Cold Insulation Market worth $4883.1 Million By 2018
DALLAS, July 15, 2013
DALLAS, July 15, 2013 /PRNewswire/ --
The report "Cold Insulation Market By Types (Fiber Glass, Polyurethane
Foam, Polystyrene Foam, Phenolic Foam & O thers) & Applications (HVAC,
Refr igeration, Oil & Gas, Chemicals & O thers) - Global Trends & Forecasts
to 2018" defines and segments the global cold insulation market with
analysis and forecasting of the global revenue. Cold insulation market will
grow to $4.8 billion by 2018, with a high CAGR from 2013 to 2018.
*102 Market Data Tables
*228 Pages and an in-depth Table of Content on "Cold Insulation Market"
Early buyers will receive 10% cus to mization on this report.
Cold insulation market is mainly driven by growing demand for natural and
industrial gases. The increased infrastructure requirements, demand for better
working conditions are the primary reasons, cold insulation materials are
experiencing huge surge in demand from existing and emerging applications.
North America, due to its huge appetite for advanced cold insulating materials
that offer better process control and enhance the efficiency of operations, is
the major growth engine for this market.
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The enormous potential of this market is attracting various small and big
level industry players. The cold insulation market is experiencing a boom
especially in China due to heavy spending on infrastructure and the
flourishing manufacturing industry. In countries like Nigeria, Kenya, and
South Africa, laws for energy efficiency are coming into existence, which
would increase the demand for cold insulation materials in Rest of the World.
On account of growing demand for efficient and environment friendly materials
that cause minimal damage to the surrounding, the market will experience an
escalation in the demand of cold insulation materials in the years to come.
Moreover, the demand in cryogenic gases, chemicals for various applications
bring the need for cryogenic insulation for the coming years.
The cold insulation industry players are constantly trying to modify their
product line with highly customized and advanced sustainable product lines to
remain competitive in the markets.
Some of the large players identified in the market are:
*Owens Corning (U.S.)
*Johns Manville (U.S.)
The report forecasts revenue of the global ColdInsulation Market and its
various submarkets with respect to four main regions viz. North America,
Europe, Asia-Pacific, and Rest of the World, which includes Middle East,
Africa, and Russia. The countries such as U.S., China, Canada, and Germany
were also analyzed.
The report segments the global cold insulation market by major applications
*Oil and Gas
In addition, various types of materials such as polyurethane/Polyisocyanurate
foam, Fiber glass, Phenolic foam, Polystyrene foam (EPS & XPS), and others are
analyzed. It also focuses on market metrics such as drivers, restraints,
opportunities, and winning imperatives.
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