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Refrigeration Insulation Materials Market Forecast Global Refrigeration Insulation Materials Market is expected to exhibit a CAGR of around 5% during the forecast period and cross USD 5 Billion by 2027. Refrigeration insulation materials are extremely important for efficient cooling operations. They reduce energy costs for operating chillers and refrigeration equipment as well as help in limiting heat gains in an industrial refrigeration system. Regulatory Framework A large number of regulatory norms have been imposed on the production of refrigeration insulation materials. Refrigeration Insulation Materials Market Segmentation By Type Refrigeration insulation materials, by type, have been segmented into PU & PIR, elastomeric foam polystyrene, fiberglass, phenolic foams, and others. The PU & PIR type segment is highly effective, lightweight, and can bond to most materials. Owing to such benefits, it emerged as the leading segment in 2019. PU & PIR have extre...