Global High Temperature Insulation Materials Market Thermal Ceramics, Shandong Luyang (Luyang Energy-saving Materials Co.,Ltd.), RHI Magnesita, Mitsubishi Plastics, Inc., 3M, Isolite Insulating Products Co., Ltd., Etex, Dyson, Unifrax I LLC, Almatis, Bnz
The Global High Temperature Insulation Materials Market accounted for USD 3.54 billion in 2016 and is projected to grow at a CAGR of 8.5% during the forecast period of 2017 to 2024. The upcoming market report contains data for historic years 2014, 2015, the base year of calculation is 2016 and the forecast period is 2017 to 2024.
Global High Temperature Insulation Materials Market By Type (Ceramic Fiber, Insulating Firebrick, Calcium Silicate, Other); By Temperature Range (600°C-1100°C, 1100°C-1500°C, 1500°C-1700°C, 1700°C & Above) By Application (Petrochemicals, Ceramics, Glass, Cement, Iron & Steel, Refractory, Powder metallurgy, Aluminum, Others) – Industry Trends and Forecast to 2024
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High temperature insulation materials are used in places where the temperature usually remains high. The latest trend in this market is high demand for energy saving, government regulations for emission controls and emerging economies in Asia-Pacific. There is growing demand of high temperature insulation materials for industries such as petrochemicals, ceramics, glass, cement, iron & steel, refractory, powder metallurgy, and aluminum which is, expected to be a major driver of the market over the forecast period.
Major Market Competitors:
• include Morgan Thermal Ceramics,
• Luyang Energy-Saving Materials Co., Ltd.,
• RHI AG,
• Mitsubishi Plastics Inc.,
• 3M Company,
• Isolite Insulating Products Co. Ltd.,
• Etex Group,
• Dyson Group PLC,
• Unifrax I LLC,
• Almatis GmbH,
• Bnz Materials Inc.,
• Pyrotek Inc.,
• Hi-Temp Insulation Inc.,
• Cotronics Corporation,
• Adl Insulflex Inc.,
• Insulcon Group,
• M.E Schupp Industriekeramik GmbH & Co.,
• Skamol A/S,
• Ibiden Co., Ltd.,
• Cellaris Ltd.,
• ETS Schaefer Corp.,
• Pacor Inc.,
• Par Group,
• Prairie Ceramic Corp.,
• Rath AG
The Global High Temperature Insulation Materials Market is consolidated due to the presence of a limited number of
players concentrated in few countries. These major players have adopted various organic as well as inorganic growth strategies such as mergers & acquisitions, new product launches, expansions, agreements, joint ventures, partnerships, and others to strengthen their position in this market.
Major Market Drivers:
• Growing need for energy savings
• Emission control regulations by governments
• Rapid industrialization in emerging economies of Asia-Pacific
• Carcinogenic nature of ceramic fibers
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On the basis of type:- Ceramic fiber, insulating firebrick, and calcium silicate and other.
On the basis of temperature range:- 600°C-1100°C, 1100°C-1500°C, 1500°C-1700°C, 1700°C & above.
On the basis of application:- Petrochemicals, ceramics, glass, cement, iron & steel, refractory, powder metallurgy,
aluminum and others.
On the basis of geography:-
• North America,
• South America,
• Asia-Pacific and Middle East & Africa.
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