| Product Code: ETC4513220 | Publication Date: Jul 2023 | Updated Date: Nov 2025 | Product Type: Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 85 | No. of Figures: 45 | No. of Tables: 25 |
In the Hungary cold insulation market, the import trend experienced a decline from 2023 to 2024, with a growth rate of -17.26%. The compound annual growth rate (CAGR) for imports during the period 2020-2024 stood at 0.88%. This decline in import momentum could be attributed to shifts in demand dynamics or changes in trade policies affecting market stability.
In Hungary, the cold insulation market is witnessing growth driven by the construction and industrial sectors` emphasis on energy efficiency and sustainability. Cold insulation materials such as polyurethane foam, expanded polystyrene, and mineral wool are used to prevent heat transfer and maintain low temperatures in refrigeration, HVAC systems, and cold storage facilities. The increasing adoption of cold chain logistics for food and pharmaceutical products further contributes to the demand for cold insulation solutions. Market players are innovating with eco-friendly materials and enhancing insulation performance to meet evolving customer needs.
The cold insulation market in Hungary is driven by the need to maintain temperature control and energy efficiency in various industries, including refrigeration, HVAC, and cold storage. With a focus on reducing energy consumption and greenhouse gas emissions, there`s a growing demand for effective cold insulation solutions that minimize heat transfer and prevent condensation. Key drivers include stringent building codes and regulations, the expansion of cold chain logistics, and the increasing adoption of sustainable building practices. Additionally, advancements in insulation materials and technologies are driving innovation in the cold insulation market, offering opportunities for improved thermal performance and cost savings in Hungary.
The cold insulation market in Hungary faces challenges related to the availability of raw materials and fluctuations in energy prices. Additionally, the adoption of energy-efficient building codes and regulations may require innovative insulation solutions, which could pose challenges for traditional insulation providers.
The cold insulation market, Hungary has seen increased demand for insulation materials in construction, refrigeration, and industrial applications. The government has introduced building codes and standards that require the use of energy-efficient insulation materials to improve the thermal performance of buildings and reduce energy consumption. Additionally, the government provides financial support and grants for energy efficiency projects, including the installation of cold insulation systems.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Hungary Cold Insulation Market Overview |
3.1 Hungary Country Macro Economic Indicators |
3.2 Hungary Cold Insulation Market Revenues & Volume, 2021 & 2031F |
3.3 Hungary Cold Insulation Market - Industry Life Cycle |
3.4 Hungary Cold Insulation Market - Porter's Five Forces |
3.5 Hungary Cold Insulation Market Revenues & Volume Share, By Material, 2021 & 2031F |
3.6 Hungary Cold Insulation Market Revenues & Volume Share, By End Use Industry, 2021 & 2031F |
4 Hungary Cold Insulation Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for energy-efficient buildings in Hungary |
4.2.2 Stringent government regulations promoting the use of cold insulation materials |
4.2.3 Growth in the food and beverage industry driving the need for cold storage facilities |
4.3 Market Restraints |
4.3.1 High initial investment costs associated with cold insulation materials and installation |
4.3.2 Limited awareness and knowledge about the benefits of cold insulation among end-users |
4.3.3 Fluctuating raw material prices impacting the overall cost of cold insulation solutions |
5 Hungary Cold Insulation Market Trends |
6 Hungary Cold Insulation Market, By Types |
6.1 Hungary Cold Insulation Market, By Material |
6.1.1 Overview and Analysis |
6.1.2 Hungary Cold Insulation Market Revenues & Volume, By Material, 2021-2031F |
6.1.3 Hungary Cold Insulation Market Revenues & Volume, By Fiber Glass, 2021-2031F |
6.1.4 Hungary Cold Insulation Market Revenues & Volume, By Phenolic Foams, 2021-2031F |
6.1.5 Hungary Cold Insulation Market Revenues & Volume, By Polystyrene Foams, 2021-2031F |
6.1.6 Hungary Cold Insulation Market Revenues & Volume, By Polyurethane Foams, 2021-2031F |
6.1.7 Hungary Cold Insulation Market Revenues & Volume, By Others, 2021-2031F |
6.2 Hungary Cold Insulation Market, By End Use Industry |
6.2.1 Overview and Analysis |
6.2.2 Hungary Cold Insulation Market Revenues & Volume, By Chemicals, 2021-2031F |
6.2.3 Hungary Cold Insulation Market Revenues & Volume, By HVAC, 2021-2031F |
6.2.4 Hungary Cold Insulation Market Revenues & Volume, By Oil & Gas, 2021-2031F |
6.2.5 Hungary Cold Insulation Market Revenues & Volume, By Refrigeration, 2021-2031F |
6.2.6 Hungary Cold Insulation Market Revenues & Volume, By Others, 2021-2031F |
7 Hungary Cold Insulation Market Import-Export Trade Statistics |
7.1 Hungary Cold Insulation Market Export to Major Countries |
7.2 Hungary Cold Insulation Market Imports from Major Countries |
8 Hungary Cold Insulation Market Key Performance Indicators |
8.1 Energy savings achieved through the use of cold insulation materials |
8.2 Adoption rate of eco-friendly and sustainable cold insulation solutions in the market |
8.3 Number of new cold storage facility constructions using advanced insulation materials |
9 Hungary Cold Insulation Market - Opportunity Assessment |
9.1 Hungary Cold Insulation Market Opportunity Assessment, By Material, 2021 & 2031F |
9.2 Hungary Cold Insulation Market Opportunity Assessment, By End Use Industry, 2021 & 2031F |
10 Hungary Cold Insulation Market - Competitive Landscape |
10.1 Hungary Cold Insulation Market Revenue Share, By Companies, 2024 |
10.2 Hungary Cold Insulation Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |