|09-29-2017 11:11 AM CET - Advertising, Media Consulting, Marketing Research||
Top companies like Luyang Energy-Saving Materials Co., Ltd., RHI AG, Mitsubishi Plastics Inc. Are Dominating “Global High Temperature Insulation Materials Market”
Press release from: Data Bridge Market Research
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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This report consists of below pages:
No of pages : 350
No of Figures: 60
No of Tables: 220
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.
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.
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.
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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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The high temperature insulation materials market is segmented on the basis of type into ceramic fiber, insulating firebrick, and calcium silicate and other.
On the basis of temperature range, the market is segmented into 600°C-1100°C, 1100°C-1500°C, 1500°C-1700°C, 1700°C & above.
On the basis of application, the market is segmented into petrochemicals, ceramics, glass, cement, iron & steel, refractory, powder metallurgy, aluminum and others.
On the basis of geography, the high temperature insulation materials market report covers data points for 28 countries across multiple geographies such as North America, South America, Europe, Asia-Pacific and Middle East & Africa. Some of the major countries covered in this report are U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa, and Brazil among others. In 2017, Asia-Pacific is expected to dominate the market.
Major Market Competitors:
Some of the major players in high temperature insulation materials market 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,5 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 and many more.
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