Cold Insulation Material Market
Cold Insulation Material Market Study by Fiber Glass, Polyurethane Foam, Polystyrene Foam, and Phenolic Foam for HVAC, Chemicals, Oil & Gas, and Refrigeration from 2024 to 2034
Analysis of Cold Insulation Material Market Covering 30+ Countries Including Analysis of US, Canada, UK, Germany, France, Nordics, GCC countries, Japan, Korea and many more
Cold Insulation Material Market Outlook (2024 to 2034)
Global revenue from the sales of cold insulation materials is estimated at US$ 7.5 billion in 2024. A new study by Fact.MR has projected the market to increase at a CAGR of 6.1% to reach a value of US$ 13.6 billion by the end of 2034.
The process of creating a material, or a combination of two or more materials, for use in preventing heat gain or loss to preserve energy, is known as cold insulation. Cold insulation materials prevent heat transfer in environments where temperatures are low. By reducing thermal energy transfer, these insulating materials contribute to the preservation of a stable, regulated cold environment. Fiberglass, polystyrene, polyurethane foam, and different kinds of cold room panels are some of the few examples of cold insulation materials made especially for refrigeration systems and cold storage insulation facilities.
Insulation materials have the power to shield the environment from greenhouse gases. Also, condensation or cold conservation is met by using cold insulation techniques. These are used in many different applications, such as process control, to prevent surface condensation, to maintain low temperatures, and to maintain refrigeration. These materials are being used in a multitude of fields, including refrigeration, oil & gas, and chemicals.
Key Market Growth Drivers
- It is projected that growing demand for air conditioning tools and refrigeration equipment in markets such as China and India will drive up demand for cold insulation materials such as fiberglass, polystyrene foams, phenolic foams, and polyurethane foams.
- Cryogenic insulation materials are expected to exhibit higher demand due to the increasing need for cryogenic equipment in the oil & gas industry, which is expected to push global cold insulation material market growth.
- Controlling room temperature frequently results in high cooling expenses. Cool room panel integration, however, can reduce this load. These panels help stabilize the environment in addition to providing improved control over interior temperature while consuming less energy.
- Energy costs are a major problem for many industries. Controlling room temperature results in high cooling expenses. Cool room panel integration is a key cold insulation material market trend being witnessed in this space.
- Cold insulation materials function as a heat-flow barrier to prevent wicking in the system in which they are installed. These are used in different applications to prevent surface condensation, keep temperatures low for process control, and preserve refrigeration.
| Report Attributes | Details |
|---|---|
| Cold Insulation Material Market Size (2024E) | US$ 7.5 Billion |
| Forecasted Market Value (2034F) | US$ 13.6 Billion |
| Global Market Growth Rate (2024 to 2034) | 6.1% CAGR |
| East Asia Market Share (2024E) | 26.7% |
| North America Market Share (2024E) | 18.4% |
| Sales from Fibrous Type (2024E) | US$ 3.2 Billion |
| Key Companies Profiled |
Evonik Industries AG; Fletcher Insulation Group; Kingspan Group PLC; Johns Manville Corporation; The Dow Chemical Company; Owens Corning; Knauf Insulation Inc.; Evonik Industries AG. |
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What are Opportunities Ahead for Manufacturers of Cold Insulation Materials?
“Commercial and Industrial Construction Projects Driving Demand for Cold Insulation Materials”
Increasing use of technology to improve product efficiency and quality is a key development in the cold insulation material market. Cutting-edge technologies such as blockchain, machine learning, and artificial intelligence are being used to develop novel products that outperform traditional options in terms of efficacy and efficiency.
Significant infrastructural investments, particularly in commercial and industrial construction projects, are contributing factors to the rising need for cold insulation materials. Expanding industrial landscape across regions and growing awareness of the long-term advantages of effective insulation are key factors pushing use of effective cold insulation materials.
What are the Challenges Cold Insulation Material Companies Face?
“Strict Environment Regulations Limiting Use of Specific Insulation Materials”
High initial cost of advanced insulation materials are a major barrier to the growth of the market for cold insulation materials. Although these materials have better thermal performance and energy efficiency, some end users avoid the use of these materials due to their high initial costs. The upfront cost associated with installing high-performance cold insulation materials is prohibitive, especially for smaller businesses or projects with limited funding.
The market for cold insulation materials is also facing challenges from rising environmental awareness and strict laws about the use of specific insulation materials. Certain conventional insulation materials, such as specific foams and chemical compounds, are also causing environmental problems because of their effect on greenhouse gas emissions or air quality.
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Country-wise Insights
North America is a significant market for cutting-edge materials, which are widely used to improve operational efficiency and give end users greater control over all of their processes. Growing number of manufacturers of cold insulation material perceive the United States as offering lucrative opportunities. North America is now recognized as a hub for cold insulation materials, accounting for 18.4% of the global market share in 2024.
What is Driving Sales of Cold Insulation Materials in the United States?
“Government Programs to Increase Energy Efficiency of Public Infrastructure”
| Attribute | United States |
|---|---|
| Market Value (2024E) | US$ 1 Million |
| Growth Rate (2024 to 2034) | 6% CAGR |
| Projected Value (2034F) | US$ 1.7 Million |
Increasing demand for innovative materials in cold insulation due to the environmental impact of various industrial activities in the United States is one of the key factors that will keep opening up new opportunities for market participants in this sector. The market in the country is predicted to be driven by government initiatives to improve the energy efficiency of public infrastructure. Abundance of thermal insulation material producers in the country is expected to support market expansion as well. Growing demand for cold insulation materials for use in air conditioning and refrigeration systems will increase the cold insulation material market size over the coming years.
Why is the Market for Cold Insulation Materials Rising Rapidly in China?
“China Key Manufacturer and Exporter of Cold Insulation Products”
| Attribute | China |
|---|---|
| Market Value (2024E) | US$ 1.2 Billion |
| Growth Rate (2024 to 2034) | 6.7% CAGR |
| Projected Value (2034F) | US$ 2.3 Billion |
China is estimated to occupy 58.8% share of the East Asian market in 2024. China is one of the leading manufacturers and exporters of materials used for cold insulation purposes. The market in China is growing at a brisk pace along with end-use sectors that are also growing at a significant rate, such as building and construction, oil & gas, and others. Production of cold insulation materials is set increase due to the rise of domestic manufacturers in the country.
Category-wise Insights
One of the key classification criteria is material, which includes various types of insulation. Fiberglass is used in HVAC systems and industrial environments because of its valued thermal and acoustic insulation qualities. Space-efficient design of polyurethane foam makes it indispensable for cold storage and refrigerated transportation. Polystyrene foam, which comes in expanded and extruded forms, is essential for pipeline insulation and cold storage building. Due to its remarkable fire resistance property, phenolic foam meets the high-temperature requirements in industries such as petrochemicals.
Why Do Fibrous Insulators Account for a Significant Cold Insulation Material Market Share?
“Fibrous Materials Trap Air Pockets to Minimize Heat Transfer and Provide Effective Insulation against Low Temperatures”
| Attribute | Fibrous |
|---|---|
| Segment Value (2024E) | US$ 3.2 Billion |
| Growth Rate (2024 to 2034) | 6.3% CAGR |
| Projected Value (2034F) | US$ 5.9 Billion |
The fibrous segment is expected to exhibit significant growth over the projected period and currently accounts for 42.8% market share of cold insulation materials. The market is being driven by fibrous insulation types such as mineral wool and fiberglass because of their exceptional thermal resistance, flexibility, and adaptability to a wide range of applications.
Tight networks of fibers formed by fibrous materials trap air pockets, thereby minimizing heat transfer and offering effective insulation against low temperatures. Fibrous insulation provides flexibility and makes it simple to install around complex shapes, such as pipes and equipment, and guarantees a continuous, seamless barrier against heat conductivity.
Will High Demand for Cold Insulation Materials Continue in the Oil & Gas Industry?
“Cold Insulation Materials Used as Medium to Carry Liquefied Natural Gas”
Due to the growing use of cryogenic insulation equipment in a variety of industrial applications, the oil and gas sector globally is a significant consumer of cold insulation materials. In cryogenic operations, end users in the oil and gas industry are adopting more effective cold insulation materials as they need to maintain low temperatures with minimal energy loss. This is arguably one of the key elements that will have a positive impact on global market expansion for cold insulation.
In pipelines and barrels used for LNG transportation, cold insulation products are widely used. The transportation medium for liquefied natural gas (LNG) and cryogenic gas also requires the lining of pipelines and barrels to be made of cold insulation materials to maintain the necessary temperature.
Know thy Competitors
Competitive landscape highlights only certain players
Complete list available upon request
Competitive Landscape
Key players in the cold insulation material market are Evonik Industries AG, Fletcher Insulation Group, Kingspan Group PLC, Johns Manville Corporation, The Dow Chemical Company, Owens Corning, Knauf Insulation Inc. and Evonik Industries AG.
- On June 8, 2022, Owens Corning and Pultron Composites agreed to work as a joint venture for the production of fiberglass rebars.
- Toyota Boshoku America, Inc. (TBA), a prominent manufacturers of cold insulation for vehicles, announced that it had signed a 12-year agreement to purchase a part of the renewable energy certificates (RECs) generated from the recently completed Texas Solar Nova 1 solar farm located in Kent County, Texas.
Segmentation of Cold Insulation Material Market Research
-
By Material :
- Fiberglass
- Polyurethane Foam
- Polystyrene Foam
- Phenolic Foam
-
By Insulation Type :
- Fibrous
- Cellular
- Granular
-
By Application :
- HVAC
- Chemicals
- Oil & Gas
- Refrigeration
-
By Region :
- North America
- Western Europe
- Eastern Europe
- Latin America
- East Asia
- South Asia & Pacific
- Middle East & Africa
Table of Content
- 1. Executive Summary
- 2. Industry Introduction, including Taxonomy and Market Definition
- 3. Market Trends and Success Factors, including Macro-economic Factors, Market Dynamics, and Recent Industry Developments
- 4. Global Market Demand Analysis 2019 to 2023 and Forecast 2024 to 2034
- 4.1. Historical Analysis
- 4.2. Future Projections
- 5. Pricing Analysis
- 6. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034
- 6.1. Application
- 6.2. Material
- 6.3. Insulation Type
- 7. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, by Application
- 7.1. HVAC
- 7.2. Chemicals
- 7.3. Oil & Gas
- 7.4. Refrigeration
- 8. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, by Material
- 8.1. Fiberglass
- 8.2. Polyurethane Foam
- 8.3. Polystyrene Foam
- 8.4. Phenolic Foam
- 9. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, by Insulation Type
- 9.1. Fibrous
- 9.2. Cellular
- 9.3. Granular
- 10. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, by Region
- 10.1. North America
- 10.2. Latin America
- 10.3. Western Europe
- 10.4. Eastern Europe
- 10.5. East Asia
- 10.6. South Asia & Pacific
- 10.7. Middle East & Africa
- 11. North America Sales Analysis 2019 to 2023 and Forecast 2024 to 2034, by Key Segments and Countries
- 12. Latin America Sales Analysis 2019 to 2023 and Forecast 2024 to 2034, by Key Segments and Countries
- 13. Western Europe Sales Analysis 2019 to 2023 and Forecast 2024 to 2034, by Key Segments and Countries
- 14. Eastern Europe Sales Analysis 2019 to 2023 and Forecast 2024 to 2034, by Key Segments and Countries
- 15. East Asia Sales Analysis 2019 to 2023 and Forecast 2024 to 2034, by Key Segments and Countries
- 16. South Asia & Pacific Sales Analysis 2019 to 2023 and Forecast 2024 to 2034, by Key Segments and Countries
- 17. Middle East & Africa Sales Analysis 2019 to 2023 and Forecast 2024 to 2034, by Key Segments and Countries
- 18. Sales Forecast 2024 to 2034 by Application, Material, Insulation Type, and Region for 30 Countries
- 19. Competition Outlook, including Market Structure Analysis, Company Share Analysis by Key Players, and Competition Dashboard
- 20. Company Profile
- 20.1. Evonik Industries AG
- 20.2. Fletcher Insulation Group
- 20.3. Kingspan Group PLC
- 20.4. Johns Manville Corporation
- 20.5. The Dow Chemical Company
- 20.6. Owens Corning
- 20.7. Knauf Insulation Inc.
- 20.8. Evonik Industries AG
- 21. Assumptions and Acronyms Used
- 22. Research Methodology
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List Of Table
Table 01: Global Market Value (US$ Mn) Analysis, by Application, 2019 to 2023
Table 02: Global Market Value (US$ Mn) Analysis, by Application, 2024 to 2034
Table 03: Global Market Value (US$ Mn) Opportunity Analysis, by Application, 2024 to 2034
Table 04: Global Market Value (US$ Mn) Analysis, by Material, 2019 to 2023
Table 05: Global Market Value (US$ Mn) Analysis, by Material, 2024 to 2034
Table 06: Global Market Value (US$ Mn) Opportunity Analysis, by Material, 2024 to 2034
Table 07: Global Market Value (US$ Mn) Analysis, by Insulation Type, 2019 to 2023
Table 08: Global Market Value (US$ Mn) Analysis, by Insulation Type, 2024 to 2034
Table 09: Global Market Value (US$ Mn) Opportunity Analysis, by Insulation Type, 2024 to 2034
Table 10: Global Market Value (US$ Mn) Analysis, by Region, 2019 to 2023
Table 11: Global Market Value (US$ Mn) Analysis, by Region, 2024 to 2034
Table 12: Global Market Value (US$ Mn) Opportunity Analysis, by Region, 2024 to 2034
Table 13: North America Market Value (US$ Mn) Analysis, by Country, 2019 to 2023
Table 14: North America Market Value (US$ Mn) Analysis, by Country, 2024 to 2034
Table 15: North America Market Value (US$ Mn) Opportunity Analysis, by Country, 2024 to 2034
Table 16: North America Market Value (US$ Mn) Analysis, by Application, 2019 to 2023
Table 17: North America Market Value (US$ Mn) Analysis, by Application, 2024 to 2034
Table 18: North America Market Value (US$ Mn) Opportunity Analysis, by Application, 2024 to 2034
Table 19: North America Market Value (US$ Mn) Analysis, by Material, 2019 to 2023
Table 20: North America Market Value (US$ Mn) Analysis, by Material, 2024 to 2034
Table 21: North America Market Value (US$ Mn) Opportunity Analysis, by Material, 2024 to 2034
Table 22: North America Market Value (US$ Mn) Analysis, by Insulation Type, 2019 to 2023
Table 23: North America Market Value (US$ Mn) Analysis, by Insulation Type, 2024 to 2034
Table 24: North America Market Value (US$ Mn) Opportunity Analysis, by Insulation Type, 2024 to 2034
Table 25: Latin America Market Value (US$ Mn) Analysis, by Country, 2019 to 2023
Table 26: Latin America Market Value (US$ Mn) Analysis, by Country, 2024 to 2034
Table 27: Latin America Market Value (US$ Mn) Opportunity Analysis, by Country, 2024 to 2034
Table 28: Latin America Market Value (US$ Mn) Analysis, by Application, 2019 to 2023
Table 29: Latin America Market Value (US$ Mn) Analysis, by Application, 2024 to 2034
Table 30: Latin America Market Value (US$ Mn) Opportunity Analysis, by Application, 2024 to 2034
Table 31: Latin America Market Value (US$ Mn) Analysis, by Material, 2019 to 2023
Table 32: Latin America Market Value (US$ Mn) Analysis, by Material, 2024 to 2034
Table 33: Latin America Market Value (US$ Mn) Opportunity Analysis, by Material, 2024 to 2034
Table 34: Latin America Market Value (US$ Mn) Analysis, by Insulation Type, 2019 to 2023
Table 35: Latin America Market Value (US$ Mn) Analysis, by Insulation Type, 2024 to 2034
Table 36: Latin America Market Value (US$ Mn) Opportunity Analysis, by Insulation Type, 2024 to 2034
Table 37: Western Europe Market Value (US$ Mn) Analysis, by Country, 2019 to 2023
Table 38: Western Europe Market Value (US$ Mn) Analysis, by Country, 2024 to 2034
Table 39: Western Europe Market Value (US$ Mn) Opportunity Analysis, by Country, 2024 to 2034
Table 40: Western Europe Market Value (US$ Mn) Analysis, by Application, 2019 to 2023
Table 41: Western Europe Market Value (US$ Mn) Analysis, by Application, 2024 to 2034
Table 42: Western Europe Market Value (US$ Mn) Opportunity Analysis, by Application, 2024 to 2034
Table 43: Western Europe Market Value (US$ Mn) Analysis, by Material, 2019 to 2023
Table 44: Western Europe Market Value (US$ Mn) Analysis, by Material, 2024 to 2034
Table 45: Western Europe Market Value (US$ Mn) Opportunity Analysis, by Material, 2024 to 2034
Table 46: Western Europe Market Value (US$ Mn) Analysis, by Insulation Type, 2019 to 2023
Table 47: Western Europe Market Value (US$ Mn) Analysis, by Insulation Type, 2024 to 2034
Table 48: Western Europe Market Value (US$ Mn) Opportunity Analysis, by Insulation Type, 2024 to 2034
Table 49: Eastern Europe Market Value (US$ Mn) Analysis, by Country, 2019 to 2023
Table 50: Eastern Europe Market Value (US$ Mn) Analysis, by Country, 2024 to 2034
Table 51: Eastern Europe Market Value (US$ Mn) Opportunity Analysis, by Country, 2024 to 2034
Table 52: Eastern Europe Market Value (US$ Mn) Analysis, by Application, 2019 to 2023
Table 53: Eastern Europe Market Value (US$ Mn) Analysis, by Application, 2024 to 2034
Table 54: Eastern Europe Market Value (US$ Mn) Opportunity Analysis, by Application, 2024 to 2034
Table 55: Eastern Europe Market Value (US$ Mn) Analysis, by Material, 2019 to 2023
Table 56: Eastern Europe Market Value (US$ Mn) Analysis, by Material, 2024 to 2034
Table 57: Eastern Europe Market Value (US$ Mn) Opportunity Analysis, by Material, 2024 to 2034
Table 58: Eastern Europe Market Value (US$ Mn) Analysis, by Insulation Type, 2019 to 2023
Table 59: Eastern Europe Market Value (US$ Mn) Analysis, by Insulation Type, 2024 to 2034
Table 60: Eastern Europe Market Value (US$ Mn) Opportunity Analysis, by Insulation Type, 2024 to 2034
Table 61: East Asia Market Value (US$ Mn) Analysis, by Country, 2019 to 2023
Table 62: East Asia Market Value (US$ Mn) Analysis, by Country, 2024 to 2034
Table 63: East Asia Market Value (US$ Mn) Opportunity Analysis, by Country, 2024 to 2034
Table 64: East Asia Market Value (US$ Mn) Analysis, by Application, 2019 to 2023
Table 65: East Asia Market Value (US$ Mn) Analysis, by Application, 2024 to 2034
Table 66: East Asia Market Value (US$ Mn) Opportunity Analysis, by Application, 2024 to 2034
Table 67: East Asia Market Value (US$ Mn) Analysis, by Material, 2019 to 2023
Table 68: East Asia Market Value (US$ Mn) Analysis, by Material, 2024 to 2034
Table 69: East Asia Market Value (US$ Mn) Opportunity Analysis, by Material, 2024 to 2034
Table 70: East Asia Market Value (US$ Mn) Analysis, by Insulation Type, 2019 to 2023
Table 71: East Asia Market Value (US$ Mn) Analysis, by Insulation Type, 2024 to 2034
Table 72: East Asia Market Value (US$ Mn) Opportunity Analysis, by Insulation Type, 2024 to 2034
Table 73: South Asia & Pacific Market Value (US$ Mn) Analysis, by Country, 2019 to 2023
Table 74: South Asia & Pacific Market Value (US$ Mn) Analysis, by Country, 2024 to 2034
Table 75: South Asia & Pacific Market Value (US$ Mn) Opportunity Analysis, by Country, 2024 to 2034
Table 76: South Asia & Pacific Market Value (US$ Mn) Analysis, by Application, 2019 to 2023
Table 77: South Asia & Pacific Market Value (US$ Mn) Analysis, by Application, 2024 to 2034
Table 78: South Asia & Pacific Market Value (US$ Mn) Opportunity Analysis, by Application, 2024 to 2034
Table 79: South Asia & Pacific Market Value (US$ Mn) Analysis, by Material, 2019 to 2023
Table 80: South Asia & Pacific Market Value (US$ Mn) Analysis, by Material, 2024 to 2034
Table 81: South Asia & Pacific Market Value (US$ Mn) Opportunity Analysis, by Material, 2024 to 2034
Table 82: South Asia & Pacific Market Value (US$ Mn) Analysis, by Insulation Type, 2019 to 2023
Table 83: South Asia & Pacific Market Value (US$ Mn) Analysis, by Insulation Type, 2024 to 2034
Table 84: South Asia & Pacific Market Value (US$ Mn) Opportunity Analysis, by Insulation Type, 2024 to 2034
Table 85: MEA Market Value (US$ Mn) Analysis, by Country, 2019 to 2023
Table 86: MEA Market Value (US$ Mn) Analysis, by Country, 2024 to 2034
Table 87: MEA Market Value (US$ Mn) Opportunity Analysis, by Country, 2024 to 2034
Table 88: MEA Market Value (US$ Mn) Analysis, by Application, 2019 to 2023
Table 89: MEA Market Value (US$ Mn) Analysis, by Application, 2024 to 2034
Table 90: MEA Market Value (US$ Mn) Opportunity Analysis, by Application, 2024 to 2034
Table 91: MEA Market Value (US$ Mn) Analysis, by Material, 2019 to 2023
Table 92: MEA Market Value (US$ Mn) Analysis, by Material, 2024 to 2034
Table 93: MEA Market Value (US$ Mn) Opportunity Analysis, by Material, 2024 to 2034
Table 94: MEA Market Value (US$ Mn) Analysis, by Insulation Type, 2019 to 2023
Table 95: MEA Market Value (US$ Mn) Analysis, by Insulation Type, 2024 to 2034
Table 96: MEA Market Value (US$ Mn) Opportunity Analysis, by Insulation Type, 2024 to 2034
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List Of Figures
Figure 01: Global Market Value (US$ Mn) Historical Analysis, 2019 to 2023
Figure 02: Global Market Value (US$ Mn) Forecast and Analysis, 2024 to 2034
Figure 03: Global Market Value Y-o-Y Growth and Forecast, 2019 to 2034
Figure 04: Global Market Incremental $ Opportunity, 2024 to 2034
Figure 05: Global Market Share and BPS Analysis by Application, 2024 & 2034
Figure 06: Global Market Y-o-Y Growth Projections by Application, 2024 to 2034
Figure 07: Global Market Attractiveness Analysis by Application, 2024 to 2034
Figure 08: Global Market Share and BPS Analysis by Material, 2024 & 2034
Figure 09: Global Market Y-o-Y Growth Projections by Material, 2024 to 2034
Figure 10: Global Market Attractiveness Analysis by Material, 2024 to 2034
Figure 11: Global Market Share and BPS Analysis by Insulation Type, 2024 & 2034
Figure 12: Global Market Y-o-Y Growth Projections by Insulation Type, 2024 to 2034
Figure 13: Global Market Attractiveness Analysis by Insulation Type, 2024 to 2034
Figure 14: Global Market Share and BPS Analysis by Region, 2024 & 2034
Figure 15: Global Market Y-o-Y Growth Projections by Region, 2024 to 2034
Figure 16: Global Market Attractiveness Analysis by Region, 2024 to 2034
Figure 17: North America Market Value (US$ Mn) Historical Analysis, 2019 to 2023
Figure 18: North America Market Value (US$ Mn) Forecast and Analysis, 2024 to 2034
Figure 19: North America Market Value Y-o-Y Growth and Forecast, 2034
Figure 20: North America Market Incremental $ Opportunity, 2024 to 2034
Figure 21: North America Market Share Analysis by Country, 2024 & 2034
Figure 22: North America Market Y-o-Y Growth Projection by Country, 2024 to 2034
Figure 23: North America Market Attractiveness Analysis by Country, 2024 to 2034
Figure 24: North America Market Share and BPS Analysis by Application, 2024 & 2034
Figure 25: North America Market Y-o-Y Growth Projections by Application, 2024 to 2034
Figure 26: North America Market Attractiveness Analysis by Application, 2024 to 2034
Figure 27: North America Market Share and BPS Analysis by Material, 2024 & 2034
Figure 28: North America Market Y-o-Y Growth Projections by Material, 2024 to 2034
Figure 29: North America Market Attractiveness Analysis by Material, 2024 to 2034
Figure 30: North America Market Share and BPS Analysis by Insulation Type, 2024 & 2034
Figure 31: North America Market Y-o-Y Growth Projections by Insulation Type, 2024 to 2034
Figure 32: North America Market Attractiveness Analysis by Insulation Type, 2024 to 2034
Figure 33: Latin America Market Value (US$ Mn) Historical Analysis, 2019 to 2023
Figure 34: Latin America Market Value (US$ Mn) Forecast and Analysis, 2024 to 2034
Figure 35: Latin America Market Value Y-o-Y Growth and Forecast, 2019 to 2034
Figure 36: Latin America Market Incremental $ Opportunity, 2024 to 2034
Figure 37: Latin America Market Share Analysis by Country, 2024 & 2034
Figure 38: Latin America Market Y-o-Y Growth Projection by Country, 2024 to 2034
Figure 39: Latin America Market Attractiveness Analysis by Country, 2024 to 2034
Figure 40: Latin America Market Share and BPS Analysis by Application, 2024 & 2034
Figure 41: Latin America Market Y-o-Y Growth Projections by Application, 2024 to 2034
Figure 42: Latin America Market Attractiveness Analysis by Application, 2024 to 2034
Figure 43: Latin America Market Share and BPS Analysis by Material, 2024 & 2034
Figure 44: Latin America Market Y-o-Y Growth Projections by Material, 2024 to 2034
Figure 45: Latin America Market Attractiveness Analysis by Material, 2024 to 2034
Figure 46: Latin America Market Share and BPS Analysis by Insulation Type, 2024 & 2034
Figure 47: Latin America Market Y-o-Y Growth Projections by Insulation Type, 2024 to 2034
Figure 48: Latin America Market Attractiveness Analysis by Insulation Type, 2024 to 2034
Figure 49: Western Europe Market Value (US$ Mn) Historical Analysis, 2019 to 2023
Figure 50: Western Europe Market Value (US$ Mn) Forecast and Analysis, 2024 to 2034
Figure 51: Western Europe Market Value Y-o-Y Growth and Forecast, 2019 to 2034
Figure 52: Western Europe Market Incremental $ Opportunity, 2024 to 2034
Figure 53: Western Europe Market Share Analysis by Country, 2024 & 2034
Figure 54: Western Europe Market Y-o-Y Growth Projection by Country, 2024 to 2034
Figure 55: Western Europe Market Attractiveness Analysis by Country, 2024 to 2034
Figure 56: Western Europe Market Share and BPS Analysis by Application, 2024 & 2034
Figure 57: Western Europe Market Y-o-Y Growth Projections by Application, 2024 to 2034
Figure 58: Western Europe Market Attractiveness Analysis by Application, 2024 to 2034
Figure 59: Western Europe Market Share and BPS Analysis by Material, 2024 & 2034
Figure 60: Western Europe Market Y-o-Y Growth Projections by Material, 2024 to 2034
Figure 61: Western Europe Market Attractiveness Analysis by Material, 2024 to 2034
Figure 62: Western Europe Market Share and BPS Analysis by Insulation Type, 2024 & 2034
Figure 63: Western Europe Market Y-o-Y Growth Projections by Insulation Type, 2024 to 2034
Figure 64: Western Europe Market Attractiveness Analysis by Insulation Type, 2024 to 2034
Figure 66: Eastern Europe Market Value (US$ Mn) Historical Analysis, 2019 to 2023
Figure 67: Eastern Europe Market Value (US$ Mn) Forecast and Analysis, 2024 to 2034
Figure 68: Eastern Europe Market Value Y-o-Y Growth and Forecast, 2019 to 2034
Figure 69: Eastern Europe Market Incremental $ Opportunity, 2024 to 2034
Figure 70: Eastern Europe Market Share Analysis by Country, 2024 & 2034
Figure 71: Eastern Europe Market Y-o-Y Growth Projection by Country, 2024 to 2034
Figure 72: Eastern Europe Market Attractiveness Analysis by Country, 2024 to 2034
Figure 73: Eastern Europe Market Share and BPS Analysis by Application, 2024 & 2034
Figure 74: Eastern Europe Market Y-o-Y Growth Projections by Application, 2024 to 2034
Figure 75: Eastern Europe Market Attractiveness Analysis by Application, 2024 to 2034
Figure 76: Eastern Europe Market Share and BPS Analysis by Material, 2024 & 2034
Figure 77: Eastern Europe Market Y-o-Y Growth Projections by Material, 2024 to 2034
Figure 78: Eastern Europe Market Attractiveness Analysis by Material, 2024 to 2034
Figure 79: Eastern Europe Market Share and BPS Analysis by Insulation Type, 2024 & 2034
Figure 80: Eastern Europe Market Y-o-Y Growth Projections by Insulation Type, 2024 to 2034
Figure 81: Eastern Europe Market Attractiveness Analysis by Insulation Type, 2024 to 2034
Figure 82: East Asia Market Value (US$ Mn) Historical Analysis, 2019 to 2023
Figure 83: East Asia Market Value (US$ Mn) Forecast and Analysis, 2024 to 2034
Figure 84: East Asia Market Value Y-o-Y Growth and Forecast, 2019 to 2034
Figure 85: East Asia Market Incremental $ Opportunity, 2024 to 2034
Figure 86: East Asia Market Share Analysis by Country, 2024 & 2034
Figure 87: East Asia Market Y-o-Y Growth Projection by Country, 2024 to 2034
Figure 88: East Asia Market Attractiveness Analysis by Country, 2024 to 2034
Figure 89: East Asia Market Share and BPS Analysis by Application, 2024 & 2034
Figure 90: East Asia Market Y-o-Y Growth Projections by Application, 2024 to 2034
Figure 91: East Asia Market Attractiveness Analysis by Application, 2024 to 2034
Figure 92: East Asia Market Share and BPS Analysis by Material, 2024 & 2034
Figure 93: East Asia Market Y-o-Y Growth Projections by Material, 2024 to 2034
Figure 94: East Asia Market Attractiveness Analysis by Material, 2024 to 2034
Figure 95: East Asia Market Share and BPS Analysis by Insulation Type, 2024 & 2034
Figure 96: East Asia Market Y-o-Y Growth Projections by Insulation Type, 2024 to 2034
Figure 97: East Asia Market Attractiveness Analysis by Insulation Type, 2024 to 2034
Figure 98: South Asia & Pacific Market Value (US$ Mn) Historical Analysis, 2019 to 2023
Figure 99: South Asia & Pacific Market Value (US$ Mn) Forecast and Analysis, 2024 to 2034
Figure 100: South Asia & Pacific Market Value Y-o-Y Growth and Forecast, 2019 to 2034
Figure 101: South Asia & Pacific Market Incremental $ Opportunity, 2024 to 2034
Figure 102: South Asia & Pacific Market Share Analysis by Country, 2024 & 2034
Figure 103: South Asia & Pacific Market Y-o-Y Growth Projection by Country, 2024 to 2034
Figure 104: South Asia & Pacific Market Attractiveness Analysis by Country, 2024 to 2034
Figure 105: South Asia & Pacific Market Share and BPS Analysis by Application, 2024 & 2034
Figure 106: South Asia & Pacific Market Y-o-Y Growth Projections by Application, 2024 to 2034
Figure 107: South Asia & Pacific Market Attractiveness Analysis by Application, 2024 to 2034
Figure 108: South Asia & Pacific Market Share and BPS Analysis by Material, 2024 & 2034
Figure 109: South Asia & Pacific Market Y-o-Y Growth Projections by Material, 2024 to 2034
Figure 110: South Asia & Pacific Market Attractiveness Analysis by Material, 2024 to 2034
Figure 111: South Asia & Pacific Market Share and BPS Analysis by Insulation Type, 2024 & 2034
Figure 112: South Asia & Pacific Market Y-o-Y Growth Projections by Insulation Type, 2024 to 2034
Figure 113: South Asia & Pacific Market Attractiveness Analysis by Insulation Type, 2024 to 2034
Figure 114: MEA Market Value (US$ Mn) Historical Analysis, 2019 to 2023
Figure 115: MEA Market Value (US$ Mn) Forecast and Analysis, 2024 to 2034
Figure 116: MEA Market Value Y-o-Y Growth and Forecast, 2019 to 2034
Figure 117: MEA Market Incremental $ Opportunity, 2024 to 2034
Figure 118: MEA Market Share Analysis by Country, 2024 & 2034
Figure 119: MEA Market Y-o-Y Growth Projection by Country, 2024 to 2034
Figure 120: MEA Market Attractiveness Analysis by Country, 2024 to 2034
Figure 121: MEA Market Share and BPS Analysis by Application, 2024 & 2034
Figure 122: MEA Market Y-o-Y Growth Projections by Application, 2024 to 2034
Figure 123: MEA Market Attractiveness Analysis by Application, 2024 to 2034
Figure 124: MEA Market Share and BPS Analysis by Material, 2024 & 2034
Figure 125: MEA Market Y-o-Y Growth Projections by Material, 2024 to 2034
Figure 126: MEA Market Attractiveness Analysis by Material, 2024 to 2034
Figure 127: MEA Market Share and BPS Analysis by Insulation Type, 2024 & 2034
Figure 128: MEA Market Y-o-Y Growth Projections by Insulation Type, 2024 to 2034
Figure 129: MEA Market Attractiveness Analysis by Insulation Type, 2024 to 2034
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- FAQs -
How big is the cold insulation material market in 2024?
Global sales of cold insulation materials are estimated at US$ 7.5 billion in 2024.
What are the projections for the global market for the decade?
The market for cold insulation materials is forecasted to expand at 6.1% CAGR and reach US$ 13.6 billion by the end of 2034.
What are the estimations for the market in the United States?
The market in the United States is projected to reach a value of US$ 1 billion in 2024.
How is the market for cold insulation material faring in China?
The market in China is estimated at a valuation of US$ 1.2 billion in 2024.
Which insulation type accounts for a significant market share?
Fibrous insulators account for 42.8% share of the cold insulation material globally.
What is the market size of Japan in 2024?
The market in Japan is estimated to reach US$ 600 million in 2024.
What is the share of cellular cold insulation material?
Cellular insulators account for a market share of 32.7% of the overall sales of cold insulation materials.
Cold Insulation Material Market