High Temperature Insulation Market Trend, Revenue & Regional Analysis 2018 – 2026 by Top Players
High Temperature Insulation material prevents transfer of heat at extremely high temperatures while protecting adjacent materials from heat damage. High temperature insulation materials offer low thermal conductivity, high heat capacity, surface emissivity, and thermal bridging. Some high temperature insulation materials include calcium silicate, ceramic fiber, insulating firebrick, and others. Calcium silicate is non-fibrous, and most commonly used as backup insulation. Ceramic fiber offers features such as high resistance to thermal shock, low thermal conductivity and low heat storage, making it an efficient insulator.
High Temperature Insulation Market is expected to gain traction owing to simultaneous growth in manufacturing and industrial production sector.
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The major driving factors of the High Temperature Insulation Market include increasing need to save energy, improve performance, and reduce operation costs. Growth in manufacturing and industrial sectors has increased the demand of high thermal insulation material over the years. There has been an increase in demand from industries such as aerospace & defense, automotive & transportation, and industrial, thereby supporting market growth. There has been significant growth in manufacturing and construction industries owing to favorable government regulations and initiatives such as subsidies and incentives and increasing foreign investments. Expansion of established companies into emerging economies and technological advancements in nanotechnology based thermal insulation would provide numerous growth opportunities in the market.
Key players in the High Temperature Insulation Market are:
- Mitsubishi Plastics Inc.
- Unifrax I LLC
- Morgan Thermal Ceramics
- RHI AG
- Isolite Insulating Products Co. Ltd.
- Dyson Group PLC
- Insulcon Group
- Hi-Temp Insulation Inc.
- Pacor Inc.
- Skamol A/S
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Geographic Analysis: -
On the basis of geography, Asia-Pacific is expected to account for the highest share during forecast period. A significant growth in the manufacturing, automotive, and construction sectors has been registered over the past few years in China, India, and Japan, thereby driving the growth of market. Low labor costs, easy availability of raw materials, and need to improve operational efficiency in different industries further support the High Temperature Insulation Market growth in the region. Leading global players are expanding their presence in developing nations of China, Japan, India, Indonesia, and Malaysia to tap the growth opportunities offered by these countries.
TOC of High Temperature Insulation Market:
Chapter 1. Overview and Scope
Chapter 2. Market Summary
Chapter 3 High Temperature Insulation Market Size and Forecast
Chapter 4. Dynamics and Segmentation
Chapter 5. Detailed Insight on Key Company
Chapter 6. Research Methodology and Reference
Chapter 7. Competitive Landscape
TOC Continued…...!!!
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