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Asia-Pacific Cold Insulation Material Market by Type - Trends & Forecasts to 2019

Asia-Pacific Cold Insulation Material Market by Type (Fiber Glass, Polyurethane Foam, Polystyrene Foam, Phenolic Foam & Others) & Application (HVAC, Oil & Gas, Refrigeration, Chemicals and Others) - Trends & Forecasts to 2019<br>

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Asia-Pacific Cold Insulation Material Market by Type - Trends & Forecasts to 2019

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  1. Asia-Pacific Cold Insulation Material Market by Type (Fiber Glass, Polyurethane Foam, Polystyrene Foam, Phenolic Foam & Others) & Application (HVAC, Oil & Gas, Refrigeration, Chemicals and Others) - Trends & Forecasts to 2019 Speak To Analyst

  2. The Asia-Pacific cold insulation material market is expected to grow at a CAGR of 8.0% during the next five years to reach $1,585.5 million by 2019. Asia-Pacific, with its flourishing economy and rapidly expanding industrial sectors, is an emerging market and is expected to experience a huge growth in demand from 2014 to 2019. • The major driving factors of this market are the continuously growing cold chain market in Asia-Pacific on account of growing food and healthcare industry. The other growth driver is industrial development in the major economies. Emerging markets such as China, India, Japan, Australia & New Zealand, and South Korea are in the process of rapid growth and industrialization. 

  3. The Asia-Pacific cold insulation material market is mainly driven by growing Asia-Pacific cold chain market and by the rapid industrialization in emerging economies of Asia-Pacific such as China, India, and Japan. Growing cryogenic insulation demand in oil & gas is also contributing to market growth. Long-term growth drivers include increase in demand of cooling equipment in Asia-Pacific and development of eco-friendly cold insulation materials. REQUEST BUNDLE REPORTS

  4. High price of some of the cold insulation materials is a major restraint in the market as various small-scale industries are not able to afford it. Another factor is the stringent government regulations regarding some of the cold-insulation materials which cause health hazards. However, high activity in oil & gas, construction, and chemical sectors are expected to play a major role in the increased demand for cold insulation material in the near future. The leading players in the market include BASF SE (Germany), Huntsman Corporation (U.S.), Kingspan plc (Ireland), Rockwool International A/S (Denmark), and Armacell International Holding (Luxembourg) among several others.

  5. Key Market Players • BASF (Germany) • Huntsman Corporation (U.S.) • ITW Insulation Systems (U.S.) • Kingspan Group Plc (Ireland) • Rockwool International A/S (Denmark) • Armacell International Holding Inc. (Luxembourg) • Bayer MaterialScience (Germany) • Nichias Corporation (Japan) • The Dow Chemical Company (U.S.) • DongsungFinetc Corporation (Korea) Download PDF Brochure

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  7. Mr. Shelly SinghMarketsandMarkets™ INC. 630 Dundee Road Suite 430 Northbrook, IL 60062 USA : 1-888-600-6441 sales@marketsandmarkets.com

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