Global Refrigeration Insulation Materials Market to Reach $10 Billion by 2030
The global market for Refrigeration Insulation Materials estimated at US$5 Billion in the year 2022, is projected to reach a revised size of US$10 Billion by 2030, growing at a CAGR of 9.2% over the analysis period 2022-2030. PU & PIR, one of the segments analyzed in the report, is projected to record 10.7% CAGR and reach US$4.1 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Elastomeric Foam segment is readjusted to a revised 8.7% CAGR for the next 8-year period.The U.S. Market is Estimated at $1.3 Billion, While China is Forecast to Grow at 14.5% CAGR
The Refrigeration Insulation Materials market in the U.S. is estimated at US$1.3 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$2.5 Billion by the year 2030 trailing a CAGR of 14.5% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 4.5% and 8.1% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 5.6% CAGR.Select Competitors (Total 34 Featured) -
- Armacell International S.A.
- Aspen Aerogels
- Basf Se
- Cabot Corporation
- Etex
- Johns Manville
- Kingspan Group Plc
- L'Isolante K-Flex S.P.A.
- Lydall Inc.
- Morgan Advanced Materials
- Nmc Sa
- Owens Corning
- Saint-Gobain Isover
- Zhejiang Zhenshen Insulation Technology Corp. Ltd.
- Zotefoams
What's New?
- 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:
- Armacell International S.A.
- Aspen Aerogels
- Basf Se
- Cabot Corporation
- Etex
- Johns Manville
- Kingspan Group Plc
- L'Isolante K-Flex S.P.A.
- Lydall Inc.
- Morgan Advanced Materials
- Nmc Sa
- Owens Corning
- Saint-Gobain Isover
- Zhejiang Zhenshen Insulation Technology Corp. Ltd.
- Zotefoams
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 89 |
Published | April 2024 |
Forecast Period | 2022 - 2030 |
Estimated Market Value ( USD | $ 5 Billion |
Forecasted Market Value ( USD | $ 10 Billion |
Compound Annual Growth Rate | 9.1% |
Regions Covered | Global |