Europe Refrigeration Insulation Materials Market 2023

Europe Refrigeration Insulation Materials Market 2023

Description
According to the latest estimates, the refrigeration insulation materials market in Europe is set to achieve an incremental growth of USD 0.4 billion, accelerating at a CAGR of almost 3.8% during the forecast period 2023-2029. Refrigeration insulation materials are used to provide thermal insulation in refrigeration systems. These materials help to reduce heat transfer and maintain low temperatures inside refrigerated environments. The growth of the commercial and industrial sectors, including food processing, pharmaceuticals, and cold chain logistics, has increased the demand for refrigeration systems and, consequently, refrigeration insulation materials. These sectors rely on refrigeration to store and transport temperature-sensitive products.

The report covers market size and growth, segmentation, country breakdowns, competitive landscape, trends and strategies for refrigeration insulation materials market in Europe. It presents a quantitative analysis of the market to enable stakeholders to capitalize on the prevailing market opportunities. The report also identifies top segments for opportunities and strategies based on market trends and leading competitors’ approaches.

Market Segmentation
Product: cellular glass, elastomeric foam, extruded polystyrene (XPS), polyisocyanurate (PIR), polyurethane (PU), others
End user: chemicals, food and beverages, HVAC, oil and gas, pharmaceuticals, others
Country: Germany, UK, France, Spain, Italy, Russia, Poland, Benelux, Rest of Europe

This industry report offers market estimates and forecasts of the Europe market, followed by a detailed analysis of the product, end user, and country. The Europe market for refrigeration insulation materials can be segmented by product: cellular glass, elastomeric foam, extruded polystyrene (XPS), polyisocyanurate (PIR), polyurethane (PU), others. According to the research, the PU segment had the largest share in the refrigeration insulation materials market in Europe. Refrigeration insulation materials market is further segmented by end user: chemicals, food and beverages, HVAC, oil and gas, pharmaceuticals, others. In 2022, the food and beverages segment made up the largest share of revenue generated by the refrigeration insulation materials market. Based on country, the refrigeration insulation materials market is segmented into: Germany, UK, France, Spain, Italy, Russia, Poland, Benelux, Rest of Europe. Among these, Germany was accounted for the highest revenue generator in 2022.

Major Companies and Competitive Landscape
The report also provides analysis of the key companies of the industry and their detailed company profiles including BASF SE, Etex NV, Huntsman Corporation, Johns Manville Corporation, Kingspan Groups plc, Knauf Insulation Ltd., Liebherr-International AG, L'ISOLANTE K-FLEX S.p.A., NMC International SA, Owens Corning, Rockwool A/S, Zotefoams plc, among others. In this report, key players and their strategies are thoroughly analyzed to understand the competitive outlook of the market.

Scope of the Report
To analyze and forecast the market size of the refrigeration insulation materials market in Europe.
To classify and forecast the refrigeration insulation materials market in Europe based on product, end user, country.
To identify drivers and challenges for the refrigeration insulation materials market in Europe.
To examine competitive developments such as mergers & acquisitions, agreements, collaborations and partnerships, etc., in the refrigeration insulation materials market in Europe.
To identify and analyze the profile of leading players operating in the refrigeration insulation materials market in Europe.

Why Choose This Report
Gain a reliable outlook of the refrigeration insulation materials market in Europe forecasts from 2023 to 2029 across scenarios.
Identify growth segments for investment.
Stay ahead of competitors through company profiles and market data.
The market estimate for ease of analysis across scenarios in Excel format.
Strategy consulting and research support for three months.
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