A
new research report by Transparency Market Research offers a
comprehensive evaluation of the global Cold
Insulation
Market. The
study, titled “Cold
Insulation Market - Global Industry Analysis, Size, Share, Growth,
Trends, and Forecast 2017 - 2025”,
is available for sale on the firm’s website.
Insulation
is a combination of materials used to conserve energy by preventing
heat flow. An insulation should be able to reduce or prevent damage
to equipment from corrosion or from fire exposure and increase the
operating efficiency of industrial installation systems such as
cooling/heating, ventilating, plumbing, power and process. The
insulation with a temperature range between -750C to 8150C are termed
as thermal insulations and temperatures below -7500C are cryogenic
and temperatures above 8150C are refractory. A high quality
insulation is applied for equipment working under very low
temperatures. Cold insulation is generally applied where the
environmental temperature is below the ambient temperature.
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Market Research Report @
Properties
such as thermal conductivity, alkalinity (pH) or acidity, abrasion
resistance, chemical reactivity/passivity, compressive strength &
breaking load, combustibility, and coefficient of expansion
/contraction should be considered while selecting materials for
insulation, depending on the type of application. An insulation, if
properly chosen such that it is maintenance-free and non-complaining,
is likely to look after the smooth operation, safety and economy of
the equipment insulated.
The
market for cold insulation can be segmented into type of material,
end-user applicants, and region. In terms of type of material used,
the cold insulation market can be segmented into fiber glass,
Polyisocyanurate, polyurethane foam, nitrile rubber, phenolic foam,
ceramic fiber, polystyrene foam (EPS & XPS), and others.
Polyurethane and Polyisocyanurate have assumed significant importance
due to the numerous superior qualities they possess. These materials
can be installed in-situ-by pouring or by spray and applied in
preformed shapes. The materials can be available in any form, size,
and shape depending on the application.
In
terms of end-user application, the cold insulation market can be
segmented into chemical, HVAC, oil and gas, refrigeration, and
others. Process operations in low temperatures, reduction in energy
losses, safety regulations, and environmental impacts are anticipated
to drive the end-user application market. Moisture vapor transmission
(MVT) factor is critical for hot humid climatic conditions for
designing LNG Plants, where an insulation should be applied. This
design factor is likely to propel the cold insulation market in the
LNG sector. The increase in the application of insulation in food and
chemical storage and cryogenic medical applications is estimated to
fuel the cold insulation market in the near future.
In
terms of geography, the cold insulation market can be segmented into
Asia Pacific, Europe, North America, Middle East and Latin America.
Industrial growth, and new projects in the oil & gas industry are
projected to boost the India market. Regulation in carbon emissions,
strict environmental laws, and the rise in energy prices is
anticipated to drive the markets in developed regions such as North
America and Europe. Increase in exports of LNG and economic growth is
estimated to propel the Middle East Market.
Key
players operating in the cold insulation market include Bayer, BASF
SE, Aspen Aerogels Inc., Huntsman Corporation, Dow, Armacell, Evonik
Industries, Bradford Insulation Industries Ltd., Fletcher Insulation
Group, Knauf Insulation, Kingspan Group PLC, Uralita S.A, Arabian
Fiber Glass Insulation Company Ltd., Johns Manville, Pittsburgh
Corning Corporation, Thermax, and ROXUL ROCKWOOL,. Dow with its
research on polyurethane provides tailor-made solutions and
innovative technical service to help customers stays ahead of the
game in the challenging and ever-evolving polyurethane industry.
BASF, a leading supplier of cold insulation materials, is
diversifying its region of operations. Aggressive market strategies
are adopted by big players in the cold insulation market to increase
their market share. However, the raw materials used in cold
insulation are mostly volatile, which indirectly affects the cold
insulation market.
Get
accurate market forecast and analysis on the Cold Insulation market.
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market@
The
report offers a comprehensive evaluation of the market. It does so
via in-depth qualitative insights, historical data, and verifiable
projections about market size. The projections featured in the report
have been derived using proven research methodologies and
assumptions. By doing so, the research report serves as a repository
of analysis and information for every facet of the market, including
but not limited to: Regional markets, technology, types, and
applications.
The
study is a source of reliable data on:
- Market segments and sub-segments
- Market trends and dynamics
- Supply and demand
- Market size
- Current trends/opportunities/challenges
- Competitive landscape
- Technological breakthroughs
- Value chain and stakeholder analysis
The
regional analysis covers:
- North America (U.S. and Canada)
- Latin America (Mexico, Brazil, Peru, Chile, and others)
- Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
- Eastern Europe (Poland and Russia)
- Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
- Middle East and Africa (GCC, Southern Africa, and North Africa)
About
Us
Transparency
Market Research (TMR) is a market intelligence company, providing
global business information reports and services. Our exclusive blend
of quantitative forecasting and trends analysis provides
forward-looking insight for thousands of decision makers. TMR's
experienced team of Analysts, Researchers, and Consultants, use
proprietary data sources and various tools and techniques to gather
and analyze information.
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data repository is continuously updated and revised by a team of
research experts, so that it always reflects the latest trends and
information. With a broad research and analysis capability,
Transparency Market Research employs rigorous primary and secondary
research techniques in developing distinctive data sets and research
material for business reports.
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