Global Cold Insulation Material Market Research Report 2023(Status and Outlook)

Global Cold Insulation Material Market Research Report 2023(Status and Outlook)



Report Overview

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.

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 Others 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.

The Global Cold Insulation Material Market Size was estimated at USD 4324.00 million in 2022 and is projected to reach USD 6719.44 million by 2029, exhibiting a CAGR of 6.50% during the forecast period.

Bosson Research’s latest report provides a deep insight into the global Cold Insulation Material market covering all its essential aspects. This ranges from a macro overview of the market to micro details of the market size, competitive landscape, development trend, niche market, key market drivers and challenges, SWOT analysis, Porter’s five forces analysis, value chain analysis, etc.

The analysis helps the reader to shape the competition within the industries and strategies for the competitive environment to enhance the potential profit. Furthermore, it provides a simple framework for evaluating and accessing the position of the business organization. The report structure also focuses on the competitive landscape of the Global Cold Insulation Material Market, this report introduces in detail the market share, market performance, product situation, operation situation, etc. of the main players, which helps the readers in the industry to identify the main competitors and deeply understand the competition pattern of the market.

In a word, this report is a must-read for industry players, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the Cold Insulation Material market in any manner.

Global Cold Insulation Material Market: Market Segmentation Analysis

The research report includes specific segments by region (country), manufacturers, Type, and Application. Market segmentation creates subsets of a market based on product type, end-user or application, Geographic, and other factors. By understanding the market segments, the decision-maker can leverage this targeting in the product, sales, and marketing strategies. Market segments can power your product development cycles by informing how you create product offerings for different segments.

Key Company

Huntsman Corporation

Armacell International Holding GmbH

BASF SE

The DOW Chemical Company

Owens Corning

Bradford Insulation Industries Ltd

Dongsung Finetec Corporation

Aspen Aerogel Inc.

Bayer Materialscience

Pittsburgh Corning Corporation

Market Segmentation (by Type)

Fiber Glass

Polyurethane Foam

Polystyrene Foam

Phenolic Foam

Others Materials

Market Segmentation (by Application)

Collective House

Detached House

Geographic Segmentation

North America (USA, Canada, Mexico)

Europe (Germany, UK, France, Russia, Italy, Rest of Europe)

Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Rest of Asia-Pacific)

South America (Brazil, Argentina, Columbia, Rest of South America)

The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, South Africa, Rest of MEA)

Key Benefits of This Market Research:

Industry drivers, restraints, and opportunities covered in the study

Neutral perspective on the market performance

Recent industry trends and developments

Competitive landscape & strategies of key players

Potential & niche segments and regions exhibiting promising growth covered

Historical, current, and projected market size, in terms of value

In-depth analysis of the Cold Insulation Material Market

Overview of the regional outlook of the Cold Insulation Material Market:

Key Reasons to Buy this Report:

Access to date statistics compiled by our researchers. These provide you with historical and forecast data, which is analyzed to tell you why your market is set to change

This enables you to anticipate market changes to remain ahead of your competitors


1 Research Methodology and Statistical Scope
1.1 Market Definition and Statistical Scope of Cold Insulation Material
1.2 Key Market Segments
1.2.1 Cold Insulation Material Segment by Type
1.2.2 Cold Insulation Material Segment by Application
1.3 Methodology & Sources of Information
1.3.1 Research Methodology
1.3.2 Research Process
1.3.3 Market Breakdown and Data Triangulation
1.3.4 Base Year
1.3.5 Report Assumptions & Caveats
2 Cold Insulation Material Market Overview
2.1 Global Market Overview
2.1.1 Global Cold Insulation Material Market Size (M USD) Estimates and Forecasts (2018-2029)
2.1.2 Global Cold Insulation Material Sales Estimates and Forecasts (2018-2029)
2.2 Market Segment Executive Summary
2.3 Global Market Size by Region
3 Cold Insulation Material Market Competitive Landscape
3.1 Global Cold Insulation Material Sales by Manufacturers (2018-2023)
3.2 Global Cold Insulation Material Revenue Market Share by Manufacturers (2018-2023)
3.3 Cold Insulation Material Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
3.4 Global Cold Insulation Material Average Price by Manufacturers (2018-2023)
3.5 Manufacturers Cold Insulation Material Sales Sites, Area Served, Product Type
3.6 Cold Insulation Material Market Competitive Situation and Trends
3.6.1 Cold Insulation Material Market Concentration Rate
3.6.2 Global 5 and 10 Largest Cold Insulation Material Players Market Share by Revenue
3.6.3 Mergers & Acquisitions, Expansion
4 Cold Insulation Material Industry Chain Analysis
4.1 Cold Insulation Material Industry Chain Analysis
4.2 Market Overview of Key Raw Materials
4.3 Midstream Market Analysis
4.4 Downstream Customer Analysis
5 The Development and Dynamics of Cold Insulation Material Market
5.1 Key Development Trends
5.2 Driving Factors
5.3 Market Challenges
5.4 Market Restraints
5.5 Industry News
5.5.1 New Product Developments
5.5.2 Mergers & Acquisitions
5.5.3 Expansions
5.5.4 Collaboration/Supply Contracts
5.6 Industry Policies
6 Cold Insulation Material Market Segmentation by Type
6.1 Evaluation Matrix of Segment Market Development Potential (Type)
6.2 Global Cold Insulation Material Sales Market Share by Type (2018-2023)
6.3 Global Cold Insulation Material Market Size Market Share by Type (2018-2023)
6.4 Global Cold Insulation Material Price by Type (2018-2023)
7 Cold Insulation Material Market Segmentation by Application
7.1 Evaluation Matrix of Segment Market Development Potential (Application)
7.2 Global Cold Insulation Material Market Sales by Application (2018-2023)
7.3 Global Cold Insulation Material Market Size (M USD) by Application (2018-2023)
7.4 Global Cold Insulation Material Sales Growth Rate by Application (2018-2023)
8 Cold Insulation Material Market Segmentation by Region
8.1 Global Cold Insulation Material Sales by Region
8.1.1 Global Cold Insulation Material Sales by Region
8.1.2 Global Cold Insulation Material Sales Market Share by Region
8.2 North America
8.2.1 North America Cold Insulation Material Sales by Country
8.2.2 U.S.
8.2.3 Canada
8.2.4 Mexico
8.3 Europe
8.3.1 Europe Cold Insulation Material Sales by Country
8.3.2 Germany
8.3.3 France
8.3.4 U.K.
8.3.5 Italy
8.3.6 Russia
8.4 Asia Pacific
8.4.1 Asia Pacific Cold Insulation Material Sales by Region
8.4.2 China
8.4.3 Japan
8.4.4 South Korea
8.4.5 India
8.4.6 Southeast Asia
8.5 South America
8.5.1 South America Cold Insulation Material Sales by Country
8.5.2 Brazil
8.5.3 Argentina
8.5.4 Columbia
8.6 Middle East and Africa
8.6.1 Middle East and Africa Cold Insulation Material Sales by Region
8.6.2 Saudi Arabia
8.6.3 UAE
8.6.4 Egypt
8.6.5 Nigeria
8.6.6 South Africa
9 Key Companies Profile
9.1 Huntsman Corporation
9.1.1 Huntsman Corporation Cold Insulation Material Basic Information
9.1.2 Huntsman Corporation Cold Insulation Material Product Overview
9.1.3 Huntsman Corporation Cold Insulation Material Product Market Performance
9.1.4 Huntsman Corporation Business Overview
9.1.5 Huntsman Corporation Cold Insulation Material SWOT Analysis
9.1.6 Huntsman Corporation Recent Developments
9.2 Armacell International Holding GmbH
9.2.1 Armacell International Holding GmbH Cold Insulation Material Basic Information
9.2.2 Armacell International Holding GmbH Cold Insulation Material Product Overview
9.2.3 Armacell International Holding GmbH Cold Insulation Material Product Market Performance
9.2.4 Armacell International Holding GmbH Business Overview
9.2.5 Armacell International Holding GmbH Cold Insulation Material SWOT Analysis
9.2.6 Armacell International Holding GmbH Recent Developments
9.3 BASF SE
9.3.1 BASF SE Cold Insulation Material Basic Information
9.3.2 BASF SE Cold Insulation Material Product Overview
9.3.3 BASF SE Cold Insulation Material Product Market Performance
9.3.4 BASF SE Business Overview
9.3.5 BASF SE Cold Insulation Material SWOT Analysis
9.3.6 BASF SE Recent Developments
9.4 The DOW Chemical Company
9.4.1 The DOW Chemical Company Cold Insulation Material Basic Information
9.4.2 The DOW Chemical Company Cold Insulation Material Product Overview
9.4.3 The DOW Chemical Company Cold Insulation Material Product Market Performance
9.4.4 The DOW Chemical Company Business Overview
9.4.5 The DOW Chemical Company Cold Insulation Material SWOT Analysis
9.4.6 The DOW Chemical Company Recent Developments
9.5 Owens Corning
9.5.1 Owens Corning Cold Insulation Material Basic Information
9.5.2 Owens Corning Cold Insulation Material Product Overview
9.5.3 Owens Corning Cold Insulation Material Product Market Performance
9.5.4 Owens Corning Business Overview
9.5.5 Owens Corning Cold Insulation Material SWOT Analysis
9.5.6 Owens Corning Recent Developments
9.6 Bradford Insulation Industries Ltd
9.6.1 Bradford Insulation Industries Ltd Cold Insulation Material Basic Information
9.6.2 Bradford Insulation Industries Ltd Cold Insulation Material Product Overview
9.6.3 Bradford Insulation Industries Ltd Cold Insulation Material Product Market Performance
9.6.4 Bradford Insulation Industries Ltd Business Overview
9.6.5 Bradford Insulation Industries Ltd Recent Developments
9.7 Dongsung Finetec Corporation
9.7.1 Dongsung Finetec Corporation Cold Insulation Material Basic Information
9.7.2 Dongsung Finetec Corporation Cold Insulation Material Product Overview
9.7.3 Dongsung Finetec Corporation Cold Insulation Material Product Market Performance
9.7.4 Dongsung Finetec Corporation Business Overview
9.7.5 Dongsung Finetec Corporation Recent Developments
9.8 Aspen Aerogel Inc.
9.8.1 Aspen Aerogel Inc. Cold Insulation Material Basic Information
9.8.2 Aspen Aerogel Inc. Cold Insulation Material Product Overview
9.8.3 Aspen Aerogel Inc. Cold Insulation Material Product Market Performance
9.8.4 Aspen Aerogel Inc. Business Overview
9.8.5 Aspen Aerogel Inc. Recent Developments
9.9 Bayer Materialscience
9.9.1 Bayer Materialscience Cold Insulation Material Basic Information
9.9.2 Bayer Materialscience Cold Insulation Material Product Overview
9.9.3 Bayer Materialscience Cold Insulation Material Product Market Performance
9.9.4 Bayer Materialscience Business Overview
9.9.5 Bayer Materialscience Recent Developments
9.10 Pittsburgh Corning Corporation
9.10.1 Pittsburgh Corning Corporation Cold Insulation Material Basic Information
9.10.2 Pittsburgh Corning Corporation Cold Insulation Material Product Overview
9.10.3 Pittsburgh Corning Corporation Cold Insulation Material Product Market Performance
9.10.4 Pittsburgh Corning Corporation Business Overview
9.10.5 Pittsburgh Corning Corporation Recent Developments
10 Cold Insulation Material Market Forecast by Region
10.1 Global Cold Insulation Material Market Size Forecast
10.2 Global Cold Insulation Material Market Forecast by Region
10.2.1 North America Market Size Forecast by Country
10.2.2 Europe Cold Insulation Material Market Size Forecast by Country
10.2.3 Asia Pacific Cold Insulation Material Market Size Forecast by Region
10.2.4 South America Cold Insulation Material Market Size Forecast by Country
10.2.5 Middle East and Africa Forecasted Consumption of Cold Insulation Material by Country
11 Forecast Market by Type and by Application (2024-2029)
11.1 Global Cold Insulation Material Market Forecast by Type (2024-2029)
11.1.1 Global Forecasted Sales of Cold Insulation Material by Type (2024-2029)
11.1.2 Global Cold Insulation Material Market Size Forecast by Type (2024-2029)
11.1.3 Global Forecasted Price of Cold Insulation Material by Type (2024-2029)
11.2 Global Cold Insulation Material Market Forecast by Application (2024-2029)
11.2.1 Global Cold Insulation Material Sales (K MT) Forecast by Application
11.2.2 Global Cold Insulation Material Market Size (M USD) Forecast by Application (2024-2029)
12 Conclusion and Key Findings

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