The Cold Insulation Market Overview 2025 report reveals that the market size has grown significantly over the past few years, with projections indicating further expansion.
The market size of the cold insulation has seen significant growth recently. It was valued at $6.79 billion in 2024 and is projected to reach $7.47 billion in 2025 with a compound annual growth rate (CAGR) of 10.1%.
The Cold Insulation Global Market Report 2025 predicts that the market size will reach $11.12 billion in 2029, growing at a compound annual growth rate (CAGR) of 10.4%.
Download Your Free Sample of the 2025 Cold Insulation Market Report and Uncover Key Trends Now!The key drivers in the cold insulation market are:
• Rising demand for eco-friendly insulation materials
• Expansion of cold chain logistics
• Growing requirements for biopharmaceuticals and vaccines
• Increasing need for cold storage in renewable energy sector and infrastructure development.
The cold insulation market covered in this report is segmented –
1) By Material Type: Fiber Glass, Polyurethane Foam, Polystyrene Foam, Phenolic Foam, Other Materials
2) By Insulation Type: Fibrous, Cellular, Granular
3) By End-Use Industry Type: Heating, Ventilation, and Air Conditioning, Refrigeration, Oil & Gas, Chemicals, Other End-Use Industry
The key trends in the green coatings market are:
• The shift towards green insulation materials is a notable upcoming trend.
• Expansion in cold chain logistics is significantly shaping the future of the market.
• Increased need for renewable energy cold storage is influencing market trends.
• There is a rising trend of adoption of innovative sustainable building practices and advanced refrigeration technologies.
Major companies 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
• Amerisol
• Superlon
• Aerolam Insulations
Asia-Pacific was the largest region in the cold insulation market in 2024