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LNG Thermal Insulation Board Industry Research Report 2026
Market perspective
The global LNG Thermal Insulation Board market was valued at US$ million in 2025 and is projected to reach US$ million by 2032, implying a CAGR of % over 2026–2032.
The North America market for LNG Thermal Insulation Board is forecast to increase from US$ million in 2026 to US$ million by 2032, corresponding to a CAGR of % over 2026–2032.
The Europe market for LNG Thermal Insulation Board is projected to rise from US$ million in 2026 to US$ million by 2032, registering a CAGR of % over 2026–2032.
Read the full market overview
The Asia Pacific market for LNG Thermal Insulation Board is expected to grow from US$ million in 2026 to US$ million by 2032, at a CAGR of % over 2026–2032.
Leading global manufacturers of LNG Thermal Insulation Board include , among others. In 2025, the top three vendors together accounted for approximately % of global revenue.
Report Scope
This report quantifies the global LNG Thermal Insulation Board market in revenue (US$ million) and, where applicable, sales volume (t), using 2025 as the base year and providing annual historical and forecast data for 2021–2032.
It standardizes definitions of types and applications, harmonizes vendor attribution, and presents comparable time series by company, type, application, and region/country, including indicative price bands (US$/t) and concentration ratios (CR5/CR10).
The outputs are intended to support strategy development, budgeting, and performance benchmarking for manufacturers, new entrants, channel partners, and investors; the report also reviews technology shifts and notable product introductions relevant to LNG Thermal Insulation Board.
Key Companies & Market Share Insights
This section profiles leading manufacturers, combining 2021–2025 results with a 2026–2032 outlook. It reports revenue, market share, price bands, product and application mix, regional and channel mix, and key developments (M&A, capacity additions, certifications). It also provides global revenue, average price, and—where applicable—sales volume by manufacturer, and calculates CR5/CR10 and rank changes to support comparative benchmarking.
LNG Thermal Insulation Board Market by Company
Johns Manville
Jiangsu Yoke Technology Co., Ltd.
NICHIAS Corporation
Röchling Group
Hankuk Carbon Co., Ltd.
Dongsung FineTec Co., Ltd.
Ti Group
Meisei Industrial Co., Ltd.
Zhejiang Zhenshen Insulation Technology Corp., Ltd.
Dehe Technology Group Co., Ltd.
Shanghai Harvest Technology Co., Ltd.
YoungHwa Marine Tech Co., Ltd.
Owens Corning
Kawasaki Heavy Industries, Ltd.
Kingspan Group plc
LNG Thermal Insulation Board Segment by Type
Rigid Polyurethane Foam
Polyisocyanurate Foam
Phenolic Foam
Elastic Foam
Foam Glass
Other
LNG Thermal Insulation Board Segment by Application
Pipeline System
Oil Storage Tank
Liquified Natural Gas
Other
LNG Thermal Insulation Board Segment by Region
North America
United States
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Spain
Netherlands
Switzerland
Sweden
Poland
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Southeast Asia
South America
Brazil
Argentina
Chile
Colombia
Middle East & Africa
Egypt
South Africa
Israel
Türkiye
GCC Countries
Key Drivers & Barriers
High-impact rendering factors and drivers have been studied in this report to aid the readers to understand the general development. Moreover, the report includes restraints and challenges that may act as stumbling blocks on the way of the players. This will assist the users to be attentive and make informed decisions related to business. Specialists have also laid their focus on the upcoming business prospects.
Reasons to Buy This Report
1. This report will help the readers to understand the competition within the industries and strategies for the competitive environment to enhance the potential profit. The report also focuses on the competitive landscape of the global LNG Thermal Insulation Board market, and introduces in detail the market share, industry ranking, competitor ecosystem, market performance, new product development, operation situation, expansion, and acquisition. etc. of the main players, which helps the readers to identify the main competitors and deeply understand the competition pattern of the market.
2. This report will help stakeholders to understand the global industry status and trends of LNG Thermal Insulation Board and provides them with information on key market drivers, restraints, challenges, and opportunities.
3. This report will help stakeholders to understand competitors better and gain more insights to strengthen their position in their businesses. The competitive landscape section includes the market share and rank (in volume and value), competitor ecosystem, new product development, expansion, and acquisition.
4. This report stays updated with novel technology integration, features, and the latest developments in the market
5. This report helps stakeholders to gain insights into which regions to target globally
6. This report helps stakeholders to gain insights into the end-user perception concerning the adoption of LNG Thermal Insulation Board.
7. This report helps stakeholders to identify some of the key players in the market and understand their valuable contribution.
Chapter Outline
Chapter 1: Research objectives, research methods, data sources, data cross-validation;
Chapter 2: Introduces the report scope of the report, executive summary of different market segments (by region, product type, application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 3: Detailed analysis of LNG Thermal Insulation Board manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 5: Production/output, value of LNG Thermal Insulation Board by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 6: Consumption of LNG Thermal Insulation Board in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 7: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 8: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 9: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 10: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 11: The main points and conclusions of the report.
More report detail
Tables and figures
Scope & coverage.
Types
- Rigid Polyurethane Foam
- Polyisocyanurate Foam
- Phenolic Foam
- Elastic Foam
- Foam Glass
- Other
Applications
- Pipeline System
- Oil Storage Tank
- Liquified Natural Gas
- Other
Companies covered
- Johns Manville
- Jiangsu Yoke Technology Co., Ltd.
- NICHIAS Corporation
- Röchling Group
- Hankuk Carbon Co., Ltd.
- Dongsung FineTec Co., Ltd.
- Ti Group
- Meisei Industrial Co., Ltd.
- Zhejiang Zhenshen Insulation Technology Corp., Ltd.
- Dehe Technology Group Co., Ltd.
- Shanghai Harvest Technology Co., Ltd.
- YoungHwa Marine Tech Co., Ltd.
- Owens Corning
- Kawasaki Heavy Industries, Ltd.
- Kingspan Group plc
Inside the report.
1 Preface
- 1.1 Scope of Report
- 1.2 Reasons for Doing This Study
- 1.3 Research Methodology
- 1.4 Research Process
- 1.5 Data Source
- 1.5.1 Secondary Sources
- 1.5.2 Primary Sources
2 Market Overview
- 2.1 Product Definition
- 2.2 LNG Thermal Insulation Board by Type
- 2.2.1 Market Value Comparison by Type (2021 VS 2025 VS 2032) & (US$ Million)
- 2.2.2 Rigid Polyurethane Foam
- 2.2.3 Polyisocyanurate Foam
- 2.2.4 Phenolic Foam
- 2.2.5 Elastic Foam
- 2.2.6 Foam Glass
- 2.2.7 Other
- 2.3 LNG Thermal Insulation Board by Application
- 2.3.1 Market Value Comparison by Application (2021 VS 2025 VS 2032) & (US$ Million)
- 2.3.2 Pipeline System
- 2.3.3 Oil Storage Tank
- 2.3.4 Liquified Natural Gas
- 2.3.5 Other
- 2.4 Global Market Growth Prospects
- 2.4.1 Global LNG Thermal Insulation Board Production Value Estimates and Forecasts (2021-2032)
- 2.4.2 Global LNG Thermal Insulation Board Production Capacity Estimates and Forecasts (2021-2032)
- 2.4.3 Global LNG Thermal Insulation Board Production Estimates and Forecasts (2021-2032)
- 2.4.4 Global LNG Thermal Insulation Board Market Average Price (2021-2032)
3 Market Competitive Landscape by Manufacturers
- 3.1 Global LNG Thermal Insulation Board Production by Manufacturers (2021-2026)
- 3.2 Global LNG Thermal Insulation Board Production Value by Manufacturers (2021-2026)
- 3.3 Global LNG Thermal Insulation Board Average Price by Manufacturers (2021-2026)
- 3.4 Global LNG Thermal Insulation Board Industry Manufacturers Ranking, 2024 VS 2025 VS 2026
- 3.5 Global LNG Thermal Insulation Board Key Manufacturers, Manufacturing Sites & Headquarters
- 3.6 Global LNG Thermal Insulation Board Manufacturers, Product Type & Application
- 3.7 Global LNG Thermal Insulation Board Manufacturers Established Date
- 3.8 Global LNG Thermal Insulation Board Market CR5 and HHI
- 3.9 Global Manufacturers Mergers & Acquisition
4 Manufacturers Profiled
- 4.1 Johns Manville
- 4.1.1 Johns Manville LNG Thermal Insulation Board Company Information
- 4.1.2 Johns Manville LNG Thermal Insulation Board Business Overview
- 4.1.3 Johns Manville LNG Thermal Insulation Board Production Capacity, Value and Gross Margin (2021-2026)
- 4.1.4 Johns Manville Product Portfolio
- 4.1.5 Johns Manville Recent Developments
- 4.2 Jiangsu Yoke Technology Co., Ltd.
- 4.2.1 Jiangsu Yoke Technology Co., Ltd. LNG Thermal Insulation Board Company Information
- 4.2.2 Jiangsu Yoke Technology Co., Ltd. LNG Thermal Insulation Board Business Overview
- 4.2.3 Jiangsu Yoke Technology Co., Ltd. LNG Thermal Insulation Board Production Capacity, Value and Gross Margin (2021-2026)
- 4.2.4 Jiangsu Yoke Technology Co., Ltd. Product Portfolio
- 4.2.5 Jiangsu Yoke Technology Co., Ltd. Recent Developments
- 4.3 NICHIAS Corporation
- 4.3.1 NICHIAS Corporation LNG Thermal Insulation Board Company Information
- 4.3.2 NICHIAS Corporation LNG Thermal Insulation Board Business Overview
- 4.3.3 NICHIAS Corporation LNG Thermal Insulation Board Production Capacity, Value and Gross Margin (2021-2026)
- 4.3.4 NICHIAS Corporation Product Portfolio
- 4.3.5 NICHIAS Corporation Recent Developments
- 4.4 Röchling Group
- 4.4.1 Röchling Group LNG Thermal Insulation Board Company Information
- 4.4.2 Röchling Group LNG Thermal Insulation Board Business Overview
- 4.4.3 Röchling Group LNG Thermal Insulation Board Production Capacity, Value and Gross Margin (2021-2026)
- 4.4.4 Röchling Group Product Portfolio
- 4.4.5 Röchling Group Recent Developments
- 4.5 Hankuk Carbon Co., Ltd.
- 4.5.1 Hankuk Carbon Co., Ltd. LNG Thermal Insulation Board Company Information
- 4.5.2 Hankuk Carbon Co., Ltd. LNG Thermal Insulation Board Business Overview
- 4.5.3 Hankuk Carbon Co., Ltd. LNG Thermal Insulation Board Production Capacity, Value and Gross Margin (2021-2026)
- 4.5.4 Hankuk Carbon Co., Ltd. Product Portfolio
- 4.5.5 Hankuk Carbon Co., Ltd. Recent Developments
- 4.6 Dongsung FineTec Co., Ltd.
- 4.6.1 Dongsung FineTec Co., Ltd. LNG Thermal Insulation Board Company Information
- 4.6.2 Dongsung FineTec Co., Ltd. LNG Thermal Insulation Board Business Overview
- 4.6.3 Dongsung FineTec Co., Ltd. LNG Thermal Insulation Board Production Capacity, Value and Gross Margin (2021-2026)
- 4.6.4 Dongsung FineTec Co., Ltd. Product Portfolio
- 4.6.5 Dongsung FineTec Co., Ltd. Recent Developments
- 4.7 Ti Group
- 4.7.1 Ti Group LNG Thermal Insulation Board Company Information
- 4.7.2 Ti Group LNG Thermal Insulation Board Business Overview
- 4.7.3 Ti Group LNG Thermal Insulation Board Production Capacity, Value and Gross Margin (2021-2026)
- 4.7.4 Ti Group Product Portfolio
- 4.7.5 Ti Group Recent Developments
- 4.8 Meisei Industrial Co., Ltd.
- 4.8.1 Meisei Industrial Co., Ltd. LNG Thermal Insulation Board Company Information
- 4.8.2 Meisei Industrial Co., Ltd. LNG Thermal Insulation Board Business Overview
- 4.8.3 Meisei Industrial Co., Ltd. LNG Thermal Insulation Board Production Capacity, Value and Gross Margin (2021-2026)
- 4.8.4 Meisei Industrial Co., Ltd. Product Portfolio
- 4.8.5 Meisei Industrial Co., Ltd. Recent Developments
- 4.9 Zhejiang Zhenshen Insulation Technology Corp., Ltd.
- 4.9.1 Zhejiang Zhenshen Insulation Technology Corp., Ltd. LNG Thermal Insulation Board Company Information
- 4.9.2 Zhejiang Zhenshen Insulation Technology Corp., Ltd. LNG Thermal Insulation Board Business Overview
- 4.9.3 Zhejiang Zhenshen Insulation Technology Corp., Ltd. LNG Thermal Insulation Board Production Capacity, Value and Gross Margin (2021-2026)
- 4.9.4 Zhejiang Zhenshen Insulation Technology Corp., Ltd. Product Portfolio
- 4.9.5 Zhejiang Zhenshen Insulation Technology Corp., Ltd. Recent Developments
- 4.10 Dehe Technology Group Co., Ltd.
- 4.10.1 Dehe Technology Group Co., Ltd. LNG Thermal Insulation Board Company Information
- 4.10.2 Dehe Technology Group Co., Ltd. LNG Thermal Insulation Board Business Overview
- 4.10.3 Dehe Technology Group Co., Ltd. LNG Thermal Insulation Board Production Capacity, Value and Gross Margin (2021-2026)
- 4.10.4 Dehe Technology Group Co., Ltd. Product Portfolio
- 4.10.5 Dehe Technology Group Co., Ltd. Recent Developments
- 4.11 Shanghai Harvest Technology Co., Ltd.
- 4.11.1 Shanghai Harvest Technology Co., Ltd. LNG Thermal Insulation Board Company Information
- 4.11.2 Shanghai Harvest Technology Co., Ltd. LNG Thermal Insulation Board Business Overview
- 4.11.3 Shanghai Harvest Technology Co., Ltd. LNG Thermal Insulation Board Production Capacity, Value and Gross Margin (2021-2026)
- 4.11.4 Shanghai Harvest Technology Co., Ltd. Product Portfolio
- 4.11.5 Shanghai Harvest Technology Co., Ltd. Recent Developments
- 4.12 YoungHwa Marine Tech Co., Ltd.
- 4.12.1 YoungHwa Marine Tech Co., Ltd. LNG Thermal Insulation Board Company Information
- 4.12.2 YoungHwa Marine Tech Co., Ltd. LNG Thermal Insulation Board Business Overview
- 4.12.3 YoungHwa Marine Tech Co., Ltd. LNG Thermal Insulation Board Production Capacity, Value and Gross Margin (2021-2026)
- 4.12.4 YoungHwa Marine Tech Co., Ltd. Product Portfolio
- 4.12.5 YoungHwa Marine Tech Co., Ltd. Recent Developments
- 4.13 Owens Corning
- 4.13.1 Owens Corning LNG Thermal Insulation Board Company Information
- 4.13.2 Owens Corning LNG Thermal Insulation Board Business Overview
- 4.13.3 Owens Corning LNG Thermal Insulation Board Production Capacity, Value and Gross Margin (2021-2026)
- 4.13.4 Owens Corning Product Portfolio
- 4.13.5 Owens Corning Recent Developments
- 4.14 Kawasaki Heavy Industries, Ltd.
- 4.14.1 Kawasaki Heavy Industries, Ltd. LNG Thermal Insulation Board Company Information
- 4.14.2 Kawasaki Heavy Industries, Ltd. LNG Thermal Insulation Board Business Overview
- 4.14.3 Kawasaki Heavy Industries, Ltd. LNG Thermal Insulation Board Production Capacity, Value and Gross Margin (2021-2026)
- 4.14.4 Kawasaki Heavy Industries, Ltd. Product Portfolio
- 4.14.5 Kawasaki Heavy Industries, Ltd. Recent Developments
- 4.15 Kingspan Group plc
- 4.15.1 Kingspan Group plc LNG Thermal Insulation Board Company Information
- 4.15.2 Kingspan Group plc LNG Thermal Insulation Board Business Overview
- 4.15.3 Kingspan Group plc LNG Thermal Insulation Board Production Capacity, Value and Gross Margin (2021-2026)
- 4.15.4 Kingspan Group plc Product Portfolio
- 4.15.5 Kingspan Group plc Recent Developments
5 Global LNG Thermal Insulation Board Production by Region
- 5.1 Global LNG Thermal Insulation Board Production Estimates and Forecasts by Region: 2021 VS 2025 VS 2032
- 5.2 Global LNG Thermal Insulation Board Production by Region: 2021-2032
- 5.2.1 Global LNG Thermal Insulation Board Production by Region: 2021-2026
- 5.2.2 Global LNG Thermal Insulation Board Production Forecast by Region (2027-2032)
- 5.3 Global LNG Thermal Insulation Board Production Value Estimates and Forecasts by Region: 2021 VS 2025 VS 2032
- 5.4 Global LNG Thermal Insulation Board Production Value by Region: 2021-2032
- 5.4.1 Global LNG Thermal Insulation Board Production Value by Region: 2021-2026
- 5.4.2 Global LNG Thermal Insulation Board Production Value Forecast by Region (2027-2032)
- 5.5 Global LNG Thermal Insulation Board Market Price Analysis by Region (2021-2026)
- 5.6 Global LNG Thermal Insulation Board Production and Value, YOY Growth
- 5.6.1 North America LNG Thermal Insulation Board Production Value Estimates and Forecasts (2021-2032)
- 5.6.2 Europe LNG Thermal Insulation Board Production Value Estimates and Forecasts (2021-2032)
- 5.6.3 China LNG Thermal Insulation Board Production Value Estimates and Forecasts (2021-2032)
- 5.6.4 Japan LNG Thermal Insulation Board Production Value Estimates and Forecasts (2021-2032)
6 Global LNG Thermal Insulation Board Consumption by Region
- 6.1 Global LNG Thermal Insulation Board Consumption Estimates and Forecasts by Region: 2021 VS 2025 VS 2032
- 6.2 Global LNG Thermal Insulation Board Consumption by Region (2021-2032)
- 6.2.1 Global LNG Thermal Insulation Board Consumption by Region: 2021-2026
- 6.2.2 Global LNG Thermal Insulation Board Forecasted Consumption by Region (2027-2032)
- 6.3 North America
- 6.3.1 North America LNG Thermal Insulation Board Consumption Growth Rate by Country: 2021 VS 2025 VS 2032
- 6.3.2 North America LNG Thermal Insulation Board Consumption by Country (2021-2032)
- 6.3.3 United States
- 6.3.4 Canada
- 6.3.5 Mexico
- 6.4 Europe
- 6.4.1 Europe LNG Thermal Insulation Board Consumption Growth Rate by Country: 2021 VS 2025 VS 2032
- 6.4.2 Europe LNG Thermal Insulation Board Consumption by Country (2021-2032)
- 6.4.3 Germany
- 6.4.4 France
- 6.4.5 U.K.
- 6.4.6 Italy
- 6.4.7 Russia
- 6.4.8 Spain
- 6.4.9 Netherlands
- 6.4.10 Switzerland
- 6.4.11 Sweden
- 6.4.12 Poland
- 6.5 Asia Pacific
- 6.5.1 Asia Pacific LNG Thermal Insulation Board Consumption Growth Rate by Country: 2021 VS 2025 VS 2032
- 6.5.2 Asia Pacific LNG Thermal Insulation Board Consumption by Country (2021-2032)
- 6.5.3 China
- 6.5.4 Japan
- 6.5.5 South Korea
- 6.5.6 India
- 6.5.7 Australia
- 6.5.8 Taiwan
- 6.5.9 Southeast Asia
- 6.6 South America, Middle East & Africa
- 6.6.1 South America, Middle East & Africa LNG Thermal Insulation Board Consumption Growth Rate by Country: 2021 VS 2025 VS 2032
- 6.6.2 South America, Middle East & Africa LNG Thermal Insulation Board Consumption by Country (2021-2032)
- 6.6.3 Brazil
- 6.6.4 Argentina
- 6.6.5 Chile
- 6.6.6 Turkey
- 6.6.7 GCC Countries
7 Segment by Type
- 7.1 Global LNG Thermal Insulation Board Production by Type (2021-2032)
- 7.1.1 Global LNG Thermal Insulation Board Production by Type (2021-2032) & (t)
- 7.1.2 Global LNG Thermal Insulation Board Production Market Share by Type (2021-2032)
- 7.2 Global LNG Thermal Insulation Board Production Value by Type (2021-2032)
- 7.2.1 Global LNG Thermal Insulation Board Production Value by Type (2021-2032) & (US$ Million)
- 7.2.2 Global LNG Thermal Insulation Board Production Value Market Share by Type (2021-2032)
- 7.3 Global LNG Thermal Insulation Board Price by Type (2021-2032)
8 Segment by Application
- 8.1 Global LNG Thermal Insulation Board Production by Application (2021-2032)
- 8.1.1 Global LNG Thermal Insulation Board Production by Application (2021-2032) & (t)
- 8.1.2 Global LNG Thermal Insulation Board Production Market Share by Application (2021-2032)
- 8.2 Global LNG Thermal Insulation Board Production Value by Application (2021-2032)
- 8.2.1 Global LNG Thermal Insulation Board Production Value by Application (2021-2032) & (US$ Million)
- 8.2.2 Global LNG Thermal Insulation Board Production Value Market Share by Application (2021-2032)
- 8.3 Global LNG Thermal Insulation Board Price by Application (2021-2032)
9 Value Chain and Sales Channels Analysis of the Market
- 9.1 LNG Thermal Insulation Board Value Chain Analysis
- 9.1.1 LNG Thermal Insulation Board Key Raw Materials
- 9.1.2 Raw Materials Key Suppliers
- 9.1.3 LNG Thermal Insulation Board Production Mode & Process
- 9.2 LNG Thermal Insulation Board Sales Channels Analysis
- 9.2.1 Direct Comparison with Distribution Share
- 9.2.2 LNG Thermal Insulation Board Distributors
- 9.2.3 LNG Thermal Insulation Board Customers
10 Global LNG Thermal Insulation Board Analyzing Market Dynamics
- 10.1 LNG Thermal Insulation Board Industry Trends
- 10.2 LNG Thermal Insulation Board Industry Drivers
- 10.3 LNG Thermal Insulation Board Industry Opportunities and Challenges
- 10.4 LNG Thermal Insulation Board Industry Restraints
11 Report Conclusion
12 Disclaimer
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