PUBLISHER: The Business Research Company | PRODUCT CODE: 1929934
PUBLISHER: The Business Research Company | PRODUCT CODE: 1929934
Cold insulation involves the use of insulation services to insulate various operational mechanical components, maintaining specific temperatures typically lower than the ambient temperature during manufacturing processes. These materials are applied to coat mechanical components, preventing issues such as condensation, moisture intrusion, long-term degradation, and other challenges in the manufacturing environment.
The primary types of cold insulation materials include fiberglass, polyurethane foam, polystyrene foam, phenolic foam, and other materials. Fiberglass comprises thin glass fibers that impede the spread of heat and cold, limiting airflow in residential and commercial projects. Various insulation types, such as fibrous, cellular, and granular insulation, are utilized across diverse industries, including heating, ventilation, air conditioning, refrigeration, oil and gas, chemicals, and others.
Note that the outlook for this market is being affected by rapid changes in trade relations and tariffs globally. The report will be updated prior to delivery to reflect the latest status, including revised forecasts and quantified impact analysis. The report's Recommendations and Conclusions sections will be updated to give strategies for entities dealing with the fast-moving international environment.
Tariffs are impacting the cold insulation market by increasing costs of imported polymer foams, fiberglass materials, aerogels, and insulation processing equipment. Industrial users in North America and Europe are most affected due to reliance on imported specialty insulation products, while Asia-Pacific faces cost pressures on export-oriented insulation manufacturing. These tariffs are increasing installation costs and project budgets. However, they are also encouraging regional insulation material production, local supplier development, and innovation in cost-efficient and recyclable insulation solutions.
The cold insulation market research report is one of a series of new reports from The Business Research Company that provides cold insulation market statistics, including cold insulation industry global market size, regional shares, competitors with a cold insulation market share, detailed cold insulation market segments, market trends and opportunities, and any further data you may need to thrive in the cold insulation industry. This cold insulation market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The cold insulation market size has grown rapidly in recent years. It will grow from $7.4 billion in 2025 to $8.17 billion in 2026 at a compound annual growth rate (CAGR) of 10.3%. The growth in the historic period can be attributed to expansion of industrial refrigeration facilities, growth in oil and gas processing infrastructure, rising use of hvac systems, increasing demand for moisture control solutions, availability of advanced insulation materials.
The cold insulation market size is expected to see strong growth in the next few years. It will grow to $11.93 billion in 2030 at a compound annual growth rate (CAGR) of 9.9%. The growth in the forecast period can be attributed to expansion of pharmaceutical cold storage capacity, increasing demand for energy-efficient insulation, rising investments in liquefied gas infrastructure, growing focus on sustainability compliance, adoption of advanced aerogel insulation systems. Major trends in the forecast period include increasing adoption of high-performance insulation materials, rising demand for condensation control solutions, expansion of cold chain infrastructure, growing use of lightweight insulation systems, enhanced focus on long-term thermal efficiency.
Rising construction activities are expected to drive growth in the cold insulation market going forward. The construction sector encompasses the business of building, maintaining, and repairing structures, including drilling and mineral exploration. Cold insulation is applied in construction to reduce heat transfer from the insulated object to the surrounding environment. The use of cold insulation materials offers benefits such as preventing condensation, reducing moisture intrusion, and mitigating long-term structural issues. For instance, in July 2024, according to the US Census Bureau, a US-based government agency, the value of construction operations increased from $2.01 trillion in May 2023 to $2.14 trillion in May 2024. Therefore, rising construction activities are driving the cold insulation market.
Leading companies in the cold insulation market are focusing on advanced solutions such as vacuum-insulated structure (VIS) technologies, designed to replace traditional foam-based insulation systems. Vacuum-insulated structures are high-performance insulation technologies that minimize heat transfer, reduce material bulk, and enhance energy efficiency. For example, in November 2023, Whirlpool Corporation, a US-based home appliance manufacturer, launched SlimTech Insulation Technology for refrigerators. This innovation uses a proprietary vacuum-sealed structure to replace conventional polyurethane-foam insulation, reducing wall thickness while increasing internal storage capacity. It provides faster, more consistent cooling, improves energy efficiency, allows flexible interior designs, and supports sustainability through more recyclable materials.
In September 2024, Krempel GmbH, a Germany-based provider of insulation materials and technical laminates, acquired EIC Insulation Company for an undisclosed amount. This acquisition enhances Krempel's global presence in the Americas and strengthens its product portfolio, ensuring energy sector customers have access to a complete lineup of cold insulation products more efficiently at their production sites. EIC Insulation Company is a Mexico-based firm specializing in high-quality cold insulation systems for various industrial applications.
Major companies operating in the cold insulation market are BASF SE, Huntsman Corporation, The Dow Chemical Company, Armacell International Holding Gmbh, Aspen Aerogel Inc., Evonik Industries AG, Owens Corning, Dongsung Finetec Corporation, Certain Teed Corporation, Pittsburgh Corning Corporation, Covestro AG, Rockwool International, Bradford Insulation Industries Ltd., Arabian Fiber Glass Insulation Co. Ltd., Unifrax, Nichias Corporation, Paroc Group, NMC Insulation, ODE Insulation, Aeroflex, PPG Industries, DUNMORE Corporation, Fletcher Insulation, Flexi-Therm, Amerisol, Superlon, Aerolam Insulations
Asia-Pacific was the largest region in the cold insulation market in 2025. The regions covered in the cold insulation market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The countries covered in the cold insulation market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
The cold insulation market includes revenues earned by entities by providing more accurate control of process temperatures to prevent heat loss or heat gain. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
Cold Insulation Market Global Report 2026 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses cold insulation market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Where is the largest and fastest growing market for cold insulation ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward, including technological disruption, regulatory shifts, and changing consumer preferences? The cold insulation market global report from the Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, total addressable market (TAM), market attractiveness score (MAS), competitive landscape, market shares, company scoring matrix, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
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