In today’s world, the use of cryogenics and low-temperature refrigeration is taking a more and more significant role. From the food industry, transportation, energy, and medical applications to the Space Shuttle, cryogenic liquids must be stored, handled, and transferred from one point to another. To minimize heat leaks into storage tanks and transfer lines, high-performance materials are needed to provide high levels of thermal isolation. Complete knowledge of thermal insulation is a key part of enabling the development of efficient, low-maintenance cryogenic systems. The need for insulation is never a direct one. What is important is to save money on the energy bill or to be able to effectively control a system. Thermal insulation systems therefore provide energy conservation and allow system control for process systems.
Market Analysis and Insights: Global and United States Cryogenic Insulation Materials Market
This report focuses on global and United States Cryogenic Insulation Materials market, also covers the segmentation data of other regions in regional level and county level.
Due to the COVID-19 pandemic, the global Cryogenic Insulation Materials market size is estimated to be worth US$ million in 2022 and is forecast to a readjusted size of US$ million by 2028 with a CAGR of % during the review period. Fully considering the economic change by this health crisis, by Type, PU & PIR accounting for % of the Cryogenic Insulation Materials global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR in the post-COVID-19 period. While by Application, Energy & Power was the leading segment, accounting for over percent market share in 2021, and altered to an % CAGR throughout this forecast period.
In United States the Cryogenic Insulation Materials market size is expected to grow from US$ million in 2021 to US$ million by 2028, at a CAGR of % during the forecast period.
Global Cryogenic Insulation Materials Scope and Market Size
Cryogenic Insulation Materials market is segmented by region (country), players, by Type and by Application. Players, stakeholders, and other participants in the global Cryogenic Insulation Materials market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by region (country), by Type and by Application for the period 2017-2028.
For United States market, this report focuses on the Cryogenic Insulation Materials market size by players, by Type and by Application, for the period 2017-2028. The key players include the global and local players, which play important roles in United States.
Segment by Type
PU & PIR
Cellular Glass
Polystyrene
Fiberglass
Perlite
Others
Segment by Application
Energy & Power
Chemicals
Metallurgical
Electronics
Oil & Gas
Others
By Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
U.A.E
By Company
BASF
Armacell International Holding
Lydall
Rochling Group
Saint Gobain
Cabot Corporation
Hertel
Johns Manville
Dunmore Corporation
Imerys Minerals
Aspen Aerogels