Insulation Market: Breakup by Insulation Type (in %), 2023
Figure 5: Global: Cold Insulation Market: Breakup by Material Type (in %), 2023
Figure 6: Global: Cold Insulation Market: Breakup by Application (in %), 2023
Figure 7: Global: Cold Insulation Market: Breakup by Region (in %), 2023
Figure 8: Global: Cold Insulation (Fibrous) Market: Sales Value (in Million US$), 2018 & 2023
Figure 9: Global: Cold Insulation (Fibrous) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 10: Global: Cold Insulation (Cellular) Market: Sales Value (in Million US$), 2018 & 2023
Figure 11: Global: Cold Insulation (Cellular) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 12: Global: Cold Insulation (Granular) Market: Sales Value (in Million US$), 2018 & 2023
Figure 13: Global: Cold Insulation (Granular) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 14: Global: Cold Insulation (Fiber Glass) Market: Sales Value (in Million US$), 2018 & 2023
Figure 15: Global: Cold Insulation (Fiber Glass) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 16: Global: Cold Insulation (Polyurethane Foam) Market: Sales Value (in Million US$), 2018 & 2023
Figure 17: Global: Cold Insulation (Polyurethane Foam) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 18: Global: Cold Insulation (Polystyrene Foam) Market: Sales Value (in Million US$), 2018 & 2023
Figure 19: Global: Cold Insulation (Polystyrene Foam) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 20: Global: Cold Insulation (Phenolic Foam) Market: Sales Value (in Million US$), 2018 & 2023
Figure 21: Global: Cold Insulation (Phenolic Foam) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 22: Global: Cold Insulation (Other Material Types) Market: Sales Value (in Million US$), 2018 & 2023
Figure 23: Global: Cold Insulation (Other Material Types) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 24: Global: Cold Insulation (HVAC) Market: Sales Value (in Million US$), 2018 & 2023
Figure 25: Global: Cold Insulation (HVAC) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 26: Global: Cold Insulation (Chemicals) Market: Sales Value (in Million US$), 2018 & 2023
Figure 27: Global: Cold Insulation (Chemicals) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 28: Global: Cold Insulation (Oil and Gas) Market: Sales Value (in Million US$), 2018 & 2023
Figure 29: Global: Cold Insulation (Oil and Gas) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 30: Global: Cold Insulation (Refrigeration) Market: Sales Value (in Million US$), 2018 & 2023
Figure 31: Global: Cold Insulation (Refrigeration) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 32: Global: Cold Insulation (Other Applications) Market: Sales Value (in Million US$), 2018 & 2023
Figure 33: Global: Cold Insulation (Other Applications) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 34: North America: Cold Insulation Market: Sales Value (in Million US$), 2018 & 2023
Figure 35: North America: Cold Insulation Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 36: United States: Cold Insulation Market: Sales Value (in Million US$), 2018 & 2023
Figure 37: United States: Cold Insulation Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 38: Canada: Cold Insulation Market: Sales Value (in Million US$), 2018 & 2023
Figure 39: Canada: Cold Insulation Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 40: Asia-Pacific: Cold Insulation Market: Sales Value (in Million US$), 2018 & 2023
Figure 41: Asia-Pacific: Cold Insulation Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 42: China: Cold Insulation Market: Sales Value (in Million US$), 2018 & 2023
Figure 43: China: Cold Insulation Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 44: Japan: Cold Insulation Market: Sales Value (in Million US$), 2018 & 2023
Figure 45: Japan: Cold Insulation Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 46: India: Cold Insulation Market: Sales Value (in Million US$), 2018 & 2023
Figure 47: India: Cold Insulation Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 48: South Korea: Cold Insulation Market: Sales Value (in Million US$), 2018 & 2023
Figure 49: South Korea: Cold Insulation Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 50: Australia: Cold Insulation Market: Sales Value (in Million US$), 2018 & 2023
Figure 51: Australia: Cold Insulation Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 52: Indonesia: Cold Insulation Market: Sales Value (in Million US$), 2018 & 2023
Figure 53: Indonesia: Cold Insulation Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 54: Others: Cold Insulation Market: Sales Value (in Million US$), 2018 & 2023
Figure 55: Others: Cold Insulation Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 56: Europe: Cold Insulation Market: Sales Value (in Million US$), 2018 & 2023
Figure 57: Europe: Cold Insulation Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 58: Germany: Cold Insulation Market: Sales Value (in Million US$), 2018 & 2023
Figure 59: Germany: Cold Insulation Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 60: France: Cold Insulation Market: Sales Value (in Million US$), 2018 & 2023
Figure 61: France: Cold Insulation Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 62: United Kingdom: Cold Insulation Market: Sales Value (in Million US$), 2018 & 2023
Figure 63: United Kingdom: Cold Insulation Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 64: Italy: Cold Insulation Market: Sales Value (in Million US$), 2018 & 2023
Figure 65: Italy: Cold Insulation Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 66: Spain: Cold Insulation Market: Sales Value (in Million US$), 2018 & 2023
Figure 67: Spain: Cold Insulation Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 68: Russia: Cold Insulation Market: Sales Value (in Million US$), 2018 & 2023
Figure 69: Russia: Cold Insulation Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 70: Others: Cold Insulation Market: Sales Value (in Million US$), 2018 & 2023
Figure 71: Others: Cold Insulation Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 72: Latin America: Cold Insulation Market: Sales Value (in Million US$), 2018 & 2023
Figure 73: Latin America: Cold Insulation Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 74: Brazil: Cold Insulation Market: Sales Value (in Million US$), 2018 & 2023
Figure 75: Brazil: Cold Insulation Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 76: Mexico: Cold Insulation Market: Sales Value (in Million US$), 2018 & 2023
Figure 77: Mexico: Cold Insulation Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 78: Others: Cold Insulation Market: Sales Value (in Million US$), 2018 & 2023
Figure 79: Others: Cold Insulation Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 80: Middle East and Africa: Cold Insulation Market: Sales Value (in Million US$), 2018 & 2023
Figure 81: Middle East and Africa: Cold Insulation Market: Breakup by Country (in %), 2023
Figure 82: Middle East and Africa: Cold Insulation Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 83: Global: Cold Insulation Industry: SWOT Analysis
Figure 84: Global: Cold Insulation Industry: Value Chain Analysis
Figure 85: Global: Cold Insulation Industry: Porter's Five Forces Analysis