Reports and Data estimates the global Tank Insulation competitive landscape is highly fragmented with numerous players operating on a global and regional scale. The key companies in the market are engaged in mergers and acquisitions, joint ventures, collaborations, and product launches to gain a robust revenue growth over the forecast period. The report considers 2020-2021 as historic years, 2020 as the base year, and 2022-2028 as the forecast period. The report offers CAGR and market size for the global Tank Insulation during the forecast period.
The report also offers key insights about the top companies operating in the market and their market share and global position along with product portfolio and advancements. The top companies in the market include Armacell International S.A., Saint-Gobain, Johns Manville, BASF SE, Rockwool International A/S, Owens Corning, Covestro AG, Huntsman Corporation, Dunmore Corporation, and Gilsulate International, Inc. The market players have adopted various strategies including mergers, acquisitions, partnerships, and new product developments, among other
Get a sample of the report @ https://www.reportsanddata.com/sample-enquiry-form/1959
Type Outlook:
The storage segment accounted for major revenue share in the global tank insulation market in 2020, owing to growing oil production in countries such as Iran, Russia, the US, and Saudi Arabia.
The transportation tank insulation segment is expected to register highest CAGR during the forecast period. Transporting tanks are insulated with PU or PIR. PU insulation systems are easy to install and can be repaired easily, in case of any damages.
Temperature Outlook:
The cold insulation segment accounted for highest revenue share in 2020. Polyurethane foam is used for cold insulation as it is an ideal option for handling low thermal conductivity and substances which have temperatures of below-freezing point. It also enables low water vapor permeability and low smoke emissions.
Material Outlook:
The Polyurethane (PU) & Polyisocyanurate (PIR) segment accounted for largest revenue share in the global market in 2020. PU and PIR foam are used in cold climatic conditions as these are resistant to moisture and fire. It is light-in-weight, and has low thermal density and conductivity.
The rockwool insulation segment accounted for second-largest revenue share in the global market in 2020. Rockwool insulation is made from completely recyclable, natural, sustainable materials, and is 75% recyclable. It has ability to trap and retain heat and air and is also resistant to fire, which makes it highly preferred for tank insulation.
Inquiry more about to report @ https://www.reportsanddata.com/inquiry-before-buying/1959
For the purpose of this report Reports and Data has segmented global Tank Insulation market on the basis of type, application, and region:
By Material Outlook
- Polyurethane (PU) & Polyisocyanurate (PIR)
- Rockwool
- Elastomeric Foam
- Fiberglass
- Expanded Polystyrene (EPS)
- Cellular Glass
- Others
By Temperature Outlook
- Cold Insulation
- Hot Insulation
By End-Use Industry Outlook
- Oil and Gas
- Chemical
- Food and Beverage
- Energy and Power
- Others
Key Regional Markets Covered in the Report:
- North America (U.S.A., Canada, Mexico)
- Europe (Italy, U.K., Germany, France, Rest of Europe)
- Asia Pacific (India, China, Japan, South Korea, Australia, Rest of Asia Pacific)
- Latin America (Chile, Brazil, Argentina, Peru, Rest of Latin America)
Request a customization on the report https://www.reportsanddata.com/request-customization-form/1959
Key Questions answered by the Report:
- What is the expected year-on-year growth of the Tank Insulation during the forecast period?
- What key trends are expected influence revenue growth of the market going ahead?
- Which region is expected to account for largest revenue share over the forecast period?
- Which key companies are profiled in the report?
Thanks for reading our report. For more details on customization, please connect with us to know more and our team will ensure the report is well suited to your needs.
For More Reports:
Emollients Market https://www.globenewswire.com/news-release/2020/08/20/2081232/0/en/Emollients-Market-To-Reach-USD-1-48-Billion-By-2027-Reports-and-Data.html
Geranyl Acetone Market https://www.globenewswire.com/news-release/2020/09/10/2091881/0/en/Geranyl-Acetone-Market-To-Reach-USD-302-9-Million-By-2027-Reports-and-Data.html
Protective Coatings Market https://www.globenewswire.com/news-release/2020/09/17/2095440/0/en/Protective-Coatings-Market-To-Reach-USD-52-31-Billion-By-2027-Reports-and-Data.html
About Reports and Data
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.
Contact:John W, Head of Business Development
Reports And Data | Web: www.reportsanddata.com
Direct Line: +1-212-710-1370
E-mail: [email protected]
LinkedIn | Twitter | Blogs
For More Research Insights on Leading Industries, Visit Our YouTube Channel and hit subscribe for Future Update: https://www.youtube.com/channel/UChLqKTFLm6sVBLEUjnadIhQ/videos