Global LNG Insulation Material Market Insights, Forecast to 2028

LNG insulation materials are used to support the storage tanks of liquefied natural gas, liquefied petroleum gas and ethylene tankers.
Market Analysis and Insights: Global LNG Insulation Material Market
Due to the COVID-19 pandemic, the global LNG Insulation Material market size is estimated to be worth US$ million in 2022 and is forecast to a readjusted size of US$ million by 2028 with a CAGR of % during the review period. Fully considering the economic change by this health crisis, Cellular Glass accounting for % of the LNG Insulation Material global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR in the post-COVID-19 period. While Pipeline System segment is altered to an % CAGR throughout this forecast period.
China LNG Insulation Material market size is valued at US$ million in 2021, while the US and Europe LNG Insulation Material are US$ million and US$ million, severally. The proportion of the US is % in 2021, while China and Europe are % and % respectively, and it is predicted that China proportion will reach % in 2028, trailing a CAGR of % through the analysis period. Japan, South Korea, and Southeast Asia are noteworthy markets in Asia, with CAGR %, %, and % respectively for the next 6-year period. As for the Europe LNG Insulation Material landscape, Germany is projected to reach US$ million by 2028 trailing a CAGR of % over the forecast period.
The global key manufacturers of LNG Insulation Material include Johns Manville, Saint Gobain, Cabot Corporation, Hertel, BASF, Armacell International Holding, Lydall, Dunmore Corporation and Imerys Minerals, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
In terms of production side, this report researches the LNG Insulation Material capacity, production, growth rate, market share by manufacturers and by region (region level and country level), from 2017 to 2022, and forecast to 2028.
In terms of sales side, this report focuses on the sales of LNG Insulation Material by region (region level and country level), by company, by Type and by Application. from 2017 to 2022 and forecast to 2028.
Global LNG Insulation Material Scope and Segment
LNG Insulation Material market is segmented by Type and by Application. Players, stakeholders, and other participants in the global LNG Insulation Material market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on production capacity, revenue and forecast by Type and by Application for the period 2017-2028.
Segment by Type
Cellular Glass
Polystyrene
Fiberglass
Perlite
Others
Segment by Application
Pipeline System
Oil Storage Tank
LNG
Others
By Company
Johns Manville
Saint Gobain
Cabot Corporation
Hertel
BASF
Armacell International Holding
Lydall
Dunmore Corporation
Imerys Minerals
Aspen Aerogels
Yoke Chemical
RöchlingGroup
Production by Region
North America
Europe
China
Japan
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
U.A.E

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