The global high temperature insulation material market is projected to grow at a CAGR of 8% during 2019 to 2024. The growth of high temperature insulation material market is driven by increasing awareness regarding energy conservation and strict policy imposed on cement, oil & gas, and metal producers to reduce greenhouse gas (GHG) emissions.
Some of the Key Questions answered in
this exclusive report are:
Q.1 What are some of the
most promising potential, high-growth opportunities for the global high
temperature insulation materials market by material type (ceramic fibers,
insulating firebricks (IFB), calcium silicate, and others), temperature range
[(600-1100)0C or (1112-2012)0F, (1100-1500) 0C or (2012-2732) 0F, (1500-1700)
0C or (2732-3092) 0F, and 17000C and above or 30920F and above], end use
industry (petrochemical, ceramics, glass, aluminum, cement, iron & steel,
refractory, powder metallurgy, and others {aerospace, automotive, fire
protection, and solar applications}), and region (North America, Europe, Asia
Pacific, and RoW)?
Q.2 Which segments will
grow at a faster pace and why?
Q.3 What are the
business risks and threats to the high temperature insulation material market?
Q.4 What are some
changing demands of customers in the high temperature insulation material
market?
Q.5 What are the new
developments in the high temperature insulation material market? Which
companies are leading these developments?
Q.6 What strategic
initiatives are being implemented by key players for business growth?
Q.7 What are some of the
competitive products and processes in this high temperature insulation material
area and how big of a threat do they pose for loss of market share via product
substitution?
Q.8 What M&A
activity has occurred in the last 5 years in this high temperature insulation
material market?
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Market Segmentation:
Based on material type,
the high temperature insulation material market is segmented into ceramic
fibers, insulating firebricks (IFB), calcium silicate, and others.. The ceramic
fiber segment accounted for the largest share of the market in 2020 and is
expected to register the highest CAGR during the forecast period.
Asia Pacific will remain
the largest market over the forecast period due to the shift in the
manufacturing base of several end use industries in China, India, and South
East Asia region and rise in the number of new manufacturing establishments in
different sectors.
Key Players in the high
temperature insulation material market are Morgan Thermal Ceramics Plc,
Unifrax, Etex Group, RHI AG, Isolite, Promat, Pyrotek, Skamol A/S, Mitsubishi
Plastics Inc, Dyson Group, and Almatis GmbH.
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The report helps stakeholders understand the
pulse of the market and provides them with information on key drivers,
restraints, challenges, and opportunities for market growth. It would also help
to understand the competitors better and gain more insights to improve their
position in the business.
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About
Lucintel
Lucintel,
the premier global management consulting and market research firm, creates
winning strategies for growth. It offers market assessments, competitive
analysis, opportunity
analysis, growth
consulting, M&A, and due diligence services to executives and
key decision-makers in a variety of industries. For further information, visit www.lucintel.com.
Brandon
Fitzgerald
Lucintel
Dallas,
Texas, USA
Email: brandon.fitzgerald@lucintel.com
Tel. 972.636.5056
Cell: 303.775.0751
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