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Fresh Perspectives on the Global Cold Insulation Market to Get Your Business Strategy Ready

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.

Global Industry Analysts, Inc. (GIA) launches comprehensive analysis of industry segments, market trends, growth drivers, market share, size and demand forecasts on the global Cold Insulation market. The segments covered in the study include End-Use Industry (Chemicals, HVAC, Oil & Gas, Refrigeration, Other End-Use Industries); and Material (Fiber Glass, Phenolic Foams, Polystyrene Foams, Polyurethane Foams, Other Materials).

2 July 3:34 A.M., California/Marketwire/ - According to the new market research report, 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 benefits of cold insulation include lower energy consumption/costs; prevents moisture condensation; enhances industrial process performance; enhances performance of refrigeration equipment; reduces emissions of pollutants; reduces noise; optimum maintenance of process temperatures and improved quality of product manufactured; ensures operating safety and protection of personnel; and prevents mold and mildew growth. Cold insulation also retards condensation by keeping surface temperatures above dew point and as a result restricts corrosion. This is an important advantage for cold pipeline insulation.

Environment friendliness is also major economic and financial benefit for companies relying on process refrigeration. Lower energy consumption leads to parallel reduction in VOCs, CEs, NOX, SOX, carbon monoxide and mercury emissions. And in the current era of carbon taxes where companies are made to pay for pollution by punitive regulations, this is an important advantage. Few of the popular materials used in cold insulation include polyurethane foam, rubber foam, and foam glass. While polyurethane foam possesses characteristics such as low smoke emission and low water vapor permeability, rubber foam features high resistance to moisture vapor. Phenolic foams are also widely used. Phenolic foams have a fine cellular structure and a closed cell content of more than 95%. They are lightweight and easy to handle, transport, and install. In addition, they can be manufactured with varying densities, ranging between 35 kg/m3 and 200 kg/m3. High density variants, such as phenolic insulation boards offer superior stability and strength that make them ideal for floor insulation. Moreover, phenolic foams are mold, fungus, and vermin resistant and offer the capability of withstanding temperatures of up to 120oC.

Among the numerous application areas, cold chain storage, distribution, warehousing and logistics are poised to provide the largest growth opportunity. Cold insulation is vital in ensuring effectiveness of cold chain equipment like ice-lined refrigerators, on-grid freezers, cold boxes & refrigerated vehicles to ensure quality, health, and integrity of products being transported and delivered. With competition intensifying in the food cold chain, industry players are feeling the heat to keep refrigerated freight frosty. 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 Competitors Covered in the Report
Arabian Fiberglass Insulation Company Ltd.
Armacell International S.A.
Aspen Aerogel Inc.
BASF SE
Bradford Insulation Industries Ltd.
Covestro AG
Fletcher Insulation
G+H Group
Huntsman Corporation
Johns Manville
Kingspan Group plc
Knauf Insulation Ltd.
Morgan Advanced Materials
Porextherm Dammstoffe GmbH
Owens Corning
Rockwool International A/S
The Dow Chemical Company
URSA Insulation, S.A.

Geographies Analyzed in the Report
United States
Canada
Japan
China
Europe (France, Germany, Italy, United Kingdom, and Rest of Europe)
Asia-Pacific
Rest of World

More details

Research Methodology
This latest edition of the research study is conducted and published by Global Industry Analysts, Inc., in close collaboration with senior executives in the industry driving strategy, business development, marketing, sales, product management, technology and operations. All analysis and findings published in the report are based on validated engagements from a total executive pool size of 4133. Among this pool, 744 direct interactions with domain experts were carried out via our proprietary market research platform, MarketGlass. Among the 124 unique participations, a total of 56 validated responses were received as part of this report's primary research outreach program. We are unique in the industry to provide our clients with the validated list executive engagements and the complete project data stack.

About Global Industry Analysts, Inc.
Global Industry Analysts, Inc., (GIA) (www.strategyr.com) is the world's only influencer driven AI powered market research company. Serving more than 41,000 clients from 36 countries, GIA is recognized for accurate forecasting of markets and industries for 33 years, offering the widest coverage of topics, geographic markets, competitive brands, and companies profiled.

Contact Us:
Zak Ali
Director, Corporate Communications
Global Industry Analysts, Inc.
Phone: 1-408-528-9966
Email: sales@StrategyR.com


Fresh Perspectives on the Global Cold Insulation Market to Get Your Business Strategy Ready

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.

Global Industry Analysts, Inc. (GIA) launches comprehensive analysis of industry segments, market trends, growth drivers, market share, size and demand forecasts on the global Cold Insulation market. The segments covered in the study include End-Use Industry (Chemicals, HVAC, Oil & Gas, Refrigeration, Other End-Use Industries); and Material (Fiber Glass, Phenolic Foams, Polystyrene Foams, Polyurethane Foams, Other Materials).

10 June 7:47 A.M., California/Marketwire/ - According to the new market research report, 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. The market will receive a setback in 2020 amid ongoing COVID-19 crisis and will be reset to a new normal which going forwards in a post crisis era will be continuously redefined and redesigned.

Cold insulation is vital in ensuring effectiveness of cold chain equipment like ice-lined refrigerators, on-grid freezers, cold boxes & refrigerated vehicles to ensure quality, health, and integrity of products being transported and delivered. Few of the benefits of cold insulation include lower energy consumption and associated costs; prevents moisture condensation; enhances industrial process performance; improves refrigeration equipment performance; reduces emissions of pollutants; reduces noise; ensures operating safety and protection of personnel; and prevents mold and mildew growth. With competition intensifying in the food cold chain, industry players remain under immense pressure to keep refrigerated freight frosty. 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; and changing consumer perception over the nutritional benefits of frozen foods. 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.

Key Competitors Covered in the Report
Arabian Fiberglass Insulation Company Ltd.
Armacell International S.A.
Aspen Aerogel Inc.
BASF SE
Bradford Insulation Industries Ltd.
Covestro AG
Fletcher Insulation
G+H Group
Huntsman Corporation
Johns Manville
Kingspan Group plc
Knauf Insulation Ltd.
Morgan Advanced Materials
Porextherm Dammstoffe GmbH
Owens Corning
Rockwool International A/S
The Dow Chemical Company
URSA Insulation, S.A.

Geographies Analyzed in the Report
United States
Canada
Japan
China
Europe (France, Germany, Italy, United Kingdom, and Rest of Europe)
Asia-Pacific
Rest of World

More details

Research Methodology
This latest edition of the research study is conducted and published by Global Industry Analysts, Inc., in close collaboration with senior executives in the industry driving strategy, business development, marketing, sales, product management, technology and operations. All analysis and findings published in the report are based on validated engagements from a total executive pool size of 4133. Among this pool, 744 direct interactions with domain experts were carried out via our proprietary market research platform, MarketGlass. Among the 124 unique participations, a total of 56 validated responses were received as part of this report's primary research outreach program. We are unique in the industry to provide our clients with the validated list executive engagements and the complete project data stack.

About Global Industry Analysts, Inc.
Global Industry Analysts, Inc., (GIA) (www.strategyr.com) is the world's only influencer driven AI powered market research company. Serving more than 41,000 clients from 36 countries, GIA is recognized for accurate forecasting of markets and industries for 33 years, offering the widest coverage of topics, geographic markets, competitive brands, and companies profiled.

Contact Us:
Zak Ali
Director, Corporate Communications
Global Industry Analysts, Inc.
Phone: 1-408-528-9966
Email: sales@StrategyR.com