Global Cold Insulation Market Worth an Estimated $6.9 Billion by 2025 - ResearchAndMarkets.com
Global Cold Insulation Market Worth an Estimated $6.9 Billion by 2025 - ResearchAndMarkets.com
DUBLIN--(BUSINESS WIRE)--The "Cold Insulation - Global Market Trajectory & Analytics" report has been added to ResearchAndMarkets.com's offering.
The global market for Cold Insulation is projected to reach US$6.9 billion by 2025, driven by the ubiquity and ever-present importance of industrial refrigeration in food processing, chemical, pharmaceutical manufacturing, refrigerated transport, and liquefied natural gas (LNG), among others.
Few of the factors driving consumption of chilled and frozen foods worldwide include growth in quick service restaurants, fast food chains and hypermarkets; rise in demand for different ethnic and international cuisine; innovation in frozen food product packaging; changing consumer perception over the nutritional benefits of frozen foods; and launch of healthy frozen foods with as low sodium, low calorie and high fiber ingredients. The market is forecast to receive an adrenalin boost with globalization of food making cold chains more global, leading to refrigerated transport vehicles traveling extended distances.
The United States and Europe represent large markets worldwide with a combined share of 54.8% of the market. China ranks as the fastest growing market with a CAGR of 11.3% over the analysis period supported by the country's rapidly expanding cold chain logistics industry on the back of rapid urbanization and dietary changes of the locals. As e-commerce and logistics companies step up their investments for the establishment of cold chain warehouses, the market stands to richly benefit.
Key Topics Covered
I. INTRODUCTION, METHODOLOGY & REPORT SCOPE
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
- Increasing Environmental Concerns and the Critical Need to Minimize Energy Loss Drive Healthy Demand
- Polyurethane Foam: Largest and Fastest Growing Cold Insulation Material Type
- Fiber Glass: A Traditional Widely Used Cold Insulation Material
- Phenolic Foam Seeks to Widen Addressable Market
- Oil & Gas Applications Dominate Cold Insulation Sales
- Europe Dominates Consumption, While China Leads Global Growth in Demand
- Cold Insulation: A Prelude
- A Comparison of Common Available Insulation Materials
- Preventing Moisture Condensation and Other Characteristics of Cold Insulation Materials
- Hot Insulation versus Cold Insulation
- Impact of COVID-19 and a Looming Global Recession
2. FOCUS ON SELECT PLAYERS
- Arabian Fiberglass Insulation Company Ltd. (Saudi Arabia)
- Armacell International SA (Germany)
- Aspen Aerogel Inc. (USA)
- BASF SE (Germany)
- Bradford Insulation Industries Ltd. (Australia)
- Covestro AG (Germany)
- Fletcher Insulation (Australia)
- G+H Group (Germany)
- Huntsman Corporation (USA)
- Johns Manville (USA)
- Kingspan Group plc (Ireland)
- Knauf Insulation Ltd. (UK)
- Morgan Advanced Materials Porextherm Dmmstoffe GmbH (Germany)
- Owens Corning (USA)
- Rockwool International A/S (Denmark)
- The Dow Chemical Company (USA)
- URSA Insulation, SA (Spain)
3. MARKET TRENDS & DRIVERS
- Rising Concerns over Green House Gas Emissions Extends Significant Growth Opportunities
- Worldwide Greenhouse Gas Emissions by Economic Sector (in %): 2019
- Worldwide Greenhouse Gas Emissions by Gas (in %): 2019
- Worldwide CO2 Emissions from Industrial and Fossil Fuel Combustion Processes by Region (in %): 2019
- WTW Greenhouse Gas Emissions (in gm CO2eq/MJ) for Gasoline, Diesel, CNG, LNG, CNG from Landfill Gas, and LNG from Landfill Gas
- Pounds of Air Pollutants (CO2, CO, NOx, SO2, Particulates, and Mercury) Per Billion BTUs of Energy for Natural Gas, Oil, and Coal
- Stable Growth in the Global Oil & Gas Sector Benefits Market Prospects
- Worldwide E&P Capital Spending in $ Billion by Region and Type of Company for the Period 2017-2019
- North American E&P Capital Spending in $ Billion by Type of Company (2017-2019)
- Stringent Environmental Regulations to Favor Market Growth
- High Growth Opportunities for Cold Insulation in HVAC Sector
- Global HVAC Market Revenues (in %) by End-Use Sector: 2019
- Global HVAC Market Revenues (in %) by Region: 2019
- Widespread Deployments of Air Conditioning Equipment Drive HVAC Insulation Demand
- Global Installed Base of Air Condoning Units (in Millions) for the Years 2016, 2020, 2030, 2040 & 2050
- Global Economic Outlook and the Cold Insulation Market
- Real GDP Growth Rates in % by Country/Region for the Years 2017 through 2020
- Intensified Demand for Refrigeration Equipment Accelerates Market Expansion
- Growing Prominence of Cold Insulation in the Food Cold Chain
- Global Cold Storage Market Revenues (in %) by Product Category: 2019
- Rising Cold Chain Investments Fuel Refrigeration Insulation Demand
- Innovations & Advancements: Spearheading Growth
- Northbound Trajectory in Cryogenic Equipment Deployments
4. GLOBAL MARKET PERSPECTIVE
III. MARKET ANALYSIS
IV. COMPETITION
- Total Companies Profiled: 38
For more information about this report visit https://www.researchandmarkets.com/r/q5h0dy
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