Asia-Pacific Cold Insulation Market by Type and Application - Opportunity Analysis and Industry Forecast, 2017-2023

Asia-Pacific Cold Insulation Market by Type and Application - Opportunity Analysis and Industry Forecast, 2017-2023

  • December 2017 •
  • 216 pages •
  • Report ID: 5336939 •
  • Format: PDF
Asia-Pacific Cold Insulation Market by Type (Fiber Glass, Polyurethane Foam, Polystyrene Foam, Phenolic Foam, and Others) and Application (HVAC, Chemicals, Oil & Gas, Refrigeration, and Others) - Opportunity Analysis and Industry Forecast, 2017-2023

The Asia-Pacific cold insulation market was valued at $1,912,720 thousand in 2016, and is estimated to reach $3,251,903 thousand by 2023, growing at a CAGR of 7.7% from 2017 to 2023. Cold insulation is a form of insulation used to avoid heat loss or heat gain to conserve the valuable energy.

Cold insulation is applied to a cold surface for the purpose of cold conservation, avoid condensation, and maintain low temperature for process control. These process is used in various sectors such as chemicals, oil & gas, and refrigeration.

The growth of the Asia-Pacific cold insulation market is attributed to industrial expansion, growth in construction industry, and favorable government regulations to promote thermal & cold insulation. Cold insulation acts as a barrier to heat flow and reduces the problem of moisture condensation in cold systems.

The market is further driven by its high demand in oil & gas industries and favorable government regulations regarding environment protection.

The Asia-Pacific cold insulation market is segmented based on type, application, and country. Based on type, it is divided into fiber glass, polyurethane foam, polystyrene foam, phenolic foam, rubber, polyethylene foam, and others.

Based on application, it is categorized into HVAC, chemicals, oil & gas, refrigeration, and others. Based on country, it is analyzed across China, Japan, India, Australia, South Korea, Indonesia, Malaysia, Singapore, Vietnam, Thailand, Philippines, Myanmar, and rest of Asia-Pacific.

Major market players are as follows:
Kingspan Groups PLC.
BASF SE
Huntsman Corporation
ITW Insulation Systems
Rockwool International A/S
Covestro Ag (Bayer Material Science)
DowDuPont, Inc.
Dongsung FineTec Co., Ltd.
Armacell International Holding Inc.
Nichias Corporation.

KEY BENEFITS FOR STAKEHOLDERS
This report provides an extensive analysis of the current & emerging market trends and dynamics of the Asia-Pacific cold insulation market.
In-depth analysis of all regions is conducted by constructing market estimations for key segments between 2016 and 2023, which assist to identify the prevailing opportunities.
The report assists to understand the strategies adopted by the companies for market expansion.
This study evaluates the competitive landscape to understand the competitive environment across various regions.
Extensive analysis is conducted by following product benchmarking, positioning, and monitoring the top competitors within the Asia-Pacific region.

KEY MARKET SEGMENTS

By Type
Fiber Glass
Polyurethane Foam
Polystyrene Foam
Phenolic Foam
Rubber
Polyethylene Foam
Others

By Application
HVAC
Chemicals
Oil & Gas
Refrigeration
Others

By Country
China
Japan
India
Australia
South Korea
Indonesia
Malaysia
Singapore
Vietnam
Thailand
Philippines
Myanmar
Rest of Asia-Pacific

Other major players in the industry include the following:

KAEFER Isoliertechnik GmbH & Co. KG
Owens Corning
Maghard Insulators Pvt. Ltd.
Fletcher Insulation Pty Ltd.
Arabian Fiberglass Insulation Company Ltd.

*The above list of companies is not profiled in the report, but can be added on request.