| Product Code: ETC4502546 | 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 Thailand cold insulation material market, the import trend showed a notable growth rate of 30.12% from 2023 to 2024, with a compound annual growth rate (CAGR) of 15.94% from 2020 to 2024. This significant uptick in imports can be attributed to a surge in demand for energy-efficient solutions in various industries, driving the need for quality insulation materials.
The Thailand Cold Insulation Material Market is growing due to the need for effective insulation solutions in cold storage facilities, refrigeration, and the food industry. Cold insulation materials are essential for maintaining low temperatures and preventing energy loss, making them crucial in a country with diverse climate conditions.
The Cold Insulation Material market in Thailand is experiencing notable growth, fueled by the increasing demand for efficient insulation solutions in refrigeration, HVAC, and industrial applications. Cold insulation materials, including polyurethane foams and fiberglass, are gaining prominence for their ability to maintain low temperatures and reduce energy consumption. The growth of the cold chain logistics, food and beverage, and pharmaceutical industries, the rising need for temperature-controlled environments, and the emphasis on energy efficiency in Thailand are contributing to the adoption of cold insulation materials. Moreover, the focus on maintaining product integrity during storage and transportation and the innovations in cold insulation technologies are further propelling the positive trajectory of the cold insulation material market.
The cold insulation material market in Thailand faces challenges associated with energy efficiency concerns and the cost-effectiveness of insulation solutions. While there is a growing awareness of the need for energy-efficient insulation materials, the upfront costs and the perceived return on investment remain key challenges for market penetration. The market also grapples with the diversity of applications, requiring tailored solutions for different industries. Balancing thermal performance with environmental considerations adds complexity to the development and marketing of cold insulation materials in Thailand.
The Thailand Cold Insulation Material market faced challenges during the COVID-19 pandemic, with disruptions in construction and industrial activities impacting demand. Cold insulation materials, crucial for maintaining temperature stability in various applications, encountered delays in projects. Post-pandemic, the market is recovering as construction and industrial activities resume, with increased emphasis on energy efficiency and insulation solutions. The Thailand Cold Insulation Material market remains essential in providing solutions for applications requiring temperature control and energy conservation.
Major players in the Thailand Cold Insulation Material market include Owens Corning, Armacell International S.A., Huntsman Corporation, BASF SE, and Johns Manville.
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 Thailand Cold Insulation Material Market Overview |
3.1 Thailand Country Macro Economic Indicators |
3.2 Thailand Cold Insulation Material Market Revenues & Volume, 2021 & 2031F |
3.3 Thailand Cold Insulation Material Market - Industry Life Cycle |
3.4 Thailand Cold Insulation Material Market - Porter's Five Forces |
3.5 Thailand Cold Insulation Material Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Thailand Cold Insulation Material Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Thailand Cold Insulation Material Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for cold insulation materials in the food and beverage industry due to the growth of the sector in Thailand. |
4.2.2 Government initiatives promoting energy efficiency and sustainability, leading to a higher adoption of cold insulation materials. |
4.2.3 Rising awareness about the benefits of cold insulation materials in reducing energy consumption and operational costs in various industries. |
4.3 Market Restraints |
4.3.1 High initial investment required for installing cold insulation materials, which may deter some potential buyers. |
4.3.2 Lack of skilled labor for proper installation and maintenance of cold insulation materials, leading to inefficiencies. |
4.3.3 Fluctuating raw material prices impacting the overall cost of cold insulation materials production. |
5 Thailand Cold Insulation Material Market Trends |
6 Thailand Cold Insulation Material Market, By Types |
6.1 Thailand Cold Insulation Material Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Thailand Cold Insulation Material Market Revenues & Volume, By Type, 2021-2031F |
6.1.3 Thailand Cold Insulation Material Market Revenues & Volume, By Fiber Glass, 2021-2031F |
6.1.4 Thailand Cold Insulation Material Market Revenues & Volume, By Polyurethane Foam, 2021-2031F |
6.1.5 Thailand Cold Insulation Material Market Revenues & Volume, By Polystyrene Foam, 2021-2031F |
6.1.6 Thailand Cold Insulation Material Market Revenues & Volume, By Phenolic Foam & Others, 2021-2031F |
6.2 Thailand Cold Insulation Material Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Thailand Cold Insulation Material Market Revenues & Volume, By HVAC, 2021-2031F |
6.2.3 Thailand Cold Insulation Material Market Revenues & Volume, By Oil & Gas, 2021-2031F |
6.2.4 Thailand Cold Insulation Material Market Revenues & Volume, By Refrigeration, 2021-2031F |
6.2.5 Thailand Cold Insulation Material Market Revenues & Volume, By Chemicals , 2021-2031F |
6.2.6 Thailand Cold Insulation Material Market Revenues & Volume, By Others, 2021-2031F |
7 Thailand Cold Insulation Material Market Import-Export Trade Statistics |
7.1 Thailand Cold Insulation Material Market Export to Major Countries |
7.2 Thailand Cold Insulation Material Market Imports from Major Countries |
8 Thailand Cold Insulation Material Market Key Performance Indicators |
8.1 Energy savings achieved by using cold insulation materials. |
8.2 Number of new projects incorporating cold insulation materials. |
8.3 Reduction in greenhouse gas emissions attributed to the use of cold insulation materials. |
8.4 Percentage increase in the adoption of cold insulation materials in key industries. |
8.5 Level of compliance with energy efficiency regulations and standards related to cold insulation materials. |
9 Thailand Cold Insulation Material Market - Opportunity Assessment |
9.1 Thailand Cold Insulation Material Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Thailand Cold Insulation Material Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Thailand Cold Insulation Material Market - Competitive Landscape |
10.1 Thailand Cold Insulation Material Market Revenue Share, By Companies, 2024 |
10.2 Thailand Cold Insulation Material Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |