The global refrigeration and insulation panel markets are driven by two main factors production economics and insulation values.
Simon Robinson spoke to a number of machinery suppliers to assess their views on these markets.
Energy efficiency and production efficiency have been two of the big drivers in the domestic refrigeration market according to machinery suppliers surveyed by Urethanes Technology International over the summer.
In geographical terms, the markets for refrigeration appliances — such as domestic or commercial refrigerators — and the market for insulating board machinery are quite different. By looking at the machinery trends in these areas it is possible to get a good idea of what the manufacturers are doing.
Rolf Trippler, Hennecke managing director said “it is hard to detect a market for domestic refrigeration that is growing really strongly.” “Looking at projects, NAFTA is the strongest market this year,” Trippler said. However he said for Hennecke this was because of “a few high volume projects.”
Hennecke is finding that the market for refrigeration “in Asia in general and China in particular are very quiet at the moment,” Trippler added.
He continued: “Our information from the Chinese market [is that], all appliance companies are suffering.”
“Latin America is very difficult for international companies…