Brazil High Temperature Insulation Market Size & Outlook
Brazil high temperature insulation market, 2017-2030 (US$M)
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Brazil high temperature insulation market highlights
- The Brazil high temperature insulation market generated a revenue of USD 136.4 million in 2021 and is expected to reach USD 217.4 million by 2030.
- The Brazil market is expected to grow at a CAGR of 5.3% from 2022 to 2030.
- In terms of segment, ceramic fiber was the largest revenue generating product in 2021.
- Ceramic Fiber is the most lucrative product segment registering the fastest growth during the forecast period.
High temperature insulation market data book summary
| Market revenue in 2021 | USD 136.4 million |
| Market revenue in 2030 | USD 217.4 million |
| Growth rate | 5.3% (CAGR from 2021 to 2030) |
| Largest segment | Ceramic fiber |
| Fastest growing segment | Ceramic Fiber |
| Historical data | 2017 - 2020 |
| Base year | 2021 |
| Forecast period | 2022 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Ceramic Fiber, Insulating Firebrick, Calcium Silicate |
| Key market players worldwide | 3M Co, Morgan Advanced Materials PLC, Almatis, Aspen Aerogels Inc |
Other key industry trends
- In terms of revenue, Brazil accounted for 2.2% of the global high temperature insulation market in 2021.
- Country-wise, China is expected to lead the global market in terms of revenue in 2030.
- In Latin America, Brazil high temperature insulation market is projected to lead the regional market in terms of revenue in 2030.
- Brazil is the fastest growing regional market in Latin America and is projected to reach USD 217.4 million by 2030.
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High Temperature Insulation Market Scope
High Temperature Insulation Market Companies
| Name | Profile | # Employees | HQ | Website |
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Brazil 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 63.49% in 2021. Horizon Databook has segmented the Brazil high temperature insulation market based on ceramic fiber, insulating firebrick, calcium silicate covering the revenue growth of each sub-segment from 2017 to 2030.
The Brazilian high temperature insulation market is expected to witness significant growth over the forecasted period owing to rapid growth in several end-use industries such as cement production, chemicals processing, and iron & steel production.
In addition, significant government investments toward the development of oil production and exploration industry in the country are expected to drive the growth of the high temperature insulation market in the country. The rapidly growing cement industry in the country is expected to a major market driver.
As per data published by the National Cement Industry Union (SNIC), the total cement sales in Brazil was 54.5 Mt in 2019 and recorded a growth of about 3.5%, as compared to 2018. In addition, the rapidly growing ceramic tiles industry in the country is expected to drive product demand over the forecasted period.
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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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Horizon Databook provides a detailed overview of country-level data and insights on the Brazil high temperature insulation market , including forecasts for subscribers. This country databook contains high-level insights into Brazil high temperature insulation market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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Brazil high temperature insulation market size, by product, 2017-2030 (US$M)
Brazil High Temperature Insulation Market Outlook Share, 2021 & 2030 (US$M)
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