Europe Refrigeration Insulation Materials Market Research Report Forecast to 2028

Europe Refrigeration Insulation Materials Market Research Report Forecast to 2028

Market Overview

The Europe refrigeration insulation materials market was valued at USD 1,614.65 million in 2020 and is expected to register a CAGR of 4.88% to reach USD 2,362.16 million by the end of 2028. In terms of volume, the market was pegged at 369.10 kilotons in 2020 and the demand is projected to reach 495.96 kilotons by the end of 2028. Insulation is a material or a blend of two or more materials that can be used to avoid heat loss or heat gain to save valuable energy. The material is available in any size or shapes for different applications. Refrigeration insulation materials lower refrigeration equipment operating costs. Insulation in an industrial refrigeration system helps to limit heat gains, ensuring that the compressor load does not become excessive. It connects the evaporator, accompanying vessels, compressor, and auxiliary equipment through piping. Insulation is also used to prevent condensation and ice formation, save energy, and prevent corrosion. As a result, refrigeration insulation materials are critical for effective cooling.

The key factor driving the growth of the Europe refrigeration insulation materials market is the growing demand from key end-users such as aerospace & defense, wind energy, and automotive industries. The demand for cryogenic applications and the growing demand for commercial refrigeration is driving the Europe refrigeration insulation materials market. Nevertheless, the robust demand for eco-friendly insulation material and new product launches from key manufacturers are likely to create extensive market growth opportunities.

Market Segmentation

The Europe refrigeration insulation materials market has been segmented by type, application, and region. Based on type, the market has been segmented into extruded polystyrene, cellular glass, polyisocyanurate (PIR), polyurethane (PU), elastomeric foam, and others

Based on end-use, the market has been segmented into aerospace & defense, automotive & transportation, electrical & electronics, building & construction, wind energy, and others.

Regional Analysis

The increase in demand for refrigeration insulation in Europe will be driven by measures for greenhouse gas emissions reduction, cost efficiency, expanding food & beverage industry, high demand from commercial refrigeration, and government regulations on energy-efficient buildings. Europe is the largest market for refrigeration material globally, followed by North America. The implementation of the revised EU legislation on insulation material is expected to boost the penetration of refrigeration insulation in the region and will increase the amount of insulation needed as per end-user requirements. Further, there are many companies and SMEs in Europe that manufacture and supply insulation materials. For example, the polyurethane insulation industry in Europe involves about 61,800 companies. The expanded polystyrene industry is most fragmented, with around 20 raw material producers and around 1000 converting companies.

Major Players

Kingspan Groups PLC (Ireland), Armacell International Holding Gmbh (Germany), JOHNS MANVILLE (US), L'ISOLANTE K-FLEX S.p.A (Italy), BASF SE(Germany), ETEX (Belgium), Knauf Insulation (US), Rockwool International (Denmark), Zotefoams Plc (United Kingdom), Huntsman Corporation (US), Owens Corning (US), Liebherr Group (Germany), and NMC International SA (Luxembourg) are the key players operating in the Europe refrigeration insulation material market.

COVID 19 Impacts

We are continuously tracking the impact of the COVID-19 pandemic on various industries and verticals within all domains. Our research reports include the same and help you understand the drop and rise, owing to the impact of COVID-19 on the industries. Also, we help you to identify the gap between the demand and supply of your interested market. Moreover, the report helps you with the analysis, amended government regulations, and many other useful insights.



Companies Mentioned

Kingspan Groups PLC (Ireland)
Armacell International Holding Gmbh (Germany)
JOHNS MANVILLE (US)
L'ISOLANTE K-FLEX S.p.A (Italy)
BASF SE(Germany)
ETEX (Belgium)
Knauf Insulation (US)
Rockwool International (Denmark)
Zotefoams Plc (United Kingdom)
Huntsman Corporation (US)
Owens Corning (US)
Liebherr Group (Germany)
and NMC International SA (Luxembourg)

Please note:The single user license is non-downloadable and non-printable. Global Site license allows these actions.


1 Executive Summary
1.1 Europe Refrigeration Insulation Materials Market, By Type
1.2 Europe Refrigeration Insulation Materials Market, By End-use
2 Market Introduction
2.1 Definition
2.2 Scope Of The Study
2.3 Market Structure
3 Research Methodology
3.1 Research Process
3.2 Primary Research
3.3 Secondary Research
3.4 Market Size Estimation
3.5 Forecast Model
3.6 List Of Assumptions
4 Market Dynamics
4.1 Introduction
4.2 Drivers
4.2.1 Increasing Demand For Cryogenic Applications
4.2.2 Growing Demand For Commercial Refrigeration
4.2.3 Drivers Impact Analysis
4.3 Restraints
4.3.1 Government Regulations On Insulation Materials
4.3.2 Restraints Impact Analysis
4.4 Opportunities
4.4.1 Growing Emphasis On Product Launches
4.4.2 Development Of Effective And Eco-friendly Materials
4.5 Challenges
4.5.1 Fluctuating Prices Of Raw Materials
5 Market Factor Analysis
5.1 Supply Chain Analysis
5.1.1 Raw Material Suppliers
5.1.1.1 Extruded Polystyrene
5.1.1.2 Cellular Glass
5.1.1.3 Polyisocyanurate
5.1.1.4 Polyurethane
5.1.1.5 Elastomeric Foam
5.1.2 Refrigeration Insulation Materials Producers
5.1.3 Distribution & Sales Channel
5.1.4 End Use Industry
5.2 Porter’s Five Forces Analysis
5.2.1 Threat Of New Entrants
5.2.2 Bargaining Power Of Suppliers
5.2.3 Threat Of Substitutes
5.2.4 Bargaining Power Of Buyers
5.2.5 Rivalry
5.3 Impact Of Covid 19 Outbreak On Europe Refrigeration Insulation Materials Market
5.3.1 Impact On Global Economy
5.3.2 Impact On Supply Chain Of Europe Refrigeration Insulation Materials
5.3.3 Qualitative Analysis On Changes In Demand From End Users
5.3.3.1 Food & Beverages
5.3.3.2 Pharmaceuticals
5.3.3.3 Chemicals
5.3.3.4 Oil & Gas
5.3.3.5 Hvac
5.3.3.6 Residential
5.4 Technology Overview
5.4.1 Developments & Trends
6 Europe Refrigeration Insulation Materials Market, By Type
6.1 Overview
6.1.1 Refrigeration Insulation Materials: Market Estimates & Forecast By Type, 2019–2028
6.1.2 Refrigeration Insulation Materials: Market Estimates & Forecast By Type, 2019–2028
6.2 Extruded Polystyrene
6.2.1 Extruded Polystyrene: Market Estimates & Forecast By Country,2019–2028
6.3 Cellular Glass
6.3.1 Cellular Glass: Market Estimates & Forecast By Country,2019–2028
6.4 Polyisocyanurate (Pir)
6.4.1 Polyisocyanurate (Pir): Market Estimates & Forecast By Country,2019–2028
6.5 Polyurethane (Pu)
6.5.1 Polyurethane (Pu): Market Estimates & Forecast By Country,2019–2028
6.6 Elastomeric Foam
6.6.1 Elastomeric Foam: Market Estimates & Forecast By Country,2019–2028
6.7 Others
6.7.1 Others: Market Estimates & Forecast By Country,2019–2028
7 Europe Refrigeration Insulation Materials Market, By End-user
7.1 Overview
7.1.1 Refrigeration Insulation Materials: Market Estimates & Forecast By End-user, 2019–2028
7.1.2 Refrigeration Insulation Materials: Market Estimates & Forecast By End-user, 2019–2028
7.2 Food & Beverages
7.2.1 Food & Beverages: Market Estimates & Forecast By Country,2019–2028
7.3 Pharmaceuticals
7.3.1 Pharmaceuticals: Market Estimates & Forecast By Country,2019–2028
7.4 Chemicals
7.4.1 Chemicals: Market Estimates & Forecast By Country,2019–2028
7.5 Oil & Gas
7.5.1 Oil & Gas: Market Estimates & Forecast By Country,2019–2028
7.6 Hvac
7.6.1 Hvac: Market Estimates & Forecast By Country,2019–2028
7.7 Others
7.7.1 Others: Market Estimates & Forecast By Country,2019–2028
8 Europe Refrigeration Insulation Materials Market, By Country
8.1 Overview
8.1.1 Germany
8.1.2 Uk
8.1.3 France
8.1.4 Spain
8.1.5 Italy
8.1.6 Russia
8.1.7 Poland
8.1.8 Benelux
8.1.9 Rest Of Europe
9 Competitive Landscape
9.1 Introduction
9.2 Market Strategy Analysis
9.3 Key Developments & Growth Strategies
9.4 Competitive Benchmarking
10 Company Profiles
10.1 Basf Se
10.1.1 Company Overview
10.1.2 Financial Overview
10.1.3 Products Offered
10.1.4 Key Developments
10.1.5 Swot Analysis
10.1.6 Key Strategies
10.2 Huntsman International Llc
10.2.1 Company Overview
10.2.2 Financial Overview
10.2.3 Products Offered
10.2.4 Key Developments
10.2.5 Swot Analysis
10.2.6 Key Strategies
10.3 Johns Manville
10.3.1 Company Overview
10.3.2 Financial Overview
10.3.3 Products Offered
10.3.4 Key Developments
10.3.5 Swot Analysis
10.3.6 Key Strategies
10.4 Etex Group Nv
10.4.1 Company Overview
10.4.2 Financial Overview
10.4.3 Products Offered
10.4.4 Key Developments
10.4.5 Swot Analysis
10.4.6 Key Strategies
10.5 Knauf Insulation
10.5.1 Company Overview
10.5.2 Financial Overview
10.5.3 Products Offered
10.5.4 Key Developments
10.5.5 Swot Analysis
10.5.6 Key Strategies
10.6 Kingspan Groups Plc
10.6.1 Company Overview
10.6.2 Financial Overview
10.6.3 Products Offered
10.6.4 Key Developments
10.6.5 Swot Analysis
10.6.6 Key Strategies
10.7 Armacell International Holding Gmbh
10.7.1 Company Overview
10.7.2 Financial Overview
10.7.3 Products Offered
10.7.4 Key Developments
10.7.5 Swot Analysis
10.7.6 Key Strategies
10.8 Rockwool International, Llc
10.8.1 Company Overview
10.8.2 Financial Overview
10.8.3 Products Offered
10.8.4 Key Development
10.8.5 Swot Analysis
10.8.6 Key Strategies
10.9 Zotefoams Plc
10.9.1 Company Overview
10.9.2 Financial Overview
10.9.3 Products Offered
10.9.4 Key Developments
10.9.5 Swot Analysis
10.9.6 Key Strategies
10.10 Liebherr Group
10.10.1 Company Overview
10.10.2 Financial Overview
10.10.3 Products Offered
10.10.4 Key Developments
10.10.5 Swot Analysis
10.10.6 Key Strategies
10.11 Owens Corning
10.11.1 Company Overview
10.11.2 Financial Overview
10.11.3 Products Offered
10.11.4 Key Developments
10.11.5 Swot Analysis
10.11.6 Key Strategies
10.12 Nmc International Sa
10.12.1 Company Overview
10.12.2 Financial Overview
10.12.3 Products Offered
10.12.4 Key Developments
10.12.5 Swot Analysis
10.12.6 Key Strategies
10.13 L’isolante K-flex S.P.A.
10.13.1 Company Overview
10.13.2 Financial Overview
10.13.3 Products Offered
10.13.4 Key Developments
10.13.5 Swot Analysis
10.13.6 Key Strategies
11 Appendix
11.1 References
11.2 Related Reports
List Of Tables
Table 1 List Of Assumptions
Table 2 Comparison Of Prices For A Variety Of Insulation Products
Table 3 Refrigeration Insulation Materials Market Estimates & Forecast, By Type, 2019–2028 (Usd Million)
Table 4 Refrigeration Insulation Materials Market Estimates & Forecast, By Type, 2019–2028 (Kilo Tons)
Table 5 Extruded Polystyrene Market Estimates & Forecast, By Country, 2019–2028 (Usd Million)
Table 6 Extruded Polystyrene Market Estimates & Forecast, By Country, 2019–2028 (Kilo Tons)
Table 7 Cellular Glass Market Estimates & Forecast, By Country, 2019–2028 (Usd Million)
Table 8 Cellular Glass Market Estimates & Forecast, By Country, 2019–2028 (Kilo Tons)
Table 9 Polyisocyanurate (Pir) Market Estimates & Forecast, By Country, 2019–2028 (Usd Million)
Table 10 Polyisocyanurate (Pir) Market Estimates & Forecast, By Country, 2019–2028 (Kilo Tons)
Table 11 Polyurethane (Pu) Market Estimates & Forecast, By Country, 2019–2028 (Usd Million)
Table 12 Polyurethane (Pu) Market Estimates & Forecast, By Country, 2019–2028 (Kilo Tons)
Table 13 Elastomeric Foam Market Estimates & Forecast, By Country, 2019–2028 (Usd Million)
Table 14 Elastomeric Foam Market Estimates & Forecast, By Country, 2019–2028 (Kilo Tons)
Table 15 Others Market Estimates & Forecast, By Country, 2019–2028 (Usd Million)
Table 16 Others Market Estimates & Forecast, By Country, 2019–2028 (Kilo Tons)
Table 17 Refrigeration Insulation Materials Market Estimates & Forecast, By End-user, 2019–2028 (Usd Million)
Table 18 Refrigeration Insulation Materials Market Estimates & Forecast, By End-user, 2019–2028 (Kilo Tons)
Table 19 Food & Beverages Market Estimates & Forecast, By Country, 2019–2028 (Usd Million)
Table 20 Food & Beverages Market Estimates & Forecast, By Country, 2019–2028 (Kilo Tons)
Table 21 Pharmaceuticals Market Estimates & Forecast, By Country, 2019–2028 (Usd Million)
Table 22 Pharmaceuticals Market Estimates & Forecast, By Country, 2019–2028 (Kilo Tons)
Table 23 Chemicals Market Estimates & Forecast, By Country, 2019–2028 (Usd Million)
Table 24 Chemicals Market Estimates & Forecast, By Country, 2019–2028 (Kilo Tons)
Table 25 Oil & Gas Market Estimates & Forecast, By Country, 2019–2028 (Usd Million)
Table 26 Oil & Gas Market Estimates & Forecast, By Country, 2019–2028 (Kilo Tons)
Table 27 Hvac Market Estimates & Forecast, By Country, 2019–2028 (Usd Million)
Table 28 Hvac Market Estimates & Forecast, By Country, 2019–2028 (Kilo Tons)
Table 29 Others Market Estimates & Forecast, By Country, 2019–2028 (Usd Million)
Table 30 Others Market Estimates & Forecast, By Country, 2019–2028 (Kilo Tons)
Table 31 Europe Refrigeration Insulation Materials Market, By Country, 2019–2028 (Usd Million)
Table 32 Europe Refrigeration Insulation Materials Market, By Country, 2019–2028 (Kilo Tons)
Table 33 Europe: Refrigeration Insulation Materials Market, By Type, 2019–2028 (Usd Million)
Table 34 Europe: Refrigeration Insulation Materials Market, By Type, 2019–2028 (Kilo Tons)
Table 35 Europe: Refrigeration Insulation Materials Market, By End-user, 2019–2028 (Usd Million)
Table 36 Europe: Refrigeration Insulation Materials Market, By End-user, 2019–2028 (Kilo Tons)
Table 37 Germany: Refrigeration Insulation Materials Market, Bytype, 2019–2028 (Usd Million)
Table 38 Germany: Refrigeration Insulation Materials Market, Bytype, 2019–2028 (Kilo Tons)
Table 39 Germany: Refrigeration Insulation Materials Market, By End-user, 2019–2028 (Usd Million)
Table 40 Germany: Refrigeration Insulation Materials Market, By End-user, 2019–2028 (Kilo Tons)
Table 41 Uk: Refrigeration Insulation Materials Market, Bytype, 2019–2028 (Usd Million)
Table 42 Uk: Refrigeration Insulation Materials Market, Bytype, 2019–2028 (Kilo Tons)
Table 43 Uk: Refrigeration Insulation Materials Market, By End-user, 2019–2028 (Usd Million)
Table 44 Uk: Refrigeration Insulation Materials Market, By End-user, 2019–2028 (Kilo Tons)
Table 45 France: Refrigeration Insulation Materials Market, Bytype, 2019–2028 (Usd Million)
Table 46 France: Refrigeration Insulation Materials Market, Bytype, 2019–2028 (Kilo Tons)
Table 47 France: Refrigeration Insulation Materials Market, By End-user, 2019–2028 (Usd Million)
Table 48 France: Refrigeration Insulation Materials Market, By End-user, 2019–2028 (Kilo Tons)
Table 49 Spain: Refrigeration Insulation Materials Market, Bytype, 2019–2028 (Usd Million)
Table 50 Spain: Refrigeration Insulation Materials Market, Bytype, 2019–2028 (Kilo Tons)
Table 51 Spain: Refrigeration Insulation Materials Market, By End-user, 2019–2028 (Usd Million)
Table 52 Spain: Refrigeration Insulation Materials Market, By End-user, 2019–2028 (Kilo Tons)
Table 53 Italy: Refrigeration Insulation Materials Market, Bytype, 2019–2028 (Usd Million)
Table 54 Italy: Refrigeration Insulation Materials Market, Bytype, 2019–2028 (Kilo Tons)
Table 55 Italy: Refrigeration Insulation Materials Market, By End-user, 2019–2028 (Usd Million)
Table 56 Italy: Refrigeration Insulation Materials Market, By End-user, 2019–2028 (Kilo Tons)
Table 57 Russia: Refrigeration Insulation Materials Market, Bytype, 2019–2028 (Usd Million)
Table 58 Russia: Refrigeration Insulation Materials Market, Bytype, 2019–2028 (Kilo Tons)
Table 59 Russia: Refrigeration Insulation Materials Market, By End-user, 2019–2028 (Usd Million)
Table 60 Russia: Refrigeration Insulation Materials Market, By End-user, 2019–2028 (Kilo Tons)
Table 61 Poland: Refrigeration Insulation Materials Market, Bytype, 2019–2028 (Usd Million)
Table 62 Poland: Refrigeration Insulation Materials Market, Bytype, 2019–2028 (Kilo Tons)
Table 63 Poland: Refrigeration Insulation Materials Market, By End-user, 2019–2028 (Usd Million)
Table 64 Poland: Refrigeration Insulation Materials Market, By End-user, 2019–2028 (Kilo Tons)
Table 65 Benelux: Refrigeration Insulation Materials Market, Bytype, 2019–2028 (Usd Million)
Table 66 Benelux: Refrigeration Insulation Materials Market, Bytype, 2019–2028 (Kilo Tons)
Table 67 Benelux: Refrigeration Insulation Materials Market, By End-user, 2019–2028 (Usd Million)
Table 68 Benelux: Refrigeration Insulation Materials Market, By End-user, 2019–2028 (Kilo Tons)
Table 69 Rest Of Europe: Refrigeration Insulation Materials Market, Bytype, 2019–2028 (Usd Million)
Table 70 Rest Of Europe: Refrigeration Insulation Materials Market, Bytype, 2019–2028 (Kilo Tons)
Table 71 Rest Of Europe: Refrigeration Insulation Materials Market, By End-user, 2019–2028 (Usd Million)
Table 72 Rest Of Europe: Refrigeration Insulation Materials Market, By End-user, 2019–2028 (Kilo Tons)
Table 73 Key Developments & Growth Strategies
Table 74 Basf Se: Products Offered
Table 75 Basf Se: Key Developments
Table 76 Huntsman International Llc: Products Offered
Table 77 Huntsman International Llc: Key Developments
Table 78 Johns Manville: Products Offered
Table 79 Johns Manville: Key Developments
Table 80 Etex Group: Products Offered
Table 81 Knauf Insulation: Products Offered
Table 82 Knauf Insulation: Key Developments
Table 83 Kingspan Groups Plc: Products Offered
Table 84 Kingspan Groups Plc: Key Developments
Table 85 Armacell International Holding Gmbhs: Products Offered
Table 86 Armacell International Holding Gmbh: Key Developments
Table 87 Rockwool International, Llc: Products Offered
Table 88 Zotefoams Plc: Products Offered
Table 89 Zotefoams Plc: Key Developments
Table 90 Liebherr Group: Products Offered
Table 91 Owens Corning: Products Offered
Table 92 Owens Corning: Key Developments
Table 93 Nmc International Sa: Products Offered
Table 94 L’isolante K-flex S.P.A.: Products Offered
List Of Figures
Figure 1 Market Synopsis
Figure 2 Europe Refrigeration Insulation Materials Market Analysis, By Type
Figure 3 Europe Refrigeration Insulation Materials Market Analysis, By End-use
Figure 4 Europe Refrigeration Insulation Materials Market: Structure
Figure 5 Research Process
Figure 6 Top-down & Bottom-up Approaches
Figure 7 Market Dynamics Of Europe Refrigeration Insulation Materials Market
Figure 8 Europe Lng-fuelled Trucks (2020)
Figure 9 Energy Consumption By Cooling In The Tertiary Sector, By Equipment
Figure 10 Drivers Impact Analysis: Europe Refrigeration Insulation Materials Market
Figure 11 Restraints Impact Analysis: Europe Refrigeration Insulation Materials Market
Figure 12 Crude Oil Price Fluctuations, Wti
Figure 13 Supply Chain Analysis For Europe Refrigeration Insulation Materials Market
Figure 14 Porter's Five Forces Analysis Of The Europe Refrigeration Insulation Materials Market
Figure 15 Europe Refrigeration Insulation Materials Market, By Type, 2020 (% Share)
Figure 16 Europe Refrigeration Insulation Materials Market, By Type, 2019 To 2028 (Usd Million)
Figure 17 Europe Refrigeration Insulation Materials Market, By Type, 2019 To 2028 (Kilo Tons)
Figure 18 Europe Refrigeration Insulation Materials Market, By End-user, 2020 (% Share)
Figure 19 Europe Refrigeration Insulation Materials Market, By End-user, 2019 To 2028 (Usd Million)
Figure 20 Europe Refrigeration Insulation Materials Market, By End-user, 2019 To 2028 (Kilo Tons)
Figure 21 Europe Refrigeration Insulation Materials Market, By Country, 2020 (% Share)
Figure 22 Europe Refrigeration Insulation Materials Market, By Country, 2019–2028 (Usd Million)
Figure 23 Europe Refrigeration Insulation Materials Market, By Country, 2019–2028 (Kilo Tons)
Figure 24 Market Strategy Analysis
Figure 25 Competitive Benchmarking
Figure 26 Basf Se: Financial Overview Snapshot
Figure 27 Basf Se: Swot Analysis
Figure 28 Huntsman International Llc: Financial Overview Snapshot
Figure 29 Huntsman International Llc: Swot Analysis
Figure 30 Johns Manville: Financial Overview Snapshot
Figure 31 Johns Manville: Swot Analysis
Figure 32 Etex Group: Financial Overview Snapshot
Figure 33 Etex Group: Swot Analysis
Figure 34 Knauf Insulation: Swot Analysis
Figure 35 Kingspan Groups Plc: Financial Overview Snapshot
Figure 36 Kingspan Groups Plc: Swot Analysis
Figure 37 Armacell International Holding Gmbh: Financial Overview Snapshot
Figure 38 Armacell International Holding Gmbhs: Swot Analysis
Figure 39 Rockwool International: Financial Overview Snapshot
Figure 40 Rockwool International, Llc: Swot Analysis
Figure 41 Zotefoams Plc: Financial Overview Snapshot
Figure 42 Zotefoams Plc: Swot Analysis
Figure 43 Liebherr Group: Financial Overview Snapshot
Figure 44 Liebherr Group: Swot Analysis
Figure 45 Owens Corning: Financial Overview Snapshot
Figure 46 Owens Corning: Swot Analysis
Figure 47 Nmc International Sa: Swot Analysis
Figure 48 L’isolante K-flex S.P.A.: Swot Analysis

Download our eBook: How to Succeed Using Market Research

Learn how to effectively navigate the market research process to help guide your organization on the journey to success.

Download eBook
Cookie Settings