High Temperature Refractory Insulation Market Size, Status, Demand, Growth and Overview Outlook 2023 | Morgan Advanced Materials, Unifrax Corporation, RHI Magnesita, Shinagawa refractories

The Latin American ball High Temperature Refractory Insulation market is projected to display growth represented by a CAGR of over 8.44% during 2018 – 2023.

The Global High Temperature Refractory Insulation Material Market was valued at USD 4.73 Billion in the year 2018. Key responsible factors for high demand of High Temperature Refractory Insulation Materials include product performance, durability and growing adoption in developed and developing countries. Refractories products have been finding its major applications in manufacturing process for steel, iron, glass, ceramics, metal and cement industries. Moreover, Iron & steel and glass & ceramics industries are anticipated to boost the market growth in the coming years owing to the growing applications.

Emerging trend for the high temperature refractory insulation material market is consolidation in the refractory manufacturing industry. In order to survive in the global market and successfully retain their competitive advantage, the currently existing refractory product manufacturers are inducing to consolidate their resources.

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Global High Temperature Refractory Insulation Market Report covers market characteristics, size, share, growth, segmentation, trend, regional forecast, competitive landscape, market, development strategies and forecast to 2023.At present, the market is developing its presence and some of the key players profiled in the report include Morgan Advanced Materials, Unifrax Corporation, RHI Magnesita, Shinagawa refractories, Bnz Materials Inc., IBIDEN, Pacor Inc, Etex Group, Isolite Insulating Products Co, Ltd, Almatis GmbH, and Other.

Industry News: 12/12/2018

Fuel for thought – Replacing high temperature grade refractory ceramic fibre (RCF) linings in the petrochemical industry

In the petrochemical world, RCF, also known as aluminosilicate wool (ASW), has long ruled as the material for lining fired heaters. It’s not hard to understand why - the material possesses several attributes that ensure it performs well in the harsh environment. This includes having a low thermal conductivity and heat capacity, superior thermal shock resistance and the ability to withstand extreme temperatures. On the operation side, it is renowned for its excellent handleability and longevity in service, while it has a good resistance to pollutants.

These characteristics mean RCF can extend the life of fired heaters, increase their energy efficiency and ultimately the furnace’s reliability.

However, despite its benefits, RCF does come with its drawbacks. Notably, the material produces crystalline silica as a by-product when fired, which can have an adverse effect on health when overexposure occurs. European Union (EU) regulations are now in place to address the health concerns of RCF and crystalline silica, requiring materials manufacturers to search for innovative solutions to protect workers and introduce furnace linings fit for the future.

High Temperature Refractory Insulation Market By Material – Ceramic Fibers, Insulating Fire Bricks, Calcium Silicate, Others.

High Temperature Refractory Insulation Market By End Users– Petrochemical, Iron & Steel, Glass & Ceramics, Power, Others.

A comprehensive research report created through extensive primary research (inputs from industry experts, companies, stakeholders) and secondary research, the report aims to present the analysis of Global High Temperature Refractory Insulation Market By Region (America, Europe, Asia Pacific, MEA) and By Country (United States, Canada, Mexico, Brazil, United Kingdom, Germany, France, China, Japan, India).

Global High Temperature Refractory Insulation Market Report comprises of analysis of vendor profile, which includes financial status, business units, key business priorities, SWOT, business strategies, and views. The report covers the competitive landscape, which includes M&A, joint ventures and collaborations, and competitor comparison analysis.

The Global High Temperature Refractory Insulation Market Research Report is a valuable source of insightful data for business strategists. It provides the High Temperature Refractory Insulation industry overview with growth analysis and historical & futuristic cost, revenue, demand and supply data (as applicable). The research analysts provide an elaborate description of the value chain and its distributor analysis. This High Temperature Refractory Insulation market study provides comprehensive data which enhances the understanding, scope and application of this report.

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