Germany High Temperature Insulation Market Size & Outlook
Germany high temperature insulation market, 2017-2030 (US$M)
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Germany high temperature insulation market highlights
- The Germany high temperature insulation market generated a revenue of USD 375.2 million in 2021 and is expected to reach USD 520.1 million by 2030.
- The Germany market is expected to grow at a CAGR of 3.7% 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 375.2 million |
| Market revenue in 2030 | USD 520.1 million |
| Growth rate | 3.7% (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, Germany accounted for 5.9% 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 Europe, Germany high temperature insulation market is projected to lead the regional market in terms of revenue in 2030.
- France is the fastest growing regional market in Europe and is projected to reach USD 460.2 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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Germany 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 64.39% in 2021. Horizon Databook has segmented the Germany 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 Germany is expected to grow significantly over the forecasted period. This can be attributed to strong emphasis by the German government, in collaboration with the European Energy Commission, for the reduction of energy consumption in industries, as a part of EU’s climate protection programs.
In addition, large investments toward replacing traditional thermal insulation materials, such as expanded polyurethane and polystyrene, with biopolymers and cellulose acetate, under the Bio Fassade project by the Federal Ministry of Economics and Technology, are expected to drive the growth of the high temperature insulation market in the country.
The German industrial landscape is dominated by four sectors, namely electrical, chemicals, mechanical engineering works, and manufacturing. These sectors account for a major chunk of industrial revenue in the country.
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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 Germany high temperature insulation market , including forecasts for subscribers. This country databook contains high-level insights into Germany high temperature insulation market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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Germany high temperature insulation market size, by product, 2017-2030 (US$M)
Germany High Temperature Insulation Market Outlook Share, 2021 & 2030 (US$M)
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