LNG insulation panels are designed to cool down natural gas to -163 degrees Celsius to facilitate the storage and transport of LNG. They are mainly used in LNG carriers, but are increasingly being used in FLNG facilities (LNG FPSO/FSRU), fixed offshore platforms, and offshore storage.
According to our (Global Info Research) latest study, the global LNG Insulation Panel market size was valued at USD 664.5 million in 2022 and is forecast to a readjusted size of USD 2822.2 million by 2029 with a CAGR of 22.9% during review period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
The global top five LNG insulation panel manufacturers include Dongsung Finetec, Hankuk Carban, Yoke Technology, Roechling, and Meisei, with a total market share of about 90%, of which the largest manufacturer is Dongsung Finetec, with a market share of more than 35%. The Asia-Pacific region is the global most important LNG insulation panel consumer market, with a market share of more than 60%. In terms of type, the market share of foaming agent is about 80%. In the application field, LNG carriers account for more than 70% of the market.
This report is a detailed and comprehensive analysis for global LNG Insulation Panel market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2023, are provided.
Key Features:
Global LNG Insulation Panel market size and forecasts, in consumption value ($ Million), sales quantity (K CBM), and average selling prices (US$/CBM), 2018-2029
Global LNG Insulation Panel market size and forecasts by region and country, in consumption value ($ Million), sales quantity (K CBM), and average selling prices (US$/CBM), 2018-2029
Global LNG Insulation Panel market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (K CBM), and average selling prices (US$/CBM), 2018-2029
Global LNG Insulation Panel market shares of main players, shipments in revenue ($ Million), sales quantity (K CBM), and ASP (US$/CBM), 2018-2023
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for LNG Insulation Panel
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global LNG Insulation Panel market based on the following parameters - company overview, production, value, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Dongsung Finetec, Hankuk Carban, Yoke Technology, Roechling and Meisei, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, COVID-19 and Russia-Ukraine War Influence.
Market Segmentation
LNG Insulation Panel market is split by Type and by Application. For the period 2018-2029, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type
Foaming Agent
Laminated Densified Wood
Market segment by Application
LNG Carrier
LNG Receiving Station
Others
Major players covered
Dongsung Finetec
Hankuk Carban
Yoke Technology
Roechling
Meisei
Kingspan Group (Dyplast LOGSTOR)
Kawasaki
TIG
Market segment by region, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe LNG Insulation Panel product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of LNG Insulation Panel, with price, sales, revenue and global market share of LNG Insulation Panel from 2018 to 2023.
Chapter 3, the LNG Insulation Panel competitive situation, sales quantity, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the LNG Insulation Panel breakdown data are shown at the regional level, to show the sales quantity, consumption value and growth by regions, from 2018 to 2029.
Chapter 5 and 6, to segment the sales by Type and application, with sales market share and growth rate by type, application, from 2018 to 2029.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value and market share for key countries in the world, from 2017 to 2022.and LNG Insulation Panel market forecast, by regions, type and application, with sales and revenue, from 2024 to 2029.
Chapter 12, market dynamics, drivers, restraints, trends, Porters Five Forces analysis, and Influence of COVID-19 and Russia-Ukraine War.
Chapter 13, the key raw materials and key suppliers, and industry chain of LNG Insulation Panel.
Chapter 14 and 15, to describe LNG Insulation Panel sales channel, distributors, customers, research findings and conclusion.
Summary:
Get latest Market Research Reports on LNG Insulation Panel. Industry analysis & Market Report on LNG Insulation Panel is a syndicated market report, published as Global LNG Insulation Panel Market 2023 by Manufacturers, Regions, Type and Application, Forecast to 2029. It is complete Research Study and Industry Analysis of LNG Insulation Panel market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.