- Tank insulation is defined as the process in which different chemicals and materials are applied to the inside of tank and also to the surface, to maintain the temperature throughout its usage period
- Tank insulation is done to preserve the temperature inside the tank in order to minimize the heat loss
- North America is expected to dominate the tank insulations market due to its advanced infrastructure and continuous focus on technological innovations in insulation materials
- Asia-Pacific is expected to be the fastest growing region in the tank insulation market during the forecast period due to rapid industrialization and urbanization, which is driving significant demand for tank insulation solutions
- Rockwool and polyurethane (PU) segment is expected to dominate the market with a market share of 31.5% due to their high thermal insulation properties and versatility. These materials are widely used in industries such as oil and gas, chemicals, and energy due to their excellent ability to maintain the required temperature levels while ensuring energy efficiency
