Global Cold Insulation Market-Oil & Gas, Chemicals, Refrigeration, HVAC & Forecast To 2021
Global Cold Insulation Market Information by Type (Fiber Glass, Polyurethane foam, Polystyrene foam, Phenolic foam), by Application (Oil & Gas, Chemicals, Refrigeration, HVAC, and Others) – Forecast to 2021
Pune, India – December 13, 2016 /MarketersMedia/ —
Market Highlights
Cold insulation refers to low temperature application insulation methods used in industries such as oil & gas, chemicals, food & beverage, and refrigeration. It is applied over processing lines such as pipes, ducts, tanks, fittings, and valves to reduce operational costs and increase process efficiency. A huge amount of insulation material demand will be seen in future due to increasing applications for food storage, chemicals storage, LNG storage and some amount of cryogenic medical applications. The market for global Cold Insulation is projected to grow at a CAGR of about 7-8% during the forecast period.
Key Findings
Rising energy prices, strict government laws for energy efficiency, rising environmental concerns about carbon dioxide emissions are the chief growing drivers for the insulation market
A major restraint for this market is the health hazards caused due to improper material handling
Asia-Pacific market is expected to experience the fast growth as compared to other regions within the cold insulation market
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The key players of Cold Insulation Market
BASF SE
Bayer Material Science
The Dow Chemical Company
Evonik Industries
Dongsung Finetec Corporation
Fletcher Insulation Group
Huntsman Corporation
Segmentation
The market has been majorly segmented on the basis of Type which includes segments Fiber Glass, Polyurethane foam, Polystyrene foam, Phenolic foam and others. Others category in this segment include aerogel, nitrile rubber, cellular glass, and perlite as the major contributing markets. The market for cold insulation is also categorized on the basis of Application into major end-users namely, oil & gas, chemicals, refrigeration, HVAC, and others. Other end-users of this market majorly include insulation applications for rocket fuel handling, medical applications, and biological applications.
Taste the market data and market information presented through more than 60 market data tables and figures spread in 110 numbers of pages of the project report. Avail the in-depth table of content TOC & market synopsis on “Global Cold Insulation Market Information- From 2011 to 2021“
Brief TOC of Global Cold Insulation Market
1. REPORT PROLOGUE
2. INTRODUCTION
2.1 DEFINITION
2.2 SCOPE OF THE STUDY
2.3 MARKET STRUCTURE
2.4. MARKET SEGMENTATION
3. RESEARCH METHODOLOGY
3.1 RESEARCH PROCESS
3.2 PRIMARY RESEARCH
3.3 SECONDARY RESEARCH
3.4 MARKET SIZE ESTIMATION
3.5 FORECAST MODEL
4. MARKET DYNAMICS
4.1 DRIVERS
4.2 RESTRAINTS
4.3 OPPORTUNITIES
5. MARKET FACTOR ANALYSIS
5.1 VALUE CHAIN ANALYSIS
5.2 PORTERS FIVE FORCES ANALYSIS
6. COLD INSULATION, BY END USE INDUSTRY
Continued……
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LIST OF TABLES
TABLE 1 PESTLE ANALYSIS – U.S.
TABLE 2 PESTLE ANALYSIS- INDIA
TABLE 3 PESTLE ANALYSIS- CHINA
TABLE 4 PESTLE ANALYSIS- JAPAN
TABLE 5 PESTLE ANALYSIS- GERMANY
Continued….
Regional Analysis of Cold Insulation Market
Globally, Europe holds the largest share within the Cold Insulation market, on account of factors such as to strict laws by government on sustainable materials, energy savings guidelines and Greenhouse gas emissions guidelines. Asia-Pacific holds the second largest share within the cold insulation market. It is also expected to be fastest growing market; It is projected to grow at a CAGR of XX% and is expected to reach at US$ XXX Million by the end of the forecast period.
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