Cold Insulation Market worth $4883.1 Million By 2018
DALLAS, July 15, 2013 /PRNewswire/ --
The report "Cold Insulation Market By Types (Fiber Glass, Polyurethane Foam, Polystyrene Foam, Phenolic Foam & Others) & Applications (HVAC, Refrigeration, Oil & Gas, Chemicals & Others) - Global Trends & Forecasts to 2018" defines and segments the global cold insulation market with analysis and forecasting of the global revenue. Cold insulation market will grow to $4.8 billion by 2018, with a high CAGR from 2013 to 2018.
- 102 Market Data Tables
- 21 Figures
- 228 Pages and an in-depth Table of Content on "Cold Insulation Market"
Early buyers will receive 10% customization on this report.
Cold insulation market is mainly driven by growing demand for natural and industrial gases. The increased infrastructure requirements, demand for better working conditions are the primary reasons, cold insulation materials are experiencing huge surge in demand from existing and emerging applications. North America, due to its huge appetite for advanced cold insulating materials that offer better process control and enhance the efficiency of operations, is the major growth engine for this market.
Download Free Brochure @http://www.marketsandmarkets.com/pdfdownload.asp?id=1117
The enormous potential of this market is attracting various small and big level industry players. The cold insulation market is experiencing a boom especially in China due to heavy spending on infrastructure and the flourishing manufacturing industry. In countries like Nigeria, Kenya, and South Africa, laws for energy efficiency are coming into existence, which would increase the demand for cold insulation materials in Rest of the World. On account of growing demand for efficient and environment friendly materials that cause minimal damage to the surrounding, the market will experience an escalation in the demand of cold insulation materials in the years to come. Moreover, the demand in cryogenic gases, chemicals for various applications bring the need for cryogenic insulation for the coming years.
The cold insulation industry players are constantly trying to modify their product line with highly customized and advanced sustainable product lines to remain competitive in the markets.
Some of the large players identified in the market are:
- BASF (Germany)
- Evonik (Germany)
- Owens Corning (U.S.)
- Johns Manville (U.S.)
The report forecasts revenue of the global Cold Insulation Market and its various submarkets with respect to four main regions viz. North America, Europe, Asia-Pacific, and Rest of the World, which includes Middle East, Africa, and Russia. The countries such as U.S., China, Canada, and Germany were also analyzed.
The report segments the global cold insulation market by major applications namely:
- Oil and Gas
In addition, various types of materials such as polyurethane/Polyisocyanurate foam, Fiber glass, Phenolic foam, Polystyrene foam (EPS & XPS), and others are analyzed. It also focuses on market metrics such as drivers, restraints, opportunities, and winning imperatives.
Buy a copy of this Report @http://www.marketsandmarkets.com/Purchase/purchase_report1.asp?id=1117
Browse related reports toChemicals Market@http://www.marketsandmarkets.com/chemicals-market-research-10.html
MarketsandMarkets is a global market research and consulting company based in the U.S. We publish strategically analyzed market research reports and serve as a business intelligence partner to Fortune 500 companies across the world.
MarketsandMarkets also provides multi-client reports, company profiles, databases, and custom research services. MarketsandMarkets covers thirteen industry verticals; including advanced materials, automotives and transportation, banking and financial services, biotechnology, chemicals, consumer goods, telecommunications and IT, energy and power, food and beverages, industrial automation, medical devices, pharmaceuticals, semiconductor and electronics, aerospace & defense.
We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository.
North - Dominion Plaza
17304 Preston Road
Suite 800, Dallas, TX 75252
Visit MarketsandMarkets @ http://www.marketsandmarkets.com
Connect with us on LinkedIn @ http://www.linkedin.com/company/marketsandmarkets