Cold Insulation Global Market to Reach $6.6 Billion by 2030: Widespread Deployments of Air Conditioning Equipment Drive HVAC Insulation Demand

DUBLIN, Feb. 23, 2023 /PRNewswire/ -- The "Cold Insulation: Global Strategic Business Report" report has been added to  ResearchAndMarkets.com's offering.

The global market for Cold Insulation estimated at US$4 Billion in the year 2022, is projected to reach a revised size of US$6.6 Billion by 2030, growing at a CAGR of 6.6% over the analysis period 2022-2030.

Fiber Glass, one of the segments analyzed in the report, is projected to record a 6.3% CAGR and reach US$1.6 Billion by the end of the analysis period.

Taking into account the ongoing post pandemic recovery, growth in the Phenolic Foams segment is readjusted to a revised 5.8% CAGR for the next 8-year period.

The U.S. Market is Estimated at $719.6 Million, While China is Forecast to Grow at 9.2% CAGR

The Cold Insulation market in the U.S. is estimated at US$719.6 Million in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$1.3 Billion by the year 2030 trailing a CAGR of 9.2% over the analysis period 2022 to 2030.

Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 4.3% and 5.9% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 5.6% CAGR.

Select Competitors (Total 80 Featured) -

• Arabian Fiberglass Insulation Company Ltd.
• Armacell International S.A.
• Aspen Aerogel Inc.
• BASF SE
• Bradford Insulation Industries Ltd.
• Covestro AG
• Daehyup Tech Co., Ltd.
• 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

What`s New for 2023?

• Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
• Global competitiveness and key competitor percentage market shares
• Market presence across multiple geographies - Strong/Active/Niche/Trivial
• Online interactive peer-to-peer collaborative bespoke updates
• Access to digital archives and Research Platform
• Complimentary updates for one year

Key Topics Covered:

I. METHODOLOGY

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW

• Influencer Market Insights
• World Market Trajectories
• Impact of COVID-19 and a Looming Global Recession
• Pandemic Crisis Weakens Economic Environment, Triggering Negative Tide in GDP
• World Economic Growth Projections (Real GDP, Annual % Change) for 2019, 2020 & 2021
• Cold Insulation: A Prelude
• A Comparison of Common Available Insulation Materials
• Key Characteristics of Cold Insulation Materials
• Hot Insulation versus Cold Insulation
• Increasing Environmental Concerns and the Critical Need to Minimize Energy Loss Drive 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
• Competition
• World Brands
• Recent Market Activity
• Cold Insulation - Global Key Competitors Percentage Market Share in 2022 (E)
• Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)

2. FOCUS ON SELECT PLAYERS

3. MARKET TRENDS & DRIVERS

• Rising Concerns over Greenhouse Gas Emissions Extends 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
• Oil & Gas Sector: Complex Operational Environments Enhance Significance ofCold Insulation Materials
• COVID-19 Throws New Set of Challenges for Oil & Gas Industry
• Global Oil & Gas E&P Industry Spending (2015-2021E)
• Breakdown of Global E&P Spending (in %) by Supply Segment for the Year 2019 & 2020
• Breakdown of North American E&P Capital Spending (in %) by Type of Company for 2020
• Cold Insulation in HVAC Sector: Significant Growth Potential
• Global HVAC Systems Market Size (in US$ Billion) for the Years 2019, 2022 & 2025
• Global HVAC Market Revenues (in %) by End-Use Sector: 2020E
• Global HVAC Market Revenues (in %) by Region: 2020E
• 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
• Construction and Infrastructure Spending Determines Demand for Cold Insulation Materials
• Projected Infrastructure Investment Needed (in US$ Trillion) by Region Over the Period 2016-2040
• Global Infrastructure Spending: Projected Infrastructure Investment Needs (in $ Trillion) by Sector Over the Period 2016-2040
• 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: 2020E
• Investments in Cold Chain Facilities to Set the Tone for Refrigeration Insulation Demand
• Increasing Cryogenic Equipment Deployments Augur Well for Cold Insulation Market
• Global Cryogenic Equipment Market Size (in US$ Billion) for the Years 2020, 2022, 2024 and 2026
• Polyurethane Foam Emerges as a Widely Used Cold Insulation Material
• Global Polyurethane Foams Market by End-Use Application (2020)
• Polystyrene Foam: Growth Driven by Use in Insulation Products
• Global Polystyrene Foams Demand Breakdown by End-Use Sector (in %) for 2020
• Innovations & Advancements Spearhead Growth
• Bio-Based Cold Insulation Materials: A Promising Development
• Stringent Environmental Regulations to Favor Market Growth

4. GLOBAL MARKET PERSPECTIVE

III. MARKET ANALYSIS

IV. COMPETITION

• Total Companies Profiled: 80

For more information about this report visit https://www.researchandmarkets.com/r/xdwfsy-insulation?w=5

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