Phenolic and cellular glass mechanical insulation have each been demonstrated as viable choices for cold applications when 25/50 (per ASTM E84) is required, particularly in chilled water applications. This Technical Bulletin offers an objective comparison - - with the conclusion that when comparing both side by side, the overall advantages clearly belong to phenolic.
The new phenolic is not the old phenolic
Phenolic with 60% better insulating value
Phenolic is roughly 67% lower cost per board foot
#2 and 3 above when taken together puts phenolic capital costs possibly at one-third that cellular glass - - and that's ignoring fabrication and installation
Phenolic is one-third the weight of cellular glass
In summary, both phenolic and cellular glass have been demonstrated as viable choices as insulation for cold applications when 25/50 is required. However, when comparing both side by side, the overall advantages clearly belong to phenolic.
Below is a link to the full Technical Bulletin
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