Asia-Pacific Cold Insulation

Cold insulation materials are gaining importance over the years due to increased energy prices, rising environmental concerns and its large scale industrial applications. The Asia-Pacific Cold Insulation Market was valued at $ million in 2012 and is expected to reach to $ million in 2018 with a growing CAGR of 9.8% from Some of the drivers for Asia-Pacific Cold Insulation Market include use of renewable materials, materials that have specific amount of recyclable content, strict environmental laws regarding carbon dioxide emissions, rising energy costs. Insulation is a material or a combination of two or more materials that can be used to prevent heat loss or heat gain to conserve the valuable energy. The material can be made available in any size, shapes according to various applications. Insulating materials have the ability to protect the environment from harmful green house gases. Insulation increases the operating efficiencies of the systems where it is installed. Asia Pacific accounts for 28.7% market of the Global Cold insulation material market and is expected to account for 30.0% market share in 2018 exceeding European market share by Asia is the largest producer of polyurethane foam globally

Various types of cold insulation material Fiber glass, PU/PIS foam, polystyrene foam, phenolic foam, and others have also been identified.

China Japan, Korea, India Australia South Korea Indonesia Malaysia Singapore By Country The major contributors for Asia-Pacific cold insulation market growth. Manufacturers find Asia-Pacific as an attractive market, owing to the low labor cost, low cost of setting up manufacturing units, and low cost of insulation materials

The various applications of cold insulation materials chemicals, HVAC refrigeration Etc. oil & gas Link