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High Temperature Insulation Materials Market Worth 5.13 Billion USD by 2021


News provided by

MarketsandMarkets

22 Feb, 2017, 15:30 GMT

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PUNE, India, February 22, 2017 /PRNewswire/ --

The report "High Temperature Insulation Materials Market by Type (Ceramic Fibers, Insulating Firebricks, Calcium Silicate), Temperature Range (600°C-1100°C, 1100°C-1500°C, 1500°C-1700°C, and 1700°C & Above), End-Use Industry, Region - Global Forecast to 2021", published by MarketsandMarkets, The market is projected to reach USD 5.13 Billion by 2021, at a CAGR of 8.3% between 2016 and 2021.

     (Logo: http://photos.prnewswire.com/prnh/20160303/792302 )

Browse 91 market data Tables and 59 Figures spread through 172 Pages and in-depth TOC on "High Temperature Insulation Materials Market"

http://www.marketsandmarkets.com/Market-Reports/high-temperature-insulation-market-710.html
Early buyers will receive 10% customization on this report.

This growth is mainly attributed to the increasing demand for high temperature insulation materials from varied industries, such as petrochemicals, automotive, and aerospace, among others.

Ask for PDF of this Report at http://www.marketsandmarkets.com/pdfdownload.asp?id=710

Ceramic Fibers: The most widely used type of high temperature insulation materials 

Ceramic fibers are widely utilized in varied end-use industries. These fibers have low thermal conductivity, which make them a remarkable energy-saving material. In addition, ceramic fibers have low density and low thermal inertia, which facilitate the control of temperature inside the insulating surface. These properties of ceramic fibers, along with their wide range of operating temperatures, have led to the increasing usage of ceramic fibers over other materials in several industries.

The largest temperature range in the high temperature insulation materials market 

The temperature range of 600oC-1100oC is the largest temperature range in the high temperature insulation materials market. This is due to the fact that materials such as ceramic fibers, insulating firebricks, and calcium silicate, among others find maximum operations in the temperature range of 600¡ãC-1100¡ãC.

Petrochemicals: The largest end-use industry segment of the high temperature insulation materials market 

Among all end-use industries, the petrochemicals segment is the largest end-use industry segment of the high temperature insulation materials market. Growth in the petrochemicals industry can be attributed to the growing demand for petrochemical products across varied regions worldwide. To address the growing demand for these products, manufacturers are focused on enhancing their production capacities. This has led to the development of new manufacturing units that use high temperature insulations, owing to the growing concerns associated with energy savings and GHG emissions.

Make an Inquiry @ http://www.marketsandmarkets.com/Enquiry_Before_Buying.asp?id=710

Asia-Pacific: The largest regional segment of the high temperature insulation materials market 

Asia-Pacific is the largest regional segment of the High Temperature Insulation Materials Market, in terms of value and volume. Countries in this region such as China, India, Japan, and South Korea are witnessing a gradual increase in the use of high temperature insulation materials. The shift in the manufacturing base of several end-use industries, increase in foreign investments, and rise in the number of new manufacturing establishments in different sectors are expected to be the key driving factors propelling the growth of the high temperature insulation materials market in the Asia-Pacific region.

Morgan Thermal Ceramics Plc (U.K.), Unifrax I LLC (U.S), Etex Group (Belgium), RHI AG (Austria), and Almatis GmbH (Germany) are the most active players in the high temperature insulation materials market. Morgan Thermal Ceramics Plc is a key player in the high temperature insulation materials market. As part of its growth strategy, the company has focused on developing new products made of high temperature insulation materials. Another company that has established a strong foothold in the high temperature insulation materials market is Unifrax I LLC (U.S.). The company focuses on investing in mergers & acquisitions and new product launches to develop innovative products and new technologies.

Browse Related Reports:
High-Performance Insulation Materials Market by Type (Aerogel, Ceramic Fiber, Glass Bubble, EPS, XPS), Application (Oil & Gas, Industrial, Construction, Transportation and Power Generation, Automotive, and Paints & Coatings) - Global Forecast to 2021
http://www.marketsandmarkets.com/Market-Reports/high-performance-insulation-material-market-93702615.html

High Temperature Fiber Market by Fibers Type (Aramid (Para-aramid, Meta-aramid, others), Ceramic (Refractory Ceramic Fibers, Low Bio-persistent and others), and other fibers (Basalt, and others)), by Application (Security & Protection, Automotive, Aerospace, Industrial, Electrical & Electronics, and others) and by Region - Global Trends and Forecasts to 2020
http://www.marketsandmarkets.com/Market-Reports/high-temperature-fibers-market-52310328.html

Subscribe Reports from Chemicals & Materials Domain: http://www.marketsandmarkets.com/Knowledgestore.asp

About MarketsandMarkets 

MarketsandMarkets is the largest market research firm worldwide in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to a multitude of clients across 8 different industrial verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications. Our 850 fulltime analyst and SMEs at MarketsandMarkets are tracking global high growth markets following the "Growth Engagement Model - GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors.

M&M's flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. The new included chapters on Methodology and Benchmarking presented with high quality analytical infographics in our reports gives complete visibility of how the numbers have been arrived and defend the accuracy of the numbers.

We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository.


Contact:
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MarketsandMarkets
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