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U.S. Insulated Panels for Commercial Refrigeration Market Trends

Report ID: GMI10855
Published Date: Aug 2024
Report Format: PDF

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U.S. Insulated Panels for Commercial Refrigeration Market Trends

One prominent trend is the inclination towards energy efficiency and technological advancements, especially in insulated panels and evaporators. According to the North American Insulation Manufacturers Association, insulated panels now use advanced materials and designs that improve thermal insulation and reduce energy use. This change aligns with the industry's focus on sustainability and cost savings. Additionally, the market is moving towards modular and customizable solutions to meet diverse commercial needs, reflecting a broader trend of increased flexibility and adaptability in refrigeration systems.

Authors: Avinash Singh , Sunita Singh

Frequently Asked Questions (FAQ) :

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.

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.

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.

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.