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Get a free sample of U.S. Insulated Panels for Commercial Refrigeration Market
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The market is fragmented, with prominent players, in the case of insulated panels, such as Dow Building Solutions, Everidge, Inc., MBCI, Falk Corporation and Kingspan Group (KPS)holding a market share of 30-35%. These companies dominate the market due to their extensive research and development capabilities, strong global distribution networks, and strategic partnerships within the industry.
Major players operating in the market include:
Alfa Laval, American Cooler Technologies, American Insulated Panel, Coldmatic Building Systems, Colmac Coil Manufacturing, Craig Industries, Inc., Dow Building Solutions, Emerson Electric Co., and EVAPCO, Inc.
Food & beverage retail segment in the U.S. insulated panels for commercial refrigeration market generated over USD 1.6 billion in 2023 and is likely to exceed USD 2.5 billion by 2032, attributed to their critical role in maintaining precise temperature control and ensuring the freshness.
The polyurethane segment in the U.S. insulated panels for commercial refrigeration market was reached USD 1.3 billion in 2023 and is expected to cross USD 1.9 billion by 2032, due to superior thermal insulation.
The market size of U.S. insulated panels for commercial refrigeration was worth over USD 2.8 billion in 2023 and is anticipated to register a 4.8% CAGR between 2024 and 2032, owing to the inclination towards sustainability.