Cryogenic Insulation Market size is estimated to be USD 2.3 billion in 2018 and is projected reach USD 3.3 billion by 2026, at a CAGR of 7% between 2021 and 2026.
Cryogenic insulation is a high-performance material used to protect and reduce energy leakage and provides a high level of insulation for applications operating below -75 degrees Celsius. It is mainly used for transportation and storage of cryogenic gases such as liquid petroleum gas (LPG), liquid natural gas (LNG), ethylene.
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Key Market Players
Key market players profiled in the report include Armacell International Holding GmbH (Germany), Lydall Inc. (US), BASF SE (Germany), Cabot Corporation (US), Rochling Group (Germany), and Johns Manville Inc. (US).
On the basis of form, the cryogenic insulation market has been segmented as follows:
- Bulk-fill
- Foam
- Multi-layer
On the basis of cryogenic equipment, the cryogenic insulation market has been segmented as follows:
- Tanks
- Valves
- Vaporizers
- Pumps
- Others (dewar vessels, tunnel freezers, gauges, and flanges, among others)
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Scope of the Report
The research study analyzes the global Cryogenic Insulation industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:
Recent Developments
o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment
Geographic Coverage
o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume
Key Questions Answered by Cryogenic Insulation Market Report
1. What was the Cryogenic Insulation Market size in 2018 and 2019; what are the estimated growth trends and market forecast (2019-2026).
- What will be the CAGR of Cryogenic Insulation Market during the forecast period (2019-2026)?
3. Which segments (product type/applications/end-user) were most attractive for investments in 2018? How these segments are expected to grow during the forecast period (2019-2026).
4. Which manufacturer/vendor/players in the Cryogenic Insulation Market was the market leader in 2018?
5. Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.
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