There were 1,854 press releases posted in the last 24 hours and 311,060 in the last 365 days.

Cryogenic Insulation Market Trend 2022-2028 | Rising demand for LNG as fuel and environmental awareness

Reports And Data

Reports And Data

Cryogenic Insulation Market size- USD 2.92 Billion in 2020, Growth- CAGR of 7.3%, Trends- Launch of improved insulations and research and development.

NEW YORK CITY, NEW YORK, UNITED STATES, July 22, 2022 / -- According to the current analysis of Reports and Data, the global cryogenic insulation market was valued at USD 2.92 Billion in 2020 and is expected to reach USD 5.11 Billion by year 2028, at a CAGR of 7.3 %. Cryogenics are materials that reach very low temperatures. The temperatures scales for cryogenics are not very well defined. However, it is believed that a gas is cryogenic if it can be liquefied at a temperature as low as -150°. In simple terms, cryogenic is fundamentally about energy and insulation is about energy conservation. With the rising focus on thermal isolation, the use of cryogenics and low temperature refrigeration is taking more and more significant role. In the recent times, it has become prominent due to the increasing awareness and its versatility in application. It has become a major requirement throughout industries, from food industry, transportation, energy and medical application to Space Shuttles. No matter where its application lies, cryogenic liquids must be stored, handled and transferred from one point to another. The growing demand for LNG and LPG across several sectors such as automotive, power and energy, domestic and commercial fuel. This is boosting the natural gas exploration initiatives, thus requiring cryogenic insulation.

Access Free sample PDF Copy of the Report @

Major companies Lydall Inc., Aspen Aerogels, Dunmore, Kaefer, Armacell International Holding GmbH, BASF, Vita Group, and Rochling Group

Further key findings from the report suggest

The cryogenic insulation market has been categorised into various tools and equipment such as tanks, pumps, valves etc. Essentially, it comes in three forms namely, foam, bulk-fill and multi-layer. Multi-layer form of insulation is further categorised into two namely, films and foils. Each type of cryogenic insulation comes under any one of the forms
Continuous developments in this field have too played a role in encouraging the consumers and driving them towards the market. The varied applicability of cryogenic insulation throughout several industries has also been identified as an important driving factor.
Scientific and Technological developments in this field has caught the attention of various sectors. For instance, the most recent development in January 2019, Quantum Cryogenics launched indirect whole body cryotherapy chamber that delivers ultra- cold temperature that has been chilled using liquid nitrogen.
Due to an increase in LNG terminals, storage tanks and ships carrying LNG, a substantial amount of insulating materials are required. Also a rise in environmental regulations regarding carbon dioxide emission is seen to be propelling the market.
Rising demand for LNG as fuel and environmental awareness acts as one of the key factors driving the market.

To know more about the report @

Segments covered in the report:

By Type (Revenue in USD Million; 2020–2028)

Cellular glass
Perlite insulation
Polyurethane (PU)
Polyisocyanurate (PIR)

By Application (Revenue in USD Million; 2020–2028)

Energy and Power

By Form (Revenue in USD Million; 2020–2028)


Ask for Customize Research Report @

Regional Outlook (Revenue, USD Billion; 2018-2028)

North America
Asia Pacific
Latin America
Middle East & Africa

Browse More Related Research Reports:

Phosphoric Fertilizers Market:

Nonwoven Fabrics Market:

Sulfur Fertilizers Market:

Downhole Tools Market:

About Us:
Reports and Data is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target, and analyze consumer behavior shifts across demographics, across industries, and help clients to make smarter business decisions. We offer market intelligence studies ensuring relevant and fact-based research across multiple industries, including Healthcare, Touch Points, Chemicals, Products, and Energy. We consistently update our research offerings to ensure our clients are aware of the latest trends existent in the market. Reports and Data has a strong base of experienced analysts from varied areas of expertise. Our industry experience and ability to develop a concrete solution to any research problems provides our clients with the ability to secure an edge over their respective competitors.

Tushar Rajput
Reports and Data
+ 12127101370
email us here
Visit us on social media: