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Global Refrigeration Insulation Material Market 2025 by Manufacturers, Regions, Type and Application, Forecast to 2031

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1 Market Overview

  • 1.1 Product Overview and Scope
  • 1.2 Market Estimation Caveats and Base Year
  • 1.3 Market Analysis by Type
    • 1.3.1 Overview: Global Refrigeration Insulation Material Consumption Value by Type: 2020 Versus 2024 Versus 2031
    • 1.3.2 Elastomeric Foam
    • 1.3.3 PU & PIR
    • 1.3.4 Polystyrene Foam
    • 1.3.5 Fiberglass
    • 1.3.6 Phenolic Foam
    • 1.3.7 Others
  • 1.4 Market Analysis by Application
    • 1.4.1 Overview: Global Refrigeration Insulation Material Consumption Value by Application: 2020 Versus 2024 Versus 2031
    • 1.4.2 Food & Beverage
    • 1.4.3 Chemicals & Pharmaceuticals
    • 1.4.4 Oil & Gas and Petrochemicals
    • 1.4.5 Others
  • 1.5 Global Refrigeration Insulation Material Market Size & Forecast
    • 1.5.1 Global Refrigeration Insulation Material Consumption Value (2020 & 2024 & 2031)
    • 1.5.2 Global Refrigeration Insulation Material Sales Quantity (2020-2031)
    • 1.5.3 Global Refrigeration Insulation Material Average Price (2020-2031)

2 Manufacturers Profiles

  • 2.1 Armacell
    • 2.1.1 Armacell Details
    • 2.1.2 Armacell Major Business
    • 2.1.3 Armacell Refrigeration Insulation Material Product and Services
    • 2.1.4 Armacell Refrigeration Insulation Material Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.1.5 Armacell Recent Developments/Updates
  • 2.2 Owens Corning
    • 2.2.1 Owens Corning Details
    • 2.2.2 Owens Corning Major Business
    • 2.2.3 Owens Corning Refrigeration Insulation Material Product and Services
    • 2.2.4 Owens Corning Refrigeration Insulation Material Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.2.5 Owens Corning Recent Developments/Updates
  • 2.3 Kingspan Group Plc
    • 2.3.1 Kingspan Group Plc Details
    • 2.3.2 Kingspan Group Plc Major Business
    • 2.3.3 Kingspan Group Plc Refrigeration Insulation Material Product and Services
    • 2.3.4 Kingspan Group Plc Refrigeration Insulation Material Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.3.5 Kingspan Group Plc Recent Developments/Updates
  • 2.4 Morgan Advanced Materials
    • 2.4.1 Morgan Advanced Materials Details
    • 2.4.2 Morgan Advanced Materials Major Business
    • 2.4.3 Morgan Advanced Materials Refrigeration Insulation Material Product and Services
    • 2.4.4 Morgan Advanced Materials Refrigeration Insulation Material Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.4.5 Morgan Advanced Materials Recent Developments/Updates
  • 2.5 Etex
    • 2.5.1 Etex Details
    • 2.5.2 Etex Major Business
    • 2.5.3 Etex Refrigeration Insulation Material Product and Services
    • 2.5.4 Etex Refrigeration Insulation Material Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.5.5 Etex Recent Developments/Updates
  • 2.6 Isover
    • 2.6.1 Isover Details
    • 2.6.2 Isover Major Business
    • 2.6.3 Isover Refrigeration Insulation Material Product and Services
    • 2.6.4 Isover Refrigeration Insulation Material Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.6.5 Isover Recent Developments/Updates
  • 2.7 BASF SE
    • 2.7.1 BASF SE Details
    • 2.7.2 BASF SE Major Business
    • 2.7.3 BASF SE Refrigeration Insulation Material Product and Services
    • 2.7.4 BASF SE Refrigeration Insulation Material Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.7.5 BASF SE Recent Developments/Updates
  • 2.8 Kflex
    • 2.8.1 Kflex Details
    • 2.8.2 Kflex Major Business
    • 2.8.3 Kflex Refrigeration Insulation Material Product and Services
    • 2.8.4 Kflex Refrigeration Insulation Material Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.8.5 Kflex Recent Developments/Updates
  • 2.9 Aspen Aerogel
    • 2.9.1 Aspen Aerogel Details
    • 2.9.2 Aspen Aerogel Major Business
    • 2.9.3 Aspen Aerogel Refrigeration Insulation Material Product and Services
    • 2.9.4 Aspen Aerogel Refrigeration Insulation Material Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.9.5 Aspen Aerogel Recent Developments/Updates
  • 2.10 ROCKWOOL Group
    • 2.10.1 ROCKWOOL Group Details
    • 2.10.2 ROCKWOOL Group Major Business
    • 2.10.3 ROCKWOOL Group Refrigeration Insulation Material Product and Services
    • 2.10.4 ROCKWOOL Group Refrigeration Insulation Material Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.10.5 ROCKWOOL Group Recent Developments/Updates

3 Competitive Environment: Refrigeration Insulation Material by Manufacturer

  • 3.1 Global Refrigeration Insulation Material Sales Quantity by Manufacturer (2020-2025)
  • 3.2 Global Refrigeration Insulation Material Revenue by Manufacturer (2020-2025)
  • 3.3 Global Refrigeration Insulation Material Average Price by Manufacturer (2020-2025)
  • 3.4 Market Share Analysis (2024)
    • 3.4.1 Producer Shipments of Refrigeration Insulation Material by Manufacturer Revenue ($MM) and Market Share (%): 2024
    • 3.4.2 Top 3 Refrigeration Insulation Material Manufacturer Market Share in 2024
    • 3.4.3 Top 6 Refrigeration Insulation Material Manufacturer Market Share in 2024
  • 3.5 Refrigeration Insulation Material Market: Overall Company Footprint Analysis
    • 3.5.1 Refrigeration Insulation Material Market: Region Footprint
    • 3.5.2 Refrigeration Insulation Material Market: Company Product Type Footprint
    • 3.5.3 Refrigeration Insulation Material Market: Company Product Application Footprint
  • 3.6 New Market Entrants and Barriers to Market Entry
  • 3.7 Mergers, Acquisition, Agreements, and Collaborations

4 Consumption Analysis by Region

  • 4.1 Global Refrigeration Insulation Material Market Size by Region
    • 4.1.1 Global Refrigeration Insulation Material Sales Quantity by Region (2020-2031)
    • 4.1.2 Global Refrigeration Insulation Material Consumption Value by Region (2020-2031)
    • 4.1.3 Global Refrigeration Insulation Material Average Price by Region (2020-2031)
  • 4.2 North America Refrigeration Insulation Material Consumption Value (2020-2031)
  • 4.3 Europe Refrigeration Insulation Material Consumption Value (2020-2031)
  • 4.4 Asia-Pacific Refrigeration Insulation Material Consumption Value (2020-2031)
  • 4.5 South America Refrigeration Insulation Material Consumption Value (2020-2031)
  • 4.6 Middle East & Africa Refrigeration Insulation Material Consumption Value (2020-2031)

5 Market Segment by Type

  • 5.1 Global Refrigeration Insulation Material Sales Quantity by Type (2020-2031)
  • 5.2 Global Refrigeration Insulation Material Consumption Value by Type (2020-2031)
  • 5.3 Global Refrigeration Insulation Material Average Price by Type (2020-2031)

6 Market Segment by Application

  • 6.1 Global Refrigeration Insulation Material Sales Quantity by Application (2020-2031)
  • 6.2 Global Refrigeration Insulation Material Consumption Value by Application (2020-2031)
  • 6.3 Global Refrigeration Insulation Material Average Price by Application (2020-2031)

7 North America

  • 7.1 North America Refrigeration Insulation Material Sales Quantity by Type (2020-2031)
  • 7.2 North America Refrigeration Insulation Material Sales Quantity by Application (2020-2031)
  • 7.3 North America Refrigeration Insulation Material Market Size by Country
    • 7.3.1 North America Refrigeration Insulation Material Sales Quantity by Country (2020-2031)
    • 7.3.2 North America Refrigeration Insulation Material Consumption Value by Country (2020-2031)
    • 7.3.3 United States Market Size and Forecast (2020-2031)
    • 7.3.4 Canada Market Size and Forecast (2020-2031)
    • 7.3.5 Mexico Market Size and Forecast (2020-2031)

8 Europe

  • 8.1 Europe Refrigeration Insulation Material Sales Quantity by Type (2020-2031)
  • 8.2 Europe Refrigeration Insulation Material Sales Quantity by Application (2020-2031)
  • 8.3 Europe Refrigeration Insulation Material Market Size by Country
    • 8.3.1 Europe Refrigeration Insulation Material Sales Quantity by Country (2020-2031)
    • 8.3.2 Europe Refrigeration Insulation Material Consumption Value by Country (2020-2031)
    • 8.3.3 Germany Market Size and Forecast (2020-2031)
    • 8.3.4 France Market Size and Forecast (2020-2031)
    • 8.3.5 United Kingdom Market Size and Forecast (2020-2031)
    • 8.3.6 Russia Market Size and Forecast (2020-2031)
    • 8.3.7 Italy Market Size and Forecast (2020-2031)

9 Asia-Pacific

  • 9.1 Asia-Pacific Refrigeration Insulation Material Sales Quantity by Type (2020-2031)
  • 9.2 Asia-Pacific Refrigeration Insulation Material Sales Quantity by Application (2020-2031)
  • 9.3 Asia-Pacific Refrigeration Insulation Material Market Size by Region
    • 9.3.1 Asia-Pacific Refrigeration Insulation Material Sales Quantity by Region (2020-2031)
    • 9.3.2 Asia-Pacific Refrigeration Insulation Material Consumption Value by Region (2020-2031)
    • 9.3.3 China Market Size and Forecast (2020-2031)
    • 9.3.4 Japan Market Size and Forecast (2020-2031)
    • 9.3.5 South Korea Market Size and Forecast (2020-2031)
    • 9.3.6 India Market Size and Forecast (2020-2031)
    • 9.3.7 Southeast Asia Market Size and Forecast (2020-2031)
    • 9.3.8 Australia Market Size and Forecast (2020-2031)

10 South America

  • 10.1 South America Refrigeration Insulation Material Sales Quantity by Type (2020-2031)
  • 10.2 South America Refrigeration Insulation Material Sales Quantity by Application (2020-2031)
  • 10.3 South America Refrigeration Insulation Material Market Size by Country
    • 10.3.1 South America Refrigeration Insulation Material Sales Quantity by Country (2020-2031)
    • 10.3.2 South America Refrigeration Insulation Material Consumption Value by Country (2020-2031)
    • 10.3.3 Brazil Market Size and Forecast (2020-2031)
    • 10.3.4 Argentina Market Size and Forecast (2020-2031)

11 Middle East & Africa

  • 11.1 Middle East & Africa Refrigeration Insulation Material Sales Quantity by Type (2020-2031)
  • 11.2 Middle East & Africa Refrigeration Insulation Material Sales Quantity by Application (2020-2031)
  • 11.3 Middle East & Africa Refrigeration Insulation Material Market Size by Country
    • 11.3.1 Middle East & Africa Refrigeration Insulation Material Sales Quantity by Country (2020-2031)
    • 11.3.2 Middle East & Africa Refrigeration Insulation Material Consumption Value by Country (2020-2031)
    • 11.3.3 Turkey Market Size and Forecast (2020-2031)
    • 11.3.4 Egypt Market Size and Forecast (2020-2031)
    • 11.3.5 Saudi Arabia Market Size and Forecast (2020-2031)
    • 11.3.6 South Africa Market Size and Forecast (2020-2031)

12 Market Dynamics

  • 12.1 Refrigeration Insulation Material Market Drivers
  • 12.2 Refrigeration Insulation Material Market Restraints
  • 12.3 Refrigeration Insulation Material Trends Analysis
  • 12.4 Porters Five Forces Analysis
    • 12.4.1 Threat of New Entrants
    • 12.4.2 Bargaining Power of Suppliers
    • 12.4.3 Bargaining Power of Buyers
    • 12.4.4 Threat of Substitutes
    • 12.4.5 Competitive Rivalry

13 Raw Material and Industry Chain

  • 13.1 Raw Material of Refrigeration Insulation Material and Key Manufacturers
  • 13.2 Manufacturing Costs Percentage of Refrigeration Insulation Material
  • 13.3 Refrigeration Insulation Material Production Process
  • 13.4 Industry Value Chain Analysis

14 Shipments by Distribution Channel

  • 14.1 Sales Channel
    • 14.1.1 Direct to End-User
    • 14.1.2 Distributors
  • 14.2 Refrigeration Insulation Material Typical Distributors
  • 14.3 Refrigeration Insulation Material Typical Customers

15 Research Findings and Conclusion

    16 Appendix

    • 16.1 Methodology
    • 16.2 Research Process and Data Source

    According to our (Global Info Research) latest study, the global Refrigeration Insulation Material market size was valued at US$ 3017 million in 2024 and is forecast to a readjusted size of USD 4361 million by 2031 with a CAGR of 5.5% during review period.
    In this report, we will assess the current U.S. tariff framework alongside international policy adaptations, analyzing their effects on competitive market structures, regional economic dynamics, and supply chain resilience.
    Refrigeration insulation materials are specifically designed to provide thermal insulation and prevent heat transfer in refrigeration systems. These materials are used to insulate various components of refrigeration systems, including pipes, ducts, tanks, and equipment, to maintain optimal temperature levels and improve energy efficiency.
    The main purpose of refrigerator insulation is to reduce heat gain or loss, ensuring that the desired temperature is maintained within the refrigerated space. By minimizing heat transfer, insulation materials help to prevent energy wastage, reduce refrigeration equipment workload, and enhance the overall performance of the system.
    The global refrigeration insulation material market refers to the market for insulation materials used in refrigeration systems. It encompasses a wide range of materials, including foam insulation, fiberglass, mineral wool, aerogel, and others, which are specifically designed to provide thermal insulation in refrigeration applications.
    The market for refrigeration insulation materials is driven by several factors, including the increasing demand for energy-efficient refrigeration systems, stringent regulations and standards for energy conservation, and the growing awareness of environmental sustainability. Insulation plays a crucial role in reducing heat transfer and improving energy efficiency in refrigeration systems, leading to lower energy consumption and operational costs.
    The market is also influenced by the growth of the refrigeration industry in various sectors such as food and beverage, healthcare, retail, and logistics. With the expanding cold chain infrastructure and increasing demand for temperature-controlled storage and transportation, there is a growing need for effective insulation materials to maintain the desired temperature levels and meet the regulatory requirements for food safety and product quality.
    Additionally, technological advancements and product innovations in insulation materials, such as the development of high-performance foam insulation and aerogel-based solutions, are driving market growth. These advanced materials offer superior thermal resistance, moisture resistance, fire safety, and durability, thereby contributing to improved refrigeration system performance.
    The global refrigeration insulation material market is highly competitive and includes both global and regional manufacturers and suppliers. Key market players include companies such as Rockwool International, Armacell, Kingspan Group Plc, Owens Corning, and BASF SE, among others. These companies invest in research and development to introduce innovative products, expand their product portfolios, and cater to the evolving needs of the market.
    Geographically, the market is spread across regions such as North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa. The demand for refrigeration insulation materials varies across these regions based on factors like industrial development, government regulations, and the presence of end-user industries.
    This report is a detailed and comprehensive analysis for global Refrigeration Insulation Material 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 2025, are provided.
    Key Features:
    Global Refrigeration Insulation Material market size and forecasts, in consumption value ($ Million), sales quantity (Kiloton), and average selling prices (US$/Ton), 2020-2031
    Global Refrigeration Insulation Material market size and forecasts by region and country, in consumption value ($ Million), sales quantity (Kiloton), and average selling prices (US$/Ton), 2020-2031
    Global Refrigeration Insulation Material market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (Kiloton), and average selling prices (US$/Ton), 2020-2031
    Global Refrigeration Insulation Material market shares of main players, shipments in revenue ($ Million), sales quantity (Kiloton), and ASP (US$/Ton), 2020-2025
    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 Refrigeration Insulation Material
    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 Refrigeration Insulation Material market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Armacell, Owens Corning, Kingspan Group Plc, Morgan Advanced Materials, Etex, Isover, BASF SE, Kflex, Aspen Aerogel, ROCKWOOL Group, etc.
    This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
    Market Segmentation
    Refrigeration Insulation Material market is split by Type and by Application. For the period 2020-2031, 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
    Elastomeric Foam
    PU & PIR
    Polystyrene Foam
    Fiberglass
    Phenolic Foam
    Others
    Market segment by Application
    Food & Beverage
    Chemicals & Pharmaceuticals
    Oil & Gas and Petrochemicals
    Others
    Major players covered
    Armacell
    Owens Corning
    Kingspan Group Plc
    Morgan Advanced Materials
    Etex
    Isover
    BASF SE
    Kflex
    Aspen Aerogel
    ROCKWOOL Group
    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 Refrigeration Insulation Material product scope, market overview, market estimation caveats and base year.
    Chapter 2, to profile the top manufacturers of Refrigeration Insulation Material, with price, sales quantity, revenue, and global market share of Refrigeration Insulation Material from 2020 to 2025.
    Chapter 3, the Refrigeration Insulation Material competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.
    Chapter 4, the Refrigeration Insulation Material breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2020 to 2031.
    Chapter 5 and 6, to segment the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2020 to 2031.
    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 2020 to 2025.and Refrigeration Insulation Material market forecast, by regions, by Type, and by Application, with sales and revenue, from 2026 to 2031.
    Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.
    Chapter 13, the key raw materials and key suppliers, and industry chain of Refrigeration Insulation Material.
    Chapter 14 and 15, to describe Refrigeration Insulation Material sales channel, distributors, customers, research findings and conclusion.

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