Global High Temperature Insulation Market Size & Outlook
Global high temperature insulation market, 2017-2030 (US$M)
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Global high temperature insulation market highlights
- The global high temperature insulation market generated a revenue of USD 6,337.2 million in 2021 and is expected to reach USD 10,568.8 million by 2030.
- The market is expected to grow at a CAGR (2022 - 2030) of 5.8% by 2030.
- In terms of segment, ceramic fiber accounted for a revenue of USD 4,031.1 million in 2021.
- Ceramic Fiber is the most lucrative product segment registering the fastest growth during the forecast period.
- In terms of region, Asia Pacific was the largest revenue generating market in 2021.
- Country-wise, UK is expected to register the highest CAGR from 2022 to 2030.
Global data book summary
| Market revenue in 2021 | USD 6,337.2 million |
| Market revenue in 2030 | USD 10,568.8 million |
| Growth rate | 5.8% (CAGR from 2021 to 2030) |
| Largest segment | Ceramic fiber |
| Fastest growing segment | Ceramic Fiber |
| Historical data covered | 2017 - 2020 |
| Base year for estimation | 2021 |
| Forecast period covered | 2022 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Ceramic Fiber, Insulating Firebrick, Calcium Silicate |
Other key industry trends
- In terms of revenue, the North America accounted for 16.1% of the global high temperature insulation market in 2021.
- By country, the China is projected to lead the global market in terms of revenue in 2030.
- By country, UK is the fastest growing regional market and is projected to reach USD 306.3 million by 2030.
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High Temperature Insulation Market Scope
High Temperature Insulation Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Almatis | View profile | 1001-5000 | Frankfurt, Hessen, Germany, Europe | http://www.almatis.com/ |
| Morgan Advanced Materials PLC | View profile | 8783 | Sheet Street, York House, Windsor, United Kingdom, SL4 1DD | https://www.morganadvancedmaterials.com |
| Aspen Aerogels Inc | View profile | 548 | 30 Forbes Road, Building B, Northborough, MA, United States, 01532 | https://www.aerogel.com |
| 3M Co | View profile | 85000 | 3M Center, St. Paul, MN, United States, 55144 | https://www.3m.com |
Global high temperature insulation market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to high temperature insulation market will help companies and investors design strategic landscapes.
Ceramic fiber was the largest segment with a revenue share of 63.61% in 2021. Horizon Databook has segmented the Global high temperature insulation market based on ceramic fiber, insulating firebrick, calcium silicate covering the revenue growth of each sub-segment from 2017 to 2030.
Carbon dioxide emission from industrial facilities has become an alarming issue across the globe as it has several impacts on human health and the environment. This emission has contributed to climate change in the past few years. As per the reports by the U.S. Environmental Protection Agency, carbon dioxide emission makes up more than 80 percent of the greenhouse gases emitted in the country.
This has alerted several economies to reduce greenhouse gas emissions from industrial areas. Thus, government organizations and social authorities across the globe have mandated the use of essential components to reduce CO2 emissions from industrial facilities.
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Target buyers of Global high temperature insulation market databook
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Our clientele includes a mix of high temperature insulation market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of global-level data and insights on the Global high temperature insulation market , including forecasts for subscribers. This global databook contains high-level insights into Global high temperature insulation market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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Global high temperature insulation market size, by regions, 2017-2030 (US$M)
Top 10 countries: High temperature insulation market size, 2021 (US$M)
Global high temperature insulation market share, by product, 2021 & 2030 (%, US$M)
High temperature insulation market: Opportunity assessment by country
Global high temperature insulation market, by region, 2021 (US$M)
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