High Performance Insulation Materials Market: Global Market Estimation, Dynamics, Regional Share, Trends, Competitor Analysis 2015-2020 and Forecast 2021-2027

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Global High Performance Insulation Materials Market: By Material Type (Aerogels, Ceramic Fibers and Others), Application (Construction, Transportation and Power Generation, Industrial, Oil & gas and Others (Automotive, Paints & Coatings)) and Geography

 

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Report

Description

The global high performance insulation materials market was valued at US$8.8 Billion in the year 2020, is projected to reach a revised size of US$16.8 Billion by 2027, growing at a CAGR of 9.9% over the analysis period 2021-2027. Some of the key factors fueling the market growth include growth of end-use industries, growing usage in the oil and gas industry, rising awareness regarding greenhouse emissions and energy savings and increasing demand for energy savings. However, factors such as carcinogenic nature of ceramic fibers and high set-up and maintenance costs and relatively low service life are the main factors hindering the market growth. The high performance insulation materials market is rising as a result of factors such as increased demand from the oil and gas industry, as well as increased awareness of energy savings and greenhouse gas emissions. Regulations governing traditional insulating materials are also assisting the market’s expansion. The market’s growth is expected to be aided by increased awareness of ceramic fibre and heat resistance of aerogels. The carcinogenic nature of ceramic fibres, on the other hand, will operate as a limitation on market growth. The paper is intended to help High Performance Insulation Materials firms flourish in the face of ongoing challenges in the sector and re-orient their strategy to meet new economic, social, environmental, and political expectations. The comprehensive study examines the global and regional High Performance Insulation Materials markets to determine the correct segments to focus on, as well as major drivers, challenges, and market trends that will impact the future of the global and regional markets.

High Performance Insulation Materials Market

MARKET SUMMARY
-
9.9%
  • Study Period– 2021 – 2027
  • Base Year– 2020
  • CAGR– 9.9%
  • Largest Market– Asia Pacific
  • Fastest Growing Market– North-America

High Performance Insulation Materials Market

  • Global high performance insulation materials market report gives comprehensive outlook on high performance insulation materials across the globe with special emphasis on key regions such as North America, Europe, Asia Pacific, Latin America, and Middle East and Africa.
  • The report on global high performance insulation materials market gives historical, current, and future market sizes (US$ Bn) on the basis of material type, application and region.
  • This report studies global high performance insulation materials market dynamics elaborately to identify the current trends & drivers, future opportunities and possible challenges to the key stakeholders operating in the market.
  • Key stakeholders of the global high performance insulation materials market report include suppliers, manufacturers, marketers, policy makers, and healthcare service providers engaged in global high performance insulation materials products.
Market Key Players
  • 3M Company (U.S.)
  • Aerogel Technologies LLC (U.S.)
  • Aspen Aerogels Inc. (U.S.)
  • Cabot Corporation (U.S.)
  • Morgan Thermal Ceramics (U.K.)
  • Nano High-Tech Co. Ltd. (China)
  • Unifrax Corporation (U.S.)
Growth

High Performance Insulation Materials Market

Oil and gas will remain essential to global economic development and prosperity for decades. The future for the oil and gas industry has changed. The enormous economic contribution of the oil and gas industry to many national economies makes its future of critical importance to the global community. Since the industrial revolution, oil and natural gas have played an instrumental role in economic transformation and mobility in everyday life for the majority of the world’s population. Oil was so fundamental to the development of modern society in the industrialized world that the 20th century is often referred to as the age of oil thermal insulation for the oil and gas industries addresses relative design, materials, procedures, and standard installation necessities for various oil and gas infrastructure such as pipelines, subsea equipment, vessels, and tanks.


Asia-Pacific Got Significant Share

High Performance Insulation Materials Market

Asia Pacific accounted for larger revenue share in global high performance insulation materials market with considerable CAGR. The growth in this region is due to rapidly expanding commercial and industrial base and high performance insulation materials. Also, India and China are the major contributors for the growth of the market growth in the region. North America held considerable market growth during estimated period owing to existence of numerous insulation material suppliers and high infrastructure investments.

Latin America
Latin-America
North-America
North-America
Europe
Europe
Asia Pacific
Asia-Pacific
Middle East
Middle East

Key

Key Findings of the Report

  • Global high performance insulation materials market expanding at significant CAGR over 2021 to 2027 due to growing usage in the oil and gas industry
  • Based on material type, aerogels segment accounted for larger market revenue share in 2020 and projected gain market revenue share over the forecast period
  • Players focusing on innovation of newer products and collaboration strategies to retain market position in global high performance insulation materials market

Key

Key Features of the Report

High Performance Insulation Materials Market Segmentation


Location

GEOGRAPHY


Report

Table Of Content

  1. Executive Summary
  2. Global High Performance Insulation Materials Market Introduction
    • Global High Performance Insulation Materials Market – Taxonomy
    • Global High Performance Insulation Materials Market –Definitions
      • Material Type
      • Application
  1. Global High Performance Insulation Materials Market Dynamics
    • Drivers
    • Restraints
    • Opportunities/Unmet Needs of the Market
    • Trends
    • Global High Performance Insulation Materials Market Dynamic Factors – Impact Analysis
    • Global High Performance Insulation Materials Market – Competition Landscape
  2. Global High Performance Insulation Materials Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025
    • Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)
    • Year-over-Year (Y-o-Y) Growth Analysis (%)
    • Market Opportunity Analysis
  3. Global High Performance Insulation Materials Market, By Material Type, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)
    • Aerogels
      • Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Ceramic Fibers
      • Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Others (Glass Bubble, EPS, XPS)
      • Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
  1. Global High Performance Insulation Materials Market Forecast, By Application, 2014 – 2018 and Forecast, 2019 – 2025
    • Construction, Transportation and Power Generation
      • Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Industrial
      • Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Oil & gas
      • Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Others
      • Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
  1. Global High Performance Insulation Materials Market Forecast, By Region, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)
    • North America
      • Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Europe
      • Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Asia-Pacific
      • Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Latin America
      • Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Middle East and Africa
      • Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Global High Performance Insulation Materials Market – Opportunity Analysis Index, By Material Type, Application and Region, 2019 – 2025
  2. North America High Performance Insulation Materials Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)
    • Material Type Analysis 2014 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
      • Aerogels
      • Ceramic Fibers
      • Others (Glass Bubble, EPS, XPS)
    • Application Analysis 2014 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
      • Construction, Transportation and Power Generation
      • Industrial
      • Oil & gas
      • Others (Automotive, Paints & Coatings)
    • Country Analysis 2014 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
      • US
      • Canada
    • North America High Performance Insulation Materials Market – Opportunity Analysis Index, By Material Type, Application and Country, 2019 – 2025
    • North America High Performance Insulation Materials Market Dynamics – Trends
  3. Europe High Performance Insulation Materials Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)
    • Material Type Analysis 2014 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
      • Aerogels
      • Ceramic Fibers
      • Others (Glass Bubble, EPS, XPS)
    • Application Analysis 2014 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
      • Construction, Transportation and Power Generation
      • Industrial
      • Oil & gas
      • Others (Automotive, Paints & Coatings)
    • Country Analysis 2014 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
      • Germany
      • UK
      • France
      • Spain
      • Italy
      • Russia
      • Poland
      • Rest of Europe
    • Europe High Performance Insulation Materials Market – Opportunity Analysis Index, By Material Type, Application and Country, 2019 – 2025
    • Europe High Performance Insulation Materials Market Dynamics – Trends
  4. Asia-Pacific High Performance Insulation Materials Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)
    • Material Type Analysis 2014 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
      • Aerogels
      • Ceramic Fibers
      • Others (Glass Bubble, EPS, XPS)
    • Application Analysis 2014 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
      • Construction, Transportation and Power Generation
      • Industrial
      • Oil & gas
      • Others (Automotive, Paints & Coatings)
    • Country Analysis 2014 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
      • Japan
      • China
      • India
      • ASEAN
      • Australia & New Zealand
      • Rest of Asia-Pacific
    • Asia-Pacific High Performance Insulation Materials Market – Opportunity Analysis Index, By Material Type, Application and Country, 2019 – 2025
    • Asia-Pacific High Performance Insulation Materials Market Dynamics – Trends
  5. Latin America High Performance Insulation Materials Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)
    • Material Type Analysis 2014 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
      • Aerogels
      • Ceramic Fibers
      • Others (Glass Bubble, EPS, XPS)
    • Application Analysis 2014 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
      • Construction, Transportation and Power Generation
      • Industrial
      • Oil & gas
      • Others (Automotive, Paints & Coatings)
    • Country Analysis 2014 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
      • Brazil
      • Mexico
      • Argentina
      • Rest of Latin America
    • Latin America High Performance Insulation Materials Market – Opportunity Analysis Index, By Material Type, Application and Country, 2019 – 2025
    • Latin America High Performance Insulation Materials Market Dynamics – Trends
  6. Middle East and Africa High Performance Insulation Materials Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)
    • Material Type Analysis 2014 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
      • Aerogels
      • Ceramic Fibers
      • Others (Glass Bubble, EPS, XPS)
    • Application Analysis 2014 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
      • Construction, Transportation and Power Generation
      • Industrial
      • Oil & gas
      • Others (Automotive, Paints & Coatings)
    • Country Analysis 2014 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
      • Gulf Cooperation Council (GCC) Countries
      • Israel
      • South Africa
      • Rest of MEA
    • MEA High Performance Insulation Materials Market – Opportunity Analysis Index, By Material Type, Application and Country, 2019 – 2025
    • MEA High Performance Insulation Materials Market Dynamics – Trends
  7. Competition Landscape
    • Strategic Dashboard of Top Market Players
    • Company Profiles (Introduction, Financial Analysis, Application & Service Offerings, Key Developments, Strategies, and SWOT Analysis)
      • 3M Company (U.S.)
      • Aerogel Technologies LLC (U.S.)
      • Aspen Aerogels Inc. (U.S.)
      • Cabot Corporation (U.S.)
      • Morgan Thermal Ceramics (U.K.)
      • Nano High-Tech Co. Ltd. (China)
      • Unifrax Corporation (U.S.)
  1. Research Methodology
  2. Key Assumptions and Acronyms

Report

Company Profile

  • 3M Company (U.S.)
  • Aerogel Technologies LLC (U.S.)
  • Aspen Aerogels Inc. (U.S.)
  • Cabot Corporation (U.S.)
  • Morgan Thermal Ceramics (U.K.)
  • Nano High-Tech Co. Ltd. (China)
  • Unifrax Corporation (U.S.)

Description

The global high performance insulation materials market was valued at US$8.8 Billion in the year 2020, is projected to reach a revised size of US$16.8 Billion by 2027, growing at a CAGR of 9.9% over the analysis period 2021-2027. Some of the key factors fueling the market growth include growth of end-use industries, growing usage in the oil and gas industry, rising awareness regarding greenhouse emissions and energy savings and increasing demand for energy savings. However, factors such as carcinogenic nature of ceramic fibers and high set-up and maintenance costs and relatively low service life are the main factors hindering the market growth. The high performance insulation materials market is rising as a result of factors such as increased demand from the oil and gas industry, as well as increased awareness of energy savings and greenhouse gas emissions. Regulations governing traditional insulating materials are also assisting the market’s expansion. The market’s growth is expected to be aided by increased awareness of ceramic fibre and heat resistance of aerogels. The carcinogenic nature of ceramic fibres, on the other hand, will operate as a limitation on market growth. The paper is intended to help High Performance Insulation Materials firms flourish in the face of ongoing challenges in the sector and re-orient their strategy to meet new economic, social, environmental, and political expectations. The comprehensive study examines the global and regional High Performance Insulation Materials markets to determine the correct segments to focus on, as well as major drivers, challenges, and market trends that will impact the future of the global and regional markets.

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