DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/8jml2h/cold_insulation) has announced the addition of the "Cold Insulation Market by Material (Fiber Glass, Phenolic Foams, Polystyrene Foams, Polyurethane Foams, and Others), by End-Use Industry (Chemicals, HVAC, Oil & Gas, Refrigeration, and Others) - Trends & Forecasts to 2020" report to their offering.
The cold insulation market size is projected to reach USD 5.7 billion by 2020.
Europe is the leading region for cold insulation market during the forecast period, owing to the climatic conditions of most of the European countries. Strict laws by government on sustainable materials, energy savings guidelines, and greenhouse gas emissions guidelines are also the key factors leading to the growth of cold insulation market in the region. Rapid growth of end-use industries, such as chemicals, oil & gas, HVAC, and refrigeration in the region paves the cold insulation to a far extent.
Oil & gas is the largest end-use industry during the forecast period, followed by refrigeration and chemical segment. Cold insulation materials are used for insulation of storage tanks, where LNG is stored and in the liquefaction plant, where conversion of natural gas into liquid state is undertaken. Liquefaction plants are used to convert natural gas to a liquid state at which it can be transported and converted back to the gas state to be used for various industrial, commercial, and residential applications.
Refrigeration is the second-largest end-use industry of cold insulation market. Refrigeration systems are generally operated at temperatures ranging from 20°F to -50°F, depending upon the refrigerant. With proper insulation of refrigeration systems, energy costs can be reduced by around 50% or more. Cryogenic refrigeration has been witnessed to be a very successful method for refrigerating transport products.
This study aims to estimate the market of cold insulation in 2015 in terms of volume and value and project its demand by 2020. This market research study provides a detailed qualitative and quantitative analysis of the cold insulation market. It provides a comprehensive review of key drivers, restraints, opportunities, and challenges in the market. The market is segmented and projected by region into Asia-Pacific, North America, Europe, and RoW, which are further segmented by key countries in each region.
Key Topics Covered:
1 Introduction
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Industry Trends
7 Cold Insulation Market, By Material
8 Cold Insulation Market, By End-Use Industry
9 Regional Analysis
10 Competitive Landscape
11 Company Profiles
- Armacell International Holding GMBH
- Aspen Aerogel Inc.
- BASF SE
- Bayer Materialscience
- Bradford Insulation Industries Ltd
- Dongsung Finetec Corporation
- Huntsman Corporation
- Owens Corning
- Pittsburgh Corning Corporation
- The Dow Chemical Company
For more information visit http://www.researchandmarkets.com/research/8jml2h/cold_insulation
