In 2020, the global high-temperature insulation materials market will be worth 6.61 billion U.S. dollars and is expected to reach 14.38 billion U.S. dollars by 2028, with a compound annual growth rate of 10.2% during the forecast period. The global demand for energy saving and rapid industrialization is driving market growth. However, the destructive effects of exposure to certain high-temperature insulating materials are hindering market growth.
High-temperature insulating materials work in an elevated temperature range. These materials provide enhanced safety, reliability and performance. These are deployed in many vertical industries, including steel, ceramics, petrochemicals, cement, powder metallurgy, etc.
Based on the type of material, the ceramic fiber part will achieve profitable growth during the forecast period because of its low thermal conductivity, excellent shielding performance, excellent thermal shock resistance, low heat storage capacity and inorganic (smoke-free) use Various applications such as high temperature gaskets, reformer and boiler linings, furnace door linings, laboratory ovens, fire protection and acoustic services, and reusable steam and gas turbine insulation.
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By region, due to the development of the electrical and electronic industries, the increase of emerging economies, the strong production activities applied by major end-user industries, and the improvement of environmental regulations and laws in the province, the Asia-Pacific region will achieve rapid growth during the forecast period.
Some of the major players in the high-temperature insulation materials market include Isolite Insulation Products Co., Ltd., Knauf Insulation, Luyang Energy-saving Materials Co., Ltd., ME 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.
Covered material types: • Calcium silicate • Ceramic fiber • Glass fiber • Insulating refractory bricks • Mineral wool • Aerogel • Mica • Microporous • Polystyrene • Polyurethane foam • Super wool • Vacuum formed insulation products • Other material types
Covered temperature range: • 6000C-11000C (1112°F-2012°F) • 11000C-15000C (2012°F-2732°F) • 15000C-17000C (2732°F-3092°F) • 15000C-17000C (2732 °F-3092°F) and above• F)
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End users include: • Aluminum • Automobiles • Construction • Cement • Ceramics • Chemicals and materials • Construction • Electrical and electronics • Glass • Industry • Steel • Mining • Oil and gas • Petrochemicals • Powder metallurgy • Power generation • Refractories • Transportation
Covered areas: • North America o United States o Canada o Mexico • Europe o Germany o United Kingdom o Italy o France o Spain o Rest of Europe o Asia Pacific o Japan o China o India o Australia o New Zealand o South Korea o Rest of Asia Pacific o South America o Argentina o Brazil o Chile o Rest of South America • Middle East and Africa o Saudi Arabia o United Arab Emirates o Qatar o South Africa o Rest of the Middle East and Africa
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