Press release
Microporous Insulation Market 2021: Industry Trends, Size, Share, Growth and Forecast 2026
According to the latest report by IMARC Group, titled "Microporous Insulation Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026," the global microporous insulation market exhibited moderate growth during 2015-2020. Looking forward, IMARC Group expects the market to grow at a CAGR of around 5% during 2021-2026.Report Metric
Historical: 2015-2020
Base Year: 2020
Forecast Year: 2021-2026
Download free sample of the report: https://www.imarcgroup.com/microporous-insulation-market/requestsample
Microporous Insulation Market Industry Definition and Application:
Microporous insulation is an inorganic and non-combustible composite material offering compressive strength, excellent fire barrier, minimal thermal shrinkage, and resistance to liquids and chemicals. It is an interconnecting pore size comparable to the average free path of air molecules present at standard atmospheric pressure.
Note: We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
Microporous Insulation Market Trends and Drivers:
At present, microporous insulation is used in manufacturing components of an aircraft, such as heat shields and recorder boxes, to provide heat-resistance to interiors and exteriors without the need for a vacuum. This, in confluence with considerable growth in the aerospace industry, represents one of the major factors bolstering the growth of the market. In addition, the burgeoning automotive sector is catalyzing the demand for microporous insulation to minimize surface temperature, friction, resistance to vibration, and excellent acoustic performance. Apart from this, extensive investment in research and development (R&D) activities to develop innovative product variants is creating a positive outlook for the market.
Browse full report with TOC: https://www.imarcgroup.com/microporous-insulation-market
Microporous Insulation Market Segmentation:
Competitive Landscape:
The report has segmented the market on the basis on region, material, product, application.
Breakup by Material:
Alumina Silica
Calcium Magnesium Silicate
Others
Breakup by Product:
Rigid Boards and Panels
Flexible Panels
Others
Breakup by Application:
Industrial
Energy and Power
Oil and Gas
Aerospace and Defense
Others
Breakup by Region:
North America: (United States, Canada)
Asia Pacific: (China, Japan, India, South Korea, Australia, Indonesia, Others)
Europe: (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
Latin America: (Brazil, Mexico, Others)
Middle East and Africa
Who are the Major Microporous Insulation Market Key players?
Elmelin Ltd., Etex Group, Isoleika S. Coop, Johns Manville Corporation (Berkshire Hathaway Inc.), Kingspan Group Plc, Morgan Advanced Materials plc, NICHIAS Corporation, Siltherm Group Holdings Limited, TECHNO-PHYSIK Engineering GmbH, Unicorn Insulations Limited and Unifrax LLC.
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