Press release
Rise Of Advanced Insulation Material Market Leads To Expanded Consumer Base
Global Advanced Insulation material market information by Material (Aerogels, Ceramic Fibers, Glass bubbles, EPS, XPS and others), by Application (Industrial, Oil & gas, Construction, Power, Automotive and others) and Region - Forecast to 2022
Market Highlights
Global advanced insulation material market is seen advancing with expansion and various product lunches by the major players. The key players in the market are adopting such strategies to sustain in this highly competitive market. Growing application of aerogels across industries has widened the scope of the advanced insulation material. Rapid growth and increasing demand of advanced insulation by end-use industries such as Industrial, Oil & gas, Construction, Transportation and Power Generation, automotive and few more are helping in growth of this market. A few constraints associated with this market include high production cost of aerogels and carcinogenic nature of ceramic fibers which is hindering its overall growth. The market is estimated to grow up to USD 11 Billion by 2022 and attain a CAGR of approximately 11% by the end of the forecasted period.
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Market Research Analysis:
It is expected that the global advanced insulation material market will advance with higher growth rate as compared to previous years. The market will be dominated by oil and gas in terms of value. It is expected that growth will sustain in this market by increasing demand of product for critical applications in oil and gas segment. It will be supported by the increasing concern for energy conservation. Advanced insulation material is used in automobile industry as well as it provides many benefits such as thermal signature reduction for hot engine components, enhanced acoustic performance, impact damping, lightweight thermal insulation for exhaust, and fire protection.
Aerogel materials are also expected to record a growth in the forecasted period. Factors such as increasing concerns for energy conservation, superior insulating properties, cheap and abundant raw material availability and reduction in green-house gases emissions will drive the growth for this segment in the global advanced insulation materials market.
Target Audience
• Manufactures
• Raw Materials Suppliers
• Aftermarket suppliers
• Research Institute / Education Institute
• Potential Investors
• Key executive (CEO and COO) and strategy growth manager
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Scope of the report
This study provides an overview of the global advanced insulation material industry, tracking two market segments across four geographic regions. The report studies key players, providing a five-year annual trend analysis that highlights market size, volume and share for North America, Europe, Asia Pacific, and Rest of the World. The report also provides a forecast, focusing on the market opportunities for the next five years for each region. The scope of the study segments the global advanced insulation material market as material, and application. On the basis of material it is segmented as aerogels, ceramic fibers, glass bubbles, EPS, XPS and others. On the basis of application it is segmented as industrial, oil & gas, construction, power, automotive and others.
Key Players
The key players of global advanced insulation market report include- Aspen Aerogels Inc., Cabot Corporation, 3M Company, Aerogel Technologies LLC, Nano High-Tech Co. Ltd., Guangdong Alison Hi-Tech Co. Ltd., Morgan Thermal Ceramics, Unifrax Corporation, and Shandong Luyang Share Co. Ltd.
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1 Executive Summary
2 Scope Of The Report
2.1 Market Definition
2.2 Scope Of The Study
2.2.1 Research Objectives
2.2.2 Assumptions & Limitations
2.3 Markets Structure
3 Market Research Methodology
3.1 Research Process
3.2 Secondary Research
3.3 Primary Research
3.4 Forecast Model
4 Market Landscape
4.1 Five Forces Analysis
4.1.1 Threat Of New Entrants
4.1.2 Bargaining Power Of Buyers
4.1.3 Threat Of Substitutes
4.1.4 Segment Rivalry
4.2 Value Chain Of Global Advanced Insulation Material Market
5 Industry Overview Of Global Advanced Insulation Material Market
5.1 Introduction
5.2 Growth Drivers
5.3 Impact Analysis
5.4 Market Challenges
5.5 Impact Analysis
6 Market Trends
6.1 Introduction
6.2 Growth Trends
6.3 Impact Analysis
7. Global Advanced Insulation Material Market By Region
8. Global Advanced Insulation Material Market By Material
9. Global Advanced Insulation Material Market By Application
10. Company Profiles
TOC Continues...
About Us:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for , regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.
In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members.
Akash Anand,
Market Research Future
Pune – 411028
Maharashtra, India
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