openPR Logo
Press release

High Temperature Insulation Market Size, Gross Revenue, Shares, Worldwide Industry Revenue By Major Vendors – 3M, Isolite, Morgan Thermal Ceramics, Unifrax, Pacor, Pyrotek, Promat, Luyang Energy-Saving Materials Co., Ltd., and Zircar among others.

High Temperature Insulation Market

High Temperature Insulation Market

The high temperature insulation materials market is estimated to account for $ 4.0 billion in 2017, and is projected to grow at a CAGR of 7.5% to reach $ 6.1 billion by 2023. The major driving factor for HTI materials market have been the rising awareness and emphasis on use of energy efficient products owing to stringent regulations in place to reduce the GHG emissions. The major restraint observed in the HTI market is the carcinogenic nature of insulation material which is found to pose risks to human health. Therefore, stringent regulations have been in place to guide the production process, primarily in the North American and European markets. The opportunities for players in the HTI market lies in exploring the novel applications in the segments such as aerospace, automotive, renewable, and fire protection alongside devolvement of bio-based insulation materials. With respect to high temperature insulation materials types, Ceramic fiber is the largest segment. The superior properties of ceramic fibers, such as low thermal conductivity, high strength, and lightweight, and wide range of operating temperatures has been driving the ceramic fibers’ demand over the years.

The ceramic fibers segment is estimated to account for $ 2.0 billion in 2017 and is projected to grow at a CAGR of 5.0% between 2018 and 2023.
Calcium silicate, another HTI material is expected to witness the highest CAGR of 6.0% over the forecast period. The demand for insulation on industrial grade piping and equipment is increasing across most of the developing economies. Moreover, rise in drilling activities in the petroleum segment globally has fueled the demand for high temperature insulation materials.
The temperature range of 600°C-1100°C has the most widespread products thus accounts for the largest segment among all temperature ranges. This is owing to the maximum use of HTI materials (such as ceramic fibers, insulating firebricks) in the temperature range of 600°C-1100°C.

In terms of market value and volume, Asia-Pacific is the largest segment for high temperature insulation materials market. Emerging economies are the driving force of the HTI industry in this subcontinent. The emerging economies such as China and India offers a bunch of favorable factors such as low labor cost, high growth potential of the end-use industries, and gradual increase in manufacturing establishments. Cumulatively all these factors drive the high temperature insulation materials market in the Asia-Pacific region.

Download PDF Sample of this Market Research Report@ https://www.supplydemandmarketresearch.com/home/contact/6229?ref=Sample-and-Brochure&toccode=SDMRCH6229

Ceramics industry is expected to grow at the highest CAGR of over 7.0% over the projected period. This is due to rising trend of ceramic fibers replacing asbestos lining in furnaces and kilns, thus propelling the HTI materials demand. HTI is also gaining popularity among the powder metallurgy manufacturers. Also, industries such as aerospace, solar equipment, and fire protection industries are also expected to augment the demand for HTI over the forecast period.

The high temperature insulation materials market is highly fragmented and competitive in nature. A large number of multinational corporations and small players operate in this segment through manufacturing and development of diversified products. Quality, price, production capabilities and continuous innovation are the main pillars driving the competition in the industry. The companies aim for strategic collaborations to expand their global footprint and product portfolio in order to strengthen their market position. The key players operating in this industry are 3M, Isolite, Morgan Thermal Ceramics, Unifrax, Pacor, Pyrotek, Promat, Luyang Energy-Saving Materials Co., Ltd., and Zircar among others.

Get Instant Discount on this report@ https://www.supplydemandmarketresearch.com/home/contact/6229?ref=Discount&toccode=SDMRCH6229

Secondary Research:
Our research methodology involves in-depth desk research using various secondary sources. Data is gathered from association/government publications/databases, company websites, press releases, annual reports/presentations/sec filings, technical papers, journals, research papers, magazines, conferences, tradeshows, and blogs.

Key Data Points through secondary research-
• Macro-economic data points
• Import Export data
• Identification of major market trends across various applications
• Primary understanding of the industry for both the regions

Competitors analysis for the production capacities, key production sites, competitive landscape
• Key customers
• Production Capacity
• Pricing Scenario
• Cost Margin Analysis

Get full Access of this Market Research Report@ https://www.supplydemandmarketresearch.com/home/purchase?code=SDMRCH6229

Contact Us
info@supplydemandmarketresearch.com
https://supplydemandmarketresearch.com
Global Contact: +1-276-477-5910

About Supply Demand Market Research(SDMR)

We have a strong network of high powered and experienced global consultants who have about 10+ years of experience in the specific industry to deliver quality research and analysis.
Having such an experienced network, our services not only cater to the client who wants the basic reference of market numbers and related high growth areas in the demand side, but also we provide detailed and granular information using which the client can definitely plan the strategies with respect to both supply and demand side.

302-20 Misssisauga Valley, Missisauga,
L5A 3S1, Toronto

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release High Temperature Insulation Market Size, Gross Revenue, Shares, Worldwide Industry Revenue By Major Vendors – 3M, Isolite, Morgan Thermal Ceramics, Unifrax, Pacor, Pyrotek, Promat, Luyang Energy-Saving Materials Co., Ltd., and Zircar among others. here

News-ID: 1518666 • Views:

More Releases from Supply Demand Market Research

South Korea Flounder Market Anticipated to grow at a CAGR of 8% from 2023-2030
South Korea Flounder Market Anticipated to grow at a CAGR of 8% from 2023-2030
The South Korea flounder is anticipated to grow at a CAGR% of 8.0% from 2022-2030. The factors contributing towards the high growth are flounders such as halibut and turbot high-protein and low-calorie food, helps to re-solve the nutritional imbalance from diet because of its rich minerals, carbohydrates and vitamins despite low-calorie. They also offer medical benefits as liver of halibut contains lots of vitamin B1 and B2, which is effective
Global Flounder Market Anticipated to reach USD 56 Billion by 2030
Global Flounder Market Anticipated to reach USD 56 Billion by 2030
The global flounder market is anticipated to reach USD 56 Billion by 2030, growing at a CAGR% of 8.0% from 2022-2030. The factors contributing towards the high growth are flounders such as halibut and turbot high-protein and low-calorie food, helps to re-solve the nutritional imbalance from diet because of its rich minerals, carbohydrates and vitamins despite low-calorie. They also offer medical benefits as liver of halibut contains lots of vitamin
Global Seafood Market Anticipated to reach USD 730 Billion by 2030
Global Seafood Market Anticipated to reach USD 730 Billion by 2030
The global seafood market is anticipated to reach USD 730 Billion by 2030, growing at a CAGR% of 8.9% from 2022-2030. The factors contributing towards the high growth are increased disposable income, awareness of fish being used as an ingredient in healthy food is growing. USA the government plans to sanction illegal fishing activities, actively promote fair trade, and promote strategies to promote the fishing industry through detailed strategies such
Robotic Palletizers Market Is Expected to Reach US$11.98 Billion by 2033
Robotic Palletizers Market Is Expected to Reach US$11.98 Billion by 2033
The global robotic palletizers market is anticipated to reach $11.98 billion by 2033, presenting a 2023-2033 CAGR of 8.3%. The factors contributing towards the growth include the emerging Industry 4.0, a large scope for AI innovation, an increasing adoption of advanced industrial robotics to improve productivity and safety in manufacturing sectors, and the increasing government initiatives. The report is highlighted with 122 tables and 96 figures, this 209-page report "Global Robotic

All 5 Releases


More Releases for HTI

High-temperature Insulation (HTI) Materials Market Future Strategies and Growth …
The "High-temperature Insulation (HTI) Materials Market" intelligence report, just published by USD Analytics, covers a micro-level study of important market niches, product offers, and sales channels. To determine market size, potential, growth trends, and competitive environment, the High-temperature Insulation (HTI) Materials Market provides dynamic views. Both primary and secondary sources of data were used to generate the research, which has both qualitative and quantitative depth. Several of the major figures
Global Medical Injection Molding Market: Emerging Trends, Major Key Players C&J …
According to the report, The global medical injection molding market size was valued at USD 1.38 billion in 2019 and is expected to grow at a compound annual growth rate (CAGR) of 8.2% from 2020 to 2027. Request Free Sample Report or PDF Copy: https://report.evolvebi.com/index.php/sample/request?referer=OpenPR&reportCode=006847 The latest research report published by Evolve Business Intelligence examines the impacts of numerous market aspects on the global MEDICAL INJECTION MOLDING industry including a look
HTI Plastics will be exhibiting at SHOW Show® 2022
HTI Plastics is proud to be an exhibitor at the 2022 SHOT Show®, the largest Shooting, Hunting and Outdoor Trade Show in Las Vegas, NV. We look forward to meeting and seeing everyone at SHOT Show®, from both big and small gun companies, and what the newest accessories are for some of these well manufactured sporting goods products. New Product Center - Moving to Caesars Forum. One of the most popular spots visited
420-Ton Injection Molding Press added to the HTI machine inventory!
Lincoln, NE – HTI Plastics recently purchased a new 420-Ton Engel injection Molding press with an integrated Engel Viper 20 robot. The versatile press, with capabilities to produce products across a number of applications, will add to HTI’s impressive stable of injection molding machines, and keep HTI on the cutting-edge of technology. The press will allow HTI to expand the company’s services in a variety of areas for the
Hti Market 2021 Growth, COVID Impact, Trends Analysis Report 2027
The Global Hti Market size is expected to grow at an annual average of 7.3% during 2021-2027. The detailed study of High Temperature Insulation Materials (HTI) Market complies with primary and secondary studies and has been validated by industry experts. This is a must-have report if you plan to understand inside and outside the High Temperature Insulation Materials (HTI) market. You can also get free analyst support through this report. A
Global Insulating Fire Bricks Market 2019 - BNZ Materials, Morgan Advanced Mater …
This new report by Eon Market Research, titled “Global Insulating Fire Bricks Market 2019 Research Report, 2015 – 2025” offers a comprehensive analysis of Insulating Fire Bricks industry at a global as well as regional and country level. Key facts analyzed in this report include the Insulating Fire Bricks market size by players, regions, product types and end industries, history data 2014-2018 and forecast data 2019-2025. This report primarily focuses