Market revenue in 2021 | USD 285.4 million |
Market revenue in 2030 | USD 460.2 million |
Growth rate | 5.5% (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 |
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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 65.28% in 2021. Horizon Databook has segmented the France 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 high temperature insulation market in France is expected to grow significantly over the forecasted period owing to growing usage of the product in several major industries in the country including chemicals, electronics, metallurgy, and machinery manufacturing.
In addition, the demand for the product is expected to be high in the well-developed nuclear energy sector of the country with 56 active nuclear reactors. As per data published by World Nuclear Association in January 2021, nuclear energy accounts for more than 70% of the country’s electricity production.
Large investments by glass manufacturing companies to increase their production capacities are also expected to contribute to the growth of the high temperature insulation market. The demand for glass is expected to rise owing to the growth of its several end-use industries such as construction, automobiles, and furniture.
Horizon Databook provides a detailed overview of country-level data and insights on the France high temperature insulation market , including forecasts for subscribers. This country databook contains high-level insights into France high temperature insulation market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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