Research & Markets: Global Cold Insulation Market 2015-2020 Chemicals, HVAC, Oil & Gas, Refrigeration, & Others Trends & Fore...
November 26 2015 - 5:12AM
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
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version on businesswire.com: http://www.businesswire.com/news/home/20151126005097/en/
Research and MarketsLaura Wood, Senior
Managerpress@researchandmarkets.comFor E.S.T. Office Hours Call
1-917-300-0470For U.S./CAN Toll Free Call 1-800-526-8630For GMT
Office Hours Call +353-1-416-8900U.S. Fax: 646-607-1907Fax (outside
U.S.): +353-1-481-1716Sector: Plastics, Polyurethanes, Insulation,
HVAC, Composites, Industrial Refrigeration