The market is growing slowly in European countries, but it will continue to grow at significant rate in the Asia-Pacific region. This region is driven by countries such as China, the fastest growing country in global cold insulation market. The cold insulation market is still in 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 Rest of the World are the most lucrative low temperature thermal insulation market.

1. 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
by
MarketsandMarkets
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2. 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
Rising need for energy efficiency, reduction in Green House emissions,
sustainable developments and growing infrastructure will drive the global cold
insulation market to $4.8billion by 2018. U.S. leads the world in terms of usage
of advanced materials to increase the efficiency and reliability of operations
that makes it the biggest market for cold insulation. The market here is
expected to experience highest revenue growth during the next five years
followed by Asia-Pacific.
The factors driving growth in the global cold insulation market are high demand
from current & emerging applications, increase in LNG, LPG, and other
cryogenic gases, development & 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.
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3. 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 market is growing slowly in European countries, but it will continue to grow at
significant rate in the Asia-Pacific region. This region is driven by countries such as China,
the fastest growing country in global cold insulation market. The cold insulation market is
still in 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
Rest of the World are the most lucrative low temperature thermal insulation market.
Most players in this industry are very huge and manufacture highly customized products
focusing on particular end user industry. BASF is a leader in 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.
Complete report available @ http://www.rnrmarketresearch.com/cold-
insulation-market-by-types-fiber-glass-polyurethane-foam-polystyrene-foam-
phenolic-foam-others-application-hvac-refrigeration-oil-gas-chemicals-others-
global-trends-forecasts-market-report.html.
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