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Global High Temperature Insulation Materials Market is accounted for $6.61 billion in 2020 and is expected to reach $14.38 billion by 2028
Global High Temperature Insulation Materials Market is accounted for $6.61 billion in 2020 and is expected to reach $14.38 billion by 2028 growing at a CAGR of 10.2% during the forecast period. The requirement for energy savings and speedy industrialization across the globe and are driving the market growth. However, a damaging effect as a result of exposure to certain high-temperature insulation materials is hampering the growth of the market.
High-temperature insulation materials function at elevated temperature range. These materials deliver enhanced security, dependability, and performance. These are deployed across numerous verticals comprising iron & steel, ceramics, petrochemicals, cement, powder metallurgy, and others.
Based on the material type, the ceramic fibers segment is going to have lucrative growth during the forecast period, owing to its low thermal conductivity, outstanding shielding properties, exceptional thermal tremor resistance, low heat storage capacity & inorganic (smoke-free) it is used for various applications such as high temperature gaskets, reformer and boiler lining, furnace door lining, laboratory ovens, fire protection & acoustical service and reusable steam and gas turbine insulation.
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By geography, Asia Pacific is going to have high growth during the forecast period, due to growing electrical & electronics industry, increasing emergent economies, robust production activities across foremost end-user industry applications, and improving environmental regulations and laws in the province.
Some of the key players profiled in the High Temperature Insulation Materials Market include Isolite Insulating Products Co. Ltd., Knauf Insulation, Luyang Energy-saving Materials Co. Ltd, M.E. Schupp Industriekeramik GmbH, Mitsubishi Chemical Holdings, Morgan Advanced Materials, Nutec, Pacor Inc., Promat, Pyrotek Inc., Rath-Group, RHI Magnesita, Skamol, Unifrax Corporation, ADL Insulflex Inc.
Material Types Covered:
• Calcium Silicate
• Ceramic Fibers
• Fiberglass
• Insulating Firebricks
• Mineral Wool
• Aerogel
• Mica
• Microporous
• Polystyrene
• Polyurethane Foam
• Super Wool
• Vacuum-Formed Insulating Products
• Other Material Types
Temperature Ranges Covered:
• 6000C-11000C (1112°F-2012°F)
• 11000C-15000C (2012°F-2732°F)
• 15000C-17000C (2732°F-3092°F)
• 17000C and Above (3092°F)
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End Users Covered:
• Aluminum
• Automotive
• Building
• Cement
• Ceramic
• Chemical & Material
• Construction
• Electrical and Electronics
• Glass
• Industrial
• Iron & steel
• Mining
• Oil and Gas
• Petrochemical
• Powder Metallurgy
• Power Generation
• Refractory
• Transportation
Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa
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