Global High Temperature Insulation Materials Market, By Material Type (Ceramic Fiber, Insulating Firebrick, Calcium Silicate, Vacuum-Formed Insulating Products, Polyurethane Foam, Polystyrene, Others), Temperature Range (600°C-1100°C, 1100°C-1500°C, 1500°C-1700°C, 1700°C and Above), Application (Insulation, Industrial Equipment, Others), End User (Petrochemicals, Ceramics, Glass, Cement, Iron and Steel, Refractory, Powder Metallurgy, Aluminum, Others), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E, Saudi Arabia, Egypt, South Africa, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2028
High temperature insulation materials market size is expected to grow at a compound annual growth rate of 6.40% for the forecast period of 2021 to 2028. Data Bridge Market Research report on high temperature insulation materials market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecasted period while providing their impacts on the market’s growth.
High temperature insulation materials are the materials that operate at elevated temperature range. These materials help to provide better performance, consistency and safety. These are used across various verticals counting petrochemicals, ceramics, cement, iron and steel, powder metallurgy and others.
The rise in need for energy savings is expected to influence the growth of the high temperature insulation materials market. In line with this, the reduction of emission levels and rapid shift of manufacturing base are also anticipated to act as key determinants favoring the growth of the high temperature insulation materials market over the forecast period of 2021 to 2028. Also the, rise in the implementation of HTI materials in various industries such as cement, petrochemical and metals manufacturing and increase in the R&D are also expected to positively impact the growth of the high temperature insulation materials market. The major factor accountable for the growth of the market is the development of the novel manufacturing units that practice high-temperature insulations.
However, the carcinogenic nature of ceramic fibers and stringent regulations concerning the use of high temperature insulation materials are likely to act as key restraints towards high temperature insulation materials market growth rate in the forecast period of 2021 to 2028, whereas the various harmful effects as a result of exposure can challenge the growth of the high temperature insulation materials market in the above mentioned forecast period.
Furthermore, the rapid development of low bio persistent materials, emergence of applications in the aerospace and automotive industries and rise in the concerns regarding energy saving and greenhouse gas emission across various countries are expected to offer a variety of growth opportunities for the high temperature insulation materials market in the above mentioned forecast period.
This high temperature insulation materials market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographical expansions, technological innovations in the market. To gain more info on high temperature insulation materials market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global High Temperature Insulation Materials Market Scope and Market Size
High temperature insulation materials market is segmented on the basis of material type, temperature range, application and end user. The growth amongst the different segments helps you in attaining the knowledge related to the different growth factors expected to be prevalent throughout the market and formulate different strategies to help identify core application areas and the difference in your target markets.
- Based on material type, the high temperature insulation materials market is segmented into ceramic fiber, insulating firebrick, calcium silicate, vacuum-formed insulating products, polyurethane foam, polystyrene and others. Ceramic fiber has further been segmented into refractory ceramic fiber (RCF), low bio persistent ceramic fibers and polycrystalline ceramic fibers. Insulating firebrick has further been segmented into acidic refractory bricks, neutral refractory bricks and basic refractory bricks. Calcium silicate has further been segmented into lightweight calcium silicate, medium dense calcium silicate and dense calcium silicate. Others have further been segmented into perlite, vermiculite and microporous materials.
- On the basis of temperature range, the high temperature insulation materials market is segmented into 600°c-1100°c, 1100°c-1500°c, 1500°c-1700°c and1700°c and above.
- Based on application, the high temperature insulation materials market is segmented into insulation, industrial equipment and others.
- The end user segment for high temperature insulation materials market is segmented into petrochemicals, ceramics, glass, cement, iron and steel, refractory, powder metallurgy, aluminum and others.
High Temperature Insulation Materials Market Country Level Analysis
High temperature insulation materials market is analyzed and market size, volume information is provided by country, material type, temperature range, application and end user as referenced above.
The countries covered in the market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
Asia-Pacific leads the high temperature insulation materials market because of the rapid shift in the manufacturing base of several end-use industries, rise in foreign investments and increase in the number of new manufacturing establishments in different sectors. North America is expected to expand at a significant growth of the over the forecast of 2021 to 2028 due to rapid industrialization.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and High Temperature Insulation Materials Market Share Analysis
High temperature insulation materials market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to high temperature insulation materials market.
The major players covered in the high temperature insulation materials market report are Morgan Advanced Materials, Luyang Energy-Saving Materials Co., Ltd., RHI Magnesita GmbH, Mitsubishi Chemical Corporation, 3M, Isolite Insulating Products Co., Ltd., Etex Group, Unifrax, BNZ Materials, Pyrotek, tmax Germany GmbH, Insulcon B.V., PAR Group, ADL INSULFLEX INC., M.E. SCHUPP Industriekeramik GmbH, Owens Corning, IBIDEN, Pacor, Inc., BASF SE, and Saint-Gobain, among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.