Industrial Insulation Global Market Report 2023 – By Form (Pipe, Blanket, Board, Other Forms), By Material (Mineral Wool, Calcium Silicate, Plastic foams, Other Materials), By End-Use Industry (Power, Oil and Gas, Chemical, Petrochemical, Cement, Food and Beverage, Other End-Use Industries) – Market Size, Trends, And Global Forecast 2023-2032

Cold insulation refers to an insulation service that is used to insulate various operating mechanical components to maintain specific temperatures, usually lower than the ambient in the manufacturing process. Cold insulations are materials used in coating various mechanical components to maintain a lower temperature in the process, which prevents the process of condensation, intrusion, moisture, long-term degradation, and others in manufacturing. The main types of cold insulation materials are fiberglass, polyurethane foam, polystyrene foam, phenolic foam, and other materials. The fibreglass material refers to thin glass fibres which slow down the spread of heat and cold in residential and commercial projects by limiting the airflow. The various insulation types include fibrous, cellular, and granular insulation that is used by several end-user industries such as heating, ventilation, air conditioning, refrigeration, oil and gas, chemicals, and other end-user industries. The global cold insulation market 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 global cold insulation market size grew from $5.6 billion in 2022 to $6.13 billion in 2023 at a compound annual growth rate (CAGR) of 9.4%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of the global cold insulation is expected to grow to $8.63 billion in 2027 at a CAGR of 8.9%. The increasing demand for refrigeration and air-conditioning devices is expected to propel the growth of the cold insulation market going forward. Refrigeration devices refer to the devices used to remove heat from an enclosed space or from a substance to lower the temperature, whereas air conditioning devices refer to equipment that cools, heats, or dehumidifies spaces in residential or non-residential settings. Cold insulation helps refrigeration and air conditioning devices by reducing energy loss and avoiding condensation in the unit to keep it cool and dry. For instance, in March 2022, according to an article shared by The Economic Times, an India-based business-focused daily newspaper, sales of cooling appliances increased by 15% in the year 2020 as compared to 2019 as stated by major consumer electronics manufacturing companies such as Haier, Godrej Appliances, and Lloyd. Therefore, increasing demand for refrigeration and air-conditioning devices is driving the cold insulation market growth. Major players in the cold insulation market are BASF SE, Huntsman Corporation, The Dow Chemical Company, Armacell International Holding Gmbh, Aspen Aerogel Inc., Bayer Material Science, Evonik Industries AG, Owens Corning, Dongsung Finetec Corporation, Certain Teed Corporation, Pittsburgh Corning Corporation, Covestro AG, Rockwool International, Bradford Insulation Industries Ltd., and Arabian Fiber Glass Insulation Co. Ltd. Product innovations are a key trend gaining popularity in the cold insulation market. Major companies operating in the cold insulation market are focused on developing innovative products to strengthen their position in the cold insulation market. For instance, in August 2020, Armacell, a Luxembourg-based manufacturer of industrial foams and flexible insulation materials operating in the cold insulation market, launched the family-brand ArmaPET, which is a flexible aerogel blanket of the newest generation for cryogenic and dual-temperature applications, based on rPET foaming technology. The unique features of this insulation product include dual-temperature and high-temperature aerogel insulation properties, which broaden the temperature capabilities of the product from -180 oC to +650 oC. It offers extraordinarily low thermal conductivity, greater thermal performance, and a reduction in insulation thickness. In January 2021, Wynnchurch Capital, L.P., a US-based private equity investment firm, acquired Insulation Corporation of America for an undisclosed amount. The acquisition of Insulation Corporation of America is a natural fit with Drew and Huntington and is expected to strengthen Wynnchurch Capital’s platform by expanding its reach into new, unserved markets. Insulation Corporation of America is a US-based manufacturer of expanded polystyrene foam products for applications including building insulation, infrastructure construction, packaging, cold chain, and operating in the cold insulation market. Asia-Pacific was the largest region in the cold insulation market in 2022. The regions covered in this cold insulation market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the cold insulation market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. 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. 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.

Vacuum insulation refers to an insulation service that is used to provide better insulation performance than conventional insulation materials and to transport heat-sensitive products in extreme conditions and high temperatures. It is a flat element consisting of an open porous core material that withstands the external load caused by atmospheric pressure and a gas-tight envelope to maintain the required vacuum quality. The main types of vacuum insulation are flat-panel and special-shape panels. Flat panels are used for optimised temperature insulation that is based on the principle of the thermos flask. The various raw materials include plastics, metals, and core materials such as silica, fiberglass, and other core materials. These are used in construction, cooling and freezing devices, logistics, and other end-user industries. The global vacuum insulation market is segmented - 1) By Type: Flat Panel, Special Shape Panel 2) By Raw Material: Plastics, Metals 3) By Core Material: Silica, Fiberglass, Other Core Materials 4) By End-User Industry: Construction, Cooling and Freezing Devices, Logistics, Other End-User Industries The global vacuum insulation market size grew from $8.6 billion in 2022 to $9.27 billion in 2023 at a compound annual growth rate (CAGR) of 7.8%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of global vacuum insulation market is expected to grow to $12.33 billion in 2027 at a CAGR of 7.4%. Increased utilisation across cooling and freezing applications is expected to propel the growth of the vacuum insulation market going forward. Freezing applications use vacuum insulation to help keep food cool for a longer period than other coolers. Vacuum insulation is helpful for fast and safe refrigerated transport of medicines and pharmaceutical products. For instance, in March 2022, according to The Economic Times, an India-based business-focused daily newspaper, sales of cooling appliances increased by 15% in the year 2020 as compared to 2019 as stated by major consumer electronics manufacturing companies such as Haier, Godrej Appliances, and Lloyd. Therefore, the increased utilization across cooling and freezing applications is driving the vacuum insulation market. Major players in the vacuum insulation market are BASF SE, M&I Materials Limited, Morgan Advanced Materials (U.K.), Evonik Industries AG (Germany), LG Hausys (South Korea), Panasonic Corporation (Japan), Dow (U.S.), Kevothermal (Mexico), ThermoCor (U.S.), Va-Q-Tec AG (Germany), Microtherm Sentronic GmbH (Belgium), OCI Company Ltd. (Korea), AVERY DENNISON CORPORATION (U.S.), Kingspan Group (Ireland), KCC CORPORATION (South Korea), and OCI Company Ltd. (Korea). Technological advancements are a key trend gaining popularity in the vacuum insulation market. Major companies operating in vacuum insulation are developing new products with innovative technologies to strengthen their position in the market. For instance, in 2021, Panasonic Corporation, a Japan-based company operating in vacuum insulation, launched its innovative vacuum insulating product known as the VIXELL Vacuum Insulated Cooking Box, which uses contactless power supply technology to enable the user to determine insulation performance. In July 2021, Vitro Architectural Glass, the largest a US-based glass producer, acquired LandGlass and VIG Technologies for an undisclosed amount. Through this acquisition, Architectural Glass aims to expand its vacuum insulating glass products to North America. LandGlass and VIG Technologies are North American-based manufacturers of vacuum-insulated glass. Asia-Pacific was the largest region in the vacuum insulation market share in 2022. North America is expected to be the fastest-growing region in the forecast period. The regions covered in this global vacuum insulation market analysis report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the vacuum insulation market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The vacuum insulation market includes revenues earned by preventing heat loss through conduction. 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. The vacuum insulation market research report is one of a series of new reports from The Business Research Company that provides vacuum insulation market statistics, including vacuum insulation industry global market size, regional shares, competitors with a vacuum insulation market share, detailed vacuum insulation market segments, market trends and opportunities, and any further data you may need to thrive in the vacuum insulation industry. This vacuum insulation market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.

Insulated shipping packaging refers to a type of packaging that controls the temperature of a product and aids in shipping various items that are temperature-sensitive. Insulated packaging protects products from temperature and pressure fluctuations, as well as physical harm. The insulated shipping packaging is used for the preservation of product freshness and efficacy. The main types of insulated shipping packaging are pouches and bags, boxes and containers, and other types. Pouches and bags refer to small or medium-sized bags for storing or transferring stuff that is compact, lightweight thermal envelopes and are ideal for transporting flat or small temperature-sensitive items. The various materials include plastic, wood, glass, and other material that are used in food and beverages, industrial, pharmaceuticals, beauty and personal care, and other end-user applications. The global insulated shipping packaging market is segmented – 1) By Type: Pouch And Bags, Box And Containers, Other Type 2) By Material: Plastic, Wood, Glass, Other Material 3) By End User: Food And Beverages, Industrial, Pharmaceuticals, Beauty And Personal Care, Other End-User Applications The global insulated shipping packaging market size grew from $6.95 billion in 2022 to $7.37 billion in 2023 at a compound annual growth rate (CAGR) of 6.0%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services, causing inflation across goods and services and affecting many markets across the globe. The market size of global insulated shipping packaging is expected to grow to $9.41 billion in 2027 at a CAGR of 6.3%. An increase in the consumption of frozen food is contributing to the growth of the insulated shipping packaging market going forward. Frozen food refers to the food that has been subjected to rapid freezing and is kept frozen until used. Insulated shipping packaging is used to keep frozen food at a constant temperature. For instance, according to the American Frozen Food Institute, FMI Study, a US-based trade association, in 2020 frozen foods have a very high household penetration of 99.2% and grew by 21% compared to previous year. An increase in the consumption of frozen food will drive the growth of the insulated shipping packaging market. Major players in the insulated shipping packaging market are Amcor PLC, Cryopak, Davis Core & Pad Company, DS Smith PLC, DuPont (US), Innovative Energy, Inc., Marko Foam Products, Inc., Exeltainer, Sonoco Products Company, The Wool Packaging Company Limited, Thermal Packaging Solutions, Insulated Products Corporation, ICertech, CAMBRO, Carry Cool Enterprise, Cascades inc., Hydropac Limited, NanoCool (Pelican BioThermal) and Valor Industries. Technological advancements are a key trend gaining popularity in the insulated shipping packaging market. Major companies operating in insulated shipping packaging are developing new technologies to strengthen their position in the market. For instance, in September 2021, Lifoam Industries, a US-based company, launched Envirocooler insulated shippers with bioffex technology. BioffexTM technology combines a proprietary manufacturing technique with plant-based raw ingredients to produce revolutionary foam insulation made entirely of renewable materials. In November 2020, Wynnchurch Capital, a US-based private equity firm that offers investment services, acquired Drew Foam Companies Inc for an undisclosed amount. With Drew Foam Companies, Wynnchurch invested in a differentiated market, which fits their investment philosophy. Drew is a US-based manufacturing company providing custom-fabricated and molded expanded polystyrene products for packaging. The company specializes in manufacturing a variety of insulated shipping containers (ISC). North America was the largest region in the insulated shipping packaging market in 2022. The regions covered in the insulated shipping packaging market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the insulated shipping packaging market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The insulated shipping packaging market consists of sales of insulated boxes made from stainless steel or aluminum material. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. 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. The insulated shipping packaging market research report is one of a series of new reports from The Business Research Company that provides insulated shipping packaging market statistics, including insulated shipping packaging industry global market size, regional shares, competitors with an insulated shipping packaging market share, detailed insulated shipping packaging market segments, market trends and opportunities, and any further data you may need to thrive in the insulated shipping packaging industry. This insulated shipping packaging market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.

Industrial land development refers to the development of land for the manufacture or partial manufacture of goods industries. It is used to service land and subdivide real property into lots, for subsequent sale to builders for industrial construction. Servicing of land may include excavation work for the installation of roads and utility lines. The two major types of industrial land development are industrial development and other development. Industrial development refers to a construction project that includes a manufacturing or industrial process, such as the production of electricity, the processing of food and food by-products, etc. It is primarily used by two major end-user industries, such as residences and organizations. The global industrial land planning and development market is segmented – 1) By Type: Industrial Developments, and Other Developments 2) By Industry: Residential, and Organization The global industrial land planning and development market size will grow from $12.23 billion in 2022 to $13.19 billion in 2023 at a compound annual growth rate (CAGR) of 7.9%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of industrial land planning and development is expected to grow from $17.64 billion in 2027 at a CAGR of 7.5%. The growth in the industrial land planning and development market is due to the increasing population growth and increasing demand for industrial land. An increase in industrial warehouses is expected to propel the growth of the industrial land development market going forward. Warehouses refer to a place in the industry where raw materials are stored for manufacturing purposes. Warehouse is a part of industrial land development along with the construction of industry. It is also constructed to store raw material and finished goods. For instance, according to Economic Times, an India-based daily newspaper for the year 2021, e-commerce sectors continued to account for 60% of total absorption in 2020 which increased to 83% for the year 2021. Therefore, an increase in industrial warehouses is driving the growth of the industrial land development market. With the exponential expansion of industrial land, architects are designing inventory space vertically which would increase the utilization of the land without increasing its physical footprint. Major players in the industrial land planning and development market include Opus Group, ProLogis, Panattoni Development Co., IDI, and Duke Realty Corp. Technological advancements have emerged as a key trend gaining popularity in the industrial land planning and development market. Major companies operating in the market are focused on introducing new technologies to gain a competitive advantage. For instance, in 2021, Honeywell, a US-based industry-specific solutions company launched “The Honeywell Forge Real Estate Operations”. The new solution, which builds on Honeywell Forge's enterprise performance management capabilities, was created in collaboration with SAP, a Germany-based enterprise software company using the SAP Business Technology Platform. The cloud-based software solution for building owners and managers streamlines and combines operational and business data can help them make better decisions, increase efficiency, and work toward sustainability objectives. Asia-Pacific was the largest region in the industrial land planning and development market in 2022. The regions covered in industrial land planning and development market analysis report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the industrial land development market are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, USA. The industrial land development market includes revenues earned by entities by planning to maintain and grow existing industries while developing new industrial land uses. 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. The industrial land planning and development market research report is one of a series of new reports from The Business Research Company that provides industrial land planning and development market statistics, including industrial land planning and development industry global market size, regional shares, competitors with a industrial land planning and development market share, detailed industrial land planning and development market segments, market trends and opportunities, and any further data you may need to thrive in the industrial land planning and development industry. This industrial land planning and development 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.

Industrial control refers to electronic control systems that can control, monitor, and automate industrial processes with high precision, improved product quality, and reliability. The main types of control systems of industrial controls are distributed control systems (DCS), supervisory control and data acquisition system (SCADA,) and manufacturing execution system (MES). A distributed control system (DCS) is a platform for automated plant or industrial process control and operation. Human -machinerface (HMI), logic solvers, historian, common database, alarm management, and a common engineering suite are all combined into a DCS. The various component used includes modular terminal block relays and optocouplers, surge protectors, marking systems, printing, ferules cable lugs, handtools, testers, enclosure products, PCB connectors, and terminals, heavy-duty connectors, analog signal coconditionerselectronics housings, power supplies, industrial ethernet, and Remote IO. Industrial controls are used by automotive, utility, electronics and semiconductors, mining, and other end-users. The global industrial controls market is segmented - 1) By Control system: Distributed Control System (DCS), Supervisory Control & Data Acquisition System (SCADA), Manufacturing Execution System (MES) 2) By End User: Automotive, Utility, Electronics & Semiconductor, Mining, Other End Users 3) By Component: Modular Terminal Block, Relays and Optocouplers, Surge Protectors, Marking Systems, Printing, Ferulles Cable Lugs, Handtools, Testers, Enclosure Products, PCB Connetors and Terminals, Heavy Duty Connectors, Analog Signal Conditioner, Electronics Housings, Power Supplies, Industrial Ethernet, Remote IO The global industrial controls market size will grow from $136.82 billion in 2022 to $145.76 billion in 2023 at a compound annual growth rate (CAGR) of 6.5% . The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of the global industrial controls market is expected to grow to $179.89 billion in 2027 at a CAGR of 5.4% . The growth of manufacturing industries, especially in developing economies is expected to support the growth of the industrial controls market. Industrial controls are monitor and automate industrial processes with high precision, improved product quality, and reliability. For instance, in April 2022, according to Goldman Sachs, a US-based investment banking company, the Indian manufacturing sector had growth of 210% in the fiscal year 2021–2022, compared to the fiscal year 2020–21, as well as a substantial increase in new investment and ordering activity post the pandemic. Compared to 2019–20, the manufacturing sector saw a 460% increase in 2021–22. Similarly, in March 2022, according to the United Nations Industrial Development Organization (UNIDO), an Austrian based agency that assists in economic and industrial development, global manufacturing production increased by 9.4% in 2021. Thus, the growth of manufacturing industries will support the growth of the industrial controls market. Major players in the industrial controls market are ABB Ltd., Mitsubishi Electric Factory Automation, Siemens, Honeywell International Incorporation, Emerson Electric Company, Schneider Electric SA, Omron Corporation, Rockwell Automation, Yokogawa Electric Corporation, and Endress+Hauser . The industrial controls market is expected to be aided by rapid growth in investments in smart city projects in many countries globally. Industrial controls are being designed using artificial intelligence (AI) and the internet of things (IoT) that can support energy, telecommunications, surveillance, and other services. Smart city technologies are integrated with electrical and electronic components, thereby benefitting the companies operating in this market. According to the Indian Brand Equity Foundation (IBEF) report in March 2021, India-based government agency for providing economic information, the government of India announced the investment of $ 28.31 billion for the "Smart City Mission" in 2020 and additionally, by 2020, 176,059 crores (US$ 24.31 billion), or 86% of the total, will have been offered to complete projects. For instance, more than 1,000 smart city pilot projects are either ready for or are under construction globally and around 500 of these projects are in China. Malicious cyber-attacks due to a lack of security in industrial infrastructure are acting as a restraint on the industrial controls market. Industrial controls are increasingly being integrated with connected sensors and integrated data systems making them vulnerable to cyber-attacks. For instance, 156 tornado alarm systems in the US city of Dallas were hacked forcing authorities to shut down the emergency system. OEMs are increasingly outsourcing product design and development processes to EMS partners to reduce overall costs and shift from fixed costs to variable costs. Some OEMs are collaborating with EMS partners and moving into new business models such as joint design manufacturing (JDM) and outsourced design manufacturing (ODM). JDM model is further divided into high touch JDM and low touch JDM. ODM model focuses on qualification and system integration testing, thus indicating a shift in the industrial controls manufacturing process. In September 2020, Dover Corporation, an American conglomerate manufacturer of industrial products, acquired XanTec Steuerungs- und EDV-Technik (Maag) for an undisclosed amount. The acquisition enhances Maag’s automation solutions offering with internet of things-enabled technology and positions Maag to grow its presence in aftermarket, remote service, and monitoring solutions for the polymer processing industry and related markets. XanTec Steuerungs- und EDV-Technik (Maag), is a Switzerland-based provider of integrated and customizable process technology solutions for the polymer, chemical, petrochemical, pharmaceutical, and food industries. Asia-Pacific was the largest region in the industrial controls market in 2022. Western Europe was the second-largest region in the global industrial controls market share. The regions covered in the global industrial controls market report analysis are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the industrial controls market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK and USA. The industrial controls market consists of sales of supervisory control & data acquisition system (SCADA), distributed control system (DCS), manufacturing execution system (MES), and other industrial controls. Values in this market are factory gate values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. 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. The industrial controls market research report is one of a series of new reports from The Business Research Company that provides industrial controls market statistics, including industrial controls industry global market size, regional shares, competitors with an industrial controls market share, detailed industrial controls market segments, market trends and opportunities, and any further data you may need to thrive in the industrial controls industry. This industrial controls 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.

Industrial process variable instruments are defined as instruments that are used to measure, control, and record industrial variables such as temperature, flow, pressure, vacuum, combustion, level, viscosity, density, acidity, concentration, and rotation. Process variable instruments are used for measuring, displaying, indicating, recording, transmitting, and controlling industrial process variables. The industrial process variable can work mechanically, pneumatically, electronically, or electrically. The main types in the industrial process variable instruments market are temperature, pressure, level, flow, and others. The temperature segment in industrial process variable instruments refers to the process in which temperature will be recorded and processed in industries. It includes instruments such as transmitters and control valves that are used in chemicals, oil, and gas, electronic and electrical systems, and others. The global industrial process variable instruments market is segmented - 1) By Type: Temperature, Pressure, Level, Flow, Other Types 2) By Instrument: Transmitter, Control Valve 3) By Application: Chemicals, Oil & Gas, Electronic and Electrical, Other Applications The global industrial process variable instruments market size will grow from $53.44 billion in 2022 to $56.42 billion in 2023 at a compound annual growth rate (CAGR) of 5.6% . The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of the global industrial process variable instruments market is expected to grow to $68.29 billion in 2027 at a CAGR of 4.9% . The increasing demand for chemicals and oil and gas drives the growth of the industrial process variable instruments market. The industrial process variable instruments are used in oil and gas facilities for monitoring and controlling operating conditions. The operating conditions are monitored to meet safety, and environmental regulations, and to ensure stability in plant operations. The increased demand for oil and gas will require more production facilities to be set up, thus, increasing the demand for industrial process variable instruments. As reported by the International Energy Agency (IEA), the per-day production of oil is projected to be above 15 million barrels per day by 2040. Also, India Brand Equity Foundation (IBEF) predicts that the consumption of natural gas is stipulated to reach for natural gas 143.08 million tonnes by 2040. Thus, the growing demand for oil and gas holds a positive impact on the industrial process variable instruments market. Major players in the industrial process variable instruments market are ABB Ltd., Emerson Electric Company, Honeywell International Inc., Schneider Electric SE, Siemens AG, Ametek Inc., Applied Instrument Technologies Inc., Applitek NV, Arizona Instrument LLC., and Aventics GmbH . The complexity regarding the use of process variable instruments in the food industry restricts the growth of the industrial process variable instruments market. The process control instruments used in the food industry may contact the food product while monitoring temperature, pressure, level, and flow are required to be following the hygienic requirements designed to provide cleanable and healthy contact surfaces. Further, different food items produced require different temperatures, pressures, and sanitary requirements thus this leaves very little space for the manufacturers of industrial process variable instruments to add any extra advanced features to the instrument while ensuring that it meets sanitary as well operational requirements. Thus, the complexities of using the process variable instruments in the food industry restrain the growth of the industrial process variable instruments market. The companies in the industrial process variable instruments market are investing in integrating the Internet of things technology (IoT) to process variable instruments. The industrial process variable instruments such as pressure, temperature, flow level monitoring, and controlling devices are being integrated with IoT to increase their efficiencies and usage. For instance, Ambetronics Engineers Pvt. Ltd., an India-based provider of gas detection sensors, and process control instrumentation systems, launched its RS485 to MQTT IoT smart module to remotely monitor industrial sensors, from the pressure to temperature, tank levels, flow, and gas levels, etc. The module allows the real-time connectivity of data to the Ambetronics cloud and offline storage for recording the sensor data when the internet connectivity is unavailable. In October 2022, Valin Corporation, a US-based company operating in industrial process variable instruments, acquired Jensen Instrument Company for an undisclosed amount. Through this acquisition, Valin Corporation aims to strengthen its product portfolio in process control and fluid handling. Jensen Instrument Company is a US-based company operating in industrial process variable instruments. Asia-Pacific was the largest region in the industrial process variable market in 2022. North America is the second-largest region in the global industrial process variable instruments market share. The regions covered in the global industrial process variable instruments market report analysis include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the industrial process variable instruments market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA. The industrial process variable instruments market consists of sales of boiler controls, buoyancy instruments, chromatographs, combustion control instruments, and other industrial process variable instruments. Values in this market are factory gate values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. 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. The industrial process variable instruments market research report is one of a series of new reports from The Business Research Company that provides industrial process variable instruments market statistics, including industrial process variable instruments industry global market size, regional shares, competitors with an industrial process variable instruments market share, detailed industrial process variable instruments market segments, market trends and opportunities, and any further data you may need to thrive in the industrial process variable instruments industry. This industrial process variable instruments 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.

Technical insulation includes products that are specially used for various industrial purposes, such as to inhibit heat, fire, and electricity, as well as sound transmission in or out of the materials. Technical insulation provides a cost-effective way to protect industrial equipment and systems. The main product types in the technical insulation market are flexible foam, rigid foam, and man-made mineral fiber. Flexible foams are mostly used in gasket materials, padding or cushion materials, and others. Rigid foam sheathing insulation is one of the innovative construction materials that is mostly used to control the temperature in specific areas. Man-made mineral fibres are mostly used in high-tech products such as high-efficiency air filters, mostly in aerospace insulation. By application, the market is segmented into heating and plumbing, HVAC, refrigeration, and industrial processes. By end user, the market is segmented into industrial and OEM, energy, transportation, and commercial buildings. The global technical insulation market is segmented - 1) By Product: Flexible Foam, Rigid Foam, Man-made Mineral Fiber 2) By Application: Heating & Plumbing, HVAC, Refrigeration, Industrial Processes 3) By End User: Industrial & OEM, Energy, Transportation, Commercial Buildings The global technical insulation market size grew from $6.64 billion in 2022 to $7.95 billion in 2023 at a compound annual growth rate (CAGR) of 19.7%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The technical insulation market size is expected to grow to $9.58 billion in 2027 at a CAGR of 4.8%. Rapid industrialization is significantly contributing to the growth of the technical insulation market. Technical insulation is used in various industries to inhibit the loss of heat and electricity. Major end-user industries for technical insulation include heating and plumbing systems; HVAC systems; refrigeration; industrial pipes; and electric utilities. Growth in these end-user industries is driving the global technical insulation market. Major players in the technical insulation market are Zotefoams PLC., Unifrax I LLC, Saint-Gobain, Rockwool International A/S, Recticel NV, Palziv Inc., Owens Corning, NMC SA, Morgan Advanced Materials PLC, L'isolante K-Flex S.P.A., Knauf Insulation, Kingspan Group PLC, Johns Manville, Aspen Aerogels Inc., and Armacell International S.A. New product launches by companies are a key trend gaining popularity in the technical insulation market. Companies are launching new, innovative technical insulation products to improve their product portfolio and cater to fast-growing markets. For instance, in November 2021, 3M, a US-based industrial manufacturing company, launched 3M™ Thinsulate™ Xerogel Insulation, a Xerogel Technology Insulation for textiles. Xerogel is an extremely porous material that is more than 99% air and can actually prevent airflow, making it a superior thermal insulator. In 2021, Kingspan, an Ireland-based manufacturer of high-performance insulation materials, acquired Logstor for €253 million. This acquisition helps Kingspan to develop its technical insulation business. Logstor is a European technical insulation solution provider for energy and other associated applications. Asia-Pacific was the largest region in the technical insulation market in 2022. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the global technical insulation market analysis report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. The countries covered in the technical insulation market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The technical insulation market consists of sales of technical insulation equipment and their maintenance services. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. 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. The technical insulation research report is one of a series of new reports from The Business Research Company that provides technical insulation statistics, including technical insulation industry global market size, regional shares, competitors with technical insulation shares, detailed technical insulation segments, market trends and opportunities, and any further data you may need to thrive in the technical insulation industry. This technical insulation research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.

Insulating glass is made up of two or more glass window panes separated by a spacer material and sealed together at the edge. They are used to prevent significant heat transfer inside or out of a home or a building. IGUs, or insulating glass units, are used to keep buildings warm in the winter and cool in the summer. The main types of products in insulating glass windows are vacuum insulating glass (VIG), gas-filled insulating glass, and air-filled insulating glass. Isolating glazing (IG) with an evaporated area between the two sheets of glass makes up vacuum insulating glass (VIG). Due to this it achieves a high level of thermal insulation and reduces the transfer of heat to a low level. The different types of sealants include silicone, polysulfide, hot melt butyl, polyurethane, and others. The various spacer types involve thermoplastic, aluminium box, galvanized steel, intercept, and stainless steel box and are used by several sectors such as residential, and commercial. The global insulating glass window market is segmented – 1) By Product Type: Vacuum Insulating Glass (VIG), Gas Filled Insulating Glass, Air Filled Insulating Glass 2) By Sealant Type: Silicone, Polysulfide, Hot melt butyl, Polyurethane, Other Sealant Types 3) By Spacer Type: Thermoplastic, Aluminum Box, Galvanized Steel, Intercept, Stainless Steel Box 4) By End-Use Industry: Residential, Commercial The global insulating glass window market size grew from $12.73 billion in 2022 to $13.89 billion in 2023 at a compound annual growth rate (CAGR) of 9.1%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of global insulating glass window is expected to grow to $18.95 billion in 2027 at a CAGR of 8.1%. Increasing demand for energy-efficient buildings is expected to propel the growth of the insulating glass window market over the coming years. Energy-efficient buildings reduce the amount of energy required for heating and cooling, regardless of the type of energy used or the equipment used to heat or cool the structure. Insulating glass windows are used in energy-efficient buildings to prevent heat from escaping or entering a home or office. For instance, according to EnergyStar, a government-backed labelling program run by the U.S. Environmental Protection Agency and U.S. Department of Energy that promotes energy efficiency, in the year 2020, nearly 6,500 commercial buildings earned the ENERGY STAR, saving $1.6 billion and avoiding more than 5 million metric tonnes of greenhouse gas emissions. Therefore, the increasing demand for energy-efficient buildings is driving the growth of the insulating glass window market. Major players in the insulating glass window market are AGC Inc., Cardinal Glass Industries Inc., Central Glass Co. Ltd., Saint-Gobain, Dymax Corporation, Glaston Corporation, Guardian Glass, H.B. Fuller Company, Vitro Architectural Glass, Internorm International GmbH, Ittihad Insulating Glass Co., Migo Glass Co. Ltd., Nippon Sheet Glass Co. Ltd., Shandong OYADE Sealant Industry Co. Ltd., Scheuten, Sika Industry, and 3M. Strategic partnerships have emerged as a key trend in the insulating glass window market. Major companies operating in the insulating glass window sector are focused on partnerships and collaborations to strengthen their position. For instance, in October 2021, AGC Glass Europe, a Belgium-based insulated glass manufacturing company, and Masterframe Windows Limited, a UK-based window manufacturer formed a strategic partnership to bring vacuum insulating glazing FINEO to the UK market for PVC-U sash windows. Also, in September 2022, REHAU Window Solutions, a Switzerland-based manufacturer of uPVC window systems, and AGC Glass Europe, a Belgium-based glass manufacturing company providing range of super-insulating coated glass signed a partnership agreement to develop doors and windows with vacuum insulated glass. In January 2020, American Insulated Glass, a USA-based manufacturer, and distributor of glass acquired A.L. Smith Glass Co. for an undisclosed amount. Through this acquisition, American Insulated Glass integrates state-of-the-art technology and expands its manufactured glass capabilities to fulfil the expanding demand in the North megalopolis, which includes the Washington, D.C. area. A.L. Smith Glass is a US-based manufacturer of flat, insulated, and tempered glass products for commercial windows and industrial sectors. North America was the largest region in the insulating glass window market in 2022. Europe was the second-largest market in insulating glass window market share. The regions covered in the insulating glass window market analysis report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the insulating glass window market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, US The insulating glass window market consists of sales of vacuum gas-filled insulating glass, insulating glass (VIG), air-filled insulating glass, and other insulating glass window. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. 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. The insulating glass window market research report is one of a series of new reports from The Business Research Company that provides insulating glass window market statistics, including insulating glass window industry, global insulating glass window market size, regional shares, competitors with an insulating glass window market share, detailed insulating glass window market segments, market trends and opportunities, and any further data you may need to thrive in the insulating glass window industry. This insulating glass window market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.