Microporous Insulation - Global Market Outlook (2018-2027)
According to Stratistics MRC, 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.
• Feeder Bowl Kits
• Flexible Panels
• Rigid Boards and Panels
• Vacuum Insulated Panels
• Silica based
• Alumina based
• 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
• Energy & Power
• Aerospace & Defense
• Other End Users
• North America
o Rest of Europe
• Asia Pacific
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o South Africa
o 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
- Covers Market data for the years 2017, 2018, 2019, 2023 and 2027
- 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
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o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the clients interest (Note: Depends of feasibility check)
• Competitive Benchmarking
o Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances
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