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Rapid implementation in the Oil & Gas industry and the growing demand for air conditioning and refrigeration applications are the drivers for the growth of the market.
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Cold Insulation Market To Reach USD 9.46 Billion By 2027 www.reportsanddata.com
Market Summary Market Size – USD 5.59 Billion in 2019, Market Growth - CAGR of 7.2%, Market Trends – High demand from developed economies. The global Cold Insulation market is forecast to reach USD 9.46 Billion by 2027, according to a new report by Reports and Data. The global cold insulation market is likely to see rapid gains over the forecast period due to the high importance of energy efficiency owing to the rising cost of energy during the forecast period. Growing concerns about greenhouse gas emissions are expected to further fuel market growth over the forecast period. • Further key findings from the report suggest • Asia-Pacific is currently the largest and most dynamic market for cold insulation. The rapid growth of end-use industries, such as oil and gas, chemicals, HVAC, and cryogenic equipment in Asia-Pacific, is driving a significant increase in the market. Besides, the low costs of setting up manufacturing facilities are driving market growth in the region. • Polyurethane foam is estimated to be the third-largest material segment during the forecast period as it is widely used in the refrigeration segment, one of the largest end-use industries in the cold insulation market. www.reportsanddata.com
Market Summary Key Players: BASF SE, Armacell International Holding Gmbh, The DOW Chemical Company, Owens Corning, Bayer Material Science, Knauf Insulation, Aspen Aerogels Inc., KAEFER, Novisol, and Huntsman Corporation, among others. Segmentation: Material Type Outlook (Revenue, USD Billion; 2017-2027) Fiber Glass Phenolic Foams Polystyrene Foams Polyurethane Foams Others Insulation Type Outlook (Revenue, USD Billion; 2017-2027) Fibrous Cellular Granular Get a sample of the report @ https://www.reportsanddata.com/sample-enquiry-form/3294 www.reportsanddata.com
Market Summary Application Outlook (Revenue, USD Billion; 2017-2027) Chemicals HVAC Oil & Gas Refrigeration Others Regional Outlook for Cold Insulation Market analyses the following geographies: North America (United States, Canada, and Mexico) Europe (Germany, France, UK, Russia, and Italy) Asia-Pacific (China, Japan, Korea, India, and Southeast Asia) South America (Brazil, Argentina, Colombia, etc.) Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa) Avail this report at Attractive Discount rates! Click here to know more @https://www.reportsanddata.com/discount-enquiry-form/3294 www.reportsanddata.com
The report emphasizes the following key questions: Q.1.What are the most lucrative and promising growth prospects for the market? Q.2.Which sectors are expected to deliver a high growth rate and which industry aspects come into play in this advancement? Q.3.Which geographies are estimated to exhibit the highest growth and the underlying causes? Q.4.Which factors are impacting the future of the market and what are the driving factors? Q.5.What are the hurdles and challenges curtailing the industry’s growth in the forecast period? www.reportsanddata.com
About Us Reports and Data is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target and analyze consumer behavior shifts across demographics, across industries and help client’s make a smarter business decision. We offer market intelligence studies ensuring relevant and fact-based research across a multiple industries including Healthcare, Technology, Chemicals, Power, and Energy. We consistently update our research offerings to ensure our clients are aware about the latest trends existent in the market. Reports and Data has a strong base of experienced analysts from varied areas of expertise. Contact US John Watson Head of Business Development Reports And Data | Web: www.reportsanddata.com Direct Line: +1-212-710-1370 E-mail: sales@reportsanddata.com www.reportsanddata.com