High-Performance Insulation Materials Market Size Expected to Reach $9612.5 Million by 2027, at a CAGR of 5.0%

In 2020, the global High-Performance Insulation Materials market size was US$ 6837 million and it is expected to reach US$ 9612.5 million by the end of 2027, with a CAGR of 5.0% during 2021-2027.

Insulating material - a material that reduces or prevents the transmission of heat or sound or electricity. Insulation may be categorized by its Type (Aerogel, Ceramic Fiber, Glass Bubble, EPS, XPS), form (batts, blankets, loose-fill, spray foam, and panels), Application (Oil & Gas, Industrial, Construction, Transportation and Power Generation, Automotive, and Paints & Coatings), functional mode (conductive, radiative, convective), resistance to heat transfer, environmental impacts, and more. Sometimes a thermally reflective surface called a radiant barrier is added to a material to reduce the transfer of heat through radiation as well as conduction. The choice of which material or combination of materials is used depends on a wide variety of factors. Some insulation materials have health risks, some so significant the materials are no longer allowed to be used but remain in use in some older buildings such as asbestos fibers and urea.

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Global High-Performance Insulation Materials key players include Morgan Thermal Ceramics, The 3M Company, Unifrax Corporation, Cabot Corporation, Shandong Luyang Share Co., Ltd., etc. Global top five manufacturers hold a share over 20%.

North America is the largest market, with a share about 25%, followed by China, and Europe, both have a share over 45 percent.

In terms of product, Aerogels is the largest segment, with a share over 40%. And in terms of application, the largest application is Industrial, followed by Construction, Oil and Gas, etc.

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High-Performance Insulation Materials market is segmented by region, by country, company, type, application and by sales channels. Players, stakeholders, and other participants in the global High-Performance Insulation Materials market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region, by country, company, type, application and by sales channels for the period 2016-2027.

Segment by Type, the High-Performance Insulation Materials market is segmented into

o Ceramic Fibers
o Aerogels
o Others

Segment by Application, the High-Performance Insulation Materials market is segmented into

o Oil and Gas
o Industrial
o Construction
o Others

The major companies include:

o Morgan Thermal Ceramics
o The 3M Company
o Unifrax Corporation
o Cabot Corporation
o Shandong Luyang Share Co., Ltd.
o Ibiden Co. Ltd.
o Aspen Aerogels, Inc.
o Isolite Insulating Products Co., Ltd.
o BASF SE
o Guangdong Alison Hi-Tech Co. Ltd.
o Aerogel Technologies, Llc
o Nano High-Tech Co., Ltd.

Similar Reports:

Ceramic Fiber Market: https://reports.valuates.com/reports/QYRE-Othe-4O445/ceramic-fiber

High Performance Fiber Market: https://reports.valuates.com/reports/QYRE-Othe-1S480/high-performance-fiber

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