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High Temperature Insulation Market 2024: Key Players HI-TEMP INSULATION, INC.Allmatic-Jakob Spannsysteme GmbH,3M, ADL Insulflex, Inc.
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In the industrial manufacturing systems, the ceramic fiber insulation demand is growing and it will act as a positive factor assisting the market growth in the coming years. Rising consumption in manufacturing companies of most of the developing countries of Europe and Asia Pacific will further augment the high temperature insulation market growth in the coming years.
The existence of carcinogenic compounds in these materials poses a significant threat to the market over the forecast period. Many countries are opposing them as they have negative effects on human health and environment.High Temperature Insulation Market will cross USD 4.0 billion; according to a new research report.
In terms of product, major volume and revenue are offered by the ceramic fibers. Due to its low density and thermal conductivity, they can monitor the external and equipment’s temperature simultaneously. In addition, the capability of sustaining and operating at varied temperature ranges will also enhance the ceramic fibers demand over the projected timeframe.
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In terms of end-users, the petrochemical industry is the major in volume, and it will grow at a CAGR of around 5% in the upcoming years. Increasing petrochemical operations, such as shale gas production and increasing refining activities, will primarily attribute to the market growth. Among all end-users, ceramics is the fastest growing segment, which will grow at a CAGR close to 5.5% in the projected period.
In terms of region, Asia Pacific is found to be the most dominating by 2016 with the market close to USD 870 million. Rapid industrialization in most of the Asia Pacific’s developing nations is expected to drive the Asia Pacific high temperature insulation market by 2024.
Key players in this market include Morgan, Unifrax, Hi-Temp Insulation, BASF SE, Cabot, and 3M.
Chapter 2. Executive Summary
2.1. High temperature insulation market 360° synopsis, 2013 – 2024
2.1.1. Business trends
2.1.2. Product by end-user trends
2.1.3. End-user trends
2.1.4. Regional trends
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Chapter 3. High Temperature Insulation Industry Insights
3.1. Industry segmentation
3.2. Industry size and forecast, 2013 - 2024
3.3. Industry ecosystem analysis
3.3.1. Vendor matrix
3.3.2. Distributor channel analysis
3.4. Raw material analysis
3.5. Industry impact force
3.5.1. Growth drivers
3.5.2. Industry pitfalls & challenges
3.6. Growth potential analysis
3.7. Porter’s analysis
3.8. Technology Landscape
3.8.1. Existing technologies
3.8.2. New or upcoming technologies
3.9. Company market share analysis, 2016
3.9.1. Strategy landscape
3.9.2. Emerging business models
3.10. Regulatory landscape
3.10.1. U.S.
3.10.2. Europe
3.10.3. China
3.11. PESTEL analysis
3.12. Pricing analysis
3.12.1. Regional pricing
3.12.2. Cost structure analysis
About Global Market Insights, Inc.
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.
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