In this report, LP Information covers the present scenario (with the base year being 2017) and the growth prospects of global Cold Insulation Material market for 2018–2023.

Insulation materials are materials or mixtures of materials which lowers the energy losses by retarding the amount of heat loss or gain. The insulation material market is primarily segmented into two broad categories viz. hot and cold insulation material markets. Hot insulation materials are mainly used to insulate piping systems used to transport high temperature substances. Cold insulation material is usually used within temperatures ranging from -275°C to 15°C. Cold insulation material is used in a broad range of applications, including refrigeration, HVAC, oil & gas, and chemical. Among these, oil & gas and chemicals are the main consumers for cold insulation materials. Cold insulation materials also find their application in the construction, automobile, and electronic sectors.

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The rapid growth of end-use industries, such as chemicals, refrigeration, HVAC, chemicals, and oil & gas in Asia-Pacific is leading to significant growth of the cold insulation market recently. Moreover availability of feedstock and low costs to set up manufacturing facilities is driving the growth of cold insulation market in the region. Skilled workforce and relatively lower wages aid low cost manufacturing and lower costs of electricity and water are the other reasons for the high growth rate in Asia-Pacific. Government regulations, such as Clean Air Act and Clean Power Plan are also boosting the growth of the cold insulation market. Opacity in political structures in certain countries, such as India, China, and Korea make it difficult for established companies to invest in these markets. China is the fastest-growing country in cold insulation market. Growth in industries, such as, oil & gas, refrigeration, and chemicals is making way for growth of the cold insulation market in China. The current growth rate in China is strong enough to sustain more efficient manufacturing and attractive cold insulation market. It may be expected that in the next five to ten years, chemical manufacturing in China will shift towards the manufacturing of specialty chemicals. Thus, cold insulation market is projected to record strong growth in the next decade as well.

Over the next five years, LPI(LP Information) projects that Cold Insulation Material will register a 7.8% CAGR in terms of revenue, reach US$ 7380 million by 2023, from US$ 4700 million in 2017.

To calculate the market size, LP Information considers value and volume generated from the sales of the following segments:

Segmentation by product type:

• Fiber Glass
• Polyurethane Foam
• Polystyrene Foam
• Phenolic Foam
• Other Materials

Segmentation by application:

• Refrigeration
• Oil & Gas
• Chemicals
• Others

This report also splits the market by region:

• Americas
• United States
• Canada
• Mexico
• Brazil
• APAC

Research objectives

• To study and analyze the global Cold Insulation Material consumption (value & volume) by key regions/countries, product type and application, history data from 2013 to 2017, and forecast to 2023.
• To understand the structure of Cold Insulation Material market by identifying its various subsegments.
• Focuses on the key global Cold Insulation Material manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
• To analyze the Cold Insulation Material with respect to individual growth trends, future prospects, and their contribution to the total market.

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Table of content

2018–2023 Global Cold Insulation Material Consumption Market Report

1 Scope of the Report
1.1 Market Introduction
1.2 Research Objectives
1.3 Years Considered
1.4 Market Research Methodology
1.5 Economic Indicators
1.6 Currency Considered

2 Executive Summary
2.1 World Market Overview
2.1.1 Global Cold Insulation Material Consumption 2013–2023
2.1.2 Cold Insulation Material Consumption CAGR by Region
2.2 Cold Insulation Material Segment by Type
2.2.1 Fiber Glass
2.2.2 Polyurethane Foam
2.2.3 Polystyrene Foam
2.2.4 Phenolic Foam
2.2.5 Other Materials
2.3 Cold Insulation Material Consumption by Type
2.3.1 Global Cold Insulation Material Consumption Market Share by Type (2013–2018)
2.3.2 Global Cold Insulation Material Revenue and Market Share by Type (2013–2018)
2.3.3 Global Cold Insulation Material Sale Price by Type (2013–2018)
2.4 Cold Insulation Material Segment by Application
2.4.1 Refrigeration
2.4.2 Oil & Gas
2.4.3 Chemicals
2.4.4 Others
2.5 Cold Insulation Material Consumption by Application
2.5.1 Global Cold Insulation Material Consumption Market Share by Application (2013–2018)
2.5.2 Global Cold Insulation Material Value and Market Share by Application (2013–2018)
2.5.3 Global Cold Insulation Material Sale Price by Application (2013–2018)

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