PUBLISHER: QYResearch | PRODUCT CODE: 1104934
PUBLISHER: QYResearch | PRODUCT CODE: 1104934
Due to the COVID-19 pandemic, the global LNG Insulation Panel market size is estimated to be worth US$ 645.84 million in 2021 and is forecast to a readjusted size of US$ 2783.56 million by 2028 with a CAGR of 23.98% during the review period.
The global main manufacturers of LNG Insulation Panel include Hankuk Carban, Dongsung Finetec, Yoke Technology, Meisei, Kawasaki, Kingspan Group (Dyplast/LOGSTOR), and Roechling, etc. In 2021, the global six largest players have a share approximately 94.05% in terms of revenue.
The North America LNG Insulation Panel market is estimated at US$ 67.55 million in 2021, while China is forecast to reach US$ 469.97 million by 2028. The proportion of the China is 16.33% in 2021 and it is predicted that the share will reach 16.88% in 2028, trailing a CAGR of 24.49% through the analysis period. As for the Europe LNG Insulation Panel landscape, Germany is projected to reach US$ 158.86 million by 2028. and in Asia, the notable markets are Japan and South Korea, CAGR is 23.27% and 24.61% respectively for the next 6-year period.
Foaming Agent accounting for 79.8% of the LNG Insulation Panel global market in 2021, is projected to value US$ 515.38 million by 2028, growing at a revised 24.29% CAGR in the post-COVID-19 period. While LNG Receiving Station segment is altered to an 23.08% CAGR throughout this forecast period and will hold a share about 23.25% in 2028.
The global LNG Insulation Panel market is segmented by region (country), company, by Type, and by Application. Players, stakeholders, and other participants in the global LNG Insulation Panel market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region (country), by Type, and by Application for the period 2017-2028.