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Cold Insulation Materials Market Share

  • Report ID: GMI7504
  • Published Date: Nov 2023
  • Report Format: PDF

Cold Insulation Materials Market Share

Some of the major companies operating in the cold insulation materials industry are:

  • Owens Corning
  • Saint-Gobain
  • Knauf Insulation
  • Rockwool
  • Armacell
  • Kingspan Group
  • BASF SE

These companies focus on strategic partnerships, new Material launch & commercialization for market expansion. Furthermore, these companies are heavily investing in research that allows them to introduce innovative Materials and garner maximum revenue in the market.
 

The cold insulation materials market is characterized by a diverse revenue share among key companies. Owens Corning, a prominent player, holds a significant market share with its expertise in fiberglass insulation. Saint-Gobain, another major contributor, offers a diverse range of insulation materials, contributing to its substantial market presence. Knauf Insulation, recognized for its commitment to sustainability, has secured a noteworthy market share with its mineral wool solutions.
 

Rockwool, specializing in stone wool insulation, holds a considerable position in the market. Armacell, known for flexible elastomeric foams, has captured a distinct share, while the Kingspan Group's high-performance insulation solutions contribute to its market presence. BASF SE and Huntsman Corporation, offering chemical-based insulation, and Synthos SA and Celanese Corporation, providing polymer-based solutions, collectively contribute to the competitive market share landscape, reflecting a well-distributed market presence among key companies.

Authors: Kiran Pulidindi, Kunal Ahuja

Frequently Asked Questions (FAQ) :

The market size of cold insulation materials reached around USD 6.82 billion in 2022 and is estimated to amass USD 11.01 billion by 2032 driven by widespread usage of across the oil and gas, chemicals, and refrigeration sectors.

The fiber glass segment generated USD 3.03 billion in revenue in 2022, owing to its flexibility and ease of installation in diverse applications

North America market size was valued at USD 2.33 billion in 2022, driven by the stringent energy efficiency regulations and the strong emphasis on sustainability to reduce heat loss.

Some of the leading market players are Owens Corning, Saint-Gobain, Knauf Insulation, Rockwool, Armacell, Kingspan Group, and BASF SE.

Cold Insulation Materials Market Scope

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Premium Report Details

  • Base Year: 2022
  • Companies covered: 15
  • Tables & Figures: 191
  • Countries covered: 21
  • Pages: 210
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