The Global Microporous Insulation Market is accounted for $119.30 million in 2018 and is expected to reach $213.86 million by 2027 growing at a CAGR of 6.7% during the forecast period. Increasing preference of light weighted insulating materials over traditional materials, stringent energy consumption and insulation standards and rapid growth of the end-use industries are the major factors driving the market growth. However, high cost of manufacturing may restrict the market growth.
Microporous insulation material is fully inorganic which makes it non-combustible and suitable for passive fire protection applications. Microporous insulation material provides best energy conservation and alumina based microporous insulation material which provides advanced insulation with ultra-low thermal conductivity.
By Product, Rigid boards & panels segment has a growing prominence/importance due to its extremely low thermal conductivity and high thermal stability. The rigid foam board provides a layer of protection against moisture. By geography, Europe is estimated to have a lucrative growth due to rising awareness to conserve energy and growth in demand from aerospace & defense sector in the region.
Some of the key players profiled in the Microporous Insulation include Advanced Ceramics Corp., Elmelin, Guangzhou Huineng Environmental Protection Materials Co. (SILTHERM) , Isoleika S. Coop. , Johns Manville, Kingspan Group Plc, Kyungdong One Co., Ltd., Laizhou Mingguang thermal Insulation Material Co. Ltd., Luyang Energy-Saving Materials Co., Ltd., Morgan Advanced Materials, NICHIAS Corporation, Promat International, Thermodyne, Unicorn Insulations and Unifrax.
Products Covered:
- Feeder Bowl Kits
- Flexible Panels
- Rigid Boards and Panels
- Vacuum Insulated Panels
Grades Covered:
- Silica based
- Alumina based
Applications Covered:
- Thermal Management
- Piping Insulation
- Kiln and Industrial Furnace Insulation Lining
- Fuel Cell and Power Plan Insulation
- Fire Proofing
- Emission Control
End Users Covered:
- Oil & Gas
- Industrial
- Energy & Power
- Aerospace & Defense
- Other End Users
Regions Covered:
- North America
- ·US
- ·Canada
- ·Mexico
- Europe
- ·Germany
- ·UK
- ·Italy
- ·France
- ·Spain
- ·Rest of Europe
- Asia Pacific
- ·Japan
- ·China
- ·India
- ·Australia
- ·New Zealand
- ·South Korea
- ·Rest of Asia Pacific
- South America
- ·Argentina
- ·Brazil
- ·Chile
- ·Rest of South America
- Middle East & Africa
- ·Saudi Arabia
- ·UAE
- ·Qatar
- ·South Africa
- ·Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country level segments
- Strategic recommendations for the new entrants
- Market forecasts for a minimum of 9 years of all the mentioned segments, sub segments and the regional markets
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic analysis: Drivers and Constraints, Product/Technology Analysis, Porter’s five forces analysis, SWOT analysis etc.
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
- Company Profiling
- ·Comprehensive profiling of additional market players (up to 3)
- ·SWOT Analysis of key players (up to 3)
- Regional Segmentation
- ·Market estimations, Forecasts and CAGR of any prominent country as per the clients interest (Note: Depends of feasibility check)
- Competitive Benchmarking
- ·Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances