Cold Insulation (Fiber Glass, Polyurethane Foam, Polystyrene Foam, Phenolic Foam & Others) Market by Types & Application - Global Report 2013-2018

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Aug 02, 2013, 11:21 ET

DUBLIN, August 2, 2013 /PRNewswire/ --

Research and Markets (http://www.researchandmarkets.com/research/p9bh49/cold_insulation) has announced the addition of the "Cold Insulation Market by Types & Application - Global Trends & Forecasts To 2018" report to their offering.

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The global cold insulation market will witness a strong growth in the future growing at a CAGR of around 5% to 9% from 2013 to 2018

'Cold Insulation Market By Types (Fiber Glass, Polyurethane Foam, Polystyrene Foam, Phenolic Foam & Others) & Application (HVAC, Refrigeration, Oil & Gas, Chemicals & Others) Global Trends & Forecasts To 2018'

The rising need for energy efficiency, reduction in green house emissions, sustainable developments and growing infrastructure will drive the global cold insulation market to $4.8 billion by 2018. The U.S. leads the world in terms of usage of advanced materials to increase the efficiency and reliability of operations which makes it the biggest market of today. The market here is expected to experience the highest revenue growth during the next five years followed by Asia-Pacific. This region is driven by countries such as China - the fastest growing country in the global market. The cold insulation market is still in its infancy stage in African markets but, this region is experiencing high growth on account of increased infrastructure spending. On the whole, it is evident that Europe and the Rest of the World are the most lucrative low temperature thermal insulation markets.

The factors driving growth in the global market are high demand from current and emerging applications, increase in LNG, LPG, and other cryogenic gases, development and modernization of infrastructure, and increased demand for energy efficiency. The factors hindering the growth of the market are fluctuating cost of raw materials, lack of quality control across developing countries, and huge investment in R&D.

Most players in this industry are large and manufacture highly customized products focusing on particular end user industries. BASF is a leader in the polyurethane insulation market. Every company, big or small, wants to penetrate deeper into the existing market and at the same time expand into new and emerging markets to increase their sales margin; thereby increasing overall revenue. The companies involved in cold insulation business adopted this strategy by expanding into emerging markets such as Asia-Pacific and Rest of the World markets. Most of the major companies in the thermal insulation manufacturing countries are headquartered in the U.S. and Europe.

Major companies such as BASF (Germany), Huntsman (U.S.), Armacell (Germany), and Bayer Material Science (Germany) have also been profiled in this report.

BASF leads the market in terms of polyurethane materials owing to about 50% market share.

Key Topics Covered:

1 Introduction

2 Executive Summary

3 Market Overview
3.1 Overview
3.2 Burning Issues
3.3 Winning Imperatives
3.4 Market Dynamics
3.5 Value Chain Analysis
3.6 Benchmarking The Key Players
3.7 Porter's Five Force Analysis
3.8 Patent Analysis
3.9 Low Temperature Insulation: Value Proposition

4 Cold Insulation Market, By Types

5 Global Cold Insulation Market, By Geography

6 Competitive Landscape

7 Company Profiles (Overview, Financials, Products & Services, Strategy, And Developments)*
7.1 Aspen Aerogels Inc.
7.2 BASF SE
7.3 Armacell International Holding gmbh
7.4 Bayer Materialscience
7.5 Certain Teed Corporation
7.6 Bradford Insulation Industries Ltd
7.7 Arabian Fiber Glass Insulation Company Ltd
7.8 The Dow Chemical Company
7.9 Evonik Industries
7.10 Dongsung Finetec Corporation
7.11 Fletcher Insulation Group
7.12 Huntsman Corporation
7.13 Itw Insulation Systems
7.14 Johns Manville Corporation
7.15 Kingspan Group PLC
7.16 Knauf Insulation
7.17 Owens Corning
7.18 Pittsburgh Corning Corporation
7.19 Rockwool International A/S
7.20 Uralita SA

For more information visit http://www.researchandmarkets.com/research/p9bh49/cold_insulation.

Research and Markets
Laura Wood, Senior Manager
[email protected]
U.S. Fax: +1-646-607-1907
Fax (outside U.S.): +353-1-481-1716
Sector: Process and Materials

SOURCE Research and Markets