Global Cryogenic Insulation Market to Reach $5.4 Billion by 2030
The global market for Cryogenic Insulation estimated at US$3.7 Billion in the year 2022, is projected to reach a revised size of US$5.4 Billion by 2030, growing at a CAGR of 4.6% over the analysis period 2022-2030. PU & PIR, one of the segments analyzed in the report, is projected to record 5.6% CAGR and reach US$2 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Cellular Glass segment is readjusted to a revised 4.7% CAGR for the next 8-year period.The U.S. Market is Estimated at $1 Billion, While China is Forecast to Grow at 9.1% CAGR
The Cryogenic Insulation market in the U.S. is estimated at US$1 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$1.3 Billion by the year 2030 trailing a CAGR of 9.1% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 0.7% and 3.7% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 1.5% CAGR.Select Competitors (Total 48 Featured) -
- Amol Dicalite Limited
- Armacell International Holding GmbH
- Aspen Aerogels
- BASF SE
- Cabot Corporation
- Dunmore Corporation
- G+H Group
- Hertel
- Imerys Minerals
- Isover (Saint Gobain)
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- Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
- Global competitiveness and key competitor percentage market shares
- Market presence across multiple geographies - Strong/Active/Niche/Trivial
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Table of Contents
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Amol Dicalite Limited
- Armacell International Holding GmbH
- Aspen Aerogels
- BASF SE
- Cabot Corporation
- Dunmore Corporation
- G+H Group
- Hertel
- Imerys Minerals
- Isover (Saint Gobain)
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 96 |
Published | April 2024 |
Forecast Period | 2022 - 2030 |
Estimated Market Value ( USD | $ 3.7 Billion |
Forecasted Market Value ( USD | $ 5.4 Billion |
Compound Annual Growth Rate | 4.8% |
Regions Covered | Global |