Global Refrigeration Insulation Materials Market - 2023-2030

Best Price Guarantee	Length	Publisher	Published Date	SKU
from $4,350	195 Pages	DataM Intelligence 4Market Research LLP	May, 2023	DTAM17899746

Best Price Guarantee
Price	from $4,350
Length	195 Pages
Publisher	DataM Intelligence 4Market Research LLP
Published Date	May, 2023
SKU	DTAM17899746

Global Refrigeration Insulation Materials Market - 2023-2030

Market Overview

The global refrigeration insulation materials market reached US$ XX million in 2022 and is projected to witness lucrative growth by reaching up to US$ XX million by 2030. The market is growing at a CAGR of 6.1% during the forecast period (2023-2030).

Refrigeration insulation materials can be used for a broad range of insulation, as seen in various heat exchange problems today. It decreases the passage of heat in refrigerated pipes, vehicles, warehouses, and HVAC systems. During construction, refrigerated insulation is utilized to stop equipment heat loss. The economic operation of a successful refrigeration system heavily shows the quality of refrigeration insulation materials. The demand for refrigeration insulation material is expected to grow over the forecast period.

Market Dynamics

Increasing demand for polyurethane in refrigeration industry as insulation material

PU is a popular insulation material due to its durability and resistance to moisture, chemicals and fire. It makes it suitable for refrigeration systems that store food products sensitive to moisture, such as fruits and vegetables. Moreover, PU is relatively lightweight and easy to install, which makes it a cost-effective insulation material for refrigeration systems. Further, PU is also capable of offering refrigeration while reducing energy consumption. Therefore, the demand for PU as a refrigeration insulation material is growing extensively.

The high cost of refrigeration insulation materials and presence of alternatives

The high cost of refrigeration insulation materials make them less competitive than alternative insulation materials such as rock wool and cellulose. It causes a decrease in demand for refrigeration insulation materials, thereby slowing down the market growth. Moreover, the increasing trend of using alternative refrigeration systems, such as natural refrigerants, also limits the growth of the refrigeration insulation materials market. These systems can be more energy-efficient and cost-effective than traditional refrigeration systems, reducing the demand for insulation materials.

COVID-19 Impact Analysis

The COVID-19 analysis includes Pre-COVID Scenario, COVID Scenario and Post-COVID Scenario along with pricing dynamics (including pricing change during and post-pandemic comparing it with pre-COVID scenarios), demand-supply spectrum (shift in demand and supply owing to trading restrictions, lockdown and subsequent issues), government initiatives (initiatives to revive market, sector or industry by government bodies) and manufacturers strategic initiatives (what manufacturers did to mitigate the COVID issues will be covered here).

Segment Analysis

The global refrigeration insulation materials market is segmented based on type, application, end-user and region.

Growing utilization of refrigeration insulation materials from food and beverages sector to preserve food products and maintain their quality, safety, and freshness

The insulation materials used in refrigeration systems help to reduce energy consumption by reducing heat transfer between the refrigerated space and the surrounding environment. It helps keep food products at the desired temperature while reducing operating costs for the industry. As a result, the respective materials are extensively used in dairy and food industries to preserve food products and maintain their quality, safety, and freshness. Therefore, the food and beverages segment dominates the end-user verticals of global refrigeration insulation materials market.

Geographical Analysis

The presence of key players in Asia-Pacific and growing investments from international manufacturers

In the refrigeration insulation materials market, Asia-Pacific region has many manufacturers. Many manufacturers in the Asia-Pacific region have invested largely in research and development to improve the thermal insulation properties of their products and reduce their environmental impact. It has led to the development of innovative and cost-effective refrigeration insulation materials. Additionally, many international insulation developing companies are investing in Asia-Pacific due to low manufacturing and labor costs.

Both the aforementioned factors are expected to influence the refrigeration insulation materials market in the region, as innovations in power generation and refrigerated transportation packaging markets in Asia-Pacific develop in the future.

Competitive Landscape

The major global players in the market include Aspen Aerogel, BASF SE, Etex, Isover, Kingspan Group Plc, Morgan Advanced Material, Owens Corning, Zetofoam, and Keflex.

Why Purchase the Report?
• To visualize the global refrigeration insulation materials market segmentation based on type, application, end-user and region, as well as understand key commercial assets and players.
• Identify commercial opportunities by analyzing trends and co-development.
• Excel data sheet with numerous refrigeration insulation materials market-level data points with all segments.
• PDF report consists of a comprehensive analysis after exhaustive qualitative interviews and an in-depth study.
• Product mapping available as Excel consisting of key products of all the major players.

The global refrigeration insulation materials market report would provide approximately 61 tables, 65 figures and 195 Pages.

Target Audience 2023
• Manufacturers/ Buyers
• Industry Investors/Investment Bankers
• Research Professionals
• Emerging Companies

1. Methodology and Scope: 1.1. Research Methodology; 1.2. Research Objective and Scope of the Report
2. Definition and Overview
3. Executive Summary: 3.1. Snippet by Type; 3.2. Snippet by Application; 3.3. Snippet by End-User; 3.4. Snippet by Region
4. Dynamics: 4.1. Impacting Factors; 4.1.1. Drivers; 4.1.1.1. Increasing demand for polyurethane in refrigeration industry as insulation material; 4.1.2. Restraints; 4.1.2.1. Rapid fluctuations in raw material prices; 4.1.3. Opportunity; 4.1.4. Impact Analysis
5. Industry Analysis: 5.1. Porter's Five Forces Analysis; 5.2. Supply Chain Analysis; 5.3. Pricing Analysis; 5.4. Regulatory Analysis
6. COVID-19 Analysis: 6.1. Analysis of COVID-19; 6.1.1. Before COVID-19 Scenario; 6.1.2. Present COVID-19 Scenario; 6.1.3. Post COVID-19 or Future Scenario; 6.2. Pricing Dynamics Amid COVID-19; 6.3. Demand-Supply Spectrum; 6.4. Government Initiatives Related to the Market During Pandemic; 6.5. Manufacturers Strategic Initiatives; 6.6. Conclusion
7. By Type: 7.1. Introduction; 7.1.1. Market Size Analysis and Y-o-Y Growth Analysis (%), By Type; 7.1.2. Market Attractiveness Index, By Type; 7.2. Elastomeric foam (NBR and EPDM)*; 7.2.1. Introduction; 7.2.2. Market Size Analysis and Y-o-Y Growth Analysis (%); 7.3. PU and PIR; 7.4. Polystyrene Foam (XPS and EPS); 7.5. Fiberglass; 7.6. Phenolic Foam; 7.7. Others
8. By Application: 8.1. Introduction; 8.1.1. Market Size Analysis and Y-o-Y Growth Analysis (%), By Application; 8.1.2. Market Attractiveness Index, By Application; 8.2. Commercial*; 8.2.1. Introduction; 8.2.2. Market Size Analysis and Y-o-Y Growth Analysis (%); 8.3. Industrial; 8.4. Cryogenic; 8.5. Refrigerated Transportation; 8.6. Others
9. By End-User: 9.1. Introduction; 9.1.1. Market Size Analysis and Y-o-Y Growth Analysis (%), By End-User; 9.1.2. Market Attractiveness Index, By End-User; 9.2. Industrial*; 9.2.1. Introduction; 9.2.2. Market Size Analysis and Y-o-Y Growth Analysis (%); 9.3. Food and Beverage; 9.4. Chemicals; 9.5. Pharmaceuticals; 9.6. Oil and Gas and Petrochemicals; 9.7. Others
10. By Region: 10.1. Introduction; 10.1.1. Market Size Analysis and Y-o-Y Growth Analysis (%), By Region; 10.1.2. Market Attractiveness Index, By Region; 10.2. North America; 10.2.1. Introduction; 10.2.2. Key Region-Specific Dynamics; 10.2.3. Market Size Analysis and Y-o-Y Growth Analysis (%), By Type; 10.2.4. Market Size Analysis and Y-o-Y Growth Analysis (%), By Application; 10.2.5. Market Size Analysis and Y-o-Y Growth Analysis (%), By End-User; 10.2.6. Market Size Analysis and Y-o-Y Growth Analysis (%), By Country; 10.2.6.1. The U.S.; 10.2.6.2. Canada; 10.2.6.3. Mexico; 10.3. Europe; 10.3.1. Introduction; 10.3.2. Key Region-Specific Dynamics; 10.3.3. Market Size Analysis and Y-o-Y Growth Analysis (%), By Type; 10.3.4. Market Size Analysis and Y-o-Y Growth Analysis (%), By Application; 10.3.5. Market Size Analysis and Y-o-Y Growth Analysis (%), By End-User; 10.3.5.1. Germany; 10.3.5.2. The U.K.; 10.3.5.3. France; 10.3.5.4. Italy; 10.3.5.5. Russia; 10.3.5.6. Rest of Europe; 10.4. South America; 10.4.1. Introduction; 10.4.2. Key Region-Specific Dynamics; 10.4.3. Market Size Analysis and Y-o-Y Growth Analysis (%), By Type; 10.4.4. Market Size Analysis and Y-o-Y Growth Analysis (%), By Application; 10.4.5. Market Size Analysis and Y-o-Y Growth Analysis (%), By End-User; 10.4.5.1. Brazil; 10.4.5.2. Argentina; 10.4.5.3. Rest of South America; 10.5. Asia-Pacific; 10.5.1. Introduction; 10.5.2. Key Region-Specific Dynamics; 10.5.3. Market Size Analysis and Y-o-Y Growth Analysis (%), By Type; 10.5.4. Market Size Analysis and Y-o-Y Growth Analysis (%), By Application; 10.5.5. Market Size Analysis and Y-o-Y Growth Analysis (%), By End-User; 10.5.5.1. China; 10.5.5.2. India; 10.5.5.3. Japan; 10.5.5.4. Australia; 10.5.5.5. Rest of Asia-Pacific; 10.6. Middle East and Africa; 10.6.1. Introduction; 10.6.2. Key Region-Specific Dynamics; 10.6.3. Market Size Analysis and Y-o-Y Growth Analysis (%), By Type; 10.6.4. Market Size Analysis and Y-o-Y Growth Analysis (%), By Application; 10.6.5. Market Size Analysis and Y-o-Y Growth Analysis (%), By End-User
11. Competitive Landscape: 11.1. Competitive Scenario; 11.2. Market Positioning/Share Analysis; 11.3. Mergers and Acquisitions Analysis
12. Company Profiles: 12.1. Armacell*; 12.1.1. Company Overview; 12.1.2. Product Portfolio and Description; 12.1.3. Financial Overview; 12.1.4. Key Developments; 12.2. Aspen Aerogel; 12.3. BASF SE; 12.4. Etex; 12.5. Isover; 12.6. Kingspan Group Plc; 12.7. Morgan Advanced Material; 12.8. Owens Corning; 12.9. Zetofoam; 12.10. Kflex; LIST NOT EXHAUSTIVE
13. Appendix: 13.1. About Us and Service; 13.2. Contact Us