The Worldwide High Temperature Insulation Materials Industry is Expected to Reach $8.3 Billion by 2027 at a 8.46% CAGR

2022-07-15 22:27:29 By : Mr. Eric Hua

Global High Temperature Insulation Materials Market

Dublin, July 13, 2022 (GLOBE NEWSWIRE) -- The "High Temperature Insulation Materials Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027" report has been added to ResearchAndMarkets.com's offering. The global high temperature insulation materials market reached a value of US$ 5.1 Billion in 2021. Looking forward, the publisher expects the market to reach US$ 8.3 Billion by 2027, exhibiting a CAGR of 8.46% during 2021-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use industries. These insights are included in the report as a major market contributor. High-temperature insulation (HTI) materials refer to various microporous materials that aid in preventing the transfer of heat and energy in various industrial applications. It includes materials, such as ceramic fibers, insulating firebricks and calcium silicate, which are used in high-pressure steam piping, flanges, boilers, dryers, furnaces and turbines. These materials also aid in protecting the equipment from extreme temperature changes, minimizing energy utilization and reducing greenhouse gas (GHG) emissions into the environment. Owing to this, they find extensive applications across the commercial, residential and industrial sectors. Rapid industrialization across the globe is one of the key factors driving the growth of the market. In line with this, expansion in the petrochemical industry is also providing a boost to the market growth. The pressure- and heat-resistant HTI materials are widely used as insulating and fire-proof linings in the manufacturing of various industrial boards, cast shapes and textile products. Rising environmental consciousness, including concerns regarding the depletion of traditional sources of energy, is acting as another growth-inducing factor.

Manufacturers are emphasizing on producing sustainable HTI materials that are environment-friendly and stable under high temperatures and compressive pressure. This has resulted in the widespread adoption of recyclable and reusable bio-based alternatives, such as seagrass, cellulose flakes, hemp mats and sheep wool, thereby creating a positive impact on the market growth. Other factors, including increasing product utilization in the aerospace and automotive industries, along with extensive research and development (R&D) activities, are projected to drive the market further.

The competitive landscape of the industry has also been examined with some of the key players being 3M, ADL Insulflex Inc., Almatis GmbH, BNZ Materials, Dysons, Insulcon BV, Isolite Insulating Products Co. Ltd., M.E. Schupp Industriekeramik GmbH, Mitsubishi Chemical Holdings, Morgan Advanced Materials, Pacor Inc., Promat, Pyrotek Inc., RHI Magnesita, Skamol, Unifrax Corporation, etc. Key Questions Answered in This Report:

How has the global high temperature insulation materials market performed so far and how will it perform in the coming years?

What are the key regional markets?

What has been the impact of COVID-19 on the global high temperature insulation materials market?

What is the breakup of the market based on the material type?

What is the breakup of the market based on the temperature range?

What is the breakup of the market based on the end-use industry?

What are the various stages in the value chain of the industry?

What are the key driving factors and challenges in the market?

What is the structure of the global high temperature insulation materials market and who are the key players?

What is the degree of competition in the market?

Key Topics Covered: 1 Preface 2 Scope and Methodology 3 Executive Summary 4 Introduction 4.1 Overview 4.2 Key Industry Trends 5 Global High Temperature Insulation Materials Market 5.1 Market Overview 5.2 Market Performance 5.3 Impact of COVID-19 5.4 Market Forecast 6 Market Breakup by Material Type 6.1 Ceramic Fibers 6.1.1 Market Trends 6.1.2 Market Forecast 6.2 Insulating Firebricks 6.2.1 Market Trends 6.2.2 Market Forecast 6.3 Calcium Silicate 6.3.1 Market Trends 6.3.2 Market Forecast 6.4 Others 6.4.1 Market Trends 6.4.2 Market Forecast 7 Market Breakup by Temperature Range 7.1 6000C-11000C (1112F-2012F) 7.1.1 Market Trends 7.1.2 Market Forecast 7.2 11000C-15000C (2012F-2732F) 7.2.1 Market Trends 7.2.2 Market Forecast 7.3 15000C-17000C (2732F-3092F) 7.3.1 Market Trends 7.3.2 Market Forecast 7.4 17000C and Above (3092F) 7.4.1 Market Trends 7.4.2 Market Forecast 8 Market Breakup by End-Use Industry 8.1 Petrochemical 8.1.1 Market Trends 8.1.2 Market Forecast 8.2 Ceramic 8.2.1 Market Trends 8.2.2 Market Forecast 8.3 Glass 8.3.1 Market Trends 8.3.2 Market Forecast 8.4 Aluminum 8.4.1 Market Trends 8.4.2 Market Forecast 8.5 Iron and Steel 8.5.1 Market Trends 8.5.2 Market Forecast 8.6 Cement 8.6.1 Market Trends 8.6.2 Market Forecast 8.7 Refractory 8.7.1 Market Trends 8.7.2 Market Forecast 8.8 Powder Metallurgy 8.8.1 Market Trends 8.8.2 Market Forecast 8.9 Others 8.9.1 Market Trends 8.9.2 Market Forecast 9 Market Breakup by Region 10 SWOT Analysis 11 Value Chain Analysis 12 Porters Five Forces Analysis 13 Price Indicators 14 Competitive Landscape 14.1 Market Structure 14.2 Key Players 14.3 Profiles of Key Players 14.3.1 3M 14.3.1.1 Company Overview 14.3.1.2 Product Portfolio 14.3.1.3 Financials 14.3.1.4 SWOT Analysis 14.3.2 ADL Insulflex Inc. 14.3.2.1 Company Overview 14.3.2.2 Product Portfolio 14.3.3 Almatis GmbH 14.3.3.1 Company Overview 14.3.3.2 Product Portfolio 14.3.3.3 Financials 14.3.4 BNZ Materials 14.3.4.1 Company Overview 14.3.4.2 Product Portfolio 14.3.5 Dysons 14.3.5.1 Company Overview 14.3.5.2 Product Portfolio 14.3.6 Insulcon BV 14.3.6.1 Company Overview 14.3.6.2 Product Portfolio 14.3.7 Isolite Insulating Products Co. Ltd. 14.3.7.1 Company Overview 14.3.7.2 Product Portfolio 14.3.7.3 Financials 14.3.8 M.E. Schupp Industriekeramik GmbH 14.3.8.1 Company Overview 14.3.8.2 Product Portfolio 14.3.8.3 Financials 14.3.9 Mitsubishi Chemical Holdings 14.3.9.1 Company Overview 14.3.9.2 Product Portfolio 14.3.9.3 Financials 14.3.9.4 SWOT Analysis 14.3.10 Morgan Advanced Materials 14.3.10.1 Company Overview 14.3.10.2 Product Portfolio 14.3.10.3 Financials 14.3.11 Pacor Inc. 14.3.11.1 Company Overview 14.3.11.2 Product Portfolio 14.3.12 Promat 14.3.12.1 Company Overview 14.3.12.2 Product Portfolio 14.3.13 Pyrotek Inc. 14.3.13.1 Company Overview 14.3.13.2 Product Portfolio 14.3.14 RHI Magnesita 14.3.14.1 Company Overview 14.3.14.2 Product Portfolio 14.3.14.3 Financials 14.3.15 Skamol 14.3.15.1 Company Overview 14.3.15.2 Product Portfolio 14.3.15.3 Financials 14.3.16 Unifrax Corporation 14.3.16.1 Company Overview 14.3.16.2 Product Portfolio For more information about this report visit https://www.researchandmarkets.com/r/luz2fv

Global High Temperature Insulation Materials Market

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