Cryogenic Insulation Market estimated to grow up to 3.3 Billion USD by 2023

According to the new market research report [143 Pages] "Cryogenic Insulation Market by Type (PU & PIR, Cellular Glass, Polystyrene, Fiberglass, Perlite), Cryogenic Equipment (Tanks, Valves), End-Use Industry (Energy & Power, Chemicals, Metallurgical, Electronics, Shipping) - Global Forecast to 2023", published by MarketsandMarkets™, the Cryogenic Insulation Market is projected to reach USD 3.3 billion by 2023, at a CAGR of 7.20% from USD 2.3 billion in 2018.

Request for PDF of report: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=193543376

Drivers & Opportunities in global industry:

Rising Demand for LNG as Fuel
Rising Environmental Awareness
Growing Demand for Cryogenic Technologies From Space Applications

Players in the cryogenic insulation market are mainly concentrating on new product launches, agreements, and expansions to meet the growing demand for cryogenic insulation for various applications. New product launches help companies to strengthen their product portfolio and meet specific demands of customers.

The growth of the cryogenic insulation market has been largely influenced by new product launches, agreements, and expansions that have taken place between 2013 and 2018. Companies such as Lydall Inc. (US), Cabot Corporation (US), Rochling Group (Germany), and Johns Manville Inc. (US) have adopted new product launches and agreements to enhance their product offerings.

Lydall Inc. is one of the leading players in the cryogenic insulation market. In order to expand its business, Lydall is focusing on enhancing its market reach by entering new markets and is introducing new products. For instance, Lydall Inc. launched a super-insulating cryogenic media named Cryotherm 233B made from non-biopersistent glass microfibers in March 2014. This enables the company to expand its product offerings. The company closely follows trends in technology, innovations, and regulations, which enables it to serve its customers with advanced products.

Cabot Corporation is focusing its attention on innovation and R&D through identification and development of products. The company is introducing various innovative products to cater to the specific needs of its customers. The company also adopted agreement as a strategy to increase its market share and cater to the increasing demand for cryogenic insulation. For instance, Cabot Corporation entered into an agreement with Johns Manville Industrial Insulation Group (IIG) in May 2016. The agreement will enable both companies to produce high-performance insulation for oil & gas applications using Cabot’s proprietary technology and aerogel products.

The APAC cryogenic insulation market accounted for the largest share in the global market. The market in the region is driven by the high demand from rapidly growing end-use industries such as energy & power. Rising demand for LNG, increasing investment in the energy sector, urbanization, industrialization, and infrastructural development are expected to drive the cryogenic insulation market during the forecast period.

Early buyers will receive 10% customization on this report.

Don't miss out on business opportunities in Cryogenic Insulation Market.

Speak to Our Analyst and gain crucial industry insights that will help your business grow.

https://www.marketsandmarkets.com/speaktoanalystNew.asp?id=193543376

About MarketsandMarkets

MarketsandMarkets is the largest market research firm worldwide in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to a multitude of clients across 8 different industrial verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications.

Contact:
Mr. Shelly Singh
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA: 1-888-600-6441
sales@marketsandmarkets.com

Global Double Sided Tape Market intelligence with competitive landscape till 2023

The double sided tape market is estimated at USD 9.41 Billion in 2018 and is projected to reach USD 13.15 Billion by 2023, at a CAGR of 6.93% between 2018 and 2023. Double side tapes have backing materials such as foam, film, paper/tissue, cloth, cotton, fiberglass, metal, and cellulose which are coated on both sides with an adhesive. Double side tapes adhere to a variety of substrates with light pressure (finger pressure) or with no phase change (liquid to solid). The main resins used in double sided tapes include acrylic, rubber silicone, and others (EVA and polyurethane), with acrylic resin holding the major market share. The main technologies used by manufacturers of double sided tapes are solvent, water, and hot-melt based globally, with the solvent-based technology holding the major market share. Request for free PDF Sample Report: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=24592600 Drivers & Opportunities in global industry: Growing Use

Gas Treatment Market Expected to Collect 4.96 Billion USD by 2023 with industry Leaders & Key Revenue Pockets

[109 Pages Report] The market size of Gas Treatment is estimated at USD 3.76 billion in 2018 and is projected to reach USD 4.96 billion by 2023, at a CAGR of 5.7% from 2018 to 2023. Major companies operating in this market such as DowDuPont Inc. (US), Huntsman International LLC (US), BASF SE (Germany), Ecolab Inc. (US), and Berryman Chemicals Inc. (US) have adopted both organic and inorganic growth strategies such as investments & expansions, new product launches, and agreements to serve their customers efficiently and increase their market shares. Request for PDF of the report: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=167226464 Drivers & Opportunities in global industry: Growing Demand for Natural Gas Stringent Air Pollution Control Regulations Discovery of New Gas Fields The increasing demand for natural gas in various regions will boost the demand for gas treatment application. Owing to the increasing u

Flexible Plastic Packaging Market with Market Leaders & Key Revenue Pockets Expected to Collect 131.65 Billion USD by 2022

The report [215 pages] " Flexible Plastic Packaging Market by Type (Stand-Up Pouches, Flat Pouches, Gusseted Bags, Wicketed Bags, Wraps, Rollstock), Material (Plastic Films, Paper, Aluminum Foil, Bioplastics), Printing Technology, Application, and Region - Global Forecast to 2022", is projected to grow from USD 102.19 Billion in 2017 to reach USD 131.65 Billion by 2022, at a CAGR of 5.2%. The global flexible plastic packaging market is witnessing a growth in demand, owing to the rise in manufacturing activities and growth in the demand for conveniently packaged products. The growth in the demand from the food & beverage industry also provides an opportunity for market growth, especially in the emerging Asia-Pacific and South American regions. Request for free PDF sample report: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=1271 Drivers & Opportunities in global industry: · Cost-effectiveness & increased shelf life of the product

Chemical, Building Construction Materials & Packaging

Search This Blog